Regardless of the esports match you choose to bet on, one important thing that always comes along with your betting slip is the “odds”. If you’ve been wagering for quite a while now but still can’t figure out how to turn your gameplay into a more profitable one, the answer already lies behind the odds themselves.
So, before anything else, allow us to equip you with the right knowledge for a more calculated bet. Spot value bets and have smarter predictions at Singapore esports betting, and turn your next bet into a big win!
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ToggleWhat are Esports Betting Odds?
Esports odds refer to the likelihood of a certain event in an esports game occurring. Some of the most common ones are: which team is going to win, whether a map will end with a score above a certain limit, or who will be the first to score.
Basically, esports betting odds are a numerical representation of an event during a match. Once you understand how they work, it will help you calculate your potential payout for each washer and gain a better insight into the degree of risk.
If a team has the lowest odds, it means they are the favorites to win, while the team with the highest odds is an underdog with a lesser chance to win but a greater payout if the prediction turns out to be correct. The bookmakers consider various factors like team form, player performance, previous match-ups, and sometimes even the momentum during the live game to come up with these odds.
Understanding Esports Odds: Decimal, Fractional & American
With the most common odds format used in esports betting Singapore, it might seem complicated to understand its concept. But in reality, it can be much simpler when you actually spend time learning.
That’s why in another article at GoPlay711. We’ll make sure to explain its main idea and how to compute one for you next gameplay.
| Odds Format | How to Read | Formula | Best For |
| Decimal Odds | Total return per $1 wagered | Stake x Odds = Payout | Beginners, Singapore, & European Markets |
| Fractional Odds | Profit relative to stake | Denominator / (Denominator + Numerator) | UK Bettors, Horse Racing, & Traditional Betting |
| American Odds | The plus (+) sign represents how you could win from $100. While the negative (-) sign is the stake needed to win $100. | Profit - (Stake x Odds) / 100 | US Bettors, and a Straightforward view of risk and rewards bets |
How to Calculate Decimal Odds in Esports Betting?
Among all three odds formats, the most common one you’ll encounter in online sportsbooks Singapore is decimal odds. So before you place your bet, let’s first make sure that you understand them and how to do your own calculation.
Once you know how to read and compute decimal odds, you’ll have a clearer edge in planning smarter wagers on your favorite esports matches.
To begin, decimal odds simply represent the amount that bettors could win for every $1 wagered and the total payout rather than just the profit.
Suppose there’s a match between Team Liquid and Evil Geniuses. Here’s how you can calculate its odds.
If the SGD 100 is placed on Team Liquid at 2.40 odds, then the total amount that will be paid out if they win is calculated as follows:
Stake × Odds = Payout, so 100 × 2.40 = SGD 240, out of which SGD 100 is the original stake that is refunded to the bettor.
The SGD 100 bet for the underdog, Evil Geniuses at 1.60, would return SGD 160 upon their win (100 × 1.60 = 160)—thus, the net profit would be SGD 60.
By understanding this, you’ll gain better insights into the potential returns of your profit and the risk that comes along with it.
Always remember, the higher the decimal odds, the less likely the event to happen, and vice versa.
Which Sportsbook Has the Best Esports Betting Odds?
Now, to give you a more convenient betting experience, this article will also cover the sportsbook you can bet on, where only the most competitive esports odds in the market await you!
And that would be none other here at 711 Online Casino! The main reason is all thanks to their competitive odds across their featured esports tournaments.
Offering fair and transparent odds on popular games like Dota 2, League of Legends, and CS2 GoPlay711 unlike the many platforms that impose high margins, aims to supply the players with the best value possible.
With its easy-to-use interface, safe online betting, and live esports coverage, GoPlay711 turns every bet into an exciting experience that is also more profitable for both casual and professional players.
We also have a related article on how esports betting works, to give you a more informed betting perspective.
Frequently Asked Questions
How to win esports betting?
The most important and proven esports betting tips are to always do your research and back your decision with data. Although there’s no guaranteed winnings in esports gambling, they can increase your chances of winning and are much better than just relying on your luck.
What are the best esports games for betting odds value?
You can consider popular esports titles such as Dota 2, C2S, League of Legends, and Mobile Legends for the best competitive odds in the market. Games with established competitive scenes typically have more accurate odds, while emerging titles may present value opportunities for informed bettors.
How do bookmakers calculate esports odds?
Online sportsbook Singapore is based on a variety of factors, from an expert’s insights, players' previous performance, to a video game’s current path. By considering these things, you can better analyze a match for the most likely odds.
