Betting on Esports may seem easy at first, but it actually more complicated than you think. Placing bets on a daily basis without any strategy can’t be profitable. No matter how much you win, in the end, the bookmakers will always profit in the long run. In order to change that, you need to know the most basic things about Esports betting. Keep reading and find out what should you do to increase your chances and minimise the risk.
Establish a Bankroll
Probably the most important thing every gambler needs to have is fixed bankroll. Look at Esports betting as a hobby. Every hobby costs money and so does the Esports betting. Just select the monthly amount you are willing to spend on this hobby and never bet more than that. In addition, you should limit your deposits to once per month. This way, you will be able to keep track of your finances and you will never deposit more than you can afford to lose.
It is also a great way to avoid addiction and know your limits. Never consider betting as a source of income, it is just a hobby than can be profitable from time to time. On the other side, if you ever find yourself craving to bet more, even though you already lost your complete bankroll, just don’t. Actions have consequences and this one can result in many problems. Always be responsible and you should not have any problems.
Bet Units Instead of Money
For example, let’s say that your monthly bankroll is $100. You should split that into units. Divide it into 50 units so each unit will stand for $2. The next step is to determine how likely is the event you bet on going to occur on a scale from 1 to 10. If you are 100% sure in that bet (10/10), you should wager 10 units which is exactly 20% of your bankroll. Your “maxbet” should never be higher than 20% of your bankroll. This is a great way to avoid all-ins and that’s exactly what you need to do. Avoid all-in bets at any cost. Only one all-in bet is enough to ruin your winning streak and lose everything.
Research the Match Before Placing a Bet
You should always make a small analysis of every match you want to bet on. Check previous head to head matches, look at statistics and current forms. Write it all down and make your own prediction. With time, you will get better at this and your winning percentage will increase. But why to do it all when there are so many tipsters that already made in-depth predictions? Well, don’t believe everything you read on the internet. Just because someone claims to be an expert, that does not necessarily have to be the case. A lot of “blog” writers are professional writers with the sole purpose to attract visitors. It is good to check for tips and see what other people think. However, always have your own prediction to compare it with the ones you find online. Make sure to come back to UpYourGame for more Esports betting tutorials and tips.