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How To Bet On Esports In The US: Expert Wisdom

How To Bet On Esports In The US: Expert Wisdom

Esports is becoming popular at breakneck speed in the US. It is now more convenient for people to take part in and watch esports events because high-speed internet has become more easily accessible, and gaming technology has improved.

But, if you are new to this, how to bet on esports in the us? Firstly, one should identify a reputable sportsbook that offers odds on E-sporting events before placing bets thereon. After you have chosen a bookmaker you trust, open an account and fund it. Then, you can place your bets easily. 

Although the process may sound straightforward, it’s not as easy. You need to know some other things; read on to know! 

Is Esports Betting In The USA Legal? 

Of all the U.S. ‘s 52 states, only 16 have legalized eSports betting. Those states are:

  • Arizona 
  • Arkansas 
  • Colorado 
  • Connecticut 
  • Iowa 
  • Kentucky 
  • Louisiana 
  • Maryland
  • Massachusetts
  • Nebraska
  • Nevada
  • New Jersey
  • Ohio
  • Tennessee
  • Virginia
  • Washington

Four states have laws to either prohibit betting or have not included eSports as one of the “sports” in betting. 

These four states are California, Oregon, Montana, and Indiana. Some states have federal laws and just unclear decisions that regulate eSports betting.  

These rules and regulations make eSports betting for the US more complex and unique than other countries, which can do it without worry. 

However, as the world is shifting to the online world, many people gravitate towards eSports and are willing to bet on it. Even though many states have yet to come forward in accepting the new sports genre, the USA may slowly freely bet on these sports. 

How To Prepare Before Betting On Esports Usa?

If you want to try sports betting for the first time,  here are the steps to follow: 

  1. Conduct Research 

Before you start any betting, it’s essential to research thoroughly. Having all the necessary information is crucial to make a correct esports bet. 

Researching the esports game, teams, and events beforehand can help you make informed decisions. 

You can find information on them on their official websites and by looking up esports betting influencers. You can also look up YouTube videos and watch Twitch streams as well. 

  1. Join A SportsBook 

If you want to save time from researching, join a sportsbook. Sportsbooks act as a guide for you in eSports betting. It will contain information about significant sports events, tournaments, and player insights.

It will also help you get a headstart before a match day and plan out bets depending on the line-up. You can purchase physical copies or get yourself an online version, too.

  1. Learn The Available Betting Options

The next thing that you should research is the betting options you have. There are various kinds of eSports betting, and finding the right one is essential for your progress. The betting types heavily depend on the niche of the game so it will vary. 

Look into what kinds of bets people use for their game and take notes. Furthermore, familiarize yourself with spread betting, totals, and more. Check out the live section for esports and practice bets. 

  1. Set a Budget

A budget lets you gamble smart and dodge money troubles. Your esports betting cash should come from funds you can lose without worry. Start small to practice until you get the hang of it.

You can set your budget for a specific time or event. Figure out bet sizes based on the odds and your risk level each time. 

Budgets help keep things fun and safe. Use money you don’t need for other stuff. Think of early bets as training wheels – start small and learn as you go.

Pick a timeframe or tournament for your budget. Do the math on bet sizes using the odds and how much you’re willing to risk. It’s wise to keep a lot in reserve for the big final matches.

Most Common Types Of Esports Bets To Bet On 

There are many types of bets available for this type of betting style. Let’s learn about some of them below. 

Outrights

Outrights are the simplest and most common type of bets in the esports world. When you start betting, outright bets are the first to pop up. 

Outright bets are simply bets taken on an overall winner or tournament. In simple words, if you bet a specific player will win, you will win the bet. 

Moneyline

When it comes to outright, the term moneyline is used frequently. The money line bet is the mainstay of the US esports betting market. The odds are displayed as a + or—value, indicating the team playing type. Are the Underdogs leading or the favorites? 

The money line also displayed the predicted payout if you win the bet. For example, if you see a +100 money line, it means you have won $100. 

Prop Bets

Prop bets or proposition bets are unrelated to the game’s outcome. They are bets on a different scenario or, in this case, game props. 

The bets can be about who will take the first kill, destroy the tower, or which player will earn the most points. 

Prop bets are highly flexible and easy to take as they allow the betters to focus on individual performances and not stress about winning the whole game. No wonder it’s such a popular choice; it creates excitement for fellow bettors!

Match Winner Bets

Match-winner bets are the simplest type of esports bet and can be used for various games, from Fortnite to CSGO.

They can be made before the event begins and are the most common type of bet. However, knowing which odds can yield the most profitable result requires expertise. It takes plenty of practice. 

