Safe Betting: How To Manage Risk During Picking A Sure Sports Bet
Have you ever thought about Safe Betting: How To Manage Risk During Picking A Sure Sports Bet? A so-called surebet is not a particularly safe bet itself. Rather, it means reinsuring a bet with a second or further bet.
The main thing is to take advantage of the varying odds of different providers or within a game. The reinsurance of a bet through safe betting is one of the advanced betting strategies and requires a higher degree of attention, as you may have to react very quickly to changing odds.
The essence of a surebet is basically that the yield of each individual bet exceeds the total stake of all bets combined. As a result, the yields are logically significantly lower. So if you want to achieve high profits with as few bets or effort as possible, you should perhaps choose other betting strategies. This is about the famous small cattle, but they can also make a lot of crap.
In principle, you have to differentiate between 2 and 3-way bets. Using two examples, we will show you how you can get your bets dry. To do this, however, you need betting accounts with at least two betting providers.
Table of content:
- Safe Betting: How To Manage Risk During Picking A Sure Sports Bet
- Example 1: 2-way bet (tennis)
- Example 2: 3-way bet (soccer)
- Conclusion
Example 1: 2-way bet (tennis)
There are only two possible exits here: Either player A wins or player B. Overall we bet € 100 and CANNOT lose.
- 1st-At bookmaker 1, the odds on player A are 2.15
- 2nd-At bookmaker 2, the odds on player B are 1.95
- 1st-Player A – 2.15(odds), €47.56 (Commitment ), € 2.25 (Profit)
- 2nd-Player B – 1.95(Odds), € 52.44 (Commitment), € 2.26 (Profit)
(Profit here refers to the total stake (€ 100) of both bets).
Of course, either of your two bets will not work. But you see, no matter who wins in the end, you win at least € 2.25.
Example 2: 3-way bet (soccer)
Making a 3-way football bet completely risk-free is not that easy. Above all, the prerequisites have to be right. A clearly favored team has to play against an underdog. You need about three bookmakers to make this happen.
- 1st-With bookmaker 1, the win rate on team A is an impressive 14.0
- 2nd-With bookmaker 2 the odds for a tie are 8.0
- 3rd-With bookmaker 3 the win rate on team B is 1.3
We bet 100 € again as follows:
- Team A – 14.0 (odds), €7.40 (Stake), € 3.60 (Profit)
- Draw – 8.0 (odds) €12.94 (Stake), € 3.52 (Profit)
- Team B – 1.3 (odds), €79.66 (Stake), € 3.56 (Profit)
Again, of course, only one of your three bets will come off, but you will win at least € 3.52.
Another variant of the surebets are “bets against the draw”. This is where your attention or your speed of reaction comes into play. With this betting strategy, only a goalless draw, i.e. 0-0, can cause you damage. To do this, the following two steps must be followed.
Step 1:
First, place a bet against the draw, i.e. double chance, team A or team B wins. To do this, choose a game in which two equal teams meet, so the odds are pretty much in the balance. For example, you should use odds of at least 1.3 for the double chance bet.
If one of the two teams wins the game, you will receive a net profit of € 15 with a stake of € 50. It is the case that in such evenly balanced games there is no winner, so the game ends in a draw. In step 2 we will now take care that a draw can no longer hurt you.
Step 2:
To do this, you have to follow the game as seamlessly as possible. As soon as either team scores a goal, you have to react quickly. Because shortly after the opening goal, the rate of a draw is highest. The time of the hit also plays a role. The later the goal is scored, the higher the odds. But don’t hesitate too long. Once the balance falls, you could lose it all.
The odds on a tie should now be at least 4.0. From this value, you can assume that you can hedge your bet against a draw. The higher the rate, the better. In order to end up with a profit from this game in any case, calculate your stake as follows:
A goal has been scored and the draw rate is currently 7.0 odds, now we strike.
The bet is calculated from the potential total profit of the first bet divided by the odds on the tie. So 65 € / 7.0 = 9.30 € bet on a draw. Now all exits are secured, and you are on the safe side.
Team A or B wins: € 5.70 net profit [(€ 50 x1.3) – € 9.30]
Game ends in a draw: 5.80 € net profit [(9.30 € x7.0) -9.30 € -50 €]
Conclusion
As with the Safe bets, no big jumps are to be expected here, but at least you reduce your risk enormously. At most, the goalless draw could thwart your plans. But a bit of risk is part of sports betting. A thorough comparison of odds at different bookmakers is essential here and can be decisive for success or loss.
We hope you liked this article about Safe Betting: How To Manage Risk During Picking A Sure Sports Bet. See Also: Goal Market Special: How To Bet On The Half With The Most Goals.
