Guaranteed wins with the Oddspedia Sure Bets
Sure bets or arbitrage bets arise from differing opinions on the possible outcomes of a game. They may also result from the overstated odds of competing bookmakers. The odds discrepancies may also be due to mistakes made by online sportsbooks. With arbitrage betting, you have to place bets on all possible outcomes of a match, and you are guaranteed profit regardless of the result.
Finding sure betting opportunities can be challenging, and that is why you need to use Oddspedia. This website processes odds from various sports betting sites and uses mathematical formulas to determine the profit margin of certain wagers. You can turn on the auto-refresh feature in the sure bets section of Oddspedia to get the latest arbitrage bets. The site allows users to set the refresh times at 15 seconds, 30 seconds, 60 seconds, and 120 seconds.
Get the Best Sure Bets for Today
You can get guaranteed profit if you use the best sure bets on Oddspedia. The advantage of using sure bets is that you won't have to rely on luck as profits are guaranteed regardless of the outcome. Oddspedia updates its sure bets continually, so you can keep checking the page to see the best sure bet predictions today.
How to calculate sure bets
You can determine whether a sure bet is worth it by calculating the possible winnings. The best way to calculate sure bets is by using a dedicated calculator like the one offered by Oddspedia. You will need to split your bet as you have to place wagers on all possible outcomes of the games.
You can find sure bets by checking whether this formula holds true:
(1/TeamA odds) + (1/Draw odds) + (1/Team B odds) < 1.
You will have to split your bankroll to ensure that you make a guaranteed profit. If the sure bet has an expected profit of 2% and you intend to wager a total of $100, you should split the $100 bet to ensure that all outcomes give you a $2 profit. You can do this by dividing the expected win of $102 by the odds.
Sure Bets FAQ:
How do surebets work?
Sure bet opportunities, also known as arbitrage bets, are scenarios that ensure a profit regardless of the outcome of the event. These involve placing wagers on all possible outcomes—such as a home win, away win, or draw. To capitalize on sure bets, you’ll need to allocate your bankroll strategically so that each wager guarantees a return.
What is arbitrage betting?
Arbitrage betting is a form of sports betting strategy that allows you to place wagers on all possible outcomes of an event, ensuring you will make a profit regardless of the game results. This is possible because bookmaker websites may have differing opinions on the matches. Arbitrage betting is a great way of making consistent profits as you no longer need to rely on pure luck when making bet predictions.
Are arbitrage bets challenging to find?
Finding arbitrage betting opportunities can be challenging, but you can streamline the process by visiting Oddspedia's sure bets section. To stay updated on the latest opportunities, enable the auto-refresh feature, as odds can change quickly. Additionally, selecting your country in the sure bets section ensures that you only see odds from sportsbooks that accept players in your region.
Is arbitrage betting legal in Canada?
In Canada, there are no laws against arbitrage betting, so you can't be prosecuted for using these opportunities to guarantee profits. However, some sports betting sites will ban you for using sure bets as it guarantees them losses.
To lower the chances of getting banned, you should consider rounding off your bets to the nearest dollar. Also, it helps to avoid placing maximum bets. You can check the terms and conditions of the betting sites to see their rules on arbitrage betting.
What are high sure bets?
High sure bets are arbitrage bet opportunities that have high profit margins. That means you will make a lot of money from every dollar wagered. Generally, sure bets with more than 5% profit margins are considered high sure bets.
