Outright winner
Pick the champion before or during the event. The bet settles when the final ends.
So what: higher payout, but the price carries the margin of every round and your stake is locked until the trophy is lifted.
Tournament · CS2
PGL Major betting: CS2 Major odds, format and every PGL champion
PGL is one of the organisers Valve licenses to run Counter-Strike Majors, the two biggest events of every CS2 season. PGL has hosted four Majors so far: Kraków 2017, Stockholm 2021, Antwerp 2022 and Copenhagen 2024. The next is the PGL Major Singapore, scheduled for 25 November – 13 December 2026. This page explains Major betting markets, how outright prices shrink through the playoffs and who has won each PGL Major.
Next: PGL Major Singapore 2026
Example odds clearly labelled
18+ only
By
Liam Fletcher
Updated Oct 8, 2026
- Next PGL Major
- Singapore Nov 25 – Dec 13, 2026
- Prize pool
- $1.25M every Major since Rio 2022
- Teams
- 32 three Swiss stages, then playoffs
- Last PGL champion
- Natus Vincere Copenhagen 2024, 2–1 vs FaZe
- Most recent Major
- Team Falcons IEM Cologne Major, June 2026
Liquipedia: Counter-Strike Majors (organisers, dates, prize pools, winners and runners-up).
Short answer
How do you bet on a PGL Major?
A CS2 Major has 32 teams: three Swiss stages narrow the field to eight, then single-elimination playoffs decide the winner. Bookmakers price every series, every map, round handicaps and totals, plus outright and stage markets such as 'to reach the playoffs'. Playoff series are best-of-three, so a team that wins 60% of maps wins about 65% of its series.
60% per map
64.8%
BO3 series chance
Playoff wins needed
3
quarter-final to final
Teams
32
Majors since 2025
PGL Majors
4
2017, 2021, 2022, 2024
Next edition
PGL Major Singapore 2026 at a glance
| Item | Detail |
|---|---|
| Dates | 25 November – 13 December 2026 |
| Venue city | Singapore (Kallang) |
| Teams | 32 |
| Prize pool | $1,250,000 |
| Format | Three Swiss stages, then an eight-team single-elimination playoff |
Liquipedia: Majors (PGL Major Singapore 2026). Details can change before the event.
Outright vs match
Three ways to bet on a CS2 Major
Match winner
Pick the winner of one series. It settles when that series ends.
So what: usually the lowest margin on the page, and you can react to form, rosters and the draw.
Specials and props
To reach the playoffs, Swiss-stage record (3–0 or 0–3), top player by rating, total maps in the final, overtime on a map.
So what: thin markets with wider margins; compare the price on two or three sites before you bet.
Odds through the bracket Example odds
How Major outright odds shrink as a team advances
A worked example: a team with a 60% chance in every series and an example outright overround of 25%.
Quarter-final
4.63
fair odds · 3 series to win
3.70
example book odds
Semi-final
2.78
fair odds · 2 series to win
2.22
example book odds
Grand final
1.67
fair odds · 1 series to win
1.33
example book odds
Champion
Won
title chance 100%
How it is worked out
Title chance = chance per series to the power of the series left. With 3 series to win: 21.6%, fair odds 4.63. Each series won removes one factor.
What it means: a pre-event outright price at 3.70 includes the margin on every round, so backing the same team series by series can pay more or less depending on the match margins you get.
Only the eight playoff teams face this route; before the playoffs a team must also get through the Swiss stages, which lowers its title chance further.
Worked example, not a forecast. Book odds = fair odds ÷ (1 + overround).
Example odds Example odds
What a Major outright market looks like
Example odds, not live prices. The sum of implied probabilities shows the margin.
| Team | Example odds | Implied | Fair odds |
|---|---|---|---|
| Team Vitality | 4.00 | 25.0% | 4.87 |
| Team Falcons | 5.00 | 20.0% | 6.09 |
| FURIA | 7.00 | 14.3% | 8.53 |
| The MongolZ | 8.00 | 12.5% | 9.75 |
| Natus Vincere | 9.00 | 11.1% | 10.97 |
| FaZe Clan | 13.00 | 7.7% | 15.84 |
| Any other team | 3.20 | 31.3% | 3.90 |
| Sum | 121.8% | margin 17.9% |
Reading an outright market
Add up 1 ÷ odds for every team. Here it is 121.8%: the bookmaker keeps 17.9% of outright stakes on average.
What it means: with 32 teams, the 'any other team' line hides a lot of margin; the names show how the table works and are not predictions.
Example odds set by esportranker. Not live, not a forecast.
Past winners
Every PGL Major winner
3 different champions in 4 editions. Natus Vincere have won two of PGL's four Majors (Stockholm 2021 and Copenhagen 2024).
| Year | City | Champion | Runner-up | Final | Prize pool |
|---|---|---|---|---|---|
| 2024 | Copenhagen | Natus Vincere | FaZe Clan | 2–1 | $1.25M |
| 2022 | Antwerp | FaZe Clan | Natus Vincere | 2–0 | $1.00M |
| 2021 | Stockholm | Natus Vincere | G2 Esports | 2–0 | $2.00M |
| 2017 | Kraków | Gambit Esports | Immortals | 2–1 | $1.00M |
Liquipedia: Counter-Strike Majors (organisers, dates, prize pools, winners and runners-up).
PGL Major FAQ
When is the next PGL Major?
The PGL Major Singapore is scheduled for 25 November – 13 December 2026, with 32 teams and a $1,250,000 prize pool. The following Majors are the FiRe Major Buenos Aires (May–June 2027) and the Perfect World Shanghai Major (November–December 2027).
Is the PGL Major the same as the CS2 Major?
A Major is Valve's top Counter-Strike event, held twice a year. Valve picks a different organiser for each one; PGL is one of them, alongside ESL (IEM), BLAST, StarLadder and Perfect World.
Who won the last PGL Major?
Natus Vincere won the PGL Major Copenhagen 2024, beating FaZe Clan 2–1 in the final. The most recent Major of any organiser, IEM Cologne 2026, was won by Team Falcons.
What can I bet on at a CS2 Major?
Series winner, map winner, map and round handicaps, total maps, total rounds, overtime, pistol rounds, outright winner and stage markets such as qualifying for the playoffs. See our CS2 betting guide for how each market works.
Why are Swiss-stage matches harder to predict?
Many Swiss-stage matches are best-of-one. A team that wins 60% of maps wins a BO1 only 60% of the time, against about 65% in a BO3, so upsets are more common early in a Major.
How old must I be to bet on CS2?
At least 18, and older in some countries. Skin betting sites often skip age checks; treat skins as money. See our responsible gaming page.
Responsible gambling
Bet only if you are 18+ and it stays fun
Esports betting attracts a younger audience than most sports. These rules apply on every page of this site.
Esports fans are young
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