League of Legends Betting Sites

League of Legends Betting Sites

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Looking to bet on League of Legends, this page will provide you with all the information you need. We have listed the best betting sites for LoL, explained how to get started placing bets on the game, and gone through the details you need to know about when betting on League of Legends online.

Top 5 Sites for LoL Betting

100% bonus up to
€/$200
Bonus code: EBF200
5.0
Home to most eSport bonuses
GGBET
100% bonus up to
€/$250
Bonus code: EBETFINDER
5.0
Cyberbet
No welcome bonus available
Low margins (high odds)
High bet limits
5.0
Pinnacle
100% bonus up to
€/$50
Low wagering requirement!
5.0
Unibet
Free bet bonus up to
€/$30
5.0
Betway

Which League of Legends Betting Site Is Best for Bonuses?

Among all of the betting sites for LoL that we have encountered, GGBET stands out for providing the most bonuses. They are constantly offering players deposit bonuses, cashbacks, free bets and risk-free bets. The wagering requirement of their bonuses is also not tied to real money, which means that real money can be withdrawn without fulfilling the wagering requirement.

Which LoL Betting Site Has the Most Markets?

Based on our comparisons, Betway has more markets than other betting sites for LoL. With many matches, the selection is about the same for them all. However, with big events, such as the world championship, Betway tends to offer plenty of special markets that other League of Legends betting sites don’t. The reason for this is that they have their own team of odds compilers that come up with their own betting options.

Which League of Legends Betting Site Has the Best Odds?

Pinnacle claims to have the best odds on Leauge of Legends and other eSport games, which we have found to be true on many occasions. However, our expertise also tells us that the odds tend to be similar between LoL betting sites and it is not always Pinnacle that comes up on top providing the best ones.

New LoL Betting Sites

Below, we have listed the newest League of Legends betting sites that we have reviewed and added to our platform.

100% bonus up to
€/$122
+ 0.3% rakeback on bets!
4.5
22Bet
100% bonus up to
€/$150
Low wagering requirement!
4.3
Ivibet

How Does It Work to Bet on League of Legends?

Betting on League of Legends can either be super simple or more complex. It’s all up to you how you want to experience it. To get started, all you have to do is follow these 10 steps:

  1. Visit a betting site for Leauge of Legends.
  2. Sign up for a betting account.
  3. Fund the account with money.
  4. Navigate to the eSports section.
  5. Select League of Legends to see all tournaments playing.
  6. Select a tournament to see all matches available.
  7. Choose a League of Legends match to bet on.
  8. Pick the team you think will win the match.
  9. Enter the amount of money you want to stake.
  10. Confirm the bet.

If you chose the right team to win the match, the LoL betting site will pay out money to your account shortly after the match is over. This money will be based on the amount you staked as well as the odds of the bet.

Odds

When you bet on a League of Legends match, the two teams will have odds displayed, which could look like the following:

JD Gaming: 1.25 | G2 Esports: 4.00

These are decimal odds, but odds can also be displayed in other formats, such as fractional and American.

Betting €10 on JD Gaming, these odds show you that you would win €12.5 (1.25 * €10) if they win the match. Likewise, betting €10 on G2 Esports, the odds tell you that you would win €40 (4.00 * €10) if this is the team that wins.

Markets to Bet On

Markets are a term for the different betting options you will find for League of Legends. While betting on the team to win a match is the most common market, there are many more you can find. Here is a list of some of the markets you are likely to come across when betting on a League of Legends match:

  • Map winner
  • Correct map score
  • Total maps played
  • Total kills made
  • Total dragons/barons slain
  • Total towers destroyed
  • Team to slay first dragon/baron
  • Team to destroy first tower/inhibitor
  • Team to draw first blood
  • Team to score a penta/quadra kill

Outrights

Outrights are additional markets that you will come across on LoL betting sites. These do not apply to the results of a specific match. Instead, they are markets that apply to the results of an entire tournament. Here are some examples:

  • Team to win the tournament
  • Team to place in the top 2
  • Region of the winning team
  • Player to deal the most damage
  • Player to earn the most gold
  • Player to get the most kills
  • Side that wins most matches
  • Side that destroys most towers
  • Total gold earned in the tournament
  • Time of the shortest/longest map

Bet Types

When betting on Leauge of Legends, there are three different ways to place your bet after selecting the markets you want to bet on:

  • Single bet
    This bet type treats all selected markets individually. You choose a stake for each and for each market you win, you get paid based on the odds.
  • Combination bet
    This bet type combines two or more markets. This will multiply the odds of the markets with each other, making potential payouts a lot higher. You only choose one stake and in order to get paid out, you must be correct on all of your predictions.
  • System bet
    This bet type allows you to place several different combination and single bets out of the markets you have selected. It will automatically create several bets for you, using different combinations of markets in each.

Early Cashout

Early cashout is a common feature at LoL betting sites. It can be used on a placed bet while the match for that bet is playing. Doing so, you are able to get money from the bet even though the match has not finished.

If you’re bet is looking to win when you cash out, you would make a profit, but earn less than you would if the match finished and you won. If the bet is losing at the time of cashout, you would get some of the money you spent on the bet back, but not all of it.

