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Understanding Surebets: A Guide for Bettors

In this guide, we explain how surebets work, how to identify them, and share practical tips for placing them.

What is a Surebet?

A surebet, also known as an arbitrage bet, is a betting situation that enables you to secure a guaranteed profit, no matter the final result of the sporting event.

The promise of guaranteed sounds too good to be true, but this one is. It is possible due to differences in odds offered by various betting sites for the same event. By placing bets on all possible outcomes, you can secure a net gain.

How Does a Surebet Work?

Surebetting relies on odds arbitrage. Here's how it works:

  • Odds discrepancies: Bookmakers assess the probabilities of outcomes differently, resulting in odds variations across different platforms.
  • Stake calculation: Using a specific formula, you can calculate how much to bet on each outcome to ensure a profit.
  • Placing the bets: Bets are placed simultaneously on all possible outcomes, each with a different bookmaker.

Surebet Example

Let’s imagine a football match between Team A and Team B. Here are the odds offered by two bookmakers:

OutcomeBookmaker 1Bookmaker 2
Team A wins2.101.90
Team B wins1.802.20

To exploit this loophole, you can:

  • Bet on Team A with Bookmaker 1 at odds of 2.10
  • Bet on Team B with Bookmaker 2 at odds of 2.20

By adjusting the stakes correctly, you can guarantee a profit regardless of the match outcome, securing a sure win.

Advantages and Disadvantages of Surebets

Advantages:

  • ✔️ Guaranteed profit: The biggest benefit is the ability to make a profit with no risk, regardless of the outcome.
  • ✔️ Strategy diversification: Surebets allow you to diversify your betting approach.

Disadvantages:

  • ❌ Time-consuming: Finding and placing surebets often requires time and patience.
  • ❌ Risk of account limitations: Bookmakers may limit or even close the accounts of punters who frequently exploit surebets since it is a sort of “loophole”.

Tips for Placing Surebets

Placing surebets requires a specific approach and close attention to detail. Here are our tips:

  • Search for the best odds with tools: Use odds comparison tools to identify surebet opportunities caused by fluctuations between different bookmakers.
  • Check stake limits: Make sure the bookmakers involved don’t have limits that could hinder your staking strategy.
  • Act quickly: Surebet opportunities can disappear fast, so it’s crucial to react quickly and stay alert to odds movements.
  • Manage your bankroll split: Ensure you have enough funds to cover all required bets for each outcome.
You should always keep in mind that a win is not guaranteed, and you should play responsibly.
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