[Masu485]

Are sure bets the same as arbing?

How do you go around betting them? I know you must need a ton of different accounts at different books.

Also, where would you get a calculator to figure out how much to bet on each outcome to maximize return?

[JohnAnthony]

All bets are sure bets until it's midway in the game and we're not that sure anymore.

[reno cool]

an arb would be a sure bet. yes
If neither side has larger expected value you should bet an amount which will return same profit regardless of outcome. And if there's no other risk, such as being stiffed or not getting both bets down in time you can bet up to your entire bankroll.

[Peeig]

there is a calculator right here on this website that will help you with this

[mihaita666]

for maximizing profit in soccer, use www.oddsway.com
usually, pinnacle has the best odds

[solring]

I has lox

[Peeig]

Originally Posted by solring

I has lox

[LT Profits]

Originally Posted by Masu485

Are sure bets the same as arbing?

How do you go around betting them? I know you must need a ton of different accounts at different books.

Also, where would you get a calculator to figure out how much to bet on each outcome to maximize return?

http://www.sbrforum.com/Betting+Tool...alculator.aspx

[marcoforte]

No such thing.

[Dunder]

Yes. Sure Bet = Arbitrage

You will find it very difficult to make significant profits this way, however.

Put simply there are a number of sites which flag sure bet/arbitrage opportunities. Because of this you:

a) Would have to have accounts and available balance at a very large number of books (pretty much all of the ´safe´ European, Asian and US facing sites). If not, by the time you have made deposits and tried to place the bets, the opportunity will have gone.

b) Will be consistently be part of a flood of money, which is trying to get on at the same time. Books will therefore quickly identify you as an arber, at which time you can expect limits to be imposed.

It is also the case that the majority of "Sure Bet" opportunities arise in less mainstream (and thus less efficient) markets, where most books, anyway do not accept large bets.

[Karayilan9]

At some exchanges you can place a bet early that you think or know will drop then lay it and make a profit before the game making it a sure bet. Or you can lay in game and make it a sure thing.

[Arilou]

If it was so sure, you wouldn't call it a bet.

[Rocki]

Originally Posted by Karayilan9

At some exchanges you can place a bet early that you think or know will drop then lay it and make a profit before the game making it a sure bet. Or you can lay in game and make it a sure thing.

This is known as trading and there is software available for it. Much like trading the stock market, if it goes your way then you can profit and if not then you lose money.

I have been studying the three methods sportsbook betting strategies arbitrage (surebet), trading and gambling through handicapping. By reading the forum I do not dare even suggest which services that I am looking at as I will be considered a spammer. What I can tell you is that I have funded an e-wallet and intend to do some or all of the above.

Arbitrage in theory is to place a bet on all outcomes thus profiting on both outcome because the winning is greater than both outcomes.

For example:

Team A euro odds are 3.0
Team B euro odds are 2.0

staked $100 on Team A and they won you would win $300
stake $150 on Team B and they won you would win $300
so in summary you would be ahead $50 (WIN $300- total bet $250)
note that the average arbitrage is 1-2% and not 20% like in this example

In order to "arb" as they call it you need a large bankroll as you can work your way up in about 8-12 months to roughly 10% monthly return. But there is many pitfall like getting limited by bookmakers, and if you cannot get the right odds on the second bet you end up with a negative arbitrage or worse yet if the game started then you are gambling maybe on a team that will most likely lose. Arbitrage can be done, but it will take a lot of preparation and learning to do it successfully.

If someone else is looking to try to make money at sports betting and want to compare notes offline please PM.