(Newswire.net — May 27, 2020) — The betting industry has gone through an interesting change over the years, especially as it concerns Esports.
The betting industry has evolved from an unregulated, yet lucrative job to a more guided and regulated industry.
Prior to now traditional betting operators were few, and Esports bookmakers were not a thing. Right now there are so many big bookmakers offering odds on large and small Esports events round about the world.
The sport gambling industry has moved far from its simple early years to a major market. With an endless list of Esports to follow, and an impressive number of sport betting sites everywhere, the industry shows an amazing sign of growth.
Let’s go further to understand Esports betting and what it entails.
New Esports Bettor?
If you are a new Esports bettor you would have a lot to catch up on as it concerns your E sports career.
More than just familiarizing yourself with the popular esports franchises, you would need more information to avoid having a rough start in betting.
Esports betting sites
Rewind a few years back you would only find a few places where you could place your bet on sports but right now there is an explosion of betting sites with a massive list that you probably couldn’t go through.
While this is some development, it brings with it a challenge- identifying what sport betting site is a fake and what isn’t.
While we cannot begin to list out all the fake and legitimate betting sites, we can give you best advice on how to choose a good and legitimate Esports bookie.
Here are a few criteria to confirm about a betting site before you place your bet.
- Betting Licenses
Before you bet make sure that the company is registered and has been given a license in the country of operation. Depending on the country of operation there are different types of licenses. What this means is that when you gamble with these companies you are guaranteed credibility and transparency in their dealings.
- Website Experience
When choosing websites, opt for sites that are easy to navigate, interactive, and show betting procedures that are easy to understand and follow.
Highly interactive websites attract customers to a bookie’s website and good user experience will keep such customers.
Make sure you don’t need to watch video tutorials to understand a website before you can navigate it. Your journey through the site should be fluid and simple.
- Payment policy
An Esport bookie’s withdrawal policy is a very important feature to consider as it concerns when and how you can access your winnings.
Many sites might offer bonuses and promotional offers but have the worst possible policy as it concerns withdrawing winnings.
The first thing to consider is the minimum withdrawal amount and how reasonable it is. Some sites have really high minimum withdrawal rates which would affect a regular bettor.
Another thing to consider is withdrawal charges. Most bookies offer different fees for different withdrawals and leave it open to choice. However, some others will put up outrageous charges across different transaction options.
To save yourself from such sticky situations you must look out for low transaction fees and low minimum withdrawals.
Pay proper attention to payment policies and read through so you are not caught unawares.