Everyone knows that League of Legends is a wildly successful esports title. And as is often the case, it has a thriving betting scene. That being said, there are hundreds of different bookmakers, betting markets, competitive leagues, and professional teams. So if you’re an up-and-coming gambling enthusiast, the idea of getting involved in something like this might be daunting.
Don’t worry, though, because the answer to the “How to bet on esports?” or question is quite simple. And make money with League of Legends will get even easier if you follow our ultimate step-by-step League of Legends Betting Guide!
Choose the right betting site:
Every professional punter knows that choosing a good bookmaker can be even more important than making accurate predictions. The same applies to League of Legends. Picking a good LoL betting site is your first step into the world of esports gambling, and it’s also the foundation of your success. With that in mind, here are some bookmaker traits to look for:
- Reputation. If you’re going to give someone your hard-earned cash, you might as well make sure they deserve your trust. Read reviews. Look for licenses and regulations. Check the foundation date—an established platform will have more credibility than a brand new company. Basically, you want anything that proves the bookmaker’s integrity and ensures you’ll get your payout in due time.
- Odds. A great bet is forged by great odds. Bookmakers tend to have their own ideas on how to analyze matchups and read probabilities. And it’s in your own best interest to pick a reputable platform that gives you the most generous offer. Because in the long run, even the slimmest of margins can be the difference between busting out and making a profit.
- Customer support. Accidents happen, but there’s nothing worse than experiencing technical difficulties when your money is on the line. In this day and age, the best League of Legends betting websites offer a number of options to resolve this issues, ranging from a customary FAQ to a live chat or even a dedicated phone line. Find the one that suits you best.
If you’re still not sure where to start, we recommend you take a look at our top League of Legends Betting Sites list. Every platform there offers something unique to its customers while having a good reputation in the gambling circles. Which makes them perfect for trying out your LoL betting predictions.
Use LoL deposit bonuses and promotions
Nowadays, every LoL betting site tries to make itself more attractive to potential clients. And that means deposit bonuses and promotions. If you’re reading our League of Legends betting guide to get the best possible start to your gambling career, it’s a good idea to take advantage of these.
Granted, this part has some crossover with the previous section. After all, most deposit bonuses are bookmaker-specific, so you should read up on their offers to know what you’re dealing with. Usually, these promotions involve matching your deposit. That is, if you invest a certain amount, the bookmaker will double or even triple it. Of course, you’ll have to make a certain number of bets before you can withdraw that money—otherwise, everyone would cash out instantly.
Some up-and-coming bookmakers go a step further by offering free bets. This means you get extra funds to make wagers. If you win, you get to keep the money. If you bust, you don’t actually lose anything. In short, this is a dream come true if you want to learn how to bet on League of Legends. Keep in mind, though, that deposit bonuses are often limited to new customers, so you won’t be able to use them forever.
Make a deposit
Once you’re settled on your bookmaker, you need to make a deposit. First, make sure you can actually do this. Most League of Legends betting websites support Visa, MasterCard, and Maestro. And they usually don’t have anything against popular e-wallets like PayPal, Skrill, or Neteller. Finally, you can even find some companies that accept direct bank transfers and Bitcoin transactions, so there are plenty of ways to get in on the action.
Then, confirm you can actually take your money out. As a rule of thumb, LoL bookmakers offer fewer withdrawal options, so if you deposit your funds via PayPal, there’s no guarantee you can cash out the same way. So do your research. Otherwise, you might end up with a portion of your funds stuck on a betting website.
Speaking of portions, here’s another League of Legends betting tip: learn bankroll management. The topic is fairly complex, but the gist of it is that you want to handle your betting funds in a way that minimizes risks. So don’t throw all your life savings on a gambling account. Instead, deposit a sum you aren’t afraid of losing, and your LoL betting experience will be much more enjoyable.
Learn how to bet on League of Legends
As a thriving esport, League of Legends has dozens of betting markets. And if you’re looking to make a profit through LoL betting predictions, it’s a good idea to get to know them. Here’s a list of betting markets you should remember:
LoL tournament winner betting
If you’ve ever opened the League of Legends Twitch tab, you know there are countless League of Legends tournaments happening across the globe. Events like the NA LCS, LPL, LCK, MSI, and Worlds—grand competitions that glue thousands of viewers to their screens.
And the best LoL betting sites will give you the option of betting on the winners of these tournaments. Usually, the sooner you make this bet, the better the odds, so if you think that Fnatic are the overwhelming favorites to win the EU LCS, make sure to bet on them in advance.
LoL match winner betting
This is the most straightforward bet of them all. Two teams clash with each other, you predict who’s going to win, and if your forecast is correct, you get the cash. Easy. Even so, this is the cornerstone of League of Legends gambling, as most other betting markets will heavily rely on the game’s results.
LoL correct score betting
Predicting the correct score is a variation of the previous bet. This isn’t relevant if you’re betting on the regular season of the NA/EU LCS, as these matches follow the Bo1 format. But once you enter the playoffs territory (or switch to other leagues), you can bet on the exact outcome of any given series. Granted, the risks are much higher. But so are the odds.
