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Support Contact PRO. Other Teams In Organization Click [Show] to the Right. Gambit Esports. United Kingdom. EU Europe. League of Legends also known as League or LoL has taken the world by storm in the last few years.
With that, many bookmakers have taken this boom in LoL esports as an opportunity to provide a plethora of betting options for budding fans to win big on their favourite LoL teams.
This guide will take you through the different LoL esports betting options, the different ways odds are displayed, the basics of the game, and some crucial LoL betting tips.
League of Legends is a complicated game and you need direction when betting on the esport. Because there are a lot you need to know about the game itself, the teams that compete in the plethora of tournaments Riot Games organise, and the sheer amount of LoL betting markets available, here are the best tips we can give you to get you ready for your LoL betting journey!
League of Legends is a complex MOBA Multiplayer Online Battle Arena with many moving parts. Whether you have decided to play or are merely watching YouTube videos to solidify your understanding of League of Legends, it is particularly important to make note and understand the different metas.
Meta is any strategy or method that is considered particularly favoured at the time which is used by the general population of the game.
Meta in League of Legends changes as Riot Games patches heroes so it is wise that you keep checking on patch notes and Reddit forums to stay informed.
Mobalytics publishes patch note breakdowns which will help you understand what these changes mean for the meta.
In order to do well in LoL esports betting, you need to have a solid understanding of not only the different tournaments that Riot Games offers for the game, but also how these tournaments are structured.
Liquipedia is a great tool for those trying to learn and keep up to date with past tournaments, teams, and players as it gives comprehensive information on all regional events and of course, LoL Worlds.
The site is categorised by upcoming, ongoing, and completed matches, as well as sections that delve into players, teams, transfers, statistics, and schedules.
It is better to know a few teams to a high degree than focusing on many teams and tournaments. Honing your focus on a specific tournament and selecting a few teams to focus on will allow you to really understand their strengths and weaknesses, their match styles, how well they do against the other teams, and how well they do generally.
Worlds, LEC, LCS, and LPL are the most popular tournaments for LoL esports so it is worth taking a look at these events and starting your research from there.
The better your understanding is on how these tournaments are structured and the top teams within each of these tournaments, the more specific you can make your wagers, leading to hopefully greater returns.
As well as deciding which teams you want to focus your research on, it is great to follow these teams and the players involved.
You can do this in a number of ways. More so, following a team and its players on Twitch is vital as you can watch them play the game constantly and get a real feel for their playstyle.
Have a watch and keep a close eye on how they play, who their main champions are, and which champions they experiment with. This will aid you greatly if they decide to play out of the ordinary during a match and you can capitalise on that by placing futures and prop bets wagers.
Odds in the esports betting world is a way of presenting implied probability which determines the likelihood of the end betting result.
There are a number of ways that odds are presented, depending on which region you are betting from. The major leagues, notably the LCS, LEC, LCK, and LPL, have a greater audience and thus has more betting markets and better opportunities available for bettors.
We will cover fractional odds, decimal odds, and moneyline odds so you can get a solid and comprehensive understanding of exactly how each odd type expresses probability.
Fractional odds are generally used by bookmakers offering UK based sports and esports markets. These types of betting predictions are relatively simple to read and once you understand how to calculate it, are super easy to comprehend.
The fractions in these types of bets display two things: the favourite and the underdog. To figure out which team the bookmaker believes is the favourite and which team is the underdog, you simply have to take a look at the numbers presented.
If the number of the right is greater than the one of the left, that means that team is considered the favourite and is more likely to win.
In contrast, if the number on the right is smaller than the number on the left then that means the bookmaker believes the team is the underdog.
Let's look at an example of how these odds are presented and how to work out your chance of winning:. To figure out the payout of this example, you need to look at the left and right number.
The left number indicates the amount you will receive if the team wins and the right number shows how much money you would need to wager.
As you can see, these odds are not great and are pretty pointless due to the overwhelming consensus that G2 will win. Understanding how payouts work with fractional odds is vital because it gives you the chance to properly weigh up the risks against potential profits.
Decimal odds are gradually taking over fractional odds in the UK so it is really important to know how to read these too.
Although this type of odds combines your stake and winnings, its presentation is a lot clearer and allows you to quickly figure out if you want to place a specific wager or not.
Alternatively, you can look at the decimal odd itself and the higher the decimal is, the less chance you have to win.
Knowing the percentage of a decimal wagers means you can determine how much payout you will receive from your wager. To do this, you will need to multiply your wager amount by the decimal odds you have placed that wager on.
Note that these calculations combine your wager and your winnings. To figure out your winnings, simply minus your wager from the total payout.
Moneyline odds are the way betting predictions are presented in the US. These bets are presented in respect to and changes based on the probability that a team will win or lose a series.
Because League of Legends and other esports titles are similar to traditional sports in format, competitiveness, and nature, odds do change over time.
We advise you to place bets far in advance of an event as possible if you are placing wagers that do not require live betting options , even if a change within a team can happen and affect that early bet.
As long as you have researched the team and event you are placing your bet on, you will minimise the risk greatly.
As mentioned above, we strongly believe doing solid research and picking a few select teams to bet on is the best way to go to give you the best outcome possible.
The same way you would not bet on a sports team you have never followed or know anything about, you should not do this for LoL betting.
The more you know about the gaming genre and the esports title, the less risk you have in a wager falling flat and the more advanced betting markets you can have fun with.