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League of Legends betting has gained an extraordinary popularity as the game itself. LoL betting is offered by hundreds of bookmakers as LoL has a multi-million audience of fans and players who are addicted to League of Legends gambling. No wonder! Just think of it: the money prizes on major International LoL Tournaments reach tens of millions of dollars. So it’s a great business not only for players themselves but also for fans that make correct League of Legends betting predictions.
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According to statistics, an estimated amount of esports betting, including betting on League of Legends will exceed $23billion by the year 2020 and that fact speaks for itself.
There are some key aspects you should take into account while making your League of Legends betting decisions: The previous record of the team, the type of bets available, the odds offered by the LoL esports betting sites, and so on. After picking the bookmaker you will need to make a deposit in order to start betting on League of Legends.
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A brief description of League of Legends for your wining LoL bet
League of Legends is a MOBA esports game (Multiplayer Online Battle Arena) where two teams that consist of five members fight with the opposite team using their specific avatars (heroes).
The main task of the team is to destroy the opponent’s base and the secondary task is to kill as many heroes of the opposite team as possible.
Fans and bettors bet on League of Legends that is played on a variety of Tournaments – local smaller ones and huge International events that are broadcasted live online and on TV.
LoL betting is based on the lol bet predictions of which team will destroy the base of another team. Also, because the game is played in several rounds, bettors place their League of Legends bet on the winners of each separate round. Below you’ll find the description of all available types of bets you will find on League of Legends betting sites. Also, we’ll explain how to bet on League of Legends through the online bookmakers.
Types of LoL bets to choose from
League of Legends betting takes diverse forms, allowing bettors to make LoL betting exciting and understandable.
Here is what you can wager on when it comes to LoL betting.
- Bet on the champion of the Tournament. LoL championship betting on a winning team is the simplest type of bets, when the bettor wins if his team wins the entire Tournament;
- Bet on a total number of killings made by both teams;
- Bet on a runner-up of the Tournament. This LoL betting decision will bring you money if you’ll correctly predict which team will lack just a few points from becoming a winner.
- Bet on a player who’s personally made the biggest number of killings.
- Bet on a separate round’s results. You can place your LoL bet on a score of the definite round within the entire game. This type of bet is very interesting for bettors as interim results of rounds can be totally unpredictable. Even if there is an obvious Tournament’s winner (yes, even a stronger team can lose some rounds of the whole game).
- Handicap bet – is the League of Legends betting type when one team is way too stronger than another. So there is a too big difference in betting odds.
Major Tournaments for LoL gambling
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Esports tournaments are the events that bettors await the most. Here are the major Tournaments for LoL bet predictions:
- Season World Championship;
- OnGameNet TheChampions;
- WGC.
The size of the standard money prize for a typical LoL match is $200K. For International Tournaments the total money prize could be as big as $20M. Many sponsors and international corporation provide funds for such tournaments as their AD will be seen live by millions of spectators (fans of esports).
When it comes to minor tournaments, hundreds of League of Legends matches take place all over the world. Every esports LoL betting resource provides readers with the full list of tournaments in each country.
Top-5 teams for League of Legends gambling
SK Telecom T1
This is a Korean esports team (belongs to South Korean telecommunication corporation) with unbeatable results and outstanding performance in two esports disciplines: Starcraft and League of Legends. SK Telecom T1 has won three League of Legends World’s Championships and their total amount of earned money is about $6.7 million.
Samsung
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It’s a South Korean team, sponsored by the Samsung Corporation. The total team’s money prize earned is $5,255,289.34 from playing in 348 tournaments (locally and internationally). The team has several divisions: Samsung Galaxy (the leading one in LoL), Samsung Blue, Samsung Ozone (White), Samsung KHAN.
EDward Gaming
It is a professional Chinese leading esports gaming team which specializes exactly on League of Legends. The total money prize earned from 88 tournaments is $2,615,655.52.
Royal Never Give Up
It’s Chinese team, sponsored by such moguls as HP and Logitech.
World Elite
It’s a Chinese team that shows outstanding results in League of Legends as well as in Warcraft initially.
The best League of Legends betting sites
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The question is – where to bet on League of Legends to make sure the bookmaker is trustworthy and reliable?
Here are the TOP-5 international esports betting websites with the spotless reputation:
Pinnacle
Pinnacle is a world-level LoL betting service that is registered in Curacao. This website widely known for its best odds and the largest variety of bets offerings (esports, casino games and conventional sports as well). This League of Legends betting site doesn’t offer a deposit or any sign-up bonuses to bettors.
Betway Esports
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It is the leading League of Legends betting site with the largest international audience of bettors. Like other major League of Legends gambling services Betway Esports gives its client 30$ bonus for the first 10$ wager, plus 100% match bonus for your first deposit (up to 30$).
EsportsBetting.com
This LoL gambling website is focused only on esports. So you can make safe and reliable League of Legends betting along with betting on all variety of other esports available for international bettors. This LoL esports betting site is regulated by Malta Gaming Authority license.
Arcanebet
Make your first LoL bet with Arcanebet and get an unprecedented 150% bonus (the amount can’t exceed 150 euro though). The bookmaker is targeted at European audience mainly. If you seek for live esports betting Arcanebet can be your best League of Legends betting site.
Thunderpick
This LoL gambling site is somewhat different from betting sites listed above as bettors here play (make their bets) against each other rather than against the bookmaker itself.
How to bet on League of Legends?
Pick any LoL betting website (a bookmaker) you consider reliable and go to the page with the list of League of Legends tournaments. Note, that in order to start real money match betting you will need to fund your account via any preferable money transferring system: banking methods or electronic money payments.
After your account is funded, pick the Tournament you’d like to wager on. Look at the teams that take part in the Tournament and pick your favorite one – the team that will do best in this Tournament on your opinion.
Your bookmaker will show you’re the odds that mean the general bettors’ expectation about the performance of two opposite teams that take part in a particular tournament. In our main article we’ve explained how to understand odds. Make your League of Legends bet decision and wager the amount you are ready to put into it. Then, pick the type of a bet from “markets” available your bookmaker: a bet on a winning team/player/first blood, etc.
All major Tournaments are broadcasted online and on TV. So you can watch the entire game to get an additional portion of adrenaline!
Some LoL betting sites offer Live betting as well. So you can make LoL betting even after the game has already started. Now keep your fingers crossed for your team (or a player)!
The summary of League of Legends betting guide
It stands to reason that League of Legends is on the top of the esports betting industry. As betting on a match (even a minor one) can bring remarkable money to a bettor.
The number of players registered in this game during the whole history of its existence is about 30 millions of people. This fact makes the game a highly attractive discipline for esports LoL betting.