Dota 2 is a massively popular game and one of the most bet-on games of all times. The game has many events and big tournaments to choose from when looking to bet on it. This is why, today we take a look at Dota 2 betting odds, how they work, and what you can do in order to improve your gameplay and enjoy yourself in the long-run.
We will provide you with a breakdown of what you should know about betting odds and how to make sure that you are having the best experience possible. Learn more about the available Dota 2 odds and what makes some online esports betting sites better than others. Let’s get started.
What Types of Dota 2 Betting Odds Are There
There are generally three main types of Dota 2 betting odds. Each of these types is based more so on personal preference, and you can be 100% certain that no matter how the Dota 2 odds are represented (i.e. what their format is), you will get the same probability of an event occurring.
Here, we will provide you with the three most common formats used by Dota 2 bookmakers to handle and read the odds. Let’s take a closer look.
Decimals
Decimals are perhaps the best type of format for odds and that is what we think. Essentially, these odds are represented in the simplest way possible – as decimals. If the odds say that you have a 2.25 winning on Team Spirit to beat OG, then this means that for every $1 you bet on Team Spirit, you will get back $2.25.
This amount will include the original bet you placed on the team to win – $1, and a $1.25 profit. Let’s take a look at what this actually means. In the simplest terms, this means that Team Spirit are not the most likely winner of the match, at least according to the online bookies. They are willing to give the better chance of winning to OG, but not the better odds.
After all, you want odds that can return a good profit to you, but you also want odds that are actually likely to happen.
Moneylines
Moneylines are the types of odds that are used in the United States. Even then, though, esports fans in North America seem to be more inclined to use decimals it seems. Nevertheless, moneylines are very easy to follow, scale and understand. Basically, what you are doing here is pretty much the same, only a bit different.
To read a moneyline bet of -120 for example, this means that you are betting on the favorite. What the odds are telling you is that you need to bet $120 to win back $100 on a given team to win. A moneyline of -120 is basically a decimal of 1.83 or a fraction of 83/100. We will touch on fractions in a bit.
The implied probability of this happening is around 54.55% so a little more in favor of the team to win even though that team is seen as an underdog. Conversely, if you see odds of +120, this means that you will get $120 for every $100 that you end up betting. The decimal odds equivalent in this case is 2.20.
Fractional
Fractional odds are mostly popular in the United Kingdom, although there are esports bettors who prefer their Dota 2 odds represented this way and there is no shame in this. Basically, the odds are represented as 83/100 and that is called a fraction.
Now, to actually be able to understand how the faction win, what you need to know is that you will be betting the right amount – in this case $100 to win the left amount – $83. This is really how fraction odds work. They are just as elegant and streamlined as decimals to be perfectly fair, although some players may still find decimals to be the better way to read into Dota 2 betting odds in the first place.
What Types of Betting Markets Are There for Dota 2
Now that we have more or less cleared the types of odds that you can actually choose for to bet on Dota 2 games and tournaments, it’s time to take a closer look at what types of markets there are actually and how the odds apply to them. Basically, you can bet on all sorts of Dota 2 betting markets which will make it a lot of fun for people who are looking to place a wager competitively or a little more casually. Let’s have a look at some of the most popular markets as they are.
Match Winner
Match winner is one of the most straightforward types of wager you can be placing. It’s a simple, straightforward type of bet that you simply put on one side and hope to win. In this case, you want to see a team in Dota 2 just winning against the other team. This could be an individual game or a series of games, such as Bo3 or Bo5.
Match winners, though, usually applies for the entire series, which can be Bo1, Bo3, Bo5, or even Bo7 when playing some big tournament and final. The odds for these types of wagers are usually some of the best you can find on the market. Match winners are generally considered a good way to make the most out of your Dota 2 bets, and they are used by novices and more advanced and skilled gamblers alike.
Tournament Winner
Tournament winners are perhaps not the most exciting types of Dota 2 wagers or odds you can find, but they can actually be pretty good. Imagine that it’s the beginning of the new season and see some important change in a team that is an absolute underdog. The odds give that team 12 to win the next International on the decimal.
Then, you realize that the team had just signed up a new roster of great players that you know will have a decent chance. Suddenly even a $10 bet on tournament winner bet very early in the season can bring you a solid 10:1 payout.
Live Bets
Dota 2 players are very picky about what they can bet on, and you can rest assured that they are particular about having the best action brought to them – often in real-time. This is why live Dota 2 betting odds are actually quite important, and live bets are some of the most fun options that you can explore yourself and have a truly great time. This is why odds for live Dota 2 events are among the most sought after by players and they are provided by a number of trusted betting services out there.
While these odds are actually a bit harder to deliver – they change very rapidly and require quick decision making – they are still some of the most rewarding ways to experience Dota 2 betting.
Proposition Bets
Proposition bets and the odds for them are another factor in choosing a site that provides you with what is possible the best Dota 2 fixtures and lines. Basically, you are looking to bet on somewhat interesting events that are not necessarily likely to happen in every game but can offer a solid return if the odds are well-priced.