Promotions and Betting Bonuses

Betting on League of Legends, there are many types of bonuses that you can claim which can reduce your losses or increase your profits. More or less all betting sites for LoL offer bonuses in order to attract players, some more than others. For instance, a welcome bonus to new players is almost always present.

The types of bonuses you can find for LoL include the following:

  • Matched deposit bonus (extra money on your deposit)
  • Cashback bonus (money back if a certain period ended in a loss)
  • Free bet bonus (a bet to place on any LoL match worth a certain amount of money)
  • Risk-free bet (money back if the bet placed is lost)
  • Competitions (compete on a leaderboard for various prizes)
Learn more about eSport bonuses

Payment Procedures

In order to place bets on League of Legends, money must first be transferred to the LoL betting site. When it comes to this and cashing out winnings made from your bets, there are four things to keep in mind:

  • Payment methods
  • Fees
  • Verification
  • Withdrawal speed

Payment Methods

The options you can use to deposit money to a League of Legends betting site can vary widely from one to another. There are those that would only offer Bitcoins and other cryptocurrencies.

However, in general, most betting sites for LoL will support many of the common payment methods that are used globally, such as:

  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • ecoPayz
  • MuchBetter
  • AstroPay
  • Bitcoin

In addition to this, it is common for country-specific methods to be available, such as Trustly, Interac and UPI. However, the availability of these greatly depends on the target markets that the betting site has. For instance, not all would be targeted towards Indian players, thus not offer UPI.

Fees

Before depositing money to a League of Legends betting site, it is a good idea to check if they have any fees on their monetary transactions. These days, it is very unusual that they do. However, some betting sites for LoL do in fact charge a small percentage, such as 2% – 5% of the deposited or withdrawn amount.

Verification

Proving your identity and place of residency is a requirement that all legitimately licensed League of Legends betting sites have. This is to prevent things such as fraud and underage gambling.

Verification is not needed on deposit but will be required upon cashing out winnings. It’s a one-time process that involves uploading a photocopy of an ID and proof of address to your betting account.

Withdrawal Speed

When cashing out money from a League of Legends betting site, the time that it takes to receive it depends on the following two factors:

  • How fast the LoL betting site is processing withdrawals
  • The payment method that was used to withdraw with

Most betting sites for League of Legends will handle a withdrawal request within 24 hours. However, there are those that do it within just an hour and also those that could take up to three days to process it.

Once the site has sent you your money, the transaction time of your payment method will determine how fast you receive it. While e-Wallets like Skrill have no transaction time at all, debit cards have a time of 2 – 5 bank days.

License and Legitimacy

When choosing a site to bet on LoL, its license is often proof of its legitimacy. Being licensed means that an organization is overseeing them. It also means that the site is following the rules that come with the license. Many of these rules are put in place to protect players.

However, not all licenses are as reputable. Some come with more stringent rules than others. Among global licenses, the best ones that LoL betting sites can have are:

  • Malta Gaming Authority
  • Gibraltar Gaming Commission

A license from Curacao Gaming is also common and in many cases, Curacao-licensed LoL betting sites are perfectly safe. However, the organization in Curacao doesn’t oversee their sites very well.

Many country-specific licenses also exist these days, such as the UK Gambling Commission. These licenses tend to be top-class with strict rules as countries usually want to protect their own residents.

Biggest League of Legends Events to Bet On

The way that League of Legends is set up with its tournaments, there are always a ton of matches to bet on at LoL betting sites. Various leagues in regions all around the world are playing most of the year, which leads up to the World Championship held during Autumn.

The most popular leagues and tournaments in League of Legends include the following:

  • LoL World Championship
  • League of Legends Pro League (LPL)
  • League of Legends Champions Korea (LCK)
  • League of Legends European Championship (LEC)
  • League Championship Series (LCS)
  • Pacific Championship Series (PCS)
  • League of Legends Circuit Oceania (LCO)
  • Vietnam Championship Series (VCS)
  • Mid-Season Invitational (MSI)

FAQ

Can I bet on League of Legends from my mobile phone?

Yes. Betting on League of Legends is just as simple from a mobile device as it is from a desktop computer. Mobile players are often prioritized, which means that most betting sites for LoL are designed to work flawlessly for mobile users. Some operators have also developed betting apps that can be downloaded.

Is it legal to bet on League of Legends?

It is legal to bet on League of Legends in most countries. However, all countries have their own laws and in some, placing bets on LoL and other sports is in fact a criminal offense. We recommend checking with your local authorities if you aren’t sure of your country’s laws.

Can I use betting strategies to make money on League of Legends?

There are two strategies that can be used to make money on League of Legends. The first one requires good knowledge. You make a prediction of a match’s result and only bet on odds that would be in your favor based on those predictions.

The other strategy is arbitrage betting which requires no knowledge. With this, you put two LoL betting sites against each other. At one site, you bet on team A to win, while betting on team B at the other. If the odds and stakes are right (there are calculators for this) you would be guaranteed to make a profit no matter which team wins.

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