Esports Betting / LoL Betting Strategies Guide: How to Bet on League of Legends in 2023

LoL Betting Strategies Guide: How to Bet on League of Legends in 2023

Last Updated on 04/06/2023
Fact checked by: James Leeland

Anyone who bets on League of Legends is bound to be curious about League of Legends betting strategies. For that reason, here at Strafe.com, we have put together this short guide so you know exactly what to look for.

We know that one LoL betting strategy might be better for you than another. So, you might waste time and effort finding that out using trial and error. This article aims to provide you with all the necessary information you need to know about where and how to bet using a League of Legends strategy.

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The popularity of LoL is due to several reasons, all coming together to create what is arguably the most popular eSports for both pre-match and League of Legends live betting.

Accessibility

The first and possibly the most important reason is the number of players that have access to the game around the world. Whereas many eSports have a game to buy before you can start to play - LoL was initially released as free to play and the game was monetised by players buying upgrades or extra boosts.

Global following

This, in turn, means that there is support for this eSport in great numbers around the world and that regional leagues have huge followings. The number of competitions keeps the eSport exciting for those that want to watch, and especially for those who want to place a wager before or during a match.

Number of markets

All of these leagues and competitions provide watchers and bettors with lots of matches, and the intricacies of the game also provide many markets to bet on. This provides plenty of scope for anyone wanting to place a bet, and plenty of opportunity to develop League of Legends betting strategies.

Why League of Legends betting strategies are so important

The short version is that, as with everything in life, things tend to turn out better if you have some kind of plan. This, however, is much easier said than done, as turning all of the intricacies and possibilities of any eSport - but LoL in particular - into a workable strategy can be quite a big deal. This is why many bettors might not consider any kind of strategy and just rely on a gut feeling, superstition, or a badly thought-out punt in the dark.

While strategies are certainly no guarantee of success, they can be a better approach than the ‘pin the tail on the donkey’ type methods already listed. A properly prepared strategy will be based on:

  • Knowledge;
  • Experience;
  • Expertise;
  • Testing.

To provide something that has given favourable, measurable results over a period of time.

In essence, your choice is between what amounts to pure guesswork or using a carefully put-together plan. All things considered, it might be wise to go for the second option.

Picking the right League of Legends betting strategies

Because of the level of difficulty involved, you might be surprised to find that there are a lot of League of Legends betting strategies available. This should tell you that they can be something of a mixed bag and some will be better than others. In addition to this, some will suit some people more than others based on a number of factors.

For most strategies, these factors will be how much money you have to put into your ‘pot’, the amount of time following the strategy will take out of your day, and how the strategy fits in with your attitude to how you play.

With League of Legends betting strategies, however, there is the additional factor of the direction you are coming from. You might be an old hand at placing bets, but not as familiar with LoL as you’d like, which means you might not be suited to a strategy based around looking at the more intricate details of the game.

On the other hand, you could be coming in from a different direction completely, with extensive knowledge of LoL, but little or no time spent placing bets, in which case you might be better suited - initially at least - to a strategy that shies away placing any type of intricate bets.

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Picking the right League of Legends betting strategies

Because of the level of difficulty involved, you might be surprised to find that there are a lot of League of Legends betting strategies available. This should tell you that they can be something of a mixed bag and some will be better than others. In addition to this, some will suit some people more than others based on a number of factors.

For most strategies, these factors will be how much money you have to put into your ‘pot’, the amount of time following the strategy will take out of your day, and how the strategy fits in with your attitude to your playing style.

With League of Legends betting strategies, however, there is the additional factor of the direction you are coming from. You might be an old hand at placing bets, but not as familiar with LoL as you’d like, which means you might not be suited to a strategy based around looking at the more intricate details of the game.

On the other hand, you could be coming in from a different direction completely, with extensive knowledge of LoL, but little or no time spent placing bets, in which case you might be better suited - initially at least - to a strategy that shies away placing any type of intricate bets.