So, a proposition bet may have to do with whether Team A will kill Roshan by the 10-minute mark, for example. It may also be a bet on which team is going to draw first blood. Dota 2 players are always looking for proposition odds and markets as they allow them to place a few great side bets that can have a very meaningful return if priced adequately.
What Are Some of the Best Dota 2 Betting Sites for Odds
While you probably have a few options already in mind, we have decided to once again offer you a quick breakdown of what esports betting sites offer some of the best odds for Dota 2. You will notice that these are some of the most trusted and reliable betting sites available online. Let’s have a look.
GG.Bet
GG.Bet is one of the most trusted esports bookies. The company recently joined the Esports Integrity Commission and it’s generally considered to be one of the most competitive platforms out there. The website is built to be user-friendly and mobile-friendly, allowing Dota 2 fans to find a variety of options and markets to choose from.
In terms of head-to-head comparison of its odds, GG.Bet is once again one of the top esports betting sites when it comes to Dota 2. The pricing is fair, and it provides you with the opportunity to get some very good value on your wagers.
Bitcasino.io
Bitcasino.io is a great esports betting site and definitely a place where the Dota 2 odds are priced well and in a way that will provide you with value on your wagers. Bitcasino is also an official partner to Evil Geniuses, one of the most prominent competitive organizations in the Dota 2 spaces in North America, which gives you a basic idea of why the esports bookmaker is one of the best places to get some excellent and very competitive odds.
Bitcasino.io provides you with a full and detailed breakdown of the entire competitive Dota 2 season. You will enjoy both pre-game and in-paly bets for all Minors and Majors, as well as The International every year. Bitcasino is a fairly new bookmaker, which means that its odds are often slightly better from what we have seen in the past few months.
Sportsbet.io
Sportsbet.io is a brilliant choice of a Dota 2 betting site especially when you consider the odds you get for the video game. The operator will provide you with both pre-game and in-play wagers and generally cover every type of market that you can imagine for the game. Players are very welcome to explore Dota 2 markets at Sportsbet.io.
Rivalry
Rivalry is a very interesting choice here as the company is one of the major Dota 2 betting sites available online today. The bookmaker is an endemic esports bookmaker, which means that the website was launched with the sole idea of catering to esports players who are keen to bet on some of the most competitive video games out there – including Dota 2.
The website brings you an extensive variety of pre-game and in-play markets for the game and it’s also one of the most competitive bookmaker when it comes to individual odds. Rivalry is known for its fair and often advantageous pricing algorithms which make it a great choice if you are looking for a spot-on Dota 2 betting site to try and bet on. The bookmaker is quick and easy to use and offers competitive odds.
Dota 2 Betting Odds FAQs
Where can I find the best betting odds for Dota 2?
OddsGecko. Hands down, this is the one service that will allow you to quickly filter through all available esports betting odds for Dota 2. This way, you can pick a game and then see what odds are available and by what bookmaker.
You will be able to quickly compare the odds and see if a bookie you are registered with presently offers slightly better odds than the ones you have decided to bet on right now. You can also manually check the best Dota 2 betting sites that Esports Grizzly has reviewed and recommends.
What is the most popular betting site with the best odds Dota 2 odds?
The most popular betting site for Dota 2 betting odds is probably Bitcasino.io. However, this is not the only site out there, and but it’s definitely one of the most consistently rewarding ones when you take a look at the type of odds and their value up close.
Essentially, Bitcasino.io consistently provides bettors with a strong variety of betting options that will make it possible for them to enjoy bets of all types – whether you are betting on a straight-up match winner or participating in live betting on your favorite Dota 2 events.
There are other websites to compare odds with, and not least OddsGecko, which will give you a quick and useful breakdown of all you need to know about the best odds for Dota 2.
Where are the best Dota 2 odds for live betting?
Bitcasino.io and Sportsbet.io. Both betting sites provide you with an outstanding selection of live betting odds for Dota 2, and you will be able to have an extensive coverage of all major events in a live betting setting thanks to the two bookmakers.
The sites are built to be highly-responsive and to provide you with an outstanding selection of games and opportunities when all is said and done. Players who are new to the experience will definitely appreciate how fun and easy it is to play and enjoy Dota 2 odds in real-time.
While this type of betting will take a little more getting used to, the rewards can be quite substantial and therefore absolutely worth your while and time.
What are the best tournament odds to bet on for Dota 2?
The International. The international is usually considered as one of the best events in the industry that will make it possible for you to best on some of the best Dota 2 odds. The reason behind this is that even non-esports bookmakers tend to cover The International.
The tournament awards close to $40 million annually to some of the best Dota 2 players and features dozens of games being played in a short burst of time. There is a lot of annual build up for the event as well, which makes every Minor & Major event, and The International the best Dota 2 betting events to look odds up for.
