Surebet | Arbitrage Betting

03.09.2023 17:00

You may have come across the terms "surebet" or "arbitrage betting". But what do these terms mean, and do they still have a place in today's betting market?

 

Arbitrage Betting = Surebetting

The term "surebet" implies surebetting, a strategy that ensures the bettor profits regardless of the match outcome. Whether you call this method as arbitrage betting or surebet, the principle remains the same: to profit in any scenario. But how can one achieve this, and can it be applied to every match?

 

Example of a Surebet

The concept of surebets is best illustrated in markets with two possible outcomes, like tennis matches. Let's assume two evenly matched players are competing. The first player has odds of 2.2 at one bookmaker while the second one has odds of 1.7. However, a second bookmaker sees the chances differently, favoring the first player with odds of 1.8 and the second one at 2.1. And thus, a surebet is created. If you were to bet  $100 on the first player at the first bookmaker and then $100 on the second player at the second bookmaker, no matter the match outcome, you'd be in profit (excluding the possibility of a player getting injured and withdrawing, where bets are usually refunded).

 

Surebet Calculator

^{Source: surebet.com/calculator}

 

Advantages of Surebets

The main advantage, of course, is the guaranteed profit. With the right stake distribution, which specialized surebet calculator can help you with, losses are out of question. Another advantage is that you don't necessarily need to understand or follow a specific sport to profit from it. While we took tennis as an example, this strategy can be applied to any sport.

 

Disadvantages of Surebets

The primary disadvantage is the need to have accounts with as many bookmakers as possible. The odds of finding a surebet with just one bookmaker are virtually zero. Furthermore, searching for surebets is very time-consuming, although some websites can assist in this process. Another downside is that those practicing this method often place large bets for profits that are just a percentage point or two.

Issues can also arise from bookmaker limits that might not allow you to stake as much as you'd like. Furthermore, bookies monitor their clients' bets closely, so sooner or later, they might recognize that you're targeting arbitrage bets and could ban your account. It's also essential to highlight that bookies frequently adjust their odds, meaning you might not always get to place your bet at the desired odds.

 

Conclusion

Sure betting is a method that consistently yields a profit. A more viable strategy for long-term profits is value betting or seeking value. If you're not confident in finding value, verified tipsters can assist you.

 

 

FAQ

1️⃣ What does a sure bet mean?

A sure bet is a bet that, with a proper distribution of stakes, should bring a profit regardless of a match’s result.

 

2️⃣ Can you give an example of a surebet?

Sure! For instance, one bookmaker offers odds of 2.10 for AH1 (-1.5) in a Boston vs. Buffalo (NHL match), while another offers odds of 2.40 for AH2 (+1.5). If you have a bankroll of $1000 for this surebet, you'd place $533 on AH1 (-1.5) and $467 on AH2 (+1.5) and you win $120.

 

3️⃣ How can you profit from sure bets?

The idea behind sure betting (also termed as arbitrage) is to profit regardless of a match's result. This requires placing bets on all possible outcomes of a given match. The challenge is ensuring that the total stake remains lower than potential winnings.

 

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