League of Legends is arguably or of the best eSports games and was designed, created, and released by Riot Games in 2009. While it gained enough attention in its first official gaming tournament in 2011, it became one of the most played games in its second season of competitions.
The breakthrough, in this game, was brought about by the players from China and Korea. The growing gaming industries of the two countries added a lot to an already famous game making it the largest esports league in the world.
Online sports betting sites have been around as at when League of Legends came out. According to some statistics, LoL has still maintained its numbers when it comes to online streaming. The rise of the likes of Fortnite must have made it difficult, yet LoL stayed on the top.
Today, League of Legends is still under the top 3 products representing around 95% of all the betting activity all over the world.
What to Look for in a League of Legends Betting Sites 2024
Before you start your LoL eSports betting adventure, there are some things you need to know on how to choose the best site to bet on LoL.
Reputation and Licensing
First and foremost, always check the reputation and licensing of a betting platform. The best LoL betting sites will be licensed by a recognized authority, ensuring it adheres to strict regulations and standards. This not only protects your funds but also guarantees fair play.
Range of Betting Markets
A good betting site should offer a wide range of betting markets. Look for sites that provide various options, such as match winner, first blood, and total kills. The more markets available, the more opportunities you have to strategize and win. Top League of Legends betting sites offers a variety of betting opportunities that includes Rocket league, League of Legends World Championship, Regional League, Multiplayer Online Battle Arena, and other main League of Legends events.
Competitive Odds
Odds are a crucial factor when betting online. Online betting sites that offer competitive betting odds give you better returns on your bets. It’s worth comparing odds across different sites to ensure you’re getting the best deal.
User Experience and Interface
A user-friendly interface makes a world of difference, especially if you’re new to betting. Look for sites with intuitive navigation, clear instructions, and a responsive design. This ensures you can place bets quickly and easily.
Bonuses and Promotions
Top LoL betting sites offer bonuses and promotions to attract new users. These can range from welcome bonuses to free bets and cashback offers. Take advantage of these eSports betting bonuses to boost your betting budget.
Payment Options and Security
Security should be a top priority when choosing a betting site. Ensure the platform uses encryption to protect your personal and financial information. Additionally, look for sites that offer a variety of payment options, including credit/debit cards, e-wallets, and cryptocurrencies.
Customer Support
The best eSports betting sites have reliable customer support. This is essential especially if you encounter issues. Choose sites that offer 24/7 support via live chat, email, or phone. Prompt and helpful customer service can make your betting experience smoother and more enjoyable.
Top League of Legends Betting Sites For 2024
There are many League of Legends eSports sites available today, what which ones are the best? Below, we’ll discuss the best eSports betting platforms you can choose from to start betting on LoL matches.
Betway Esports: A Comprehensive Review
Overview
Betway eSports is one of the best betting sites in 2024 where you can place your bets on LoL. Betway Esports is a well-established name in the esports betting industry. Known for its robust platform and extensive market coverage, it’s a top choice for many bettors.
Betting Markets
Wrn it comes to the League of Legends eSports scene, Betway offers a plethora of betting markets for League of Legends, including match winner, map winner, and specific in-game events like first turret or dragon.
Odds and Promotions
Betway is one of the betting sites with the the best odds. The odds are competitive, often matching or exceeding those of other top betting sites. Additionally, they offer various promotions, including free bets and deposit bonuses.
User Experience
The user experience on Betway is exceptional. The site is easy to navigate, with a clean layout and quick loading times. The mobile app is also highly rated, allowing for seamless betting on the go.
Payment Methods
Betway supports a wide range of payment options, from traditional credit/debit cards to modern e-wallets like PayPal and Neteller. All transactions are secured with advanced encryption technology.
GG.Bet: A Comprehensive Review
Overview
GG.Bet is another prominent name in the esports betting world. With a focus on providing a comprehensive betting experience, it has become a favourite among League of Legends bettors.
Betting Markets
GG.Bet offers extensive betting markets for LoL, covering everything from match outcomes to in-game events. This variety allows bettors to find the best opportunities to place their bets. They also offer in-play betting and other eSports betting options.
Odds and Promotions
The League of Legends betting odds at GG.Bet are highly competitive, and they frequently run promotions to keep their users engaged. These include welcome bonuses, free bets, and seasonal offers.
User Experience
GG.Bet’s platform is user-friendly, with a sleek design and intuitive navigation. Whether you’re on a computer or mobile device, placing bets is straightforward and hassle-free with their mobile betting app.
Payment Methods
GG.Bet supports multiple payment methods, including credit cards, e-wallets, and cryptocurrencies. They ensure all transactions are secure and processed swiftly.
Unikrn: A Comprehensive Review
Overview
Unikrn is renowned for its innovative approach to esports betting and League of Legends is one of their many offerins. With unique features and a strong focus on the gaming community, it stands out from traditional betting sites.
Betting Markets
Unikrn offers many betting markets for League of Legends. From standard match bets to more niche markets, there’s something for every type of bettor to easily wager on League of Legends.
Odds and Promotions
Unikrn offers competitive odds and a variety of promotions, including their unique “Unikrn UMode,” which allows you to bet on your own performance in games.
