Esports is known for many things, a thrilling atmosphere, a fast-paced series of tournaments, and a high level of professionalism. But among these other elements, Esports is also known in the betting community as a potentially very lucrative and enjoyable betting market. This report will give you the complete rundown on the League of Legends betting market, including the following points of information:
- What the best League of Legends betting sites are.
- What type of bets you can place on LoL.
- How you place bets on League of Legends games/events.
Full List of the Best Betting Sites for LoL
Due to its unprecedented level of popularity amongst the gaming public and the betting public, the vast majority of online sportsbooks will have at least some form of LoL betting market available on their website.
League of Legends is popular around the globe; that is why you will often find it featured on bookie sites located across the world. From the UK to Europe, the US to Asia, if an online bookmaker is operating, they will probably have League of Legends betting options. Some of the best LoL betting sites include Bovada, Betway, and Bet365. The League of Legends betting odds are always great on these sites, and they often feature quite a few different and unique LoL betting markets.
If you search for the best League of Legends betting site, you should keep your eyes peeled for operators that provide you with a decent supply of promotional offers. Popular promotions that can often be used with LoL betting include free bet offers, no deposit bonuses, and matched deposit bonuses. Free bet offers are an outstanding offer to use in conjunction with League of Legends betting as they give you a low-risk opportunity to get used to the website and the League betting market.
League of Legends Odds
A significant factor in deciding which bookmaker to use is their range of LoL betting odds. Simply put, if their League of Legends betting odds are not worth the money you will spend, you should not be using that site.
Generally speaking, the leading operators (such as those mentioned above) usually have good League betting odds. These odds are bound to have been researched thoroughly by a team of professionals with a tremendous amount of experience in that particular betting field. If you are new to online betting, it may be tricky to understand what the odds mean. Thankfully, many online sportsbooks offer a free odds calculator that directly tells you how much you could make using those odds.
Popular Types of Bets on LoL
The League of Legends betting market is a huge one, with many different bets being available at various operators. It will come as no surprise to those who follow League of Legends or play it themselves as they will be fully aware of the game’s vast popularity. From predicting outright winners to making proposition bets and everything in between, the League of Legends betting market should keep you invested for a while.
Often considered to be the simplest form of LoL betting, a moneyline bet sees you predict the winning team/player of the game or match. If the bettor predicts correctly, then they win the bet. A moneyline bet is often depicted with either a plus (+) or minus (-) symbol next to its odds. These symbols represent how much money the bettor will need to place to win $100. For example, a minus means how much money you need to set, so odds of -120 would require you to place a $120 bet to win $100.
Handicap (Spread) Bet
Handicap, or spread betting, is another prevalent form of LoL betting. This type of bet sees a player try to predict how much a team will win by. For League of Legends, a spread bet example would indicate how many captures the winning team must have won by. Alternatively, bettors can also often predict how many points a team must not lose by.
League of Legends totals bet, also referred to as an over/under bet, is essentially where the bettor predicts if a game’s point total will be lower or higher than what that specific sportsbook is predicting. For example, if Betway predicted that Origen would win with a total of 10 captures, you could either bet that they would achieve a higher score or a lower score. It is the right place for new bettors to learn the LoL betting market’s general trends due to its relative simplicity.
A props bet (proposition bet) is where a player makes a prediction about a match that does not revolve around the overall score or outright winner of the game. A proposition bet can cover a wide range of betting topics such as how many kills a team or player achieves, how many captures an individual player gains, or how many ability powers are used by a particular player during the match.
A straightforward form of betting requires quite a bit of prior knowledge on the event; outright betting can be very easy for new bettors to grasp while also being deceptively difficult for new bettors to succeed. An outright bet predicts who will win an overall competition or tournament. For example, an outright bet involving League of Legends would be predicting who will win the entire World Championship event.
An accumulator bet is when a bettor makes a series of predictions on several different games in the same betting market. An example of this would be if a player placed a series of bets on the World Championship, such as a few totals bets on the matches leading up to the final of the event and an outright bet on the winner of the Championship. The accumulator bet is only successful if all of the wagers within the series are individually successful. The stakes are high here, if you lose one bet in the series, it’s all over, but if you win them all, your payout could be massive.
Bet of the Day
Many online sportsbook operators feature a “Bet of the Day” on their website. In very basic terms, this bet of the day is when an operator heavily advertises one particular betting fixture on their site, endorsing the fixture as an incredibly likely one to occur. These bets of the day can often be a good way for new bettors to earn a small bit of cash on the side to use for subsequent bets. However, it should be noted that a League of Legends bet of the day is pretty hard to come by, often not being featured on many of the standard sportsbook websites.
How to Bet on League of Legends
Placing a bet on League of Legends should take you only a few minutes, thanks to the straightforward process employed by many online bookies. To access all of the LoL odds available on a sportsbook site, register an account with the operator, login, and head to the “Sports” section of their site.
Esports bookmakers will often feature League of Legends on the front page of their site or app, but if you are using a sportsbook that is not primarily an Esports betting site, you will need to dig a little deeper. Head to the A-Z list of sports betting options and click on the “Esports” tab. From here, you should be able to find League of Legends. Once you are done browsing the options available to you, select a fixture, and follow the instruction on your virtual betting slip, usually located on the right side of the screen.
Pre-match betting is a popular form of LoL betting. It is exactly what it sounds like; you place a bet on various LoL markets before a match has begun. These pre-match bets can be on a variety of topics ranging from what skins a team or player will use in the game to predictions around what tactics will be used within the match. This particular form of betting is popular amongst more seasoned LoL bettors as it is more unique and varied than traditional forms of League of Legends betting.
