EVO Betting: Guide to Finding the Best Betting Sites & Odds

Posted on September 18, 2022 - Last Updated on September 20, 2022


EVO is the premier fighting game tournament in the west. It features a wide variety of titles. The top competitors across different esports compete to crown the winner in each game. If you’re looking at fighting games, betting on EVO is one of the biggest events on the calendar.

This tournament has been running since 1996. In that time, it’s covered a whole host of different fighters, growing and changing quite a bit from year to year. What started as a smaller major has ballooned into the centre of the ecosystem for competitive fighting games.

The event now spans multiple countries, with the main tournament bringing in the very best international players. EVO betting lets you bet on top-tier talent from across the world, competing in loads of different games.

EVO is a pretty nebulous event. It can cover everything from brand-new titles to classics being played on old hardware. If you want to get the most out of betting on EVO, you’ll need to get up to speed on how it all works and why this is the top event for fighting games. This is how it all works out and what to watch out for.

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EVO 2023

evo betting

Games List

Every year EVO features esports tournaments for a good variety of games. This isn’t an event with just one title and bracket. Instead, there are separate competitions for many games across the weekend. If you’re betting on EVO, you’ll likely want to concentre on the top titles or ones you know particularly well. We don’t have a full lineup yet. However, we can expect these titles to be making an appearance at EVO 2023:

  • Street Fighter
  • Tekken
  • Mortal Kombat

Outside of these, more will get announced closer to the time. Last year’s tournament saw one of the biggest events with a record prize pool only pulled together in the weeks before the event started. There are some noticeable absences, though, like Smash Bros. However, with a new Street Fighter on the horizon, injecting renewed interest into Street Fighter betting, and a growing community for more varied games, EVO 2023’s line-up looks pretty exciting.

EVO 2023 Schedule

The EVO 2023 schedule isn’t publicly known just yet. The tournament normally takes place over the course of a few days. With events spread throughout. We’ll keep this updated closer to the time as more information about the EVO 2023 schedule and plans are released by organizers.

Watch EVO 2023

EVO Betting Guide

EVO is a huge event. Betting on EVO can get a bit complicated, especially if you are newer to fighting games or esports betting in general. There are some key things to keep in mind about both this tournament and betting on it. We’ll go through all the main points and tips that you need to know to get started with that. How to figure out the tournament as a whole, what to bet on, and more.

What games are there to bet on?

EVO covers just about all the big games in fighting, then some of the smaller ones too. If you’re looking at EVO betting, you’re not looking at any one game but a convention that hosts climatic events for a whole host of them.

Some titles are absolute EVO mainstays. Some other games come and go. Some of the biggest for EVO include Street Fighter, Tekken, Guilty Gear, and Mortal Kombat. These are largely here every year. You can be safe knowing these are big events with the top players around.

multiversus evo 2022
EVO 2022 MultiVersus – Image credit: MultiVersus

If you’re looking at smaller or side events, though, it’s a bit more complicated. An example would be 2022’s MultiVersus side event. That had a record prize pool and huge viewership. Although, it wasn’t covered widely for EVO betting because it was only put together right before the tournament, and the game was brand new. It’s hard to figure out the odds for a game with no real tournaments yet. Keep this in mind when deciding which EVO games to bet on.

If you’re looking at betting on EVO, you’ll be betting on a specific game, such as betting on Tekken 7. Go for one that you know well. Street Fighter is probably the biggest at the tournament, but every game at EVO has its top-level players compete.

Research the players

EVO is an open tournament, so there are always chances for unknowns to rise up the ranks. Although these players all have a history, it is best practice to consider each player’s history in professional competition. Most of the top players will have a long and storied history in the fight game scene. Look up their history of wins and losses, and you will have a better time when you start EVO betting.

Players like SonixFox have amazing runs year to year. However, sometimes they’ll be competing in new games. While they’re multiple-time EVO winners, it doesn’t necessarily mean they will kill it at their new game, keep all this in mind when looking at odds for betting on EVO.

Check out the matchups

Sometimes even the best players have a weakness that others can exploit. There may be a lower-ranked player that has a history of beating some higher on the totem pole. If you can, you should look up the historical matchups between the two players. There might be a pattern. This could help you pick the better option for betting on EVO, even in a match with a high-ranking player.

Games that have a wide character roster can be particularly interesting for this. If a player seems to have an advantage, make sure their opponent doesn’t main a big counter for their normal character! That could be a real disadvantage.

Compare EVO betting odds

The best EVO betting sites all have different odds. Sometimes, the same match-ups will differ depending on where you’re looking. If you compare the odds at a few esports betting sites, you can ensure you get the best odds and value for your money. Better odds mean a higher payout.

How to manage your money when EVO betting

  1. Build a betting bank: In any form of betting or gambling, you should know how to manage your money safely. It is tempting to wager a lot on odds that seem too good to be true. Make sure you set an amount that you are willing to lose each month. Make sure not to exceed that amount.
  2. Choose the right amount to bet: If you are new to betting, don’t jump into the deep end and start betting with crazy amounts of money. It’s important to start small and build up.
  3. Money management: Once you have built a betting bank, you must manage it properly. For example, you are willing to lose $150 a month. That’s not on a single bet. If you are ok with that, we recommend placing a set percentage of that bank on each bet. We recommend 5% of your bank per bet. So, 5% of $150 would be $7.50.
  4. Understand the odds: This isn’t too difficult. High odds mean a larger payout but also a larger risk of losing. Low esports odds give you small payouts but a higher chance of winning.
  5. Make Use of Promotions: From time-to-time betting sites will offer promotions like free bets or bonus cash. Keep an eye out for these. They can be a great way to get extra value from EVO betting.
  6. Take Profit: If you’re ahead, don’t be afraid to take some profit. Winning a bet doesn’t just mean you should always double down on your next pick! If you’re ahead, then taking some profit can be a great way to ensure you’re keeping your betting in check.

