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League of Legends (LoL) betting couldn’t be easier and the fundamentals behind the game are simple. LoL is a multiplayer online battle arena (MOBA) created by Riot Games where the sole aim is to destroy the enemy team’s Nexus, something that each side has in their base, and whichever team does so successfully is the winner. League of Legends is one of the world’s most popular free to play online games, with more than 117m who play monthly.
The best League of Legends players around the world earn the chance to play for esports teams that compete in leagues and tournaments throughout the year-long season. Leagues are held across the globe including the LoL Pro League (China), LoL Championship Series (LCS), LoL European Championship (LEC) and LoL Challengers Korea (LCK).
Today, esports betting on LoL can be done through a number of markets that are available, the simplest being a ‘Winner’ or ‘Head to Head’ where the bet is simply based on which team wins the match. There are also additional betting markets for LoL matches, for example betting on which team will get the first Baron (a neutral monster that takes teamwork to defeat), first inhibitor (part of the base that protects the team’s Nexus), first tower (structures around the map) or simply the first kill.
LoL betting can also be done on ‘Outright’ bets which are placed on the competition as a whole rather than specific League of Legends matches. As all League of Legends tournaments crown an overall winner, outright betting allows punters to bet on which side they think will come out as winners.
For example, each League of Legends esports season is finished off by the World Championship as a means of proving which team is the best in the world. This has previously been won by organisations such as T1, FunPlus Phoenix and Invictus Gaming and is one of the biggest esports tournaments with a total of $2.225m in prize money awarded in 2020 alone.
Esports Betting Sites
When you are online betting it’s essential to ensure that you only bet through safe betting sites. Any League of Legends betting sites must be licensed and regulated to ensure that you are able to gamble responsibly. The PickleBet company is licensed and regulated by Australia’s Northern Territory Government, which ensures player safety.
As well as League of Legends betting, PickleBet also offers a variety of bet types through markets on the best esports titles including CS:GO, Dota 2 and Overwatch.
Betting on League of Legends, or any esports or sports betting, is done through odds. ‘Decimal odds’ are most commonly used to bet on League of Legends and are generally used for most esports betting online.
The odds are simple, if a betting site shows odds of 1.5 for Cloud9 to beat TSM, then the real money that you bet on a C9 win will be multiplied by 1.5 if you are correct. In this example, correctly betting $10 will return $15 (including your $10 original stake).
If you want to bet on a number of different LoL matches, then you can add these all onto one betting slip to multiply them together and increase the odds. For example, a C9 win with 1.5 odds combined with a FunPlus Phoenix win with 2.0 odds will create what’s known as an ‘Accumulator’ or ‘Multiple’ at odds of 3.0. In this scenario, both parts of the bet need to be correct in order for the payout to occur.
Different esports betting sites may offer different betting options, however they can also offer different odds. Finding the site that has the best odds when you want to bet on League can also increase winning without needing to change the stake.