Tournament · Arena of Valor
The Arena of Valor International Championship (AIC) is the year-end world event for Arena of Valor, the international version of Honor of Kings. It has been held every year since 2017. Since 2023 it has been run without Tencent's Level Infinite and VSPO, with teams from Garena's regions only and a prize pool of about $500,000.
FULL SENSE won AIC 2025 in Ho Chi Minh City and Hanoi, beating Flash Wolves. Nine different teams have won the nine editions. Below: every result, what the format means for odds and an example outright market.
Liquipedia: Arena of Valor International Championship (tournaments, prize pools, winners, runners-up).
Short answer
Bookmakers that cover Arena of Valor offer series winner, game winner, handicaps and total games, and some add kill totals. Coverage is thin, so compare several books. No team has ever won the AIC twice, which argues against short outright prices on any one favourite.
Outright vs match
Pick the winner of the event before or during it. With nine different winners in nine years, the favourite's outright price often looks too short.
So what: bigger payout but a bigger margin, and your stake is locked until the trophy is lifted.
Pick the winner of one series. Series are played over several games, so the better team wins more often than in one game.
So what: the lowest margin on most books, and you can react to form, patches and roster news.
First blood, first turret, total kills in a game and game duration.
So what: thin markets with wide margins; compare two or three books before you bet.
Odds through the bracket Example odds
A worked example: a team with a 60% chance in every series and an example outright overround of 25%.
Quarter-final
Semi-final
Final
Champion
Title chance = chance per series to the power of the series still to win. With 3 series left the chance is 21.6%, fair odds 4.63. Each series win removes one factor.
What it means: a price of 3.70 before the playoffs only pays if the team wins every series, so compare it with backing the team series by series.
Worked example, not a forecast. Book odds = fair odds ÷ (1 + overround).
Example odds Example odds
Example odds, not live prices. The sum of the implied probabilities shows the bookmaker's margin.
| Team | Example odds | Implied | Fair odds |
|---|---|---|---|
| FULL SENSE | 3.75 | 26.7% | 4.09 |
| Flash Wolves | 4.00 | 25.0% | 4.37 |
| Bacon Time | 5.00 | 20.0% | 5.46 |
| BanMei Gaming | 8.00 | 12.5% | 8.73 |
| Any other team | 4.00 | 25.0% | 4.37 |
| Sum | 109.2% | margin 8.4% |
Add up 1 ÷ odds for every runner. Here the sum is 109.2%, so the book keeps about 8.4% of outright stakes on average.
What it means: outrights suit a strong view on one team. The names show how the table works; they are not predictions. The table does not mean these teams are in the next AIC field.
Example odds set by esportranker. Not live, not a forecast.
Prize pool history
Between $494,000 and $1.685 million; back to about $500,000 since 2023.
The prize pool peaked at $1.685 million in 2022. From 2023 the event lost its Level Infinite and VSPO co-organisers and became a Garena-region championship.
What it means for betting: a smaller, regional field makes form in the regional leagues the main guide.
Liquipedia: Arena of Valor International Championship (tournaments, prize pools, winners, runners-up).
Past winners
Nine editions, nine different champions. Team Flash, Buriram United and V Gaming all lost a final before winning one.
| Year | City | Champion | Runner-up | Final | Prize pool |
|---|---|---|---|---|---|
| 2025 | Ho Chi Minh City, Hanoi | FULL SENSE | Flash Wolves | $500K | |
| 2024 | Ho Chi Minh City | Bacon Time | BanMei Gaming | $494K | |
| 2023 | Ho Chi Minh City | TALON | Valencia CF eSports | $500K | |
| 2022 | Ho Chi Minh City | V Gaming | ONE Team | $1.69M | |
| 2021 | Asia | Buriram United Esports | V Gaming | $1.00M | |
| 2020 | Asia | MAD Team | Saigon Phantom | $500K | |
| 2019 | Bangkok | Team Flash | Buriram United Esports | $500K | |
| 2018 | Bangkok, Ho Chi Minh City | J Team | Team Flash | $600K | |
| 2017 | Seoul | Still Moving Under Gunfire | GameTV | $510K |
Liquipedia: Arena of Valor International Championship (tournaments, prize pools, winners, runners-up).
FULL SENSE beat Flash Wolves in the final of AIC 2025, played in Ho Chi Minh City and Hanoi from 17 November to 7 December 2025.
No. Nine different teams won the nine editions from 2017 to 2025.
From 2023 the event was run without Level Infinite and VSPO and limited to Garena's regions, and the prize pool fell from $1.685 million in 2022 to about $500,000.
Arena of Valor is the international version of Honor of Kings, with its own heroes and its own tournaments. See our Honor of Kings page.
Series winner, game winner, handicaps and total games, and at some books first blood and kill totals. Our Arena of Valor betting page ranks the bookmakers.
That depends on your country. Betting is 18+ and you should only use a bookmaker licensed where you live. Our country guides explain the rules.
Responsible gambling
Esports betting attracts a younger audience than most sports. These rules apply on every page of this site.
Licensed bookmakers check age and ID before you can withdraw. If you are under 18, this site is for information, not for betting.
Our responsible gaming policyDecide what a month of betting may cost before you deposit, and use the deposit limits your bookmaker offers. Outright bets lock money up for weeks, so count them in that budget.
Gambling addiction helpGambling Therapy offers free, confidential support by chat and in forums, in several languages, wherever you live.
Gambling Therapy