E-sports betting in Maryland isn’t all that different from betting on any other sport. All you need to do is find a sportsbook, choose your bet, and away you go! As esports gambling becomes more and more popular, you may find most major tournaments offered on sportsbooks in Maryland.
Guide to e-sports bets in MD
Did you know that the video game business makes more cash than the movie industry? It should probably come as no surprise that a few people have tried to capitalize on this. It seems that barely a week goes by where there isn’t a major e-sports tournament running somewhere in the world. With online betting now legal in the US, you can bet on these events through the power of E-sports betting in Maryland.
Since online betting is fairly new in MD, we know that there may be some people that are a little bit confused about how the whole thing works. Thankfully, you have us. This is an e sports bet guide. On this page, we are going to talk to you about how e-sports betting works. We want to tell you about some of the most popular games. We even want to provide a few e-sports betting tips to help increase your odds of winning.
Best E-sports betting in MD 2022
Sadly, there are very few sportsbooks that offer e-sports betting in Maryland. It is unlikely that this will change anytime soon. Thankfully, the sites that do offer e-sports betting in Maryland tend to offer a great gambling experience. Here are some of our favorites Maryland sportsbooks.
Caesars E-sports Betting
Caesars sportsbook in MD is a fantastic place for those new to e-sports. This is because Caesars was one of the first companies in the US to recognize the whole idea of e-sports betting. This means that they tend to have more betting markets available for keen gamblers. They also have a few bonuses tied specifically to e-sports gambling.
BetMGM E-Sports Bets
BetMGM Maryland focuses heavily on mobile betting. They also love their live e-sports betting. So, if you want to gamble while watching your favorite game being played on Twitch, then BetMGM is worth checking out.
Pointsbet E-sports Online Betting
Pointsbet in Maryland doesn’t always have the greatest selection of events available. However, there is one thing that they do well. This is providing tremendous esports betting odds. We always check here first when we are betting on major e-sports events.
How does E-Sports betting in MD work?
We are sure that you already know what esports is, right? If you don’t, then we really wouldn’t recommend that you attempt to bet on it. As with all bets, you need to have a solid understanding of how an event works, otherwise, you are just throwing away your cash.
E-sports is the collective term given to any game that is played competitively. For example, while DOTA2 and League of Legends are two separate games, they both come under the category ‘esports’. The same with CS:GO, Rocket League, Fortnite, etc.
When most people think of esports, they think about those events with massive prize funds that you can gamble on. There are some esport events that have multi-million dollar prizes available!
Esports betting works exactly the same as betting on any other sport. You choose the outcome that you want, stake your cash, and if that bet wins, you get cash from the sportsbook!
What games are available for E-sports betting in Maryland?
Most major e-sports will be available for e-sports betting in Maryland. However, there are some that will appear a little bit more often. We assume that it is because these events are going to be attracting the most gamblers. They also often have a lot of tournaments run throughout the year. This can help people get really invested in the game.
We aren’t going to give you a description of each game here. After all, you are likely a gamer. You will have heard of all of these before:
- Call of Duty
- Counter-Strike: Global Offensive
- League of Legends
- Rocket League
The one team that runs events regularly is eNASCAR. This may be one of the few e-sports games that you will not have heard of. This is because it isn’t a game as such. It is just a tournament run through the iRacing racing simulation game.
If you see a major tournament being featured on Twitch, then chances are that there will be some site in Maryland that is going to allow you to gamble on it. There may not always be a huge number of betting markets available. However, you certainly should be able to find a bet or two that you can make.
Betting odds E-sports betting in Maryland
Not quite sure how to read e-sports betting odds? This is the section for you! We are not only going to tell you how to read these odds, but we are going to tell you how they are calculated in the first place.
How sportsbooks determine esports betting odds
Through a lot of statistical analysis. Sportsbooks will look at past results for an e-sports team or player. They will then use this information to calculate who the favorite and the underdog is for an event. As soon as a sportsbook posts e-sports betting odds, then you will know who the sportsbook in Maryland believes is most likely to win an event.
It won’t be long before eagle-eyed gamblers notice that betting odds will change, thóugh. This is because an online betting site is a business. Like most businesses, they are not fans of losing cash. As a result, they will tinker about with posted odds to ensure that they have an equal number of bets on each side. This means that they will never lose!
E-sports betting odds often change a lot more frequently than betting odds for other sports. This is due to a lower amount of cash being staked. As a result, even the smallest of bets can rapid+ly swing the odds.
How to read betting odds
If you want to successfully gamble on e-sports, then you need to know how to read betting odds. Thankfully, this isn’t too difficult to do.
Determining the favorite
Most Maryland online betting sites will use something known as ‘American Odds’. In order to work out who the favorite is for an event, you are looking for a – sign next to a number. If you see something like -84 then you will know that this is the favorite outcome for the event.
The higher the number that follows the – is, the more of a favorite that particular bet is.
In order to determine how much you can win, you need to look at the number after the -, This number is the amount you would need to bet on the esports odds to earn $100. So, in the example given here, you would have to bet $84 to win $100. Since you get your initial stake back, an $84 bet would give you $184.
Determining the underdog
The underdog will have a + next to it. The greater the number that is next to the +, the more of an underdog that bet is.
