Esports Betting 101 - How do betting sites make money?
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202DC
08/24/21
Ah the question everyone has on their mind: “How do betting sites and the bookmakers make money?” While some owners and operators may shy away from answering this, we pride ourselves on being honest and transparent. News flash...Rivalry is a business and exists to make money. But unlike many others, will tell you exactly how we make it so you can be a smart, informed customer.
We primarily make money two ways:
1) On the commission we price into our odds called margin
2) Adjusting our odds in real time to balance our books to effectively collect this commission
If you have any questions about this video or anything related to betting, hit us up through the live chat on our site!
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