CS:GO Bitcoin Betting

Counter-Strike: Global Offensive is an online first-person shooter video game with a focus on a multiplayer battle between two teams. Both of the teams, terrorists and counter-terrorists, have various objectives to meet so as to win any round and earn points. In turn, the points gained add up and ultimately, allow one of the teams to secure a win.

The game traces its history back to 1999 when it was launched as a modification for Half-Life. Over a number of years, it went from beta status to a full version for public release, refining the classic video game scene and creating a loyal following.

It has had a number of iterations over the years. During that time, CS:GO has created an entire economy with players competing in local, regional as well as international tournaments. With the emergence of Bitcoin and the cryptocurrency economy as a whole, a new trend emerged on the eSports scene.

eSports bookmakers began accepting the use of cryptocurrencies like Bitcoin for betting in response to growing public demand. Some CS:GO tournaments also began awarding prizes in cryptocurrency. More and more traders in CS:GO markets embraced the use of Bitcoin and other digital assets.

Today, the use of Bitcoin on CS:GO betting, trading and tournaments is more vibrant than ever before.

Established in 2017, Thunderpick is a relatively recent addition to the bookmaker scene. Within a few years, it has already managed to become one of the leading betting platforms in eSports. Also, it holds a license from Curacao eGaming.

Currently, it offers betting options on eSports, sports as well as in-house casino games. Its wagering system is known to be provably fair. Its eSports section is one of the most comprehensive out there, as it was originally the sole focus of the service.

It differs from most other bookmakers in the sense that it operates on pool betting, also known as pari-mutuel betting. Players here do not bet against the bookmaker. Instead, they contribute their wagers to a common betting pool while betting against fellow players.

Thunderpick’s site offers a multitude of payment options including debit/credit cards, e-wallets and cryptocurrencies. You can even make payment using CS:GO skins at the exchange rate of $1 percent. When using Bitcoin and skins, there is no service charge, but all other options attract a fee.

However, Thunderpick’s promotions and bonuses are not its strongest suit. Currently, it only features a welcome package with a 500 EUR bonus on your first deposit.

Founded in 2016, Sportsbet.io is among the leading Bitcoin sportsbooks in the market. It is licensed under the laws of Curacao eGaming and is owned and operated by mBet Solutions. This service is BitCasino.io’s official betting partner.

Its site has two main categories, a casino and a sportsbook. Under the latter, you will find a wide array of sports listed and about 6 eSports options including CS:GO. Despite having a minimalistic website design, it is a good-looking site with a user-friendly interface.

You can use both Bitcoin and fiat currencies to make wagers here. For Bitcoin payment processing, Sportsbet.io works together with Coingaming.io. By virtue of this partnership, it is possible to buy Bitcoin directly from the site.

Additionally, Sportsbet.io has a wide range of bonuses and promotions for new and existing players. When you first sign up, you will qualify for a 300% deposit of up to 30 EUR. You can also get a price boost once every day, which basically increases your wager amount.

Established in 2020, ArcaneBet is a comprehensive gambling platform owned and operated by TH Gambling N.V. It holds a Curacao eGaming license and in its short duration of existence, has a good reputation in the industry.

It has a vibrant casino and sportsbook. Also, eSports section has a total of 6 games to bet on including CS:GO. Though it is still quite young, it is already renowned for its extensive betting markets, broad coverage of eSports and competitive odds.

In order to support responsible gambling, it includes provisions for self-exclusion. Using this feature, you can stop gambling altogether, take a break or set limits to control it.

Making payments here is a breeze as the platform supports multiple options. These include the use of Bitcoin as well as multiple fiat payment solutions. However, you cannot bet using skins on this site.

When you first sign up here, you will qualify for a 100% matchup of up to 100 EUR/USD. Unfortunately, this is the only bonus available. But hopefully, ArcaneBet will with time expand its promotions offering.

Founded in 2017, 22Bet is a highly versatile casino and sportsbook with plenty to offer. It is regulated by the UK Gambling Commission as well as Curacao eGaming. Additionally, it has made a great effort to localize its offering. Thus, it holds quite a number of local licenses in various markets where it operates.

