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What is a live sure bet and how to place it?

The Sure Bet presents itself in the world of sports betting as an alternative for those users seeking safe profits. These bets, that some may also know as sports betting arbitrage, allow players to take advantage of discrepancies in the odds offered by different online bookmakers and guarantee earnings independent of the outcome of the sporting event. In this article, we’ll explore what sure bets are, how they are formed and how bettors can take advantage of this strategy to get consistent returns on their betting activity.

How to make a good live sure bet?

A Sure Bet is a strategy used in sports betting to obtain guaranteed profit by taking advantage of the differences in odds offered by different bookmakers.

In simple terms, a Sure Bet occurs when odds are found that, when correctly combined, guarantee profit regardless of the outcome of the sporting event. This is achieved by betting on all possible options available for the result of an event and adjusting the amounts wagered based on the odds offered.

Let’s look at an example using real teams:

• Suppose that there is a basketball game between the Los Angeles Lakers and the Miami Heat. Bookmaker A offers odds of 2.00 for Los Angeles to win, while bookmaker B offers odds of 2.10 for a Miami win.

To secure a Sure Bet, the bettor will have to divide his total budget between the two bookmakers and place proportional bets.

• Let’s assume that the total betting budget is 100 euros. In this situation we would place a 50 euro bet on an LA Lakers win at bookmaker A and a 50 euro bet on a Miami Heat win at bookmaker B.

Now, let’s analyze the potential earnings.

• If the Lakers win the game, the returns from bookmaker A would be 50 euro x 2.0 = 100 euros. At bookmaker B, we would lose our 50 euro bet on the Miami Heat. Nonetheless, in total we would have bet 100 euros and seen 100 euros returned, obtaining net earnings of 0 euros.
• If the Heat win the game, we would lose the 50 euro bet at bookmaker A. However, we would win the bet at bookmaker B with odds of 2.10, thus receiving a return of 105 euros. In total, our net earnings would be 5 euros for this outcome.

As you can see in the above example, we put ourselves in a position to guarantee a profit with one outcome and break even with the other outcome. With there being no possible risk for losing money and seeing a profit roughly 50% of the time (given the probability of the above odds), it’s an ideal position to be in for a sports bettor.

New example: I observed that Federer was injured at the start of the second set. The Swiss player begins to struggle and calls his physiotherapist. In this moment, we see that an abandonment of the match would result in a bet being refunded and in the case that Federer continues, a win for him would be quite complicated. Therefore, the most interesting position would be to wager on a comeback win for Murray, but always ensuring that in the case that Federer wins we are able to recuperate the capital invested.

The bookmakers are aware of the slight injury to Federer and the odds on Murray drop from 4.60 to 3.80. We therefore decide to bet on a hypothetical victory for Murray.

We therefore bet €50 at odds of 3.80 for Murray to win. If Federer wins we will have zero losses. On the other hand, if Federer ends up losing this match we would win €40 (50 x 3.8 = 190 - 50 - 100 = €40).

Remember, a Sure Bet is not always necessary. If a well-analyzed bet begins in a positive way, it’s possible that the odds for the opposite bet would be unfavorable to bet on. In this case the best course of action is to continue normally with the straightforward bet.

How to discover a Sure Bet?

Discovering a Sure Bet requires a careful analysis of the odds offered by various bookmakers. Below are some common methods used to find good opportunities:

• Odds comparison: The key to discover a Sure Bet lies in finding discrepancies in the odds offered by different bookmakers for the same event. Bettors must compare the odds and look for significant differences that allow them to take advantage of the arbitrage strategy.
• Utilize odds comparison services: Services exist online that compile and compare the betting odds offered by different bookmakers in one place. These services make it easier to search for discrepancies and save the bettor valuable time. Among the most popular that we came across are OddsPortal, OddsChecker, BetBrain and BetExplorer among others.
• Tracking changes in the odds: Betting odds can change rapidly depending on factors such as player injuries, last minute news or large betting action. It’s important to be attentive to these changes and act quickly to take advantage of the Sure Bet opportunities before they disappear.

In short, discovering a Sure Bet requires patience, analysis and a relentless comparison of the odds offered by online bookmakers. By using methods such as odds comparison and tracking changes in the odds, bettors can identify arbitrage opportunities and obtain guaranteed winnings.

Here are some other strategies and tips on how to maximize your Sure Bet potential.

• One of the key aspects is to check the bookmakers’ terms and conditions. Each site might have specific restrictions related to the Sure Bet strategy, which is why it is crucial to read and understand the rules to avoid these problems in the future.
• Additionally, it’s important to review the maximum bet amount allowed by each bookmaker. These limits could affect your ability to make proportional bets and get significant profit. Before making a Sure Bet, verify the limits and adjust accordingly.
• Another important tip is to have accounts on different bookmakers. This will allow you to easier compare odds and find discrepancies. Additionally, having accounts on different sites gives flexibility and options to make bets. By diversifying your accounts, you increase your possibility to find arbitrage opportunities.
• Finally, keeping a detailed record of your bets is essential. Record the bookmakers used, the odds, the amounts bet and the results. This will help you to evaluate your performance and adjust your strategies in the future.

In conclusion, to make effective Sure Bets, verify the terms and conditions, review the maximum betting amounts, have accounts at different books and keep a detailed record of your plays. These tips will help you to maximize your winnings and minimize your risk when making Sure Bets.

Overview of live Sure Bets

Live Sure Bets or sports arbitrage are strategies used by bettors to obtain guaranteed profits by taking advantage of differences in odds offered by different bookmakers. To uncover these lucrative opportunities, it is important to compare odds, use odds comparison services and be attentive to changes in the odds. Additionally, keep in mind the terms and conditions of the bookmakers, the maximum betting amounts allowed and to diversify your betting accounts across various sites. By applying these strategies, bettors can increase their chances of success and make consistent profits in the exciting world of sports betting.