Your Complete Esports Betting Handbook: Tips, Strategies, and More

Your Complete Esports Betting Handbook: Tips, Strategies, and More

Esports, commonly known as “electronic sports,” is a form of competitive gaming where professional players and teams compete against each other in video games. This phenomenon has become increasingly popular in recent years, not just in the Philippines but all over the world. Filipino esports players and teams have gained recognition in international tournaments, such as The International in Dota 2 and the League of Legends World Championship. The Filipino esports community is growing, with many players and fans passionate about various games, including Mobile Legends, Dota 2, and League of Legends.

Contents

What is Esports Betting?

Esports betting is a form of online wagering on competitive video gaming events. It has increased in popularity in recent years, not just internationally but significantly in the Philippines. Many online sportsbooks now offer esports betting markets, allowing Filipino players to bet on their favorite games, such as Dota 2, League of Legends, and Mobile Legends. Esports betting in the Philippines is regulated by Philippine Amusement and Gaming Corporation (PAGCOR), which licenses and oversees local and international online sportsbooks that offer esports betting. With the growing popularity of esports, many Filipino players are turning to esports betting to enhance their viewing experience and win money. However, it is necessary to practice responsible gambling and only bet what one can afford to lose.

Different Types of Esports Betting

There are several different types of betting available in esports, including:

Moneyline or match winner

Moneyline or match winner

This is the most straightforward form of esports betting, where players bet on the outcome of a match, choosing the team or player they believe will win.

betting

Handicap or spread betting

In this type of betting, the underdog team or player is given a point advantage to level the playing field. This indicates that the favorite must win by a certain margin for a bet on them to pay out.

game-over

Over/Under

Also known as total betting, this type involves predicting the total score or number of maps played in a match. Players can bet on whether the total will be over or under a specific number set by the sportsbook.

Moneyline or match winner

Futures Betting

In this type of betting, players place a bet on the result of a tournament or league in advance. For example, a player might bet on which team will win the League of Legends World Championship.

In-play or live betting

Live Betting

This type allows players to place bets on a match while it is in progress. Odds and markets are updated in real-time to reflect the game's current state.

It’s important to note that not all sportsbooks offer every type of bet for every esports game. Before placing a bet, it’s essential to understand the available betting options and how they work.

Understanding Esports Betting Odds and Making Smart Bets

The process for reading odds in esports betting is the same in the Philippines as in any other country. The odds formats that are most commonly used in the Philippines are decimal and fractional odds.

Here are the steps to read odds in esports betting in the Philippines:

Understanding Esports Betting Odds and Making Smart Bets ​

Identify the Odds Format

The first step is determining the type of odds format the sportsbook uses. Most online sportsbooks in the Philippines use decimal odds, while some may also offer fractional odds.

Decimal Odds

Decimal odds represent the total payout that a player would receive on a winning bet, including their initial stake. For example, if a player bets PHP 1,000 on a team with odds of 2.5, they would receive PHP 2,500 if the bet is successful (i.e., PHP 1,000 x 2.5 = PHP 2,500).

Fractional Odds

Fractional odds show the potential profit a player can win on a successful bet relative to their initial stake. For example, if a player bets PHP 1,000 on a team with fractional odds of 3/1, they would receive a profit of PHP 3,000 if the bet is successful (i.e., PHP 1,000 x 3/1 = PHP 3,000).

It’s important to note that not all online sportsbooks offer every odds format for every esports game. Before placing a bet, it’s essential to understand the available odds formats and how they work. This allows players to make informed decisions and choose the best bets based on risk tolerance and potential rewards.

Popular Esports Games to Bet On the Philippines

Esports has grown in popularity in the Philippines, and as a result, there are several popular esports games that players can bet on. Here are some of the most widespread esports games to bet on in the Philippines:

dota 2

Dota 2

One of the most popular forms of competitive video gaming in the Philippines is the multiplayer online battle arena (MOBA) game known as Dota 2. The game has a dedicated following in the country, with frequent local tournaments and competitions.

league of legends

League of Legends

 League of Legends is another popular MOBA game with a significant player base in the Philippines. Bettors interested in esports often choose this game because of its reputation for high activity levels and competition during games.

mobile legends

Mobile Legends: Bang Bang

Mobile Legends: Bang Bang is a mobile MOBA game that has become a hit in the Philippines. The game has a growing player base in the country, with many local and international tournaments.

csgo

CS:GO

Counter-Strike: Global Offensive (CS:GO) is a first-person shooter game popular in the Philippines. The game has a dedicated following, and many players enjoy betting on professional matches.

overwatch

Overwatch

Overwatch is a team-based first-person shooter game that is gaining popularity in the Philippines. The game has a growing player base, and many local and international tournaments occur regularly.

To mention a few, these are some of the most well-liked esports competitions that can be wagered on in the Philippines. As the esports business continues its rapid expansion, additional games may emerge as popular betting alternatives within the industry.

Choosing the Best Esports Betting Site in the Philippines: A Guide to Finding the Right Platform for Your Needs

Choosing the best esports betting site in the Philippines can be daunting, especially for those new to online sports betting. The following are some guidelines that can assist you in finding the most suitable platform for your requirements:

Reputation
Reputation and Licensing

Choose a licensed and reputable esports betting site that operates legally in the Philippines. Look for a platform regulated by respected authorities with a history of positive customer reviews.