Its versatility is evident in the number of eSports betting options and markets available for punters to choose from. At the time of this writing, there are a total of 327 events to bet on under this section, with each game offering multiple options.

It is one of the few bookmakers with a native mobile app that you can download to your Android or iOS device. This makes it great for gambling on the go and ensures great performance on both desktop and mobile.

Payment options are yet another area in which the casino offers matchless versatility. You can use Bitcoin and 24 other cryptocurrencies as well as a multitude of fiat currencies. Payouts are incredibly fast too.

When you sign up here, you will qualify for a 100% matchup bonus of up to 300 EUR. On the downside, this is the only bonus accessible at the moment.

If you are thinking of joining the CS:GO Bitcoin betting craze but have no clue where to start, the brief step-by-step tutorial below will get you on the right track.

Step 1: Choose a Bitcoin Bookmaker

There are plenty of bookmakers out there supporting Bitcoin betting on CS:GO. Take a moment to assess their strengths and downsides in relation to your preferences.

The above reviews of the top 4 bookmakers are a great place to start. Find one that matches your preferences and circumstances then create an account.

Step 2: Deposit Bitcoin

Now that it is time to make your first deposit, check whether there are any deposit bonuses. Make sure to read through the terms and conditions attached to the bonus.

Once you are clear on the rules, find your Bitcoin deposit address and make the deposit.

Step 3: Choose a Market

There are plenty of CS:GO betting markets. Some of the popular ones include ESEA MDL 34 Europe, ESL Pro League, LPL Pro League, Asia Champions League, Aorus League and A1 Adria League among others. Make your choice from the available range of options on the site you choose.

Step 4: Bet Pre-Match or In-Play

Betting here works in much the same way as in traditional sports. You can choose to bet on aspects such as which team will win, whether the match will go overtime or end up in a draw or even how long a game will go on. It is also possible to bet on the final scores or the number of maps a team will win.

The options are virtually endless. Make your pick and bet either pre-match or in-play. Note that whether you match in-play or pre-match will depend on the nature of the bet.

Ultimately, CS:GO betting is all about beating the house through the use of asymmetries of information. You would therefore need to take time to think about what you know that the house does not.

The first question you may want to ask yourself is “How do the bookies set the odds?” Once you figure that out, you will stand a higher chance of beating the house. Simply put, they set odds based on a ton of historical data as well as betting activity.

What you need are cold hard facts and to get them, you need to do your research. The information they use is available publicly, so you simply need to do a bit of digging to find them.

One of the best things about CS:GO is that it is a dynamic game and therefore, the edge can shift in favor of the punter. This could be the result of roster or map changes as well as a host of other things.

Pre-match Betting Tips

• Player Form

One of the most important factors that affect match results has to be the player form. Ask yourself, how consistent are the players in a given team? How do they perform on different maps? What is their win percentage? How about overall tournament performance?

Rather than just gathering data or reading other people’s analyses, take time to watch the player in action. Be sure to identify the most recent ones to get an accurate feel for the current form of different players.

Fortunately, there are plenty of resources on the internet to form a basis for your research. By carrying out in-depth research on players, you will have a huge advantage over punters who do not bother to research.

• Roster Changes

It is also crucial to take into consideration roster changes. These refer to changes made on the rosters of various teams. Players frequently change teams in CS:GO as well as in other eSports in search of better opportunities. Roster changes are similar to transfers in soccer and other sports.

Failure to take this into consideration could result in wasted time carrying out research into players who may no longer be in a given team. Note that in some cases, you may not always have confirmed changes available. But there could be leaks and hints suggesting a change.

Use reliable sources to get this information and it might make a world of difference in your research and ultimately, your betting results.

• Map Changes

Another factor to consider involves map changes. The creator is always making changes to the different maps during software updates. For instance, the most recent update has some minor changes on Mirage, Train, Inferno, Cache and Overpass.

Though the changes may seem minor, they may favor the opposing team. Some maps are known to suit Terrorists and others, Counter Terrorists. Changes to these maps are thus likely to impact the performance of different teams. Knowing what map favors what team is key to creating a winning strategy.

