Articles

Esports Betting Sites VS. Esports Betting Exchanges

by Hector Zeller CEO of Tipify.gg

In no time, you will realize that there’s more to esports betting than traditional bookmakers. Yes, standard bookmakers are still a product of technology and use the power Bitcoins and the blockchain technology, but it cannot give you more exciting opportunities anymore. This is why you should expand your selection and explore things outside the box. Learn the difference between esports betting sites and betting exchanges. 


Esports Betting Sites


There are now betting sites and punters on every corner of the globe, and their business is to sell you the biggest esports markets you can bet on.  To put it simply, these online betting sites are the online sports betting model applied to esports matches. Participants or online bettors registered to these sites can wager on esports events such as World Championships, DreamHack events Blast Pro Series, GG.Bet Ice Challenge, Overwatch League, Overwatch World Cup and more.  People can now wager on the outcomes of esports events. 


Advantages:


  • There are hundreds of esports betting sites and markets online as compared to betting exchanges. Here, market liquidity is high. So, you’ll have no problem looking for the best sites that offer your favorite esports markets. 


  • Esports online betting sites offer more bonuses and promotions than betting exchanges. Here, you can prolong your betting experience by redeeming bonuses like welcome bonuses, free bets, cashback, match bonuses, and more.


  • More regulated by gambling control boards. All you have to do is look for betting sites with badges, and you’re good to go.



Betting Exchanges


Wagering in esports betting exchange sites is completely different from traditional betting, it’s more advanced. If regular sportsbooks only allow you to bet against the house edge, juice, or sportsbook overround, betting exchange sites for esports offer a very different approach. They don’t limit your choices because you are allowed to bet against other bettors, with the exchange only acting as an intermediary. This means that you can either act as a bettor or a bookmaker. You can “Back” and “Lay” an esports match.


Advantages:

  • You can act as a bookmaker or bettor (back/lay)


  • Lower house edges. Compared to esports betting sites, betting exchange sites only have a small commission (2%). A 2% commission is equivalent to a 1% overround, so you will have a set of selection with better odds than a regular sportsbook


  • You can customize your bets by yourself. You can make combinations that are not in the list and increase your chances of winning. 


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About Hector Zeller Junior   CEO of Tipify.gg

1 connections, 0 recommendations, 16 honor points.
Joined APSense since, October 19th, 2017, From Melbourne, Australia.

Created on Oct 24th 2019 21:23. Viewed 182 times.

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