Betting on eSports with Bitcoin

esportsThere are two ways to enter the world of eSports, one is by playing and the other is by betting. To enter by playing you need a lot of gaming skills. You have to be a real good gamer to be successful in playing eSports and make a name for yourself. Plus, you need to have a good team made up of equally good players or better.

So, this makes betting a much easier option to enter the fascinating world of eSports. eSports betting is an emerging competitive market something that no one was able to perceive several years ago. The very concept was just a logical step in the gaming industry, but betting on it takes it to a whole another level.

With that, Bitcoin eSports betting emerged too. An increasing number of specialized Bitcoin betting sites emerge, even such that specialize only in eSports betting using bitcoins. The other Bitcoin betting sites offer other types of betting too.

Bet on eSports with Bitcoin at BitCasino

Is It Really Possible to Bet on eSports?

It is very possible and has been a hit for almost a year now or maybe more. You can actually wager both real money and bitcoins on eSports, or to be blunt, you can bet on people playing video games. The concept is genius and crazy at the same time.

Today’s sportsbooks offer eSports betting with standard currencies. However, more and more betting sites emerge where the main wagering currency is the Bitcoin. It’s convenient, and it doesn’t involve costs to set it up and offer it as a wagering currency. You can place wagers on:

  • Counter-Strike: Global Offensive
  • Dota 2
  • League of Legends
  • Starcraft 2

Other e-Sports video games are available for betting too depending on what is actual and popular at the moment.

A year ago bitcoins were only used at betting sites where casino games were available, but now even sports including eSports are encompassed. It’s certainly very refreshing to be able to use your bitcoins on eSports betting and not just casino or poker games. It’s a nice way to spice up your Bitcoin betting life.

What Types of Bets are Available at Bitcoin Betting Sites?

Depending on the betting site, the types of bets eSports vary. Some betting sites offer only the standard bets like match winner, while some offer a little more. For example, somewhere you will be able to make handicap bets, money line bets or even over/under bets.

The handicap bets are just like in other sports like football etc. You get to bet on the match winner with a certain handicap, for example, you can bet that the Elite Wolves will defeat paiN Gaming in Dota 2 with a handicap of -0.5. There are also some more exotic bets that you can make depending on the game.

In League of Legends you make Team to Destroy the First Tower bets, Total Dragons Slain Over/Under bets, First Team to Get 10 Kills bets, Team to Draw First Blood bets etc. In Dota 2 you can make Match Winner 2-Way bets, Match Handicap bets, and Total Maps Over/Under bets among the many.

In Counter-Strike: Global Offensive and Starcraft II you can make the same bets more or less. What’s more interesting you can even make correct score bets which means guessing the correct score for a particular map on a particular type of game from the aforementioned ones.

The Benefits of Using Bitcoin for eSports Betting

eSports betting sites that offer Bitcoin as a betting currency are even more convenient that standard betting sites. Of course, there are hybrid betting sites where both Bitcoin and standard currencies are offered, but a fully devoted betting site to bitcoins wagers is where you get the benefits of the Bitcoin.

Those benefits are complete anonymity and free transactions no matter if gambling is illegal in your country of residence. eSports Bitcoin betting sites don’t require for you to register in the convenient way. They only need for you to choose a username and password, and that’s it.

No name, no house address, no country of residence, no payment details, no telephone number is needed to start betting on eSports. The only information you need to provide is your Bitcoin wallet address, naturally so that the betting site can draw and sent bitcoins to.