In order to be a successful Esports bettor, you need to understand what is value and how to identify value bets in Esports.  But first of all, let’s establish what is value and why is it important in Esports betting? 

What is Value Esports Betting? 

In today’s world, everything has value and the same goes for Esports bets. If you ever talked with more experienced bettors you probably heard them saying something like “I won’t bet on this, there is no value in this bet”. They know which bets aren’t worth it, and therefore, should be avoided. But how do they know that? 

Esports betting value is associated with odds and probability. A value bet is every bet where the odds provided by the bookmaker reflect the probability that is lower than the actual probability of that event to occur. It sounds complicated so let’s simplify it with an example. If there is an event with a 50% probability to occur and the odds are 1,60 it means this bet is not worth it. You need to look for odds higher than 2.00 to find a value bet. In other words, a value bet is every bet with the odds higher than the probability. If you don’t know how to find the relation between odds and probability make sure to check it out here

How to Identify Value Bets? 

You will probably like to avoid betting on events with low value. In order to do so, you need to know how to identify value bets. Calculating the odds and the probability won’t get you anywhere because there are always perfectly balanced. No bookmaker will offer you a perfect value bet.  That’s why you need to calculate your own probability and set your own odds. Make research and set your own probability before looking at the odds. After that, find events with odds higher than probability and bet on them. 

How to Bet on Value in Esports? 

It is important to think in probabilities and not favourites and underdogs. Keep in mind that favourites do not always win. Sometimes the best value bet will be on the underdog team. If there is a good value bet on the underdog team, just go for it. If the odds assigned to the underdog team are above 5.00 and there is a 40% chance for them to win the match, you should always go for it. Sometimes you will lose which is ok as long as you hit 1 out of 5. With a 40% probability, you will probably hit at least 2 or 3 out of 5 which will result in a profit. So, don’t be afraid to place your bets on underdog teams. If the favourites are so good, everyone will just bet on them and profit every time. The aim of value betting is to forget everything you know about betting and just bet on events that have actual value. 

Stay with UpYourGame for more Esports betting related content and tutorials. Also, don’t forget to come back next week to find out something new you did not know about Esports betting. 

Betting on Esports is becoming more popular every day. The Esports betting community is constantly growing and new bettors are joining. If you are one of those new bettors or you are an old one that just wants to know how to increase chances of winning, you are in the right place. Stay tuned to this article and find out how to maximize your profit and increase your overall chances. 

Know The Game Inside Out

Before placing a bet on any Esports game you should first familiarize yourself with that game. The best thing to do is to play the game for at least 50 hours in order to know enough about it. You need to know every aspect of the game before even considering to bet on it. So, bet only on Esports games that you played before and that you fully understand. If you want to expand your betting horizons, try the game first, you can’t be an expert in something by just watching it.  

Specialize in One Field 

After you tried betting on multiple Esports games it is time to put everything on paper. Keep track of your profit and losses and see which game suits you the best. It would be in your interest to neglect other games, forget about them, and focus just on one or two. It is better to be an expert in one field than to know a little bit about everything. If you want to specialize even more you can select just one league and learn about the teams in it. It is just not possible to follow multiple Esports leagues and know everything about them. Instead, settle on one league, use your knowledge to make predictions and enjoy the profit.  

Always Check The Statistics

My college professor used to say: “Statistics don’t lie but liars use statistics.” The importance of this quote lays in the first part, statistics don’t lie. How could they if they are just numbers? With that in mind we shouldn’t be afraid to trust the statistics in Esports betting. That’s why you should always make an in-depth statistical analysis of every match you want to bet on. Take everything into account, from previous head to head duels to map win ratio. The more data you collect, the better your analysis will be. However, don’t blindly trust into this. There are many more things you should look for before your final decision. 

Don’t Settle on Just One Bookmaker 

There are a lot of different Esports betting strategies that we already explained on our blog. We won’t explain them again but each one of them requires you to use multiple bookies and have multiple accounts. If you won’t use any strategy and you want just to bet it is ok. However, having multiple accounts will, once again, be in your favour. Every bookmaker has different offers with different markets and odds. Having a variety of markets will help you make better bets which will increase your overall chances. Also, make sure to always look for the highest odds available to increase your profit as well. Feel free to use our Esports betting filter to find available sites in your area. 

Never Bet on Your Favourite Teams 

I don’t know how many times we said this but there is no place for emotions in the betting world. No matter how much you support your favourite teams, just don’t bet on them! Never place a bet on your favourite team, even if you think your favourite team is going to win. Let’s be honest, we always think our favourite teams are going to win no matter who is the opponent. I personally needed a few years to realize this and I lost a lot of money in the process. However, in the course of the last 2 years, I haven’t placed a single bet on my favourite teams and it increased both my chances and my overall profit.

Don’t get me wrong, you can still support your favourite teams and watch their games. You can even place a little wagger from time to time just to make it more interesting to watch. Those wagers have to be limited to small amounts that won’t affect your balance. Be that as it may, it is better just to avoid betting on them. In the end, it is your decision and your money. Good luck and stay responsible!

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