Gambling on the Rift: Understanding League of Legends betting
Embark on the electrifying League of Legends (LoL) game, where action on the Rift meets the strategic allure of wagering here at Stake Casino Korea. As one of the most popular Riot Game esports titles globally, League of Legends has captivated millions of fans with its intense battles, intricate gameplay and dynamic competitive scene.
Beyond the excitement of the game itself lies a booming realm of betting options, where you can engage in strategic decision-making and turn your passion for the game into profits.
Delve into the heart of LoL betting, where every match is a thrilling chance to test your instincts and immerse yourself in the exciting fusion of gaming and gambling.
Embark on a journey to unravel the complexities of League of Legends betting here at Stake Casino.
Equip yourself with the knowledge and insights to access the thrilling esports betting scene.
The popularity of League of Legends in Korea
League of Legends (LoL) is one of the popular MOBA (Multiplayer Online Battle Arena) games in South Korea, surpassing its global standing and cementing itself as a cultural phenomenon. One of the reasons why it’s popular is its massive player base and fan following.
Its professional players achieve celebrity status, and tournaments draw large audiences online and in person. It’s also the reason LoL esport betting became popular in Korea.
Moreover, it's deeply integrated into the cultural fabric, driven by historical roots, esports dominance, social integration and government and developer support. It continues to evolve, shaping the gaming landscape and influencing the social and economic aspects of the nation.
Discover more about the League of Legends in South Korea.
Here are some key factors contributing to its success:
Influence of Korean players
Korean teams have consistently performed well in international League of Legends competitions, including the League of Legends World Championship (Worlds). The success of Korean players on the global stage has further boosted the game's popularity and garnered immense national pride.
Check out some successful LoL players in South Korea:
Faker
Since March 2013, Faker from Gen.G has been a professional in the competitive gaming scene, significantly impacting the industry. At 27 years old, he's achieved remarkable success, winning the World Championship, the most prestigious tournament in the League of Legends calendar, on four occasions.
Faker is the only pro player in the game's history to have remained with the same organisation (SK Telecom T1) for almost nine years. But in November 2023, he moved to Gen.G. Moreover, he boasts numerous regional titles in the top Korean league and has achieved various other triumphs throughout his career.
ShowMaker
Since his debut in 2017, 23-year-old Heo Su, also known as 'ShowMaker,' has consistently proven why his alias suits him perfectly. His exceptional technical skills and lightning-fast reactions, honed as a Katarina One-Trick player, have propelled him to the mid-lane rankings. ShowMaker is famous for his adaptability and knack for turning the tide of games in his team's favour.
Initially part of DAMWON Gaming, now DWG KIA, ShowMaker played a crucial role in their triumph at the 2020 World Championship. Now, he is part of T1 together with Faker, adding to the powerhouse lineup.
Other successful LoL Korean players worth mentioning include the following:
- Zeus (Kim Woo-sung) - Top laner for T1, known for his aggressive carry play and impact in the 2023 World Championship win.
- Gumayusi (Lee Min-hyeong) - AD Carry for T1, showcasing consistent performance and strong mechanics.
- Keria (Ryu Min-seok) - Support for T1, praised for his strategic mind, playmaking ability, and synergy with his team.
- Canyon (Moon Hyeon-jung) - Jungler for DWG KIA, known for his jungle dominance throughout his career.
- Khan (Kim Dong-ha) - Retired top laner, remembered for his aggressive play style and impact on various teams.
- Mata (Choi Seong-hoon) - Retired support, highly decorated with international wins, and known for his leadership and support prowess.
Strong esports infrastructure
South Korea has a well-established esports infrastructure with professional leagues, teams, and tournaments dedicated to games like League of Legends. Organisations such as the Korea e-Sports Association (KeSPA) play a vital role in promoting and regulating esports in the country.
Moreover, South Korea boasts high-speed internet connectivity, creating an optimal environment for competitive gaming. This accessibility facilitates widespread participation in online gaming, including League of Legends.
Cultural influence
Gaming is significant in South Korean culture, with a rich history of competitive gaming tracing back to the early era of PC bangs (gaming cafes). League of Legends, launched in 2009, quickly became a part of Korea's growing online gaming culture, coinciding with the increasing popularity of PC bangs.
As a result, esports athletes are highly respected and admired, which influenced Korean society to accept gaming as a legitimate career path.
Riot Games office in Seoul
Riot Games has its Seoul office in South Korea, where it manages operations and events for the region. ‘Rioters’ in Korea ensure that the League of Legends Champions Korea (LCK) operates smoothly and remains the competitive hub for some of the world's top gamers.
