Betting on Esports in Canada – 4 Things You Need to Know

Canada has one of the most developed betting markets in the iGaming industry and it is home to loads of different bookmakers. They specialize in different sports, and some of them choose esports over the rest. That’s the main reason locals can access many different sites focused on this sport.

But how can Canadians choose an esports bookie that is actually worth it and how can people bet on esports? This is an interesting question that a lot of people do not have the answers to, but fear not, because this article will show you everything you need to know. 

It is essential to understand the esport you bet on

One of the first things you need to be aware of before you start betting on esports is that you need to be fully aware of what you are getting yourself into. The fact that most betting sites in Canada include various Esports does not mean that you have to start wagering right away, because you need to actually understand the specific game. Sadly, this is often easier said than done for people who do not have any experience.

Some Esports are a lot easier to understand than others because of how they function. For example, Counter-Strike 2 is a game where you have two teams playing against each other, and you can wager on which team will win. While games like Dota 2, League of Legends and even Valorant also offer similar betting markets, each one has its own specifics that you should definitely dive into.

Understanding the Esport you wager on may require some research beforehand. For example, you may have to watch a few live streams or read at least one guide to get a feeling of what to expect. Keep in mind that esports betting offers many opportunities, but the only way to take advantage of them is to have the necessary knowledge.

There are many different types of esports bets

As mentioned in the previous heading, esports sportsbooks offer a wide range of options for some of the more popular games. Many of them are unique to gaming competitions and offer good opportunities. That’s why you need to take the time and get familiar with everything and how it works.

For example, all esports will have match winners, map winners, and handicap betting. When you dive deep, however, you will find loads of unique opportunities that often provide good odds.

Let’s take Dota 2 as an example. The game is known for offering hundreds of betting options, such as the first to kill Roshan, the first to destroy a tower, the first to reach X last hits, and more. All of these markets are interesting and the odds will most likely be good, but you won’t be able to take advantage of anything unless you understand how the game works.

Esports betting can be a lot more volatile than traditional sports

Another important point Canadian players should keep in mind before betting on esports is volatility. Our experience shows that esports betting often has higher volatility than traditional sports betting and not everyone is okay with that.

Roster changes are extremely common, and a single player transfer can dramatically affect a team’s performance. Alongside that, game developers regularly release updates and patches that alter gameplay balance. This means teams have to adapt quickly and learn to take advantage of the situation. 

We also have to share a few words about the younger esports players. Many of them are really difficult to predict because some quickly become among the best in the game. As a result, you can face a lot of upsets. 

All of those things make Esports fun to watch, but bettors can get in trouble. Knowing how to manage your bankroll is one of the skills you need to master, one way or another, because it can save you from losing a lot of money. 

Outside of that, Canadians need to fully embrace the responsible gambling practises that many sites “preach”. This means that they have to avoid emotional wagers, track their betting history, wager smaller amounts and research their team’s conditions. 

Bonuses and promotions can add extra value

Many online sportsbooks in Canada that offer esports betting will offer special bonuses designed for these players. The promos can be in various forms, but you can expect to find welcome bonuses, free bets, cashback deals, odds boosts and even loyalty rewards. New players usually like them because they can provide extra value when exploring the different sections. 

Before choosing any of the different bonuses, take the time to learn more about the Terms and Conditions. Each esports bonus you will come across comes with specific rules you must be fully aware of and it’s essential to learn how they work. Keep in mind that the bonuses should never be the main reason for choosing a sportsbook in Canada – it is just one of the essential factors to consider. 

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