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Introduction to LOL betting guide

League of Legends is one of the most popular MOBA games in the world of gaming. But it is also one of the most trending esports in the industry. Let’s not forget that LoL is a multiplayer online battle arena game that gathers millions of professional gamers from all across the globe.

This League of Legends betting guide is what you should read before you start placing an LoL wager. Choosing the right betting site is important, and you should also need to learn how to place wagers and what kind of bet to choose. So, if you want to learn more about betting on League of Legends, stay tuned. 

LoL Finals
Samsung Galaxy versus SK Telecom T1 at the 2016 World Championship – Finals at STAPLES Center in Los Angeles, California, USA on 29 October 2016.

Why You Should Bet on League of Legends

If you never had a chance to wager on LoL or any other popular esport, here’s an opportunity to learn why it could be a good thing. 

First of all, if you are a gamer, you will realize the hype behind this MOBA. Betting on an esports where so much is going on is as entertaining as playing or watching it. This is why the number of esports bets grew rapidly in the past couple of years.

Moreover, you will be able to find a tournament or competition anytime. LoL has a lot of active tournaments on an annual basis. And also top esports teams as FunPlus Phoenix, Invictus Gaming, and T1. That is, you will be able to make a huge profit from wagering. 

Keep in mind that this esports market is not static. The situation in the game can change in a matter of seconds—which is why LoL bets are so challenging and fun. Also, if you are opting for the underdog, you could expect the unexpected. Even in the case when the competition is a leading team. With good odds, LoL wagerers can win big in this kind of situation. 

When you are betting online on esports, you can expect to find tons of markets. Top-rated online sportsbooks offer an immense amount of markets you can try. Plus, you can use our “best LoL betting sites page” to see them all.

Finally, when you place a bet on LoL, you can always watch how it goes via free-to-watch platforms. Sometimes you will even be able to watch the live stream at the online sportsbook.

How to Get Better in Betting on League of Legends?

League of Legends has a lot of tournaments, competitions, and players. If you are looking to make a profit, you should follow the esports scene closely. Take a look at what should be your main focus point:

  • esport tournaments
  • pro players streams
  • esport News

Esport Tournaments

This sports competition where sports are video games has tons of tournaments. The first one ever held was back in 2011, the Season 1 World Championship at DreamHack in Sweden. Today we have plenty of international tournaments, Tier 1, Tier 2 leagues, collegiate leagues, and others.

Bettors will be able to place wagers on some Major Tier tournaments. These are the World Championship, Mid-Season Invitational, and All-Star. Competitive LoL is available for Tier 1 and Tier 2 competitions. Yet, lower-tiered events like Campus Series conferences can be quite exciting and lucrative, as well. Even so, wagering on any of the 12 professional leagues for LoL asks for a lot of research and dedication.

Pro Players Streams

Watching PRO players stream and following their work could also help. However, watching your favorite YouTube or Twitch stars might not be that useful. Yes, it can help you learn a lot about the game, but it might not be what you need to become a superb LoL wagerer. When preparing for this type of wagering, you will need to switch your focus. Try to focus on some other professional players and teams. 

Amp up your wagering game and start watching PRO players streaming. Watching someone who is participating in esports competitions will do you good. If you have never heard about any of these LoL names, you could start there:

  • FunPlus Phoenix
  • Evil Geniuses
  • Cloud9
  • Fnatic
  • Team Liquid

Esports game outcomes are so unpredictable, and you should always try learning more. Following PRO teams and evaluating their performance is an excellent way to start. This could pay off and help you create an exceptional betting strategy. 

Esport News

New updates and patches are always fun and exciting unless you are planning to bet on LoL. Not every team and player can adjust their playing to the constant changes. That is why it is crucial to always stay in the now by following esports news. Also, you can learn about new rising stars, performance progress, and lots more. 

Learn the Basics of Wagering

New to esports betting? One of the first things you should do before confirming that slip is to learn about this form of gambling. Every market has odds, preferred betting types, and exclusive promotions. Your task is to learn more about it in case you want to become an experienced League of Legends punter. 

Esports Odds

Learning about odds is one of the crucial elements of esports wagering. Excellent odds forge every great wager. The odds tell you which team is a favorite and by what margin and how much you can earn by betting. Sportsbooks will analyze the events and teams and offer odds. These are their way of predicting the matchups and different probabilities. Choosing a top-rated sportsbook can secure you great odds. Still, you should always compare odds from various sources. 

