Betting on Esports is expected to be a legal option in Michigan upon the launch of online sportsbooks. While it is not currently listed in the state’s “sports wagering catalog”, it is safe to assume that all forms of professional competitions will be made available, esports included.
Where Can I Expect To Bet On Esports In Michigan?
Best Upcoming Online Sportsbooks In Michigan For Esports
|Sports Betting App||Esports Offered||Welcome Bonus|
|DraftKings||League of Legends (LoL), Counter-Strike (CS), Rocket League, Overwatch, Call of Duty (CoD), eNASCAR||20% deposit match up to $1,000|
|FanDuel||LoL, CS, Rocket League, Overwatch, CoD, StarCraft, FIFA, Madden, NBA2K, eNASCAR||Up to $1000 risk-free bet|
Betting On Esports Online In Michigan
Right now, it’s unclear exactly what esports options online sportsbooks will have in Michigan. However, you can currently play Daily Fantasy Esports at DraftKings DFS, which is legal in Michigan. The current options include:
- Call of Duty
- Counter-Strike: Global Offensive (CS:GO)
- League of Legends
- Rocket League
FanDuel also offers Daily Fantasy Esports for the League of Legends World Championships. So it’s safe to assume that both brands will have those betting options. And as brands that are largely focused on traditional sports, both DK and FanDuel will almost certainly offer esports bets on FIFA, Madden, and NBA2K.
Retail Sportsbook Locations In Michigan
But folks in both the Upper and Lower Peninsulas have a brick-and-mortar casinos within driving distance, and most have a retail sportsbook. The moment esports are approved, you can be sure that both the online and retail locations will take bets for the biggest tournaments. And many will be taking bets for all the major esport matchups.
History Of Esports In The US
According to an Esports Ecosystem report for 2020 reported on by Business Insider, the esports market is projected to grow to at least $1.5 billion by 2023. And in that same report, Newzoo projects $1.8 billion by 2022.
Esports is the competitive side of video gaming. Technically, any game where you can compete against other players could be considered an esport. In fact, going for the best score or the fastest time on a game is a competitive market in and of itself.
But when it comes to esports betting, it’s the biggest names that reign supreme. And the reason is simple: the games that draw the most viewers draw the most bets — and bring in the most revenue.
Despite the incredible worldwide popularity, the first online sports bet on an esports event wasn’t taken until November 2019 at the FanDuel Sportsbook in New Jersey. However, it’s a safe bet that esports will become an increasingly common bet, especially with the 2020 COVID-19 shutdown only amplifying interest in gaming streams.
Popular Esports, Events, And Tournaments
The most popular esports events and tournaments in 2020 were those that had the most viewers and the largest prizes. While sports games like FIFA and Madden are highly popular in the esports circuit, it’s these that inspire the most watching – and betting.
1. League of Legends World Championship And Mid-Season Invitational
League of Legends (LoL) is a battle arena game that boasts two of the biggest single-game tournaments on the planet: the LoL World Championship and the Mid-Season Invitational. Teams can win more than $1 million.
2. Intel Extreme Masters
The IEM is a two-game tournament involving both Counter-Strike Global Offensive (CS:GO) and Starcraft II. However, the tournament has hosted other games, including LoL, so it stands to reason that additional games will be introduced in the future.
3. ESL One
The sequel to Defense of the Ancients, Dota 2, is one of the most popular esports games and shares a massive tournament with CS:GO. ESL One 2020 in Los Angeles was canceled because of the coronavirus, but normally, this is one of the biggest tournaments to watch.
4. Call of Duty League Championship Weekend
Call of Duty is an extremely popular first-person shooter game that hosts a yearly championship weekend to a massive number of viewers. First place gets $1.5 million, second place receives $900,000, and third place is awarded $600,000, three massive purses that give the Kentucky Derby a run for its money.
How Will You Be Able To Place An eSports Bet Online In Michigan?
When Michigan rolls out legal online betting and adds esports to the approved list of sports, it will be quick and simple to place a bet. The only requirements are that you’re at least 21, physically located in the State of Michigan, and have an internet connection.
Step 1: Find An Esports Sportsbook
Even when Michigan approves esports betting, it is unlikely that all sportsbooks in the state will offer it. Before you join, make sure that esports (or the specific game) is included in their list of options. If you can’t find it, double-check with the customer service via online chat or email.
Step 2: Deposit and Bet
Once you’ve created an account at an online sportsbook with esports, you then make a deposit using debit or credit card, online banking transfer, PayPal, or whatever method you prefer. You can then place bets as low as $0.50 to as high as $5,000 or more.
Step 3: Cash Out Winnings
Depending on how well you do betting on esports, you can cash out your winnings via online banking, PayPal, or your preferred method. However, credit and debit cards will not be an accepted withdrawal method at Michigan online sportsbooks.
