Get started with League of Legends betting!
eBetFinder recommends the following places to get started with LoL betting:
The Magic Earth, known as Runeterra was heading for disaster as devastating rune wars went down between tribes. Large armies were being led by Champions, while Summoners used magical powers to force destruction upon their enemies. To prevent the Magic Earth coming to an end, an organization was formed to control and settle the disputes. An organization formally known as the…
League of Legends
Introduction to League of Legends betting
If you’re asking yourself questions like “Where can I bet on League of legends games” or “how to make money playing League of Legends” then look no further. This is the perfect place for your answers!
Out of all the eSport games available, League of Legends is currently the one that is dominating the eSports betting scene. This is to no surprise considering that LoL has a tremendous player base and offers a top notch betting experience. As a lot of players are finding an interest in betting on League of Legends, sportsbook providers and betting operators are putting a lot of effort in providing odds on the game.
With professional matches regularly going down, you can be more or less certain that you’ll always have a wide selection of matches to bet on no matter what eSport betting site you turn to. By choosing one of the top lol betting sites you will however also find a wide variety of entertaining markets. This makes the experience a lot more fun and quite a valuable one for those who are looking for profitable LoL bets.
In the following article we will tell you everything about these entertaining markets, how you’re able to increase your profits while betting and other interesting information about betting on LoL.
Becoming successful in League of Legends betting
We all choose to place bets on League of Legends for different reasons. Some of us just want to get that extra level of thrill and entertainment that it adds to the action packed matches of the professional teams going at each other. Others may be in it to expose and take advantage of the eSport betting sites’ weaknesses to try and make some serious money out of it. Most of us are probably sitting somewhere in-between the two, but no matter what category you’re belonging to, having winning LoL bets is always a pleasure.
To become a successful League of Legends bettor, the first thing you should do is to get as much knowledge about the game as possible. Secondly, you would like information about the tournament which you are about to bet on (if there is one that is), as well as information about the professional teams you’re betting on. To make as much profit as possible, you would also like to consider finding the best possible odds, learning how to manage a bankroll and grabbing the best possible welcome offers. Let us elaborate on all of this.
Riot Games are regularly releasing new patches to League of Legends, which is very important to be aware of. It may be that certain champions were just heavily nerfed or buffed, which may have a huge impact on gameplay and a team’s performance. If it was one or several popular champions in their lineup that got changed, you have to ask yourself how that change will affect the team. Are they good at adapting to changes or will this be a huge disadvantage to them?
These patches could also have an impact on certain markets for live betting, such as which team will kill the next Dragon or Baron. There may have been updates to the game that makes a certain champion more efficient in killing these, which the LoL betting compiler has no idea about. Therefore they may offer odds that will be in your favor. Staying up to date about the game is therefore always recommended as this can give you an extra advantage and increase your profits in the long run.Other than asking yourself how well a team is adapting to major changes, it’s good to know if there has been any changes to the them recently. If a player for some reason has left a team and been replaced by another, this could very well throw of the team dynamics and have a great impact on their performance.
Knowing the tournament or event that is being played and what a win or loss will mean to the team is also very important. Let’s say that we’re betting on a match in a group stage between Samsung Galaxy and Cloud9. Checking the tournament standings it turns out that Samsung Galaxy has already advanced no matter the result, whereas Cloud9 would have to win to have a chance of advancing. In a case like this, Samsung Galaxy might not care that much about the game and could try some new, risky strategies, whereas Cloud9 will probably bring their A-game.
If you really want to make money with lol betting as efficiently as possible, then you should consider having a dedicated bankroll and storing this on an e-Wallet such as Skrill or Neteller. Having a bankroll for eSports betting is the perfect way to have control over the money that should be spent on League of Legends betting. You’re supposed to keep this separated from the rest of your economy and set limits to it so that you don’t spend too much of it on one single LoL bet. The reason for storing the bankroll on either Skrill or Neteller is so that you can easily make fast transactions between several eSport betting sites.
Now why should you use several LoL betting sites? Well, if you really want to make money with LoL and you have some time to spare, you would be interested in placing your bets with the LoL betting site that offers the best odds. In addition to this you’ll be able to take part of several different welcome offers, which is usually the easiest way to boost your profits as long as the bonuses have the right terms and conditions.
To find out more about using a bankroll, the pros of e-Wallets and what exactly the right terms and conditions are for a bonus, head over to our betting guides and you’ll learn all about it! If you’re just interested in finding the most valuable welcome offer, we also have a dedicated section for the best possible LoL betting bonus.
Markets for betting on League of Legends
Even though more or less all eSports betting sites have a great match coverage of League of Legends, the amount of entertaining markets offered is varying a lot from one site to another. While Arcanebet and ggBET are both doing a good job with markets, Bet365 is by far the LoL betting site that has the best variety, closely followed by Betspawn and Betway. Below you’ll find a list of all the markets you might come across while betting on LoL. Please bear in mind that all of these won’t always be available.