Wagering Markets

Then, you should move on to wagering markets. Sportsbooks offer tons of markets for different sports, including esports. Yet, not all of them are convenient for LoL. Check out a couple of the most popular LoL sportsbook markets below:

  • Tournament Winner
  • Match Winner
  • Map Totals Over/Unders
  • Correct Score
  • Handicaps
  • Other Bets

Tournament Winner

There are tons of LoL tournaments like MSI, NA LCS, LCK, LPL happening. Punters will have plenty of options to bet on a tournament-winner. If you are planning to make Futures bet, the sooner you make it, the better the odds. Predicting the tournament winner is not easy at all. Doing this when the odds are generous is even more challenging. And that is why carefully crafting your betting strategy is essential if you are hoping to win the bet. 

Match Winner

Match winner betting is yet another great type of wagers you can choose. It is pretty straightforward, and all you need to do is pick your favorite. The two teams are competing, and you should predict who is going to win. It is the base of LoL wagering as other markets rely on the potential winner.

Map Totals Over/Unders

When you cannot make up your mind about the winner, you can opt for maps Over/Unders. When you want the maps total to be over 2.5, that means that the score will be 2-1. Furthermore, this means that the game will go to 3 maps. After all, if you bet on the same score only under, you can win if one of the teams gets a 2-0 victory.

Correct Score

Another great League of Legends bet type includes predicting the score. Keep in mind that this might not be the perfect bet for the Bo1 format of play. We can see this format in the regular season of the NA/EU LCS. When wagering in some other league or on playoffs, you can choose the correct score bet. The odds are high, and the possibility of winning is low. 

Handicaps

Even if it might look complicated, handicaps for LoL are quite simple. You will be betting on the match winner that has some wind added or subtracted from the scoreline. For example, if Team Liquid and Cloud9 meet in a Bo3 series, and you favor that the underdog—in this case, Team Liquid. When you make a handicap bet on Team Liquid with at a +1.5, you could win if the team wins, right? Though you can also win if they lose because the handicap bet adds 1.5 to their score.

Other League of Legends Bets

There are so many other bets you can opt for when trying to earn extra cash with LoL. It’s impossible to go over all of them. Nevertheless, the sportsbooks will also offer other LoL wagering types. These might be the first kill in the game, slaying Baron Nashor or scoring a Penta kill. 

When speaking of the number of kills, you can wager whether it will be an odd or even number. In addition, there are more popular LoL bets to try. For example, who destroys a turret or kills a Dragon. So, the possibilities for gambling are endless. 

LoL Live Betting

League of Legends – bet Live on many markets

Let’s not forget to mention LoL live betting. If you are looking for a more exciting gambling experience, this is the way to go. Keep in mind that not every sportsbook offers live wagering. Thus, to do some in-game betting, you will have to find a proper sportsbook. All you need to do is look at the schedule and find a live game and start following it. Once you get a great wagering opportunity, shoot your shot, and you can win big. 

Plus, you can adjust your bet as the game is happening, which can be quite useful. To be able to keep up with the tempo of the game and still win, you will need a lot of knowledge. This is when watching the streams, players, and competitions come in handy. If you know how the team usually performs, you can use your experience to make live bets. 

One of the greatest enemies of live wagering is an internet connection and stream delays. If you experience lags, you might lose the opportunity to place a great bet. So, make sure that the connection is secure and stable before you start wagering. 

The best thing about live LoL betting is a cash-out option. The majority of bookmakers who offer this service will offer cash-out. This way, the wagerers can get their money back on the bet before the event ends. The amount of cash you can get back is calculated before cashing out. It depends on the probability of the wager winning. Besides, the amount of money can be smaller or bigger compared to the initial investment.  

LoL Exclusive Bonus and Promotions

Another big perk of online wagering on esports is bonus wagering. Most online sportsbooks offer exclusive bonuses for different markets. Using LoL deposit bonuses can be convenient, especially for newbie punters. If you feel like checking out a new operator and how the odds work out for you, you can use their LoL welcome bonuses.

With esports becoming more popular, exclusive promotions are becoming a standard. Taking advantage of LoL promo bonuses to start your gambling journey is always a plus. Every bookmaker has a different T&C so make sure to read them. One of the essential T&Cs is the wagering requirement. Even when the bonus doubles or triples the amount you deposited. 

You will first have to wager the amount you deposited a certain number of times and then get the bonus funds. These bonuses are there to help you test the experience with an operator. Rollover requirements make the instant withdrawal unprofitable. That is why many people use it for betting. A number of sportsbooks sometimes offer free bets without any wagering requirements. Welcome bonuses are usually available only to new members who decide to register.

6 Tips You Should Follow in Betting on LoL

Since we have covered the extensive wagering options in this League of Legends betting guide, it is time to get some more tips. Here are some quick wagering tips every LoL fan should know:

Choose Top League of Legends betting sites With the Best Features

Finding the best sportsbook is important. Online operators offer the LoL markets, odds, and bet types you need. Top-rated brands tend to offer superior wagering features, live betting, and different markets. Future LoL wagerers should take into consideration all the pros and cons when looking for a perfect betting website. 

