Do you love watching and betting on eSports? However, did you know some common mistakes can ruin your chances of winning big? In this tutorial, we will share some of the most frequent errors bettors make when they wager on eSports. In addition, we will provide ways to avoid them.
Hopefully, the tips will help you improve your eSports betting skills and make smarter decisions.
Mistakes When Betting on eSports
Here are some common eSports betting mistakes and how to avoid them.
Mistake #1: Betting on games you do not know
One of the biggest mistakes you can make as an esports bettor is betting on games you do not know or understand. It can be tempting to try out new games and genres, especially with attractive odds and hype. But if you do not know enough about the game mechanics, the teams, the players, and the meta, you are gambling mindlessly. And that is not a good way to bet on anything.
The solution: Stick to the games that you know and love. If you want to explore new games, do some research first. Watch some streams, read some guides, and follow some experts. Then, learn as much as you can before you place any bets. This way, you will have a better chance of finding value and making accurate predictions.
Mistake #2: Betting too much
According to eSports betting news reports, another common mistake that many esports bettors make is to bet too much. It can happen for various reasons: overconfidence, greed, boredom, tilt, etc. But whatever the reason, gambling too much can seriously affect your finances and mental health. As a result, you can lose more than you can afford, get into debt, or develop a gambling addiction.
The solution: Set a budget when you bet on eSports and stick to it. Decide how much money you can afford to lose, and do not go over it. Use a bankroll management system that suits your style and goals. Do not chase your losses or try to win back what you lost. Do not bet more than you’re comfortable with or more than the value of the bet. Finally, and most importantly, have fun and enjoy the game.
Mistake #3: Not comparing odds
Another mistake many esports bettors make is not comparing odds across betting sites. It may seem minor but it can make a big difference in the long run. Different betting sites may offer other odds for the same event or market, depending on their margins, popularity, liquidity, etc. So, you may miss out on some extra value or profit by not comparing odds.
The solution: Shop around for the best odds. Use an odds comparison tool or website showing you the best odds for your chosen event or market. Compare different betting sites and see which offers you the most value or profit for your bet. Do not settle for less than what you deserve. And do not forget to take advantage of bonuses and promotions bookie software offers that can boost your winnings.