Competitive Odds
Competitive Odds

Choose a site with odds comparable to those offered by other places and a solid return on your investment. This will assist you in maximizing your earnings and ensuring that you are receiving the highest return on your investment possible.

Regulations and licensing
Payment Options

Choose a site that offers a variety of payment options that are safe, secure, and convenient. This will help you deposit and withdraw funds easily and quickly, ensuring you always have access to your winnings.

Range of Esports Markets
Range of Esports Markets

Search for a service that provides a variety of esports betting markets and games, including Dota 2, League of Legends, CS:GO, and others.

user experience
User experience

Look for a site that offers a user-friendly interface, fast loading times, and responsive customer support. This will ensure a smooth and hassle-free experience when placing your bets.

By following these tips, you can find the best esports betting site in the Philippines that meets your needs and offers a safe, secure, and enjoyable betting experience.

How to Bet on Esports: A Step-by-Step Tutorial

Betting on esports is similar to traditional sports betting, but there are some unique aspects to consider. How to wager on electronic sports is outlined here.

choose a game

01. Choose a Game

Choose an esports game you are familiar with and enjoy watching. Some popular esports games include Dota 2, League of Legends, CS:GO, and Overwatch.

selecting a site

02. Select a Betting Site

Choose a licensed and reputable esports betting site that offers markets for your chosen game. Ensure the site is regulated by reputable authorities, offers competitive odds, and provides a smooth user experience.

understanding the odds

03. Understand the Odds

Learn how to read the odds, which show how much you can win based on your bet. Odds are typically displayed in decimal or fractional form, and lower odds indicate a higher likelihood of winning.

place a bet

04. Place Your Bet

Choose the market you want to bet on, such as a match winner or the number of kills. Place your bet by entering the amount you want to wager.

set a budget

05. Manage Your Bankroll

Manage your bankroll by setting a budget and sticking to it. Don't ever "chase" your losses by placing further risky bets, and never gamble more than you can afford to lose.

watch the game

06. Watch the Game

Follow the game to see how your bet performs. Esports events are typically streamed online, making it easy to watch the game live and track your bet in real time.

Collect Your Winnings

07. Collect Your Winnings

If your wager is a winner, the money will be deposited into your account. You can then withdraw your funds using the payment method of your choice.

By following these steps, you can bet on esports confidently and increase your chances of success. Remember always to gamble responsibly and have fun!

Esports Betting Tips and Strategies

The following are some betting techniques and tips that might help you boost your chances of winning while participating in esports:

Do Your Research

Research is key to making informed bets. Keep track of player and team performances, past results, and any meta or gameplay changes that may affect a match’s outcome.

Bankroll Management

Proper bankroll management is crucial to success in esports betting. Set a budget, stick to it, and avoid chasing losses by betting more than you can afford.

Specialize in a Few Games

By specializing in a select few games, you may improve your chances of winning by becoming an expert in those games, enabling you to place more educated bets and bring in more money.

Use Multiple Betting Sites

Multiple betting sites allow you to compare odds and find the best bet value. It also provides access to a broader range of markets and games.

Understand the Odds

Understanding the odds is crucial to making informed bets. Look for value in the odds and compare them across multiple betting sites to find the best possible returns.

Keep Emotions in Check

Emotions can cloud judgment and lead to poor betting decisions. Stick to your research and avoid betting based on personal biases or emotions.

Look for Live Betting Opportunities

Live betting can provide opportunities to take advantage of in-game changes and momentum swings. Keep an eye on the game and look for opportunities to place live bets.

If you like to increase your odds of coming out on top in esports betting, follow these methods and pointers. Always wager with good judgment and never more money than you can afford to lose.

Summary

The future of esports betting looks bright. Esports is a rapidly growing industry, and as more people become interested in watching and playing video games, the demand for esports betting will likely continue to increase. With the rise of online betting platforms, it has become easier to bet on esports from anywhere in the world.

As the industry continues to grow, we expect to see more traditional sportsbooks and online betting platforms adding esports to their offerings. We may also see more specialized esports betting platforms emerge, catering specifically to esports fans and providing a more comprehensive range of markets and games to bet on.

It is essential to always bet responsibly and to never risk more money than you can afford to lose at any one time. It will be fascinating to watch as the industry continues to expand and mature to see how rules and responsible betting practices emerge to safeguard customers and maintain the long-term viability of esports betting.

Questions & Answers

FAQ

Bets on esports may be placed without issue in the Philippines. Philippine Amusement and Gaming Corporation (PAGCOR) is in charge of regulating and issuing licenses for land-based betting businesses as well as internet sportsbooks.

You can bet on various esports in the Philippines, including popular games such as Dota 2, League of Legends, and CS:GO, as well as other games like FIFA and NBA2K.

The most popular esports to bet on in the Philippines include Dota 2, League of Legends, and CS:GO.

When looking for an esports betting platform in the Philippines, it is important to research and choose a reputable platform with a good reputation. Look for platforms licensed and regulated by PAGCOR that use secure payment methods to protect your personal and financial information.

 The best esports betting strategies to succeed in the Philippines include researching the teams and players, specializing in a few games, and managing your bankroll to avoid overbetting or chasing losses. Being disciplined and not letting emotions affect your betting decisions is also important.

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