Betting on Underdog Esports Teams: Risks and Rewards
17 August, 2024

Introduction to Underdog Betting in Esports

Underdog betting is an exciting and strategic aspect of esports wagering. While favorites are often seen as safe bets, underdogs can offer high rewards. This guide explores the benefits and drawbacks of betting on underdog teams in esports, focusing on the Philippine esports scene.


Understanding Underdog Betting


What is Underdog Betting?

Underdog betting involves placing wagers on teams or players expected to lose. These bets can yield substantial payouts due to higher odds. Key points include:

  • Higher Payouts: Underdog bets typically offer higher returns.
  • Risk Factor: The likelihood of winning is lower compared to favorites.
  • Strategic Betting: Successful underdog betting requires thorough analysis and understanding of the game.

Benefits of Betting on Underdogs

Higher Returns

One of the main attractions of betting on underdogs is the potential for higher payouts. Since these teams are less likely to win, bookmakers offer more attractive odds.

  • Increased Profits: A single successful bet on an underdog can significantly boost your bankroll.
  • Low Investment, High Reward: Even small bets can result in substantial winnings.

Thrill and Excitement

Betting on underdogs can add an extra layer of excitement to watching esports. The unpredictable nature of these bets can make the games more engaging.

  • Enhanced Viewing Experience: Rooting for an underdog can make the game more thrilling.
  • Emotional Investment: Betting on underdogs often leads to a deeper emotional connection with the game.

Learning Opportunities

Betting on underdogs encourages bettors to learn more about the teams and players involved.

  • Deep Analysis: This requires more in-depth analysis, which can improve your overall betting strategy.
  • Broader Knowledge: Understanding underdog teams helps broaden your knowledge of the esports landscape.

Drawbacks of Betting on Underdogs

Higher Risk

The primary disadvantage of underdog betting is the increased risk. Since these teams are less likely to win, the chances of losing your bet are higher.

  • Potential Losses: Frequent losses can quickly deplete your betting funds.
  • Emotional Toll: Constantly betting on underdogs can be stressful and emotionally draining.

Requires In-Depth Analysis

Successful underdog betting isn't just about taking risks; it requires thorough research and analysis.

  • Time-Consuming: Analyzing team performance, player stats, and other factors can be time-consuming.
  • Expert Knowledge Needed: A deep understanding of the game and teams is essential.

Volatile Betting

The unpredictable nature of underdog betting can lead to inconsistent results.

  • Unpredictable Outcomes: Even well-researched bets can fail due to the volatile nature of esports.
  • Bankroll Management: Poor management can lead to significant losses over time.

Underdog Betting Strategies


Research and Analysis

To improve your chances of winning, focus on thorough research and analysis.

  • Study Team Performance: Look into the past performance of teams, especially in similar matchups.
  • Player Statistics: Analyze individual player statistics to gauge their potential impact on the game.
  • Underdog Analysis in Betting: Delve deeper into the specific conditions under which underdogs tend to perform well.

Bet Selectively

Don't place bets on every underdog. Be selective and choose bets with the highest potential for success.

  • Focus on Value Bets: Look for underdog bets that offer the best value in terms of odds and potential payout.
  • Avoid Overbetting: Don't place too many bets at once. It’s better to place fewer, well-researched bets.
  • Taking Risks in Esports Betting: Calculate your risks carefully to maximize your chances of success.

Philippine Esports Scene and Underdog Betting


The Philippine esports scene is vibrant and growing, with many local teams making a mark internationally. Betting on underdog Philippine teams can be particularly rewarding.

  • Local Talent: Philippine esports teams often perform well against international competition.
  • Community Support: The strong community support for local teams can sometimes lead to surprising upsets.
  • Calculating Underdog Odds: Understanding the local scene can give you an edge in calculating the true odds for underdog teams.

Conclusion

Betting on underdog esports teams offers both risks and rewards. While the potential for higher payouts is attractive, the increased risk requires careful analysis and strategic betting. By focusing on research and being selective with your bets, you can make the most of underdog betting opportunities. Brands like Okebet can provide a platform for exploring these betting strategies effectively.