+

Thank you for subscribing!!

Don't forget to check your inbox to confirm your subscription.

League of Legends Betting for Real Money

On November 3, 2018, over 23,000 fans filled the Incheon Munhak Stadium in South Korea to watch an exciting championship series involving Invictus Gaming and Fnatic. On top of those who attended in person, nearly 100 million people watched the live action  on streaming services like Twitch, YouTube, and Yahoo TV. That viewing audience easily eclipsed the 43 million viewers who tuned in to watch the championship series the year before.

So, what type of championship did these people so enthusiastically witness? A lot of people might think it was the Super Bowl, a FIFA World Cup finals or any of the other major sporting events that attract such huge numbers of viewers but those people would be wrong. The event that garnered so much global attention was actually the League of Legends World Championships. Held in various venues throughout South Korea, the 2018 League of Legends World Championships featured 24 elite teams who competed for their share of the $6.4 million prize pool that was up for grabs. In the end, Invictus Gaming prevailed and took home nearly $2.5 million for their efforts while Fnatic settled with a cool $870,750.

What Is League of Legends?

Some people might call League of Legends a video game but it has become known as an eSport in recent years. In fact, LoL is the most popular eSport on the planet and it rivals many mainstream professional sports in terms of revenues and viewership. League of Legends also draws a lot of betting action and it’s a standard offering at online betting sites all over the world.  The game was created by Riot Games and released in 2009. By 2014, an estimated 67 million people were playing every month with about 27 million of them playing on a daily basis.

Inspired by Warcraft III and DOTA, League of Legends is a multi-player online battle arena (MOBA) in which teams compete against each other on one of three maps. The object of the game is to defeat the enemy’s defenses and destroy their main building which is called a ‘Nexus’. Each player on a team controls a character, or ‘champion’ that possesses a unique set of abilities. There are 143 different champions with a few examples being marksmen who specialize in inflicting physical damage, mages who have magic skills, and tanks which absorb damage for their team. Each champion gains strength and experience as the game progresses and they can also earn gold by achieving tasks like killing non-player characters or destroying enemy structures. Players can use the gold they earn to enhance their champion’s abilities.

Gambling with League Of Legends

Game Maps

As mentioned, there are three game maps in LoL’s fictional world of Runeterra. Each game map, or ‘Field of Justice’, features different terrain and missions as well as different spells and in-game items that can be obtained. The most popular map is the Summoner’s Rift where two teams of five players try to destroy the opposition’s Nexus. The opponent’s Nexus is guarded by their team along with defensive buildings called ‘turrets’ or ‘towers’. Each Nexus constantly generates ‘minions’ which are non-player characters that advance towards the opponent’s Nexus using one of the map’s three lanes.

The Twisted Treeline map is similar to the Summoner’s Rift but it is smaller in size, has just two lanes, and each team is made up of three players instead of five. There are also a few other minor differences in the bonuses that players earn. The third map, Howling Abyss, has just one lane and no neutral area. Two teams of five players are forced to engage each other in an all-out melee type of match in which players cannot return to their base to recover unless they have been slain. Each map involves employing different strategies and players play various roles and positions depending on which map is used.

If you are interested in watching some of the best League of Legends players in the world, check out Twitch or YouTube where many of them frequently stream their virtual exploits. Those who want to gain further insight into the game and engage in battle on a Field of Justice can download the game for free.

League of Legends gameplayer

Betting on League of Legends

It’s a well-known fact that vast sums of money are wagered on sports every year. It is estimated that sports betting has a global market capitalization of $250 billion with about $39.7 billion of those bets being placed at licensed online betting sites. In 2016, around $5.5 billion was wagered on eSports with League of Legends being responsible for 38% of the market share. Some experts predict the eSports market to rise as high as $12.9 billion by 2020. That could mean nearly $5 billion in bets being placed on League of Legends alone.

Betting on League of Legends is not much different from betting on any other traditional sport. League of Legends has several different leagues running just as many other sports do which makes it something that punters can wager on at almost any time of year. Just as with any other team or individual sport, those who want to bet on League of Legends can wager on a straight up winner of a match, series, or even a tournament. Punters can wager on which team kills the first enemy inhibitor or which team destroys the first defensive structure.

Tournaments usually involve a head-to-head series format such as a best of five to determine a winner which enables punters to make handicap bets. Those who placed their money on Invictus Gaming -1.5 in the 2018 League of Legends World Championship finals were winners as Invictus Gaming swept Fnatic 3 games to nil. Some bookmakers even offer odds on an individual player’s performance and don’t forget about all the live betting you can get in on. If you want to place wagers on League of Legends but you don’t feel confident enough to commit your own money, then you can take advantage of the many no-deposit bonuses that are currently being offered.

LoL Leagues and Major Tournaments

There are 13 League of Legends professional leagues that run throughout the year with League of Legends Championship Series, League of Legends European Championship, League of Legends Champions Korea, League of Legends Pro League, and League of Legends Masters Series being considered premier leagues. Each premier league is represented by three teams at the League of Legends World Championship while the remaining qualifying teams come from the Vietnam Championship Series, League of Legends Continental League, Turkish Championship League, Campeonato Brasileiro de League of Legends, Liga LatinoAmérica, League of Legends Japan League, Oceanic Pro League, and the SEA Tour Championship.