- Match winner
- Map winner
- Correct map score
- Over/under total maps
- Over/under total kills
- Over/under total time
- Over/under total dragons slain
- Over/under total barons slain
- Over/under total towers destroyed
- Odd/even total kills
- Team not to lose any map
- Team to not win any map
- Team to win at least 1 map
- Team number of maps won
- Team to slay first dragon
- Team to slay first baron
- Team to slay first rif herald
- Team to destroy the first tower
- Team to destroy the first inhibitor
- Team to get most kills
- Team to get most kills (handicap)
- Team to draw first blood
- Team to score a penta kill
- Team to score a quadra kill
- First team to get a No. of kills
- Both teams to slay a baron
- Both teams to slay a dragon
- Both teams to destroy an inhibitor
- Player of the tournament
- Team to reach the finals
- Tournament winner
- Group winner
- Region winner
The future of LoL betting
If you love betting on League of Legends as much as we do or if it’s a newfound interest of yours, you’ll be happy knowing that the future for it is looking extremely bright. Although eSports betting is still in its very early phase, being quite a new phenomenon compared to traditional sports, there is already plenty of bets on League of Legends available.
More or less all eSport betting operators are covering the game and amongst the top LoL betting sites there is a huge variety of different markets, which is almost as good as bets for popular soccer games. As the eSports industry is growing and setting new records every year, we’re expecting that most eSport bookmakers will increase their coverage of LoL even further. Up until now this is exactly what’s been happening and we don’t see anything stopping this from continuing.It’s uncertain when the first bet on League of Legends was offered, but what we do know is that Pinnacle, one of the first major eSport operators, had their first bet taken on the game in the Autumn of 2011. Since then there’s been a tremendous increase in the amount of bets taken. If we’re looking at number released by Pinnacle, it took them about a year to go from their first 100,000.00 bets to their first 500,000.00 bets. To put this in perspective, it only took them four months to go from 4 million bets to 5 million.
All of these bets are not only taken on LoL, but other eSport games as well. However, considering that League of Legends has a huge player base and is in fact the most popular choice to bet on, it’s fair to say that a large portion of these bets were indeed taken on LoL. This is clearly showing a growing interest in betting on League of Legends, which eSport betting sites of course will be picking up on.
As a lot of LoL betting operators are doing a great job with offering matches on the game, we probably won’t see that much of an increase in the match coverage. We are however expecting a lot of them to step up and offer a wider selection of entertaining markets. There probably won’t be any new type of markets introduced anytime soon, which means that the ones listed further up on the page are what you can expect. This means that eSport betting sites that are already doing an exceptional job with these, such as Bet365, probably won’t improve that much in the near future. All of those that are currently only offering bets on match winner and handicap, we do however expect to see a huge increase from.
Another thing to look forward to in the future is promotions focused around eSports and League of Legends. As eSports betting is still in an early phase, this is currently very rare to find. The eSport operator EGB is somewhat leading the way as they have a unique draft promotion for Dota 2 betting. We have however yet not come across any League of Legends focused promotion, but there will certainly be such to find in the future.
How bets on League of Legends can improve the scene
Whether you’re placing bets on League of Legends just to get an awesome form of entertainment, adding that extra level of excitement to the action in the professional matches, or are in it to try and make some serious cash, you’re actually improving the competitive scene at the same time. The more we’re betting, the more we’re contributing to the growth of the scene.
As mentioned before, betting on League of Legends is quite a new phenomenon compared to traditional sports and many eSport betting sites are therefore not that focused on it. With that being said, we are of course seeing a lot of bets being offered on LoL. There are however not many marketing campaigns around it, because a lot of operators don’t feel like it’s worth the time and money. Every time we’re placing our bets, we are however signalizing to the industry that there is an interest for betting on LoL and when this interest gets big enough (that is when enough bets are being placed), the operators will notice this and take action.All of the League of Legends betting sites are competing against each other, so if there’s a big number of potential League of Legends bettors out there, they of course want to reach us and have us bet at their site and not at any of their competitors’. The easiest way to reach out to us is by simply advertising. As we’re mainly watching streams, youtube and downloading our movies and series, TV commercials isn’t really the way to reach us. It’s also extremely expensive.
So how do they reach us? They do it by making sponsorship deals with the professional teams. This way their logo can be seen on the players’ outfits, which we will notice every time we’re watching a match go down or an interview with a player. These sponsorship deals result in the organizations getting an economic boost, hence improving the competitive scene. The more popular betting on League of Legends get, the bigger this economic boost will get as more and more eSport operators will be interested in making such deals. This makes it possible for the teams to negotiate up the prices.
Even though the whole process of eSports betting is in an early phase, sponsorship deals like this has already happened. The LoL betting site ggBET has for instance formed sponsorship deals with several teams, such as Team Fnatic.
We hope you enjoyed the article. If you liked it, please feel free and share it with your friends.