What are Surebets
and how to make them
The word surebet comes from English and literally means sure bet . References to the subject can also be found on other sites under the name of “ sports arbitrage ”.
WHAT IS A SUREBET
It consists of taking advantage of a possible difference of criteria between the quotes of different bookmakers, betting on all the possible results of a sports match, and thus obtaining a sure profit.. In other words, a surebet produces profitsregardless of how the match ends.
What are automated Surebets?
This is a fairly new term in the surebetting industry, but it is nothing more than the natural evolution of a classic surebet finder.
Basically, it is about placing sure bets automatically, using sports betting software or surebet bots that can scan, find and place such surebets based on certain pre-configured parameters.
A clear example of a surebets bot is BetOven , allowing you to place 100% automated sure bets between numerous english bookmakers, you just have to start it on your computer and wait to see the results.
How to calculate a surebet
Benefits of making Surebets with BetOven
On a single page, we can’t fit everything it has to offer…
Artificial Intelligence
The only automated surebets tool with Artificial Intelligence on the market.
Real-Time Statistics
Know the status of your arbitrations in real time from any device.
Continuous Development
BetOven performs weekly updates adding improvements and fixing issues.
100% configurable
BetOven allows you to make infinite configurations, with a simple interface.
English support
If you have any questions, please do not hesitate to contact us through any of our contact channels.
Safety
Your account information is stored encrypted, guaranteeing your privacy.
Simple Surebet example
Like everything in life, it is easier to understand what a surebet is with a clear and easy example:
Imagine a R. Madrid – Barcelona match in which we place two different bets at two different bookmakers:
– We bet €100 at bet365 that R. Madrid will win or draw. In this case, the odds will be 2.1.
– We bet €100 at Sportium that Barcelona will win. In this case, the odds will be 2.3.
In all the possible results of the match we will earn money. Of course, more than invested as you see in the graph.
Where to find Surebets
Surebets can be found on virtually any sport before and mainly during events.
You can make Surebets on practically every sport there is. Bookmakers have a multitude of binary markets that allow you to make sure bets easily. The sports with the highest number of sure bets are football, tennis and basketball, simply because there are more markets available at bookmakers.
The sports in which you can make sure bets with our arbitrage software are: Volleyball, Baseball, Hockey, Basketball, Tennis, American Football, Pingpong, Soccer, Beach Volleyball, Rugby, Futsal, Badminton, Handball, Football.
You can find the best bookmakers for surebets in our always up-to-date ranking.
How to make Surebets
The normal thing is to make a surebet in two steps : first the bet is placed in the less stable bookmaker and once this bet has been made, the second bet is attempted in the more stable bookmaker .
The reasoning is simple, the odds change faster at less stable bookmakers, so we have less time to place bets, so we place them first.
Frequently asked questions about Surebets
Surebets are combinations of bets, so they depend on whether they are pre-match or pre-match bets or live bets.
Surebets Prematch: These are those that are made before the sporting event starts. The odds are set in advance and are very stable, so it is very difficult to find great opportunities.
It is usually very difficult to find surebets with a high profitability in this type of betting and you will receive extremely fast limitations, I do not recommend them under any circumstances.
Live Surebets: Also known as live bets, these are bets placed while the sport event is in progress. Odds vary within seconds, depending on what is happening in the event, offering great value opportunities.
These are the surebets that we are interested in if we want to do sports arbitrage, and they are the ones that BetOven makes automatically.
Although it sounds like a sellout product, I have to tell you that yes, surebets are totally safe . Now, is making surebets totally safe?
Indeed, making surebets carries a risk: making them correctly. After all, these opportunities are not easy to find and soon disappear when bookmakers correct their odds, to avoid losing money on value bets for the user, I remind you that they are there to make money in this case against you. .
When we make a sure bet, we have to quickly place at least two bets at two different bookmakers .
This event will occur when one of the two bookmakers has changed its quota , has closed that specific market in which you intended to bet or when the specific bookie does not let you bet as much money as you needed (what we call limitation ).
In this case, you will have made a singlebet (single bet) that can make you win money or lose it. Is this simple bet a value bet? The reality is that no, since you do not know which bookmaker is the one that has made the mistake. It may have been made by the more stable or less stable house, so you don’t know if your value bet will be the first or second time bet.