Being close to the developers creates a direct interaction between the player community and the game creators, promoting a sense of involvement and commitment. Additionally, the Seoul office oversees game services for all Riot titles, collaborates closely with PC bangs, and organises cultural activities.
Cultural phenomenon
League of Legends has overtaken South Korea and become a cultural phenomenon. Even K-pop idols and celebrities, who are passionate gamers, add to the game's popularity among the youth.
Moreover, you can find various live-streaming platforms, like AfreecaTV, that showcase pro players and amateur matches, further immersing the LoL community.
The popularity of League of Legends in Korea results from various factors, including a robust esports ecosystem, competitive success, cultural influence, and high-quality gaming infrastructure.
These elements have solidified League of Legends' status as one of the most beloved and widely played games in South Korea.
How do League of Legends odds work?
Now, let’s talk about LoL betting.
If you know how esports betting works, learning the odds of LoL will be smooth and easy.
League of Legends odds work much like those in regular sports betting. They indicate the likelihood of specific outcomes happening in matches or tournaments. Learning these odds is vital for making well-informed choices such as placing a wager, what events to bet and what teams to support. Here's how they typically work:
European Odds
European or Decimal odds, including League of Legends, are among the most used in esports betting. It’s called European, as most European countries use this type of betting odds. They represent the potential payout for every unit wagered and appear in decimal numbers.
For example, you place a US$10 bet on Team A to win with odds of 2.50:
- If Team A wins, you receive US$25 (US$10 wager × 2.50 odds) minus your original US$10 stake, which equals US$15 profit.
- So, your potential profit is US$15, 1.5 times your original wager.
Benefits of European Odds:
- Easy to understand - The simplicity of the format makes it easy to see potential payouts at a glance.
- Direct comparison - Comparing odds across different bookmakers is easier as they represent the total return.
- Widely used - Familiarity with decimal odds makes it convenient for many punters worldwide.
British Odds
Popularly known as Fractional odds, British odds are another way of expressing the likelihood of an outcome. It is a popular format used particularly in the UK and Ireland. Its name comes from how odds are shown in fraction form, such as 2/1. The first represents your potential profit for every US$1 you bet, and the second represents your stake.
For example, you place a US$10 bet on Team A to win with odds of 3/1:
- You must stake US$1 (second number) for every potential US$3 profit (first number).
- If Team A wins, you receive your original US$10 stake back plus your US$3 profit, totalling US$13.
Benefits of British Odds:
- Familiar with many bettors - Popular in specific regions, providing a comfortable format for users accustomed to it.
- Direct profit visualisation - You can easily see your potential profit per US$1 wager based on the first number.
American Odds
You can also find American odds on some esports betting platforms. The numbers in American odds have a plus (+) or minus (-) sign in front. The former indicates the underdog, and its number represents how much you would win for every US$100 you bet.
On the other hand, the latter shows the favourite, and its number represents how much you need to bet to win US$100.
For example:
- +200: Win US$200 for every US$100 you bet on the underdog.
- -150: Bet US$150 to win US$100 on the favourite.
Benefits of American Odds:
- Familiar to many bettors - Widely used in the US, making it comfortable for familiar users.
Directly shows potential profit - Positive odds show how much you can win per US$100 bet.
Types of LoL betting you can use
League of Legends betting offers a diverse range of betting lines beyond just predicting a match's winner. Here's a breakdown of some common types:
Moneyline
Moneyline is the most straightforward wager you can make. Here, you are predicting the outright winner of a match, regardless of the margin of victory. That means you are wagering on whom you think will win in the final result of a certain match.
Spread bets
In League of Legends (LoL) betting, a spread bet goes beyond simply predicting the winner of a match. It focuses on the margin of victory, adding another layer of complexity and potential reward (or risk).
In this type of wager, each team gets a virtual points advantage (+) or disadvantage (-) based on their perceived strength. You predict whether the score difference will be higher or lower than the assigned spread.
Over/Under
League of Legends betting also has an over/under bet, also known as a total bet, focusing on the combined score of both teams, not the winner. You're essentially predicting whether the total score will be higher or lower than a predetermined number set by the bookmaker.
There are different over/under bets. It can be about:
- Total Points - Predicting the combined points scored by both teams in the match.
- Total Kills - Predicting the combined number of kills achieved by both teams.
- Total Towers Destroyed - Predicting the combined number of towers destroyed by both teams.
- Total Barons Killed - Predicting both teams' combined number of Baron Nashors slain.
