Can Betting on eSports be More Profitable than Playing at Online Casinos?

Can Betting on eSports be More Profitable than Playing at Online Casinos?

Many bettors who resort to virtual forms of gambling often wonder which activity can bring them the best profit. While online casinos are extremely popular, there are also quite a few fans of online poker, sports betting, Daily Fantasy sports, and eSports betting. 

One of the reasons why eSports betting has become so popular is that many believe that this type of wagering provides better chances for profitable outcomes. When you compare traditional casino games with eSports betting, you can see that the former relies mainly on luck, while the latter is often dependent on the skills of punters. As this report about the sports betting industry shows, eSports have become extremely popular in the last few years, with many punters resorting to this type of online betting. If you are interested in eSports betting and you want to know whether this endeavor can be more profitable than betting at online casinos, you can continue reading this article. We will draw a comparison between the two forms of virtual betting and will help you determine whether eSports can be a successful betting venture. 


Comparing Online Casino Games and eSports Betting

Classic casino games like slots, roulette, blackjack, and baccarat have one thing in common. The outcome of these games always depends on luck. While there are some types of strategies that can be used with certain casino games, it is still very much true that the final outcome will depend on the player’s luck. Keeping in mind that there is not much you can do to affect the result of a traditional casino game, it is easy to see how playing such variations online may not always be profitable. Even if it is, it is mainly due to the fact that you got extremely lucky. 

When bettors are looking for options that guarantee better outcomes, luck is the last thing they would like to rely on. This is why games that involve some type of skills are often preferred by bettors who are seeking profitable betting options. 

Like poker, sports betting, and Daily Fantasy sports, betting on eSports gives one the chance to win with their skills. Since bettors will not face a house edge, all they need to do is find the outcomes with the best value and bet on them. This being said, it should be noted that this does not mean bettors are guaranteed to win every wager they place on eSports. Having no house edge, however, gives punters the chance to enjoy fruitful outcomes in the long run. Luckily, numerous online sportsbooks offer eSports betting options, with GG.BET being one of the betting site you can join to enjoy a wonderful experience.In eSports betting, you are not competing directly against other punters but you do win if other bettors make the wrong choice. Since there is no house edge, the way bookmakers earn their profit is by collecting a certain amount of vigorish on everyone’s wagers.Sportsbooks guarantee their profit on eSports by ensuring the same amount of action on both sides of a line. Whenever one side is having too much action, the bookmaker will shift the line. Bettors’ goal is to find the side with better value and place their bets before the line is shifted. 
Pie & Bovril

How to Make your eSports Betting More Profitable

A successful eSports betting requires other skills in addition to being able to find the options with the best value. Paying attention to several key factors will help you make your eSports wagers a lot more fruitful. Unlike online casino games, eSports do offer a better chance for fruitful outcomes in the long run. That is, however, if you combine the right skills to help you make successful bets.

Managing your bankroll is one of the most important skills for fruitful eSports betting. The main key is to spread equally your bets across several options. Putting all of your eggs in one basket is way too risky, especially if you are on a losing streak. This is why you are advised to make reasonable bets on multiple options. 

You will benefit the most if you concentrate on fewer games. Despite having plenty of options to choose from, it is hard to keep up with multiple bets across different games. Being able to follow the events of one or two games is easier and will give you better chances for successful eSports bets. 

With time, it is important to develop your handicapping skills to be able to find the side of the line with the best value. This process includes evaluating the opponent, checking the condition of key players, following travel schedules, and many other factors that may suggest that a certain team is undervalued. 

Lastly, you might want to pay attention to eSports news as they can often help you find the options with the best value. Often bookmakers will shift a line after major news is published, giving one side of the line bigger leverage. Keeping up with the latest updates will allow you to place the right bet before the sportsbook shifts the line. When this skill is combined with the aforementioned steps, you can definitely have a very successful eSports betting experience.