Picking A Sure Sports Bet: How To Manage Risk

Betting Safely: How to Manage Risk When Making Sure Sports Bets

Have you given Safe Betting: How To Manage Risk While Picking A Sure Sports Bet any thought? Even a so-called surebet is not necessarily a secure wager. Instead, it refers to covering a bet with a subsequent or additional wager.

The key is to take advantage of the variable odds offered by various providers or within a certain game. One of the more complex betting techniques is the reinsurance of a wager through safe betting. This strategy calls for greater concentration because you may need to respond fast to shifting odds.

A surebet’s key characteristic is that each individual wager’s yield exceeds the sum of all wagers put together. The yields are hence logically much smaller. Therefore, you can want to use other betting techniques if you want to generate large returns with the least amount of wagering or work. Although they can produce a ton of dung, this article is about the well-known tiny cattle.

You must, in theory, distinguish between 2-way and 3-way bets. We’ll demonstrate to you how to get your bets dry using two scenarios. However, in order to do this, you must have betting accounts with at least two different bookmakers.

Example 1: 2-way bet (tennis)

There are only two ways out of this situation: Either player A or player B prevails. Overall, we wagered €100 and were INEFFECTIVE.

  • 1st-At bookmaker 1, player A has odds of 2.15.
  • Second-Player B has odds of 1.95 at bookmaker 2.
  1. First-Player A: odds of 2.15, commitment of €47.56, and bet of €2.25 (Profit)
  2. Second-Player B: 1.95 (Odds), 52.44 (Commitment), 2.26 (Profit) (the total stake for both bets, or €100, is referred to as the “Profit” here).

Naturally, neither of your two wagers will succeed. But as you can see, you always win at least €2.25 regardless of the final outcome.

Example 2: 3-way bet (soccer)

It’s difficult to make a 3-way football wager fully risk-free. The criteria must be met before all else. A squad that is clearly favored must compete against an underdog. To make this happen, you’ll need three bookmakers roughly.

  • First, with bookmaker 1, team A has an excellent 14.0 percent win rate. Second, with bookmaker 2, the odds for a tie are 8.0 percent.
  • 3rd-Team B’s victory rate with bookmaker 3 is 1.3.

We bet 100 € again as follows:

  • Team A: 14.0 (odds), 7.40 (stake), and 3.60 (euros) (Profit)
  • Odds on the Draw: 8.0, €12.94 (Stake), €3.52. (Profit)
  • Team B: 1.3 (odds), 79.66 (Stake), 3.56 (Euros) (Profit)

Of course, you will win at least €3.52 even if just one of your three bets is successful.

“Bets against the draw” are an alternative to surebets. Your ability to pay attention or act quickly will be tested at this point. Only a goalless draw, or a score of 0-0, can hurt your betting strategy. The following two actions must be taken to accomplish this.

Step 1:

Start by placing a wager on team A or team B winning, or against the draw. To do this, pick a game where two equal teams compete, leaving the odds mostly in the balance. For the double chance wager, for instance, odds of at least 1.3 are required.

With a €50 wager, you will make a net profit of €15 if one of the two sides prevails. There is no winner in such evenly matched games, and a draw results as a result. We will now ensure that a draw cannot harm you in step 2.

Step 2:

You must play the game as naturally as you can in order to do this. You must act immediately when a goal is scored by either team. Because the likelihood of a draw is highest immediately following the first goal. The moment of the strike also matters. The probability increase when the goal is scored later. However, don’t hold off too long. If the balance tips, you can lose everything.

Now, there should be at least 4.0 odds against a tie. You can infer that you can protect your bet against a draw based on this number. The better, the greater the rate. Calculate your stake as follows to make a profit from this game in any case:

A goal has been scored, and the odds are presently 7.0 for a tie, therefore we’re going to attack.

The wager is determined by dividing the potential cumulative profit of the first wager by the odds against a tie. So, the wager on a draw was 65 € / 7.0 = 9.30 €. Now that every escape has been locked, you are secure.

A or B wins: Net profit of €5.70 [(€50 x1.3) – €9] .30]

A draw occurs in the game: Net profit of 5.80 € [(9.30 € x 7.0) -9.30 € -50 €]

Conclusion

Similar to the Safe bets, no significant jumps are anticipated here, but at least your risk is much decreased. The goalless draw could, at most, ruin your plans. But sports betting does include some risk. Here, a careful evaluation of odds offered by several bookies is crucial and could be the difference between winning and losing.

We sincerely hope you enjoyed reading this article on safe betting: how to control risk when selecting a sure sports wager.

See Also: Goal Market Special: How To Bet On The Half With The Most Goals.

  • Betting guides