Match winner odds change quickly as a game progresses, so it’s essential to keep an eye on whether betting odds change. Match-winner bets are one of the basics, but they are unpredictable and require many factors to be considered, like player lineup and conditions. 

Live Betting

As the name suggests, live betting is bets you can take live. You can place your bets while the match is in progress. This type of betting is spontaneous and gives the bettors an adrenaline rush. It is also one of the most stressful but exciting bet types. 

Live betting allows you to make quick decisions and will enable you to change up the bets depending on the match outcome. It also requires quick instincts and the ability to adjust to new changes. In bets like this, you must watch the match like a hawk because anything happens at a time. 

Handicap Betting

Handicap bets are executed by giving a specific team an advantage or disadvantage to level the playing field. These bets are best for matches that seem scripted or have a clear favorite. 

For example, if there is a best of 3 matches, a handicap bet may be giving the under-appreciated team a +2 map advantage, so they only need one round to win for the bet to succeed. This betting type can provide better odds and change the outcome of the games.  

Over/Under Bets

Over/Under bets are taken based on match statistics. Betting on a particular statistic is impossible, so bettors use the over/under strategy. You can see this bet type in total maps played, kills taken, laps ran, or points scored. 

The idea of this bet is simple: you have to bet whether you will go over or under a specific attribute. For example, you can bet the team will get a kill higher than 17. These types of bets are perfect for those who need more confidence in predicting match outcomes and want to focus on individual performances and skills. 

How To Bet On Esports Online In The USA?

Now that you know all the essentials, it’s time to dive into the real deal: betting! Let’s see how you can do so: 

Choose An Esports Betting Site.

The first step to betting in eSports is choosing a site to bet on. An ideal website should cover most of the eSports events and tournaments. It should also have open access to several eSports markets and competitive odds. 

Pick a betting site that allows you to place different kinds of bets, especially live ones. It should also have the feature of live-streaming and cash-out systems as well. 

Finally, ensure the site has an easy interface and doesn’t complicate the process too much. If you follow these guidelines, you’ll always have fun betting. 

Create Your Betting Account

Now that you have picked a betting platform, it’s time to create one to start betting. To do so, get your preferred sportsbook and complete the registration form. 

After you do that, you will be successful in creating an account. Next, you will be sent an email containing a link to give you access to your bookie’s lobby or the sportsbook account. 

Bonus tip: Have a safe password and keep the account secure, as esports betting can lure in hackers who can hamper your progress. 

Choose A Payment Method And Make A Deposit

Congrats! You’re in your new betting account. It’s time to pick your preferred payment method. Without this, betting is nearly impossible! (unless you have bonuses). You can choose any payment method, but some standard options are below. 

  • Mastercard
  • Neteller
  • Venmo
  • CashApp
  • Bank Transfer
  • Crypto
  • PayPal
  • VISA
  • Skrill

After you pick your method, deposit some funds into that account. Depending on your chosen site, they will give you a minimum deposit amount to start. 

Explore The Market

Now that you’re all set up, explore the market. It’s a bonus tip before you make your first bet. Look at all the odds, betting types, teams, and strategies that are appealing to you and save them. 

It is an excellent practice to keep exploring options to ensure every bet you place is adequately planned and strategized. It helps increase the success rate.

Proceed With The Bets

Phew! You’re now prepared to go ahead and make your first bet. Start small and place your bet after considering all the research and background checks you did. 

Once you submit your bet, sit back and be patient. You must wait to determine whether you won the match or the specific bet. 

Esports Betting Tips: 6 Tips To Ace The Bets 

Before we wrap up, there’s no end to learning; in esports betting, tracking all the moves being made is essential. And if you want to be better at it, here are six tips to keep in mind:

Research Esports Teams On Reddit And  Gaming Community

The rise of esports started from the era of video games. And what better place to take inspiration than the gaming community itself? Reddit is the hub of all sorts of information, and the esports community is one of them.

Save time and resources by going into Reddit or gaming forums and seeing what people say about eSports betting. Unlike Google or other search engines, those have access to the latest gossip and information faster than any other.

You can also interact with fellow betters and learn what betting styles or strategies worked for them. Lastly, you can prepare yourself for all sorts of outcomes you can get in your bets and learn from the profits and losses. 

Watch eSports Streamers

Watching eSports streamers helps you pick out the game’s top players you can use to bet on. You can be familiar with their play style and craft the bet around it. It can help you gain knowledge on the strategies they use. You can find those streamers on YouTube, Twitch, and often on Twitter.

