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Thread: Season 3, betting and betting techniques

posted by Dieser_Wombat, 1 year ago
Finally, with Season 3 there are reliable standards of games played (bo1), as well as substitution rules and more. These fact as well as the weekly upcoming matches make it much more easy and reliable to bet on League of Legends games. One might argue, that betting in general is to risky and the average person does lose way to often. While it is true, that a betting platform can only exist when being profitable, which means
1. They earn more money with bets then they have to cash out
2. They have enough time to "work" with your money when deposited to your betting account.

But there are three factors that anyone who deeply is into League of Legends can exploit to generate "free money".
1. League of Legends and esport in general is fairly new to the betting scene, therefore there is much less data available to the betting platform. Therefore it can happen that there is a significant odds difference between the risk and the reward, which can be exploited.
2. Esport changes very quickly. There are just a few teams that generate constantly reliable results. That can be a pro as well as a con, but in general performance of teams changes much more quickly than statistics and data can show, if such an performance change occurs, you can exploit it.
3. The fact that you, as an League of Legends interested individual use most of your free time to watch streams, browse forums and reddit, gives you an information advantage over betting platforms. Such platforms mostly only gather Information of w/l, tournament results and stuff that can be quantified. You as a person can gather information that exceeds the quantitative data, and "collect" the data just by doing what you would do anyways.

Furthermore, it has to be said, in2LOL is perfect for gathering that data.
1. Before betting, i recommend to watch bets on in2LOL and look how the community voted for a certain game. Look up the last games of the Teams by simply clicking their names, see which teams they have good and bad results against and notice performance changes by the graphs displayed below.
2. I recommend to watch streams, therefore it is important to notice what the streamer says himself about training and training schedules. In general it can be said, more streaming equals less practice equals less performance.
3. Browse reddit and stuff to find out if one team plays with subs or arrives at a tournament just at the day the tournament starts. Gather the general atmosphere.

When betting on the betting platform of your choice, i recommend the following:
1. Split your risk. If you want to bet on several games, make sure you bet different combinations with smaller sums of money. Never bet small sums on only 1 game tho.
2. Don't let the greed win. If you "know" that one game will be a win in your favor, place a large sum on this game, rather than bet a small sum and add other bets to the slip to increase the odds.
3. Set yourself a cashout limit. (Mine is 100€, every time i reach this amount of money, i cash out 100€. The money that exceeds that amount remains on the account. If i lose it, i only deposit money again, when i "know" i will win)

On a personal note. I am positive by around 200€ right now and i bet like 60€ in 1-5€ bets on the first play day of LCS. Due to personal research and feeling, i would consider EG, Fnatic and Crs.na overrated and dignitas and CPH wolves underrated. I would not bet serious money on TSM and GIANTS, because it's hard for me to guess the state that they are currently in.

It would be nice to hear from your experience and which techniques you use in order to create maximum profit.
If you are not into betting atm and want to give it a try, but have some questions, do not hesitate to ask them in this thread.


/Please note that this content was not created by in2LOL staff. I cannot guarantee for the same high quality of writing and spelling.

#1
R4iltracer wrote at 06.02.2013, 14:32 CET:
Betting requires skills, but mostly experience. No matter how hard you try to follow certain patters or guides, it all comes down to how many type of scenarios you've seen and been trough. Nevertheless, interesting article
#2
Methis wrote at 06.02.2013, 14:39 CET:
This is a very great first thread on our site!
#3
wrote at 06.02.2013, 14:39 CET:
Apart from experience, the person who bets have to be mentally capable of dealing with loses and winings as well. That means, you have to put all feelings away. Winning and being overexcited is a bad thing. Same goes for loses, you have to accept them as part of the whole system. Only with this right attitude and experience, some money can be earned. Apart from that, there is one more thing that is often overlook. Betting on "Value bets", which means betting on an event that has higher odd than the real chance of it happening. Example: Sometimes teams are overrated, overhyped and the odds on their win are way to low. The oppononet team has high odds even though their chances to win are relatively high.
#4
Novacaine_One wrote at 06.02.2013, 14:52 CET:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D
#5
wrote at 06.02.2013, 15:03 CET:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D


in2LOL betting:
1. be active
2. bet on favourite at EVERY game
3. profit!
#6
AJoStyle wrote at 06.02.2013, 15:14 CET:
kocja wrote:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D

in2LOL betting:
1. be active
2. bet on favourite at EVERY game
3. profit!


