Learn everything about esports odds here at Bitcasino!
In the gaming industry, esports is one of the fastest-growing forms of entertainment. What made the industry flourish even more is the emergence of technology that allowed people to access different kinds of esports. All across the world, people are betting on esports tournaments and teams that allow them to have fun and get plenty of chances to take home hefty profits.
What is esports?
Esports, or also known as electronic sports, is an activity organized by video gaming companies where gamers take part in competitions and participate in tournaments to win massive prizes. Fans from all over the world can witness the matches in real-time through Twitch and Discord. Some of the most popular types of esports are League of Legends, Counter-Strike, Call of Duty, Overwatch and Madden NFL.
Is it time to bet on esports now?
One of the most exciting ways you can enjoy esports is by betting on it. With hundreds of tournaments and leagues, you’ll never run out of odds to place your wagers on. Despite its slow beginnings, esports has gained steady traction in the industry and is now considered one of the most entertaining activities in the world.
Delve into esports betting here at Bitcasino. Our commitment to the gaming industry will ensure that you get the fun, fast and fair experience you deserve. Here at Bitcasino, you can get updated odds on tournaments that will transport you to the immersive world of esports.
What are you waiting for? Place your wagers and experience a thrill like never before when you sign up at Bitcasino!
What are esports odds?
Odds provide the likelihood of winning by providing figures presented in either decimal, fractional or Moneyline form. These odds depict the ratio of the amounts wagered by parties involved in the wager. Depending on the event, there are several outcomes that can take place, as well as two teams involved: either the underdog or favoured team.
Different types of betting odds
Also known as British odds or traditional odds, this type of betting odds is one of the most popular among players. Usually, this type of format is presented with a slash (/) or a hyphen (-). Fractional odds are the most commonly used formats that you will encounter in online casinos. Here’s the formula for fractional odds:
Stake x (numerator/denominator) + stake where: numerator / denominator is the fractional odd.
Also known as European odds, the decimal format of odds in betting are listings common in countries such as Europe, Australia, New Zealand and Canada. When it comes to simplicity, this type of format is easy to wager on because punters can easily spot the underdogs in sports events. Here’s the formula for decimal odds:
Total payout stake = Stake x Decimal Odd Number
Also known as US odds, this format is usually used in countries in the United States. Usually, the odds for this are depicted by a minus (-) sign for the favoured team and a (+) sign for the underdog team.
Different kinds of esports betting at Bitcasino
There are different types of betting types and kinds of odds that can help you make more informed decisions in betting. Here are some of the most common betting types at Bitcasino.
Other esports bets with the best odds
When it comes to esports betting, one of the most important things you should consider is having a diverse set of bets. Being familiar with these can help you shop for more odds that can increase your chances of winning. Here are some of the best esports bets you can encounter:
The first map is one of the most exciting bets you can make for first-person shooter games such as Counter-Strike: Global Offensive. In this type of bet, you simply have to bet on which of the teams will win the first map.
First kill and first blood
Another popular bet you can make for esports is first kill or first blood. In this type of bet, you have to place a wager on which team can make the first kill in the event. Some of the most common esports games for this are LoL and DOTA 2.
Odds and under bets are placed on which team will score more or less of the set amount implemented by the betting site.
Also known as combi-bets, the accumulator bets allows punters to place a wager on the outcome of different esports events. In this type of betting, you can take home more profits if your guess is correct.
In match winner bets, you will place a bet on which team you think will win the match. One thing you can do to maximize this type of betting is look at the match history of the teams participating in the tournament.
Esports events with the best odds
Counter-Strike: Global Offensive (CS:GO)
Counter-Strike: Global Offensive or CSGO is popular for its exciting first-person shooter format. Across the globe, Counter-Strike: Global Offensive has a huge following, mostly players from Sweden.
All the tournaments for CS:GO are organized by the Electronic Sports League and Esports Entertainment. CS:GO Pro League and the ELeague are some of the most attended tournaments of this game. Here are some of the best bets in CS:GO with the best odds:
- Total maps played
- Total number of rounds
- Map winner
- First pistol round winner.
League of Legends
League of Legends is a Multiplayer Online Battle Arena developed and published by Riot Games. Some of its popular tournaments are the League of Legends Championship Series and the League of Legends Korea. Here are some of the bets you can make for LoL with the best odds
- First blood
- First to 10 kills
- Team to destroy the first tower
- Team to slay the first dragon
- What will the first elemental dragon be?
- Team to slay the first baron
- Team to slay the first rift herald
- Team to destroy the first inhibitor.
Defense of the Ancients 2 (DOTA 2)
DOTA 2 is a Multiplayer Online Battle Arena developed by Valve and is the second instalment of the Defense of the Ancients. Many professional players enjoy DOTA 2 because of its modernized visuals and improved features such as loot boxes and battle passes.
In this game, two teams with 5 members each will battle each other in a virtual battle arena. Some of the most popular tournaments for this game are DOTA Major Championship and the International. Here are some of the bets in DOTA 2 with the best bets:
- First blood
- Race to 10 kills
- Team to kill first Roshan.
StarCraft II is popular among esports fans and players from South Korea. In some online betting sites, Starcraft offers a betting option you can place on the nationality of the winner. The Blizzcon, World Cyber Games and the National Electronic Esports Open are some of the most popular tournaments in Starcraft II.
Heroes of the Storm
Released in 2015, Heroes of the Storm is an esports game based on titles such as Warcraft, Diablo and Overwatch. Developed by Blizzard Entertainment, this game is popular for its visually engaging graphics and immersive gameplay. Some of the most popular bets you can make for this game are the winner of the tournament and match winner.