One thing that we all understand is that CS: GO is a team sport and you can bet on a team playing it to win. However, esports betting involves much more than picking the winning team as there are varying odds offered by different bookies. Considering that there are hundreds of teams, lots of confusing odds and dozens of websites that all claim to be the best, you can then see why the whole process can be a bit confusing. The good news is that we have prepared a simple guide that will help you prosper in esports betting.
How CS: GO betting works
Like many newcomers, probably you are looking at the numbers that go with each match and feel intimidated. You do not have to as there is one basic principle: The odds given is a representation of the probability of a particular outcome occurring. If an outcome is less likely to occur, the odds will be lower.
Since no team is inherently equal to the other, this advantage is usually expressed in odds. Many odds are usually showed in decimals as these are easier to understand. For instance, if you wage an amount of $100 on a team with odds of 1.5, it means you can win $150. And whether you want to wager $1 or $100, the principles remain the same. Here are some tips that you need to know before placing your bet on cs go esports betting.
You will win something and lose it
Counter-striking is our first tip. One thing that you need to realize is that it is not possible to win all bets. Bear in mind that there is always an element of risk in betting. Even the professional bettors undergo a losses streak. Be sure to stay within your means, remain sober and remember that volatility is always real.
Research the teams deeply
You will come across various odds on the web. However, these odds are only a representation of what the general public thinks. If you would like to succeed in esport betting, you will need to have an expert opinion on a match. Use your knowledge and experience of a team to determine your inefficiencies in odds and to find the higher value propositions. Some of the factors that you should consider include:
- Consistency/volatility of a team
- Performance in the tournament
- Head to head matchup
Be a match fanatic
If you want to be a professional bettor, you need to also be a match fanatic. Watch enough matches to know how a team plays. You cannot understand how a striker performs under pressure until you watch them play.
Create your own odds and compare
Many successful bettors usually create their own odds by researching extensively on both teams and creating their betting line. Some of the factors to consider include:
- Current form of a team
- Match history
- General stats
- Head to head stat
Do a risk-benefit analysis
Consider whether the potential payout will be worth the risk. Choose wagers that don’t require a lot of investment but the reward is relatively big.
Before you place a bet, make sure that you:
- Understand the teams
- Maintain a sober mind
- Bet what you can afford to lose
- Ignore single comments made on forums that are clearly biased as these are likely to be spam that has been paid to sway the odds
- Keep track of bets
Use this CS: GO advice to stay ahead of many bettors.