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Go and check it by yourself! Here, at CSGO lounge, your betting currency is your game skins.
Just decide what exactly you want to but on bet, and get ready to take the prize. Who knows, maybe later they will upgrade their services and create a special app.
We said it before, but we will repeat once again — you use your game skins as a currency. Just your skins. It has plenty to offer up to avid bettors and skin traders, giving you the chance to utilize virtual coins to continue trading or to experience the esports betting section of its site.
CS:GO esports betting takes prime position at this site — and why not? Even though this is the only game that you can place esports bets on at this site, there are multiple events to participate in.
The platform is entirely dedicated to providing CS:GO options, both in terms of trading and esports betting. As an avid fan of playing the game, this is sure to appeal to you.
This being the case, the only esport that you have the potential for wagering on at this site is:.
Yet CSGO remains as a popular location for esports betting, even without a mass of promotions. A great deal of thanks for this is also down to the fact that trading skins is a possibility.
You will be the recipient of free coins upon becoming a member of the site. These remain as virtual currency but do give you the opportunity to get your first taste of the esports betting options.
Or, if you wish, you can put them towards purchasing other skins from the marketplace. The deposit and withdrawal options of a standard esports betting site usually see them offering up credit cards, e-wallets, and other payment methods.
Instead of transferring money from a card or bank account, you essentially sell skins in the CSGO Lounge marketplace and receive virtual coins for doing so.
Not only were the skins betting websites operating in a grey area, there was also another problem.
Many of the CSGO teams were affiliated with some of the item trading websites, including CSGOLounge and often, teams received direct payments from purchases, especially since some of the stickers represent teams and players.
These stickers can be used for betting, which means that the teams are directly linked to betting on events in which they participate. It was pretty clear that this could have an impact on the game.
In players had to be banned, because it was proven that they participated in match rigging. Namely, players wagered against their opponents using a third-party skin betting site and then lost the match on purpose.
Following the banning of the players, Valve issued a statement in which it was stated that CSGO players, managers and other team staff should not, under any circumstances engage in skin betting, or even be associated with high volume punters.
You can read more about skins, betting with it and other problems in our dedicated page on skins betting. CSGOLounge was, at the time, probably the largest skins betting site and a representative of the site publicly stated that Valve has even provided technical support for their operations.
Another incident soon followed. Two skins betting aficionados created a skins betting website which they marketed on their YouTube and other social media accounts, without disclosing the fact that they own the website.
Game items have been traded online since the early days of the internet and probably thousands of items have been bought and sold over eBay and other similar websites.
It can be said that skin betting became an integral part of the CSGO gaming scene as a whole. The cases contain guns, knives and other items but they can only be unlocked with keys.
Since Valve Steam offers a trading API, third party sites are able to organise large scale betting, and this is basically howskin betting came about.
CSGOLounge was the largest skins betting site. Often, up to 50, punters placed bets on a single CSGO match with the number of wagered items reaching up to , Skin betting is encourages punters to visit the Steam market and buy new items, and it also encourages them to play more so that they could acquire more items.
In other words, skin betting directly contributes to the popularity of the game. Those who defended Valve and the betting sites like CSGOLounge claimed that skins betting is in no way illegal, even in countries where conventional betting is, as there is no currency involved.