League of Legends Betting Markets: A Complete Guide
League of Legends is one of the most popular eSports to bet on. The game was developed by Riot Games and released in 2009. Ever since, it has revolutionised the online betting industry with a number of different markets available. Read on to learn more about the various League of Legends betting markets that are available in the iGaming industry.
League of Legends Betting Markets: An Introduction
A multiplayer online battle arena, or MOBA, game called League of Legends was created in 2009 and has since grown to be one of the most popular esports. It was created by Riot Games and is a free-to-play game with buyable character customizations that was Dota-inspired. LoL quickly developed a sizable worldwide fanbase and rose to prominence as one of the biggest esports in the world.
Teams from all over the world competed for rewards from a $100,000 prize pool at the first League of Legends World Championships, which were held in June 2011. There were more than 1.6 million spectators who watched the event live broadcast. Even more competitions and tournaments are organized today, more than ten years later, with larger venues and millions of dollars in cash prizes.
What is League of Legends?
In each LoL match, two teams of five players engage in combat on a map. The teams must defend their respective sides of the battlefield. Each player is in control of a single champion character. There are many characters to pick from. Each of them has a unique skill set or ability that will affect the strategies used by the entire squad. Games typically last between 30 and 45 minutes. However, they might end sooner if one of the sides decides to give up, and on rare occasions, they can last far over an hour.
Each game’s goal is to eliminate the opposing team by traveling to their side of the map and taking out their base. The base is known as the Nexus. It is a highly tactical game with a variety of minions and defensive structures to get through. Furthermore, for champions to level up and collect gold to enhance their skills.
League of Legends Betting Markets: How to Bet
League of Legends offers a variety of different betting markets. It is possible to bet on various League of Legends matches and tournaments before the competition starts and as it is in-play. Below, we have included several League of Legends betting markets that could appeal to players and fans.
Outright Betting
Bets on a whole league or tournament are known as outrights. You may locate LoL outrights, such as the World Championship, European Championship, or any other significant competition’s outright champion. There are wagers available for each of these competitions on each of the competing teams, and these wagers will be accessible both before and during the action. In most cases, the greatest odds for outright wagers can be determined prior to the start of any of the games.
Match Result
There will be a wager where you can predict which team will win for each game. It is irrelevant how a team succeeds or how many rounds they are able to complete. You will earn your wager if the team you choose wins.
Winning a Round
Major tournaments typically begin with single-round matches, but once the competition enters the knockout round, these are typically contested in best-of-five series. There are wagers that drill down into individual games in addition to wagers on which team will win the match and advance in the tournament. You can place a wager on which team will win the opening match, the second match, and so on.
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Total Number of Kills
The number of characters that die during a game may be the subject of wagers. This wager comes in a few different forms, such as total kills by team A, total kills by team B, and total kills by both teams combined during the match. There may be the same bets for each round of the fixture if there are many rounds.
In essence, you can wager on whether you believe the game or round will result in a high score or not. Although you won’t need to guesstimate the precise number of kills in the round, you can designate a range in which you believe the total kill count will fall. The wager is made in the over/under system, in which there are several betting lines, each of which includes a bet for going above and under that line.
You will require team A to have 23 kills or more in that round if you choose a wager like team A with a total of 22.5 and bet over. If you wager under, team A must record fewer than 22 kills during the round.
Handicap Betting
With handicap kills, you can wager on a team to outscore the opposition’s kill total during a match. Your team must score at least that many more kills than the other team during the round. You can choose from a variety of handicaps. Alternately, there are handicaps that benefit the side you’ve selected. In that case, your team will have an advantage over the other team but at the expense of reduced odds.
Let’s use the example of betting on team A to defeat team B with a handicap of -8.5 to help explain. This indicates that team A should have at least 9 more kills than team B at the end of the round. In order to win a bet on team B with a handicap of +5.5, team B must either outscore team A in kills or fall within 5 kills of team A’s kill total.
A Variety of Betting Markets
There are also a ton of other betting alternatives. That includes live betting choices and a selection of wagers that focus on particular match occurrences. You may place bets on a variety of exciting outcomes. That includes which side will draw the first blood, which team will demolish the first inhibitor, which team will destroy the first tower, and many more.
The Bottom Line
Thus, we hope that you are impressed with the variety of League of Legends betting markets that exist. The eSports game is quickly becoming one of the most popular eSport games to bet on. In fact, it is arguably the most popular in the industry.
To place eSport bets on League of Legends, all you have to do is visit one of the best casino sites to play LoL. At these pages, you will find a sportsbook selection that has many offers for various betting markets on League of Legends. For more information, head on over to that site.
Click here to visit the 22BET Sportsbook to find the broadest variety of bets on the web
