In recent times, Esports have really climbed up a few levels higher in their domain. It is all thanks to super popular titles such as League of Legends. What this game has done for the entire universe of Esports is nothing short of amazing. LoL became so popular that today it is one of the main fixtures with online bookmakers when it comes to Esports, surpassing the likes of PES, FIFA, and Counter Strike. League of Legends is unique in a sense that it has fixtures, leagues, and championships throughout the year, ranking from minor tournaments to major events such as League of Legends World Championship.
You can bet that from the moment this sport was noticed by the bookies that sponsorship deals skyrocketed. LoL has an audience, high-end competitors, and above else it is able to captivate fans who don’t even play the game. If you’re already looking at where you can watch and bet on League of Legends events, let us send you in the direction of online casinos and sportsbook Stake. This company has been doing miracles when it comes to Esports since 2020 when it decided to cover the sports in detail.
With Stake, you can look into the best LoL teams, favorites for every future event, batting tips, odds, and team values ahead of every fixture. The best news for all fans of the game whether they’re bettors or just viewers is that this betting platform offers a streaming service where you can follow every major League of legends event. That should be enough reason for anyone to open an account. Of course, there’s plenty more sports to stream in addition to Esports, but check that for yourself; don’t let us spoil the party.
It is hard to believe that a simple gaming phenomenon has become a betting sensation in such a short span. Yet, here we are. The best way to understand just what made LoL so appealing to people who play, those who watch people play, broad TV viewers, streamers, and bettors is to look at its brief history and years of development that created heavy competition in the LoL industry.
How LoL Was Elevated From a Simple Game to Its Status Today
As many of you know, League of Legends is the love child of a game development company called Riot Games. LoL was first introduced back in 2009 as a multiplayer online battle arena. It was not a fully original title as it drew inspiration from titles such as Defence of the Ancient and Warcraft III. Yet, in a short while it managed to overcome both, and take its rightful place as the leader of Esports. The road was not an easy one, as LoL was rediscovered more than once in the last 15 years.
The first thing that made League of Legends so popular was the fact that it was released as a free to play game. Fans were quick to discover its appeal, and in no time it became the most popular MOBA out there. Today, it is considered as the most popular game of that kind of all time. What followed is ascension to the status of the most appealing player vs. player battle games on the market. Online maps, status quo, attacking the positions, and defending positions, collecting points, and defeating enemies, managed to become passion bordering obsession to millions of players all over the world.
Riot Games leadership was not blind to the success that LoL achieved year in and year out since its release. They knew what they had and did the best possible work in making their product better by developing and progressing the gameplay. Additionally they created an influx of money as they created an in-game market which enabled microtransactions where players could buy skins for their characters. In mere two years, the game had 15 million online players.
It didn’t take long to have the first international tournament to occur. It happened in 2011 at DreamHack. This tournament grew each year, and in one decade it has become one of the biggest events of its kind with more than 100 million viewers. LoL was intended to conquer the world, but not even its creators knew just how far and high it could go. The best part is that it is still on the rise.
Rise of LoL Esports
A winning formula is always a simple formula. For LoL success lied in the simple fact that was where the games started – being free. As far as MOBA games went back in the day, it was the best one available, and was free as an additional benefit. Furthermore, it managed to remain close to its core principles and as such it hasn’t altered too much since 2011. The only thing that changed is the number of players which grew exponentially.
The more the number of players grew the more the focus of LoL as an Esport shifted toward tournaments starting with the World Championship. Today, there isn’t a more competitive Esport on the planet. In addition to the World Championship other major tournaments include All-Stars Tournament and Mid-Season Invitation. Also, we need to mention competitions such as LEC, LCS, LCK, and LPL. Through these competitions players from Europe to China get engaged competitively with LoL.
The expansion of both Esports and League of legends led to LoL becoming a phenomenon that attracts millions of players and viewers yearly. If you’re one of them, but also like to make things even more interesting by placing Esports bets, you can do it at Stake, as they provide some of the best LoL odds among all sports betting online outlets. While LoL is popular as is, there’s plenty of work still left to do in educating people on how to properly wager on this Esport if they feel like it. If you’re interested in that side of LoL story, the answers lie below.
