When the shown odds on different Online Sports Betting Websites vary significantly and for the same event, you can make a certain profit whatever the outcome of the event is. How? Simply by betting on all possible outcomes when applying the following formula:
1/Odds 1 + 1/ Odds 2 +…. + 1/ Odds n < 1
Football Sure Bettibg Example:
Sure Bet: Newcastle vs Bolton Wanderers football match
Bookmakers | Newcastle | Draw | Bolton Wanderers F.C. |
Bookmaker A | 1.9 | 3.1 | 4.2 |
Bookmaker B | 1.6 | 3.4 | 6 |
1/1.9 + 1/3.4 + 1/6 = 0.987 < 1
You can make a certain profit of 2.45 euros whatever the outcome of the match by betting 100 euros on Newcastle with Bookmaker A, along with 55.88 euros on Bolton and 31.67 euros on a drawn match with Bookmaker B:
Given the following odds:
Bookmakers | Nadal | Federer |
Bookmaker A | 1.7 | 2.2 |
Bookmaker B | 1.4 | 2.6 |
1/1.7 + 1/2.6 = 0.97< 1
A wide range of odds is presented here. You can make a certain profit by betting on Nadal with the bookmaker A or Federer with the bookmaker B.
By getting 100 euros on Nadal with the Bookmaker A with a 1.7 odds and 68 euros on Federer with the bookmaker B with a 2.6 odds, you can be sure of making a profit of 2 euros, regardless of the outcome of the match:
The odds change so quickly and the numbers of sporting events and bookmakers are so huge that it is extremely difficult, if not virtually impossible, to spot a sure bet without help.
There are many sites that offer odds comparators (free services) or email alerts (subscription services) when a Sure betting opportunity arises.
Free odds comparisons are useful tools for betting at the highest odds if you have accounts with many sports betting sites. However, don’t hold out any hope of using them to find an arbitrage account in sporting events: Bookmakers are very quick to adjust and adjust their odds when they don’t match!
The only services that give you a real chance to place a Sure bet are email alert services. They will send you an email as soon as they discover a Sure bet and can provide thousands of such alerts every day.
To justify the cost of email alert services and take advantage of these rare opportunities, you need to: