Arbitrage betting or sure bets is a profession in itself. Some earn a living from it. But it's not easy! It is important to know that several non GamStop bookmakers prohibit it. But there are also some bookmakers who allow it.
Isn't that fascinating? Below we explain how it works.
| Facts About Sure BettingProfitability: Sure betting can be highly profitable if executed correctly.No Risks!: Sure betting is a risk-free strategy because it eliminates the possibility of loss!Limited Opportunities: Sure betting opportunities are very rare.Technology & Automation: With the advancement of technology, there are now software and tools available that can help bettors identify sure betting opportunities. |
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How Does Sure Betting Work?
With sure betting, a player looks for opportunities to win guaranteed. He looks for “sure bets”. He (or she) bets on all possible outcomes of a match and uses bookmakers in such a way that the expected payout is always more than the original stake. This is rarely possible in practice, but there are occasional opportunities to do so.
This allows the player to earn money without taking any risks.
Below is an example of how this works in practice.
The player can wager on a match. For example, he chooses a 1X2 bet on a sports match.
If the home team wins (“1”), he will receive 1.48 times the stake with Bookmaker 1, 1.45 times the stake with Bookmaker 2 and 1.53 times the stake with Bookmaker 3. In short, with Bookmaker 3 he will receive the highest payout.
Similarly, with non GamStop Bookmaker 2, he gets the highest payout if he wagers on a draw (“X”). And at bookmaker 1 he gets the best odds for a victory for the away team (“2”).
The interesting thing is that if he bets “1” at Bookmaker 3, bets “X” at Bookmaker 2 and bets “2” at Bookmaker 3, he will end up with an expected payout of 100.8%.
| 1 | X | 2 | payout% | |
| Bookmaker 1 | 1.48 | 4.6 | 7.0 | 96.5% |
| Bookmaker 2 | 1.45 | 5.1 | 6.7 | 96.6% |
| Bookmaker 3 | 1.53 | 4.5 | 6.3 | 96.7% |
| Max | 1.53 | 5.1 | 7.0 | 100.8% |
You can see that he is guaranteed to make a profit with this trick. He therefore benefits from a “sure bet”. Suppose he bets no less than €1,000 with all three non GamStop bookmakers (so €3,000 total bet), then he can easily get €24 out of this (calculated as 0.8% multiplied by €3,000).
If he does this trick for 10 matches a day, so to speak, he will earn €240 in one day.
Can You Get Rich With It?
As we describe it, it sounds very simple. That's the theory.
In practice things are less simple.
For starters, many bookmakers do not allow sure bets. They want to prevent players from making money in an “unfair” way, at the expense of other players.
Start Registering With Multiple Non GamStop Bookmakers
In any case, it is better to have an account with several non GamStop casinos, because then you can look for the sportsbook with the best odds for the wagers you want to make.
Sometimes Betcity has the best odds for a bet, sometimes Spinland and Sport have better odds, and sometimes this applies to Ninewin, or Gorillawins Sport or Jokabet Casino and so on.
Palm Casino indicates in its commercials that you should only play at Palm Casino. Smart idea from Palm Casino, from her point of view, but you are definitely doing yourself a disservice as a player. Yes, Palm Casino will probably have the best odds for a certain bet every now and then, but certainly not for all bets.
In short, if you want to be smarter, open accounts with multiple non GamStop bookmakers. And who knows, you might find opportunities to place your sure wagers!
