Esports allow for betting on a variety of items. We mentioned real money betting above and how there are many different types of wagers that a bettor can place. But there is more to esports betting than just money. A bettor must choose their game or game type. They also have the option to bet on streamers and can place bets using various gaming items, including skins.
Fantasy betting isn’t just for sports. Esports has fantasy teams for people to bet on as well. This simple concept allows you to select a virtual team from a pool of real-life players. You then compete against other teams. Your team earns points based on the actual performance of the players you selected, and the points you earned are compared to another teams’ points to determine who wins.
Betting on streamers
Betting on streamers is similar to all other wagering. Bettors place their bets on the performance of a specific streamer. Bets vary from stream to stream and game to game, keeping people guessing as to what they can bet on for each stream. Some bets are as simple as guessing the winner of a match and others can be more complicated, involving betting on specific scenarios that may or may not occur in each match.
Betting on streamers is a fast-paced adventure that keeps bettors on their toes. Markets are available for short durations, so bettors must be willing to speed bet and check back frequently.
Item & skin eSports bets
With skin betting or item betting, players bet with things other than money. Players can use skins or items and bet them on the results of an esports match. Bettors place bets on third-party websites where they can buy, sell and trade skins. When the bettor deposits their items on the website, the site gives it a dollar amount. If a bettor wins, they get the item they deposited and another prize, but if they lose, they lose their item.
Skin betting is a form of gambling, but it is not regulated by the government.
Shooter games work much the same way as other esports games. Tournaments for Call of Duty, Halo, Counter-Strike and other games take place every year with bettors across the globe taking part. Shooter games tend to have a huge pot in their tournaments, and if a bettor knows the tactics of the game, they can come away a big winner.
As with all esports games, bets can be placed on the winner of a match, tournament, or different happenings in the game itself.