User Experience
The user experience at Unikrn is top-notch. The site is easy to use, and the UMode feature adds an extra layer of excitement for gamers who want to bet on their own skills.
Payment Methods
Unikrn offers various payment options, including traditional methods and cryptocurrencies. They prioritize security, ensuring all transactions are safe and encrypted.
Pinnacle: A Comprehensive Review
Overview
Pinnacle also makes our list of the best site for League of Legends. When it comes to the world of eSports, Pinnacle is known for its high betting limits and low margins, making it a go-to for serious bettors. Their reputation for reliability and fairness is well-established.
Betting Markets
Pinnacle offers a wide range of betting markets for League of Legends, catering to both casual and professional bettors. Their market depth is impressive, providing numerous options for strategic betting.
Odds and Promotions
Pinnacle’s odds are some of the best in the industry, thanks to their low-margin approach. While they don’t offer as many promotions as other sites, their consistently high odds make up for it and they are still widely regarded as one of the best betting companies for eSports.
User Experience
The user experience at Pinnacle is streamlined and efficient. The site is designed for serious bettors, with a focus on providing the best odds and fastest betting process.
Payment Methods
Pinnacle supports a variety of payment methods, including bank transfers, credit cards, and e-wallets. Security is paramount, and they use advanced encryption to protect user data.
Rivalry: A Comprehensive Review
Overview
Rivalry is a newer entrant in the esports betting market but has quickly gained popularity due to its engaging platform and community-driven approach. They are now widely regarded as one of the best League of Legends betting platforms.
Betting Markets
When it comes to League of Legends, Rivalry offers an extensive range of betting markets, from simple match outcomes to intricate in-game events. Their coverage is comprehensive, catering to all types of bettors.
Odds and Promotions
Rivalry provides competitive odds and a plethora of promotions, including welcome bonuses, loyalty programs, and special event offers.
User Experience
Rivalry’s platform is designed with the user in mind. It’s visually appealing and easy to navigate, ensuring a smooth betting experience whether you’re on a desktop or mobile device.
Payment Methods
Rivalry offers a variety of payment options, including credit/debit cards, e-wallets, and cryptocurrencies. They prioritize security and quick processing times.
How to Start Betting on League of Legends
Creating an Account
Starting your betting journey is simple. First, choose a reputable site and create an account. You’ll need to provide some basic information and verify your identity.
Depositing Funds
Once your account is set up, you’ll need to deposit funds. Choose your preferred payment method and follow the instructions to add money to your account.
Understanding Betting Types
Familiarise yourself with different betting types. These include match winner, first blood, total kills, and more. Understanding these will help you make informed bets.
Placing Your First Bet
With funds in your account and an understanding of betting types, you’re ready to place a bet on League of Legends. Select the match and market you’re interested in, enter your stake, and confirm your bet.
Types of League Of Legends Betting
Every single online esports betting site offers markets on major League of Legends tournaments, many of them straightforward and easy to understand for the average bettor and some more specific to the game’s unique format.
Here, we detail the types of bets you can place on LoL esports, based on the available markets offered by our highest rated esports betting sites.
Match Winner
You are betting on the result of the match – which team successfully destroys the other team’s Nexus and wins. The betting terminology varies between sportsbooks, but generally it is known as a ‘Match Winner’, ‘Money Line’ or ‘Head to Head’ bet. The odds are reflective of the perceived skill level of each team, and are usually based on their most recent win/loss records, roster changes and other potential player mishaps.
First Baron or Dragon
You are placing a bet on the team who kills the first Baron or Dragon. Both the Baron and Dragon are neutral, computer-controlled enemies which both teams can strive to eliminate for various buffs and benefits, at the cost of leaving their flanks undefended or opposition unaccounted for should they be killed by either.
First Inhibitor/Tower
You are placing a bet on the team who kills the first inhibitor or tower. Each lane on the map have towers and inhibitors which can be destroyed by both teams for gold and experience, and other benefits such as spawning friendly super minions to distract the enemy team – at the cost of being distracted with these side objectives.
Handicap
You are placing a bet on whether the team with the handicap advantage or disadvantage win one map in a series or to win without dropping a map.
Moneyline (Head to Head)
The moneyline or head-to-head bet is the simplest type of bet. It involves betting on one team to win the game outright. The odds for each team will be listed, indicating the likelihood of that team winning the game.
Multibet
A multibet, also known as an accumulator, parlay, or combo bet, is a bet where the bettor selects two or more games and combines their odds into a single wager. This type of bet can potentially result in higher payouts, but all bets must be successful to cash out.
Totals
Totals, also called Over/Under bets, are wagers on whether a game’s total score or number of kills/other objectives will be higher or lower than a specified number.
Spreads
Spreads are bets that give a team a handicap or disadvantage. The favorite team has to win by a certain number of points to cover the spread, and the underdog can either win the game, tie or lose by less than the number of points given.
Proposition Betting (Prop Bets)
Proposition bets are wagers on specific in-game events or occurrences that aren’t directly tied to match outcomes, such as which player will score first, how many kills a team will achieve in a certain time frame, and many more. Prop bets often involve creative and unpredictable scenarios and can be thrilling for experienced bettors.
