Bitcoin LoL Betting: What Awaits You?

Bitcoin betting has become a trend. Not just a trend, to be specific-but a source of income. Many are seeing the potential of the coin for online esports gambling, especially in League of Legends betting. If you’re familiar with the coin, you’ll know that Bitcoin is currently the largest and most valuable cryptocurrency. It’s the easiest and fastest way to participate in online gambling. 

LoL Betting with Bitcoins

One might think that traditional fiat currencies may rule our daily life, but once you’re online, there is nothing in the world that can surpass the advanced features and transactional properties Bitcoin can deliver. After acquiring a Bitcoin wallet, you can now participate in Bitcoin LoL betting and avail yourself of the following:

Crypto Bonuses and Promotions

Bookmakers that fully support cryptocurrencies actually prefer users who choose Bitcoins over other payment methods. Bitcoin is the frontline of the sportsbook, the other ones are just supporting methods. If you register and make a deposit using Bitcoins for LoL betting, bookmakers may give you exclusive bonuses and promotions such as welcome bonuses, free bets for LoL events, cashbacks, and match bonuses.

Anonymous Betting

Many bettors regard privacy as a luxury. But if you’re using Bitcoins, privacy is not out of reach. When you register an account, you’re automatically anonymous and given an account number. You have the choice to provide e-mail address but nothing more. 

Cheap and Quick Transactions

Bitcoin LoL betting only require zero to relatively low transaction fee every time you make deposits and withdrawals. The blockchain technology used for Bitcoin betting automatically sends and receive bitcoins for free. Additionally, all transactions made are validated, confirmed, and transferred to your account quickly. Once you won an LoL game, expect your winnings to be transferred in a matter of minutes or hours. 

LoL Bitcoin Betting Odds: Types and Differences

League of Legends remains to be the biggest esports game in the industry. There’s no doubt that the game will likely remain in the arena for decades, maybe even century if the game can continuously adopt the ever-changing trend in gaming and technology. As a bettor, you have to keep up with everything, especially the odds involved for the competing teams—whether it’s from the League of Legends World Championship or some minor qualifiers. 

LoL Bitcoin betting odds can be the bane of a bettor’s existence if he doesn’t know what he’s doing. Aside from the stake and profit we’ve easily come to know, the odds will also play an important role in your total payout. These are the numerical representation of the chances you and your chosen team have in winning. Bookmakers often express them in Decimal, Fractional, and US odds to make the bettors more comfortable in reading the lines while betting. They can be complicated to look at, but you can convert them easily with simple equations. With that, you must understand the differences between the three:

Decimal odds - mostly used in Europe, Australia, New Zealand, and Canadian LoL betting markets. It’s one of the simplest and most popular LoL Bitcoin betting odds since it already represents the payout for every unit you stake. All you need is already in the equation. 

Fractional odds - LoL gambling sites based in the United Kingdom and Ireland are the common users of Fractional odds. These odds are expressed in two numbers; in fractions, of course. The numerator shows the payout you might win after betting, while the denominator shows the amount you need to bet to get the numerator.  

US odds - also known as American odds or moneyline odds. It is expressed in negative and positive numbers for the favored team and the underdog. The negative number attached to the favored team shows the amount of bet you need to stake in order to win 100mBTC, while the positive number attached to the underdog is the amount you will win for every 100mBTC placed. 

Bitcoin LoL Odds: States and Formats

In betting, odds are only a representation of something greater — probability. Knowing how to handle and calculate odds and probability is the first step you need to follow in developing your personal assessment of a betting value. This is highly advisable and applicable for those bettors who want to enter the world of LoL betting through Bitcoin. 

You see, understanding Bitcoin LoL odds is the biggest challenge anyone new to the betting industry faces. But what do odds actually represent, and how can you understand the return value of all the bitcoins you’re staking? See our narrative below and ready your Bitcoin wallet and betting calculator. 

ODDS FORMAT

There are many different odds formats. You’d be surprise to see Bitcoin LoL odds in confusing states and equations, but the most common ones used by LoL gambling sites are American, Decimal, and Fractional odds. 

