The Olympics is coming to an end. That means it’s time for another major sporting event: the 2018 Esports World Cup. There are many things you can expect from this tournament and there are also many ways you can leverage it to increase your profits in the betting niche.
Even if esports is not yet a widely accepted sport, and even if most of us still don’t fully understand how a particular game works, there are some clear advantages of betting on esports events, such as increased liquidity and wider availability of markets.
The latter means that you’ll have a greater variety of possible esports bet, which will make it easier for you to find options that offer the best return on investment (ROI).
What Is Esports?
Esports is a term used to describe competitive computer and video games. As the world’s population becomes more and more connected, the demand for competitive computer games is also growing rapidly.
While watching people play video games is already an amazing experience, esports bet tournaments make it even more exciting.
There are lots of types of esports in Olympics, but the most popular ones are competitive online games like League of Legends, Overwatch, Counter-Strike: Global Offensive, and Dota 2.
There are also sports games like FIFA and Madden, which are played competitively. Many other esports games are growing in popularity too, like Heroes of the Storm and Super Smash Brothers.
Why Is Betting On Esports Important?
Most people only try esports bet on sports because it’s simply the most popular way to make money with a sportsbook. Other than that, there’s not much reason to bet on sports. But there are several important reasons why betting on esports is so important.
For one, esports in Olympics is currently growing at a very fast pace. This means that betting on it is likely to become even more significant in the future. You can already find esports betting via online bookmakers, but it’s a new market with relatively low liquidity.
Once the Olympics is over, betting on esports will become even more popular, as will its profitability.
Be Aware Of Liquidity And Odds
There are many things you should keep in mind when betting on esports in Olympics. The first is the liquidity of the markets you’re betting on. This is the amount of money that’s trading hands in that market at any given time.
The less liquidity a market has, the harder it will be for you to find action. If a market is highly liquid, more people are betting on it, and this increases the chance of finding action at low prices. It’s also important to note that some markets are less liquid than others.
The least liquid markets are usually those where the odds are the most skewed toward the favorite.
Find The Best Bookmaker
There is no best place for you to bet on esports in Olympics. Instead, you’ll want to find the best bookmaker that offers to try esports bet events. To choose the right bookmaker, you’ll want to make sure that they’re licensed and licensed to offer to bet on esports in Olympics.
You’ll also want to make sure that they’re licensed to handle your country’s money transmission laws. Once you’ve found the best bookmaker for esports, you’ll want to make sure that they’re licensed to offer to bet on all of the games that you want to bet on.
It’s also a good idea to make sure that they’re licensed to offer the type of odds that you want to bet on.