Thursday, 16 January 2014

Sure bet 1

Sure bet

A sure bet is at least two placed bets with seperate bookmakers on different outcome for the same event, which creates a winning by any outcome. Bookmakers create different odds due to them judging the likelihood of an outcome differently. The Key Rate for a surebet would be above 100%.

Example:
Bookmaker A- offers the over 2,5 goals for odds of 1,9.
Bookmaker B- offers the under 2,5 goals for odds of 2.2.

That creates a Key Rate of: 101,96 %

The stake would be placed according to the odds, in our example:

53,66 % on over 2,5 Bookmaker A
46,34 % under 2,5 Bookmaker B

The winning would be 1,95 % by any outcome.

 Sure bets should only be used by experienced gamblers as there are several risks such as short notice change of odds, technical issues at bookmakers, stake limits, different policies for the postponement of events or cancellation of bets.

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