eSports

How To Set Up And Manage Your eSports Betting Budget?

Published

2 years ago

October 4, 2022

Reading Time: 4 minutes

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.

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eSports

Record Number of Host City Applications for IESF’s Events

Published

16 hours ago

October 4, 2024

Adrienn Sarkany

Reading Time: 2 minutes

The International Esports Federation (IESF) is pleased to announce the conclusion of the bidding process for hosting the 2025 and 2026 IESF Events – the World Esports Championship and Regional Qualifiers. For the first time in our history, we have received a record number of applications, with over 30 cities from across all continents submitting their bids to host our signature Esports events.

The increased interest in hosting IESF events reflects the expansion of the Esports community and the impact these tournaments have had on the intern ational esports scene. From Europe to Asia & Oceania, Africa to the Americas, cities are making significant efforts to develop their local Esports ecosystems while also presenting their capability to host nations from around the world. The opportunity to serve as the home of Esports for a year is seen as a meaningful step forward, with long-lasting benefits in both the local and international growth of Esports.

“Over the last five years, IESF events have grown rapidly, and so has the excitement around hosting one of the world’s biggest esports events. IESF events are truly one-of-a-kind and bring huge value to our host nations – or as we like to call them, the “Esports capital of the world.’ It’s amazing to see this growing interest, and we can’t wait to continue bringing the global Esports community together through these incredible events.”- stated Boban Totovski, the General Secretary of IESF.

We are now thoroughly reviewing the applications to determine which cities meet our criteria and requirements and align with IESF’s core mission of developing Esports in a sustainable and inclusive manner.

IESF is dedicated to ensuring that every event we host leaves a meaningful and lasting impact. The upcoming selection of our host cities will shape the future of many Esports communities across the globe and redefine the Esports landscape by supporting new emerging regions and strengthening the existing ones.

eSports

The legends return! GG.BET is hosting a second long-awaited battle between NAVI and Team Vitality in Match of LeGGends: Double Down

Published

1 day ago

October 3, 2024

Peter Tolan

Reading Time: 2 minutes

On October 5, at 19:00 EEST, NAVI and Team Vitality will go head-to-head again in an epic Counter-Strike 2 show match organized by betting brand GG.BET. In Match of LeGGends: Double Down, viewers can expect unique showdown formats and a special bonus with promo code NAVITALITY.

The top two teams in the world will battle it out in this show match. Match of LeGGends: Double Down will see Team Vitality, who were IEM Cologne 2024 champions, and NAVI, who won gold this year at the PGL Major Copenhagen, EWC and ESL Pro League S20, go head-to-head. Viewers can also expect a nail-biting encounter between two rival MVPs — Mathieu “ZywOo” Herbaut and Justinas “jL” Lekavičius.

The show match will begin in a classic Standard format: the teams will play МR12 on the de_tuscan map. The second random map will be played in Arms Race Mode: gameplay will switch to Deathmatch mode, where it’s every man for himself. The main objective here is to achieve kills using various types of weapons and finish the game with a knife kill. The third randomly selected map will be played in MR12 format in Hostage Rescue mode: Counter Terrorists will be tasked with rescuing hostages, and Terrorists will try to stop them.

The show match is being organized by GG.BET, the official betting partner of esports team NAVI and Team Vitality’s CS2 roster. GG.BET hosted the first Match of LeGGends in July 2023, and the match racked up over 1 million views.

To celebrate Match of LeGGends: Double Down, GG.BET is offering an exclusive sportsbook and gifting users a bonus: a freebet worth up to 100 USD with promo code NAVITALITY.

Match of LeGGends: Double Down will be streamed in two languages. Watch the English-language stream on NAVI and Team Vitality’s official Twitch channels, and watch in Ukrainian on the Maincast Twitch channel.

Asia

Skyesports and Realme Conclude Realme Campus Gaming League in Chennai: National Collegiate Esports Tournament Sees More Than 10,000 Players Participate

Published

1 day ago

October 3, 2024

Peter Tolan

Reading Time: 2 minutes

Skyesports, a premier global IP and community builder for gaming and esports, and Realme have wrapped up the Realme Campus Gaming League, a national collegiate esports tournament.

The Grand Finals took place at the SIGMA Auditorium, Sri Sairaam Engineering College, Chennai, and witnessed the top 16 college teams from across India compete in Battlegrounds Mobile India (BGMI) to crown the champions.

Galactic Wolves emerged victorious, securing the title and taking home INR 200,000 from the event’s total prize pool of INR 400,000. The fight went down to the penultimate game, where Galactic Wolves secured a first-place finish to climb to the top of the overall standings.

The Realme Campus Gaming League was launched with a mission to empower college students across India and provide them with a platform to showcase their esports talents in BGMI. The tournament attracted record participation, with more than 2,700 teams from over 200 colleges nationwide vying for a spot in the Grand Finals. To ensure the representation of local talent, Skyesports also organized a local qualifier at the Sri Sairaam Engineering College, with two teams earning their place in the Finals.

Adding to the excitement, renowned gaming personalities Jonathan Gaming and Jelly graced the Grand Finals, interacting with participants and sharing valuable feedback. Jonathan Gaming, fresh from his third-place finish in the BGMI Pro Series (BMPS) 2024 with GodLIke Esports in Kochi, inspired the young competitors with his insights and experience.

Commenting on the tournament, Shiva Nandy, Founder and CEO of Skyesports, said, “Partnering with Realme for the Campus Gaming League has been an incredible experience, as they share our commitment to developing grassroots esports. This tournament was not only a thrilling spectacle for esports fans, but it also offered a platform for college students across India to showcase their talent. The high participation highlights the immense potential at the grassroots level and underscores the importance of fostering and nurturing this talent for the future of Indian esports.”

A Realme spokesperson said, “We are thrilled to support the burgeoning collegiate esports scene in India through the Realme Campus Gaming League. At the LAN Finals in Chennai, players competed in the Realme 13+ 5G which proved to be a formidable device for esports players and casual gamers alike. The event saw over 10,000 participants and garnered more than 250,000 views on social media, showcasing the immense interest and engagement in esports at the grassroots level.”

The Realme Campus Gaming League has set a new benchmark for collegiate esports in India, further cementing Skyesports’ and Realme’s commitment to supporting esports at all levels.