Skin betting is a form of gambling that has been in the industry for quite some time, and while CS:GO skin betting is the most popular, other esports titles also allow players to trade in skins. These include Dota 2 skins betting and PUBG skin betting. This guide will discuss everything you need to know about skin betting and whether it is worth trying out.
Top Esports Betting Sites For CSGO, Dota 2, PUBG
What is Skin Betting?
Skins are digital objects in a game that helps change the visual outlook of the player. This skin can be used on the player themselves or on their weapons. While skins do not enhance the player’s abilities, they improve your aesthetics and visual appearance. Having lavish skins makes you stand out from the rest, and more players are invested in the attention one gets from the top-range skins and are constantly competing to get the best skin in the market. This has highly contributed to the popularity of the skin gambling industry, where players with rare skins can exchange them for cash.
How to do Skin Betting?
For new players betting with skins may sound unrealistic, and rightfully so since not many esports betting sites offer this option. Although skins are mainly used for cosmetic purposes, betting on skins makes more sense when you look at them based on their value. Ideally, skins can be compared to casino chips where they do not have value outside the casinos, but they are valuable in the casino as you can exchange them for cash.
Based on the same concept, skins can be traded between players and also through an exchange platform. These exchange sites act like skin betting sites for people with skin. Notably, you can spin the slots on these sites, play the roulette, be part of a blackjack table, or play poker. In this case, your skin will be the deposit.
You can also deposit your skin with online sportsbooks, online lotteries, and even esports coinflip platforms. As long as you exchange your skins with the site, you can start gambling. If you are lucky to win at whichever game you were playing, you are rewarded with more skins which other players you were competing with had placed. With these additional skins, you have the option to;
- Add them to your inventory
- Use them to upgrade the aesthetics of your equipment and weapons
- Trade them with other players who have valuable skins
- Sell them on Steam to get Steam credit
- Exchange them for money at third party websites
How to Get Skins
Valve initially introduced skin to offer a tactical advance for players where they were used for camouflage purposes and give them an attacking advantage. However, the interest in the skins quickly shifted to extremely colorful and bold skins. Currently, the skins are used to draw attention to the player, and the guns have also shifted from realistic to paintball gun style with bold shiny colors.
But how can you get these skins? Games that have skin betting options usually have some kind of skins system. There are various ways that you can acquire skin; for example, in CS:GO, players earn skin through;
Playing the Games
Gold Pick'Em Coins are going out for those eligible: pic.twitter.com/qVfieEdHMJ
— CS:GO (@CSGO) November 5, 2021
With games such as CS:GO, you can collect skins and items after a match, usually in loot boxes. These skins have varying rarity levels, and the higher you progress in the game, the rare certain skins become, which increases their value when it comes to trading them.
During Promotion Periods
As you progress from one level to the next, there are often skins offered as rewards. These offers can also be available after completing a particular achievement, and these often have the lowest rarity and are not the most valuable in the exchange market.
Games such as League of Legends have a shop where players can buy skins and other items. However, the in-game shops often have a limited variety. In most cases, the games rotate the skins available, especially during holidays and on special occasions. In esports titles such as PlayerUnkown’s Battlegrounds, you can buy coins and games items at a considerably low price. For example, with $0.99, you can get 100 G-coins.
Through Trading with Other Players
In Dota 2 and CS:GO, players can exchange skins directly from their account to the other player’s inventory. With this option, you can either exchange skins or send them as gifts. This is an excellent exchange option where you always lead out items that do not meet your preferences and vice versa.
Sell on Steam Market
I had no idea Steam had a market place to sell random inventory stuff. So I decided to put up a few random items 😛 pic.twitter.com/NI5IHyEQQv
— 💻 Barnacules Nerdgasm 🖥 (@Barnacules) January 29, 2016
Players can exchange their skins on Steam for Steam credits with games such as CS:GO, where there is no in-game shop. Exchanging Skin on Steam Marketplace is not as popular as third-party sites due to the 15% cut that Valve takes from an exchange involving CSGO and Dota 2.
