The key to successful gambling is carefully strategising where to place your bets. But with so many esports betting strategies out there, it’s difficult to know where to start. That’s where this guide comes in. Here are some of our best tips and snippets of betting advice to help you understand esports gambling and develop a League of Legends betting strategy that’s right for you.
Research, Research, Research
OK, so research may not be the most exciting thing in the world, but it’s essential if you want to place successful LoL bets. Knowledge is your friend, so set about checking out team results, game plays and the history of League of Legends tournaments so that you can make an informed decision when placing wagers. And don’t forget to watch as many tournament games as possible on YouTube and Twitch so that you can glean some knowledge of team’s playing strategies. They may be the difference between a team winning a tournament and getting knocked out in the qualifiers.
Checking the Odds
It goes without saying that higher odds are better for your bank balance than lower odds, so checking out a few esports betting sites before you place your bet is best to make sure that you get the most bang for your buck. With LoL betting the variance between odds is likely to be marginal, but even the slightest uptick can make all the difference when placing multiple bets. Be sure to check out odds comparison sites to see where the best deals are. You’ll be glad you did.
One of the less commonly used esports betting strategies is to place bets on smaller tournaments to begin with, instead of the larger events such as the World Championship. During larger events bookmakers are more likely to get insiders to advise on odds, and less so on the smaller tournaments. This means that if you’re lucky, you might be able to find some very favourable odds for a team in a smaller competition and nudge the house edge a little bit closer to you.
Accumulators are multiple bets placed with an overall outcome. For example, you might bet on Fnatic beating Cloud9, Phoenix1 beating FlyQuest and Team Dignitas beating Counter Logic Gaming. Unlike single match bets, if one of these game results doesn’t go your way, you lose the bet and your stake. Because of the increased risk involved, odds are much higher, but this also means that you can place small stakes on accumulators and win large sums of money. It’s common for £1 accumulators to return thousands of pounds, so these are a great way of winning big.
So that’s our betting strategies in a nutshell. Believe us when we say there are many more tips out there, and you’ll discover what works for you as you go along. But if you stick to our core few listed above we’re sure you’ll have lots of fun placing bets on your favourite League of Legends teams. And who knows, you might even make a little profit in the process.