- Total Maps (Best-of-Series) - Predicting the number of maps won in a best-of-series match.
Outright
One of the simplest esports bet types is the Outright wager. This bet is a long-term wager placed before a major tournament or league starts on the ultimate winner. You choose which team you believe will win the entire tournament or league, regardless of their performance in individual matches. Most punters prefer outright bets as they offer higher rewards, which can reach double or triple digits.
You’ll also find different outright wagers in LoL betting, such as:
- Tournament Winner - Predicting the champion of a specific tournament (e.g., Worlds, Mid-Season Invitational (MSI), Regional Finals).
- League Champion - Predicting the winner of a regular season league, such as League of Legends Champions Korea (LCK), League of Legends EMEA Championship (LEC), and League Championship Series (LCS).
- Group Stage Performance - In large tournaments, betting on a team's performance within their group stage (e.g., top 2 finish, qualification for playoffs).
Special bets
Beyond the usual match winner, over/under, and outright bets, League of Legends (LoL) esports betting offers a diverse range of special bets. These bets delve deeper into specific game events, player achievements and even unique occurrences. Some special bets you might encounter include:
First blood
The first blood bet focuses on which team or player will secure the first kill of the match. It's a popular and exciting wager, adding another layer of anticipation and potential reward. If you place a bet on a team and it scores the first kill in the game, you win your bet regardless of the match outcome.
First turret/tower
In LoL betting, the first turret/tower special bet focuses on which team will destroy the first opponent’s turret. You place a bet on the team you think will achieve this crucial objective first. There’s no specific turret; as long as you pick the team that first destroyed a turret, you win.
Most damage/MVP
This special bet delves deeper into individual player performance as you pick the member you think will be the MVP at the end of a match. Punters typically bet on the players with physical damage or jungler heroes since they deal massive damage to opponents.
Team to slay the first Baron
The ‘Team to Slay the First Baron’ special bet focuses on which team will secure the first takedown of Baron Nashor, the epic monster residing in the heart of the jungle.
League of Legends betting strategies
Don’t limit yourself to what you know. You must have plans on who or which team to bet on based on specific factors. Try helpful LoL betting tips and strategies to win the pot in Stake League of Legends betting.
Take your winning odds to the next level! Here are some LoL betting tips you can follow.:
Stay informed
Before betting on a certain team, check LoL news and analyse the team standings and player performance. Familiarise yourself by researching team compositions, champion pools, playstyles and recent performances. Doing this allows you to find out who is leading the pool.
Know the star players
You should also know who they are since they carry the teams. In esports betting, there are also star players that make all the difference.
For example, Faker was the star player of SK Telecom T1 before he moved to Gen.G. Several punters placed their bet on Faker in the 2023 League of Legends World Championship. It’s because Faker has won three championship belts already (in 2013, 2015, and 2016).
Moreover, it’s his 8th time in the Championship belt. His numerous appearances and impressive track record at the World Championship testify to his skill and dedication.
Know the best-performing teams in recent years
This idea should give you an idea of each team's statistics. Are they among the finalists from past years or not? Through this, you can choose which team to wager.
Read expert and community opinions or comments
One of the things that can help you is by reading opinions and comments. Check expert and community comments about the teams or players to gather different perspectives.
Choose alternative betting options
Explore your possibilities for betting, mostly on unique wagers, such as the first kill or the most valuable player at the end of the game. Use every betting choice available to increase your chances of winning.
Manage your bankroll
Remember that betting can be addictive, so always set limits. Be a responsible punter, only bet what you can afford to lose, and stick to your limit. Don't try to recoup losses by making larger or riskier bets.
Focus on enjoyment
This is the most important League of Legends betting tip. Don’t forget to enjoy the game and not take betting too seriously. Treat it as a fun way to engage with the esports you enjoy.
How do you bet on League of Legends at Stake Casino?
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Deposit funds
Here’s how you can deposit funds into your Stake LoL betting site account:
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Start betting on your favourite LoL teams at Stake Casino
League of Legends betting offers a thrilling blend of strategic analysis, competitive excitement and potential rewards for both esports and gaming enthusiasts.
With its growing popularity, diverse betting markets, and accessible odds formats, LoL betting provides an engaging avenue for fans to be immersed in the thrill of professional gaming tournaments.
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Frequently Asked Questions (FAQs)
You can bet on League of Legends through various online sportsbooks and betting platforms that offer esports betting markets, like Stake Casino.
You can bet on League of Legends at Stake Casino. We offer diverse betting markets and accessible odds formats for LoL betting.
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