LoL handicap betting
League of Legends handicap betting might seem like a scary beast to tackle, but it’s really quite simple. Essentially, you’re betting on the match winner, but the team you’re choosing has a number of wins added (or subtracted) to its scoreline. The best way to understand this concept is through an example:
Let’s say, Cloud9 and TSM clash in a Bo3 series. You think C9 have a decent shot, but ultimately, they’re still the underdogs. So you make a +1.5 handicap bet on them. In this case, if C9 win the series 2-0 or 2-1, you’ll get paid because… well, they won! But even if they only take a single game, you’ll still get your money because the handicap adds 1.5 to C9’s score.
So the actual result may look like this: C9 1:2 TSM. But the Handicap changes it to C9 (1 + 1.5):2 TSM.
In short, the only time you don’t get any return on your investment is when TSM clean sweeps Cloud9. This makes LoL handicap betting a great tool for reducing variance. Especially if you’re dealing with close matchups or strong teams that need some time to get rolling.
LoL maps total over/under betting
Even if you use all League of Legends betting tips available, sometimes it might be hard to predict a winner. But that doesn’t mean you can’t get in on the action! The maps over/under bet is the perfect solution for this problem.
So if we go back to the C9 vs TSM Bo3 example, betting on the maps total being over 2.5 means you’re predicting that one of the teams will win with a 2-1 score. That is, the series will go to three maps. And if you make a wager the maps total being under 2.5, you’re betting on one of the teams scoring a 2-0 victory over the other.
The former is excellent for the cases when two lineups are evenly matched. And the latter might come in handy when you’re betting on LoL teams that rely on momentum.
Other League of Legends bets
As detailed as our League of Legends betting guide is, it’s impossible to cover all available options. After all, there are simply too many of them! The best LoL bookmakers will give you limitless betting opportunities, so you can make a wager on the first team to draw first blood, destroy a turret, kill a Dragon, slay Baron Nashor, score a Penta kill, and etc.
Some platforms offer special promotions where you can predict which players will deal more damage or score more kills compared to their opponents. Hell, you can even gamble on whether the number of kills will be odd or even! In short, as long as you know how to bet on esports, you’ll always be able to find more betting markets.
LoL live betting
Finally, you can enhance your gambling experience with live betting. Not every bookmaker will offer this service. But if they do, you can make a significant profit by following the game, reading the situation, and adjusting your bets on the fly.
Moreover, if you keep up with the League of Legends pro scene and know that a certain team is a slow starter, you can bet on its comeback even when it’s lost the first game of the series. Just watch out for stream delays. After all, you don’t want to make decisions based on something that happened several minutes ago. (For more information about this topic, check out our League of Legends Live Betting Guide).
Pick your LoL tournament
We’ve already mentioned this at the start of our League of Legends betting guide, but there are many tournaments to follow. And if you want to make the most out of your LoL bet predictions, you need to know which events to bet on. Unfortunately, there’s no easy answer here.
Most esports viewers (and bookmakers) keep up with major competitions (NA/EU LCS, LPL, and LCK), but they don’t have the time for anything else. This means there’s immense value in following a lesser-known league like the LCL because you’ll be able to quickly recognize good matchup and great opportunities. Hell, you can even take advantage of secondary leagues like Challengers Korea or NA Academy.
Still, this doesn’t mean you can only make wagers on obscure LoL tournaments. When push comes to shove, it’s always best to bet on the competition you know. Because the more insight you have, the bigger your chance to make a profit.
Learn to make LoL bet predictions
This leaves us with one final question: how on earth do you predict a winner? Well, it certainly isn’t easy! The best LoL bet predictions don’t rely on hunches. Instead, they’re based on a combination of game knowledge, statistical analysis, and in-depth insight.
With that, it’s always a good idea to check the numbers at Oracle’s Elixir. This platform offers detailed stats for players and teams in most competitive leagues, so it can act as a solid foundation for your forecasts. But numbers aren’t everything.
You still need to know the current state of affairs. Who are the top dogs? Who are the underperformers? Is someone poised to make a comeback? Or maybe a strong lineup is about to fall apart? A good way to catch up on League of Legends news is to follow the game’s subreddit. And if you want expert opinions and power rankings, throw in a couple of websites like Dot Esports, Esports.net and GosuGamers.
But in the end, few things compare to the actual eye test. If you know how to play the game of League of Legends, you’ll often be able to recognize which team is doing well and which team is falling behind. Follow the games by tuning in for Riot Games’ broadcasts at the LoL Esports Youtube channel. And if you don’t have the time, catch up on VODs or highlights later.
Finally, you might still feel some uncertainty. Maybe the teams are evenly matched or the matchup is unfamiliar to you. Whatever the case, this is a good time to take a step back. You don’t have to bet on every single game, and sometimes, it’s better to save your money for the next League of Legends match.
All in all, we hope our League of Legends betting guide proved helpful. At first glance, it might seem like the LoL esports scene isn’t kind to newcomers. But once you get into it, you’ll find endless opportunities to make the most out of your money.
If you are a person who travels a lot and does not often have access to the PC, we recommend that you also read our League of Legends mobile betting guide.