How to Bet on LoL & Betting Options
This is where things get interesting, but as it is always the case with LoL, nothing too complicated. If you’re a beginner, the best route to take would be to place a head-to-head wager which is also called a moneyline bet. It is a simple bet because you only need to guess the winner of a single tie. So, if you think that Faker and T1 are going to win against JDG you check the odds and bet on them. Here, the margin of the win matters little as you only need your pick to win. The best part about LoL bets is that there is no tie, so it makes matter even easier for new bettors.
Outrights
Outrights is also a single bet. But, instead of betting on a team to win a tie, you’re betting on a team to win an entire tournament. So, if you had a gut feeling that T1 is going to win the World Championship a few months ago, by now you would have cashed out and spent that money as they completed the task. So, when there’s more than one tournament you can bet on each individually or you can combine outright bets into one slip by guessing winners of different tournaments.
Multibet
Using multibet as your wagering system means that you’re betting on more than one team during a single tournament. This form of betting often comes under a different name, and it shouldn’t confuse you if you hear it being called a parlay bet or an accumulator. This form of betting is used when you want to win a lot by placing a small bet as it adds value to your slip and lengthens the odds. If you have a feeling that you can guess winners of multiple ties, use the multibet.
League of Legends Competition Industry
Global popularity of League of Legends quickly attracted not only players and fans but also investors. Also, its popularity aided in diversifying the game. Today, the biggest competition LoL has is the one with itself. Here’s how.
Riot LoL
It all started with Riot Games. They’re still in charge of all major LoL tournaments. Riot managed to get a hold of the League of Legends World Championship which remains the biggest LoL competition to this day. Furthermore, they also have a hold on different Esports championships that vary from local, regional, to national in size. All players, on all levels, want to get as high as possible, and the highest hill in LoL are the Worlds. If you ever have a chance to watch it, you need to pay attention as it is the highest level of LoL among all events.
The Worlds is the biggest and the most prestigious yearly LoL event in the world. If you want to bet on it, you need to get to know all global powerhouses to make the wisest bets possible. While you wait for the next Worlds, at Stake you can bet Riot’s variation of original LoL which is called LoL: Wild Rift.
Tencent LoL
As we said, LoL didn’t attract only players and fans, the investors came as well. The biggest one was a Chinese company called Tencent. They’ve acquired Riot after LoL became a global phenomenon. They’re in charge of servers, tournaments and competitions in mainland China. This conglomerate showed great passion for LoL and it can be seen through the number of tournaments they organize and their quality. Just some of them from the top of our heads are LPL, LDL, Demacia Cup, and Hero of Cities. Millions of fans tune in to stream these events, and as it turned out the Chinese market needed LoL more than LoL needed it.
PG Esports
Do not think even for a second that Europe was left out of the League of Legends race. PG Esports are a company based in Lombardy, Italy. They’re in charge of some of the biggest European tournaments such as PG Nationals, and European Regional League. A team that wins the ERL is automatically qualified for LoL European Masters. You’d be suspicious about the fact that LoL is highly popular in Italy. There PG Esports stream all of the events, and each year the number of viewers grow.
DreamHack
DreamHack is another interesting story. They’re an ESL gaming company. It is a brand that specializes in the organisation of Esports tournaments. They’re in charge of some of the major European Esports events, and they were the hosts of the first ever LoL World Championship back in 2011. If you’re even remotely into Esports, DreamHack was there for you at least once. Thanks to brands such as them, the competition in industry started to help the game evolve and put others into the same line of business.
NEST LoL
Nest is in the centre of what’s so valuable about LoL. They’re competing with everyone, make companies around them better, and attract others to enter this domain. NEST LoL stands for National Electronic Sports Tournament. It is an annual event organized in China. It is the biggest event on Chinese soil, and it is famed for major prizes, opportunities for obtaining sponsorships, but also for high competition between participants. Considering the number of teams participating each year, it is no wonder that it is one of the most covered events in addition to the LoL World Championship in terms of streamers and bettors.
Esports are on the rise. It is a trend that started a few years ago, and it is now becoming a major sport in its own right. Games such as LoL pushed by their business partners, and good people behind every project are what aided Esports in becoming what they are today. LoL as the leader in the domain is at the forefront of all Esports happenings. The industry is highly competitive, but for fans, viewers, and players that’s the good news as it makes the end product better. Expect even more progress in the future as LoL and Esports are showing no signs of slowing down.
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