Betting On Dota 2 : Item Betting And Real World Currency Match Betting

1393 Words Feb 6th, 2016 6 Pages
Set 1 – Item Betting vs. Real-Money Betting
There are two distinct approaches when betting on Dota 2: item betting and real world currency match betting. Item betting is unique to only Valve platform games (such as Counter-Strike: Global Offensive and Dota 2). It was a huge boost to reinvigorating CS: GO and its player base as well as a nice source of income for Dota 2. Real-money betting on sites such as Pinnacle Sports has been active since 2010. Subsequently, bookmakers have realized the potential earnings that eSports can provide to their companies, creating a frenzy of introductory markets. With this article, we’ll be taking a look at both aspects, their pros/cons, and how to get started with each.
Betting with in-game items
In-game item betting provides a safer avenue to wager with then using real world currency. For starters, a user does not need to deposit money or attach a source of currency (credit card, debit card, bank account, etc.) to start betting. They can safely purchase items from the Steam Community Market and then link their account on Dota 2 Lounge.
The safety of in-game item betting on Dota 2 Lounge
To help facilitate any wagers, Dota 2 Lounge uses an escrow system. An automated, dummy account is created for each transaction that only Dota 2 Lounge has access to. The account is completely AI driven, and once a wager is placed the account will request the necessary in-game items from all associated parties. Wagers and trades will not begin until all…

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