Well, if you have ever placed bets on sports such as football, tennis, horse racing, and golf, then you already have a hint about how eSports betting works. In fact, betting on eSports is very much similar to gambling on regular sports. In both instances, you need to know the form, style of play, and tactics of the teams.
It is this knowledge that will determine how you place your bets. However, don't forget that luck plays a role. Each eSports game is attached to a tournament, where you can place any of the various bet types, including the overall winner.