Live Surebetting
by Valeria Di Meglio |
Before anything else, we invite you to read the explanatory article on Sure Bets.
How can you place a good live Sure bet?
Let’s use the example of a tennis match to illustrate our live Surebetting. After performing an in-depth analysis of the Federer-Murray match, I decide to place a £100 bet on Federer, at odds of 1.5. Federer very luckily wins the first set 7-6, but doesn’t seem to be on his best form.
Despite everything, his odds are on a downward trend and drop to 1.18 on Bwin. At this time, the highest odds for a Murray win are set at 4.6. As I’m not very confident about the outcome of this match, I decide to place a live Surebet, while keeping any profit I might make on a Federer win.
So I wager a sum that will allow me to be refunded if the Scotsman wins. In this case, I’m hoping to win at least £100. Therefore, I wager £28 at odds of 4.6 (28 x 4.6 = 128.8 – 28 – 100 = £0.80). If Murray wins, I’ll make a profit of £0.80. But if Federer triumphs, my profit will be £22 (100 x 1.5 = 150 – 28 = £122).
The advantage in this situation is you can adjust your bets according to the winnings you hope to earn.
How can you adapt your Sure bet according to the events?
New example: I notice that Federer is carrying an injury at the start of the 2nd set. The Swiss’ game falters, he rubs his back and calls for the physio. At this moment, I know that Federer's retirement from the match would mean a refunded bet and that even if he continues the match, he is likely to be hampered by the injury. It would be in my interest to bet on the resurgence of Murray, while making sure that I’ll be refunded if Federer wins.
The bookmakers notice this slight injury and the odds on Murray drop from 4.6 to 3.8. All the same, I decide to place any winnings on Murray.
Therefore, I wager £50 at odds of 3.8 on Murray. If Federer wins, I’ll have zero losses. On the other hand, if Federer continues this match and loses, I’ll win £40 (50 x 3.8 = 190 - 50 - 100 = £40).
Please note: A Sure bet is not always necessary. If a perfectly analysed match starts in the best possible way, it is quite possible that the odds for the reverse bet are incorrectly adjusted and thus too low in your opinion. In this case, you can let your bet take place normally, while keeping an eye on how it goes.