What not to do when EVO betting

The first and most obvious bad betting strategy is the Martingale System. This might be one of the most dangerous betting strategies out there. It is often called the “loss recovery system”, which entails betting a fixed amount at first, and if that initial bet loses, you double your next stake amount.

By doing this, they say that you will recover your losses on any previous bets. In principle, this would allow bettors to make small amounts of money over a long period. In practice, this will not happen.

You will need to have some deep pockets for this to work. If you start with an initial bet of $15 and you lose 9 times in a row, by the 10th bet, you would have to be placing a bet of $7680. You must have a big bank account and a small brain to try this system.

Make sure not to bet on emotion or pop culture. This means that you should avoid being swayed by popular opinion.

Finally, make sure not to follow your emotions. Many of us that write about or just watch esports have a favourite team or player. But just because they are your favourite, it doesn’t mean that they are the best. You could throw good money after bad by betting on an underdog that you have been following for years in the hope that they pull off the impossible.

History of EVO

EVO is one of the most storied events in the whole of esports. If you’re looking into EVO betting, then you should get a good grasp of the background of the tournament. This might help to understand how things work. But also how often surprise upsets can be pulled off in the games!

This is a rough overview of EVO’s recent history.

EVO 2022

EVO 2022 ran over August 2022. It was a historic year for EVO as this was the first time the tournament operated under Sony. The event featured over 7,000 competitors. These competed in some of the biggest fighting games. These were all of the games featured at EVO 2022:

  • Tekken 7
  • Dragon Ball FighterZ
  • Street Fighter V
  • Mortal Kombat 11
  • Guilty Gear Strive
  • King of Fighters XV
  • Granblue Fantasy Versus
  • Melty Blood: Type Lumina
  • Skullgirls 2nd Encore

Each of these games had its own major tournaments. There was also a record-breaking prize pool for a MultiVersus side event, going some way to filling the Smash Bros gap this year.  Along with other small side events like every year. These are good to watch out for, but they’re not the main event for EVO betting.

The tournament saw some changes this year. With a new owner, the format was a bit different. This time teasers for some esports games were shown off during events. This helped to build a bit more hype outside of the fighting game community by bringing in fans eager to see the unveiling of new releases.


Tekken, Dragon Ball, Street Fighter, and Mortal Kombat are games that have become pretty synonymous with EVO. The tournament routinely hosts huge majors for these games. For EVO betting, these are probably the games that will be offered at most sites.

There were some wild cards this time, though. Along with a brand-new King of Fighters. That’s a good example of something to watch for with future EVO betting. A lot of the big titles at EVO are expecting new games.

King of Fighters this year had its older version replaced with XV. While a lot of the same competitors compete, there’s no guarantee that they’re going to be just as powerful in the new games as the last.

  • Their characters might not be the same.
  • The balance of power changes.
  • Check them out playing the newer game.
  • Try to ensure you have a good feel for how the new title has impacted things.

EVO 2021

EVO 2022 was the first tournament following delays with the Covid-19 pandemic.  This meant there were a few changes this year. The tournament was held following Sony’s announcement that they were acquiring EVO, but they hadn’t taken over the organization just yet.

This year saw a shake-up to the titles featured. The biggest change was probably the removal of Super Smash Bros. The game is likely gone for good. While the tournament was willing to accommodate the game being played on Switch, not the PlayStation, Nintendo wanted to avoid a competitor’s logo above their premier fighting title So, unfortunately, there won’t be any bets on Super Smash Bros at future EVO events.

All the other big EVO titles were here, though. Aside from Smash, 2021 saw a huge return for the tournament. Here are the games that were played at EVO 2021:

  • Street Fighter V: Champion Edition
  • Tekken 7
  • Guilty Gear: Strive
  • Mortal Kombat 11
  • BlazBlue Cross Tag Battle
  • Dragonball Fighter Z
  • Mobile Suit Gundam: Extreme Vs Maxi Boost
  • Skullgirls 2nd Encore
  • Granblue Fantasy: Versus
  • SoulCalibur VI
  • UNDER NIGHT IN-BIRTH Exe:Late[cl-r]
  • Them’s Fightn’ Herds

Most people will recognize at least some of the games on this list, but there are a few interesting outliers here. Most notable is the inclusion of the fan favourite fighting game, Them’s Fightn’ Herds.

The game is a spiritual successor to Mane6’s original planned fighting game Fighting Is Magic based on the animated television show My Little Pony: Friendship Is Magic. It was meant to be included in EVO 2020 before it was cancelled, and they brought it back because of its robust online features.

These smaller games are a great example of how diverse EVO betting is. A game that doesn’t have a massive dedicated esports scene won’t have the same clear esports betting odds. Especially if any esports betting site that offers EVO betting odds decides to offer lines on the smaller games. Sometimes the more minor titles won’t be represented.

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Andrew Boggs

Andrew is a Northern Ireland based journalist with a passion for video games. His latest hobby is watching people speedrun Super Mario 64 and realising how bad he is at platformers.

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