Markets available to use for League of Legends betting strategies

The strategy you decide on will also be influenced by the number of markets that are available for LoL bettors. Whether in League of Legends handicap betting or the more regular markets, there are a huge number of possibilities.

First of all, there are the standard ‘win’ markets that can apply to the match overall or each of the maps. You then have map-specific markets that can involve first blood, or the number of towers destroyed or barons killed. These, in turn, can be matched with other factors to create bets like ‘first blood and win map’. You could also look for other markets for rarer events like a ‘Penta Kill’ when a single player kills all of the opposing team of five players.

Do League of Legends betting strategies work for both pre-match and live betting?

With this many markets, it is easy to see how League of Legends betting strategies can work for both pre-match and live betting. That said, they are likely to be very different in nature. For instance League of Legends betting odds are likely to change much more quickly during a match, so that could be at the root of an effective live strategy. On the other hand, a pre-match strategy might involve looking at the odds beforehand and trying to spot a value bet based on your knowledge and research.

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Tips for developing your own League of Legends betting strategies

There are ‘off the shelf’ League of Legends betting strategies but you might well choose to develop your own ‘bespoke; strategy, tailor-made for your own preferences and attitude to your playing style. Whatever strategy you develop, needs to be based on these principles.

Knowledge of LoL

As you have seen for yourself, there is a lot of action in even the shortest LoL match, and you will need to be familiar with many of the intricacies of the game so you don’t get caught out. This can take time, and some playing yourself before you can start developing your strategy fully.

Knowledge of the markets and bets

Once you know how to play the game, you can then look at learning how to bet on the game. To do this you’ll need to find the right bookmaker - more on that in a minute - that offers all of the markets you are looking for. This can take longer than you think, but Strafe.com can help you out there with our full range of bookmaker reviews and ratings.

Practice and testing

Once you have found what could be the right strategy for you, don’t start playing with money straight away. You can bet on paper and see what happens for a few days or even weeks to iron out any of the wrinkles in your plan. If you are honest about the results and do not conveniently forget anything that doesn’t go to plan, you could see a strategy developing. You can then start betting using real money, but only a small amount of your available bank - for instance, 2-5%. This allows you to increase stakes as you perfect your strategy, and an inevitable bad run won’t wipe you out.

Pitfalls to avoid when using League of Legends betting strategies

While using League of Legends betting strategies might be a better approach than just doing whatever you fancy, they are not without their downsides. Some of these will have been mentioned briefly earlier - but it is important you are aware of these so you can do your best to avoid them.

Don’t think following a strategy is a guarantee of success

Regardless of if a strategy has favourable, provable results in the past, this is no guarantee that it will repeat those results today, tomorrow, or at any point in the future. Any strategy is refined experience and knowledge, tested over time - and can still fall victim to the occasional curveball. You need to be aware of the number of factors involved - and that even the best strategies don’t win all or even half the time.

Don’t let your bookmaker know you are following a strategy

We’ll be covering what to look for in League of Legends betting sites in just a moment, but first, you need to be aware of what they will be looking for in you. It will come as no surprise that whichever bookmaker you happen to choose, they prefer losers to consistent winners. For that reason, you should not give away any obvious signs you are following a strategy or have accounts open with more than one bookmaker in case one of them gets cancelled. This can be inconvenient, but you do have the option to then take advantage of the welcome bonuses from more than one site.

The biggest pitfall here is not following your strategy

This might sound obvious, but you will be amazed by the number of people who, after using a strategy for just a few days, think they can ‘improve’ it. This rarely works out well, and more frequently leads to an empty account as the bettor finds out the hard way why their little ‘improvement’ wasn’t part of the strategy to start with.

The other reason might be based around betting emotionally - and wanting to continue a winning streak by betting on something that doesn’t quite fit the strategy. Alternatively, it could also be betting on things that don’t fit the strategy because they are chasing earlier losses. Either way, you need to avoid doing this.