Different Ways To Wager On Esports
You can win money on esports in several different ways. While the sports betting sites and apps in Michigan will focus on real-money betting and fantasy sports, your options don’t end there.
|Type of Betting||Definition||Example of a Website|
|Real-Money||Betting US dollars on esports events.||FanDuel|
|Fantasy Betting||Entering fantasy esports competitions for cash prizes.||DraftKings|
|Skin Betting||Betting with weapon, character, and other in-game skins instead of money.||CSGOEmpire|
|Social Betting|| |
Betting with site-specific currency that can be exchanged for cash prizes.
|Playing for Money||You can participate in tournaments and win money by playing the video games themselves.||GamerSaloon|
Popular Ways To Bet On Esports In Michigan
For an esports win bet, you’re simply betting who will win. The score doesn’t matter.
Betting the spread in esports depends on the game. It works the same as traditional sports when you’re betting on games like FIFA, Madden, or NBA 2K. But for games like LoL or CS:GO, the spread applies to the number of rounds rather than points.
A parlay is placing multiple bets under one total wager to increase the win potential. If all bets are correct, you win the parlay. But if even one event loses, the whole parlay is lost.
A Futures bet is betting on a result that will happen at a later date. For example, you could bet on the winner of the League of Legends World Championship months in advance. Doing so usually ensures that your win potential is higher than if you bet the day of the event.
Prop Bets, also known as exotics, are bets on specific occurrences within the event, and usually aren’t affected by the final result. For example, betting that a team will win both pistol rounds in CS:GO.
In esports, totals depend on the game. For CS:GO and LoL, you bet the over/under on how many maps or rounds are played. Basically, you’re betting over 2.5 or under 2.5; or whether the game be decided in two rounds or three.
In-Game or Live Betting is where you bet on the game as it’s being played. Once the game is underway, the odds can shift dramatically depending on what happens. And you can place bets accordingly. Think a team is going to make a comeback despite being behind? That can result in a large in-game win if you’re right.
eSports Betting Odds
In Michigan, the odds for esports betting will be presented the same way as traditional sports: using American odds. The sportsbooks determine the odds based on what they believe to be the likelihood of the result.
The positive (+) number is how much you’ll win with a $100 bet, and it starts at a minimum of +100. The negative (-) number is how much you’d need to bet to win $100, and the lowest it starts at is -101.
The larger the positive number, the lower the chances of winning, but the higher the payout. For example, a correct $100 bet on +150 odds would win $150.
On the flip side, the lower the negative number, the higher the likelihood of winning, so the win potential is lower. For example, odds set at -150 would mean you’d need to bet $150 to win $100.
Why Choose A Legal Sportsbook For eSports Betting In Michigan?
Illegal Betting Sites Can Be Unsafe
Illegal betting sites are often located in areas with little oversight or strict regulations. That’s how they’re able to offer their platform to bettors in areas where online gambling is illegal.
When you join these sites, there’s no telling what they’ll do with your personal or financial information. There are countless horror stories of people’s sensitive information being compromised, and that’s reason enough to avoid these sites.
Legal Betting Sites Are More Transparent
Legal and legitimate online sportsbooks in Michigan will have their terms and conditions front and center. They’ll also have accessible customer service representatives available via phone, email, or online chat.
Illegal sites, on the other hand, will hide terms and conditions like 50x rollover requirements on bonus offers. Their customer service will only be available via email. And they can withhold your winnings for any imaginable reason.
You’re Not Protected At Illegal Betting Sites
Meanwhile, your best course of action for an illegal site is to post a strongly-worded review. And that’s about it.
Michigan Legal eSports Betting FAQs
Very. Esports and video gaming are popular all across the US. But as one of the most populated states, and one with several major colleges, esports is particularly popular in Michigan. On top of intercollegiate recreational esports leagues, there’s also the Michigan High School Esports Federation. No gambling is involved, but it’s a good indication of the popularity of esports in the state.
Yes and no. You can currently win money wagering on daily fantasy esports through the DraftKings DFS platform. However, the Michigan Gaming Control Board (MGCB) has not yet added esports to its list of approved sports for betting. But it is expected to do just that, either in the leadup to the launch of online sportsbooks or soon after.
Yes. You will be able to bet on international esports events in Michigan when online sportsbooks enter the market. The biggest esports competitions take place all over the world, and more than half of the esports market is located in Asia. However, the US has their fair share of host cities for some of the world’s biggest tournaments, including ESL One.
No, but maybe someday. Right now, esports are still considered relatively niche in the world of sports betting. It is unlikely that all Michigan online sportsbooks will offer esports right out of the gate. But once the ones that don’t see how well the ones that offer esports are doing, they’ll follow suit. We’d bet that all sportsbooks in Michigan will take esports bets in one form or the other by 2023.
The best sites for esports betting in Michigan are DraftKings and FanDuel. These are the two sportsbooks and fantasy sports platforms that offer the most esports betting action. Not only do both DK and FD cover the biggest tournaments and events, they also have some of the more regularly occurring events, such as qualifiers.
21 or 18. The age requirement for sports betting in Michigan is 21-years-old, which includes both online and retail sportsbooks. This is traditional sports betting on esports events, such as win and spread bets. However, those 18 years or older can play daily fantasy esports on DraftKings in Michigan, and win money doing so.