A good favourite through four rounds
What it means: a 60% favourite in each series wins a four-round bracket about one time in eight; fair odds are about 7.7.
Tournaments · 28 events
Valorant Champions runs in Shanghai until 18 October, League of Legends Worlds starts in the USA on 15 October and the PGL CS2 Major in Singapore follows from 25 November. Below are the 28 tournaments we cover, with dates only where the organiser or a reliable esports outlet confirms them.
Tournament betting is mostly outrights: a bet on the champion. The maths of a bracket makes even strong favourites long odds, and the guide below shows why.
Short answer
The majors of the biggest games: CS2 Majors, The International, League of Legends Worlds and Valorant Champions. They get the most bookmakers, the deepest markets and the most information on teams. Right now that means Valorant Champions (to 18 October), Worlds (15 October – 14 November) and the PGL Major Singapore (25 November – 13 December).
Tournaments
Live and upcoming events first. Dates and results come from the organiser or a reliable esports outlet.
Valorant Champions dates: valorantesports.com. Worlds 2026 schedule: Riot Games via Inven Global. PGL Major Singapore: PGL via Sheep Esports and esports.net. TI 2026 final: Dot Esports. Checked 6 Oct 2026.
Patterns and exceptions
What it means: a 60% favourite in each series wins a four-round bracket about one time in eight; fair odds are about 7.7.
What it means: even a team that wins three series in four is more likely to lose the tournament than to win it.
Computed as q^n: the chance to win each series raised to the number of series. Before bookmaker margin.
Formats
A bet on who wins the whole event, placed before it starts or while it runs. It settles only when the champion is known, so your stake is tied up for days or weeks.
Because the favourite must win every playoff series. A team with a 60% chance in each of four knockout series wins the title about 13% of the time (0.6⁴), which is fair odds of about 7.7 before any margin.
Usually, yes. A two-way match market might carry 5%, while an outright market with 16 teams often adds up to well over 100% in implied chances. Add 1 ÷ odds for every team to see it.
A group format where teams with the same record play each other each round, and a set number of wins (often three) takes a team through. Early rounds are often BO1, so upsets are more common than in the playoffs.
The CS2 Majors, The International for Dota 2, the League of Legends World Championship and Valorant Champions draw the most bookmaker coverage and the deepest markets.
Yes, at least 18, and 21 in some countries. Watching is for everyone; betting is for adults where it is legal.
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