sure betting - what it means, its uses and whether it can be a viable betting strategy (?)

[Marko7878]

Apologize in advance if this - or similar - thread already exists. If so, moderator(s) would surely know what to do with it.

Read some reviews stating pros and cons of sure betting, but still have a hard time grappling what it means, how it really could be an asset to bettors... (?).

Could bettors with more experience in the matter offer their insights, preferably in the clearest possible language.

Thanks.

 

[Wagerallsports]

WHAT IS A SURE BET?


With this betting strategy the main focus is on the variable betting odds that vary from bookie to bookie. In this way you can benefit from the odds variation and place your bets safely and without a risk. To do so you have to react quickly because the odds may change every second.

The goal is that the revenue of every single outcome of your bets exceeds the over-all amount invested. The yield of sure bets is often very low but with a little bit of luck and patience you can surely enhance your betting account.

For placing sure bets it is essential to have accounts on various betting sites and act quickly. Also the placed stake should be a little higher than usual to profit more from the (sometimes very) small odds variations.
EXAMPLES FOR A SURE OR SAFE BET


In this following paragraph we show you two examples of how to place a sure bet. This concept can be used for sports with two possible outcomes (e.g. tennis) as well as sports with three possible outcomes (e.g. football).

Example 1 – sure bet a Tennis Match

By placing a bet on a certain tennis match I know that there can only be two possible outcomes – either Player A wins or Player B wins, there is no draw. If the odds variation of two bookies are in our favor we might get a constellation like this:

Bookie 1: the odd for a Player A Win is 2.15

Bookie 2 the odd for a Player B Win is 1.95

This is how a sure bet with 100 Euro would look like:

With a stake of 47,56 Euro on a Player A Win and the odd of 2.15 you will get 102,25 Euros.

On the other hand, you bet 52,44 Euro on a Player B Win and with the quota of 1.95 your revenue will be 102,26.

Players	Quota	Stake	Revenue
Player A	2.15	47,56 €	102,25 €
Player B	1.95	52,44 €	102,26 €

So in either case you will profit from this bet.

Example 2 – sure bet on a 3-Way-Bet

As you can see in the previous example it is possible to place a bet without any risk in 2-way bets but this is also possible for sports with three different outcomes like in a football game. You can also profit from odds variation at different bookies. This is how it works:

Bookie 1: Odd for a Team A Win 14.00

Bookie 2: Odd for a Draw 8.00

Bookie 3: Odd for a Team B Win 1.30

Now we place our 100 Euros again:

We bet 7,40 Euros on a Team A Win and would get 103,6 Euros.

Further, bet on a Draw with the stake of 12,94 Euros and an odd of 8 and we would receive 103,52 Euros

And place 79,66 Euros on a Team B Win with a quota of 1.3, which would make 103,56 Euros.

Outcomes	Quotas	Stake	Revenue
Team A Win	14	7,40 €	103,60 €
Draw	8	12,94 €	103,52 €
Team B Win	1.3	79,66 €	103,56 €

So my earnings are, depending on the outcome of the game, between 3,52 and 3,60 Euros.

CAN YOU MAKE MONEY WITH SURE BETS AS BETTING SYSTEM?


Basically, you can for sure make some money with sure bets. But since the earnings per game are (very) low it will take you a good bit of time to increase your account drastically. But worth mentioning is that sure bets can be very useful to clear bonuses. Many bookies offer bonuses where you get some percentage of your deposit once you placed bets of a certain amount. But hence you can/should play sure bets with high stakes these bonuses can be cleared within no time and above all with no risk. Another interesting topic is back and lay betting at betting exchanges.
STRATEGY?


The examples above show that you can place sure bets in almost every sport. It doesn’t even matter if they are two-way or three-way bets. If you find the right bookies who give you the quotas variation you need for a sure bet you can bet on any sport you want.

 

[Wagerallsports]

To sum up the information above:

1. You will need to have multiple bookie accounts & have them all funded

2. You have to decide if you are dedicated to making money with this method.
if so, since the profit is small when you are lucky enough to find & seize an opportunity, you must wager an amount which you consider it to be worth your time & effort in searching bookies daily for guaranteed profits.

3. It's not as easy to find these guaranteed profits as it used to be many years ago.
in American sports it's very rare, but European sports with the various betting choices should present more opportunities.