Exchanging on Third-Party Websites
This is the most common skins exchange option where you can trade-in your skin for real money. While these skin sites also cut a certain amount from the total price, it is not as high as Valve. In most cases, this commission fee ranges from 7% to 10%. Popular skin exchange sites include CSGO Empire, Farmskins, and WTFSkins.
Is Skin Betting Legal?
Skin betting lies in the legal grey area where it depends on the regulation of your country. However, skin betting can generally be said to be in a legal vacuum since there is no actual currency involved that could be given a particular value. Skin betting works similarly to NFT esports betting where users buy digital pieces and the prices are determined by the rarity of the product among other factors. This is why many skins betting sites are operational, even in countries where gambling is restricted. To be safe, we would highly recommend you check the reputation of your preferred skin betting sites.
CSGO Skin Betting
— h2o (@CsgoH2o) August 31, 2021
CSGO skin betting is the most popular, attributed to the fact that CSGO skins have become something more than just an aesthetic addition. Other factors include the rarity of valuable skins and also the wide visual variety. With CS:GO skin betting, the currency involves CSGO cosmetic-weapon skins, gloves, knives, spray tags, weapon cases, and stickers. If you have skins in your Steam Inventory, you can easily transfer them to your preferred skin betting site and bet with them.
Top CSGO Skin Betting Sites
There are many third-party websites For CS:GO skin betting. However, before signing at such sites, be sure to check their reviews and credibility. Our top recommendable CSGO skin betting sites include; CSGO Empire, CSGOFast, and Farmskins.
CSGOFast is another popular skin betting site that has been around for over five years. They are known to offer an impressive range of skin inventory. The site is SSL encrypted to ensure your safety, and you can take advantage of the free spin-up bonus and other freebies on offer. CSGOFast also has many unique game modes to choose from, including Player versus Player (PvP), Player versus Environment (PvE), and Solo Player versus Environment. Visit CSGOFast here.
Farmskins is a renowned CSGO case opening site with an incredibly colossal inventory and is endorsed by top streamers. The website has a modern design with a clean layout, making it easy to locate what you are looking for. The site is dedicated to CSGO entirely, and as such, you are sure to find good service for CSGO skin trade, including item betting and case opening. Visit Farmskins here.
Dota 2 Skin Betting
— Reddit Dota 2 (@redditdota2) January 29, 2019
Dota 2 is another popular esports title that allows you to bet on skins and other variable virtual items. You can get Dota2 skins by buying them in-game or acquiring them through the item drop system. There are several websites that support DOTA skins gambling as long as you have a Steam account. There is also an option to buy or trade your Dota 2 skins on the Steam Community Market.
The Best Dota 2 Skin Betting Sites
— Ruben Oliveira (@RubenOl79598758) November 3, 2021
This is a recommendable site to players looking to trade in their Dota 2 and CSGO skins. They have an extremely active player base, and the site runs on a secure SSL encryption system that guarantees the safety of your personal and banking details. The two main games you can play using Dota 2 skins include Dota 2 Jackpot and Dota 2 Coinflip. Check out SkinBet here.
WTFSkins is another trustworthy skin betting site that features an impressive range of games that you can wager using Dota 2 skins. Here, you will also find a huge and active community that highly influences the size of the jackpot prizes. They have been in operation since 2017 and have a massive selection of instantly tradable items. Apart from jackpot games, other games you can wager on include Crash and Roulette. Visit WTFSkins here.
PUBG Skin Betting
Lots of skins up for grabs in the new Drop In Challenge. Just login to #PUBG daily starting from Dec 1 through 15
3 new crates with new and old skins;
•Shrewd Crate pic.twitter.com/0jlXOPztr1
— Survivor PUBG (@SurvivorNumber1) December 1, 2021
You can obtain cosmetic skins and inventory items by opening PUBG cases. These cases can be bought for Battle Points. Currently, the only type of cosmetic item available in PUBG is clothing skins. You can use the PUBG skins in PUBG roulette, PUBG coinflip, PUBG jackpot, and PUBG case opening. However, the PUBG roulette is the most common game you will find on sites that accept PUBG skins.
