Posted 24th March 2018 By: Derpina
Esports News – The revenue, popularity, and viewership of esports are slowly beating the world of traditional sports. For players, the definition of “sports” is now fluid. There are studies and claims from experts that millennials, especially ages 18 to 25, prefers esports over traditional sports. This is indeed a huge success for the virtual gaming industry, but the journey doesn’t stop there.
Before the booming popularity and recognition from different sports’ organizations, professional championships and tournaments for esports games such as League of Legends (LoL), Counter-Strike: Global Offensive (CS:GO), and Defense of the Ancients 2 (Dota 2) came to light after the entry of the 21st century. As anyone can see, esports is not new but the viewerships these games garnered every year is enough for the sponsors and game developers to host major competitions with more than $1 million prize pool.
As years go by, developers created more and more exciting games to attract gamers. Overwatch, a new game by Blizzard Entertainment, is slowly entering the arena with its Overwatch League (OWL) that draws over 100,000 viewers worldwide. However, it’s still new to the industry as we are yet to see if it can match or surpass the popularity of LoL championships which draws over 70 million viewers worldwide. Nevertheless, the four games mentioned are the most vital esports games of the decade, or maybe even the century.
Recently, the International Olympic Committee (IOC) recognized the continuous growth of competitive gaming and said, “competitive esports could be considered as a sporting activity, and the players involved prepare and train with an intensity which may be comparable to athletes in traditional sports.” Now, the Paris 2024 Summer Olympics bid team sparked an interest in esports and they wanted to include it in their lineup as a ‘medaling event’.
On other news, television networks and sports team owners also acknowledged the potential of competitive gaming. SyFy, ESPN, TBS, and Telemundo partnered with FACEIT, an independent esports platform, to broadcast esports tournaments in the future.
The founder of Cloud9 esports organization and owner of OWL’s London Spitfire team, Jack Etienne, revealed even further the success of the industry by saying: a“There’s a movement that’s been going on for a long time but is only now being recognized…It took people watching these events where traditional venues that most people associate with sports are being completely filled up by a specific demographic of folks: young millennials all buying these tickets that aren’t generally interested in traditional sports events but love esports.”
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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.