eSports
How To Set Up And Manage Your eSports Betting Budget?
In spite of this, It’s common knowledge that betting on eSports can be a lucrative pastime activity, but seasoned gamblers would also remind you that maintaining a winning streak is the best way to maximize your earnings. When it comes to this, the truth is that you won’t always come out on top; in fact, there will be occasions when you come out on the losing end.
However, the technique you choose to manage your betting money will be the most important factor in determining your overall level of success. This strategy is referred to as “bankroll management” in responsible gambling, and it is simple to use as long as you maintain your self-control.
Bankroll Management
Even if “bankroll” is slang for your money when gaming. In this context, it’s used for wagering on various eSports events. It’s distinct from things like prizes or bonuses. Instead, your gambling budget should serve as a gentle nudge toward responsible play.
If you have a bankroll, you can set betting limits and avoid losing the money you can’t afford to lose. This is where good money management comes in, and it’s an absolute must for every bettor, new or old.
Money management is crucial for preventing addiction and acting rashly, which is why it’s so important. Your ability to make informed wagers will improve as a consequence. You place wagers on teams and people not just because you think they will win, but also because you are confident that you are making the correct prediction. And how exactly will you determine that? Here are eight tried-and-true methods for making money and having fun while betting on eSports in the long run.
Finding A Reputable Betting Site
Finding a trusted betting site is the first step in making sure you keep your bankroll safe. Hitting up the first site that pops up is a sure way of losing your entire bankroll. Thankfully today fairbettingsites.co.uk’s list of the best betting sites in 2022 has some of the most reputable bookies compared all in one place accompanied by incentives they offer.
This allows punters and newcomers to easily find and compare the best bookies available to them. Making sure you play at a reputable site is a great way at ensuring your bankroll is safe.
Build A Mindset
Depending on how you feel during EveBetting, you could choose a different set of choices. Gaining victory requires a determined yet practical strategy. Never lose sight of the fact that this is, first and foremost, a pastime. Always have a level head and be ready to take a loss when it comes to entertainment.
Set Up A Budget
If there’s one thing that gambling and investing have in common, it’s the age-old adage that you should never risk losing money that you can’t afford to throw away. It shields you from potential dangers and turbulence. Due to this, you should already decide how much money you are willing to wager on eSports before registering for an account with an online sportsbook or login into your account there. You shouldn’t allow this to damage your finances or any of your other personal commitments that are essential.
Keep Track Of Your Progress
Although betting on eSports is typically done in one’s spare time, it is important to keep a record of past wagers when one engages in the activity frequently. Analyzing the differences between your deposits, the amount of money you have wagered, and the amount of money you have withdrawn can tell you if you are making money, losing money, or falling somewhere in between. Therefore, this is where you use techniques to assist you to improve the amount of money you gain from betting on eSports.
Create & Follow A Strategy
Consistency is a strategy for success, and in the case of managing one’s finances when betting on eSports, that formula includes adhering to a certain approach. This means that you will always have a clear vision and path to follow while making betting judgments, which will help you maintain objectivity.
These are principles that relate to how little and in what way you employ your bets, and they are sometimes referred to as staking plans. It’s possible that there will be good or negative progressions overall. The first strategy involves gradually raising your wagers after each win and reducing them to their lowest possible level after each loss. On the other hand, the second strategy requires you to raise your wagers after each defeat so that you can break even and make a modest profit when you finally emerge victorious.
Do Not Chase Losses
You might use an approach like the negative progression, but you need to know when to call it quits. If you’ve been on a losing run, it’s time to rethink your betting strategies, whether that means switching up your favored eSports market or the sort of wager you place. You should not chase after your losses as if it were a race. This will only result in your finances being depleted before you even realize it, and to make matters worse, it could also put you in the red financially.
Conclusion
The eSports betting industry is set to grow with firms still investing in the future of GameFi making it look bright. With the games industry still in its infancy, it’s showcasing a lot of promise for the future of the eSports betting scene thanks to the nature of GameFI and crypto.
Clarion Gaming has confirmed that Akhil Sarin CMO at Easygo, the technology powerhouse behind the success of global brands Stake and Kick will headline the Esports & Games Conference (EGC) taking place on 21 January as part of the ICE Barcelona experience. As a key member of the executive team, Akhil Sarin has been instrumental in securing the high-profile partnerships that have accelerated Stake’s growth, including the Stake F1 team, UFC, Drake, and Premier League Everton FC.
Through these strategic alliances he has amplified Stake’s brand presence at the same time as creating unique, immersive player experiences, in the process setting new industry benchmarks.
Announcing the high profile speaker Will Harding, Head of Esports at Clarion Gaming said: “Securing Akhil Sarin as EGC key note at ICE Barcelona represents a remarkable opportunity for our attendees to gain invaluable insight into cutting-edge strategies in digital and influencer marketing .
“Akhil’s expertise with Stake and Kick.com embodies the forward-thinking, innovative approach that defines the digital marketing landscapes. His participation underscores the calibre of knowledge-sharing that we are committed to delivering at ICE and he is sure to both inspire our attendees and elevate their strategic perspective.”
Looking ahead to ICE Barcelona, Akhil Sarin stated: “Collaborating with Clarion Gaming at ICE Barcelona is an exciting opportunity to showcase Stake’s journey and continued focus on bold partnerships and creative marketing strategies that resonate with audiences.”
He added “The EGC is a vital platform for exchanging transformative ideas and shaping the future of gaming and entertainment. I look forward to discussing Stake’s vision and collaborating with industry leaders to inspire growth and innovation across the sector.”
