WHAT ARE ESPORTS ODDS?
In the world of esports betting, odds play a crucial role. They indicate the likelihood of a specific outcome in an esports match or tournament. Understanding how odds work is essential for making informed betting decisions.
ESPORTS ODDS CALCULATION
Let’s explore how esports betting odds are calculated and learn about the odds available for popular esports titles.
ESPORTS BETTING POPULARITY
Esports betting has become immensely popular over the past decade. It’s now a multi-billion-dollar industry, with top online betting platforms offering both traditional sports markets and esports odds.
USING AN ESPORTS ODDS COMPARISON TOOL
Odds are the key to online betting, determining your potential payout when you win. Utilizing an esports odds comparison tool helps you find bookmakers offering the best odds for the game you want to bet on.
The tool provides odds for various esports tournaments, including CSGO, Dota 2, League of Legends, Valorant, and more. You can find pre-match odds as well as live esports odds, ensuring you make the most informed bets.
ESPORTS ODDS FORMATS
There are three main types of odds formats used in esports betting:
- Moneyline Odds (American Odds): Represented as positive or negative numbers, positive odds indicate potential profit on a $100 wager, while negative odds show the amount needed to bet to win $100.
- Fractional Odds: Common in the UK and displayed as fractions, the numerator represents potential profit, and the denominator indicates the stake amount.
- Decimal Odds: Widely used in Europe, represented as decimal numbers, and include the original stake in the total payout.
ESPORTS WAGERS AND ODDS
Esports betting offers various types of wagers:
- Pre-Match Esports Betting Odds: Bets placed before a match or tournament begins, predicting the outcome.
- Outright/Future Esports Odds: Long-term bets on tournament winners, season champions, or other predictions available well in advance.
- Live Esports Betting Odds: Dynamic in-play markets for ongoing tournaments or matches.
- Proposition Odds: Bets on specific in-game events or outcomes.
- Handicap Odds: Adjusted odds to provide advantages or disadvantages to teams or players.
- Over/Under Odds (Totals): Bets on total scores, rounds, kills, or other in-game benchmarks.
ESPORTS ODDS BY GENRE
Here’s a breakdown of popular esports titles by genre with available betting opportunities:
FPS (First Person Shooter) Esports Betting Odds
- CSGO Odds
- Valorant Odds
- Call of Duty Odds
- Overwatch Odds
- Rainbow Six Odds
- Apex Legends Odds
- Halo Odds
- TF2 Odds
- Crossfire Odds
MOBA (Multiplayer Online Battle Arena) Esports Odds
- Dota Odds
- LoL Odds
- HotS Odds
- Smite Odds
- Vainglory Odds
- Arena of Valor Odds
Sports Simulation Esports Betting Odds
- FIFA Odds
- Rocket League Odds
- Esoccer Odds
- NBA2K Odds
- Madden NFL Odds
RTS (Real-time Strategy) Esports Odds
- Starcraft 2 Odds
- Age of Empires Odds
Collectible Card Game (CCG) Esports Odds
- Hearthstone Odds
- Legends of Runeterra Odds
Battle Royale Esports Odds
- PUBG Odds
- Fortnite Odds
- Free Fire Odds
Mobile Games Esports Odds
- Mobile Legends Odds
- Wild Rift Odds
Fighting Games Esport Odds
- Super Smash Bros Odds
- Tekken Odds
- Mortal Kombat Odds
Other Genres
- MMORPG – WoW Odds
- MMO – World of Tanks Odds
HOW ESPORTS BETTING ODDS ARE CALCULATED
When it comes to esports betting odds, there’s often little difference compared to traditional sports markets. Tracking a live soccer game or following the latest esports scores happens in much the same way, sometimes on the same platforms.
At the highest level, esports betting odds providers rely on sophisticated algorithms fueled by data teams. These algorithms generate betting feeds that betting platform operators offer to bettors for wagering. Odds are computed considering various factors, including team and player performance.
Here’s a simplified explanation of how it works: If a team wins a match and advances in a tournament, their odds for the next game will have slightly lower yields. Additionally, if their opponent is considered weaker based on form or analytics, the odds will be even lower.
ESPORTS MONEY LINE
In betting, the money line predicts the outright winner without a point spread. It involves a handicap based on how much a player must wager or the potential winnings for betting on an underdog team.
For instance, a favorite with -200 odds requires a $200 wager, resulting in a $300 return (original $200 stake + $100 profit). An underdog with +200 odds wins the bettor $200 for every $100 wagered, making it appealing to back underdog teams.
ESPORTS POINT SPREAD
Point spread is a handicap or advantage set by the operator. If the spread is -1.5, the favorite must win by at least two points to cover it. A win by just one point favors the underdog due to the missing half-point.
Esports typically have smaller point spreads due to lower scores, and it’s common to see spreads like -1.5 -130 and +1.5 +110. This means the team must win by more than two points, and the bettor must stake $130 to win $100 profit.
PARLAYS WITH ESPORTS BETTING ODDS
Some bookmakers allow parlays on esports events. To calculate parlay winnings for money lines, multiply the decimal odds on European lines together. Straight point spreads or combinations of money lines and point spreads are paid according to house rules.
LINE SHOPPING IN ESPORTS BETTING
With the growth of betting platforms for esports, line shopping has become more feasible. It involves comparing lines at different sportsbooks to find the best price for the desired team.
In some cases, bettors may find opportunities to bet on both sides of an event, ensuring a scenario where they cannot lose. This is known as arbitrage betting.
BOOSTING ESPORTS ODDS WITH BETTING BONUSES
Most online sportsbooks offering esports odds also provide betting bonuses. These bonuses can come in the form of enhanced odds, deposit boosts, cashback, or free betting credits, and they vary between platforms.
Usually, players need to wager a certain amount to become eligible for the bonus, but it’s always appreciated to get something extra.
