The most popular Esports odds today

Online betting has become an entertainment trend for many people. In addition to sports/casino betting, we can now also bet on Esports. Just like traditional forms of betting, Esports betting has a fairly simple gameplay and rules. They are even more time-efficient than regular bets. To win, you need to know the factors involved. The odds are one of them and it is considered the most important part. So what are Esports odds? What kind of odds are there now? Let’s find out with expert Wintips right here.

What are Esports odds?

In essence, Esports betting are ratios that represent the probability of a particular outcome. Of course, this is not an infallible measure: first of all, it is the opinion of the bookmaker. Bookmakers place odds based on thorough statistical analysis of previous Esports competitions. Looking at the odds, you can immediately tell what the bookmaker thinks the likelihood of each event in a game is. The higher the odds, the greater the profit when betting on real money Esports.

Esports betting are one of the fundamental factors in Esports betting. The key factor that constitutes the odds in Esports, is the expected value.

What is the expected value?

The expected value (EV) helps to know if the bookmaker offers reasonable Esports odds. It represents a return from a bet. Bettors use this number to compare the odds offered by different bookmakers and find out where the bet will yield the highest winnings.

In Esports betting, the expected value is calculated by multiplying the likelihood of winning by the total amount that can be won minus the likelihood of losing multiplied by the amount that can be lost when a bet is placed.

Formula for calculating EV: EV = (probability of winning) x (profit if winning) – (probability of losing) x (bet).

Types of Esports odds today

1/ Decimal odds

Decimal odds are one of the most common types of bookmaker odds. They are commonly used by Canadian Esports betting sites. If you go to an online bookmaker to bet on PUBG, then you will most likely see Esports betting odds displayed as decimals. Decimal odds are applicable to just about anything in the world of Esports.

For example: If you bet £10 on Team Dignitas to win the Global Loot League in PUBG at odds of 7.00, then you will get £70 back including your initial stake. And if you bet £5 on Optic Gaming to win their Dota 2 ROG Masters challenge at odds of 3.00, then you will receive £15 including your initial bet. So, the larger the decimal, the more the bookmaker is willing to pay for that betting outcome. However, it goes without saying that these outside bets are considered less likely, which is why this is always a risky betting strategy.

2/ Fractional odds

Bookmakers have been using Fractional odds the longest compared to other types of odds. They are most commonly found when using Australian Esports betting sites. There are two types of fractional odds – UK and Hong Kong. They differ slightly in their representatives.

UK: Used by UK Esports betting sites, British fractional Esports odds have two numbers divided by a slash. The number on the right represents the stake, while the number on the left represents the potential profit.

Hong Kong: Even odds in this system are indicated by “1”. If the odds are below 1, that signifies a higher probability of an event and vice versa. Therefore, if the odds of a team are 0.35, then that team is considered stronger – the more favored team.

Moneyline (USA): Used by US Esports betting sites, American odds or Moneyline are expressed in two ways. Before some there may be a “+” or “-” sign. There is a significant difference between the two types of Esports odds.

• Positive number odds: Adding a “+” sign before a number signifies that the probability of an event is low or that the team is considered the weaker team with a significantly lower chance of winning the match.
• Negative number odds: If American Esports odds have a “-” before the number, it means that team has a higher chance of winning the match.

3/ Pint spread bet odds

Spread bets on points or handicaps are advantages given by sportsbooks to the weak team before the match. It is done to balance the odds of both teams when one team falls behind. It makes the betting process more enjoyable and appeals to gamblers because the odds are, in this case, higher for the losers.

4/ Over/under (total) bet odds

Total betting odds are used for the total bet type and are expressed by American odds. They are set at -110, meaning you will risk 1.10$ to win 1$. Therefore, to win 100$, you need to bet 110$.

Differences Between Esports odds

Unlike traditional betting markets, live Esports betting allows bettors to place money while matches are still in progress. The odds offered for this type of betting are called esports live odds. The main feature that distinguishes them from standard odds is their versatility. They vary according to the performance of the teams in an ongoing match. All changes in odds will be reflected in the bet slip. Different betting markets are closed and opened in the process. Therefore, one needs to pay attention so as not to miss the opportunity to make profitable bets.

