Skin betting is a rather controversial topic in the eSports betting industry. It has been a topic of international regulators’ discussions for quite some time now. They’ve tried to put an end to it and even forced Valve to make a stance against them. Still, skin betting lives on because, basically, it has become an essential part of the whole Steam trading experience.
With that being said, millions of gamers from all over the world participate in the skin betting process, one way or another. Whether we’re talking about eSports match betting, casino games, or a good old game of roulette. Skin betting has it all and it’s a highly profitable business to say the least.
So, without further ado, let’s check out what it actually is and how can you make the most profit from it!
What is Skin Betting
Skin betting is a specific type of eSports betting which relies on in-game skins and supporting online marketplaces. The most popular (and most profitable) one is definitely Valve’s Steam marketplace which basically holds the entire skin betting segment.
The 2 most popular eSports titles, as far as skin betting is concerned, are Valve’s CSGO and Dota 2. These are the leading eSports franchises at the moment with active marketplace community. Thousands and thousands of in-game items (so-called skins) are bought and sold on Steam marketplace each day, and a big portion of that goes solely to skin betting.
Best Skin Betting Sites Comparison
Now that you are well familiar with the concept behind skin betting, it’s time to take a closer look at the most popular sites. In other words, this section of our skin betting guide will give you lots of useful information regarding the best skin betting sites out here! After checking out the list we will give you further explanations on how we ranked them. So, let’s not beat around the bushes much longer and get to the topic!
This is where your skin betting sites table goes
How we ranked these websites…
- Skin Value
- The higher the value of your skins on a certain website, the higher your winning pots will be. It is as simple as that!
- Bot Speed
- Bot transactions are a vital part of skin betting and their speed, reliability and responsiveness are equally important too.
- Betting Odds
- No matter what type of skin betting you prefer, betting odds will always be there. All featured sites are known for having only the highest odds so keep that in mind.
- All of our picks for the best skin betting sites are considered as the most popular ones currently available.
How to Earn Money With Skin Betting?
Earning money with skin betting is no easy feat. I’d say it’s nothing simpler than conventional eSports betting on various eSports betting websites. Realistically speaking, the only real difference is the fact one type goes through real money and other goes through in-game skins. Betting principles and everything else remains the same.
What are the most popular Skin Betting eSports Titles?
Skin betting has only squeezed itself with titles that sport online marketplaces for in-game skins. With that said, the 3 most profitable (and popular) are CSGO, Dota 2 and PUBG. The latter still isn’t at the level of CSGO and Dota 2, but there are signs which show it is heading into the right direction.
As we stated above, CSGO, PUBG and Dota 2 are the only top tier skin betting eSports franchises out there. So, why don’t we take a closer look at 2 most popular ones and see what they’re all about:
Counter Strike: Global Offensive (CSGO from now on) is a highly popular FPS game created by Valve. It’s been at the top of the eSports industry for quite some time now and skin betting is flourishing like never before. Even though it has been receiving bot bans, regulation difficulties and all that stuff, CSGO skin betting still lives on. And quite frankly, it looks to be stronger than ever.
- Dota 2
- Dota 2 skin betting, similarly to CSGO, has been popularized by Dota 2 Lounge website. The same website works with CSGo too, with a sympacit name to go alongisde it – CSGO Lounge. The charm of this high learning curve MOBA title doesn’t seem to fade with millions of people still enjoying it worldwide. Skin betting on Dota 2 goes head to head with CSGO as far as popularity goes.
Skin Betting Guide | Do’s and Don’ts
- Explore Your Options
- Never settle for smaller odds. It’s a golden rule of thumb when it comes to all types of real money and skin betting. Explore your options, check out several skin betting guide articles as well as skin betting websites before locking in your choices.
- Track Market Changes
- If you are thinking of making a name for yourself out there in the skin betting industry, tracking market price changes will be at the top of your to-do list. Especially for crates and low quality skins which are an abundant sight to see nowadays.
- Don’t Trust Fishy Skin Betting Sites
- Once again, there are way too many skin betting sites out there. Many of them are of questionable quality so make sure you don’t trust those that look and feel fishy. Trust your gut and stay away from them.
- Don’t Bet Your „Named“ Skins
- Let’s make it a bit broader right off the bat – don’t bet your favorite skins. Especially those you’ve already named. StatTrak falls into this category too so don’t make petty mistakes.
Is Skin Betting Illegal?
Last but not least – let’s talk a bit about the fact whether or not skin betting is an illegal thing. Yes, there are lots of debates going on all over the world but everything is still in that gray zone with no specific regulations or laws protecting either party. So, with that laid on the table, let’s take a closer look to determine whether or not skin betting is actually illegal…. And can you get in trouble if you’re a frequent kin better.
A Gray Zone…
Don’t get me wrong – skin betting is still considered a gray zone and deemed illegal in many countries all across the world. But there are bigger reasons for that than meet the eye at first glance. For one, teenage gambling is having a blast all thanks to skin betting websites. Their level of security and user privacy is (in most cases) non-existent which leads to even more problems with regulators.
However, even if skin betting is illegal in your country, chances are there are no regulating bodies that are enforcing the laws. And that’s just the way it is all over the world. Valve is doing most of the work themselves so it’s not that surprising to see skin betting sites of questionable quality still enjoying themselves out there on the market.
What I’m basically trying to say here is that skin betting is, most of the time, either illegal or in a gray zone. But honestly speaking, if you are not underaged and you are already earning your own bread and butter through hard work, I see no reason why you shouldn’t bet a few skins here and there. After all, they are just cosmetic in-game items.