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If you are part of the Nordic region and have an interest in eSports betting, our NordicBet eSports Betting Markets and Odds article will surely be helpful for you in order to maximize your profit.
Here you can gain valuable knowledge about the betting options offered by the company, the margin calculation, and different types of odds available.
NordicBet is one of the best online betting providers, operating mainly in the Scandinavian region. All of the most popular eSports disciplines are covered by the sportsbook. We are referring to the most attractive first-person shooter game, Counter-Strike: Global Offensive; the game with biggest prized funds in the world, DotA 2; the most played eSports discipline, League of Legends; and of course the father of all eSports, StarCraft 2.
The main focus of NordicBet’s eSports betting markets falls on money line bets for the winner of the match. Along with that, some pretty good outright odds are available to pick the winners of biggest CS:GO, LoL, StarCraft 2 and DotA 2 competitions. Last but not least, handicap betting is also waiting for you for chosen eSports matches.
Besides match winner markets, NordicBet is focusing on the players and their individual strengths. Total betting markets are available for the number of kills per player for Counter-Strike: Global Offensive, League of Legends, and DotA 2. On the other hand, you can also bet on some markets referring to the match formats. For example, NordicBet is giving you the chance to pick the correct number of maps for bo3 or bo5 formats. Team A to win at least one map and correct score betting markets are also included for the most prestigious eSports events like the DotA 2 Kiev Major, League of Legends Worlds Finals, and Counter-Strike: GO Majors, etc.
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In the second part of our NordicBet eSports guide we are highlighting the different type of odds available for NordicBet customers. In the following lines, we will make a brief explanation of each kind, along with the example of the odds view and tips of how to calculate it.
Let’s start with the Decimal odds type, which is the default NordicBet odds view and also easiest to explain. Numbers in Decimal odds are always expressed in their numeric form. To calculate your profit, you just need to follow the formula:
To make things even more clear for you, we will use an example from the NordicBet Sportsbook. As you can see, Invictus Gaming is considered as a favorite against Mousesports, regarding the odds offered by NordicBet oddsmakers. Invictus Gaming chances are rated at 1.12, while Mousesports has 5.45.
Using the formula from above, calculation of your profit with a $10 bet looks like:
Bet on Invictus Gaming: 10 x 1.12 = 11.20 ( 10 stake + 1.20 profit)
Bet on mousesports: 10 x 5.45 = 54.5 ( 10 stake + 44.5 profit)
The $44.5 profit is awesome if you decide to bet on the underdog.
Let’s move on to the Fractional view for the same odds.
Fractional odds are also pretty simple to explain. They are the only type expressed by two numbers with a backslash between them. The logic is as follows – the left number is showing you your potential profit, while the right one is for the required bet. In our example, you need to bet $9 on Invictus Gaming for just a one dollar profit. On the other hand, a $5 bet on Mousesports will bring you a massive profit of 22 bucks.
And last but not least are American odds. The easiest way to understand American odds is to use a $100 bet. On paper, these odds are expressed by indicating the return on a 100 unit base figure. As you can see from the example, we have two numbers, one positive and one negative. The positive number (Mousesports) is indicating your potential profit with a $100 bet, while the negative one (Invictus Gaming odds) is for the stake needed in order to win a $100 bucks.
Now that you are familiar with the types of odds offered by NordicBet, the next step is to see how good are they in reality.
To distinguish how good the NordicBet eSports odds are, we will use the sportsbook margin as the main ranking factor. We can calculate it using this simple formula:
Thanks to the Decimal odds view, the calculation will take us only a few seconds. We will use the same example from above, the DotA 2 match between Mousesports and Invictus Gaming.
(1/1.12)*100 + (1/5.45)*100 = 89.28 + 18.34 = 107.62
In other words, the margin in this match is less than 8 percent, which can be considered as one of the best in the eSports area. In the table below, we made a calculation for each discipline offered at NordicBet:
Probably you are asking yourself why we took bookmakers margin as the main factor and why it is so important for odds quality. Professional eSports bettors prefer multiple bets, rather than singles. The higher margin will eat the potential profit and that is bad news for the bettors. You need to remember that the higher the margin is, the poorer the profit is.
NordicBet eSports Review
An attractive €10 eSports Freebet Offer is up for grabs at the NordicBet website. Of course, you can use it for your eSports betting needs. To claim the bonus you just need to deposit at least €10 and place any Sportsbook bet for at least €10. The Free Bet will be instantly credited to your account.
We know how good the Swedish and Danish eSports organization is and the quality of players that they are creating. Because of that, NordicBet’s focus on eSports will be bigger and bigger with every following year. You can easily compare the pros of the company to its competitors. To do that, check the rest of our special sportsbooks betting markets and odds articles.
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