 

[BMR_Brad]

One problem you will encounter is continually needing to find new "soft" books as many out there do not like arbitrage players and will do things like cancel your bets for tenuous reasons as they know how much that hurts you more than a regular bettor.

 

[Marko7878]

Thanks.

What betting strategies do you guys (Wagerallsports and BMR_Brad) avail yourselves of when betting on sports? Or, alternatively, what betting strategies do you think work best from the aspect of time and money invested??

 

[soccer star]

Why is it harder to do this in American sports?

 

[Sinclair00]

Just to add to all of the great info that Wagerallsports has given above, I found a great arbitrage betting calculator here:

https://thearbacademy.com/arbitrage-betting-calculator/

You can calculate your stakes, automatically round them to avoid suspicion with the soft bookies, and bias your bets to favour one outcome (maximise profit on that outcome).

Feel free to check it out.

 

[OmarJ111]

Simple analyzing the matches is the best strategy. Check out some time that might work for you.

 

[Sportssmartbetting]

Hi all,
I just noticed that this thread is not active for a long time. I would like to update you with some new information.

First of all Sure betting or on other name arbitrage betting is still a good way of making money. Bookmakers are getting smarter, they are implementing new algorithms to limit smart bettors.
Matched betting is a less risky way of making money from sports betting. If you are planning to make smart betting as a living, I think the best route is value betting.
The pros of value betting:
1. Bookmakers will limit you later because your average stakes are lower
2. Your income is 50%-70% more than at arbitrage or matched betting

I think it is harder to learn it, and the best way is to gain experience in arbitrage betting and matched betting, but it is worth learning.
I have used one of the cheapest, yet very effective software for value betting. If you are interested, you can my Breaking Bet Review.

 

[BMR Genie]

Hi all,
I just noticed that this thread is not active for a long time. I would like to update you with some new information.

First of all Sure betting or on other name arbitrage betting is still a good way of making money. Bookmakers are getting smarter, they are implementing new algorithms to limit smart bettors.
Matched betting is a less risky way of making money from sports betting. If you are planning to make smart betting as a living, I think the best route is value betting.
The pros of value betting:
1. Bookmakers will limit you later, because your average stakes are lower
2. Your income is 50%-70% more than at arbitrage or matched betting

I think it is harder to learn it, and the best way is to gain experience in arbitrage betting and matched betting, but it worth learning.

Thank you for your insight, Sportssmartbetting!

 

[switchart63]

Hello everyone,
I have been into Arbitrage Betting for a years and i would like to share you my knowledge about Arb betting.
Today it's much challenging to use this strategy to make money since the bookmakers are getting smarter, but there are ways to beat them. I found a lot of useful Arbitrage Betting information on the internet (you can find everything you need to know about Arb Betting online). You just need to put some effort and the money will keep coming for sure.

 

[hazliam]

Here are some risk:

- Are you fast enough? There are many other people arb betting. So when there is an opportunity it doesn't stick around. The seconds it takes you to have book A accept your bet and put the bet in book B odds might have went against you. There are some books that are slow to accept bets, one that came to mind is bet105.

- Is the graphic and the data in the bet slips the same? Sometimes you see the bet graphic and when you try to put the bet in the betslips it they are different. I seen this in almost every book.

- There are some book that will outright steal your money, as you use up the better books. Mybookie comes to mind.

- You will need enough capital to win out a rollover. Say you make a deposit for $2000+2000 bonus with 10x rollover. You will need $30-40K in at least 1 other book to counter the bonus if you end up on a roll. And if you start hitting +300+400 lines then you might need a lot more.

 

[hazliam]

Bonus can make arb betting a lot easier. It might be hard to find lines that are +110 -105 odds but finding lines that are +103 -105 is a lot easier. If you are able to grind out +EV with points and deposit bonus it can add it nicely.

 

[hazliam]

I think the easiest way is to stream bet. This is also the way to get you limited the quickest. If you want more information in arb betting. Read up on the:
The Logic of Sports Betting
Book by Ed Miller and Matthew Davidow"

 

[hazliam]

Also you need to make sure you are playing with the same set of rules. An example, I think bovada international hockey includes overtime, while most other books doesn’t.

Also with Covid, how are suspended games handle? Hate to have book A cancel and book B still same game on!