What Leagues Can you bet on?
Currently, the biggest LoL tournament for professional teams and players is Worlds. Meanwhile the annual leagues, (Splits) are divided into two tournaments per year. The year starts with the so-called Spring Split, followed by the Summer Split. However, the highlight of the community is the annual World Championships.
The massive prize money shows the rapid growth of esports and especially League of Legends. In 2015, the professional players of SK Telecom T1 won $1,000,000 in prize money after being crowned champions at the 2015 LoL Worlds . In 2016, the amount was doubled to $2,000,000. It was again the professionals of SK Telecom T1 who won this tournament. The prize pools are one of the main reasons why betting on League of Legends is gaining such rapid popularity.
LEAGUE OF LEGENDS – WHAT ARE YOU BETTING ON?
Bookmakers are offering several markets for LoL at the moment. You can bet on the overall winner of the matches or even on individual games (usually formatted as Best of 3 matches). Other common League of Legends betting options include “First Blood” (the first death of a team), but you should rarely bet on those since you never know exactly what tactics a team is starting out with.
In addition to the already listed bet types here, there are alternative bets available for predicting group winners or the overall tournament winner for practically every big event. There are also betting markets on the number of kills and the number of towers fallen in a particular time. These are considered prop bets and can add some extra excitement to those of us interested in watching matches live.
League of Legends Betting Strategies
As with any team sport, watch out for the formation of the team: are the regular players on board or have they been replaced?
Since every player has to master a certain number of champions in order to join a professional team, you should take a close look at the so-called pick and ban phases of the game. Which player gets his favorite champion? Be sure to comprehensively study your favorite team before making your bet.
On the Twitch streaming platform, players from pro teams broadcast their games on regular basis; take a look at the current form of the player here and evaluate it to help make more informed bets on League of Legends matches.
Also on Twitch, the tournaments will be streamed live and you can watch it to get a sense of which type of bets & odds will give you the best chance of winning.
Pay attention to your budget, do not bet on everything in the group stage in a big tournament, because after this you have a close look at teams forms leaving plenty of time to adjust your predictions for the next stage of the competition.
Anyone who has stuck through to the end will now get an insider tip from us: big tournaments or the weekly LCS will be broadcast live on Twitch. Not only hobby streamers broadcast these games to professional teams, but the best analysts of esports are also sharing interesting information. These analysts evaluate teams before each match and give in depth analysis that can help you win real money betting on League of Legends. If you listen carefully, you can often get a valuable tip and derive your League of Legends predictions more accurately. Furthermore, it is much easier to implement a bet backed by expertise than to blindly wager on a game in hopes of ‘winning big’.
You Get a Better Insight Into the Game Through Self-Testing
League of Legends is playable in the basic version for free. The game can be found on the website developed by the manufacturer. So, if you would like to have an insight into the lives of the professionals, you should venture into the clutches of the summoners and compete against other players. This step is highly recommended because anyone who is basically interested in esports betting but feels overwhelmed by watching the mechanics and procedures, gets a better insight and can immediately understand the bets much better.
Is it Worth it to Bet on League of Legends?
League of Legends (LoL) bets are perfect for first time esports bettors. Other games like Dota 2, Starcraft or FIFA are also great options for those looking to get involved with esports betting for the first time. The strength of the game lies in the very basic objectives. Another advantage is that League of Legends is free to play as mentioned above. Playing the game regularly can help understanding it easy which can increase your ability to develop an understanding of the game and how it works.
How to Approach Betting on League of Legends
Below we list the best and most important strategies for optimal esports betting. Fortunately there are plenty of strategies and methods that have been proven in sports betting and can be used also for betting on League of Legends.
Strategy 1 – Collect information!
If you want to submit a betting tip in the field of esports, you should first keep yourself updated about the current situation of the leagues in order to have a proper understanding of teams and how they are currently playing. The form of the players is also enormously important in the professional gaming sector and is often underestimated! Just like traditional sports, esports players go through ups and downs. Knowing how effective a player is can play a huge role in forecasting which team will win a match.
Strategy 2 – Do Not Focus ON esports Betting ONLY!
Due to the fact that esports is still a very young sport, one should always keep an eye on the number of available prediction games. Do keep an eye on the odds to get maximum profits. If there are other sports that you follow closely and you think you see odds that aren’t a true reflection of the two teams – don’t be afraid to wager on that instead.
Strategy 3 – Beware of Handicap Betting!
As mentioned in point 1, the shape of the players plays a very important role. Compared to other sports, in esports, there are many more contributing factors to consider. So it’s harder to predict who will be the winner in a match. If you try to exceed the minimum quota requirement with a handicap bet, you will most likely not achieve the desired result.
Strategy 4 – Avoid Combination Bets!
Basically, you can also combine esports bets to a combination bet slip. However, this is used by many players to drive up the odds or the potential gain. Our conclusion, therefore: rather be patient and wait for better odds, than to try your luck with risky combination bets that offer massive payouts.
Strategy 5 – Bankroll Management
If you are familiar with esports, but not with the system of bookmakers, you should always take the opportunity to get used to the concept by betting small in the beginning. If you have not yet found a strategy to make a profit, you should better wait until you have a hang of it before blowing all your capital. If this is no longer the case, then you have the green light and can now make high profits with your esports education!