How to know if we have a Surebet

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pescu23
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How to know if we have a Surebet

Thu Oct 10, 2013 2:43 pm

Hi,

I read a quickly system to find if two (or three) odds gives us a Surebet. And maybe some users can find interesting.

For a 1X2 match:

10/odds for 1 + 10/odds for X + 10/odds for 2

If the result is < 10. You have a Surebet!
muttley
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Re: How to know if we have a Surebet

Thu Oct 10, 2013 7:42 pm

@pescu23

I did not understand. Could you please give us an example?
Thanks!
pescu23
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Re: How to know if we have a Surebet

Thu Oct 10, 2013 8:14 pm

muttley wrote: @pescu23

I did not understand. Could you please give us an example?
Thanks!
Of course, is a easy calc, here is an example:

Germany U21 - Montenegro U21
Football
BET 1: GERMANY  2.31
BET 2: X 4.3
BET 3: MONTENEGRO 3

10/2.31 + 10/4.3 + 10/3 = 4.33 + 2.325 + 3.33 = 9.985

So is a surebet, a small one because the result is close to 10.
Last edited by pescu23 on Thu Oct 10, 2013 8:17 pm, edited 1 time in total.
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Re: How to know if we have a Surebet

Fri Oct 11, 2013 4:30 pm

isservilles wrote: don't search about surebets because all your accounts will be limited or closed
lol lol lol

really? seriously??

ok i wont search for any surebets then :D
kapetan1122
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Re: How to know if we have a Surebet

Fri Oct 11, 2013 5:09 pm

For 2 way arbs its pretty simple i think:
A*B should be over A+B
For example odds 1.52-3
1.52*3=4.56  and  1.52+3=4.52
or 1.25-5.2
1.52*5.2=6.5  and  1.25+5=6.25
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Re: How to know if we have a Surebet

Fri Oct 11, 2013 9:01 pm

pescu23 wrote: Hi,

I read a quickly system to find if two (or three) odds gives us a Surebet. And maybe some users can find interesting.

For a 1X2 match:

10/odds for 1 + 10/odds for X + 10/odds for 2

If the result is < 10. You have a Surebet!
Pescu. This formula is the basic formula for surebets (for independent outcomes). Or am I missing something?
No matter if there are 2 outcomes, 3, 4 or 12 :-)
1/odd(1) + 1/odd(2) + 1/odd(3) + ... + 1/odd(n) < 1 then it's a surebet.
I tried to post an explanation here: http://surebettracker.com/LetsBlog/learning-center/calculating-arbitrages/

How do you calculate arbitrage opportunities on BetsOnFire?
Last edited by ppintaluba on Fri Oct 11, 2013 9:21 pm, edited 1 time in total.
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Re: How to know if we have a Surebet

Fri Oct 11, 2013 10:56 pm

In more complex cases, when there is overlapping, the formula doesn't hold. For example : H1(0) - X - 2.
pescu23
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Re: How to know if we have a Surebet

Fri Oct 11, 2013 10:58 pm

This is the way we do :) I learned interesting stuff building betsonfire and I thought maybe was interesting to share with the community!
Pescu. This formula is the basic formula for surebets (for independent outcomes). Or am I missing something?
No matter if there are 2 outcomes, 3, 4 or 12 :-)
1/odd(1) + 1/odd(2) + 1/odd(3) + ... + 1/odd(n) < 1 then it's a surebet.
I tried to post an explanation here: http://surebettracker.com/LetsBlog/learning-center/calculating-arbitrages/

How do you calculate arbitrage opportunities on BetsOnFire?

anormal1992
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Re: How to know if we have a Surebet

Sat Oct 12, 2013 7:25 am

pescu23 wrote: Hi,

I read a quickly system to find if two (or three) odds gives us a Surebet. And maybe some users can find interesting.

For a 1X2 match:

10/odds for 1 + 10/odds for X + 10/odds for 2

If the result is < 10. You have a Surebet!
You have a Value Bet!

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