Risks in eSports betting

Betting on eSports has become an integral part of almost every bookmaker. The reason for this is the popularity of e-sports in general, as well as pleasant odds, the ability to bet using in-game items, and the ability to win with high probability if you have an understanding of e-sports.

Esport has long become a competitive discipline. This gives an influx of a new audience to both bookmakers and betting in general. But do not forget that the risk in eSports bets is as high as in bets on other sports bets.

ESports Betting Risk

Betting on eSports can be an excellent source of good profit, for a person who understands the mechanics of a particular discipline. Nevertheless, e-sports is probably one of the most unstable sports that are offered by bookmakers.

Several factors can explain this:

• – The relatively young age of the industry.
• – Weak preparation of Tier 2 and Tier 3 teams.
• – The frivolous approach of teams to specific tournaments.
• – Opportunity to earn on fake matches.

ESports betting

Do not forget that bookmakers have become very dependent on eSports events. The main reason for this was that in eSports, there is always a certain event for which the bookmaker can give its odds. An example of this dependence was the end of 2019 and the beginning of 2020. Against the backdrop of the worldwide quarantine of the pandemic virus COVID-19, all matches of competitive sports were canceled. But as we know, for eSports this is not a problem. A team online can take part in any tournament. Therefore, in this challenging time, it was possible to bet on eSports due to no small number of events.

What conclusions can be drawn

But still, it is worth remembering that financial losses accompany the risk in eSports betting. The objective reason for this is the relatively short period of existence of eSports as a competitive discipline. It is no secret that investors are wary of eSports, those investors who are not directly related to eSports. TV channels do not broadcast eSports matches. There are no advertisements of famous brands. This has a good effect on players and teams that, from such uncertainty, cannot be 100% sure of the future. Therefore, players begin searching for additional opportunities to earn money, for example, ads or streams, which significantly affects the training process, and the game as a whole. Therefore, a player who showed an excellent result some time ago can show a disgusting result tomorrow.

Consequently, the coefficients for eSports have some differences in their understanding of the coefficients for another sport. This suggests that even ten years did not have enough to eSports, as a competitive discipline, to be sure in it. So, betting on eSport is accompanied by more significant risk than betting on other sports that are familiar to the average bookmaker.