Working out how much you get paid on a winning bet is slightly different here, though.
The number that follows the + is the amount you would be paid if you bet $100. So, if you saw +200 and bet $100, you would get $300 back (including your stake). If you bet $50, then you would get $150 back!
Best beginner bets for E-sports bets in MD
Because esports is a fairly new way to gamble, and it still hasn’t attracted a lot in the way of punters, you won’t find that many betting markets available. In fact, the betting markets available are rather simple and are all ideal for beginners. Let us walk you through them in order. The markets at the top of this list are easier bets than the ones near the bottom.
Moneylines esports bets
This is the bet type that we suggest that all newbies begin with. With moneyline bets, you are betting on the winner of an event. In most cases, it should be pretty easy to work out which team or player stands the greatest chance of winning.
Futures betting on e-sports
Futures bets allow you to bet on future events. For example. in the case of League of Legends, you may be betting on who will win the Worlds.
These bets are a bit tougher to win than moneylines. However, there will often be just a couple of favorites for an event, and if you understand the esport, then you will likely know the favorites.
Over/Under esports online bets
Over/Under bets are where things start to get a little bit more difficult to win. This is where gamblers will need to start to get into a bit of statistical analysis.
The way in which over/under bets work will be dependent on the esport. However, in almost all cases, it will involve looking at the combined points for the two teams that are competing. In the case of CS;GO, for instance, you may be betting on the total number of maps played.
Your aim is to work out whether the points total is going to be over/under a certain amount. It is a simple bet to make. You just need to look at past history for each team. Even match-ups are likely to have a larger number of rounds/points scored, and a clear favorite v a severe underdog tend to be lower scoring.
Point spreads are often used when there is a clear favorite. This means that there is little chance of the underdog winning. Point spreads essentially put both teams on a level playing field so it feels exciting to bet.
With point spreads, the favorite team will have a handicap. For example, they may start a couple of points behind the underdog. A point spread bet is essentially you betting on whether the favorite can make up that starting point deficit.
Let’s say you are betting on a Rocket League ‘Best of Five’ game. The game (in the eyes of the bet) may give the favorite team a 1-point deficit. Therefore, in order to win this bet, the favorite would have to beat the underdog by more than 1-point. If they don’t, the underdog is the winner for the bet.
Prop bets are smaller bets on events that are happening in the game. These are tougher to win and are not recommended for new gamblers. This is because you need to know how the game works.
Prop bets can vary from game to game. For example, we have seen prop bets that focus on how fast a round of League of Legends will be. We have seen some that focus on the number of overhead goals scored in Rocket League. We have seen CS:GO bets that focus on how many times a bomb may be disarmed.
Top betting tips for successful Esports betting
There are just three tips that we want to share with you here. This is because you are likely a new gambler, and we don’t want to overwhelm you with tons of information. These are really just tips that ensure that you make much more successful bets.
Read esports news and listen to tipsters
If you want to bet successfully, then you need to understand the world of esports. Pay attention to any news for the game that you want to bet on. For example, new signings for teams, performance ratings, etc. The more information that you absorb, the easier your betting will be.
There are a lot of tipsters in the esports industry too. These are gamblers that want to share their best picks for certain events. Listen to them. This will allow you to understand their thought process when making picks. You can use this information to make your own bet picks later on.
Play the game
We can’t imagine that anybody would be successful with esports betting if they do not understand the game. So, play as much as possible. Sure, you may never be a pro-standard, but you need to know the flow of the game. This is going to be especially important if you want to engage in live betting. It results in you making far smarter bets.
Watch esports regularly
If you watch esports regularly, then you will get a feel for the top-performing teams and players. Many top esports gamblers may focus on the performance of just a couple of teams. They get to know those teams inside out. This results in far more successful bets because they can make more accurate predictions.
FAQ’s About E-sports betting in Maryland
Why do some sites not offer e-sports betting in Maryland?
Because not a lot of people are betting on e-sports. Most sites only focus on the betting markets that could potentially make them the most cash. At the most, a site would only ever get a couple of hundred people betting on e-sports. Therefore, for many sportsbooks, it isn’t really worth their time.
Can you live bet on e-sports?
Many major events will likely have some live betting available. Although, do bear in mind that live betting on e-sports doesn’t make you much in the way of cash. This is due to the fact that e-sports betting is rather niche, and thus doesn’t attract a huge number of bets. As a result, the odds remain quite short.
What is the minimum bet for e-sports betting?
This will always be dependent on the sportsbook. However, it is quite rare that there will be a minimum bet in place. If you are unsure, then always make sure that you contact the customer support team for the sportsbook, or at least browse through their FAQ.
How long does it take to withdraw cash for a winning e-sports bet?
This is dependent on the site that offers e-sports online betting. It will also be dependent on the withdrawal method. The standard withdrawal time will be between 3 and 5 days. This means that you won’t be able to get your hands on your winnings instantly.
Are international events available for e-sports betting in MD?
If it is a major international event then, yes, a sportsbook will likely cover it. If it is a niche tournament happening, then they may not. Sportsbooks only really want to cover events that are likely to earn them money. Anything else would be a waste of their time.