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What does
"sure bets” mean?
How is a sure
bet determined?
How much do you need to get started with sure bets?
How do you subdivide the initial capital?
What are the risks involved when dealing with sure
bets?
Once you wager at given odds, can you see the modified
odds?
What is "reload
bonus”?
What is "match
play bonus”?
What
does "sure bets” mean?
"Sure bets” means a safe bet, a bet which covers all
possible results of an event and therefore offers a
mathematical guarantee in that by appropriately
varying the amount wagered, whatever the final outcome
of the match the total returns are greater than the
amount played.
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How is a sure
bet determined?
To see if a bet on a given event constitutes a sure
bet, it is enough to total the inverse of the odds for
every outcome. If the value is less than 1, this
means that the bet is safe, and the difference between
1 and the value obtained equals the earnings from the
bet.
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How much do you need to get started with sure bets?
This is a subjective question. You need to consider
that utilizing sure bets, the earnings that you
receive for every bet are in the order of 2 – 6%.
From this we can deduce that the initial investment
can’t be limited to a few hundred Euros.
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How
do you subdivide the initial capital?
In my opinion, an efficient spread would be 40% at
Moneybookers, 40% at Netseller, 20% by credit card or
bank transfer. There are in fact several reputable
bookmakers that can’t NOT be present in our books who
use virtual money for transfer of funds. In any case,
for each bookmaker try and use payment and withdrawal
systems that incur no costs.
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What are the risks involved when dealing with sure
bets?
Being a company, the biggest risk that a bookmaker
runs is bankruptcy, I believe. For this reason, never
leave too much money at one bookmaker. Besides this
extreme, other risks relate to our mistakes...”human
errors”. In the "how
to place a bet” section, there are a few
suggestions on avoiding them.
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Once you wager at given odds, can you see the modified
odds?
Having established that each bookmaker can change the
odds given up till the moment of placing bets, can I
stop play at a certain point by making a bet, or could
I similarly see the odds of the match on which I had
made a wager, making some reductions?
This apparently simple question deserves some detail:
Generally, once play is submitted with certain odds,
those remain.
Obviously if the bookmaker has miscalculated and large
wagers are submitted for that event, it is obvious
that it is forced to lower the odds and perhaps
increase others to balance things out, but for those
who have bet, those odds remain.
This is speaking in general, because there are cases
in which play can be nullified or reduced. It may
also happen that a bookmaker mistakenly (basically,
odds come from the results of calculations by the
operators) inserts odds that are much higher than the
average of other bookmakers. In these cases (written
in their rules) they can nullify or reduce a play by
communicating to the bettor, obviously before the
start of the game via email or internal messaging. In
case of a reduction in odds, the bettor can ask for a
nullification of the bet.
Making "sure bets” with earnings of 20% run these
risks, while there is an old proverb that goes...
"he
who is contented...”
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What is "reload bonus”?
Many bookmakers often offer a 10% or even a 20-25%
bonus to existing clients who want to "fatten up”
their accounts. The bonus is credited to your account
(typically you need to ask for it via email or the
bookmaker’s internal chat line if it exists) and it
can be used immediately for betting. In general,
before proceeding to make a withdrawal the total
amount deposited + the bonus must be played for a
certain number of times. Used well, the "reload
bonus” can easily give returns of 40-50% in the span
of one month. See the dedicated section on how to use
it best.
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What is "match
play bonus”?
Different from a reload bonus that is immediately
credited to your account and ready for play, "match
play bonus” (also requested via email or chatline) is
credited to the client once "rollover” requirements
are met. For example, if you deposit 100 with a match
play bonus of 20% with a rollover of 5 times, to see a
bonus of 20 you need to make a bet to a value of 500
(100x5). If, in the meantime, our account reduces to
0, you can still redeposit to complete the first
rollover and at the same time, you have the right to
another match play bonus calculated on the second
deposit.
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Latest update
11/04/2008
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