People bet on Dota 2 all the time. In fact, it’s been around for years now. However, for those who haven’t done it before, there’s never been a better time to start betting on Dota 2.
You see, more and more matches are being played every day these days than ever before. Sometimes, it’s online, between teams of the same or neighbouring region. Sometimes, it’s on LAN, in front of a live audience, between teams from all over the world. Either way, underdogs and top teams meet much more frequently now than last season, which, because of the elevated field of competition, leads to the occasional upset or two.
Mind you, the season hasn’t even officially started yet.
Months from now, we’re going to see even more matches played, and with the competitive field only getting better, more upsets are bound to happen.
As said earlier, there’s literally no better time to start placing your bets on Dota 2 matches today.
Why You Should Bet On Dota 2 Matches
1. There’s A Lot Of Money to be Won
This isn’t just for Dota 2, but for esports in general.
According to recent statistics, esports betting will hit $23.5 billion in a couple of years in 2020 and the industry, in general, will generate revenue of at least $1.8 billion by then, which means that the industry has nowhere to go but up.
There’s a lot of money in esports right now, and betting is one way to get your stake on it.
In Dota 2, in particular, the introduction of the Dota Pro Circuit has helped give the scene more structure. More tournaments = more money and more money = more teams and that means you’ll have a lot of matches to bet on all year round, and unlike years ago, we’re talking about Tier 1 and Tier 2 teams, which means match-fixing is a lot less likely.
2. It’s Totally Unpredictable
There’s never been a dynasty in Dota 2. At least, unlike in other esports titles.
Because of how often the meta changes and how so many teams can be considered “the best” at any particular point — at 20.00 odds (bet $100 to win $2,000) to win TI8, OG were a long shot to win TI8 compared to the heavy favourites, but they still ended up winning it all –you can find great value when you bet on Dota 2 games and tournaments if you just keep your eyes wide open and your ears close to the ground.
3. There’s So Much Choice
People who bet on Dota 2 don’t just place bets on who wins or loses. You can also bet on which teams are the first to get to a certain number of kills, or if a BO3 goes all the way to three games, or if a BO5 goes all the way to five games.
With a tournament happening nearly every day, you’ll find odds offered for Dota 2 betting without much of an effort.
As more and more teams and organizations get involved in Dota 2, betting revenues will only continue to grow and your choice for betting options will only expand.
How Do I Know That Dota 2 Matches Are Not Rigged?
Valve is very strict when it comes to match fixing. They are not above punishing, even banning players for life if they are caught match fixing.
Perhaps the most famous case of match fixing in Dota 2 is with Alexei ‘Solo‘ Berezin, who was banned by Starladder for one year, from June 17, 2013 until June 17, 2014. However, because he was the first player to get caught match fixing, his punishment was a lot more lenient. These days, professional players know that match-fixing will not get them anywhere.
Not only will match-fixing and cheating get players banned from participating in any Valve event, but it also means the endn of their playing careers because organizations will no bother signing them to a contract.
Not to mention, Valve maintains their own code of conduct, as well as rules and regulations. Professional players are also paid to get results. Failure to produce results will likely result to a team being disbanded or a player getting dropped. This means that, just like in professional sports, there’s really no incentive to “throw” games and all professional players have ever bit of a reason to play every match to the best of their respective abilities.
The Dota 2 community is also quick to call out any signs of possible match fixing, as well as cheating in thegame. It’s not unusual for the community itself to petition matches to be reviewed if they notice an anomaly.
Simply put, Dota 2 betting is generally safe from match fixing as can be.
Use These Sites To Bet On Dota 2 Matches
There are numerous major esports betting sites offering odds and lines for Dota 2 matches. Additionally, many major sports betting sites are also starting to offer odds for Dota 2.
Here are examples of tried and proven bookmakers that offer Dota 2 betting:
How to Bet On Dota 2 – Understanding the Odds
Dota 2 betting odds generally come in three different types: decimal, fractional, and implied probability.
Of the three, decimal is the most common in Dota 2. To get your returns with decimal odds,you only need to multiply the stakes with the decimal odds. For example, betting $5 for OG to win TI8 before the tournament would net you $5 multipled by 20, or a $100 return, including the original $5 that you put at stake.
