CSGO Gambling Sites 2019
Counterstrike has long been one of the best-selling video game franchises, with the series selling over 50 million copies (as of 2015). The first Counterstrike game was released in 1999, followed by CS: Condition Zero and Source in 2004, and CS: GO in 2012. CS: GO alone has sold 25 million copies, making it one of the best-selling, if not the best-selling, PC games of all time.
Gameplay involves two teams playing Terrorists and Counter-Terrorists who compete to accomplish various objectives, such as safeguarding or rescuing hostages or securing a location where a bomb will be planted or defused.
Successful players are rewarded with in-game currency that can be used to buy more powerful weapons. They can also acquire “skins”, which are in-game items that can change the appearance of your weapon but otherwise does not affect gameplay, although some of them may give you a tactical advantage.
In addition, to getting skins from regular loot drops, you can get rarer ones through “weapons cases” that occasionally appear as part of drops or can be rewarded for successful missions. However, these cases can only be opened with keys that you can either buy from the in-game store or trade/purchase from the Steam Market.
With the immense popularity of CS:GO, it should not be surprising that the game is also at the forefront of esports tournaments. In fact, major CS: GO tournaments can have prize pools of as much as $1.5 million.
In CS tournaments, matches are divided into halves, with each half consisting of fifteen rounds. The team that first wins sixteen rounds wins the match. In case of a tie, the match goes into overtime in which each team has to play three rounds as their opposite number, i.e. the terrorist team plays as counter-terrorists and vice-versa.
As esports tournaments became bigger, so did the popularity of esports betting. In fact, esports betting is believed to have started after CS:GO released an update introducing “skins”, in-game items that changed the appearance of a player’s weapon but otherwise had no effect on gameplay.
Since some of these skins were rarer, and thus more valuable, players started making wagers with them to get the ones that they wanted.
Of course, bettors also wanted to make real-money bets on esports, the way they would on traditional sports such as football and basketball. Online sportsbooks started to open markets for esports betting. In addition, there are also sportsbooks that specialize in esports betting.
How does esports betting work?
You make bets the same way that you do with regular sports. For every match, there are a limited number of outcomes. Simply place money on the outcome that you think will happen.
For example, the most basic type of bet is the Moneyline bet. For every match, there are two teams. You bet on which one you think will win. But there are many other types of bets that are possible in esports wagering. These include:
Over/Under. These are bets that are made on a particular game statistic. The bookmaker sets a particular number and you bet on whether the final statistic will be higher or lower than this number for instance. For instance, the bookmaker might set the total number of kills at 50.5. if you bet under, and the total kills are 50, you win.
These are bets that are specific to esports and are based on specific events or statistics. For instance, you can bet on which player will be the first to make a kill or the total number of kills they have made by the end of the game.
For every outcome, the bookmaker assigns odds based on how likely they believe it will happen, as well as other factors such as the team’s track record. Since this is partly subjective, different sportsbooks will have different odds for the same set of outcomes. Thus, you can go online and compare the odds offered by different sportsbooks to determine which one will give you the best returns if you win.
Why Use PayPal Payment Option?
There are several ways that you can make skin bets but the most common method is to use third-party sites such as CSGO Lounge and CSGO Lotto.
To make a bet on these sites you will need a Steam account as well as opening an account with them, since you will need to link them together. The site will assign your skins a monetary value based on how rare they are. You can then use these skins as stakes to make wagers on the outcomes of matches.
Winning bettors would get their skins back along with additional skins that represented their winnings. They could then monetize their winnings by selling them for real money on the Steam market or gambling websites.
However, you can also use SkinPay to make CSGO skin PayPal transactions. SkinPay converts your skins and other Steam items into cash that you can use to make esports bets on online sportsbooks. There are many sportsbooks that now accept this payment solution as one of the methods you can use to make deposits into your gaming account.
The way it works is that you select the Steam items you want to sell. The Skinpay system will make you an offer as to how much the items are worth. Once you accept the offer, the amount will be deposited into your account. This is the safest method of skin betting since you are not using the skins themselves as the stake but converting them into real money.
Once you have converted your skins into cash, you can use PayPal to deposit money into your playing account. All you have to do is link your PayPal account with your bank account, and you can transfer money into it so that you can start making transactions. However, even if your PayPal account is empty, it can still draw directly from your bank account for transactions.
More CSGO Betting Sites Accepting PayPal
In this section of the review, we will offer brief overviews of some of the best CSGO sites that accept PayPal for making deposits into your account. Unfortunately, there are relatively few of them because the payment solution only accepts online betting transactions in licensed jurisdictions, which are generally located in Western Europe and specifically the UK. Countries that accept PayPal include France, Belgium, Finland, Denmark, Italy, Sweden, Spain and Portugal.
Betway, established in 2006, this is an international online gaming company that is based in Guernsey and Malta but holds licenses in various countries, including Spain, Italy, Germany and Denmark. To assure clients that their operations are trustworthy, they practice self-regulation by being voluntarily accredited by eCOGRA, an independent certification body and testing agency, as well as becoming a member of the European Sports Security Association.
Apart from offering markets for the most popular esports such as CS:GO, League of Legends and DOTA 2, you can also bet on less popular ones like FIFA Betting, NBA 2K, Hearthstone and King of Glory. To entice new players to sign up, Betway is offering a welcome bonus of 30 euros in free bets when you deposit at least 10 euros into your player account (terms and conditions apply).
If you are a European resident, you can also use echeck to make the electronic funds transfer to your PayPal account from a bank account. However, it can take up to five business days before the funds are transferred.
When you withdraw your funds, PayPal also offers you an assortment of options. You can have the money directly deposited to your bank account, request an e-check or paper check that will be sent by mail or even use another person’s bank account if you don’t have one. In addition, you can avail of a debit card that will allow you to withdraw your money from an ATM, although this may not be available in all jurisdictions.
Is It Safe to Bet on CSGO Sites?
One of the biggest misconceptions about esports that many bettors have is that it is not worth taking them seriously since, after all, this is just people who are playing video games. You probably know teenagers who play video games all the time at home. But in fact, organized competitive video gaming tournaments have been organized for years, and like traditional esports tournaments, they also have big prize pots and even sponsorships. Many of the publishers who publish games also sponsor tournaments, providing millions of dollars in cash prizes.
It is also worth noting that, just like professional sports organizations such as the NFL and the NBA, esports leagues are heavily regulated. The players who participate are professionals who are even tested for performance-enhancing drugs to be sure that the competition is completely fair. The leagues do this because they want esports to develop a professional image that is in line with that of traditional sports.
The esports market has become so big that it is estimated that worldwide market revenue will hit US$1.65 billion by 2020 from some US$493 million in 2017. It is also estimated that, in 2018, major esports leagues are seen to be worth US$906 million. The valuation includes media rights, sponsorships, ticket sales, merchandising and advertising.
Many bettors also have doubts about dealing with online esportsbooks. This is also understandable, particularly if you have not made bets with them before. The industry is aware of this issue and so they make sure that they self-regulate to assuage the concerns of potential clients. Esportsbooks usually voluntarily agree to be licensed and regulated by a recognized agency in the jurisdiction in which they are active. They may also become members of industry organizations that have codes of conduct that they agree to follow, which ensure that their operations meet the highest industry standards.
Thus, if you are worried about safely making esports bets, you should only deal with CSGO betting sites that accept PayPal since these are guaranteed to be legitimate. You can feel secure that the money that you deposit with them will be safe, and that if you win, your winnings will be deposited safely into your account.