The Best PUBG Skin Betting Sites
VP with some really cool crafts pic.twitter.com/oUxH9sofXy
— BitSkins.com (@BitSkinsCom) November 4, 2021
This is probably the largest skin marketplace in the industry where they accept PUBG skins, Dota 2, and CSGO. It has been in operation since 2015 and has a reasonable number of games supported, including coinflip and roulette. Unfortunately, you will have to part with a 10% selling fee.
The site is dedicated to PUBG, but they also accept Dota 2 and CSGO skins. They offer an impressive range of games, including roulette, blackjack, coin flip, and jackpot. The site is SSL encrypted. Check out PUBGbets here.
How to Convert Skins into Real Money
You can sell your most valuable skins for real cash at the Steam Community market or at third-party skin betting sites. While the Steam Community Market is the most reliable and safe option, the commissions’ fees are pretty hefty compared to exchange sites. However, not all third-party sites are legit, and it is we would highly advise doing your due diligence before settling for a specific skin exchange website.
Different skins have varying values, and the rare the skin, the higher the price. However, before making a purchase, be sure to compare the prices on various sites to avoid buying overpriced skins. Also, if you have low-value skin, you can opt to wager it at skin gambling sites, and if you win, you could land a higher valuable skin without parting with huge amounts.
The Best Alternatives to Skin Betting
While skin betting for real money may be an exciting option for some players, it is not for everyone. If you prefer watching and supporting CS: GO, Dota 2, or PUBG teams, then the best option is betting on live tournaments. Luckily, there are many licensed esports betting sites that feature events of these esports titles. These bookies also offer numerous betting markets, and with the esports betting sites mentioned below, you will find impressive odds and diverse gambling options. Also, check out the top five recommendable betting sites for CSGO, Dota 2, and PUBG, which include Rivalry, GG.Bet, and Pinnacle Esports.
Rivalry top our list of the best esports betting sites for major esports titles such as CSGO and Dota 2. They offer competitive odds on major events, and you will also find many betting markets depending on the game you are interested in. The platform is licensed by the Isle of Man Gambling Supervision Commission, and they use SSL encryption to ensure that your personal and financial details are secure. There is also a live streaming option which makes CSGO betting and Dota 2 betting more fun.
GG.Bet is another incredible esports bookie for Dota 2 betting, League of Legends betting, and PUBG betting. They have a wide range of esports titles, and their odds are favorable, which gives value to your winning bets. The platform is licensed by the Government of Curacao, and there are dozens of betting markets you can bet on depending on the esports title you choose. There are welcome bonuses for new players, and the live streaming option comes in handy for in-game bets.
Pinnacle Esports features an impressive range of esports titles, including CS:GO, Dota 2, King of Glory, and Call of Duty. Compared to other esports betting sites, the odds at pinnacle are highly competitive, and you can live stream the matches on the site. They are licensed by MGA and Curacao eGaming, and the site uses 128-bit SSL encryption to protect all your personal information.
Skin Betting FAQs
Which are the best betting sites for CSGO, Dota 2, and PUBG?
How can I sell a CSGO skin?
As long as you have a Steam account, you can sell your CS:GO skin on the Steam Community market and other third-party websites with a market base.
Is skin betting legal?
The legal policy of skin gambling lies in the grey area, and it also depends on the gambling laws and regulations in your country. There have also been many controversies in the past regarding the legality of skin betting. Still, since the players do not wager, win, or lose real money, this form of gambling could be said to be operating in a legal vacuum.
What are the most popular games for skin and item betting?
Top esports games that allow for skin betting include Dota 2, CS:GO, and PUBG.
How much do skins cost?
The prices of either CSGO skins, PUBG skins, or Dota 2 skins depend on the rarity. The more rare and uncommon a skin or item is, the more expensive it is.
Esports Betting Pro: Our Verdict
Unlike conventional online gambling, where wagers are placed using currency, skin betting allows players to place bets using in-game cosmetics such as skins and inventory items. With PUBG, CSGO, and Dota 2 skins, you can gamble on skin gambling sites where you can play games such as esports roulette, coinflip, and jackpots. You can also trade your valuable skin for real money on Steam Community Markets or on third-party websites.
While skin betting is popular among millennial punters, some players prefer betting on actual esports events. Check out our list of recommendable esports betting sites where you can find numerous betting markets on CSGO, PUBG, and Dota 2 actual events.