A Beginner’s Guide to Betting on League of Legends

Image source: Flickr – downloadsource. fr

Did you know that you could make money by betting on League of Legends? This multiplayer fantasy game of Riot Games has been among the top ranking multiplayer battle arena games since its genesis in 2009.  It has become so popular that it is now considered a type of sports. Well, eSports…

The best online sportsbooks in Germany, have already started offering bets on this popular video game. It means that you can bet on this fun-filled game; it is a way of making money and enjoying simultaneously. Here is our Beginner’s Guide to Betting on League of Legends in order to answer your questions about how to bet on LOL when you are already over the age of 18.

It’s necessary to know the basic concepts about League of Legends

First of all, you need to know some basic concepts and rules regarding each of eSports before start with betting. League of Legends is a multiplayer online battle arena video game. Each player chooses a champion out of 143 and takes part in a 5-on-5 battle.

The goal for each team is to destroy their opponents’ defensive structures and reach to the heart of their base. It’s a much more complicated version of Dota 2 and Heroes of The Storm. There are plenty of tutorials on Youtube to help you get familiar with the League of Legends rules. 

https://www.youtube.com/watch?v=2IMnqEga6tc

Why It’s worth betting on League of Legends

First of all, you don’t need to be a pro League of Legends player to win your bets. After watching some tutorials, you might have noticed how complicated is League of Legends. Mostly decide to quit after they find it so difficult to learn. But, it is pretty much doable once you become familiarized with the basics.

It is time to look on the bright side. The game is not quite predictable; not even for the sportsbooks. Therefore, you have a chance to beat sportsbooks offering betting on League of Legends by doing research.

Check out why betting on Hearthstone is just as beneficial as League of Legends.

Where to research about League of Legends teams and players

Discussion websites and social media provide a rich source in order to keep up-to-date with the eSports teams. Platforms like Reddit and Twitch have big community of eSports enthusiasts from whom you can get extremely valuable tops.

Following teams and players on social media will give you an idea about how they are preparing for upcoming tournaments. Furthermore, you can always check eSports news sites to find out about recent developments in League of Legends.

Best online sportsbooks for betting on League of Legends

There are tons of betting websites; but not all of them are reliable or specialized in League of Legends. 1xbet is definitely one of the first online sportsbooks which come to mind while talking about betting on eSports, especially League of Legends. You can find up-to-date odds and betting options at this popular online sportsbook daily.

If you’d like to learn more about this online betting site, check our latest review about 1xbet sportsbook. You can see more about payment methods, languages, bonuses, currencies and more in our review.

How to bet on League of Legends – Place a real bet

First of all, you need to create an account at 1xbet sportsbook. It is a very easy process. Once you are done,  you can simply deposit as much as you like into your account and start betting on your favorite sports as well as the best League of Legends eSports team.

You can find a list of tournaments and matches in the eSports section of the websites. Next, click on a LoL tournament eg: LoL Spring Playoffs: Team Liquid (1.40) v Team SoloMid (2.75). You can bet simply by clicking on one of the teams to win and choosing your stake value. This guide can be used for normal sports betting as well, there are no differences.

Teams that are certainly going to win a match do not worth betting on. Because offered odds for those teams are too small and close to 1.00. Therefore, you won’t profit much and your wins won’t cover your potential losses.

So, you need to place your bets on teams with odds between 1.50 and 2.00. Your predictions might not always be correct; but your wins can surely cover your potential losses.

Always try to bet early

Try to place your bet as soon as possible. Bookmakers always change the odds in their favor. Sportsbooks weaken the odds as the number of bets increases to ensure it’s still beneficial for them.

Bet only up to 5% of your bankroll

Professional bettors always bet 1 to 5% of their bankroll. In case you have 200$, you may need to bet $5 to $10 per contest to lower your risk of ruin.

The best way is to start with a small bankroll and increase your wager through time as you get more experience. Another benefit is that you won’t have much stress when you bet less than 5% of your bankroll.

Don’t bet when you are moody

When you are upset, tired, or emotional, your predictions won’t be precise and there is a high chance of error. You will place a foolish bet and lose. If you have lost a big stake, you need to take a break and continue later.

Try to bet in groups to lower your risk of ruin

Simply you should gather friends who also want to bet on League of Legends. Each person in a group must bet on different matches or different outcomes. Any prize is split equally between all members. This way you can minimize your losses.