Study The Odds

When you’re betting, the one thing it depends on is the odds. So, it is crucial to understand how it works in eSports betting. 

People with experience can make better bets because they know the odds will go on just how they want it to be. However, newbies may struggle with it. 

Several betting websites offer an odd calculator, which can help make your bets as accurate as possible. However, it all comes down to practice and patience. Take all the wins and losses into consideration and be patient. 

Study The Lineups And Teams

Before placing any bet, take the extra step to see the matchday lineup and who they’re against. It is no surprise that it will keep changing every game. 

Players can be injured before a match or be against a team they’re weak with. Head to these games’ forums and official websites for more lineup information. 

Look over opponent teams’ history and their statistics of playing against your betting team. This will also help you see any changes or updates to the game beforehand.

Consider Recent Teams’ Form

Instead of dwelling on emotions and past data to influence your bet, trust data. Sometimes, emotions get in the way due to the favorite team playing, but it is essential to make logical decisions when money is involved. 

Moreover, don’t pick sides just because you like them or they’ve won before. Check how eSports teams are doing now before you put money on them. 

Remember, situations change for the players, and depending on them, how they play will rely on them. So, keep updating yourself on the team’s form, who is playing, and what issues they might have. 

Make Statistics Your Best Friend

Statistics are vital for your betting success. They are data showing the player’s and game history, mistakes, and steps to succeed. The data from past games show how a team plays if you have not seen them. Here’s how stats can shape your eSports bets:

For over/under bets on total points in a match, an intelligent move is to refer to each team’s average points from before. Compare this sum to what the sportsbooks say. Use these numbers as a guide, but mix in everything else you know about the game to make a winning bet. 

Frequently Asked Questions (FAQs)

How do I join esports USA?

To become a part of the esports teams in the USA, reach out to players from different online communities such as forum sites, Discord servers, subreddits for Reddit, and social media groups. Decorate your profile with like-minded gamers by seeking advice and showing off your gaming prowess to get opportunities to get into teams.

Does Bet365 work in USA?

Bet365 is available for use in the United States by persons who have attained 21 years old, except in Kentucky, where it is limited to people aged 18.  

How do I get an online gambling license in USA?

To get a license for online gambling in the country, you will need to select the right jurisdiction, draft a business plan, collect all necessary documents, make payment of fees, submit an application for a permit, and then wait for its review. You will be able to utilize it as soon as it gets approved.

Where is esports most popular in the US?

California holds the top position regarding the popularity of Esports, as evidenced by the $21.5M won by players there, which accounts for 17% of the $126.2M total money given away among the top 500 players up until September 2022.

Bottom Line 

Esports accessibility, professional prospects, and strong community participation are the main drivers of its prosperity in the USA, where it is thriving. But before you act on how to bet on esports in the US, you need to keep our tips in mind. Make sure that you have a solid plan ready before you start! 

FREQUENTLY ASKED QUESTIONS

The Betting Stage® is our program that helps players build better skills, discipline, and habits as they are evaluated for sports bet funding. Achieve the objectives in the Betting Stage® to earn the Player Funded Account™.

The following is an overview of the full journey traders can expect with Sports Bet Funding:

The Betting Stage®

Objectives:

Reach and maintain the profit target (30% Phase 1, 25% Phase 2)

Place a minimum of 20 bets

Bet a minimum of 20 days

Rules:

Do not allow your Account Balance to hit or exceed the Maximum Loss Limit

Do not lose more than or equal to 15% of your initial balance in a day.

Do not lose more than or equal to 30% of your initial balance at any point in the challenge.

Player Funded Account™

Objectives:

Reach and maintain the profit target of 25%

Rules:

Do not lose more than or equal to 10% of your initial balance in a day.

Do not lose more than or equal to 20% of your initial balance at any point in the challenge.

As you probably know, becoming a successful sports bettor who consistently takes profits from his bets is no small task. Losing $1,000+ when placing bets is a real thing that happens to players every day. Our mission is to provide a safe experience so that players can professionalize their passion while also limiting your personal risk.

Once you pass both phases, you are guaranteed a Player Funded Account™ with us.

After you earn a Player Funded Account™, we recommend you focus on minimizing your risk and building up your account balance through strategies learned in The Betting Stage®.

Once you have built up your account, we recommend that you start paying yourself and balance payouts while continuing to grow your account. This way, you will be prepared should you experience an unexpected drawdown.

If you are thinking about how to leverage the Betting Stage® and have more questions about membership or the path to earning a Funded Betting account, we encourage you to chat with a Sport Bet Funding Specialist who can help answer any questions you have about the programs.