Anyhow, if you are not sure that you are looking in the right place, we recommend you to read more on our page best LoL betting sites. Gambling with a reliable brand can drastically change the overall experience. It is too big of a risk to provide an unreliable website with your personal details and a card number. There are plenty of scam betting sites out there, and you should be very careful when choosing a sportsbook operator. 

Select Sportsbooks With Generous Bonuses

Online wagering platforms and operators are trying their best to lure you in. They offer competitive odds and generous bonuses to gain new members. Several brands offer bonuses you can withdraw, and you can opt for those, too. And while you are looking for a place to bet at, you might as well pick the best ones. Make sure to read the T&C as they can make a huge difference in your winnings.

Bet on Major eSport Events

The prize pools at major LoL events are much bigger than for some smaller competitions. And with the large prize pools come high-stake and lucrative bets. You will be able to find such events year-round. 

Analyze Every Game

No matter how many times someone says this, it is still not enough. Wagering strategy is all about research and preparation. Start by analyzing individual players, teams, and their performance. Doing this will help you level up your wagering skills and get you closer to winning big. Pay close attention to the champions summoned in the match. Take into consideration their strengths, weaknesses, and how this can affect the outcome. 

Play League of Legends

You don’t have to play LoL to place wagers, but it would be desirable. The bettors can experience gameplay and realize how probable specific outcomes might be. This way, you can get a deeper understanding of the gameplay elements and strategies. You will learn what factors affect the result of the game. 

Learn to Make Predictions

Knowing how to predict any outcome is not an exact science. There are tons of things you cannot control. Still, there are things you could do to make valid predictions. 

Relying on hunches is not precisely what one would consider a prediction. You predict an outcome with knowledge, analysis, and logical conclusions. Punters can check Oracle’s Elixir for statistics of players, teams, and leagues. Just remember that stats are not everything. 

Paying attention to the League of Legends news, trends, and innovations can be useful. Read about LoL on various discussion websites like Reddit and social media. You can also get some esports experts’ opinions from websites like Esports.net or Dot Esports. 

The Biggest Rookie Mistakes in LoL Betting

Inexperienced bettors can make many rookie mistakes when it comes to gambling. After all, these mistakes can affect the betting experience. Want to know what are the most common mistakes made by rookie punters? Check out the list of things you should avoid when placing LoL wagers:

  • Believing unreliable tips
  • Cheating on online sportsbooks
  • Placing bets on your favorites
  • Raging and rash decisions
  • Placing all your money on one bet

Believing Unreliable Tips

Following unreliable tipsters might be the worst thing you could do when gambling. Many of them will offer tips with monetary compensation while others you can find for free. You should be careful when looking for betting tips as it can be a fraud. Additionally, these tips might not be valid or based on anything concrete. So, avoid going for these. 

Cheating on Online Sportsbooks

Cheating on sportsbooks is forbidden and punishable, even by law in some places. Foul play is not something you should ever consider when betting on esports. Those who get caught cheating at online sportsbooks will get their account and IP banned. In other words, you won’t be able to bet on that website ever again. Creating multiple sportsbook accounts to get more bonuses will have the same consequences.

Placing Bets on Your Favorites

Placing bets on your favorites should be done when you are sure that it is the best decision. If you are biased and you simply want them to win, get ready to lose. Putting money on your favorite is a terrible decision for those who are new to this. Being objective is essential for any type of wagering, not only for esports. 

Raging and Rash Decisions

Making rash decisions or raging when you are losing is also undesirable for gambling. Get ready to try your luck, and arm yourself with patience as you won’t win all the time. Plus, the rage will be your enemy when you are trying in-game live betting. It will lead to making the wrong decisions and ruining the gambling experience. 

Placing All Your Money on One Bet

Placing all your money on one bet is not recommended at all, let alone for newbie gamblers. Budgeting is essential for these kinds of hobbies, and you don’t want to spend all your money instantly. You need to learn to be a responsible punter and make smarter decisions. When creating a betting slip, you should try different markets and bet types. Placing all of it on a single is the worst decision you can make at the beginning of your gambling journey. 

Conclusion

Hopefully, this League of Legends betting guide will help you learn how to place LoL bets. It might seem that wagering on this particular MOBA game is not that simple, but when you get the hang of it—it will be.

Enter the gambling world of League of Legends where endless opportunities are waiting. Have fun while earning some cash with the right amount of knowledge, skills, and luck. LoL esports scene is enormous, and the wagering markets are vast. Thus finding something you like will be easy. Ultimately, choosing the best betting site remains one of the most important aspects of the whole experience. So, choose wisely. 

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