Online CS:GO Betting Guide For Starters

Online esports betting can be very intimidating for those who aren’t familiar with its ins and outs. But, what makes this medium great is the fact that it welcomes first-timers who want to take part in betting on esports matches. There are hundreds of teams, events, and betting markets today, which makes it even more interesting. While this may seem overwhelming, it does have plenty to offer. Current fans of esports can take it to the next level by placing wagers and winning. Meanwhile, those who are new to this can explore what esports has to offer. The gameplay to titles like CS:GO, Overwatch, Dota 2, and League of Legends are surely enough to reel in the interest of many.

Crossing the Threshold

To get things started, we use online CS:GO betting as an example--since it’s possibly the most popular title and one of the first esports that sparked online betting.

First thing’s first. Get to know how the numbers that go along with every match work. These numbers represent the likelihood of a certain outcome occurring. Basically, the less likely an outcome, the lower the odds will be.

No two teams will give you the same odds. Some are ahead of the others, and this advantage is expressed through the odds. For now, we focus on decimal odds since most sportsbooks display online CS:GO betting matches using this representation.

For example, if you have a team with odds at 1.5 and you bet $100, you get $150 if your pick wins (including your initial stake). So your profit would be $50. The computation for decimal odds is as follows: Your bet x Odds = Payout.

Cash vs Skins Betting

Meanwhile, since we’re on the subject of online CS:GO betting, you are bound to come across skins betting. Essentially, skins are cosmetic upgrades that players can equip in-game. Many of these skins serve as “trophies” among top players. But, these skins also serve another purpose, which is for betting. You can bet on games with skins, convert them to cash, and withdraw. While several esports betting sites accept skin deposits, we do recommend that you start with cash betting first due to the following reasons:

• Safer

• Faster cashouts

• Convenient

• Avoids additional charges

Since online betting today respects transparency and regulations, there’s nothing to be afraid of. Also, there’s no need for you to convert skins to cash. Betting with fiat and bitcoins brings you to the action right away.