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If there is a win-win sports betting strategy, why don't all bettors use it? Ask yourself this question before looking for some win-win scheme. Yes, in theory such betting strategies are possible. We will look at their examples. But in reality, it is better to focus on finding ways to minimize risks.
Win-win sports betting strategy: search for surebets
Win-win sports betting strategy: search for surebets
Win-win sports bets are bets in which the outcome of the event is not important for making a profit. This situation is called a fork.
The player makes a bet on two or more outcomes so that he will make a profit in any case.
For example, in a tennis match there are equal opponents. For many years, such duels included meetings between Nadal and Federer. Inflated odds could most often be found on such players.
Let's imagine that in one office for the victory of Nadal they gave a coefficient of 2.10, and in another for the victory of Federer - 2.08.
We make two bets on opposite outcomes of 1000 dollars each. One of them will definitely win, let's say - the first:
- First bet payout - $2,100, net profit - $1,100;
- Loss on the second - 1000 dollars;
- The net profit on the fork is $100.
But the use of arb bets in bookmakers will not bring a stable profit over the distance and may even lead to losses.
Bookmakers calculate arbers and apply different sanctions:
- limit the size of the maximum rates;
- block accounts;
- canceled bets.
Such a theoretically win-win betting strategy can fail in the following situation:
You bet in different bookmakers on opposite outcomes. On a winning bet, the bookmaker can make a refund based on an error in the odds. Then the amount from one bookmaker will return, and in another bookmaker you will lose money.
Catching up betting strategy: myths and reality
Back in the 19th century, casino players invented numerous financial systems leading to indispensable profit.
Such schemes work on the principle of catch-up: you need to increase each next bet so that the winnings cover all previous losses and make a profit.
Catching up is based on a simple axiom of probability theory: if two opposite events happen with equal chances, each of them will necessarily occur in a series of repetitions.
So, when playing roulette, you can constantly bet on red, and someday it will fall out. However, in the casino you will not be allowed to do this and will simply be asked to leave the table.
In a bookmaker's office, the catch-up strategy is in theory suitable for betting on football, tennis, basketball and other sports.
For example, in the English Premier League season 2019/2020, West Ham performed worse than experts expected. Therefore, the odds for his wins were almost always higher than 2.00.
Let's form a catch-up series:
- we bet 1000 dollars on the victory of West Ham in the match with Manchester City on February 19, 2020 with a coefficient of 18.00 - a loss;
- 2000 to win against Liverpool on February 24 at odds of 16.00 - lose;
- 4000 to win against Southampton on February 29 at odds of 2.50 is a win. The match ended 3-1 in favor of West Ham.
- in the first two bets lost 3000 dollars;
- the payout on the won bet is $10,000, and the net profit is $6,000;
- 6000 - 3000 = 3000 dollars - net profit for the catch-up series.
In addition, bookmakers limit limits or completely block accounts for players suspected of using catch-up. Therefore, such sports betting strategies will not bring the desired result in reality.
How not to lose money due to bets at bookmakers
The main goal of many players is to find a strategy with minimal risk. The task of such a strategy is to prevent large losses.
The following four rules protect against losing the amount that will reset your game bank:
- you need to have a deep understanding of the sport, tournament, event on which the bet is made;
- it is important to adhere to the distance betting system. For example, if you play football betting strategy against the favorites, follow it even with a series of failures;
- be sure to choose the principle of financial management - flat, the Kelly criterion, a fixed percentage from the bank or any other insuring against draining large sums;
- remove the emotional component as much as possible - excitement most often leads to the loss of large amounts of money.