League of Legends, often known as LoL for short, is one of the most popular esports on the planet. It is little wonder then that it has also become popular with betting fans. LoL betting is entertaining and exciting, and offers plenty of opportunities for profit for anyone with expert esports knowledge.
Here, we’ll take a closer look at League of Legends betting for you. We’ll give any newcomers to LoL the full rundown of what the game actually entails, as well giving you an introduction to LoL betting. We’ll outline some of the types of bet that you can place on LoL, as well as help you to identify some of the top teams and players. You can also find a few tips on how to seek out the best possible LoL betting bookie for you. Read on to find out more!
What is League of Legends?
League of Legends, or LoL, is a PC/Mac OSX multiplayer online battle arena video game that was released in 2009. Since its release it has become a hugely popular game for both players and spectators. As the audience for esports has grown, the game has also become popular with betting fans.
If you do not already know anything about the game, it is worth giving you a basic overview here. The game blends real time strategy with role playing games, offering players the chance to control one of more than 135 different champions. A typical game consists of two teams of five players opposing each other at either side of a map, known as a Summoner’s Rift.
Each team starts in its own spawning pool which contains their nexus. The main aim of the game is for each team to try and destroy the other team’s nexus, which is defended by a series of structures and neutral monsters as well as the opposition. Players can also collect gold and experience points to boost their character’s capabilities, adding another element of intensity to things.
Some Top LoL Players and Tournaments
So who are the top teams and players in LoL? If you look at the esports league sites, you will see that some of the top teams include DAMWON Gaming. Their star players include Cho ‘BeryL’ Geon-hee and Ryu ‘Hoit’ Ho-seong. Another of the more successful teams is G2 Esports, whose roster includes stars like Luka ‘Perkz’ Perkovic and Marcin ‘Jankos’ Jankowski.
What is LoL Betting?
LoL betting is similar to betting on a conventional sport. You can place bets on matches and tournaments, and there are usually plenty of in-play betting options available too. There is nothing that is overly complex or tricky about LoL betting. As long as you understand the different types of bet that can be placed and you know plenty about League of Legends then you should be successful.
Types of LoL Betting
So what kind of bets can you place once you have found the best LoL betting site for you? LoL match betting is one of the more straightforward types of wagering on this particular esports game. This is where you simply choose which team you think will win a match. If they win, your bet wins.
If you want to take your match betting a little further then it can be a good idea to bet with accumulators, which are also called parlays. This is where you combine several bets onto one slip. The odds from each bet are all added together, and the winnings from one bet are used as the staje for the next one on the coupon. This can lead to very big wins. If one bet on the slip loses, though, the whole slip loses, so you need to choose your bets carefully.
Another type of LoL bet is an outright. This is where you bet on the overall winner of a tournament. You need to know the teams and their attributes very well to be successful with this type of bet.
There is also plenty of opportunity to do some live betting when you are wagering on LoL. Live betting, also called in-play betting, is where place bets on events in a match while it is taking place.
Shaping a Successful LoL Betting Strategy
When you’re putting together a strategy for successful LoL betting there are a few things that you can do. Being successful at LoL gambling is very much like being successful at any other kind of gambling, in that the more you know the more likely you are to win. Before you even contemplate beginning your LoL betting journey, you should make sure that your knowledge of the game and its top players and teams is as close to perfect as possible.
If you want to boost your knowledge to the level that you need then following the esports news is essential. Just as punters who bet on the NFL or MLS follow those leagues in detail, so you need to follow the LoL scene. It really does pay to stay fully abreast of all the latest stories as you never know what nugget of information might be crucial. Even stories about players becoming dissatisfied with their team or falling out with team-mates can give you an edge.
Brush up on bet types and odds
As well as knowing as much as possible about LoL, you also need to have a good understanding of odds and bet types. Learning about in-play betting is especially important for anyone who wants to be successful at betting on esports. You should make sure that you know what an accumulator (also called a parlay) is too, as this can be a very useful way of betting on favourites in the early rounds of tournaments.
Odds are, of course, crucial to being able to assess a bet. Not only do they tell you how much you will win from a successful bet, but also what the likelihood of that event occurring is. Knowing the different odds formats that are used (fractional, decimal and American) is also vital to properly understanding how odds work.
Keep an eye on your bankroll when LoL betting
It is also really important to keep a close eye on how much money you are spending when you doing a spot of LoL betting. It is important to remember that you are not playing in some league of gambling where you need to spend the most money to win. Maintaining a healthy bank balance is a skill that all successful bettors acquire.
To maintain a healthy bank balance it is a good idea to place a series of smaller bets rather than placing large bets at long odds. You do not want to end up in a situation where you are chasing your losses with a series of ever increasing bets. Placing a series of smaller bets will take the pressure off and allow you to enjoy betting rather than being worried about what you are losing.
How to Find a Bookie for LoL Betting
When you’re looking for a good bookmaker for LoL betting there are a number of things that you should keep in mind. If you want to do some League of Legends gambling then it is vital that you find the right bookie for you. Here are a few features that every good esports bookie should possess.
- Check the range of tournaments covered.
If you want to enjoy some successful LoL betting then you need to make sure that there are plenty of LoL events available for betting. A bookie may only offer one or two tournaments on a sporadic basis. You need plenty of options not a small range.
- Customer service should be fast and efficient.
When you are betting you need to know that you are in safe hands with your bookie. You should be able to reach the bookie’s customer service team easily, ideally via live chat, and they should answer your questions with all the detail you require.
- Make sure the bookie is licensed.
An easy way to see if a bookie is legitimate and reputable is to check the licence. If they hold a licence from a body like the UKGC or the MGA then you can rest assured that you are in safe hands.
- Does the bookie have a mobile app?
Betting on the go is a convenient way to wager. Always check to see if there is an app that you can download as this makes your betting much more flexible and entertaining.
- Is there a nice welcome bonus?
Everyone likes to pick up a nice bonus when they sign up for an account with a bookie. You should check to see what kind of value bonus is on offer for new customers at a bookie, as well as seeing if there any specific esports bonuses that are available.
As you can see, LoL betting can be a lot of fun. Finding LoL betting sites is a case of being clear about what you need to look for. In general, if you check the bonus, customer service and the range of events covered, you will be able to assess a bookie properly. When it comes to being successful at LoL esports betting the same principles hold true as do for more conventional forms of sports betting. You need to know as much as possible about the players, teams and latest news. Knowing as much as possible about odds and types of bet is also essential.
If you hold to those principles then you should not only be successful at LoL betting but also enjoy it! As with any kind of betting, it’s important to remember that it’s supposed to be about fun!