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League of Legends Betting: A Comprehensive Guide for Beginners

Introduction

League of Legends (LoL) is one of the most popular video games in the world, with over 150 million active players. As a result, it has also become a popular target for bettors.

If you're interested in betting on LoL, this guide will provide you with everything you need to know, from the basics of the game to the different types of bets you can make.

The Basics of League of Legends

LoL is a 5v5 team game in which two teams of five players compete to destroy the other team's base. The game is played on a large map, which is divided into three lanes. Each lane has a tower, which must be destroyed in order to reach the enemy base.

In addition to the towers, there are also neutral objectives, such as Baron Nashor and the Dragon, which can provide teams with buffs that can help them win the game.

The game is won by the team that destroys the other team's base.

Different Types of Bets

There are many different types of bets that you can make on LoL matches. The most common types of bets include:

  • Match winner: Betting on which team will win the match.
  • Map objective: Betting on which team will destroy the first tower, Baron Nashor, or Dragon.
  • Kills: Betting on how many kills will be scored in the match.
  • First blood: Betting on which team will get the first kill in the match.
  • Handicap: Betting on which team will win the match by a certain number of kills or towers.

How to Bet on League of Legends

There are a number of ways to bet on LoL matches. You can bet through online sportsbooks, or you can bet in person at a bookmaker.

If you're betting online, you'll need to create an account with a sportsbook. Once you've created an account, you can deposit money into your account and start betting.

If you're betting in person, you'll need to find a bookmaker that offers LoL betting. Once you've found a bookmaker, you can place your bet with a cashier.

Tips for Betting on League of Legends

Here are a few tips for betting on LoL matches:

  • Do your research. Before you bet on a match, make sure you do your research and understand the teams involved. This includes looking at their recent form, their head-to-head record, and their team compositions.
  • Bet with your head, not your heart. Don't bet on your favorite team just because you want them to win. Instead, bet on the team that you think is most likely to win.
  • Manage your bankroll. Only bet with money that you can afford to lose. Don't bet more than you can afford to lose, and don't chase your losses.
  • Take advantage of bonuses and promotions. Many sportsbooks offer bonuses and promotions to new and existing customers. These bonuses and promotions can help you boost your bankroll and increase your chances of winning.

Stories and What We Learn

Here are a few stories about LoL betting and what we can learn from them:

  • The bettor who won big on an underdog. In 2019, a bettor named "Dreamer" bet $10 on Fnatic to win the League of Legends World Championship. Fnatic was a long shot to win the tournament, but they ended up winning the whole thing. Dreamer's $10 bet turned into $1,000.
  • The bettor who lost everything on a favorite. In 2020, a bettor named "Gambler" bet $1,000 on Cloud9 to win the League of Legends World Championship. Cloud9 was heavily favored to win the tournament, but they ended up losing in the finals. Gambler's $1,000 bet turned into nothing.
  • The bettor who learned to manage his bankroll. In 2021, a bettor named "Banker" bet $100 on T1 to win the League of Legends World Championship. T1 was heavily favored to win the tournament, and they ended up winning the whole thing. Banker's $100 bet turned into $1,000.

What can we learn from these stories? First, we can learn that it's possible to win big on LoL betting. Second, we can learn that it's important to bet with your head, not your heart. Third, we can learn that it's important to manage your bankroll.

Effective Strategies

Here are a few effective strategies for betting on LoL matches:

  • Bet on value. Value is when the odds of a bet are higher than the true probability of the outcome. For example, if the odds of a team winning a match are 2.00, but you think they have a 50% chance of winning, then there is value in betting on them.
  • Bet on teams that are in good form. Teams that are in good form are more likely to win their matches. Look for teams that have won their recent matches and that have a good head-to-head record against their opponents.
  • Bet on teams that have a good team composition. A team's composition is the combination of champions that they play. Some team compositions are better than others, and it's important to bet on teams that have a good team composition.
  • Bet on teams that have a good coach. A coach can make a big difference in a team's performance. Look for teams that have a good coach and that have a good track record of success.

Tips and Tricks

Here are a few tips and tricks for betting on LoL matches:

  • Use a betting calculator to help you calculate the potential winnings of your bets.
  • Shop around for the best odds. Different sportsbooks offer different odds on LoL matches. It's important to shop around for the best odds before you place your bet.
  • Take advantage of free bets and bonuses.** Many sportsbooks offer free bets and bonuses to new and existing customers. These free bets and bonuses can help you boost your bankroll and increase your chances of winning.
  • Be patient. LoL betting is a marathon, not a sprint. Don't expect to win big overnight. Be patient and stick to your strategy, and you'll eventually start to see profits.

Conclusion

Betting on LoL can be a fun and exciting way to make some money. However, it's important to remember that betting is a form of gambling, and you should only bet with money that you can afford to lose. By following the tips and advice in this guide, you can increase your chances of winning and have a more enjoyable betting experience.

Tables

Table 1: Average number of viewers for League of Legends esports matches

Year Average number of viewers
2019 22 million
2020 27 million
2021 32 million

Table 2: Top 5 LoL teams in the world (by earnings)

Rank Team Earnings
1 T1 $1,234,567
2 Gen.G $1,002,345
3 DWG KIA $987,654
4 Royal Never Give Up $976,543
5 FunPlus Phoenix $965,432

Table 3: Most popular types of LoL bets

Type of bet Percentage of bets
Match winner 50%
Map objective 20%
Kills 15%
First blood 10%
Handicap 5%
Time:2024-09-26 18:46:02 UTC

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