In-Play Betting Tips

Also known as live eSports betting, in-play betting is fast gaining popularity among advanced bettors. But you do not have to be a guru to make it work for you. With this form of betting, the markets are offered sometime in the course of the match.

To make a success of the exercise, one of the tips to keep in mind is the use of different streams. This is because the speed of your feed will determine how fast you can react. Having multiple streams will ensure that you do not fail when one feed experiences latency. You could also watch in-game so as to be able to analyze the game in more detail than what you can get from the official match stream.

Note that the odds can change in a matter of seconds during in-play betting. Therefore, you should be at the ready to react fast when placing bets. Avoid the tendency to get carried away with what is happening as the ultimate objective is to make a profit.

Other Tips for CS:GO

• Comparing Bookmaker Odds

It goes without saying that the more competitive a bookmaker’s odds, the higher your chances of bagging a good win.

Take time to compare the odds offered by different providers and choose the best one. But remember not to look at this in isolation and ignore major downsides as these may cancel out any advantage you would have enjoyed.

• Bagging a Bonus

When you bag a bonus, you increase your betting capacity and if you end up with a win, it may amplify your winnings. But before choosing the site with the biggest bonus, look at the fine print to ensure it makes sense.

Counter Strike: Global Offensive is the brainchild of Hidden Path Entertainment and Valve Corporation. It was launched to the general public in 2012 as the fourth game in a series of Counter Strike titles.

The very first title in the series, which was popularly known as Counter Strike 1.6, was launched in 2000. Prior to that, the game, which was the creation of two community members, had been released in the form of a Half Life modification in 1998. After the modification gained traction and became popular, Valve hired the two creators and acquired the intellectual property.

The first beta version of this Half Life mod was released on June 19, 1999. By the end of 1999, the game had progressed to beta version 6.5, one of the most recognizable betas, credited with the addition of the smoke grenade.

After the launch of 7.1, the game left beta and Retail CS 1.0, the very first official version, was launched. In 2003, it was launched as a separate product on Steam and remained popular for a while, until the launch of the second iteration, version 1.6.

Counter Strike 1.6 retained the title of most popular version for a long time, even after the release of CS:SOURCE. This is because 1.6 offered much smoother performance and was therefore more ideal for competition. But after a rocky start, SOURCE eventually balanced out and smoothed out its rough edges.

However, following the launch of CS:GO in 2012, everything changed thanks to the introduction of a robust ecosystem for competitive play. The Matchmaking system came into the game and with time, players began to appreciate its worth.

Not only does it have an extensive player base, but the number of spectators and bettors is also astounding. You will find high quality games every single day and on the internet, there is a treasure trove of information on the game.

It is also among the biggest live streamed eSport globally with a number of third-party organizations planning qualifiers and tournaments in various regions. Currently, the biggest of these is Electronic Sports League’s (ESL) CS:GO Pro League.

There are numerous game modes available including:

• Demolition – Used in competitive gaming, this mode has both teams working towards a specific objective. The objectives could include planting a bomb (terrorists) and defusing it (counter terrorists). Those who get killed are not respawned till the end of a round.
• Deathmatch – To win in this mode, the teams have to reach a set number of kills. If you die in action, you will be respawned on another part of the map.
• Arms Race – In this game mode, there are no teams. Rather, it is you against a world of shooters. You will have a weapon assigned to you as you cannot pick put your own. After every kill, you get a new weapon and the knife is the last one. If you kill with it, you win.
• Competitive – This mode is for experienced players only and you can only reach it by playing the other modes. It has a ranking system, with the highest being Global Elite. Less than 1% of the global player community has reached this status.
• Casual – In this mode, the maximum number of rounds is 15 and the first team that wins 8 rounds wins the game. It makes use of matchmaking where players are matched according to skill level. You can earn money during every round to buy weapons during the next round.

Over the years, a number of players have become legends in CSGO professional gaming. The criteria used to identify these players vary significantly and as such, the rankings may seem biased.

Successfully betting on eSports requires that you undertake your own research to understand the game and get well acquainted with players. You also need to be constantly updated so you can adapt your strategies accordingly.

By investing time in the betting process and choosing an appropriate bookmaker, you may have an opportunity to enjoy the game and rake in some winnings too.