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In our TonyBet eSports Betting Markets and Odds article, we are making a detailed analysis of the offered betting options and odds quality at the TonyBet sportsbook. We will also give you information on how to calculate your profit and the bookmaker’s margin.
Last but not least, you can see this margin for each eSports discipline available at the bookie, along with the promotions and bonuses which are waiting for you at the TonyBet website.
TonyBet is an international betting company established back in 2009. The eSports division was opened 4 years later and since then, TonyBet has been providing varied betting markets for the most popular eSports disciplines such as Counter-Strike: Global Offensive, DotA 2, StarCraft 2, and of course, League of Legends.
TonyBet is focusing on the popular money line type of bets, where you can pick a team or a player as a winner in particular match. Besides that, handicap and totals betting are also available for chosen matches. In most of the cases, you can bet on totals related to the number of kills in League of Legends and DotA 2, and number of rounds for Counter-Strike: Global Offensive.
In addition to the traditional eSports betting markets, TonyBet is also giving you the chance to bet on the final outcome of a whole eSports event. The variety of eSports betting markets stops here, but we believe that with the development of the gaming competitive scene, TonyBet will start offering more and more betting options for its eSports customers.
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TonyBet is using one of the most popular types of odds in Europe, the Decimal odds. Compared to American and Fractional types, the Decimal odds view is easiest one to explain. This is due to the fact that odds are expressed in the numeric form of the numbers. To make explanation even more clear, we will use an example from the TonyBet website.
Ahead of us is the Counter-Strike: Global Offensive match between the Mongolz and VG.Reneseanse. As you can see, the odds are 1.50 for Mongolz and 2.40 for their opponents. To calculate the potential profit you need to follow this certain formula:
In our example, we will use a simple $10 bet and the calculations will be:
Bet on The Mongolz: $10 x 1.50 = $15 ($10 bet + $5 clear profit)
Bet on VG.Reneseanse: $10 x 2.40 = $24 ($10 bet + $14 clear profit)
To learn more about different kind of odds, check our special article!
Now let’s check the quality of these odds. To do that, we will use what is called the bookmaker’s margin as the main ranking factor.
We can calculate the bookmaker’s margin by following this simple formula:
Let’s use the same example from above and calculate the margin in that case. Odds were 1.50 for The Mongolz and 2.40 for their rivals from VG.Reneseanse.
(1/1.50)*100 + (1/2.40)*100 = 66.66+ 41.66 = 108.32
(1/1.50)*100 + (1/2.40)*100 = 66.66+ 41.66 = 108.32
The TonyBet margin is 8.32%, which is pretty normal for eSports. To save you a little time, we have made the calculations for rest of TonyBet’s eSports disciplines in the following table:
So why is the bookmaker’s margin so important? Professional eSports bettors often prefer to use multiple bets, rather than the single ones. Because of that, a big sportsbook margin can eat the potential profit for the bettor. This is the reason you should track its size and select companies with a small margin.
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An incredible First Deposit Bonus up to €100 is waiting for you at the TonyBet website. All that you need to do to acquire the bonus is to register a new account, click on the bonus field at your profile settings, and enter the code VICTORY100 after you make your first deposit. The company is quite innovative and open for new features so we are expecting some amazing eSports promotions to be available in the near feature.
TonyBet is one of the best-looking betting sites, and with decent eSports promotions and varied betting markets for most played gaming disciplines, it deserves your choice as a preferred online betting provider for eSports. In addition to all that, you have the opportunity to use a spectacular welcome bonus for your eSports betting needs. So, don’t waste more time and register at TonyBet!
We hope you enjoyed our TonyBet eSports Betting Markets and Odds article! With this additional knowledge we are sure that you will be able to manage your account properly and take advantage of the decent TonyBet odds and betting markets!
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