Esports Betting Guide for Beginners

In recent years, you might have heard several times about the term ‘Esports’. Its popularity has increased significantly over the years and is bound to escalate more. The industry is set to grow and reach $1.5 billion by the end of 2021. So, there are tons of money-making opportunities in this area.

What is the meaning of Esports?

Esports is the field of mobile games, or games available in the electronic format. It could be a shooter game, a football game, a car racing game, virtual poker, or any other similar activity. Globally, renowned investors from various sectors have shown deep interest in this field, as profit margins are touted to grow consistently.

Live streaming platforms

Before you delve into the activities of Esports betting, it is better to know about specific platforms that, on a daily basis, arrange for live streaming of a wide range of Esports events. Keep in mind the fact that if you are aiming to register with one platform or website, it should have considerable goodwill in the industry.

Related Guide: How does Esports Betting Work?

The basic premise of Esports dynamics

Generally, virtual events have multiple participants. There are different stakes associated to various outcomes of a particular event. You need to first have clear ideas about the stakes for each of the outcomes. After you are sure regarding the usual flow of an Esports event, you can go ahead and place appropriate bets in the matched betting framework, in a riskless way.

Different categories in Esports Betting

From a general point of view, there are three broad categories of Esports Betting, and they are:

  • Betting Outrights: In this case, you wager on the ultimate winner of a specific Esports tournament. Also, you can exercise the options that tell about the teams or players unlikely to make the cut for the next round.

  • Match-winner: Here, you need to focus on wagering an individual player or a team, in a particular match.

  • Totals: As the term suggest, in this category, you are required to place the bet on the total quantity associated to a stat, such as total hurdles crossed, total enemy tanks destroyed, etc.

Related Guide: Top Popular Games for Esports Betting

How to improve expertise?

Improving your skills in Esports Betting does not happen overnight. You have to get involved in the activity regularly in order to sharpen expertise in a desired direction. Gradually, you will develop skills to better understand the layers of betting in Esports events.

Related Guide: Best Online Bookmakers for Esports Betting in UK

Use a reliable betting calculator

You have to make a priority to leverage the power of a reliable betting calculator while planning and implementing strategies in the field of Esports betting. The calculator would provide you requisite support to clearly understand the quantitative aspect of the whole activity. You would have more confidence to place the bets, arguably, for any category of Esports event.

Focus on the basics

To begin with, it is better to avail some reliable Free Matched Betting Service from a veteran or a trusted website. This would give you the required ammunition to dive into the exciting world of Esports betting.

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Jargon Glossary

Back bet = betting on something to happen

Lay bet = betting on something to not happen

Betting Exchange = somewhere you can place lay bets

Profit Squirrel = the home of matched betting

Matched Betting = continue reading below 😁

Fractional odds = odds as a fraction (e.g. 4/1)

Decimal odds = odds as a decimal (e.g. 5.0)

What Is Matched Betting?

Matched betting is one of the best ways to make money online. It’s a simple technique that allows individuals to earn a guaranteed profit from bookmaker free bets and promotions.

How does matched betting work? It involves betting on all outcomes of an event, removing the element of chance, whilst at the same time receiving free bets and other amazing promotions from the bookmakers. These free bets can then be converted to cash profit. The reason it is called ‘matched’ betting is because you are matching your bookmaker bet with an opposite bet on a betting exchange.

Matched betting has been around since the first betting exchange in 1999. Previously this technique was reserved for betting traders only, but thanks to Profit Squirrel and our simple to follow, step-by-step guides, we have made it easy for absolutely anyone to make money. Over 70 per cent of our members had never placed a bet in their lives before starting matched betting. We guide you through and support you every step of the way, starting with as little as £10 and making up to £1,000 from the bookmakers sign-up / welcome offers alone!

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Frequently Asked Questions
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What is Profit Squirrel?

Profit Squirrel is the home of matched betting. We specialise in helping newbies learn & earn with matched betting, so that they can start profiting from Day 1.

We provide free video guides, software, and calculators. Making money online has never been easier. Profit Squirrel provide many support options, including, live chat (on the website), WhatsApp messenger, email support and a private Facebook community with over 30,000 fellow members.

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