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Owing mostly to technological advancements, esports games have led to the creation of a new competitive gaming sector. Its increasing popularity has also made the betting industry progressively embrace the concept of esports betting. According to GlobalData, the esports market will be worth $1.64 billion in 2023, with a Compound Annual Growth Rate (CAGR) of 16.7% throughout the projected period.
Esports betting is a growing industry that allows players to place bets on numerous video game competitions on online casino Malaysia and Singapore websites. And many gamblers find it an exciting and fun endeavour. Furthermore, esports competitions are often held online and can be live-streamed, making it easier for gamblers to stay updated with their favourite teams and players. Esports tournaments also typically have many games and formats, giving them plenty of betting options.
Aside from maintaining a good gambling strategy, money management, and extensive research, gamblers should consider learning esports betting terminologies. This enables them to communicate more effectively with bookmakers and significantly increase their chances of winning.
Common Esports Games
Players can place bets on various popular esports games, such as:
- Dota 2 – An online multiplayer video game in which you and four other players pick from a pool of various heroes and steadily develop in strength and power throughout each round until you’re powerful enough to knock down the opposing team’s Ancient, the glowing tower in their home base.
- League of Legends (LoL) – Developed by Riot Games, LoL is another MOBA game where two teams consisting of five players compete to destroy the opposing team’s tower while defending their own. Each player selects a unique character and works with their side to destroy the other team’s players and computer-controlled minions.
- Counter-strike: Global Offensive (CS:GO) – a fast-paced first-person shooter (FPS) game where two teams of five players compete in various game modes. The game has a standard “bomb defusal” mode wherein one team tries to plant a bomb while the other tries to prevent or defuse it.
Valorant – a tactical shooting game played by two teams of five players. Every game consists of 25 rounds, with the side winning 13 rounds considered the winner. Valorant also uses abilities, such as passive, basic, signature, and ultimate, to inflict damage on other players.
General Terms
There are several terms associated with esports betting. Hence, players can benefit from understanding what they mean before placing their wagers. Here are some esports betting terminologies you must know:
- AoE – Refers to ‘Area of Effect’ assaults that do damage across a wide area.
- Auto Attack – Comprises of doing damage with a basic attack.
- Build – Using items or weapon loadouts which enhance a character’s offensive or defensive skills.
- Buff – An either permanent or brief power boost granted to characters.
- Carry – Significant players safeguarded by the team to inflict damage or fulfil the objective required to win a game.
- Cooldown – The time it takes for an ability, attack, spell, or other item to become useable again.
- First Blood – Refers to the first kill of a game.
- Gank – The process of surprising and exploiting an opposing opponent.
- GG (Good Game) – A common term usually written at the end of the competition if the match was good.
- MVP – The best player in a specific game or competition.
- Odds – An essential part of esports betting. Odds indicate a bettor’s chance to win. Essentially, lower odds mean lesser winning chances and greater odds suggest a higher likelihood of winning. Understanding and analysing odds can help gamblers determine value bets and make educated decisions, ultimately increasing their chances of winning and maximising profits.
- Push – When a player or team rushes to a place on the map or executes a particular technique to win the match.
Zoning – Forcefully driving the opponent out of a specific area within the battlefield to obtain a tactical advantage.
Conclusion
Technology has significantly influenced the rise of esports, allowing for improved gameplay, streaming, and broadcasting. As high-speed internet connections and advanced graphics are revolutionized, esports have become more immersive and accessible to a broader audience.
With many esports games available, gamblers can discover and develop profitable tactics when placing bets in this competitive video game scene. And learning the different esports terminologies is one such important technique. The distinct language might confuse those new to the industry, but comprehending the key terms allows players to make informed decisions when wagering on tournaments or matches, eventually leading to more successful bets.
If you are ready to bet on esports, CM2Bet is a reputable online betting platform in Malaysia. We provide access to the best live odds for top esports competitions so you can increase your winning chances. Visit our website today to get started.
