Surebets – Guaranteed Profits in Sports Betting
Sports betting usually involves risks, but Surebets offer a unique opportunity to secure guaranteed profits. This strategy, also known as arbitrage betting, takes advantage of differences in odds between bookmakers. But how does it work, and what steps do you need to follow? In this article, you’ll learn everything you need to know about Surebets.
What Are Surebets?
Surebets are bets where you place wagers on all possible outcomes of an event with different bookmakers, ensuring a guaranteed profit regardless of the result. This is possible when bookmakers offer varying odds for the same event.
Example:
- Bookmaker A offers odds of 2.1 for Team X to win.
- Bookmaker B offers odds of 2.2 for Team Y to win.
- By distributing your stakes accordingly, you can secure a guaranteed profit.
How Do Surebets Work?
Surebets are based on arbitrage, which means exploiting differences in odds between bookmakers to cover all possible outcomes of an event. The calculation is performed using the following formula:
- If the result is less than 1, it is a Surebet.
- You then distribute your stakes proportionally across both outcomes to guarantee a profit.
Example Calculation:
Include the image above to visually explain the formula and make the concept more accessible for readers. The visual representation simplifies understanding for those unfamiliar with mathematical formulas.
Example of a Surebet
Imagine a match between Austria and Serbia, where three bookmakers offer the following odds:
- Austria wins (Odds: 2.10)
- Draw (Odds: 3.50)
- Serbia wins (Odds: 6.50)
You want to bet a total of €100 and determine if a Surebet is possible.
Step 1: Distribute Your Stakes
First, you allocate your total stake proportionally across all three outcomes. This ensures that the potential profit is the same for every scenario. The formula used is:
Step 2: Calculate the Potential Profit
Now, calculate the profit for each outcome by multiplying the stake with the respective odds:
In every scenario, the profit remains consistent, approximately €109.25.
Step 3: Calculate the Guaranteed Profit
To determine the guaranteed profit, subtract your total stake (€100) from the consistent profit:
This means you earn a guaranteed profit of €9.25 without taking any risks.
Advantages of Surebets
- Guaranteed Profit: You win regardless of the outcome of the game.
- No Risk: Unlike traditional betting, there’s no risk of losing your stake.
- Quick Returns: Surebets provide an efficient way to earn small but consistent profits regularly.
Disadvantages of Surebets
- Time-Consuming: Finding differences in odds requires extensive research.
- Bookmaker Limitations: Bookmakers may limit your account if they detect arbitrage betting.
- Capital-Intensive: Significant profits often require larger stakes.
Steps to Successful Surebetting
- Use Tools and Software: Utilize Surebet scanners that automatically detect differences in odds.
- Compare Bookmakers: Sign up with multiple bookmakers to access a variety of odds.
- Calculate Stakes Accurately: Distribute your stakes proportionally across all outcomes to maximize profits.
- Act Quickly: Odds often change rapidly, so act fast to take advantage of the Surebet.
Avoiding Mistakes
- Inaccurate Calculations: Errors in stake distribution can jeopardize your profits.
- Fees and Currency Conversion: Account for transaction fees or currency differences, as these can reduce your profit.
- Unsuitable Bookmakers: Some bookmakers are sensitive to arbitrage betting and may restrict your account.
FAQ Surebets
Yes, Surebets are legal. You’re simply taking advantage of odds differences between bookmakers.
Bookmakers assess probabilities differently and adjust their odds based on market movements.
Yes, bookmakers may limit or close your account if they suspect arbitrage betting.
Typically, you can earn 2–10% profit per Surebet. Higher stakes lead to greater earnings.
