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Free Bet Calculator
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50/1 odds Calculator
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Canadian Calculator
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Heinz Calculator
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Patent Calculator
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Lucky 31 Calculator
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Lucky 15 Calculator
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Yankee Calculator
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Kelly Criterion Calculator
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Matched Bet Calculator
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Lay Bet Calculator
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Hedge Bet Calculator
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Dutching Calculator
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Odds Calculator
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Asian Handicap Calculator
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Accumulator Calculator
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Surebet Calculator
Understanding Surebet Calculator
A surebet calculator is pivotal in helping you find and take advantage of arbitrage betting options. A sure or arbitrage bet is a wager placed on all outcomes of an event. For instance, if you are betting on a 2-way tennis match, it is a bet placed on Player 1 to win and Player 2 to win. Similarly, if you are placing a surebet on a 3-way soccer game, you are backing the Home Win, Draw, and Away Win outcomes all at the same time. So, regardless of the final result, you will win one of your bets.
The problem with this strategy is that no bookmaker will expose itself to losses by allowing you to bet on all outcomes and make a profit. After all, that’s why bookmakers have a house edge in each market. So, for this approach to work, you have to check the odds at multiple betting sites and find odds discrepancies you can capitalise on. Then you need to calculate the ideal stakes for each bet so that you get a positive return regardless of the outcome.
That’s where our surebet calculator is of use. It allows you to determine the exact bet stake size for each outcome. That way, you take advantage of the differences in odds and make the same profit no matter what the final result is.
How to Use the Surebet Calculator
The surebet calculator facilitates arbitrage betting, as it dramatically increases the speed of the calculations needed to determine the stake size. However, to make the most of it, you need to use it properly. Here’s how you can do that.
Open the Surebet Calculator
The first thing to do is to navigate to the Calculators section on our website. Then, from the list of available options, choose the Surebet Calculator. The calculator is free and anyone can use it.
Choose Your Bet Type
Next, select the 2-way or 3-way option. 2-way means that there are only two outcomes in your bet i.e. Home Win or Away Win. In contrast, choose 3-way if the event you are betting on has three outcomes - Home Win, Away Win, and Draw.
Enter the Odds
It is now time to provide the odds for the outcomes you are betting on. Since you will likely be entering the odds from different bookmakers, make sure that you type in the correct values. Otherwise, you won’t get the right results and stake sizes.
Calculate the Bet Stake
Lastly, enter the total stake you plan to spend. The calculator will then tell you how much you need to stake on each outcome. The stakes will be different for each bet so write them down if needed. You can now place your bet and back each outcome with the stake suggested.
Why Use the Surebet Calculator?
If you are here because you want to use the surebet calculator, you probably have very good reasons for doing so. However, if you are still undecided, maybe thinking about doing your calculations manually, go through the reasons below before you start:
- It allows you to discover the optimal stake amounts needed to cover all outcomes without losing.
- Eliminates the risk of making mistakes while calculating bet stakes manually.
- Provides instant results.
- It helps you check the profit from various odds and stake combinations.
- Facilitates making informed arbitrage betting decisions.
Betpack Tips for Effectively Using the Surebet Calculator
Betpack’s surebet calculator is a powerful tool. If you are looking to use it to its full potential, check out the following tips, as they can help you unlock a myriad of arbitrage betting opportunities:
- Find odds discrepancies: You must browse multiple betting sites to locate bookmakers that offer higher odds for the outcomes you are betting on.
- Don’t wait too long: It is paramount that you place your bets as soon as you notice arbitrage betting opportunities because odds can drop instantly.
- Consider the fees: Because you are betting at multiple betting sites and betting exchanges, you might incur fees.
- Don’t get greedy: If you keep a low profile and stick to smaller stakes and profits, you won’t alert the bookies and won’t get flagged.
Surebets Explained
The best way to understand how surebets work is to look at an example. So, we have created one using our calculator and hypothetical odds you might find at different bookmakers. The total stake for this example is €1000. Here’s how much you need to wager on the Home and Away Win to make a guaranteed profit regardless of the outcome.
Bookmaker | Bet | Total Stake $1000 | Profit |
---|---|---|---|
Bookmaker A |
Home Win 1.95 |
€524.39 |
€22.56 |
Bookmaker B |
Away Win 2.15 |
€475.61 |
€22.56 |
Benefits of the Surebet Calculator
A surebet calculator is an indispensable tool if you are an arbitrage bettor. In other words, you cannot place surebets without it. Here’s why:
Maximises Returns
Makes Calculations Easy
No Risk of Mistakes
The calculator computes the exact stake amounts for each outcome to ensure the highest profit regardless of the result.
Conclusion
Surebets allow you to make a profit regardless of the outcome of a sporting event. That’s because you are covering all the outcomes of a particular match. To make the most of surebets, though, you need to find higher odds you can exploit, as well as use a trusted surebet calculator.
At Betpack, we can help you with both. We list and review a lot of top-quality betting sites. So, you will never be short of options to explore for the best odds. Our surebet calculator, on the other hand, is one of the best in the industry and allows you to instantly determine the optimal stake amounts for the arbitrage betting opportunities you locate. Check out and start using the surebet calculator and discover the optimal bet stakes for your arbitrage wagers.
Frequently Asked Questions
What Is a Surebet in Betting?
A surebet or an arbitrage bet is a wager where you place a bet on all possible outcomes with the goal of making a profit regardless of the result.
How Does the Surebet Calculator Work?
The surebet calculator gives you the optimal stake amounts for each bet after you input the odds you are betting on and the total stake you are planning to use.
Do I Have to Use a Surebet Calculator for Arbitrage Bets?
While you can do your calculations manually or using a regular calculator, a specialised surebet calculator ensures there are no mistakes in your calculations.