American Odds - also known as moneyline odds or US odds. It is, of course, most used in the United States. It always use the baseline of $100, but in Bitcoins it could mean 1 BTC or 100 mBTC to represent the ratio of the amount or profit won for the unit you stake. When the odds are in negative, it’s for the chalk team; when the odds are in positive, it’s for the underdog.

Decimal Odds - predominantly used in continental Europe, Australia, and Canada. It is a simple numerical representation of the possible profit and stake once you win the game. You just have to multiply your stake with the decimal odds shown, and that would yield to your payout. 

Fractional Odds - these types of odds, like Decimal, are extremely easy to calculate. Fractional odds is also known as UK odds and these are most often used in the United Kingdom and Ireland. They are given in fraction for. The denominator is the amount of bet, while the numerator is the possible payout that you might win for that amount of bet. 

Evaluating LoL Betting Sites

Officially, League of Legends is considered as the biggest esports game today. Yes, both as a game and as a market for betting. The sheer thrill of watching a fast-paced event can add to the excitement of earning bitcoins through betting. So why are you still standing there, wondering when to start? Begin your journey by choosing the best betting sites perfect for LoL betting.

Reputation and History

There is so much to say about a company’s reputation and history. A mere company background on the homepage can tell you everything you need to know about the betting site and the people running it. Don’t just find out what these LoL betting sites can offer, also see if their core values are align with yours. 

Website’s User Friendliness

The ease of use of the betting site can make your gambling experience comfortable. The betting part is hard enough, the website itself shouldn’t give you any more hard time. Visit the website, study the layout and navigation of the homepage and other pages.

Range of Coverage

As we have mentioned before, League of Legends is considered the biggest esports game today. It is also one of the biggest tournaments in the world, driving everyone crazy with the Summoner’s Cup and millions of prize pool. Since it’s big, don’t deprive yourself of the range of coverage you can get. The LoL betting sites you’re checking out should contain a wide range of LoL tournaments.

Bonuses and Rewards

Freebies, bonuses, and promotions can be a foundation for beginners. Welcome bonuses and free bets can prolong your journey. It will help you bet more and risk less. If you want to acquire these, make sure that the betting site you will be registering offer bonuses and promotions for esports bettors; and make sure you know when to use them.

Selecting The Best LoL Gambling Sites — Where To Start

Online gambling is booming and one major reason for its success is the esports industry which focuses on League of Legends. We’re talking about millions of fans, gamblers, and supporters here. It’s not just thriving, it’s really big. With the increased popularity and demand, it’s only natural for their offers and tricks to increase as well. The number of online gambling sites offering LoL markets is probably ten times bigger than what it was three years ago--not to mention the inclusion of Bitcoin to the betting industry. 

But with so many options, how does one choose the best LoL gambling sites? All of them may be entertaining, but not all of them are reputable. If you are not experienced in the industry and you consider yourself as a noob or newbie, all these gambling sites may seem identical. So we took the liberty to come up with this guide to help you make your choice.

WHERE TO START

Licensing - reputable LoL gambling sites are licensed by an independent and/or governmental gambling control board. There are lists containing all the authorities responsible for monitoring these sites, and all you have to do is check the licenses or logos on their homepages. 

User Navigation - familiarize yourself with the layout and navigation of the website. A platform that you can navigate easily can help make your betting experience comfortable.

Requirements and Restrictions - a gambling site follows certain terms and conditions, and they also implement it for the customers to follow. Check if the gambling site supports access to your country or region, and see if they have wagering requirements for LoL betting.

Tournament Selection - LoL tournaments have been around for a while now. There are major and minor tournaments being conducted for the entire year such as League of Legends World Championship, Mid-Season Invitational, and NA LCS. Check if the gambling site covers most, if not all LoL tournaments. 

LoL Betting Tips For Regular And Casual Gamers

You should know by now that esports is one of the fastest growing industries today. After all, many fans of League of Legends have turned themselves into bettors. If you’re one of the new faces in the world of online gambling, these LoL betting tips are for you.

LOL BETTING TIPS

League of Legends is a highly-competitive game, that’s already given. What you need to understand is we also want you to be competitive. Since your Bitcoin is limited, you should set your priorities straight. You have to consider your funds and the current situation before betting. To begin, follow these tips below: 

Browse the internet for LoL Betting Sites. Bookmakers that are Bitcoin-exclusive or at least accept Bitcoin as one of their payment methods are easy to reach, but the most-reliable ones need further research. Once you successfully find one, check their legitimacy, functionality, and benefits before finally setting up your account. Additionally, check the selection of games. 

