Electronic sports, or eSports, have grown a lot in popularity over the years (In fact, there are more than 300 active professional electronic sports or eSports players in the country) and League of Legends (LoL) is at the top of the mountain in terms of competitive online gaming.
For LoL lovers, you are in luck: more and more betting sites offer you an exciting way to participate even more in your favorite video game and many others, as eSports betting houses offer other betting options such as Call of Duty, Dota 2 or CS:GO among others.
In this article, we will guide you through the basics of how to bet on LoL from the experts at miscasasdeapuestas.com, from choosing a betting house to managing your lol bets responsibly.
1. Choose a Reliable Betting House
The first thing you need to do is select a reliable online sportsbook that offers betting on eSports and, specifically, League of Legends matches. Some popular bookmakers that cover LoL include Betway, Bet365, Wanabet, and Unibet, among others (in Spain). According to betting experts, Betway is the best betting house for eSports, but you can check the complete list and opinions in the link. Make sure the bookmaker is properly regulated and has a good reputation in the betting community: always bet on a legal and licensed site in the country where you live.
2. Register at the Betting House
Once you have chosen a bookmaker that offers eSports and specifically LoL, you must register on their website. This process typically involves providing personal information, such as your name, email address, and, in some cases, verification of your identity. Until you have completed all the steps and the bookmaker can verify that you are of legal age and a resident, you will not be able to start betting. Make sure you provide verifiable information.
3. Deposit money into your account
With your account registered, the first thing you will need to do is deposit funds to start betting. Most bookmakers accept a variety of payment methods, such as credit cards, bank transfers and e-wallets. Many even accept Bizum currently, although few cryptocurrencies. Choose the method that is most convenient for you and make your first deposit.
If it is your first time betting on this modality, it is not necessary to deposit a lot of money, and in addition, you can establish a loss limit so as not to exceed the amount you can afford.
4. Research and analyze before betting
Before placing a bet, thoroughly research the teams and players that will participate in the game. Consider factors such as recent performance, game statistics, and any roster changes. Team lineups, strategies, and other factors may change before the start of a match. Stay on top of breaking news to make up-to-date betting decisions.
The more information you have, the better your betting decisions will be. Whenever possible, follow live broadcasts of League of Legends matches. This will allow you to have a clearer view of how the game is developing and make decisions in real time. In fact, you can also make live bets (but better wait until you are an expert)
5. Go to the eSports section and Explore the Betting Options
Once you have funds in your account, explore the betting options available for LoL matches. You will find this in the sports menu, within the eSports mode. There are not always leagues or games available, so don’t panic if you don’t see options at the moment.
When you find the game you want to bet on, research the betting markets. These can range from betting on the winner of the match, betting on the outcome of a map, betting on the total number of maps played or even more specific bets, such as the number of kills or the first team to destroy a tower. Carefully read the rules and odds associated with each type of bet.
If you don’t understand the fees or it’s your first time, we’ll explain it to you very quickly:
Decimal odds express the possible profit and probability of the event happening. The decimal odds refer to the amount you will win for each unit bet. For example: if the odds are 2.00, it means that if you bet 10 on that event and win, you will get 20 in total (your initial bet of 10 plus 10 profit).
6. Place your bet and good luck!
Once you are clear about what event you want to bet on, you only have to select the odds, the amount of money and confirm your bet. Keep in mind that in some cases, betting houses allow you to cash out, that is, withdraw your winnings before the game ends in case you think that luck will not be with you much longer. It is also a way to minimize your losses.
If you are successful in your bets, consider withdrawing your winnings regularly to avoid betting them again and losing them. As you gain experience you will learn from your mistakes and adjust your betting strategies.