Ever found yourself in the Esports section of your go-to crypto casino and noticed ‘LoL’ crowning the betting options? And, by the way, it doesnât stand for “laugh out loud”; ‘LoL’ is short for League of Legends, a heavyweight in the world of Esports.Â
It sits proudly alongside the likes of Dota 2, CS:GO, StarCraft II, and Call of Dutyâgames that have not just grown but exploded in popularity in the past few years.Â
Just to give you an idea: The global Esports audience has ballooned from 335 million in 2017 to a staggering 474 million in 2021. Weâre talking about a transformation from casual LAN parties to a booming industry expected to rake in over $1 billion this year alone.Â
These games have moved from the sidelines to center stage, becoming key players in the global entertainment and sports betting arena.Â
Itâs pretty impressive, to say the least!
Now, hereâs the thing. A lot of us are still scratching our heads trying to figure out how the whole betting scene on Esports actually works. And, that’s exactly why I’m diving into this topic today.Â
In all honesty, I can chat your ear off about casinos, live casinos, and sportsbooks, but Esports? Itâs somewhat uncharted territory for me, and yet, I’m truly curious about it.Â
So, letâs dig into every nook and cranny of this global sensation and see why itâs become such a massive phenomenon.
Understanding League of Legends
Alright, let’s break this down.
Back in the day, there was Defense of the Ancients, a specialized map created for Warcraft III.Â
It was a hit, and that got the folks at Riot Games thinking, “Hey, why not make our own game?” So they rolled up their sleeves and after four long years of typing and tweaking, boomâLeague of Legends burst onto the scene in 2009 and it was love at first play for gamers everywhere.
Starting with just 40 heroes, or “Champions” as they’re called, the game now features over 160 of these bad boys, each with their own special moves and swagger. Itâs like collecting superhero cards, but way cooler because you get to control them in battle.Â
It’s free to jump in and play, but if you want your Champion to look snazzy or have a few extra tricks up their sleeve, you can shell out a bit of cash for upgrades.Â
But LoL isn’t just another video gameâthink of it as the Olympics of gaming.Â
Every year since 2011, the super-elite of LoL teams come together for the World Championship. It started small with just eight teams and a humble pot of prize money.Â
But, it has exploded.Â
By 2021, 22 teams were duking it out for over $2.2 million, with a whopping 73 million fans watching. Itâs not just a game anymore; itâs a full-blown spectacle.
And guess what? The next World Championship is set to be a blast, happening across Berlin, Paris, and London from September 25 to November 2, 2024.Â
Which means, thereâs still time to get the hang of this beast because there are bets to be placed and money to be made. Â
LoL Rules & Gameplay Simplified
Think of League of Legends (LoL) as a virtual gladiator arena where teams go head-to-head using characters they pick, called champions. The game has a few different ways to play, but here are the main ones youâll hear about:
- Summonerâs Rift: This is the big league mode where professional players spend most of their time. Picture two teams, each with five players, battling it out in a strategic map. Both teams have armies of smaller computer-controlled units, known as minions, helping them out. The main goal? Smash through the enemy defenses and destroy their âNexus,â a crucial structure located at the heart of their base. The first team to wreck the enemy Nexus wins the game.
- All Random All Mid (ARAM): This mode is more straightforward. Everyone gets a random champion, and all the action happens on a single battle lane. Itâs fast, chaotic, and loads of fun.
- Teamfight Tactics: This oneâs a bit different. Itâs more of a chess-like strategy game where you build and position a team of champions to fight automated battles against other playersâ teams.
As you play, your champion gets stronger by earning experience points (XP) from defeating enemy players or minions. You can also buy special items with game currency to boost your championâs powers. Itâs all about levelling up your champion, outsmarting, and outplaying the other team. Essentially itâs about strategising, and aiming to be the last team standing!
LoL Betting Types
Alright, now that we’re up to speed, let’s dive into the various betting options available in League of Legends.