Another is to become an esports enthusiast. LoL betting tips are useless if you don’t know what esports is. Start doing your homework and research. You have to watch the game, study the players and their champions, know the form of the team. If possible, try to watch all matches of the teams involved prior to the tournament you’re going to bet.

You should never use all your resources on gambling. Manage your Bitcoins properly and keep your Bitcoin wallet intact. If you run out of Bitcoins, your hard work would just go to waste. Set limits on how much Bitcoins you can afford to lose. Set limits on how many coins you want to gamble.

APPLICATION 

Our list of tips would work for regular and casual gamers alike. But if you really see LoL Bitcoin betting as an investment or a profit-making hobby, apply these tips and it will surely benefit you in the long-run. Track the latest tournaments and championships worldwide to familiarize yourself more and more with the game and the teams competing!

From LoL Bitcoin Betting Predictions To Profit

When it’s the time of the day for betting, always expect the unexpected, especially if it’s an esports tournament with two rival teams. Each tournament and match is different from the ones before, the game modes improve because of the ever-changing technology. Therefore, you need to have an advantage on interpreting data.

Don’t worry. Our research, analysis, and justification are fail-proof and will help you find good betting opportunities. We know how hard it is to predict the outcome of a match, but we’ll make interpreting easy for you using these information so you can always stay confident with your LoL Bitcoin Betting Predictions.

Betting Market

The functionality of your bookmaker is will affect your betting experience. You can earn more Bitcoins if your bookmaker is as effective as your LoL Bitcoin betting predictions. Choose wisely and make sure you consider these criteria: selection of LoL tournaments and leagues, bonuses and promotions, gambling licenses.

Betting Types

For more chances of winning, try exploring more types of bet and try to avoid favoritism. Your loyalty can harm you when betting. Lay your options on the table. Look away from your favored team for a minute, and assess the strengths of the underdog.

Betting Odds

Predictions are calculated using data and statistics. Studying odds conversion can be your edge among other bettors, especially if the market covers decimal odds and fractional odds. Research, read, and analyze the information at hand.

PREDICTIONS TO PROFIT

If you really want to invest in Bitcoin or to make money from LoL betting, make it a hobby to remind yourself that despite having digital currency, you’re still gambling with real money. Don’t just have fun, take on the next level of money-making. Use all the information we’ve given you about LoL Bitcoin betting predictions and only risk what you’re willing to lose. Interpret the outcome and protect what you have.

Top Global Teams For LoL Betting Predictions

There is nothing more exciting as playing and betting on an esports competition, especially if it’s League of Legends (LoL). If you haven’t heard, the game is one of the biggest online game in the world and continuously dominate the market from this point forward. In response to this demand, we’ll help you navigate the world of online betting.

Through making accurate LoL betting predictions, you can easily beat the odds and claim the Bitcoins you’ve been eyeing for days. This is where we begin. In this page, we’ll give you the latest updates about the game and the betting community of LoL, starting with the top favorite teams.

SK TELECOM 1 - A South Korean esports team that specialized in League of legends and Starcraft. The team has won three League of Legends World Championships. The team’s total prize money earned is $8,563,432.45 from 211 Tournaments. Surely, they will make a good addition to your LoL betting predictions.

SAMSUNG GALAXY - On the 2nd list this year is Samsung Galaxy, another South Korean professional gaming team.  The organization is a unified team of the previously two sister teams, Samsung White and Samsung Blue. The total prize money earned of the team is $5,255,289.34 From 348 Tournaments.

EDWARD GAMING - Hailing once again from Asia, Edward Gaming is a professional esports LoL team in China.

The made a strong debut in 2014, and was nominated the best team in China LoL of the Year 2014 and 2017.

ROYAL NEVER GIVE UP - Not Breaking the Asian Lineup is China’s Royal Never Give Up, the winner of the the LPL Spring 2018 and 2016, as well as 2018 Mid-Season Invitational. In total, their prize money earned is $2,338,772.77 from 24 Tournaments.

