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What you need to know about eSport Odds
Odds are the prices that you get by placing money or skins on a match or event. Remember, they are the price, not the actual probability. Often, the odds are well priced and reflects the probability in an accurate way. When they aren't, there's a opportunity to find value and place winning bets.
The odds-format differs a bit from region to region. You can read more about the different formats below:
European odds are called decimal odds which tells you what you will get back placing a bet (including your own money).
Example: NiP with odds at 2.1 vs NaVi with odds at 1.7
If you place $10 on NiP to win you will get paid $21 if they win.
Ten of these dollars where your own money to start with so the profit is $11 if you were skilled or lucky enough to win.
United Kingdom use fractional odds, which looks a bit different and only show you what profit you will make with your bet.
Example: NiP with odds at 11/10 vs NaVi with odds at 7/10.
If you place $10 on NiP to win you will get paid 11/10 * your bet = $11.
If you bet on NaVi and they win you get $7.
United States odds are called lines and are either positive or negative. Positive lines / numbers indicate how much profit you make if you bet $100. Negative Numbers indicates how much you must bet to make a $100 profit.
Example: NiP with line at +110 vs NaVi with line -143.
If you place $100 on NiP to win you will make a profit of $110.
To win $100 by betting on NaVi you must place a $143 bet.