LoL Betting Tips
Here are three savvy tips to keep in mind as you dive into the action:
đŻ Compare Odds and Promotions â Don’t just settle for the first betting site you stumble upon. Online sportsbooks are in a fierce battle for your attention, each offering different promotions and odds. A slight difference in odds can mean a big boost to your bankroll over time, so take a moment to shop around for the best deals and boost your betting value.
đŻ Play League of Legends â Jumping into the game itself offers a unique advantage in eSports betting. Unlike traditional sports, where playing a full-scale game might be out of reach, you can start playing LoL with just a few clicks. This firsthand experience is invaluable for understanding the game’s strategies and mechanics, which can significantly inform your bets. Plus, make sure to watch competitive matches on platforms like Twitch & YouTube to see how the pros do it.
đŻ Monitor Champion Selections â Always keep a sharp eye on which champions are picked in each match. Each champion has unique strengths and weaknesses that can influence the game’s flow and outcome. This insight is especially crucial for prop betting. For example, Caitlyn is notorious for her ability to take down turrets early on, while Olaf can slay dragons swiftly. If you notice a champion that aligns well with a specific bet, it might be a golden opportunity to capitalize on.
How to Place Bets on LoL
Now that you’re familiar with the vast array of League of Legends betting options, let’s get you set up with a solid online sportsbook where you can place your first bet.Â
Hereâs a simple step-by-step guide to getting started at one of my favourites – Wild.io.
Okay, that wasn’t so hard to get a grip on, right?Â
Final Thoughts
From its early days as a Warcraft lll map to becoming a titan on the global esports stage, League of Legends (LoL) has turned into a beast of a game, perfect for both hardcore gamers and those of us keen to spice up our betting experience.
Navigating through the gameâs modesâwhether itâs strategizing your way across Summoner’s Rift, getting a quick thrill from All Random All Mid (ARAM), or tactically maneuvering through Teamfight Tacticsâeach offers its own unique set of challenges and opportunities to sharpen your betting strategies.
The betting scene? Itâs as diverse as the game itself. From no-fuss Moneyline bets to the adrenaline-pumping action of Live Betting, and even placing long-term Futures bets on whoâll dominate at the next big championshipâthereâs a way for everyone to get in on the action.
Now, a personal tip from me: donât rush into placing your bets. Take time to compare odds across different sportsbooks, really dive into understanding the teams and the game mechanics, and keep an eye on how matches unfold and which champions are making waves.
Honestly, this is something Iâm definitely going to give a shot.Â
If I’ve grabbed your attention and youâd like to know more, hit up my Esports page right here for the ultimate lowdown.
Top Bitcoin Esports Betting Sites
What is Moneyline betting in League of Legends?Moneyline betting is one of the simplest forms of betting on League of Legends. You just choose which team you think will win a match. Itâs straightforward and a great entry point for newcomers to esports betting. How does spread betting work in League of Legends?In spread betting, also known as handicap betting, the favored team must overcome a specific point handicap set by the sportsbook. This evens the playing field, making betting more interesting. For example, if the spread is set at 1.5, the favorite needs to win by at least 2 points for a bet on them to pay out. Can I bet on specific events within a League of Legends match?Yes, these are called prop bets, which allow you to wager on specific aspects of the game that arenât directly related to the final outcomeâlike which team will kill the first dragon, which player will draw first blood, or which team will destroy the first tower. What are Futures bets in League of Legends?Futures bets involve wagering on the outcomes of future events, such as the winner of the next League of Legends World Championship. These bets can be placed well in advance of the event, often offering higher payouts due to the difficulty of predicting outcomes far ahead of time. Should I play League of Legends before betting on it?Absolutely! Playing the game can give you a better understanding of the rules, strategies, and champion abilities, which can significantly enhance your ability to make informed bets. Additionally, watching professional matches can also provide insights into team strategies and player performances that are valuable for betting.FAQ
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