How to Get Profit From Surebets

The main benefit of sports betting arbitrage is 100% risk-free profit no matter the outcome. In such a case, the profit typically ranges from 3 to 15% of the total bets. I think you would agree that it is a pretty good income.

A surebet is an arbitrage opportunity where placing bets on opposing outcomes of the same event at different bookmakers ensures a guaranteed profit.

Basic reasons for surebets appearance:

1. Intense competition forces bookmakers to overstate the odds.

2. Bookmakers belatedly react to the change of their competitors' odds.

3. Bookmakers make mistakes when setting odds.

As a result, there is a great difference between bookmakers’ odds due to which surebets appear.

All arbitrage opportunities are categorized into live and prematch. Live surebets arise during ongoing sports events, whereas prematch surebets are found in matches scheduled to begin at a later time.

Prematch arbs are characterized by a slow change in odds, so they are most suitable for beginners. Experienced surebet players will certainly prefer Live surebets, since they bring much more tangible income.

Now let us proceed to consider the strategy on the example of a basketball match between Team 1 and Team 2.

1st sportsbook: Team 1 wins - @1.7; Team 2 wins - @2.9.

2nd sportsbook: Team 1 wins - @1.9; Team 2 wins - @2.7.

As we can see, the odds of the same outcome are different. Now let us calculate a surebet.

We choose the highest odds for each outcome: Team 1 wins - @1.9; Team 2 wins - @2.9. The formula is as follows: 1 / Team 1 win + 1 / Team 2 win = А

If A is less than one, it means the surebet exists. In our case, we get the following value: 1 / 1.9 + 1 / 2.9 = 0.53 + 0.34 = 0.87. Therefore, the surebet makes out. What concerns profit, it would be: 100% / А-100 = 15% (14.79%, to be more precise).

Suppose that we have $500 in total for these two bets. In this case, we need to wager 240 USD with 2.9 odds and 260 USD with 2.7 odds. As a result, we will get following profits no matter the result of this particular sports event:

2.9 * 240 = 696 - 500 = 196 USD.

2.7 * 260 = 702 - 500 = 202 USD.

As you can imagine, it is quite complicated to find atnand calculate them on your own. That is why most bettors use special surebet scanners. These services collect odds from bookmakers’ lines, compare them, determine arbitrage situations and deliver them to clients.

BetBurger is widely recognized as a top-tier arbitrage betting scanner. Since its launch in 2013, it has earned a strong reputation among thousands of professionals. To date, over 100,000 users have taken advantage of its features.

What sets BetBurger apart is its extensive range of surebets, along with its speed and accuracy in scanning. The platform gathers odds from more than 210 markets across 46 sports and 500 bookmakers. In addition to arbitrage betting, BetBurger is also highly effective for strategies like value betting and bookmaker middles.

BetBurger scanner is also remarkable for its extensive additional functionality (the direct links to bookmakers, the menu for hiding unnecessary surebets, recording bets, propositions feature etc.).

Now, let’s take a closer look at some of its features. Through the Propositions page, users can request the addition of new bookmakers to the scanner. If a request receives enough community support, the suggested bookmaker will be added promptly.

An accounting tool can be your irreplaceable assistant if you would like to track your bets and deposits. You’ll find all the necessary information in one place. It is impossible not to mention the close odds function, which is displayed as a drop-down list and allows you to choose the best odds for the selected outcome of a sporting event

As you can see, the arbitrage betting strategy is not as difficult to work with as it might seem at first glance. The surebet scanner can be of great help and make your work more efficient and profitable.

The American Gaming Association reminds that all bets must be wagered wisely because sports betting can be addictive.