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Surebets (arbitrage bets or simply arbs)!?! Yes, it have way to bet without risk. Our target is to teach You what is arbs, how they works, how to find them (with or without Our help). HOW IT WORKS: Arbitrage bet is bet on ALL outcomes of some event in different bookies using maximal odds. Example : We have football event and 50 DIFFERENT bookies. We looking for maximal odd for home win. Let it be bookie A who offer 2.2 for home win, 3.2 for draw and 2.8 for guest win. Same for draw - bookie B ( 2.0 ; 3.5 ; 3.4), and guest win - bookie C ( 1.6 ; 2.8 ; 4.5).
Next step is to find payback for this max odds. In our example it is 103.9% - which can be realized:
Our total stake is 100 , but we win in worst case 103.4 HOW TO CALCULATE THE PAYBACK: Let maximal odds are K1 for home win, KX for draw and K2 for guest win.
HOW TO CALCULATE STAKES: Payback divide by odd is equal to stake.
In excel table which we offer for download formulas is more complicated because we should get integer stakes. Here we should make some notes:
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103.9/2.2 = 47.227(GMT+2)
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