On top of the aforementioned premiere leagues, there are also dozens of lower leagues and collegiate leagues. The game’s flagship event is the League of Legends World Championship which typically runs between the beginning of October until the first week of November. The inaugural event took place in 2011 with eight teams competing and it has since grown to include 24 teams. The prize pool has also grown exponentially from $100,000 in 2011 to a whopping $6.4 million in 2018. Another thing that has grown is the number of fans and amount of money that is being wagered by people using real money betting apps.

Notable League of Legends Teams

Winning the League of Legends World Championship is much like winning the Super Bowl, Stanley Cup, or FIFA World Cup in that the champion is immortalized. SK Telecom T1 was one of LoL’s first dynasties after they won the championship in 2013, 2015, and 2016. London-based Fnatic has been the class of League of Legends Championship Series having won the very first League of Legends World Championship and finishing second at last year’s event. Reigning World Champions, Invictus Gaming of the League of Legends Pro League have also made their mark as have EDward Gaming, G2 Esports,  Samsung (Galaxy/White/Blue) and Team Liquid. Other teams such as Cloud9, Afreeca Freecs, KT Rolster, and Royal Never Give Up are among the best teams right now so remember those names when you are placing your bets.

Best Players Today

Just as certain individual professional athletes rise to the heights of super-stardom, so have several League of Legends players. Zi-hao Jian goes by the name Uzi and is the guy you want in the bot lane. He is a big reason why Royal Never Give Up is a serious threat. KT Rolster’s Go “Score” Dong-bin’s abilities in the jungle are second to none while Kang “The Shy” Seung-lok is the king of the top lane. Invictus Gaming’s Uijin Song, Afreeca Freecs’ Kiin Kim, and G2 Esports’ Park Jae Hyuk are just a few other League of Legends phenoms who are making names for themselves. Oh, they are also making decent scratch too.

Real money gambling with League of Legends

Betting Strategy

Whether you are playing online Blackjack spinning the reels on your favorite slot game, or betting sports, a successful betting strategy begins with finding the best online betting site and it is the same with betting on League of Legends. Punters need to consider a lot of things when they are looking for a League of Legends betting site. Does the site offer competitive odds? Does the site offer valuable bonuses and promotions ? Getting the best odds and being able to take advantage of bonuses and ongoing promotions gives you a better chance of coming out ahead.

There are several other factors you need to consider too. If you are going to bet on League of Legends, you want to choose a betting site that has a proper license and a good reputation. You should definitely avoid betting on League of Legends at an online betting site that it is notorious for not paying out promptly or is known for poor customer service. These tips might not have anything to do with actually betting on League of Legends but they should absolutely be heeded if you want to get the best out of your LoL betting experience. A generous loyalty program is also a great way to get maximum value for your betting dollar.

Once you have found the right League of Legends betting site, you can think about how to wager successfully. First, develop a staking method that is conducive to the type of bankroll you are starting with. Many responsible punters never expose more than 2%-5% of their total bankroll on any bet. This allows them to easily absorb losses and continue betting. Sure, you can wager your entire bankroll or a significant portion of it on a single bet and hope for a large return but you risk losing it all.

There is an old saying about knowledge being power and that is indeed the case when betting on LoL. Knowing about certain teams or matchups enables bettors to make wiser and more informed betting decisions. If you happen to be privy to the fact that a key player won’t be playing then that gives you a crucial advantage. League of Legends involves a great deal of communication and if one team is made up of players who speak different languages, then you know that communication could be an issue and that can work in your favor.

One fact about any form of gambling is that it feels much better to win than it does to lose. However, both winning and losing can affect your mindset in a way that will compromise your betting strategy. Many punters who lose a bet or, even worse, a series of bets, often feel compelled to drastically increase their stakes in order to make up for their losses. Online poker players call this ‘going on tilt’. On the flip side, bettors who are on a roll are prone to developing a false sense of invincibility and end up doing the same thing. This type of betting behavior often leads to disaster and should be avoided like the plague.

It doesn’t matter if you are a recreational League of Legends bettor who wagers a couple of dollars here  and there or if you are a high roller who likes going big, adhering to these basic betting strategies will ensure that you maximize your chances of winnings while minimizing your losses and giving you a good chance to stay in the game.

Online Betting strategies

Conclusion

Betting on League of Legends is becoming more popular by the day as more and more trusted online betting sites like William Hill, Bet365, and Mr Green make it a standard offering. Those who sign up at Ladbrokes, Redbet or 888sport can claim free bet bonuses that they can use to wager on LoL while punters who like to use Bitcoin betting sites also have plenty of great options. Betcoin.ag, Cloudbet, and Sportsbet.io are among the top Bitcoin sportsbooks that offer excellent bonuses, fast payouts, and superior customer service. Aside from these perks, many of these sites also allow League of Legends fans to live stream events on their desktop or mobile devices. The thrill of League of Legends has reached a whole new level.

CHIPANALYST UPDATES!