Arbitrage betting or sure bets is actually a way of betting which has 100% winning chance. So what is so special about it and what you should do? When it comes to doing your tennis picks, Tennis-Picks provide you with guidance for arbitrage tennis betting.
First, you have to choose an event and then two bookmakers. If you pick them correctly, then you can distribute your money among the bookmakers in such a way that you will have sure profit, regardless of the final result of the particular tennis match. In this respect, when you are choosing a bookie you must look for the ones, which offer the highest odds.
Our advice is to apply the strategy of arbitrage betting for the three possible outcomes. Sure bets, which include a draw as an option, are similar to those which do not. The only difference is that you will need to place your bets in three bookmakers, not two. The first one has to have the largest odd for a victory of player A, the second one must have the highest odd for a draw, and the third one, respectively, must have the greatest odd for a win of player B.
So, we assume that player A plays against player B. The odds of the first bookie are as follows: 1.90 for a win of player A, 3.55 for a draw and 5.0 for a victory of player B. The second bookmaker offers the following odds: 1.72 for a victory of player A, 3.55 for a draw and 5.0 for a win of player B. And the odds in the third bookie are: 1.65 for a victory of player A, 3.45 for a draw and 5.60 for a win of player B. So, the question is: how do you calculate the arbitrage bet?
In our example the highest odds are: 1.90 for a win of player A (the first bookie), 3.55 for a draw (the second bookmaker) and 5.60 for a victory of player B (the third bookmaker.
You have to determine how much you are going to spend. That amount may be $100, for instance. In order to understand whether the bet is sure or not, you have to divide the sum of all odds as follows: 100/1.90+100/3.55+100/5.6=98.6577. You have a result which is less than 100, which means that your bet is an arbitrage.
That is great, so here is how you should bet now:
100/1.90 = $52.63 – your stake in the first bookie, for a win of player A
100/3.55 - $28.17 – your stake in the second bookie, for a draw
100/5.60 = $17.86 – your stake in the third bookie for a win of player B
If you bet in that way, then you will earn $1.34, regardless of the final result of the certain event! You don’t need to spend much time in preparing tennis predictions. The strategy of arbitrage betting will help you earn every time!