You can also reach the Player Support Team here.

To learn more about Sports Bet Funding®, check out our Help Center or join Discord.

  1. Choose The Betting Stage® of your choice, i.e. $2.5K Rookie ($250 max wager), $5K Tipster ($500 max wager), $10K Punter ($1,000 max wager), $25K Wagerer ($2,500 max wager), $50K Player ($5,000 max wager), or $100K High Roller ($10,000 max wager).

    1. Click “Buy Now” (Make sure you sign up with your full name exactly as it reads on your government issued identification; do not use a fake name or a nickname; if you qualify for a Player Funded Account™, you must submit government issued identification)

  2. Follow the steps to purchase the The Betting Stage® account and create an account with Sports Bet Funding.

  3. Once payment is complete, your account will be created. Please allow up to 2 hours to receive an email containing your credentials (if account is purchased after 5:00PM ET, please allow until next calendar day @ 11:00AM ET).

  4. A video tutorial is available here

Follow the rules of the betting programs and you will succeed. Break the rules and the account will be terminated.

The Betting Stage®:

  • Minimum days betting: 20
  • Minimum bets per phase: 20 bets
  • Only Straight Bets and Parlays are allowed.

Parlay Rules:

  • Max Teams: 2
  • Max Odds: +300
  • Minium Bet Wager: 5% of initial balance.
  • Maximum Bet Wager: 10% of initial balance.
  • Maximum Daily Loss: Cannot be greater than or equal to 15% of initial balance.
  • Maximum Overall Loss: Cannot be greater than or equal to 30% of initial balance.
  • Profit Target To Complete Phase 1: 30% of initial balance (must meet minimum day and bet requirements).
  • Profit Target To Complete Phase 2: 25% of initial balance (must meet minimum day and bet requirements).

The Player Funded Account:

  • Minimum days betting per 30 days: 20
  • Minimum bets per 30 days: 20 bets
  • Only Straight Bets and Parlays are allowed.

Parlay Rules:

  • Max Teams: 2
  • Max Odds: +300
  • Minium Bet Wager: 5% of initial balance.
  • Maximum Bet Wager: 10% of initial balance.
  • Maximum Daily Loss: Cannot be greater than or equal to 10% of initial balance.
  • Maximum Overall Loss: Cannot be greater than or equal to 20% of initial balance

Once you qualify for a Player Funded Account™, there are two options available.

The monthly subscription is $85 per month per Player Funded Account™

The one-time fee is $250 per Player Funded Account™

Betting frequency must be carefully considered when deciding between the monthly subscription and the one-time fee. Deliberately placing minimal bets only to count as a betting day or keep a near-depleted account active, is not permissible.

Meet your Profit Target while Managing Risk (do not let your account meet either of the max losses).

Bet for a minimum of 20 days.

Please note, There is no maximum limit. All 20 days of betting must occur on the same account number that met the target. Multiple account numbers can not be combined, i.e. 10 days with one and 5 days with other.

What happens if I reach my goal in 3 days? Do I have to keep placing bets? (Yes)

If I reset my Betting Stage® account, do previous betting days count? (No)

If I reset my Betting Stage® account, does my previous betting balance count? (No)

What is considered a betting day? When does the clock start ticking on my new account? Days are calendar days – clock ticks the day credentials are emailed out (if received PRIOR to 5:00PM ET)

 

Consistency Guideline

Potentially hitting a profit target in a short span, could be luck. A day later, one could be unlucky. We want players to learn the ability to manage risk, stick to a betting plan, demonstrate their strategy and measure of consistency. Betting conditions change. You do not need to bet every day. Be wise, selective and patient. Betting Stage® accounts with monthly subscription fees connected to them remain active until you cancel.

I hit my goal early, how should I bet my remaining days?

Sports Bet Funding has made our case for needing to see you demonstrate your skill and bet on 20 individual days. However, we understand the wisdom of risk management if you have reached the required target. It’s acceptable to lower your bet size. This allows you to continue to take your normal bets which demonstrates your usual betting plan and strategy on the remaining days.

Players are permitted to purchase and operate more than one Betting Stage® account at the same time, as long as they are all associated with the same email address. Likewise, players are permitted to operate more than one Player Funded Account™ simultaneously. Multiple Player Funded Account™ will not be combined into one larger account and each require their own small monthly fee of $85 per month or one-time fee of $250 regardless of the size of the account.

WARNING *If a player is discovered to have registered more than one membership and operate more than one email address, that account is subject to termination.

SBF has set a defined limit of three (3) Player Funded Account™ that can be operated concurrently.

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