Finding the right bookmaker for your League of Legends betting strategies

Armed with all of this valuable information, you can then go about finding the right home for your LoL strategy betting activity. Here at Strafe.com we have reviewed and rated all of the available bookmakers, so you can see at a glance which ones have what you are looking for. These criteria might vary slightly depending on your strategy and you might be looking for something specific like PayPal esports betting sites for League of Legends, but this shortlist can provide the perfect starting point:

Find the right welcome offer at Unibet

Getting your LoL betting strategy off to the right start can be helped with some bonus bets or a little extra in your balance. Unibet is the perfect fit here as they have a reputation for generous bonuses, but you’ll have to check the T&Cs to make sure any League of Legends betting promo codes you happen to have are valid.

Unibet is one of the biggest names in eSports betting, so you know they are fully licensed and legit, and have SSL encryptions in place so you know that your data is as safe as it can be, and any deposits and withdrawals are safe.

Find all of the markets you need at Ladbrokes

As you have seen, there is a lot going on during an LoL match, and many League of Legends betting strategies might rely on a range of markets that cater to most eventualities. You will need to see what markets are available, and also check to see if they are around for all matches or just the big competitions.

Ladbrokes has everything you need here, with an extensive range of markets for both pre-match and live LoL betting. You should also find the site easy to navigate to find exactly what you want quickly, along with competitive odds to get the best from the experience.

A wide range of payment methods at Bet365

You don’t want to have to jump through hoops each time you make a deposit or withdrawal, so you need to find a bookie that makes this side of things easy. By picking a bookie like Bet365 that has a wide range of payment options, you stand the best chance of being able to use your preferred payment method.

Bet365 is also safe and secure; and like Unibet and Ladbrokes, has generous bonuses on offer to new accounts. You’ll also find no shortage of LoL markets either, so whatever strategy you are using, you’ll find plenty of choice at competitive odds.

Conclusion - League of Legends betting strategies can be simple for both new and experienced eSports bettors

This guide to League of Legends betting strategies provides the perfect platform for developing your own strategy, or simply finding the right one to follow. This will apply if you are making your first eSports bet, or are someone who has been betting on other eSports before.

You now know what to look for in a strategy, and just as importantly how to find the right bookmaker to place those LoL bets with. This quality information is key to having the best experience possible, and this is not the only source of information you can take advantage of here at Strafe.com. We have a range of guides on all subjects relating to online betting, making us a one-stop solution that you can start to use to your benefit immediately.

League of Legends Betting Strategies FAQ

💡Which are the best League of Legends betting strategies?

LoL is a popular eSports with many leagues and competitions throughout the world. For that reason, there are plenty of choices available for anything regarding LoL, including strategies. This means some will suit some people better than others, and to find the right strategy for you, check out our guide.

💭 Which is the best bookmaker for placing LoL bets?

This will depend on many things, including where you live, your experience level, and if you are following any League of Legends betting strategies. Searching on your own can take a lot of time and effort, but by checking out the reviews at Strafe.com you should be able to quickly find exactly what you are looking for. 

🎈Do League of Legends betting strategies work for live betting?

Because of the many leagues, competitions, and markets available, almost anything is possible with a LoL betting strategy, and it should just be a case of following the right one for you. To make that search much easier, Strafe.com have put together this guide to help you find the right one.

💸 Can you use welcome bonuses with League of Legends betting strategies?

Welcome bonuses come in all shapes and sizes and for that reason, you need to read all of the small print before signing up. When it comes to League of Legends betting strategies and finding the right welcome bonus, Strafe.com have already done much of the legwork for you, so check out this free guide to make the whole process a lot easier.

🕹️Do all bookmakers have LoL live streams?

Bookmakers cover a lot of eSports and markets, and finding the right bookmaker for your League of Legends betting strategy is likely to involve locating one with regular live streams. This could be used for either live betting or research purposes. Our guides will help you find the best bookmakers for live eSports betting, as well as how to find the right LoL strategy for you. 

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