In this piece, we’re going to help you choose the best LoL betting sites. After reviewing the markets, we came up with a list of several League of Legends betting websites that suit your needs so don’t miss out on our list.
What Types of LoL Betting Sites Are Available?
When we start talking about LoL betting sites, there are three types of those that come to our mind. Currently the most popular are real-money LoL bet sites. Moreover, there are also fantasy sites that will provide you with a lot of fun.
Lastly, skins gambling is also available for this esport. However, more and more bettors are staying away from this type of betting site for League of Legends.
Real-money Sites
If you’re interested in wagering on LoL, then by far the best League of Legends betting sites will be the ones that offer real-money bets. All of the operators that use real-money currency are licensed and regulated which means they’re secure to use.
You won’t have to worry about someone stealing your personal or banking information as with real-money LoL betting sites, you’re getting top-notch security and protection. Moreover, real money sites tend to offer several payment methods that are available to everyone. Alongside traditional ones, there are also modern ones available such as Bitcoin and other cryptocurrencies.
Fantasy Sites
There is only one fantasy LoL betting site that comes to our mind, that being DraftKings. Fantasy League of Legends is a game where bettors assemble their own teams consisting of professional players competing in a certain Region(for instance, LEC).
Punters collect points for every player on their virtual team and they compete against other punters. Whoever gets the most points is the winner and he’s taking a cash prize with him. Usually, the winning pot is distributed amongst the top 10-20 bettors.
Skins Gambling Sites
There have been a lot of problems with skins gambling in recent years. First and foremost, most operators that accept in-game cosmetics aren’t licensed and regulated by a government or a commission. This leads to a lot of problems as a shady business can be happening in the background.
Even though you can’t deposit League of Legends skins, you can use various other games like CS:GO or Dota 2 to fund your skins gambling account. We would advise you to stay away from LoL gambling sites that accept skins as it’s simply not worth it. In most cases, you’ll not get a fair deal for the skins you’re depositing and you could have a lot of problems with withdrawing larger sums of money from this type of site.
What do the Best League of Legends Betting Sites Offer?
In order to choose the best LoL betting site, there are certain requirements you should pay attention to. Let’s face it, no one is interested in a betting site for League of Legends that offers low odds, and barely any betting market dedicated to this esport.
Below, we’re going to talk about nine important aspects best LoL betting sites need to offer to a potential customer. Without further ado, let’s get straight into it.
#1 Low Margins/High Odds
LoL betting sites, just like every other bookmaker secure profits by putting in place margins where they would always get their cut without caring who’s going to win the match. Some operators tend to have high margins hence why you’re offered lower odds.
On the other hand, best LoL betting sites will offer low margins which means you’ll enjoy higher odds and overall, a better return on your initial wagers. It’s very simple to spot betting sites that have high margins. Open a couple of operators and compare LoL odds for the same match. Everything is going to be crystal clear for you after doing so.
#2 Availability
We’re living in a modern world and availability became a standard for bettors. We all want facts, odds, and information to be just a couple of clicks away, right? This is why we suggest you don’t settle for anything less than that.
We have seen Chinese betting sites for League of Legends on maintenance every single day. This is why most punters from the Asian region are switching to operators that are available at all times.
#3 Diverse Payment Methods
When choosing LoL betting site for yourself, payment methods don’t cross your mind often. Some punters prefer traditional methods such as credit cards, and the fact is, they work flawlessly, and they’re available on a majority of LoL betting websites.
However, it’s also been spotted that bettors are diversifying the payment methods they’re using. Alongside credit cards, e-wallets such as Neteller or Skrill are also often used by punters. Last but not least, a huge surge in cryptocurrencies has also been spotted.
The fact is, some methods are perfect for deposits while others are better used for fast and swift withdrawals. Some of the best League of Legends betting sites will offer diverse payment methods that you can use to deposit and withdraw funds fast.
#4 Reputation
This should be your priority when choosing a League betting site. The fact is, no one wants to place wagers on a betting site that has a bad reputation. Luckily for us, everything is available within a couple of seconds.
A simple Google search will tell you all there is regarding the reputation of a particular operator. There are plenty of websites out there where bettors can leave their comments regarding their experiences with the operator you’re interested in. This is why we urge you to always check the reputation of an operator you’re signing up with.
#5 Excellent LoL Esports Coverage
Moving on to the coverage of LoL events. We noticed that certain Chinese betting sites League of Legends only cover the local region. This is why it’s important for you to find an operator that’s going to provide more than basics.
There are plenty of LoL leagues to bet on such as LCK or LPL, why would you settle for anything less than that, especially due to the fact that this is one of the most popular esports games in the world? Alongside coverage, our advice for you is to also be on the lookout for the number of betting markets LoL betting sites provide you with.