WORLD ELITE - Simply known as Team WE. The team is the very first esports club based in China. The were nominated as the best team in China LoL of the Year Awards 2017, but they won the Most Improved Team title in the same year. Their prize money earned is $2,112,658.70 from 171 tournaments.

LoL Bitcoin Betting Tips—Effective And Risk-Free

League of Legends World Championship was established in October 2011, 7 years ago today. Teams have been competing for the champion title, the summoner’s cup and the prize pool for years, and people still enjoy up until now-especially the fans and the bettors. This is due to the fact that LoL still remained as the most-played game in history of esports. That being said, we took the liberty to  give you the most effective LoL Bitcoin betting tips.

LOL BITCOIN BETTING TIPS

League of Legends is a highly-competitive game, and your digital funds are surely limited. As a bettor, you have to consider this aspect before joining LoL Bitcoin betting. It’s not-risk free, but we can at least diminish this if you know what you’re doing. You can’t just go with the flow or always side with what’s the majority is thinking when there are other effective options and possible outcomes available. Along with your beginner’s luck, you will need these LoL Bitcoin betting tips:  

Search the internet for LoL gambling sites. Those that are Bitcoin-powered or or at least accept almost all types of cryptocurrencies are the most ideal. But looking for the most-reliable ones is challenging. Once you successfully find one, check their licenses, functionality, and benefits before finally setting up your account.

Another thing and the most important one is to become an esports enthusiasts, focusing on League of Legends. Know your homework and do your research. Knowing what is Bitcoin is an easy task since all information is already laid out on the internet, but studying the game requires a more deeper understanding.. You have to watch the game, study the players and their champions, know the form of the team.

Don’t use all your resources on gambling. Manage your Bitcoins properly. It doesn’t matter if you successfully followed the rest of our LoL Bitcoin betting tips, if you run out of Bitcoins, you have nowhere else to go. Set limits on how much Bitcoins you can afford to lose, set limits on the number of bets you’re going to try, and set limits on the matches you are planning to bet on.

Making Accurate Predictions With LoL Betting Odds

An esports event, especially the ones under League of Legends, is one of the most exciting things to watch if you’re staying at home or out with your friends. There’s something fascinating about how these players control a character or their entire dominion. But when a favorite team is at a disadvantage, the game could be as frustrating as a football game. That’s why if you’re a bettor, you need to get your head in the game if you want to do an accurate betting prediction.

HOW TO MAKE ACCURATE PREDICTIONS

The best way to make an accurate prediction is to know how to read LoL betting odds. These are the represented chances if an outcome is going to happen or not, mostly given to the favored team and the underdog playing a match. But still, make sure that the odds you’re reading are the best ones in the market. There are many fishes in the sea, as the saying goes, and we want you to find the best bookmakers that give the highest possible betting value. To establish this, execute odds comparisons.

TIPS TO COMPARE SPORTS BETTING ODDS

Get started by narrowing down the most popular and trustworthy sites that offer LoL betting markets offering the latest matches on League of Legends World Championship. You need to sign-up if you want access to their products and services, LoL betting odds, and bonuses. In actuality, you have a much better chance of winning if you register to sports betting sites that you initially tried. It’s much easier to compare odds when you’re familiar with some of the websites.

Next step is to keep a small balance in each betting account. If you’re short on budget, try to maintain and observe all your betting accounts when there are upcoming LoL matches. You need constant communication among these bookmakers.

Betting on LoL—Top 3 Things To Get You Started

League of Legends (LoL) if not the largest, is one of the biggest esports in the world. Since 2011, its creator Riot Games has hosted the now annual League of Legends World Championship where 16 professional teams from different regions compete for the champion title and the prize money (the biggest on yet is the 2014 edition with a $2.13 million prize pool). But apart from the World Championship, Riot also host the League of Legends Championship Series or LCS where twenty teams compete in separate leagues in North America and Europe, ten teams each.

Given all the prestigious tournaments of LoL, it is certain that it is a good foundation for online gambling with Bitcoins. This is the type of market you won’t go bankrupt if you have the proper tools, materials, and resources.

