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Top 5 Esports Betting Mistakes to Avoid – Take Notes!

News

6 Aug 2021

Gabriel Sciberras

Here at esportsguide, the number one goal is to educate our users into the world of the esports industry. Accordingly, like this, users may place the most educated bets possible should they choose to do so. However, there are a few do’s and don’t’s when it comes to betting. Read on to learn our Top 5 Esports Betting Mistakes to Avoid, especially if you’ve been having a tough time!

Before we dive in, do note the following two main points:

  • The following are simply 5 tips amongst others just to cover some of the most common mistakes that some individuals make – there are definitely more!
  • These tips do not come in any specific order, so #5 is not less important than #1.
FlyQuest LCS Roster
Credits: LCS

With that out of the way, let’s dive right into the very first esports betting mistake to discuss!

  1. Using the Wrong Esports Betting Sites

No, this isn’t exactly what you think it is. Using the wrong esports betting site doesn’t imply that some sites are good and some are bad.

While this may be true., it comes down to each bet that you place. In this regard, the most common mistake which applies here is when users generate a form of ‘loyalty’ and only restrict themselves to one betting site with one set of odds.

lcssummertwitter
Credits: Riot Games

Indeed, although the odds may not be ‘terrible’, there could be better odds on other sites waiting for you.

It’s for this very reason that esportsguide offers a dedicated page to ‘Esports Betting Sites‘ where users can simply scroll through lists of sites all offering their own odds and conditions.

Like this, you are less likely to make the mistake of using the wrong esports betting site and hence, should you luck out, more profit is on the line too!

2. Cash Out When You Have the Chance

Screenshot   e
Credits: Blizzard Entertainment

Moving on to Esports Betting Mistake number 2, we’re looking at timing. Knowing when to cash out is a skill learnt with time, though speeding up the process of learning is helpful.

For certain types of bids, especially high risk ones, it may be optimal to cash out early once you have a winning bid. While this may lower your profit slightly, it definitely beats having a losing bid suddenly.

Indeed, this further applies to the situation of placing multiple bets – we recommend keeping track and cashing out at the perfect time in order to enjoy an overall win.

Another tip here is to view esports events live as this can help you keep track of the likely outcome of your bids.

3. Using Your Heart Instead of Your Mind

DreamHackSpringMasters
Credits: DreamHack

A common mistake not just for esports betting, but betting in general is being too passionate. For example, although you may have a personal favourite team heading into an event, this team may, for example, be the lowest seed heading in with no recent changes to the roster and a poor record.

Bearing this in mind, you’re more likely to reap success by using your head and following the statistics to a more skilled team with a better chance of winning.

What also helps is keeping up to date with news and statistics through our very own esportsguide page.

4. Not Keeping Up to Date – Esports Betting Mistakes

Screenshot  e
Credits: Blizzard

Accordingly, this leads us into mistake number 4. Outside individual events, users are recommended to follow a number of things:

  • Roster Changes
  • Event announcements
  • Event recaps and previews
  • How to Watch articles
  • Featured discussions and analyses

All of the above are available on the esportsguide news page!

5. Not Using Esportsguide

Screenshot
Credits: Tencent

A final tip which ties into everything – using esportsguide. As our users have celebrated time and time again, esportsguide is the number one esports betting platform any beginner or expert could use.

Offering users live match updates, a plethora of esports betting sites, Esports Core, Events, News and more, it’s your all-in-one stop for the best esports betting experience.

For more esports news, visit: https://www.esportsguide.com/news

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