I will try to explain differences between e-sports real money betting and skins betting and help you figure out what is better for you.
Tl;dr in the end of the post.
Lets weight pros and cons of e-sports real money betting.
You will get FIXED odds.
It means that if you place a bet on 2.50 odds – your bet will be payed out at 2.50 odds, doesn’t matter how much bugattis were placed by other people after your bet.
You will get bonuses / loyalty programs / free bets
The more you bet, the more you get?
It depends. Some bookies have same rewards for every player, some offer bigger rewards for bigger players.
For example on fanobet you will get 1% cashback no matter how much you bet, but on EGB – the more you bet, the better bonuses you will get. Since EGB system not really friendly for newbies and has some calculations – You can read my guide where I am explaining how to get the biggest cashback on EGB using their loyalty program.
You can place express / parlay / combination bets
High risk and even higher reward. On E-sports betting sites you can start your road to bugatti just from 0.01$!
Most likely you will get worse odds since real money betting sites have bigger cut compared to skins betting ones.
But.. Do you remember that CSGL increased their cut significantly like few months before ceasing skins betting? It was raised to e-sports betting sites similar percentage.
However, comparing to lounge – EVERY E-sports bookie will offer you rewards for your betting activity.
Also sometimes you can catch really GREAT opening odds, that you could never get on any skins betting sites. And its fixed!
If you don’t want any problems, ALWAYS put your real info when you are registering on e-sports real money betting sites
Sometimes bookies will ask you to pass their verification procedure. Usually they request these docs:
* Your ID card / Driver license / Passport
* Proof of address. It varies by country, but usually its gas / water / electric / phone bills or bank / credit card statement.
* Screenshot of your deposit method. It can be screen of your skrill / neteller/ bank account, depends how you made a deposit.
Its completely legal and all licensed bookmakers have rights to do it. Do not afraid to pass verification, its safe and easy!
In special case scenarios (if bookie suspects you into bonus abusing or having multiple accounts) you can be asked for different things like selfie with your ID, or to take a pic of your ID near paper with bookie name on it.
Verification process is just casual one time thing and you will never experience any troubles with it unless you registered with wrong info, have multiple accounts or you are not 18.
Cash outs are not instant
You will never get your money right after clicking on that lovely WITHDRAW FUNDS button. Usually it takes up to 24h but in some cases can take up to 72h, depends on bookie and your withdraw option.
Also some bookies use dirty trick when you can cancel your cash out during some time after you requested it. Stay strong and never cancel it!
Cash out fees?
Deposits are always free Keepo.
Don’t be afraid, cash outs are also free (at least one cash out per month).
Some of you who worked with e-wallets know, that for every transaction merchant must pay like 2%-7% in fees. So if you deposit 100$, bookie will get 95$. If you cash out 1000$ – bookie will pay 1050$ to your e-wallet. But, yeah it’s not your problem. Anyway, most of the bookies offer one free cash out per calendar month, but another one on top of it can occur a 2%-4% fee.
Also fee can happen if you deposit money and request a withdraw right after that without making any bets.
Real money betting sites have bigger fees but have cashback / bonuses and its making it equal to skins betting sites fees. You will always get fixed odds on your bets. Can make express or combo bets. You can be asked for documents to prove that you are not minor. Cash out can occur fees, but at least one cash out per month should be free.