Online gaming has come a long way these days. Thanks to the internet, people today are able to enjoy casino games online. If you like you can go to the online casino websites and enjoy anything from online Bingo to online slots. People today can enjoy scratch card games and betting games too. And with the innovation of streaming sites for games and the popularity of eSports these days, people can bet on gaming tournaments just like any conventional championships and tournaments.

Types of online betting

Today there are two ways in which you can enjoy betting online – betting with money and betting with skins. Betting with money is just like the conventional form of betting and involves conventional currency and casino games like online Bingo, slots, Blackjack, live table games, sports betting etc. But skin betting is different and involves the new genre of betting which is betting on eSports. Here we are going to discuss cash betting and skin betting to understand the difference between the two!

Cash betting

The cash betting and casino games market online is huge. Today, online casinos offer players with a number of casino games including online Bingo, Video Poker and even online slots. All these crowd favourites aren’t just available they are much more entertaining too with attractive background music and engaging storylines.

Just like conventional betting, online casino games are also about winning through luck and winning through skill. If you consider games like online slots, Bingo, Roulette and scratch cards, etc. that are available with the said websites, it is all about testing your luck. But in case you are fond of playing games like Poker and Blackjack you should have the knowledge and a great amount of skill to win. So online betting caters to both types of players.

Additionally, during popular sporting events like Super Bowl and NFL tournaments betting enthusiasts can avail sports betting services online. The way this works is very simple and almost the same as conventional betting, the only difference being the betting happens online.

The online sports betting also have oddsmakers who set the lines for all the matches. You will have to bet accordingly and if you are able to predict correctly you win while if you don’t you lose. Additionally, there are many aspects of the match on which you can bet. For example, you can bet on who will win, by how much, the final score, the combined score of both the teams, etc. People have a huge variety of options of what to bet and also a huge chance of winning if they have enough knowledge to predict correctly.

Skin betting

Skin betting is very different from cash betting and also has elements that conventional betting enthusiasts aren’t familiar with. The biggest and the most distinguishing element of skin betting is that it doesn’t involve the conventional currency. Rather betting happens with virtual “currency” called skins and the betting is commonly on the currently popular eSports.

Skins refer to the cosmetic upgrade of characters or weapons in games. It should be noted here that the addition of skins just makes the weapon more appealing to the eye but there is no difference in the capabilities or the powers. Currently, thanks to games like CS: GO skins that can be purchased with actual money, transferred to other websites and exchanged or sold or in our case can also be used for betting.

Today, there is game streaming websites like Twitch which helps players stream their games live; this live streaming is a popular source of entertainment and company even host gaming tournaments called eSports.

eSports and skin betting

The concept of skin betting is very simple and the same as sports betting. The only difference here is that the betting happens over the outcome of eSports events and the “currency” used is in-game skins.

Even if you aren’t into eSports betting you can enjoy skin betting. You can use your in-game skins to try your luck with something as simple as online slots. There are special casino websites that allow players to bet skins when playing simple games like slots.