Online betting is not just about sports like basketball, football, and cricket anymore. In recent years, esports betting has been gaining popularity and this was especially the case when the pandemic started. There was a time in 2020 when there were barely any major sports events from around the world and the betting industry has given attention to other competitive events like esports.
Today, the esports industry is worth over a billion USD and it is expected to grow as much as 1.62 billion USD in the next two years. With the industry growing, we can only expect that Esports Betting in India and anywhere else in the world will also continue to prosper in the coming years.
A few years ago, online sportsbooks don’t give esports events much attention and fans only have a few options when it comes to where they can place their bets. However, now that esports is becoming popular, more and more bookies are starting to offer odds on gaming events too. Whether you’re new to esports wagering or not, it could be tough to choose the right bookie. But if you know what you should be looking for, then you shouldn’t have much trouble doing so. Here are the factors to consider when shopping for an online bookie.
When looking for a good gambling site, whether it’s for esports betting or casino gaming, never deal with unlicensed websites. Even if they have hard-to-resist offers, it’s not worth taking the risk. Licensed bookies and casinos are more reliable because they have followed safety requirements from the jurisdiction that issued the license that they carry.
There are a few jurisdictions that issue online gambling licenses like Curacao, Isle of Man, the United Kingdom, Puerto Rico, Gibraltar, and Malta. These jurisdictions only issue licenses to operators that also prioritize the safety of their customers. Licenses are also usually renewed yearly and so be sure to check if the license of a gambling site is updated.
Aside from having a license to operate, the reputation of a betting site is also extremely important. A casino or bookie’s reputation depends on multiple factors including the security of the website, their ability to help customers who are experiencing issues or problems with their accounts or bets, and how quick they are when it comes to giving the payouts to players and punters.
The best way for you to check on their reputation is by going through online casino and bookie review websites. What’s great about these sites is that they can be very thorough and even brutally honest about the services of a betting operator. Reading reviews lets you have a grasp of what the betting operator is like. These sites would let you know how user-friendly their websites are or how sneaky they could be about terms and agreements.
Variety of Odds and Games
Esports betting is still in its infancy and while many betting sites already offer odds on gaming events, they may not offer as much as you’re expecting them to. Available odds that you can wager on may be limited so always be sure to check what type of odds an operator would offer on certain esports events.
Aside from esports odds, you may also want to check what else the bookie could offer you. Typically, you can also place bets on traditional sports on the same app or site but if you’re into gaming, you should also consider if a site has great real money games that you can play.
Promos and Bonuses
People would bet on esports for fun or to earn extra money and if you’re after profiting, it’s best that you also consider the bonuses that you could get. Most bookies would offer generous welcome bonuses to attract new customers. Some may offer a so-so welcome bonus and be generous to their loyal customers instead.
When it comes to that, think of how often you think you’ll be placing bets. If you’re the type to only bet on major esports events, then the bookie with the best welcome bonus might be more for you. If you think you’ll be placing bets a lot and also play casino games often, then go for operators that have more to offer other than a generous welcome bonus.
These are some of the important factors that you should keep in mind when shopping for the right bookie. Many websites will be quick to say which esports betting site is the best but know that what’s best for them may not be what’s best for you. Your choice should depend on your betting needs and it’s perfectly fine to try multiple sites first before you find the best.