eSports Betting- Enjoy a Legal Way to Bet on eSports

 

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esports betting

eSports is nothing new in the Philippines. As early as the 2000s, the country was already a thriving hub for competitive video games and these competitions were primarily attended by amateurs. During this time, Counter-Strike and a number of video games were popular among Filipinos and this was supported by friendly betting and competition. But things changed in 2016 when the Philippines managed to beat a major team in the International Dota 2 Championships in the United States. During this time, the country’s TBC Gaming won by defeating a European powerhouse en route to a championship. This was the start of the growth of eSports betting in the Philippines and also the popularity of eSports betting sites that accept players from the Philippines.

According to some estimates, the eSports industry is now worth an impressive $19 billion (2019) and this figure definitely does not include the money involved in eSports betting. It is expected that eSports betting will continue to grow, and this can be seen not just in the number of players who are involved but the number of bettors who want to take advantage of the situation.

The Status of eSports Betting in the Philippines

Filipinos are known to be passionate about sports and betting. And with the growth of eSports, one question rings true among many players: is it legal to bet on eSports? Based on recent laws and policies passed in the country, eSports betting is legal and allowed provided that you are at least 18 years of age. Also, eSports gambling is acceptable if you only do this in licensed and approved eSports betting websites, land-based casinos, and in facilities that are approved by Philippine Amusement and Gaming Corporation or PAGCOR. Just like in other forms of gambling, you can only complete your eSports betting activities in shops and casinos that are licensed to operate by PAGCOR. If you prefer to bet online, then you can also find offshore licensed casinos that accept players from the Philippines. Before you sign up and complete your bets, make sure that the casino is licensed to operate offshore and accepts bets from Filipinos. Under the laws, online casinos that are licensed in the Philippines (Cagayan) are not allowed to accept real money bets from locals.

If you want to participate in eSports betting online, the challenge for you is to find an offshore-licensed casino that features this service. In this website, we review the leading casinos that allow eSports betting among players from the Philippines.

What is the Nationals eSports League?

You know that a sport is legitimate and popular when a league is established for it. This is the case with eSports betting in the country with the establishment of the eSports National Association of the Philippines. This was announced in 2018 and helped launched the Nationals, an eSports franchise league in the country. To be carried by ESPN5, the Nationals will cover the following video games:

  • Dota 2 (PC Gaming)
  • Mobile Legends (Mobile Gaming)
  • Tekken 7 (Console Gaming)

In this new league, players from the Philippines will compete for the right to represent the country and become a professional player. Since the eSports industry has its own platform and official league, it’s only a matter of time before eSports betting will become a hit in the country. The creation of the league and the increasing popularity of video games among Filipinos will also motivate casino operators. This development will create a need to accept players from the country and open up more eSports betting websites that will accept bettors from the Philippines. Finally, the entry of eSports betting will give betting on traditional sports in the Philippines some serious competition. Traditional betting on basketball and other sports will continue, but we can count on fast growth in eSports betting.

Find The Right eSports Betting Website:

Since eSports betting is legal and popular, then your next concern is looking for the right website or casino where you can place your bets. Just like in online sportsbooks, you also need to practice caution and research when looking for the best eSports betting site. It’s important that the website is licensed and allows bets from Filipino players. Once you have established the security and reputation of the casino, you also need to focus on the types of eSports covered. The quality of your eSports betting experience depends on the types of sports covered. When it comes to premium eSports betting, you should find a casino that accepts bets for Dota 2 and Mobile Legends. These are the two popular eSports in the country.

When looking at websites that accept eSports betting, consider the quality of its Cashier section. The casino that offers eSports betting should accept multiple currencies including the US Dollar and Philippine Peso. If the Philippine Peso is not clearly stated in the Banking terms, make sure that the online sportsbook should allow the conversion of currencies, like Peso to US Dollar.

Also, you want to sign up with an online sportsbook that offers you a chance to bet live. eSports live betting gives you the thrill of betting on a team or an outcome while following the competition. Similar to in-play betting, this type of eSports betting gives you an opportunity to be in the middle of the action and feel the adrenaline rush while players compete for the prize in real time.

Finally, consider betting site that offers professional support services. You want to work with a website that offers multiple contact options and is available 24/7. You will never know when you will encounter an issue when betting or following the live stream. So you want an eSports betting site that can respond to your queries any time.

FAQs on eSports Betting in the Philippines:

  1. Is it legal to bet on eSports in the country?

Yes. Just like other forms of gambling, eSports betting in the country is legal and allowed provided that you work with fully licensed and recognized websites and shops. For online betting, you need to find an offshore-licensed casino that can accept players from the Philippines.

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  1. What are the different types of eSports or video games that are covered in these websites?

In the Philippines, the most popular video games are Dota 2, Mobile Legends, and Tekken 7. These are also the popular eSports that are followed by players who want to participate in eSports betting.

  1. Is it safe to bet real money online?

You should be cautious and be informed before you participate in eSports betting. If you want to be safe and you want to protect your money, we highly recommend that you check our website first for a listing of highly recommended eSports betting sites. It is our job to review these websites and offer recommendations to players and enthusiasts like you.

  1. How can I deposit and withdraw my winnings?

The good news is that the top casinos today support a number of payment methods. Some of the popular online sportsbooks accept Visa, MasterCard, PayPal, Paysafecard, bank transfer, Skrill, and Neteller. Deposits made on these casinos are often free and are instantly processed. When it comes to withdrawals, you may be charged with certain fees. We highly recommend that you read our reviews of top online sportsbooks that allow eSports betting.

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