One of the most popular forms of online betting amongst modern bettors is live in-play betting. For those unaware, live betting is a feature used by many leading online bookmakers that allows a player to place a bet on a currently in-play game or match. This form of betting is particularly popular with those who bet on Esports as it manages to capture the thrilling atmosphere of the Esports tournament scene.
What would an Esport game be without its tournaments? Thankfully, League of Legends doesn’t need to find out as it has a truly staggering number of official tournaments associated with it. By far, the most popular LoL tournament is the World Championship. It sees players worldwide try to take the title of League of Legends World Champion, along with a multi-million dollar prize. The LoL Worlds odds are usually some of the best on the market due to its incredibly high level of popularity amongst all types of bettors.
Popular Payment Options
Online betting is more popular than ever. The betting public now consists of a diverse range of bettors, each with their preferences and play styles. Similarly, each bettor has specific financial circumstances that need to be met by an operator. That is why many leading operators offer a range of different payment options on their sites. Some of the most popular options are PayPal, VISA, MasterCard, bank transfers, and even Bitcoin payments on some sites.
LoL Betting Picks
In general, a betting “pick” is when a game has no favourite to win. It can often be seen in League of Legends in the starter tournaments, where each team is very new to the professional Esports industry, making it difficult to predict a winner due to their lack of prior experience. All a bettor needs to do for this type of match is predict who will win. While this may be a very thrilling and exciting type of bet, it is also a very high-risk one.
How to Use a League of Legends Betting Tip
A betting tip can be an excellent way to get the upper hand in the betting market. League of Legends betting tip is essentially where a third-party source such as Dote Sports makes a prediction about an upcoming LoL game. As this source will likely have greater knowledge on the subject of LoL than your chosen sportsbook does, you will often be able to play the odds effectively. These LoL bet predictions can help you to make more informed betting decisions in this specific betting market.
LoL Betting Strategies
The League of Legends betting market is vast. For new bettors, the staggering amount of LoL betting options and fixtures can often be very intimidating, especially for unfamiliar with the game’s inner workings. It is where betting strategies come into play. A bettor can use specific LoL betting strategies to narrow their betting field and better understand how to place a successful bet. One of the key strategies is to choose one specific LoL betting market that interests you and stick to it. Learn everything you can about that market to make more informed and hopefully more successful bets.
Mobile Betting Apps
Mobile betting is the new norm for many online bettors. Simple, easy to use, and convenient, mobile betting has become the dominant form of online betting for many modern players. You no longer need to drive to your local betting shop and wait in a long queue. Instead, an entire world of online betting is right there in your pocket wherever you go. The best operators will provide a free mobile betting app that can be used whenever and wherever, bringing a high-quality experience to the comfort of your hand.
Many of the leading operators that offer live betting services on their website or app also allow their player-base to live stream some of the most popular League of Legends events. To access this, place an in-play bet and click on the small TV logo on the fixture.
League of Legends Overview
There is a lot to talk about when it comes to the League of Legends betting scene. Just in case you missed any of the key points, the list below has summarised a few of the most important aspects of the LoL betting market:
- Some of the most popular LoL events include the World Championship, the All-Star tournament, and the Pro League.
- Some of the best LoL players of all time include Doublelift, Perkz, Caps, and Faker.
- League of Legends can be played on PC, laptops, and mobile devices.
- LoL is particularly popular in the UK, China, and the US.
- Some Esports games that are similar to LoL include Dota 2 and Heroes of the Storm.
- Some of the best League of Legends betting sites include Bovada, Betway, and Bet365.
Esports betting on League of Legends is both extremely exciting and often very rewarding, as long as you play the odds right. To ensure that you are placing well-informed bets, make sure that you closely study the LoL betting market, making a note of the general trends. Once you are ready to begin, head over to one of our recommended LoL betting sites.
Frequently Asked Questions
- Where can I bet on League of Legends?
Due to its incredibly high levels of popularity, League of Legends is a betting option that is frequently featured on the vast majority of online sportsbooks. LoL is particularly popular during large-scale Esports events like the World Championship, in which practically every bookmaker has at least some form of LoL betting market available. The best League betting sites include Bovada, Betway, and Bet365 due to their excellent odds and wide range of LoL betting markets.
- How do you read LoL betting odds?
League of Legends odds essentially functions in the same way as any other sports fixture. If you are unsure how to read LoL betting odds or are entirely new to the online betting industry, you needn’t worry, as many online sportsbooks now include a built-in odds checker that does all of the heavy lifting for you. Just enter the amount you wish to bet, and the odds checker will show you your potential returns on that fixture.
- What is the League of Legends betting spread?
League of Legends matches are always carried out in a best-of-three format. It means that the spread will always be set to +/- 1.5. The favorite team of that match will have 1.5 points taken away from their score, while the game’s underdog will have 1.5 points added to their overall score.
- What does map 1 mean in LoL betting?
In LoL terms, a “map” is another term for a match or game. It means that “map 1” would be the first match of an event or tournament. Betting on map 1 will often mean betting on the first match of a series of games.
- Why is League of Legends so popular?
League of Legends has maintained its incredibly high level of popularity for over a decade. Many industry experts point towards its inherent simplicity and accessibility as the primary determining factors in its wide success. LoL is technically a straightforward game to play, yet it is challenging to master, making it very addictive as you feel as though you are constantly progressing. League of Legends is also completely free to play, which means that basically anyone can play it as it is available on desktops, laptops, and mobile devices for no extra charge.