Understanding the language of odds is pivotal to mastering esports betting. Odds represent the probability of an event occurring and dictate how much you can win from a wager. They come in various formats-decimal, fractional, and American-all tailored to different preferences but fundamentally reflecting the same underlying risk and reward. For example, decimal odds of 2.50 imply that for every $1 wagered, your potential return is $2.50, including the original stake. Meanwhile, American odds might show +150, indicating a $150 profit on a $100 bet, or -200, where you’d need to wager $200 to win $100. Grasping these nuances empowers bettors to spot value bets that offer better returns relative to the risk involved.

When scanning the betting markets, it’s essential to recognize the types of wagers offered, each catering to different strategies and outcomes. Common bet types include:

  • Moneyline: Betting on the outright winner, the simplest and most popular option.
  • Handicap: One team is given a virtual advantage or disadvantage to level the playing field.
  • Totals (Over/Under): Predicting whether the combined score exceeds or falls below a set number.
  • Prop Bets: Focused on specific in-game events, such as first kill or map winner.
Odds Format Example Implied Probability
Decimal 2.50 40%
Fractional 3/2 40%
American +150 40%