Surebets, also known as Sure-Bets, are a form of arbitrage betting where profit is guaranteed by betting on all possible outcomes with different bookmakers. The key lies in taking advantage of discrepancies in odds, allowing bettors to secure profit regardless of the event’s outcome.
How Surebets Work
Imagine a match where one bookmaker offers high odds on Team A, while another gives favorable odds on Team B. By strategically splitting your stake, you ensure that your return covers the total bet, yielding a profit.
Example Calculation:
Outcome 2: If Team B wins, you receive €220 (€110 × 2.0), resulting in the same €10 profit.
Place €100 on Team A at 2.1 odds with Bookmaker 1.
Bet €110 on Team B at 2.0 odds with Bookmaker 2.
Outcome 1: If Team A wins, you gain €210 (€100 × 2.1), netting €210 – €210 stake = €10 profit.
Use our Arbitrage calculator for easy calculation
Tools for Surebets
Finding Surebets manually can be challenging. Using specialized software and comparison tools is essential to detect real-time discrepancies. Popular tools highlight the most profitable opportunities by scouring odds across multiple platforms.
Important Considerations
- Bookmaker Limits: Some platforms may flag or limit users who frequently capitalize on Surebets.
- Speed Matters: Odds can change quickly, so acting fast is crucial.
- Account Balances: Maintain funds across several bookmaker accounts for swift execution.
Challenges with Surebets
- Detection and Action by Bookmakers: Repeated use of Surebets might lead to reduced betting limits or account restrictions.
- Fees and Exchange Rates: Watch out for potential hidden costs, such as transaction fees or unfavorable currency conversions when betting internationally.
