Re: Football (+/Other Sports) Betting Season 13 by Fucklove(m): 10:04pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Thanks Bro |
Re: Football (+/Other Sports) Betting Season 13 by murphyrichy(m): 10:04pm On Sep 19, 2019 |
Brunosamel: Gatefe why! Look at my sweet game B911AATPCAPQZZ-6972853 sorry, try again later....u tried very well. |
Re: Football (+/Other Sports) Betting Season 13 by CoIdplay: 10:06pm On Sep 19, 2019 |
Wiconse Congratulations |
Re: Football (+/Other Sports) Betting Season 13 by Elvis1331: 10:06pm On Sep 19, 2019 |
wrench: edit and play nice games I edited it I never knew, e go enter 3 Likes |
Re: Football (+/Other Sports) Betting Season 13 by NadiaR(m): 10:07pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin humble me is quoting and unquotin Bet9ja influentialcj 1229988 |
Re: Football (+/Other Sports) Betting Season 13 by Fucklove(m): 10:07pm On Sep 19, 2019 |
Wiconse congrats senior man. I don quote you before. I don unquote you now by mentioning you on thread. Sai baba |
Re: Football (+/Other Sports) Betting Season 13 by snowball11(m): 10:08pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Still on quotation! Bet9ja ID: 222085 |
Re: Football (+/Other Sports) Betting Season 13 by Nobody: 10:08pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Congratulations |
Re: Football (+/Other Sports) Betting Season 13 by sheffy87: 10:08pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Brodaly congrats sheffy87 bet9ja |
Re: Football (+/Other Sports) Betting Season 13 by NadiaR(m): 10:09pm On Sep 19, 2019 |
All ticket turned to Burnt Offering
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;( |
Re: Football (+/Other Sports) Betting Season 13 by wrench: 10:10pm On Sep 19, 2019 |
Elvis1331: nice games I edited it
I never knew, e go enter good to know. � 1 Like |
Re: Football (+/Other Sports) Betting Season 13 by WhereYourOmoyi: 10:10pm On Sep 19, 2019 |
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Re: Football (+/Other Sports) Betting Season 13 by rashfat(m): 10:11pm On Sep 19, 2019 |
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Re: Football (+/Other Sports) Betting Season 13 by Boldtouch: 10:12pm On Sep 19, 2019 |
emperorblog21: Arbitrage betting (also known as a "surebet" or “arb”) is a risk-free opportunity to make a guaranteed profit on a particular sporting event or betting market. When arbing, you are essentially exploiting differences in odds being offered between a number of bookmakers, typically two. The difference in the odds being offered is so pronounced, that you have the opportunity to make a profit no matter what the outcome. What Is Arbitrage Betting: Examples Of Surebets Let's take a look at two arbitrage betting examples. Example one, we encounter the following scenario: Balanced Odds Andy Murray is playing Novak Djokovic in a Wimbledon Final. Murray is available at odds of 2.10 with bookmaker A Djokovic is likewise available at odds of 2.10 with bookmaker B Here we find a perfect arbitrage opportunity. If we simply place £100 on Murray to win and £100 on Djokovic to win, we are guaranteed a profit, in this case a profit of £10. Let's say that Djokovic wins. Our returns would be: Murray -£100 Djokovic +£110 Profit = £10 Unbalanced Odds The above example was simple. But arbitrage opportunities are not always easy to identify. In the example below, the Chicago Bulls are facing the Cleveland Cavs in a NBA game: Cleveland are at odds of 1.20 with bookmaker A Chicago are at odds of 8.00 with bookmaker B. This situation is a bit trickier. How can we calculate an arbitrage bet? How To Calculate A Surebet Calculating an arb with an arbitrage betting calculator is easy. But let's look at the calculations involved to help us develop a deeper understanding of the dynamics involved in an arbitrage betting opportunity. There are two key questions when it comes to arbitrage betting: #1 - How do you know if you have identified an arbitrage opportunity? #2 – How much should you stake in order to secure your guaranteed profit? Finding An Arbitrage Bet Opportunity Similar to calculating the bookmaker's margin (or commission) on a given betting market, we identify an arbitrage opportunity by adding the implied probabilities of the best betting odds available for each outcome. To calculate the implied probability for each