Best LoL Betting Odds Comparison 2024: Get the Latest LoL Odds

Last Updated on 07/12/2024

If you love placing League of Legends wagers, finding the best LoL esports betting odds is fundamental to your experience. Simply put, the better the LoL betting odds, the greater your potential winnings.

There’s plenty to weigh up when assessing LoL betting odds, so I’ve put together a short article to help you out. It contains a guide to the markets you can bet on and some guidance on interpreting LoL odds, plus I’ve even added my top site selections to the banners on this page for you.

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🏆 Compare LoL betting sites with the best odds

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🔑 League of Legends: Five key facts

Before I dive into detailing how odds are formulated, how you can interpret them, and how to build your own bets, let me first provide you with some fun facts about the ever-popular League of Legends title.

  1. League of Legends is an online arena battle game. The battles take place in an arena divided into two halves.
  2. Each battle consists of two teams, each comprising five players.
  3. Every player controls a character known as a Champion.
  4. The aim of the game is to destroy the opposition team’s Nexus – a large fortress located in each team’s base.
  5. To achieve this aim, Champions need to collect weapons and accessories, as well as build structures that help protect their own team’s Nexus.

⚖ Pros and cons of LoL betting

LoL logo
  • Fun way of watching LoL battles
  • LoL betting odds provided at most sites
  • Use your LoL knowledge to win bets
  • Huge range of markets
  • Hard to predict the outcome of battles

📈 LoL betting markets

Before I explain how to bet on LoL and interpret the odds, it’s important to give you a broad understanding of the different League of Legends markets you are likely to encounter. Whilst all esports betting sites carry a different range of markets, you will typically find the options detailed in this convenient table.

💰Bonus type👇Overview
Deposit matchThe deposit match allows you to unlock a matched bonus up to a certain percentage of your first deposit. For instance, you may find that one of my recommended sites is offering a 100% match of up to $1,500
No deposit bonusThe no deposit bonus does not require any funds to leave your account. You will, however, be expected to play through the bonus before any winnings can be released.
First bet offerThe first bet offer allows you to lose your first bet and have your initial stake returned in bonus bets. However, should you win, you’ll solely take home your winnings.
Odds boostThe odds boost provides a simple but effective bonus aimed at enhancing the current odds on offer. Be sure to check market eligibility before using this bonus and placing your bets.

As is the case at Fortnite betting sites, you will find the list of available LoL markets changes from site to site. In some instances, you will find an array of prop and totals bets relating to weapons, dragons, barons and other in-game occurrences. Meanwhile, other sites just stick to the main markets listed above. Wherever you are betting, you will be able to place your bets before the battles start or use LoL live betting markets to place in-play wagers.

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🤔 Interpreting LoL betting odds

Now for the fun part! Having outlined the standard markets you will find, I’m now going to look at LoL betting odds – what do they look like and how are they put together?

Understand the odds formats

At most sites, you can choose how you want your LoL betting odds displayed. There are generally three options available:

  1. Fractional: Most UK brands use this format. It displays the ratio of your potential profit against your initial bet. For example, odds of 5/1 show that a stake of $1 would give you a profit of $5 if the best were to be successful.
  2. Decimal: Also known as the European odds format. Decimal odds show the amount you would win from a $1 stake. The value of your stake is included in the displayed odds.
  3. US: This format differentiates between the favorite and the rest of the market. The favorite’s odds are displayed with a minus sign. The number indicates how much you would need to bet to win $100. The rest of the odds in the market are displayed with a plus symbol. This shows the amount you would win from a $100 bet.

Factors that impact the LoL betting odds

By now you are probably wondering how LoL betting sites decide what odds to attribute to each market option. An awful lot of research goes into putting together esports markets and the oddsmakers need to consider a range of factors including:

  • Recent performances – How well have the teams done in their recent battles? Are they in good form?
  • Format – How well have the teams performed in battles with similar formats, arenas and other parameters?
  • Team lineups – LoL teams can make substitutions and players often change teams. This means the specific lineup of an LoL team will alter for each battle. Oddsmakers need to consider this when producing odds.

🗝 Building a successful LoL betting strategy: Four essential tips

Of course, what you want to know is how to find value in the LoL betting odds. To help you achieve this, I have put together four essential tips:

🔎 Research, research, research

As is the case when using Dota 2 betting sites, research is integral to successful LoL betting. Develop an in-depth knowledge of the game and the leading teams. The good news is that LoL data is readily available, so you can arm yourself with a vast array of stats to help you formulate betting strategies.

🕵 Get expert guidance

There are a lot of experts out there, on channels such as Twitch, providing regular LoL betting tips and predictions. Watch as many of these tips as possible. You will quickly ascertain which experts provide the best guidance for you. I regularly watch streams from 3-4 LoL experts before I place bets, as it really helps me find the best value in the odds.

👉 Stick to what you know

I’ve been betting on LoL for years and consider myself a bit of an expert on the game, but there is still a lot about League of Legends that I do not know. As LoL is such a vast and ever-growing game, it is impossible to know every aspect of it. Because of this, I try to concentrate my betting activity on a few select markets.

Compare the odds

The site with the best LoL betting odds will change from market to market. The only way to ensure you regularly take advantage of the longest LoL odds is to join a wide range of sites. Then you can compare the LoL odds at each site and use the one that offers the best value.

🤑 LoL betting odds: Get the best value

Value is the key when assessing LoL betting odds. As with Valorant betting sites, you’ll need to find the best value so you can maximise your potential winnings. That’s why the most important tip in this article is the one recommending that you join a wide selection of LoL gambling sites.

Of course, regardless of which sites you are using, you still need to make the right selections. Don’t forget to do your research and concentrate your efforts on a few select markets. That will give you the best chance of making the most from the LoL esports betting odds. It’s also a good idea to consider your preferred payment methods, so check out the LoL betting sites that accept PayPal and if you’re interested in crypto, have a look at the LoL betting sites that accept Bitcoin.

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❓ LoL esports betting odds FAQs

👊 Is LoL betting legit?

Yes. If online betting is legal where you are and you are above the minimum gambling age, you can wager on LoL contests.

🕵️ Where can I find the best LoL odds today?

That will depend on the market you are looking at. If you join a wide array of sites, you can regularly take advantage of the best LoL betting odds.

🤔 Can I win money betting on LoL?

Yes. If you thoroughly research your bets and use the sites with the best LoL esports betting odds, you can give yourself an excellent chance of finding winning bets on LoL events.

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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