This will happen when one of the two bookmakers has changed their odds, closed that particular market you intended to bet on or when the particular bookie does not let you bet as much money as you needed (what we call limiting).
In this case, you will have made a singlebet (single bet) that can make you win money or lose it. Is this simple bet a value bet? The reality is that no, since you do not know which bookmaker is the one that has made the mistake. It may have been made by the more stable or less stable house, so you don’t know if your value bet will be the first or second time bet.
In most cases, the value bet will be found in the less stable bookmaker, since these types of bookmakers risk more in establishing their odds, hence they fluctuate faster. The strategy of these more unstable bookmakers is precisely to give better odds to their clients, this being the main advantage for their clients.
However, I cannot tell you that in the long run the mathematical expectation is going to be positive for you. Since singlebets are made when you don’t properly close a surebet, it may or may not be a valuebet.
One way to reduce the risk of losing money when you have a singlebet is to close it by turning it into a negative surebet, but I will explain this in more detail in another post.
There is also the possibility that the odds continue to fluctuate, to the point that what ceased to be a surebet, becomes one again after a few seconds or minutes. After all, most of the surebets made are live (while the match is taking place) and they can return the previous odds, or even improve them by obtaining an even better surebet.
These last two procedures are performed by our favourite automated surebetting software, so sometimes what was a singlebet can turn into a surebet, even with a better profit percentage, or a negative surebet if we have set the singlebet closing parameter.
Of course, we are used to thinking that when something is too good or when it seems to be done easily and simply, there is something illegal behind it. This is not the case, making surebets is not only legal, but is considered positive for the market.
Making surebets is nothing more than a form of arbitrage, as in the financial field, with forex arbitrage. This practice is also legal, promoted by the CNMV since it favors price adjustment, a beneficial adjustment for the market and for end customers.
Ok, I know it’s legal to make surebets, but is it legal to do it through software?
Of course, there is no law preventing the use of software to find safe bets and place them.
There is nothing illegal.
Sometimes phishing in bookmakers has been linked to the use of surebets software and scanners. Since in these modalities you can work in parallel with many bookmakers at the same time.
For example: in the case of BetOven, you can work with several profiles at the same time on a single computer.
In the past, there have been many cases where people have used bought or stolen IDs to create accounts without the identities themselves realising it. However, it is something that has always been related to the betting world in general, when a player is limited by the bookie.
At present it would be practically impossible to do something like this due to multiple factors:
- Bookmakers are obliged to verify that withdrawals are made to bank accounts or e-wallets in the player’s name. That is, if a third person has access to your account at the bookmaker, they will not be able to withdraw this money to their account either.
- Bookmakers’ checks are now much more thorough than they used to be, sometimes asking for other documents to prove that you are who you say you are.
- At BetOven the data is encrypted with a password that only you will know, preventing even BetOven from knowing the identity of the connected accounts.
If you wish to manage accounts, I recommend that you enter into a written contract with your client that exempts you from any subsequent complaints from them. Imagine if a broker did not have a contract with its clients…
Diversify your bookmakers
It is essential to have accounts with several bookmakers. The more bookmakers you use, the more surebets you will find. Also, always remember to check the odds before placing your bets. In the case of BetOven you don’t need it, but if you don’t use a scanner you should be very careful with odds changes or market closures.
Keep calm
Surebets may seem too good to be true, but don’t let emotion control you. Make sure you fully understand how they work before you start betting large sums of money.
Manage your bankroll
This is probably the most important piece of advice. Even when using surebets, bankroll management must be taken into account. Don’t bet more than you can afford to lose.
It is a fairly new concept, they occur when we close a singlebet assuming certain losses, smaller than those that a singlebet would produce if it were lost. Basically what we do in this case is to reduce the risk of losing money by betting on the second bookmaker, even if the odds have changed and the surebet ceases to exist.
Configure BetOven to perform negative surebets instead of singlebets.
Limitations in bookmakers, although this subject will be discussed in more detail in other blog posts, is the big problem with surebets. That the bookmaker will end up limiting you permanently sooner or later, without the possibility of being able to play at that bookmaker again for the rest of your life.
But let’s face it, too many people don’t want to use their bookmakers at all. Why not manage your accounts? In this way you will not have a limit when it comes to earning money with safe bets.
