Updated for Playoffs: IEM Rio 2023 Preview – Best Sites, Odds, Teams, Schedule

Published: Apr 20, 2023 - Last Updated: Apr 8, 2024

Following weeks of qualification matches, one of the most anticipated CSGO esports events of the year kicked off this week. Indeed, only the best CSGO teams in the world are attending this event. Just like every other CSGO event before it, IEM Rio 2023 is spanning one week, featuring a $250,000 prize pool and potentially smashing viewership records.

IEM Rio 2023: Event Overview

Start Date17th April 2023
End Date23rd April 2023
VenueJeunesse Arena, Rio de Janeiro, Brazil
Prize Pool$250,000
SeedIEM Cologne 2023 (1st)

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IEM Rio 2023 Outright Odds

Using one esports betting platform, in particular, namely GG.Bet, we’ve gathered all of the outright IEM Rio odds for the teams attending the ongoing event to provide an idea as to what the competition and betting odds look like.

Remember – the shorter the odds, the more likely a team is to win the entire event!

Participating TeamOutright Win Odds
FaZe Clan3.75
Natus Vincere5.62
Team Vitality 8.90
FURIA Esports11.23
Ninjas in Pyjamas24.33
9z Team94.47

Read more about GG.Bet’s features in our exclusive GG.Bet review.

Participating Teams

IEM Rio 2023
Image Credits: ESL

Notably, Virtus.pro were formerly a participating team, recently giving away their spot to Imperial. In fact, this change was so recent that outright odds for this team are still being developed.

Event Format and Schedule

So, what format do teams have to fight through should they wish to make history?

Similar to previous events, the format involves two stages.

Firstly, a Group Stage had split the competition into two groups of eight IEM Rio-qualified teams as listed:

  • Group A: Heroic, 9INE, BIG, MOUZ, Virtus.pro, Ninjas in Pyjamas, The MongolZ, Natus Vincere
  • Group B: FaZe Clan, 9z Team, FURIA Esports, Fnatic, Team Vitality, OG, MIBR, Cloud9

Within each Group, a double-elimination format group took place. From each group, only the top three moved on to the Playoffs, as determined by the following seeding:

  • Group Winner – seed to Semifinals
  • Group Runners-up – seed to Quarterfinals (High Seeds)
  • Group Third place – seed to Quarterfinals (Low Seeds)

Currently finding ourselves in the Playoffs, a single-elimination bracket between the final six teams will determine an overall winner, culminating in an epic BO5 Grand Final.

IEM Rio Schedule Today – Group Stage Matches

Considering the format, we’re more than halfway through the event with Playoffs starting tomorrow and available for IEM Rio 2023 betting. Bearing this in mind, we’ve listed the entire Rio 2023 schedule, with times in the CEST time zone – here’s the IEM Rio Schedule for Playoffs!

21st April – Quarterfinals

  • BIG vs Team Vitality (17:00 CEST)
  • FURIA Esports vs Heroic (20:30 CEST)

22nd April – Semifinals

  • Cloud9 vs BIG/Vitality (17:00 CEST)
  • Natus Vincere vs FURIA/Heroic (20:30 CEST)

23rd April – Grand Final

  • TBD vs TBD (19:00 CEST)

Also, we’d like to point out that ESL is broadcasting all of the Rio 2023 scheduled matches on their respective YouTube and Twitch channels.

See also: How to watch IEM Rio 

Teams Participating – The Final Six

ESL Pro League Season 17 Finals, IEM Rio Major
Image Credits: ESL

The teams attending this event made it to this event through multiple avenues: either as ESL Partner Teams, through ESL World Ranking or Regional Qualifiers.

  • ESL Partner Team – FaZe Clan, Fnatic, MOUZ, Natus Vincere, Ninjas in Pyjamas, Team Vitality
  • ESL World Ranking – Heroic, Virtus.pro, Cloud9, OG,
  • Qualifier – 9INE, BIG, MIBR, 9z Team, The MongolZ
  • Invited – FURIA

IEM Rio Favorites

Starting with favorites, we’d like to outline the following teams to consider for IEM Rio 2023 betting:

  • Natus Vincere – a stellar roster winning multiple events last year
  • Cloud9 – high on the World Rankings, 2nd at the most recent EPL S17 event
  • Vitality – a recent peak in form has them replicating last year’s performances

IEM Rio Underdogs

In addition, here are some underdogs worth considering from the IEM Rio final six teams:

  • FURIA Esports – with the home crowd behind them, FURIA will be incredibly tough to put down
  • Heroic – since placing second at IEM Katowice 2023, they’ve been waiting for another chance – this could be it
  • BIG – with a big chance to make history, they’ve already surprised so far in the competition

How to Bet on IEM Rio 2023

IEM Rio Major
Image Credits: ESL

No matter how much experience you may have, the IEM Rio 2023 is a fantastic esports betting opportunity. If you’re new, feel free to read on for some tips regarding CS betting for beginners.

Beyond the overall outright odds which we’ve outlined above, there are a number of betting markets worth considering after selecting an esports betting site, as listed below:

  • Match Winner – a simple bet which can be modified with certain round handicaps, where one may bet on the team they believe will win the match
  • Map Winner – such a bet may be narrowed down to predicting which team will win each map
  • Live Betting – besides the typical betting prior to a match starting, live betting has been growing increasingly popular due to its excitement
  • Special bets – bets around very particular parameters, recommended for experienced users:
  • Bomb Betting – the bomb is at the centre of each round, and its fate can be betted on – will it be planted, defused or neither?
  • Most Kills (Player) – a special bet in which one picks between two-star players on either roster, predicting who’ll come out on top with more kills in a particular map

Whether it’s through cryptocurrency or normal currency, placing your first CSGO bet may seem daunting. Especially if you’re only starting out, we recommend checking out CS betting sites with low deposit and welcome bonuses.

What’s more? Any IEM Rio 2023 betting worth considering, is worth doing so on the go. Just like any other service, esports betting is completely doable through smartphone apps – check out the best apps for CSGO which make live betting that much easier.

In addition, being knowledgeable and experienced in CSGO betting is a skill that comes with time. 

More to Come

Overall, the IEM Rio event has proven to be an epic opportunity for newcomers and seasoned users in the world of esports betting.

Beyond the details we’ve discussed here, we’ll be providing more coverage of the event in the coming days – stay tuned for more.

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Gabriel Sciberras

Since: February 7, 2023

Gabriel is a content writer and editor at EsportsBets, covering every related esports scene and topic under the sun, apart from plenty of experience in the realm of technology and gaming. When he's not covering international news, he's focused on the local Maltese scene.

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