Released in 2016 for PC, PS4 and Xbox One, and in 2019 for Nintendo Switch, Overwatch’s popularity has grown significantly over the past few years. As of March 2019, there are roughly 50 million users worldwide, which is huge for a game that’s less than 4 years old. After gaining official esport status, sportsbooks began releasing Overwatch League (OWL) odds.
The 2020 Overwatch season is well underway, with the top teams across the globe contesting for the title of the best team in the world. The odds for the 2020 Blizzard Overwatch League are now available. The odds were last updated on October 26, 2020:
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It didn’t take long for competitive tournaments to start popping up after its release. Within months of its release, eSports organizers created professional tournaments like the Overwatch Atlantic Showdown, Overwatch Open, and Overwatch World Cup in 2016. It grew exponentially in South Korea, quickly surpassing the League of Legends in terms of player count.
The first-person shooter game is developed by Blizzard Entertainment and assigns players into two teams of six, where they can select a ‘hero’ and be divided into three roles for the game. Whichever role a player chooses, they receive a skillset tailored to each role, giving their team an advantage in gameplay.
In November 2019, Blizzard announced they will be releasing Overwatch 2, with all new heroes, maps and player-versus-player modes available. If you’re new to betting on Overwatch, be sure to follow along as we outline the various Overwatch betting types and the best Overwatch betting sites.
Overwatch Loot Box Odds
Players can earn cosmetic skins and poses, found in ‘loot boxes’ that can be purchased or earned in the game. The Overwatch loot boxes can contain a number of different items that are mainly for game customization, not to give players an advantage.
Quickly after this was released, players began betting Overwatch loot boxes during matches. The Overwatch loot boxes can be purchased through microtransactions, which some critics claim is technically underage gambling for younger users.
Many players will receive multiple items, and many players have a one in five chance of receiving an epic item in their loot box, and a one in 13 chance of receiving a legendary item in their loot box.
How to Bet on Overwatch
There are a few options when betting on Overwatch, as sportsbooks offer various odds for each betting type.
Match Winner Betting
When it comes to betting on Overwatch, the most popular betting option available is betting on the match-winner. This betting type is basically the same as betting on a moneyline in any other sport. You will choose a team that you think will win the bet, or a draw, which is most unlikely but still an option.
Each team will have odds chosen by oddsmakers that represent how likely it is for them to win the match. The favored team will have a negative number like -150 or -405 next to it, the higher the number, the more likely they are to win.
The American odds offer an easy way to determine how much you need to wager to win $100. I.e. -150 means that you’d need to wager $150 to win $100.
The underdog is represented by a positive number like +350 or +750 and indicates what you’d win on a $100 wager. If the odds are +350 and you bet $100 on the underdog and won, you’d pocket $350 plus your initial $100.
Another popular betting type available are totals bets, or over/under betting as it's commonly referred to as. Oddsmakers will set the Overwatch total for a particular game, and the bettors will have to determine if the total combined score of both teams will be over or under the oddsmaker’s number.
The over/under usually has odds attached, like -110 or +105, it’s usually pretty moderate due to the oddsmakers being so good at predicting the final outcome so closely.
Futures bets are pretty standard across all betting sites, where eSports bettors can try to predict the winner of a league or tournament well in advance of the event. Futures bets are tricky to predict unless you’re psychic because the outcome usually is never that clear months or weeks away.
A popular Overwatch futures bet is to predict the winner of the Overwatch League (OWL), where the list of players will have high odds unless there’s a sure favorite to win. Many have teams with odds that are around +1400 or +1600 which would earn a hefty profit on a $100 wager ($1400-$1600 respectively).
While the allure of winning that much money is the big draw for futures bets, there are 20 teams in the Overwatch League, so you have a 1 in 20 chance of predicting the winner. Other options in Overwatch futures markets include division and/or conference winners.
Proposition bets allow eSports bettors to have a little fun and place wagers that have nothing to do with the final outcome of the match. Most of these bets happen live, so it’s fun to place a few in-game prop bets on things like the winner of each round, first blood, top player per round or player with the highest score.
Top Overwatch Betting Sites
When it comes to Overwatch betting, it’s important to make sure you do as much research as possible before making your bets. When it comes to eSports, it can be highly unpredictable, and you really need to understand how teams play, what their strengths and weaknesses are, and ultimately how they’d perform against their competitors.
Once you’ve completed your research and are ready to place your Overwatch bets, you can choose a reputable online sportsbook to wager on. Signing up for an online sportsbook is fast, and convenient, as many online sportsbooks allow you to bet from your couch while watching the match on Twitch.
While it can be challenging to find eSports odds at times, there are plenty of sportsbooks that offer Overwatch odds in the industry - you just have to know which ones are the safest. We recommend checking out our online sportsbook reviews to make sure you’re selecting a sportsbook that is right for you. Ensure you find a sportsbook that has eSports odds, as well as one that accepts your preferred deposit option, and even one that might have a dedicated smartphone app, like Betway eSports.
There are plenty of Overwatch betting sites to choose from - you just need to find the one with the best Overwatch odds.