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Esports Match winner: arbitrage calculator

Market
2-way
Typical overround
5%–10%
Sample arbitrage return
-2.94%
Inputs
2 legs
Odds format for every leg
Leg 1
Leg 2
Results
Return on stake-2.94%-2.94 profit on 100.00 staked
No arbitrage
Profit on every outcome
-2.94
Total stake
100.00
Sum of implied probabilities
103.03%
LegOdds usedEffective oddsStake
Back Team A1.5001.50064.71
Back Team B2.7502.75035.29
If this winsLegs that payGross returnCommissionNet profit
Team ATeam A97.060.00-2.94
Team BTeam B97.060.00-2.94

No arbitrage: -2.94% return

Esports match-winner markets carry higher margins than mainstream sports and thinner liquidity, which makes cross-book price differences common but limits smaller.

Market structure

Esports Match winner has 2 outcomes (

Team A, Team B

). Bookmakers typically price it with an overround between 5% and

10%

. For an arbitrage you need prices from at least two books whose implied probabilities, taken at the best price per outcome, add up to less than 100%.

Worked example

Two books quote 1.45 / 2.75 and 1.50 / 2.65. Taking the best price for each outcome (1.50 / 2.75) gives an implied sum of 103.03%. Arbitrage: no, return -2.94%. The calculator above is pre-filled with those best prices; the stakes for 100 in total are 64.71 / 35.29.

Best price per outcome across two books
OutcomeBook ABook BBestStake of 100
Team A1.451.501.5064.71
Team B2.752.652.7535.29

Two-way specifics

Two-way markets are the simplest to arbitrage: two prices, two stakes, one check that the implied probabilities sum below 100%. Watch for different settlement rules between books (retirements, postponements).

Frequently asked questions

How many legs does a Esports Match winner arbitrage need?

One per outcome: 2 legs covering Team A, Team B. Every outcome must be backed for the position to profit whatever happens.

How large is the overround in Esports Match winner?

Typically 5% to 10% at a single book. An arbitrage needs the best prices across books to sum below 100%, so the gap between books has to exceed the margin.

Is the worked example on this page a real arbitrage?

The sample prices give an implied sum of 103.03% at the best price per outcome (arbitrage: no). They are illustrative; live prices change constantly.

What can go wrong with an arbitrage across 2 outcomes?

A leg not being available at the assumed price, a void or push on one leg, different settlement rules between books, and stake limits that stop you placing the full amount.