#6 LoL Live Betting Availability
The main reason why we’re suggesting you be on the lookout for whether bet sites offer LoL live betting is due to the fact that it’s highly profitable. However, you need to know that it’s not enough for LoL betting sites to just have an in-play section put in place.
What you need to look out for are two very important things. The first one revolves around constantly updated odds. There is no point in waiting for an operator to update odds as you’ll be unable to place a potential bet you spotted. Secondly, live stream availability is also a big bonus as it will save time and allow you to roll into live betting on LoL straight away.
#7 Ease of Use
It doesn’t matter if LoL betting sites use modern or old-fashioned designs. The only thing that’s important is how easy it is to manage around the site. Does League of Legends have a dedicated section on the site where punters can browse through League matches they’re interested in betting on?
Furthermore, a chance to make a quick deposit can also be beneficial as certain live betting opportunities are only available for a short period of time.
#7 Generous Bonuses For LoL Betting
The fact is, the best League of Legends betting sites will put in place a variety of bonuses to choose from. Most of those bonuses are based on the matched deposit where you can basically double your initial deposit for free.
However, there are certain things you need to be aware of. Every esports betting bonus you claim from LoL betting websites comes with terms and conditions. There, you’ll find out how many times you’ll have to play through the bonus funds you received in order to withdraw the winnings you got from the received bonus. It’s in your best interest to know what you’re getting yourself into hence why we advise everyone to read through the terms and conditions before claiming bonus funds.
#8 Stats
There are more and more LoL bet sites that offer stats on their websites. These stats provide information about the latest matches two teams played, so you can find out whether a team is on a hot streak or they’re unable to beat anyone.
Moreover, information like head-to-head ratio is also available and it always comes in handy when doing research, especially for a MOBA esports title. All in all, we believe that this is a great tool that you should take advantage of.
#9 Payout Speed
The name says it all. No one wants to wait for 4-5 days to receive their winnings. This is why you should never place wagers with LoL betting sites that aren’t providing fast and swift payouts.
It’s also important to mention that withdrawing with certain payment methods like credit cards usually takes some time(24-48 hours). This is the main reason why most bettors are switching from traditional methods to LoL Bitcoin betting as both the deposits and withdrawals are instant.
League of Legends Betting Sites With Mobile Apps
We’re living in the modern world and the fact that most betting now takes place on mobile devices forced LoL betting sites to provide mobile apps in order to make life easier for punters.
Are mobile apps any good or should you stick to the browser version of your betting site? One thing is for certain, using the mobile app for LoL betting is much more convenient. Alongside much faster and smoother scrolling, mobile apps for betting are well-optimized and they’re often tailored to the needs of bettors on the go.
Recommended Payment Methods to Use at LoL Betting Sites
There is a lot of discussion regarding payment methods to use at LoL betting sites. When choosing the right payment method for yourself, you need to pay attention to a couple of things.
For instance, if a credit card as a payment method is your choice, then you need to be aware that withdrawals will take some time while deposits are instant. In most scenarios, there are no fees attached.
Moreover, by using e-wallets like Skrill or Neteller, not only Chinese betting sites for League of Legends, but the global ones will often not allow you to claim a bonus by using one of those e-wallets. It’s highly likely that you’ll be charged both deposit and withdrawal fees if you tend to use e-wallets. On the other hand, this is a relatively anonymous payment method, so for some punters, it’s well worth the fee.
The last payment method and the one we’d recommend are cryptocurrencies. Best League of Legends betting sites tend to offer a wide range of crypto to choose from. The most popular ones are Bitcoin and Ethereum.
Best League of Legends Betting Sites With Bitcoin & Crypto
Perks of this payment method are the fact that deposits and withdrawals are instant and there are very low processing fees attached to transactions(not by betting sites). But, there are also some cons regarding crypto deposits.
If you’re not familiar with it and you make a mistake when sending funds, it’s impossible to get the funds back, hence why we urge you to go over a tutorial on how to properly deposit and withdraw crypto.
The best LoL betting sites that accept crypto are GG.bet and LOOT.bet.
Welcome bonus: 100% up to 100€/$
What Bonuses Best League of Legends Betting Sites Offer?
There are a lot of bonuses available for League of Legends betting. To be honest, most of them are tempting, but overall, they’re not worth it as wagering requirements are nearly impossible to reach.
However, not everything is bad. We searched many LoL bet sites in order to provide a bonus that is both generous and that doesn’t come with high rollover requirements. Below, you can find more information and a way to claim the best LoL betting bonus.
FAQs
Can you Make Real Money From League of Legends Betting?
It is possible to make real money from League of Legends betting. You need to find the best LoL betting site that provides high odds in order to maximize your potential profits.
What are the Biggest LoL Events I Can Bet on Online?
By far the biggest LoL events to bet on online are World Championship and MSI. Also, LoL leagues like LCK, LCS, LEC, and LPL are very popular for betting as well.