Factors that affect changing odds

A lot of factors need to be considered when calculating 3sports odds. Betting trends and tendencies, views of 3sports analysts, statistical analysis of previous teams’ performances, and odds given by other bookmakers are just a few factors.

1/Betting trends

Betting tendencies are certain beliefs or a series of behaviors common during betting time. For example, specific betting markets may be more popular than others. Or, a new Esports title could become popular, prompting bookmakers to create more betting options for this game with more attractive odds. Esports odds providers should take this information into account.

2/ Competitors

Another thing that betting sites consider when presenting odds is the value of the odds on other bookmakers’ sites. There are various Esports odds providers; However, the difference in odds value is negligible as they all try to remain relevant and attract more gamblers.

3/ Match history

The prevailing trends of the Esports industry are not the only factors influencing the variability of Esports odds. Past performances and the history of teams and players are also considered. Statistical analysis of results achieved in previous competitions is considered when deciding the weaker team and the preferred team for each match played in a tournament.

5 bookmakers with the best Esports odds

1/ Stake.com

Stake is an Australian-based fintech startup offering commission-free securities trading, regulated by “Australian Securities and Investment (ASIC)” and FCA. Staking offers free stock and ETF trading in the US market. The account opening process is completely online and fast. The trading platforms are user-friendly and well-designed. It is a good choice for beginner investors.

On the negative side, staking only offers stocks and ETFs limited to the US market. The provision of the customer service channel is substandard. We missed out on educational tools and materials to help clients better understand the capital markets and trading. Wintips gave Stake a rating of 4.5/5 based on an analysis of 500+ criteria and testing through the opening of an esports betting account.

2/ W88

W88 bookmaker is a reputable betting site that is always in the top 3 largest bookmakers in Asian voted by the betting community. With high safety, security and good service quality, W88 is gradually becoming the leading bookmaker in the world market.

Casino W88 was established by MARQUEE HOLDINGS LTD and licensed by the famous betting organization PAGCOR, with a representative office in the country of the Philippines. With a long history of operation in the online entertainment industry, W88 online betting site always brings the best betting services to customers.

3/ M88

Mansion88 betting site or M88 is a popular bookmaker address not only in Asia but also in Europe with the image of a standard reputable bookmaker through 15 years of operation in the field of online betting. M88 has been in operation since 2003, licensed by PAGCOR and operated under strict supervision by the Philippine government and several other countries.

Website M88 bookmaker offers a variety and a full range of popular products on the market such as sports betting, online casino, slots games and top attractive games. In addition to the prestigious betting address, M88 is also an important sponsor of some big teams such as Manchester City 2011/12, Crystal Palace 2015/17 and AFC Bournemouth 2016/20.

4/ BETWAY

Online Casino BETWAY, a bookmaker brand specializing in providing the leading online betting products on the market today, is loved by a large number of players, not only in Asian but almost everywhere it has passed. In the beginning, Betway.com was actually just a small-scale casino established in Malta in the UK in 2006 specializing in enthusiastic players at that time.

Leading licensing authorities in Europe such as the UK Gambling Commission and Malta Gaming Authority, 2 names that are not too strange in the top entertainment and gambling management circles in the world today.

5/ FB88

The FB88 is the bookmaker ratings in Asia and one of the reputable betting sites trusted and chosen by many players. Fb88 bookmaker is legally licensed by the General Administration of Entertainment and Gaming in the Philippines (PAGCOR), operating for more than 5 years in many countries around the world. FB88 homepages are known to players by many other names such as FB88max, FB88 tv, FB88you, FB88go, FB88 vaobocom,…. However, to avoid visiting fraudulent sites, we recommend that you visit FB88 bookmaker links at vaobo.com to ensure the safest and most accurate.

FB88 was born to meet the growing demand for online betting in the world, providing a variety of betting forms such as football, cards, eSports, Lottery, Slots and many other interesting betting platforms for customers. Bringing the best experience to new bettors as well as veteran bettors.

Conclude

Above is all relevant information about the Esports odds that you need to hold. Try to memorize and perform them masterfully to become a master soon. There are many other good and attractive content on Wintips. Hope you will take the time to learn and refer to more. Thanks for your interest.

See also: Esports bonus from reputable bookmakers 2023