CSGO Betting Odds – Why Are They So Important?

Home » CSGO Betting Odds – Why Are They So Important?

If you want to have success while betting on CSGO, then finding the best odds on the market should be your main priority. Here, you will find out where to find the highest CSGO betting odds, what type of odds are available so don’t miss out.

*if you don’t know much about CSGO odds or CSGO betting in general, then I’d like to invite you to go through my CSGO betting for beginners guide.

What Are CSGO Betting Odds?

CSGO betting odds represent a chance of winning. In order to not show you the percentages, CSGO betting sites put in place different types of odds such as decimal, fractional or American. In order to be a successful punter, you need to find value in CSGO odds. If you don’t know how to do that, let me help you out with an example.

Odds should be looked at as value. Basically, the higher the odds, the better the potential reward. In order for you to better understand how this works, here’s a simple example. Let’s say you placed five bets at the highest odds on the market. For the sake of this example, we’ll say that you’ve signed up for an account with two CSGO betting sites and your usual stake per match is 100€.

1st bet odds: site 1 = 2.00, site 2 = 2.20
2nd bet odds: site 1 = 2.10, site 2 = 1.80
3rd bet odds: site 1 = 1.85, site 2 = 2.20
4th bet odds: site 1 = 2.20, site 2 = 2.50
5th bet odds: site 1 = 2.90, site 2 = 2.50

If you placed bets on site 1, you can earn 650€. On the other hand, if you place bets on the second site, you can win a total of 620€. In the end, if you combine the highest odds these two sites offer, you can win a total of 890€. The question here is, why would you miss out on extra money when you know that betting isn’t cheap and that it’s hard to profit while betting?

Some punters will say that their bankroll isn’t that high to mix things up with various operators, but this is where you’re wrong. In my CSGO Bitcoin betting piece, I talked about how easy it is to transfer funds from one betting site to another. On top of that, you’ll find a list of the best CSGO betting sites that accept Bitcoin and other cryptocurrencies.

Where to Find the Best CSGO Betting Odds?

Finding the best CSGO betting odds is a burning topic in the world of CSGO betting. The truth is, you will never enjoy the highest CSGO odds on one operator, and don’t let anyone tell you that this isn’t true. Speaking from experience, I’d advise you to have several accounts and simply shop for the highest odds available. Below, you can find a list of operators that often offer the best CSGO betting odds on the market.

CSGO Betting Sites That Offer the Best Odds
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5.0 rating
Welcome Bonus:
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5.0 rating
Welcome Bonus:
30€ in Free Bets
T&Cs apply.

GG.bet CSGO Odds

gg.bet csgo odds

In most scenarios, GG.bet is going to be your go-to betting site for the best CSGO odds on the market. Alongside high odds, this operator will hook you up with a variety of CSGO special bets and three types of betting(pre-match, live/in-play, and outright options).

Alongside GG.bet CSGO odds, you’ll find that there are 15 different esports available. Even though CSGO bets are most common here, this operator doesn’t shy away from offering a high amount of betting markets for Dota 2, LoL, and other esports. Last but not least, Bitcoin betting is an option here accompanied by other payment methods such as credit cards, eWallets, SIM payments, and pre-paid cards. If you want to find more information about this bookie, make sure you read my GG.bet review.

LOOT.bet CSGO Odds

Here’s another solid operator for your CSGO bets. LOOT.bet CSGO odds are competitive and you’ll end up placing bets here more often than not. From my point of view, LOOT.bet has by far the best promotions on the market. Every tournament comes with special promotions such as deposit bonuses, free bets, etc. It’s also important to mention that you can compete in a “ladder” competition where you can win various prizes such as iPhone, gaming gear, etc.

Even though LOOT.bet doesn’t cover all esports, you’ll still find that the most popular ones are available for betting. On top of that, three betting options are waiting for you. Bear in mind that a solid number of special bets is also available here.

Last but not least, cryptocurrencies are accepted here which means that you can shuffle from one betting site to another fast. All in all, LOOT.bet CSGO odds are competitive and this can be a safe haven for your bets. For more info about this bookie, read my LOOT.bet review.

Betway CSGO Odds

betway csgo odds

There is no denying that Betway is one of the most popular operators on the market. This raise a lot of questions starting with how good Betway CSGO odds are? Since I’ve tested all of these sites personally, I can freely tell you that Betway is an excellent choice if you want to enjoy high odds.

Alongside high Betway CSGO odds, there are also various esports to bet on. Betting markets are also available for CSGO, Dota 2, LoL and other popular esports. If you’re a fan of live betting, then you’ll be glad to know that Betway offers in-play betting + live streams.

Sadly, Betway is the only operator from our list that doesn’t offer cryptocurrency payments. However, you’ll enjoy low minimum deposits with credit cards, eWallets, and pre-paid cards. This operator ticks a lot of boxes for millions all over the globe. To find more information about this bookie, read my Betway review.

Types of CSGO Betting Odds

As mentioned in the introduction, odds are nothing else but percentages. However, betting sites use three types of CSGO betting odds. Below, I’ll break them all down for you and provide you with an example. Let’s get straight into it.

Fractional Odds Explained

By scanning through the case studies, I realized that fractional odds are commonly used throughout the world. If you don’t know how these work, worry not. Understanding fractional odds is simple. The second number represents your stake while the first number represents the profit you can get from that stake. It’s important to mention that certain sites use -(minus) while others use /(slash) for fractional odds.

Fractional Odds Example: Fractional odds on Astralis to defeat Cloud9 are 1/2. On the other hand, odds on Cloud9 to beat Astralis are 5/1. For every 100€ wagered on Astralis, you can win 50€. On the other hand, for every 100€ staked on Cloud9, you can win 500€.

Decimal Odds Explained

Personally, these are my favorites odds to use. In order to explain decimal odds, the only thing you need is a calculator. Multiply decimal odds with the stake and there you have it. Really easy to understand, right?

Decimal Odds Example: Astralis is playing against Cloud9. Odds on Astralis are 1.50 while odds on Cloud9 are set to 3.00. How to calculate your profit on a 100€ bet? If you want to bet on Astralis, these are the calculations. 100€ stake X 1.50 = 150€. On the other hand, if you want to bet on Cloud9, this is how decimal odds are explained. 100€ stake X 3.00 = 300€.

American Odds Explained

Last but not least, American odds aren’t that hard to understand either. There are two things you need to understand when it comes to American odds. Favorites have +(plus) next to their name while underdogs have a minus(-) next to their name. The number next to a +(plus) shows you how much you can win for a 100€ bet. Contrary to that, the number that has a -(minus) will inform you how much money you need to stake in order to win 100€.

American Odds Example: Astralis is a big favorite in their match against Cloud9. American odds on Astralis to win are -400 while odds on Cloud9 to win are +300. Here’s how to calculate your potential win by using American odds. By betting on Astralis, you will have to bet 400€ to win 100€(-400). On the other hand, if you bet 100€ on Cloud9, you have a chance to win 300€(+300).

*if you still didn’t understand how different types of odds work, feel free to send me your questions via my Discord channel.

Why Are CSGO Betting Odds Important?

Odds represent value. The higher the odds, the better the reward. You should never miss out on the free money by placing bets at the highest odds on the market.

Should You Shop For Odds?

If you want to be a successful bettor, shopping for odds should be your priority. This is a simple yet very effective thing to do as it maximizes your potential profit.

Which Sites Offer the Best CSGO Betting Odds?

There are 5 betting sites that are constantly providing high betting odds.
1.) GG.BET

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