How To Read Overwatch Betting Odds

To get a good grasp of Overwatch predictions and betting, you need to understand how odds work. They are an integral part of any esports and sports bet, and they are used to pinpoint value bets. The potential payout of any bet you place is calculated using the odds and the stake. For this blog, we tackle Overwatch betting odds in detail. Our goal now is to define their function. We also tackle the common formats you’ll encounter in which they can be expressed, and discuss why odds on the same outcome are on a case to case basis between different sportsbooks.

Overwatch Betting Odds

Odds have two primary roles in esports betting: one is used to calculate the payouts of bets, and the second is to give you a glance of the likelihood of any particular outcome happening. Basically, higher odds translate to less chance of winning but with higher payouts. Even odds suggest that your stake has a 50/50 chance of winning. Meanwhile, lower odds hint greater winning chances but with lower payouts.

The principles of Overwatch betting odds are pretty much basic. The only obstruction commonly faced by players are the different odds formats. Typically, a bettor will encounter these three: Moneyline/American odds, Decimal odds, and Fractional odds.

Moneyline/American

Moneyline odds, or American odds, is a format commonly employed in the United States. These are either displayed as a positive or a negative number. The former expresses how much a winning bet of $100 would win, while the latter expresses how much you need to bet in order to win $100. For example, a +110 says that a $100 bet will win you $110. If you encounter a -150, you need to bet $150 to get $100 in winnings.

Decimal

Decimal odds are mostly embraced by sportsbooks in Europe, Canada, and Australia, and slowly became the standard at most sportsbooks. These are expressed simply as a single positive number, typically to two decimal places. For example, a winning bet of 1.5 gives you $1.50 for every $1 bet. A winning bet at 2.25 would reward $2.25 for every $1 bet.

Fractional

As the name suggests, fractional odds are displayed as fractions. Like moneyline odds, fractional odds display how much potential profit your bets can make. To get the potential payout, you have to add your original stake. For example, you encounter 3/1 odds. With that, you can win three units for every one stake, five units for 5/1 odds, and 1/1 is even money. For odds such as 6/3, you can win six units for every three units staked. Remember that whenever the numerator is larger than the denominator, this is recognized as “odds against”, while all odds where the numerator is smaller than the denominator is called “odds on” which is similar to having negative moneyline odds.