What are surebets (Arbitrage bets) and how to use them
In this article we will look at some features of Arbitrage, we will pay attention to possible mistakes and we will advise you on how to find and use them quickly and easily.
We believe that even if you are experienced in betting, the following few paragraphs will enrich your knowledge of sports betting.
What does it mean “Surebet”
Two or three-game options have been added to most markets, and the sum of their odds in one bookmaker never exceeds 100%, i.e. if you bet on all events, you will be on loss.
In another bookmaker, however, one of the options may have a significantly higher bet, which allows you to combine it with the other two from the first bookmaker and win, no matter how the match ends.
Let’s look at an example of an arbitrage bet
Let’s say that the match Liverpool – Man United receives odds for “Liverpool to win” in Bet365 – 2.15, for “Draw” in 1XBet – 3.60, and for Away win – 4.20 at Betfair.
Thus, if you bet 100€ for a home victory, 120€ for a draw, and 100€ for United’s win, regardless of the final outcome, you will win the same money.
So, this is it. These surebets give you the opportunity to bet on each market at a different amount and you are sure to win.
With software and calculators, you can calculate the final payout for each outcome or find out what bets to place so that you are always on plus.
There are Arbitrage bets in all sports
It is important to notice them in time, as they usually last about 20-30 minutes. Companies quickly notice their mistakes and correct them. What is needed for arbitrage bets? First of all, you need a computer, laptop, tablet or phone.
If you have more devices, even better, because you will be able to act faster and follow the current changes in all bookmakers.
Then ensure a fast and reliable internet connection that should not be interrupted, because you are likely to place a bet in one bookmaker and fail in the second. Then the situation will be very unpleasant for you and your balance.
When it comes to balance, it is the most important part of arbitrage bets. You need to provide an amount that will bring you the desired profits, even with small deviations in the odds. We cannot set a limit, but we advise you to set aside a minimum of 2000€ if you are going to start with this thing.
How to find arbitrage bets
The discovery of arbitrage bets can be done independently or with the help of specialized software.
The first method takes more time, as it is very difficult to notice the differences in the odds with the naked eye. It is recommended that if you use this method, you bet only on markets with two options.
There are software that compares the odds for an event in different bookmakers and put the best offer. This is a more reliable and fast way to reach the surebets. Your only task is to calculate what bets are needed to be on an equal profit with each outcome.
You can use the surebet tool by Oddspedia to check today’s opportunities.
What to watch out for?
Bookmakers hardly want you to win as they lose, so if they notice a big increase in profits, they will limit or close your account. Therefore, you should be careful and use some strategies to avoid violating the bookmaking rules. Arbitrage bets require tactics to approach betting.
For example, place bets with full amounts. If your calculator shows numbers such as 336.47€, it is better to round the amount to 340€. Yes, this way your final profits will differ slightly, but the more important task is to keep your account.
Another thing you can do is to participate with other bets. Bookmakers will doubt your actions if you bet only high amounts on single events and at lower rates. Create other types of slips by participating in a variety of sports, markets, live betting, etc.
You shouldn’t draw your money every day. This is an extremely wrong approach that can lead to limiting your account. The company will no doubt your actions if you use payment systems on a daily basis. Limit your withdrawals to once a month.
And at last, but not the least important – alternate the bets. If you bet on Surebets in a smaller number of bookmakers, alternate them! Do not always place the most possible outcome on the same bookie. It will be good to exchange them, once betting on the low odds in one beech, the other time in the other bookmaker.
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