In2lol betting
Be novocaine one
Add a bet 1 min before match start
Be the only one betting on it
Profit
#7
TMA Deviant wrote at 06.02.2013, 15:32 CET:
be 17
know very much about lol scene
be someone who would easily have 80% win ratio if u bet on better team instead of fav team
cry
#8
wrote at 06.02.2013, 15:32 CET:
AJoStyle wrote:
kocja wrote:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D

in2LOL betting:
1. be active
2. bet on favourite at EVERY game
3. profit!

In2lol betting
Be novocaine one
Add a bet 1 min before match start
Be the only one betting on it
Profit


Apply for matchticker
Take novacaine ones
win betting ranking
you can apply here in2LOL.apply@gmail.com
:)
#9
TMA Deviant wrote at 06.02.2013, 15:34 CET:
btw wombat what is your winning %age
#10
Novacaine_One wrote at 06.02.2013, 15:37 CET:
AJoStyle wrote:
kocja wrote:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D

in2LOL betting:
1. be active
2. bet on favourite at EVERY game
3. profit!

In2lol betting
Be novocaine one
Add a bet 1 min before match start
Be the only one betting on it
Profit


LOL

It's not like I ever did something like this. D: There are always at least 10 bets on each match, even on matches that I created in the middle of the night. :(
#11
TMA Deviant wrote at 06.02.2013, 15:54 CET:
Novacaine_One wrote:
AJoStyle wrote:
kocja wrote:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D

in2LOL betting:
1. be active
2. bet on favourite at EVERY game
3. profit!

In2lol betting
Be novocaine one
Add a bet 1 min before match start
Be the only one betting on it
Profit

LOL
It's not like I ever did something like this. D: There are always at least 10 bets on each match, even on matches that I created in the middle of the night. :(


once there was a tournament where every game had like 1 bet on it :D
#12
Novacaine_One wrote at 06.02.2013, 16:30 CET:
TMA Deviant wrote:
once there was a tournament where every game had like 1 bet on it :D


Pics or it didn't happen.
#13
sb2 wrote at 06.02.2013, 16:58 CET:
I like the guide but let me add some things:

1. Treat the money you deposit as money you don't need anymore.
2. Never bet when you're under the influence of "whatever".
3. Betting is about fun! It should up the excitement but it shouldn't be treated as a way of "making money".
#14
wrote at 06.02.2013, 17:00 CET:
sb2 wrote:
I like the guide but let me add some things:
1. Treat the money you deposit as money you don't need anymore.
2. Never bet when you're under the influence of "whatever".
3. Betting is about fun! It should up the excitement but it shouldn't be treated as a way of "making money".


Agree! But...IPL 5... 7/8 bets lost. The only one won was placed when being drunk LOL :D
#15
stupidfanboy wrote at 06.02.2013, 17:14 CET:
Novacaine_One wrote:
TMA Deviant wrote:
once there was a tournament where every game had like 1 bet on it :D

Pics or it didn't happen.
Novacaine one, you gotta let me know which team you bet on every time, damn i wanna higher betting rating.
#16
Dieser_Wombat wrote at 06.02.2013, 17:26 CET:
TMA Deviant wrote:
btw wombat what is your winning %age

i dont know my winning %. But i guess it is below 50%, which might sound bad, but due to odds of 2.00-5.00 every slip i still win money overall.
#17
heox wrote at 06.02.2013, 20:32 CET:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D


how much money have you won on digibet ?
#18
wrote at 06.02.2013, 21:15 CET:
heox wrote:
Novacaine_One wrote:
#1 of the in2LOL bet ranking for last five months here. I approve of this. :D

how much money have you won on digibet ?

wow, its the first time we have the same opinion :)
#19
MinishMan wrote at 07.02.2013, 01:22 CET:
Would it be possible to have a threshold, say something like 30% of total games, that you need to bet on, then after that rank purely on winning %age? The current system, whilst fun and gives me some small mental stimulation, is like running on a treadmill. It's not possible to win. I also feel like the system I described brings more strategy and makes you chose your bets more wisely, more like if you were staking money. Know more about the Korean scene, bet on OGN, more about NA, bet on their tournaments. At least 50% of my bets are; meh they are favourite, gotta bet on it to keep up with everyone's rising total.

I agree with lots of what the poster says. There is currently much less of an information bias in lol betting at the moment and you can profit from that. Definately avoid TSM for at least the first week, who knows what form they're in. I don't believe Curse NA are overrated, fantic probably are, and I consider EG in the same boat as TSM.
#20
TMA Deviant wrote at 07.02.2013, 13:08 CET:
i wont bet on this week i want to see their performence
#21
MinishMan wrote at 07.02.2013, 14:42 CET:
I would add that Scarra has said the difference between the top 4 teams in NA and the rest is very pronounced, at for the first few weeks at least he expects no upsets there.
 

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