Map winning
This type of bet is a bet on which a team will win a specific map or map segment, a best of 3 or best of 5 series.
Outright Winner
A common type of bet you can place on esports is betting on the overall winner of specific tournaments – not individual matches, but the entire tournament in question.
Totals
Totals bets are wagers in which bookies provide players with the expected number of “something” (in the example below – total kills). It’s on players to bet on whether the actual number will be over or under the expected.
Futures
Futures betting possess a multitude of different wagering options. The most popular are outright winners, MVPs, and team to reach the final bets. Outright winner futures require bettors to correctly guess the winner of the tournament, and the others are self-explanatory. If you have the patience, futures are the obvious way to go.
Most Popular League of Legends Tournaments
With the rise of esports, video game tournaments have become increasingly popular and are now considered legitimate sporting events.
Riot LoL – The Worlds Riot LOL
The Worlds Riot LOL is one of the most prestigious and globally recognized tournaments in the League of Legends community – hosted by Riot Games, the creators of League of Legends. The tournament features the world’s best teams competing for a grand prize of over $2 million and is one of the most-watched esports events of the year.
Tencent LoL
Tencent LoL also makes the list of the best League of Legends tournament in the LoL community. Tencent is the leading gaming company in China and hosts this competitive tournament that attracts players from all around the world. Tencent LoL is renowned for its high level of competition and exciting gameplay.
PG eSports
PG eSports is a popular tournament hosted in Italy, which has been part of the EU Masters circuit since forming in late 2018. The tournament features both online and offline events.
DreamHack
DreamHack is an established tournament platform hosting LAN events for major eSports games, including League of Legends. DreamHack is always hosted in different countries and has an average prize pool of over $100,000.
NEST LoL
Lastly, the National Electronic Sports Tournament (NEST) LoL is an annual tournament held in China and is considered one of the biggest LoL tournaments in the region. NEST is formatted in group stages, features online and offline games, and has a prize pool of around $100,000.
Tips for Successful League of Legends Betting
Research and Analysis
Success in betting often comes down to research. Study team performances, player statistics, and recent form. The more information you have, the better your chances of making a winning bet.
Understanding the Meta
The “meta” in League of Legends refers to the prevailing strategies and character selections. Keeping up with the meta can give you insights into which teams are likely to perform well.
Bankroll Management
Effective bankroll management is crucial. Set a budget for your betting activities and stick to it. Never bet more than you can afford to lose.
Staying Updated with News
Stay informed about the latest news in the League of Legends scene. Roster changes, patch updates, and other factors can significantly impact the outcome of matches.
Take advantage of live-streaming
Millions of bettors and gamers are fond of live LoL betting, as they can bet on their favorite esports title while watching the ongoing matches. The majority of LoL betting sites provide live streaming. Opt for a bookie with which you can follow the game closely and change your strategy in case the odds change.
Bet responsibly, and don’t get too emotional
If you are losing money, try not to bet higher as that is bound to make you lose more money unless your luck works. Losing may be frustrating, but when you fall prey to that frustration, you lose more.
Don’t rush your bets
Spontaneous decisions will not bring you any profit. Of course, part of successful LoL betting is pure luck. However, a clear wagering strategy and thorough preparation will help you make thought-out betting decisions.
Understand the basics of League of Legends odds
The odds are pretty significant in League of Legends. Higher odds mean a higher risk of loss and more considerable money. Whereas, the lower odds work otherwise. You don’t have to bet on a player/league that everyone’s betting on just because their odds are higher because the higher the odds, the greater the risk. So, be careful when it comes to odds. Lower odds may not have high winning chances, but their risk ratio is too less.
Find the best odds
Even after you find a good League of Legends betting site, don’t just assume it’s “the one” and stick with it forever. Make sure to check out its competitors – this is the key to finding competitive odds on League of Legends events. This is a very basic betting strategy called “line shopping.
Always do your research to understand the game better
About the past matches, the scores, the odds, the teams, and bettors even gauge players’ psychology. An important thing that most experienced bettors do is their homework. When you know betting and numbers, your chances of winning only increases.
Conclusion
Betting on League of Legends can be both exciting and profitable if done correctly. By choosing reputable betting sites, understanding the betting markets, and employing smart strategies, you can enhance your betting experience and increase your chances of success. Remember, responsible betting is key. Good luck!
FAQs
Is betting on League of Legends legal?
Yes, betting on League of Legends is legal in many countries, provided the betting site is licensed and regulated.
What is the best site for beginners?
Betway Esports is a great choice for beginners due to its user-friendly interface and extensive market coverage.
Are there any bonuses for League of Legends betting?
Yes, many sites offer bonuses specifically for League of Legends betting, including welcome bonuses, free bets, and deposit bonuses.
How do I know if a site is trustworthy?
Check for a valid license, read reviews, and ensure the site uses encryption to protect your data. Reputable sites also have reliable customer support.
Can I bet on live League of Legends matches?
Absolutely! Many betting sites offer live betting options, allowing you to place bets as the action unfolds.
