In the unpredictable world of betting, what can be better than sure bets or a guaranteed bet? Like its name would suggest, and if everything is done correctly, a sure bet is bound to bring you profits. We know this may sound too good to be true, but you can do it also. Now that we’ve hopefully managed to pique your curiosity, you should definitely read on to find out more.
What Are Sure Bets?
Sure bets, also known as an arbitrage bet, or our personal favorite, miracle bets is a successful betting strategy that aims to reduce the risk involved and guaranteeing you a profit. It is a tactic that is easy to learn and can be used across a variety of competitions and betting markets.
Mainly, a sure bet involves placing a bet on all the outcomes of a match, in such a way that you will make a profit regardless of what happens. If done correctly, you virtually cannot lose. At the least, you can reduce the amount of money that you lose, when compared to the losses of a regular straight bet.
If you’re familiar with hedging, you might think this sounds familiar. It is, but with sure bets, you place wages with multiple bookmakers, taking advantage of the different odds that they provide. It may be a little tricky at first, but with a bit of practice, you’ll be successful professional bettors in no time.
Example Of Sure Bets
To make things a little clearer, here is an example. Take a football match between England and Brazil, for example. Now there are 3 possible outcomes, win, draw or lose – a 1×2 bet, and you believe that a draw is unlikely, but both of them have an equal chance of winning.
1. Here are the odds bookie #1 is offering-
- 1 – 1.8
- X – 3.6
- 2 – 3.3
You stake $75 on England, the home team to win. If they do win, your total payout would be $135, a profit of $60.
2. A different bookie is offering these odds-
- 1 – 2.8
- X – 4.0
- 2 – 3.8
You bet $50 on Brazil, making your total payout $190, a profit of $140.
If England wins, you be making a profit of $60 from bookie #1, but losing $50 from bookie #2, leaving you with $10.
If Brazil wins, you would be making a profit of $140, but you will lose $75 from bookie #1, and you will be left with $65.
As you can see, it does not matter who wins or loses, you will end up with a profit regardless. At times, the end profit you’re left with may not be as high as it could have been if you would have bet on one option, but sure bets are all about low risks and average gains, as opposed to high-risk, high-profit betting situations. They’re essentially a safe way to go about your gambling business.