THINGS YOU NEED FOR BETTING ON LOL

Bitcoin Wallet - You’ve probably know by know that the best currency for betting on LoL is Bitcoin. Fiat currencies, so the first thing you need to acquire is a Bitcoin wallet. It will be the storage for all your funds. You need this to do deposit and withdrawal transactions.

Bitcoin Sportsbook Reviews - these are the comprehensive guides you need to read before choosing a bookmaker to place your LoL bets. This will tell you all the information about a certain bookmaker, including licenses, website navigation, payment methods, current bonuses and promotions, and customer service support.

Streaming Apps or Websites - While betting on LoL, you also need to keep track of the game since you’ll be needing updates on what’s happening. This could also help you know the progress of the teams, which will ultimately affect exotic bets like handicap betting and parlays. The best websites or apps to stream LoL matches are from Riot’s very own sponsors and partners: Twitch, Youtube, Facebook, and ESPN+.

LoL Bitcoin Betting—Transactions and Benefits

The evident and rapid rise of Bitcoin technology has led to many significant changes in different sectors, particularly in many online betting sites. Who wouldn’t want to experience the thriving economy and transactional properties of Bitcoin partnered with competitive gaming?

LOL BITCOIN BETTING

Compared with several esports games in the market, League of Legends has the most number of fans, players, and viewers. The latest report from Gametrics.com shows LoL superseding PlayerUnknown’s Battlegrounds in viewership. The main contributor to LoL’s ever-growing players and viewers are the South Koreans, but be that as it may, the world widely accepts LoL as a game and as form of gambling.

With rising statistics and popularity, LoL Bitcoin betting was introduced after the majority of the crypto-users realized the potential of Bitcoin for transactions.

Potential of Bitcoin for LoL betting

Anonymity - LoL Bitcoin betting allows every gambler to remain anonymous as long as they want and as much as they want to. Unlike brick-and-mortar sportsbooks where you’re physically present for gambling, online betting sites can give you the power to hide your identity using Bitcoin. You just have to provide a Bitcoin wallet, and the choice is yours if you want to use your e-mail as a log-in verifier.

Special Bonuses and Promotions - If you use Bitcoins as your main mode of transaction for deposits and withdrawals, expect to receive exclusive bonuses and promotions as crypto-user. Bookmakers will instantly catch your attention using lucrative welcome bonuses, 100% deposit bonus, match bonuses cashbacks, and free bets for LoL betting. More of these will come your way every League of Legends World Championship, NA LCS, and more.

Speedy and Cheap Transactions - Once you win bitcoins with LoL betting, you can receive your payout and profit in just a matter of minutes. Some are even seconds, depending on how big the money is. Using Bitcoin in betting only require little to zero transaction fee for both deposit and withdrawal processes, and once you transfer or cash out money from your account, it can be validated and confirmed by the sportsbook easily.

Introduction to LoL Betting

Esports, without a doubt, has given rise to online competitive gaming and gambling. In fact, the esports market is currently priced at approximately $900 million, and that estimation will only grow in the next few years. With every passing tournament and and matches, the prizes get richer and the viewership increases.

One of the main contributors to this soaring value are LoL betting and League of Legends itself. The game and the gambling. The industry is going quickly and big money is pouring in from players, viewers, sponsors, and even gamblers. It has created an underground online economy with Bitcoin betting and skin gambling in the picture.

CONTINUOUS RISE IN POPULARITY

Considering the amount of money on the line every LoL tournament, it is unsurprising that LoL betting is on the rise, and if the fans are as solid as they say, will remain on the limelight. In fact, the biggest prize pool for the 2017 League of Legends World Championship was $4,596,591. All succeeding tournaments this 2018 will surely surpassed that record with the help of the gambling community.

Anyone who has an experience with casino and traditional sportsbook knows that esports is a potential market for profit-making activities. Numerous betting sites have popped up from the corner, allowing millions of gamblers and esports fans all over the world to bet on their favorite teams while watching the game—in the same way they would on basketball, football, baseball, and hockey.

If you want to earn bitcoins or if you just want to experience a gambling activity like no other, LoL betting is the nearest way to success. All you need is a Bitcoin wallet, your knowledge in betting, and an internet connection. No need to walk on eggshells, no need to watch your step—let BetLoL.eu handles the rest.