How to Bet on LoL 2024: An experts Guide to Betting Money on LoL

Last Updated on 06/16/2024

League of Legends is one of the most popular eSports around, featuring on a number of online betting platforms. And if you don’t yet know how to bet on LoL, you could be missing out on a whole world of entertainment.

My guide is designed to help you understand how LoL betting works, enabling you to dive straight into the action. From explaining the types of bets and odds you’ll come across, to advice on staying safe online, it’s all here.

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🤔 League of Legends pros and cons

League of Legends main
Pros & Cons
  • One of the best known eSports
  • Free to play so anyone can learn the ropes
  • Strong sense of team spirit
  • Entertaining gameplay
  • Community can be full on at times

⭐ About LoL betting

If you’re thinking of dipping your toes into the LoL betting waters, there are a few things you need to consider. It’s not just a matter of working out who you think might be the top players and teams – this game comes with over 135 different Champions available across 6 classes, so there’s a fair amount of research required if you’re going to make the most of your wagering opportunities.

A variety of LoL bet types

When you’re first learning how to bet on LoL, it’s probably best to go for straightforward moneyline bets, in which you wager on who you think will be the outright winner. But that’s only the start of what’s available, whether you’re placing an advance wager or taking part in LoL live betting. Other options include:

  • First blood
  • Most kills
  • The first team to kill a dragon
  • The first team to destroy a tower.

A brief introduction to LoL odds

Mastering the concept of LoL betting odds isn’t something that can be picked up in an instant, but it’s worth spending some time getting to grips with how the system works. The odds instantly let you know some important facts about the game:

  • The side that’s expected to win (although nothing is set in stone when it comes to betting)
  • By what margin the favourite is expected to win.
  • How much money you might receive back from your wagering.

Negative odds indicate how much you’d need to wager to profit $100 or equivalent if you decide to back the favourite. Positive odds, on the other hand, show how much you’ll profit if you wager $100 or equivalent on the underdog.

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💥 Points to consider when betting on LoL

The most important aspect of wagering on LoL is your choice of betting platform. Always make sure that it’s licensed and uses SSL encryption to keep your private information safe. But there are other things you can do to ensure you enjoy yourself, regardless of game outcomes:

  • Play the game for yourself: A little knowledge goes a long way in eSports, so get to know the game in as much detail as possible.
  • Never bet more than you can afford: Outcomes can be surprising in LoL, so never assume you’re going to make a profit – and set your bets accordingly.
  • Enjoy yourself: This is meant to be a fun pastime, so if at any time you find yourself chasing wins and losses, stop playing, and take some time out – customer services will always be happy to help and advise you if you need any further support.

🕵 How to find yourself a top LoL betting site

Staying safe when betting online is a top priority, so stick with the recommended LoL betting sites from within the site banners. With that, I’ve also created a quick checklist of the key areas to consider before taking your newfound knowledge and betting on LoL.

🎲 LoL betting markets and odds

To get you started, you’ll want to ensure that the markets you are hoping to bet on are available. A quick trip to the esports lobby will soon highlight the experience you can expect. However, you will also find this covered in my dedicated reviews. I’ve even added some of the main markets you might stumble across in this convenient table.

📈Market type📊Overview
Match winnerThis bet is the most common found across LoL betting sites, offering you the chance to predict the match winner
Tournament winnerYou can bet on the outright winner of the tournament, too
First bloodThis bet allows you to wager on who will get the first kill
First to get ‘X’ killsThis type of wager allows you to bet on the team that will reach X number of kills first
Most killsThis bet is focused on predicting the team that will have the most kills

🎁 Specific bonuses and promotions

In order to get the most out of your bets, you’ll want to ensure that bonuses and promotions run consistently throughout your time online. Bear in mind that LoL betting sites that accept PayPal may not allow you to use the credible payment method to release bonuses. Plus, various additional terms, including expiry dates, eligible markets, and wagering requirements, may be attached.

⌛ Fair fees, limits, and processing times

Whether you are looking to place bets at LoL betting sites that accept Bitcoin, Neteller, Visa, or something in between, you’ll want to ensure that you are getting the most out of any deposits and withdrawals. So, it should come as no surprise to hear that my reviews consider any fees attached. You’ll also find that I detail any restrictions and highlight when your winnings can be expected.

📞 Responsive and reliable support

If you run into any issues when betting on LoL, you’ll want to feel confident that you can soon get your experience back on track. The very best LoL betting sites will ensure that any responses are swift and packed with insight. It is also worth checking how you can get in contact, including whether the service is available around the clock.

📱 Opportunities to bet online or on the go

Depending on how you wish to bet on LoL, a mobile app or experience through your mobile browser may prove crucial. When checking out the site banners, you’ll find recommended platforms that allow you to immerse yourself in the LoL betting experience on the go. You may just need to check how stable streams remain.

💡 Knowing how to bet on LoL is where your journey starts

Now you have a basic understanding of betting on League of Legends, it’s time to choose your eSports betting platform and decide which teams and players you’d like to wager on. Be sure to take things slowly – after all, this is a game that’s been around for some time and shows no signs of slowing down any time soon. Once you get started and ease yourself into the process, you’ll soon get to grips with it – be sure to check out some additional LoL betting tips and predictions too, which will enhance your overall experience.

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📖 How to bet on LoL FAQs

🔎 Where can I find out how to bet on League of Legends?

Everything you need to know can be found right here at Jaxon.gg, where I’ve been putting together useful gaming guides, alongside reviews for all the leading eSports betting sites. I’ve got some exclusive promo codes to get you off to the best start too, so don’t miss out.

🧐 Which is the best platform for LoL betting?

Whether you’re wanting to know how to bet on LoL, or the safest and most reputable online platforms offering the chance to wager on game outcomes, I’ve got the full details here at Jaxon.gg. Be sure to check this out before placing your first wager, so you don’t miss out on any exclusive offers!

What are the betting options for League of Legends?

There are a number of ways to approach eSports wagering, but I recommend only choosing safe and reputable betting sites. Here at Jaxon.gg you’ll find everything from an explanation about how to bet on LoL to my recommendations for the best Fortnite betting sites – don’t place any online wagers until you’ve checked this out!

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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