Crypto eSports Betting - eSports Games in 2022
Cryptocurrencies are shaking up the world of online betting, and eSports is one of the areas seeing the biggest impact.
With crypto coins like Bitcoin and Ethereum becoming more popular, it”s no surprise that people are looking to use them to place bets on their favorite eSports teams and players.
Cryptocurrency is gradually seeping into the world of eSports Bitcoin betting sites. This hybrid gaming-and-cryptocurrency ecosystem is driven by a number of factors:
- Gamers have always been early adopters of new technology.
- Millennials are driving the eSports industry and are more likely to be cryptocurrency users and crypto casino users at the same time.
- The rise of blockchain technology has made it easier for developers to create cryptocurrencies and Dapps (decentralized applications) that can be used in the eSports world.
In this article, we will show you some of the benefits of Bitcoin eSports betting sites, as well as some of the challenges that come with it in the crypto world.
What Are eSports Games?
eSports games are video games designed for competitive gameplay between multiple players. These games can be played online or in person, and often resemble traditional sports in their structure and organization.
The most popular eSports games are Multiplayer Battle Arena (MOBA), First-Person Shooters (FPS), and Real-Time Strategy (RTS) games.
However, virtual sports games, puzzle games, and card games are also popular among gamers.
eSports has become a major industry, with millions of spectators and prize pools worth millions of dollars.
The games are usually played on a computer or a gaming console. These are some of the eSports titles you can find:
- League of Legends
- Dota 2
- Counter-Strike: Global Offensive
- Call of Duty
- Rocket League
What Are Crypto eSports Sites?
Crypto eSports bets have taken the world by storm in recent years and changed all the traditional betting sites' knowledge about them.
eSports betting with Bitcoin gives you the possibility of placing wagers with the security, transparency, and control that you deserve. Tons of Bitcoin users and other crypto adepts have started to pay attention to this way of betting because it can be more exciting than the regular one.
Major tournaments and events are now being held all over the world, with prizes reaching millions of dollars thanks to Bitcoin eSports betting.
eSports betting sites are a new and growing trend in the world of online betting. They allow you to bet on the outcomes of eSports matches using Bitcoin transactions as well as other cryptocurrencies.
This can be a great way to make some extra money using fiat currencies or assets like Bitcoin Cash and to start online gambling on your favorite teams and players.
However, it is important to do your research before choosing a cryptocurrency eSports betting site. Not all traditional eSports betting sites are legitimate, and many of them are scams.
Make sure to read reviews and compare different betting sites before you deposit Bitcoin or any digital currency on eSports betting websites without ensuring they are secure.
Features of Crypto eSports Betting Sites
The popularity of these sites has led to their use in a wide variety of industries, including gambling online.
Cryptocurrency-based eSports betting is one of the most popular and rapidly growing forms of gambling on the web.
Here are some of the features that can make a Bitcoin betting site so attractive:
Fiat Currency Is Going To The Background
When you buy Bitcoin and other cryptocurrencies you are eliminating the first issue of fiat money, inflation. This phenomenon slowly erases the acquisitive power of your money.
Now that you use crypto, you can participate in eSports betting sites and not worry about this issue.
Use Crypto On Your Terms
Banks don't like it when they get a warning that you are about to deposit money in crypto betting sites. Fiat is regulated, so any suspicious transaction like that may get an alert. That's why crypto betting sites started transacting Bitcoin instead of other assets.
Cryptocurrency transactions give you complete control over your money to choose where you put it. The only thing you need to worry is about a qualifying deposit on the eSports site you want.
No Geo Restrictions
The best eSports betting sites don't have restrictions for players. You should be able to enter from anywhere in the world unless the country you're in actually has a complete restriction on betting.
Most crypto websites have an intuitive interface so everyone can understand them and play.
One of the most relevant features of crypto eSports betting sites is that you can bet without having to register or reveal your identity.
Fast Payment Methods Accepted
Crypto eSports betting sites accept most of the cryptocurrencies available, like Bitcoin Cash, Ethereum, Bitcoin, Solana, DESU, and Cardano, among others.
These networks are fast and allow you to complete transactions faster than with other methods.
Games at Crypto eSports Betting Sites
There is a wide variety of games for betting with cryptocurrencies nowadays
All of them have a common goal: to have fun, profits, and an incredible experience. However, these games can also be a lot of fun and you can use them as a hobby.
Since we care that you bet on the best Bitcoin eSports betting site, we will show you some of the most popular games you can find.
The most common games are: DOTA 2, League of Legends, CS: GO, Rainbow 6, and more.
Below we have the best games and kinds of traditional sports that you can play at different crypto eSports betting sites.
eSports is still the rising niche in the betting industry. With competitive teams taking this discipline more and more seriously, betting opportunities are available for bettors.
You can participate in several games and place bets according to the odds available on crypto betting platforms.
