Posted 2nd October 2017 By: Kyle-Tipify Staff
Much-anticipated after Blizzard announced its new esports league, Overwatch League will have its inaugural season on January 10, 2018. Additionally, as of this writing, the league has officially 12 teams that will compete against each other.
Blizzard announced the aspiring new esports tournament back in November 2016. With past reports that the new league had troubles in signing franchises, this may have been the cause of the delayed debut. According to the report, starting a franchise with Overwatch League requires a $20 million capital, excluding higher costs for urban market cities like New York or Los Angeles and buy-ins required. Lastly, another reason is the revenue sharing that only starts in 2021 which caused problems among aspiring franchisees because of difficulties in recovering franchise costs.
Even though there are plenty of highly competitive and professional tournaments existing today, Blizzard differs the Overwatch League by following traditional professional sports leagues concept in featuring city-based teams, which they hope to earn the following of local fans. Also similar to the pro sports concept, esports players signed to a team will be offered contracts, including guaranteed salaries, health insurance, and retirement plans. In a direct quote from Blizzard, “Once these city-based teams have been admitted to the league, their spots will be secured giving them the best opportunity to grow and thrive for years to come.”
Many multi-national and Ivy League companies have already bought into Overwatch League. Entertainment company Comcast Spectacor has picked Philadelphia as the state to base their team on. Along with Comcast, NetEase and popular personalities like Jennifer Lopez, NFL star Marshawn Lynch and fellow athlete Alex Rodriguez are among others have also invested in esports teams that will participate in the first ever season of the tournament.
The 12 teams that will officially play in the first season are Boston, New York, London, two teams in Los Angeles, Miami, San Francisco, Dallas, Houston, Philadelphia, Shanghai Dragons in China, and South Korea.
Besides the new league, Blizzard has been busy with its own esports arena in Los Angeles called Blizzard Arena. In addition, this will be the home for the pre-season games of Overwatch League which will commence on December 6, more than a month before the official season will start.
Prepare for more action-packed betting and prizes to come your way with the upcoming Overwatch league next year.
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When you first start out you’ll be tempted to try to bet as frequently as possible, don’t. Wait for matches with good odds where you or the predictors know the teams. Never force yourself to bet, bet on matches that you are confident in. You may go days or weeks without placing a bet, you’re not in a rush, wait for bets you are comfortable and confident in and profit should follow.
If there’s any uncertainty, don’t place a bet. Save your skins for another day. There will be plenty of other matches that you can bet on.
Betting is always risky, that’s unavoidable. But staying inside a ‘safe zone’ will help cover you off from some really silly bets. When starting out with a low inventory, large bets placed on matches with 80%+ odds aren’t going to return much in general (on lounge, even less due to the inconsistent returns) but you’re still risking a large amount of your inventory for very little.
Equally, odds below 30% sound very, very attractive with huge returns possible. But if you don’t know the teams or all the details, it’s very possible the team doesn’t stand any chance. If you think there might be a chance, reduce the size of the stake or consider an ICB.
Always bet with a percentage of your inventory. Think, what happens if you lose an ‘All in’ bet, do you stop betting for the rest of your life, or just get your wallet out and go again? You may think there’s no risk, however there is always risk. If you’re placing a high bet, stick to an absolute maximum of 20% of your betting inventory.
Always leave enough to bet another day.
If you’re feeling angry or frustrated, your judgement get’s very cloudy. You’ll make a stupid bet and lose. If you just lost a big bet or are on a losing streak, instead of trying to force a bet, you should take a step back, calm down and just take a break, come back refreshed with a fresh mindset.
Betting blind is a purely relying on luck, if the underdog odds are 30%, that definitely doesn’t mean the team has a 30% chance of winning. It just means 30% of the betting community chose that team. A late roster change could mean there’s zero chance for the team to win. Check in with our predictions to help give you some more background on the game.
Use the lounge odds tracker to predict the final odds as the start of the match get’s closer. If the odds are increasing/decreasing for the team you intend to bet on the return may not outweigh the risk anymore. A huge significant switch of odds at the last moment may mean that something shady is going on, mostly in very low tier games, or a sudden announcement, E.g standin may have occurred.
Bookies will put up their odds based on their own expectations, as the bets start coming in they'll tweak the odds to ensure it's still profitable for them. That early stage is key to getting an edge on the bookies.
As soon as you feel like you have to bet again to recoup loses, you’ll feel compelled to make bigger bets with bigger risks. This often starts an endless cycle driving your losses further and further. Instead, after a big loss, take a day off from betting (or a week if was really big). .Keep to the proper bet sizing based on the risk of the match no matter what. You are not in a race to win it back, just take it easy.
Do not blindly follow betting site odds and think that they are correct to the true odds. If a betting site has ‘Team A’ as a heavy favorite, it does not always mean that it’s an easy win for ‘Team A’.
SK beat Na’Vi… Na’Vi beat E-Frag. That means SK can beat E-Frag now, right? No.
There are many factors which contribute to the team winning a match, these factors such as player performance, map selection, strategy and tactics which may not apply to other teams.