sure bets
 

 

Faq - Frequently asked questions

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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