The most popular kind of odds applied in eSports betting is decimal odds. This is represented as a decimal number and, the higher the number, the slimmer the chances of occurrence. For instance, if the odds for a given team winning over are quoted at 1.50, this signifies that they have a sixty-six point six percent (66.6%) chance of victory.Īnother type of odd that is commonly utilized when placing bets in esports is the fractional odds. This is equivalent to betting that an event will happen, or that it will not occur.
Odds mean the probability of an event occurring that is expressed in figures. They are known as decimal odds, fractional odds, or American odds.