Some of the video games with professional teams are:
- League of Legends
- Dota 2
- Counter-Strike: Global Offensive
- Tom Clancy”s Rainbow 6: Siege
- Rocket League
All these options are multiplayer video games that have left a footprint in the video game industry. Gamers from all around the world are obsessed with them and they build communities around them, which is where professional gamers are born.
Traditional sports are an important part of crypto betting sites. These disciplines are well-known from other platforms since the way of betting on these options hasn”t changed at all.
The odds you find in crypto sports betting sites are based on real matches that you can find online. You can see them on TV or through sports streaming services.
Some of the sports that you can find in eSports betting sites are:
- Football Soccer
- American Football
These are great betting opportunities for both experienced and new gamblers. In comparison to eSports, you probably already have knowledge regarding the teams that play in the matches you”re going to bet.
Virtual sports are trying to become the new way of simulating sports games. These are A.I.-generated sports matches that are decided using RNG (Random Number Generators), which makes them similar to slots.
They are usually based on real sports teams and events that actually take place in the real world. The difference is that they don”t use real names or numbers. On the contrary, they created made-up names for both teams and players.
You can think of this as if it is the new “fantasy football” games that you used to find out there on the internet. They are meant to give you an immersive experience of the sports event in a virtual way.
You can place bets according to the odds and watch how the game develops.
Some of the disciplines available for virtual sports are:
Live Sports Betting
Live sports betting is a non-common way of betting in decentralized betting sites. However, it is now one of the most important and growing betting opportunities that you can find on platforms if you want to have an incredible online sports experience.
In these kinds of events, you can place bets while watching how the game develops. This way, you can choose if you bet for a team, a player, or even a specific score according to how the match is going.
How to Bet at Crypto eSports Betting Sites?
Crypto eSports betting is a great way to make some money while enjoying your favorite eSports matches. However, it can be difficult to know where to start.
Here in Dexsport, we'll show you the recommended way to start in the eSports betting industry:
- You will need to create an account with a reputable crypto eSports betting site.
- Once you have registered, you will need to deposit some Bitcoin (or any other supported cryptocurrency) into your account.
- You will need to find an event that you would like to bet on. The majority of crypto eSports betting sites offer odds for a wide variety of eSports events and betting options. Make sure to do your research and find the best odds available.
- Enjoy betting and start making money fast.
If you don't have cryptocurrencies available in your wallet, you can get some in a crypto exchange like PancakeSwap.
How to Bet on eSports at Decentralized Betting Sites?
With decentralized sports betting, there is no need for traditional bookmakers. Instead, the betting platform is based on an open-sourced blockchain model. This allows for a more secure and transparent way to bet on sports.
The decentralized nature of our sports betting platform, for example, allows anyone to contribute to improving it. The people who create the markets and set the odds are the ones who stand to profit from it.
Those who want to participate can choose whether to bet against the person who created the market or not. The platform doesn't charge high fees, typically taking only 1% or less of the total bet.
We recommend starting betting on a decentralized betting site like Dexsport. Our platform offers immediate benefits and just by registering and starting to place bets you will know all these benefits and you will start earning extra money quickly.
To start betting on a decentralized betting site, you will need to:
- Look for a crypto betting site.
- Sync your wallet to the website.
- Bet with your own cryptocurrencies or bet credits to try out the platform.
These websites don't need you to create an account.
Yes, it is legal.
However, the legality of gambling with cryptocurrencies varies from country to country. In some countries, gambling with cryptocurrencies is perfectly legal, while in others it is illegal or restricted.
In the United States, for example, gambling with cryptocurrencies is legal in some states.
The games that you can bet on will depend on the site that you are using. Some of the most popular games that you can bet on include Dota 2, Valorant, CS:GO, different kinds of sports, casino games, and poker.
Sports betting is one of the most popular types of gambling. You can bet on a variety of sports, including football, basketball, cricket, and horse racing.
Cryptos betting sites are a new and exciting way to enjoy watching your favorite eSports while also having a chance to win some money.
However, with so many different sites to choose from, it can be difficult to determine which site is the best for you.
Here we show you a few tips to help you find the best crypto eSports betting site for you:
- Compare the features and benefits of different sites to find one that has everything you are looking for.
- Look for a site that offers a wide variety of bets. This will give you the most options when it comes to placing your bets.
- Make sure the site has a good reputation. There are a lot of shady gambling sites out there that want to steal all your money.
Cryptocurrencies are slowly but surely making their way into the world of eSports betting. More and more eSports betting sites are starting to accept Bitcoin, Ethereum, Litecoin, and other popular cryptocurrencies as payment methods
Below is a list of some of the most popular cryptocurrencies that are accepted by eSports betting sites.
- Bitcoin Cash
Yes, you can bet on eSports with a decentralized betting platform. In fact, there are a number of reasons why decentralized betting platforms are a great option for eSports betting.
You can find your favorite eSports betting site and start betting just by going to a Bitcoin exchange, funding your account, and synching it to the platform.
In the case of Dexsport, you should use our native token DESU to participate in betting activities.