Fractional odds very rarely come up in Dota 2. If it does, you only need to divide the numerator with the denominator and add 1 to it to get the decimal odds. For example, betting on a team with 5/1 odds to win means that the decimal odds are 6.00.
For implied probability, the formula to converting it to decimal odds is 100 divided by the given probability odds. So, a 55% probably chance is 100 divided by 55 or 1.81 decimal odds.
Tips to Help You Bet On Dota 2
Tip #1: Be Patient
It’s tempting to bet as frequently as possible. Don’t fall into the trap. Wait for matches with good odds, or when you know that a team has an extremely high chance of winning. Don’t bet for the sake of betting. It’s okay not to bet for days, even weeks.
Stay patient, wait for comfortable odds, and bet on matches that you feel confident in and you should make bank soon enough.
Tip #2: Don’t Go All In
A match is never 100% certain. It’s not unusual to see underdogs at 20 odds beating heavy favourites, and it has happened before. So, never go all in. Unless, you plan on stopping betting for the rest of your life.
If you’re placing a high bet, 20% of your maximum allowable betting amount is a good choice. More than that is a risk that’s not worth taking, no matter how good the odds are.
The key to making bank in Dota 2 betting is to always save for another day.
Tip #3: Don’t Rage Bet
“Rage betting” is when betting on matches when you don’t feel okay, like when you’re feeling angry or frustrated.
If you’re feeling flustered, your judgement gets cloudly, and you’re not able to think about matches objectively. As a result, you’ll make a stupid choice and you’ll lose. If you just lost a big bet or on a losing streak, it’s always a good idea to step back, relax, and take a break for as long as you need.
You’re already taking a risk when you bet on Dota 2 matches. Don’t take an even bigger risk by betting when angry or frustrated.
Tip #4: Do Your Research
Blind betting is for the rich and naive. If you’re neither of the two, then don’t do it.
Tip #5: Bet Early
Oddsmakers put up odds based on their own interpretation. This means that early odds are usually the most profitable for bettors. The earlier you bet, the more of an edge you’ll have over bookies.
Tip #6: Don’t Chase Losses
What’s even worse than rage quitting is trying to chase your losses.
If you’re betting, you might as well consider your money as wasted money. It’s money that you’re okay losing, no matter what. Trying to recoup betting losses by betting more is like trying to lose weight by eating more than what you ate yesterday — that’s just not how it works.
Stick to a betting routine, regardless of whether you win or lose. For example, betting until you lose is a good strategy. If you lose on your first bet, walk away. If you don’t lose until your tenth bet, then good for you. So long as you stick to proper bite-sized bets, you and your wallet are going to end up doing just fine.
Tip #7: Gambling Odds ≠Chance of Winning
You can’t always just look at the odds when you bet on Dota 2 matches. Even if a team is regarded as heavy favourites, that doesn’t mean that they’re sure to win. They can still lose. It’s less likely, but it is still possible.
As mentioned earlier, do your research first. Don’t place bets solely based on the odds. The odds should mere decide your returns and whether or not a match is worth even betting on, not who you are going to bet on.
Tip #8: Chain Logic Is a Bad Idea
Logic states that if A is greater than B and B is greater than C then A is greater than C.
In Dota 2, not so much. For example, last season, when Ilya ‘Lil‘ Ilyuk joined Natus Vincere, they had a favorable win rate against his former team, Virtus.Pro. However, they were a mediocre team against pretty much everyone else, while the opposite was true for Virtus.Pro, who were one of the more dominant teams all of last season, sporting a positive win rate against pretty much every other Dota 2 team.
Natus Vincere beating Virtus.Pro a couple of times doesn’t mean that they’re better than the teams that Virtus.Pro beat.
Remember, there are plenty of factors to consider before you place your bed on Dota 2 matches. This includes particular matchups, player performance, the current state of the meta, and if a team is well-rested or not.
The earlier you start to bet on Dota 2, the better.
Here at Esportsranks, we pride ourselves in our analysts, who make sure to give you as much detail as possible and try to guide you with high-yielding predictions using proven methodology.
If you take our advice and couple it with your own research, then you’re sure to have a good time betting on Dota 2.