WEC24 Complete: Indonesia Crowned Overall Champion! Busan, South Korea (November 20, 2024) – After nine days of exciting competition, the 16th World Esports Championship (WEC24) has come to a conclusion.
From epic plays to unforgettable moments, the championship closed out with the Dota 2 and MLBB Women’s finals. The ultimate victory and the biggest moment of the night belonged to Indonesia, as they won their second title as the WEC24 Overall Champions.
This prestigious trophy is awarded to the nation that excels across all of the game titles. Turkey secured one gold and one bronze medal also, however, Indonesia’s consistency and performance across the other game titles gave them the edge to secure their victory. Congratulations to Indonesia for this remarkable achievement!
WEC24 started on November 11 at the spectacular SEF Arena in Riyadh, bringing together athletes from around the world to compete across six tournaments: PUBG MOBILE, CS2 (Women’s and Open), Mobile Legends: Bang Bang (Open and Women’s), and Dota 2. Each competition delivered its special charm, giving us new champions and a WEC to remember.
Medalists:
PUBG MOBILE:
- Turkey
- Ukraine
- Brazil
CS2 Women’s:
- Poland
- France
- Portugal
CS2 Open:
- Romania
- Portugal
- Serbia
MLBB Open:
- Malaysia
- Philippines
- Indonesia
MLBB Women’s:
- Indonesia
- Cambodia
- Egypt
Dota 2:
- Greece
- Sweden
- Turkey
This year’s WEC broke records and set new milestones: the largest CS2 Women’s tournament with a $160,000 prize pool, the debut of the MLBB Women’s category, and a marathon Dota 2 bronze match that won’t be forgotten. Over 480 athletes gave it their all, leaving behind moments that will define the Esports scene for years.
As WEC24 comes to an end, we are thankful to every athlete, national federation, fan, and Esports enthusiast who traveled with us on the Road to Riyadh.
GG once again to Indonesia, our WEC24 Overall Champion! Thank you, Riyadh, for hosting an unforgettable championship. Until next time, see you on the next World Esports Championship journey!
Asia
Savvy Games Delegation Joins More Than 30,000 Fans for Tencent and Hero Esports’ Honor of Kings Grand Finals in Beijing
The inaugural King Pro League Grand Finals 2024, the biggest esports event in China, drew more than 30,000 fans to a sold-out Beijing Workers’ Stadium on Nov 16. A delegation from Savvy Games and the Esports World Cup Foundation also joined the iconic event hosted by Chinese tech giant Tencent and the largest esports company in Asia, Hero Esports (formerly known as VSPO).
HRH Prince Faisal bin Bandar bin Sultan Al Saud, Vice Chairman of Savvy Games Group (Savvy); Brian Ward, CEO of Savvy; and Ralf Reichert, CEO of the Esports World Cup Foundation, attended the tournament where two top Chinese esports teams competed for the inaugural Holy Dragon Cup and a record prize pool.
A total of 70 million rmb ($9.8 million) was awarded to the top 12 teams who advanced through the rounds of the six-week-long tournament. The final showdown was between Chengdu All Gamers and Chongqing Wolves, where Chengdu All Gamers emerged victorious in a best-of-seven series and took home 22 million rmb ($3.1 million) in prize money.
King Pro League, the premier esports league for Tencent’s hit game Honor of Kings, is the biggest esports league in Asia. Honor of Kings is the world’s most popular mobile game with more than 100 million daily players. Hero Esports has been the organizer of KPL tournaments since the league was first launched in 2016.
This year marks the inaugural KPL Grand Finals, which replaces the Honor of Kings International Championship for Chinese Honor of Kings competitors and features the top teams from across China, one of the biggest esports markets in the world with the most players. Events were held at arenas in Chengdu, Hangzhou and Changsha, with the Grand Finals event being held in Beijing.
The popularity of esports is growing rapidly around the world, encouraged by government support in a number of countries and new products and technology. According to a Frost & Sullivan Report, the market size of the esports gaming industry has experienced a significant increase at a CAGR of 15.2% from US$29.8 billion in 2017 to US$52.6 billion in 2021, and is expected to increase further at a CAGR of 12.1% from US$57.9 billion in 2022 to US$102.4 billion in 2027.
The report also shows that the number of gamers globally has experienced a significant increase at a CAGR of 7.1% from 2.3 billion in 2017 to 3.1 billion in 2021, and is expected to further increase at a CAGR of 5.5% from 3.3 billion in 2022 to 4.3 billion in 2027.
Danny Tang, CEO and Co-Founder of Hero Esports, commented: “Hero Esports is proud to have been a part of the first King Pro League Grand Finals, which is an example of the high calibre esports tournaments that fans and players everywhere deserve. The strong enthusiasm we’ve seen for this event in its first year is a testament to the significant growth of interest in this sport and the support of our high-profile sponsors. The atmosphere in the arena was electric and we congratulate the Chengdu All Gamers in winning the inaugural Holy Dragon Cup.”
Hero Esports, formerly known as VSPO, is a leading player in the global esports industry, collaborating with major game developers and global brands and organizing tournaments for players and fans across the world. It is the biggest esports tournament operator in Asia, having hosted 86 tournaments in the region in 2023, of which 62 were in China, compared with a total of 77 tournaments in 2020, of which three were overseas. The company recently announced the Esports Asian Champions League (ACL), Asia’s new premier international esports tournament featuring multiple titles.
Sponsors of the King Pro League Grand Finals 2024 include Meituan, Snapdragon and SAIC Volkswagen and iQOO.
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