Home I eSports I eSports Betting I Part 2 Different Types of eSports Bets
With the growing interest of eSports betting, it is crucial to be familiar with the different types of eSports bets in order to maximize your profit. In the following article, we will make a short analysis of the most commonly used eSports bets. As the famous idiom goes, “the devil is in the details”. Find more details about the different types of eSports bets and specifics in our well-prepared article!
The types of eSports bets do not differ greatly from traditional betting types. Of course the usage of total bets, for example, is quite different for gaming matches compared to traditional sports such as soccer, tennis, basketball, etc. For Counter-Strike: Global Offensive, you can bet on totals on a number of rounds that will be played.
In eSports disciplines like League of Legends and DotA 2, sportsbooks are giving you the chance to bet over/under on the amount of kills in the match. These types of bets are familiar, but their designation is different for eSports.
When talking about different types of eSports bets, we can’t miss the Money Line as the most commonly offered bet, available in every single sportsbook. The explanation is simple:
In these types of bets, you bet on an eSports game on a “match win” market. In money line bets you are choosing which of two teams will win the match. In the following lines you can see hypothetical odds for Virtus.Pro taking over Optic Gaming in a Counter-Strike: Global Offensive match:
Optic Gaming 2.200
In other words, if you bet $100 on Virtus.Pro, the potential return would be $170. This is calculated by using the formula:
Odds x stake = return
1.700 x $100 bet = $170
This number includes your original $100 bet plus the profit of $70 for the total sum of $170.
If you choose to place a $100 bet on the underdog of the match, Optic Gaming, the potential return would be $220.
In another example, Pinnacle offers money line bets for the match between NaVi and HellRaisers. The odds for Natus Vincere are smaller, 1.512, since this team is considered the favorite. So if you bet $1 in their favor, you will receive 51 cents, which is a negligible profit. On the other hand, the same one dollar bet on the HellRaisers will bring you a profit of $1.59 as they are the underdog. Or put another way, the net profit would be 51 when betting on Natus Vincere. That means you would receive 1.51 if you win the bet.
As we already mentioned, money line bets are usually used to pick the winner of a particular match. They also fit if you want to choose the winner of the map, because most of the eSports matches are a Bo3 format. Bo3 format means that the participating teams will play until one of them wins 2 games.
For example, in a Bo3 DotA 2 match between OG and Team Secret, if OG wins the first battle, they will be in lead with 1 to 0. If they manage to win the second one as well, the series ends at 2:0 in favor of the European team. On the other hand, if Team Secret tied the series, they will need to play one more match to distinguish the winner. You can bet on every single map or game of the series with money line bets.
Another type of money line bet is “first to”, in which you need to pick the first team to make a particular action. The “first one to 10 kills” is an example for League of Legends and DotA 2, or “who will take the ECO round” if we are speaking about Counter-Strike: Global Offensive. What does this mean?
Simply explained in the “first one to 10 kills” market, you need to place your bet on which team will make 10 kills before the other. The “ECO round” market of Counter-Strike: Global Offensive is about selecting the winner of the first round on both Counter-Terrorist and Terrorists side, also known as ECO round, because both teams are playing with pistols.
Another type of eSports betting is the handicap bet. Similar to other types of bets, they are offered in almost all of the eSports sportsbooks such as NetBet, Betway, William Hill, BetSafe, Bet 365, and of course, Pinnacle.
Handicap betting is common practice in points-based sports like football, rugby, basketball, and tennis, but it is also great in eSports betting.
A handicap is a numerical figure provided by a sportsbook to a team in order to create a more balanced competition.
Pinnacle shows us how handicap bets work for gaming. In the match between Vega Squadron and Fantastic Five, we have handicap bets in favor of FF, related to the kills in match 1. In other words, Fantastic Five has an advantage of 7.5 kills before the match starts. If you bet on FF and the match ends with 25:15 kills in favor of Vega Squadron, you will lose the bet because even with the advantage of 7.5 the total amount of kills will be 25 against 22 and a half. On the other hand, if the result of kills is 25:20, your handicap bet will be a winner because the total amount will be 25:27,5 for the Fantastic Five.
Another betting option often offered is Total Bets .Total bets allow you to bet on the total points scored by both teams combined. The sportsbook sets a total number of points and you can predict if there will be more or less points scored in total.
For Counter-Strike: Global Offensive, sportsbooks usually offer total bets for the number of map rounds, while for MOBAs like League of Legends and DotA 2, these types of bets are related to a number of kills in the match.
Live Betting is also a very common type of eSports betting. Live betting is a relatively new way to wager on sporting and eSports events and competitions. It also goes by names like in-progress, in-game, or in-running betting or wagering.
How it works is that a game begins with a certain set of odds. But as the game is being played, conditions change, causing the original odds to also change.
For example, the favorite is doing better than what was anticipated. Or maybe the underdog is playing surprisingly well. Whatever the case, live betting allows you to take a stake in a game after it starts. It’s incredibly good for eSports since the teams are almost equal and each team could surprise you.
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