The Season 3 League of Legends World Championship is kicking off on Sunday, drawing attention to a new found form of entertainment, E-sports betting. DatBet.net is an E-sports only international betting website. A community based business; DatBet.net is focused on making E-sports a recognized sport.
Examiner had the opportunity to speak with DatBet.net’s Business Development Manager James Farrowy. He shared some great information on the world of E-sports betting and even gave some tips on who to put your money on when it comes to the LoL World Championship. From region strengths to how to place your bets this interview will help fans as they prepare to place some live bets on the upcoming E-sports event betting scene.
Examiner: E-sports betting is an emerging field and there aren't too many resources out there for it yet. What got the founders of DatBet.net interested in the business?
JF: We love Esports. I know it sounds cliché, but that is simply it. We believe we can develop E-Sports into a legitimate sport like football, or basketball and thanks to great community support we can compete with the big bookmakers, which will enter the market later.
Examiner: Citizens of what countries are eligible to place bets on DatBet.net?
JF: Our license grants us the right to operate internationally. We accept all customers with exception to ones in Colombia, Hong Kong and Switzerland currently.
Examiner: The League of Legends World Championship is starting on Sunday. How are the top teams looking as far as odds of winning go?
JF: Koreans seems to be hyped and super strong before the tournament. If you would ask any pro player ‘will they beat a Korean team?’ I believe only a Chinese team would have answered positive. SKT T1 after a stunning performance in OGN and Regionals is considered the biggest favorite to take it all with Galaxy Samsung Ozone and OMG just behind them.
Najin Black Sword, Royal Club and Gamania Bears starting their matches from quarterfinals are really hard to judge for totally different reasons. Najin Sword ‘cause they’re consistently inconsistent from other top Korean teams. Royal Club is extremely momentum based. If they find themselves rolling they might get unstoppable, otherwise they probably won’t pass the quarterfinals. Gamania Bears are a secret for us. They might be very strong or just an average team. As their regional games went in an extremely unusual way, considering both picks and game play, it is really hard to predict how they will perform against teams from other regions.
Examiner: Last year the World Championship came down to two Asian teams. What are the chances that will happen again? How strong are the different participating regions?
JF: We believe the odds are for it. LCS teams have closed the gap significantly but definitely not enough. If I could bet and want some LCS team (to win) I would go with Fnatic. They seem to have a really strong lineup. Probably if Riot decided to allow their young super-star Rekkles to play, they would be considered one of the favorites of the tournament. Finals with an LCS team would definitely be an upset for Asia and a great surprise for all LCS fans.
Examiner: Can you explain how a LoL fan would go about betting on the championships with your site?
JF: It is super easy. You need to register first. It takes like 2 minutes (just remember to enter all your personal data correctly. To protect your money we will check this data before withdrawal). You deposit money into your account and there you go. Then just click on the odds you would like to bet. It will appear in the betslip on the right hand side, then you put the amount of money you want to bet and click bet now and confirm. You can chose between single bet or parleys.
Examiner: How big does the betting get on DatBet.net? How many people are participating?
JF: Betting is typically an event based business. We have a few hundred users registered. Many of them deposited and placed at least a few bets. There are days, when there will be only a few players betting, on the other hand during EU LCS ties there were like 50 people live betting each game.
Yes, we will offer live betting for all games at LOL Worlds as well.
Examiner: Are people winning (or losing) hundreds or more dollars?
JF: Are you asking, is it possible to earn real money on Esports? Yes, it is. The best example might be Starcraft. The best player on Starcraft II Finals won over 6,000 USD just during the tournament, multiplying his money by 12-13 times. We also have very good LOL specialists, who already multiplied their money over 10 times as well.
Examiner: What advice would you give spectators wanting to make smart bets for the World Championship?
JF: If you would like to go conservative I would favor SKT T1 and Ozone for sure. For those who like risk Mineski and Fnatic might be the black horses of the group stage and Royal Club if they find their momentum might even win the whole tournament.
Examinr: After the LoL World Championship, are there any other big E-sports events DatBet.net will be taking bets on?
JF: We offer ongoing bets on most offline and the biggest online events. For now we offer customers bets on LOL, DOTA2, Starcraft and Counter Strike. After the World Championships there will still be bets on Starseries, WePlay Dota2, and WCS available.
The first, biggest event after Worlds will definitely be Blizzcon on 8-9 November. We plan to offer live bets for it as well.
Besides that, I heard some unofficial news, that there will be a new big tournament/league coming up at the beginning of next year, but it is still unofficial and I am not allowed to say more.