outcome, we simply divide the odds for that outcome in decimal format by 1. So let's then look at our simple example of Murray vs Djokovic from earlier in this article. Murray at odds of 2.10 implied probability = 1 / 2.10 = 0,476 = 47.6% So the implied probability of Murray's odds of 2.10 is 47.6%. Let's now consider Djokovic. Djokovic at odds of 2.10 implied probability = 1 / 2.10 = 0.476 = 47.6% To determine if we have identified an arbitrage betting opportunity and a guaranteed profit, we simply add the two implied probabilities together. Total: 47.6% + 47.6% = 95.2% When the implied probability for a given betting market adds up to less than 100%, it is an opportunity to make a sure profit. The lower the value below 100%, the more worthwhile the arbitrage bet is and the greater the profit we can make. In this example the market is well below 100%. So lets then take a look at Cleveland vs Chicago in our NBA example. Have we identified an opportunity to arb? Cleveland at odds of 1.20 implied probability = 1 / 1.20 = 0.833 = 83.3% Chicago at odds of 8.00 implied probability = 1 / 8.00 = 0.125 = 12.5% Market Total = 83.3% + 12.5% = 95.8% Again, we have identified the chance to make a sure profit as the market is again well below 100%. How To Calculate Stakes For A Guaranteed Profit This question was easy to answer in our Murray vs Djokovic example. As both have the same odds, we simply bet the same amount on each outcome to guarantee our profit no matter who wins the match. But more often than not, arbitrage bets are not this simplistic. Typically we will need to weight our staking according to the odds of each outcome. How do we do this? #1 - Calculate the implied probabilities of all possible market outcomes #2 - Calculate the sum of the probabilities of all possible market outcomes #3 – Divide the implied probability of each individual outcome by the sum of all probabilities In this way we can determine the correct amount to bet to achieve our profit. Example: Cleveland vs Chicago We calculate the implied probability of each outcome and add them together just as we previously did. Cleveland at odds of 1.20 implied probability = 1 / 1.20 = 0.833 = 83.3% Chicago at odds of 8.00 implied probability = 1 / 8.00 = 0.125 = 12.5% Market Total = 83.3% + 12.5% = 95.8% Now we calculate how much to bet on each outcome by dividing the implied probability of each outcome by the total market probability. Cleveland = 83.3% / 95.8% = 86.952% Chicago = 12.5% / 95.8% = 13.048% So in this example, if we wanted to arb a total of £1,000, we would place 86.952% of our £1,000 on Cleveland at odds of 1.20 and 13.048% of our £1,000 on Chicago at odds of 8.00. Now we will win the same amount no matter who wins the game, Cleveland or Chicago. Let's walk it through: We want to stake £1,000 in our arbitrage bet. £1,000 * 86.95% = £869.52 on Cleveland at odds of 1.20 £1,000 * 13.05% = £130.48 on Chicago at odds of 8.00 So now, no matter who wins, we are guaranteed a profit of roughly £44. If Cleveland wins, we collect (£869.52 * 1.20 =) £1043.42. After we deduct our £1,000 stake, we come away with our £43.42 guaranteed profit. If Chicago wins, we collect (£130.48 * 8.00) = £1043.84. After we deduct our £1,000 stake, we come away with our £43.84 guaranteed profit. Applying Our Calculation To Other Markets We have only considered betting markets with just two outcomes, team A wins or team B wins. But what about a football 1X2 market or even a horse race featuring 12 runners? Well the principles remain the same. #1 - Calculate the implied probabilities of all possible market outcomes #2 - Calculate the sum of the probabilities of all possible market outcomes #3 – Divide the implied probability of each individual outcome by the sum of all probabilitie Let's say we have an upcoming Premier League match between Manchester City and Arsenal. We are looking here at the 1X2 betting market. We have three possible outcomes: Manchester City win, at odds of 2.80 Drawn match, at odds of 3.60 Arsenal win, at odds of 3.20 Let's see if we have an arbitrage opportunity. As we did in our previous examples, we calculate the implied probability for each individual outcome. Manchester City at odds of 2.80 implied probability = 1 / 2.80 = 0.3571 = 35.71% Drawn match at odds of 3.60 implied probability = 1 / 3.60 = 0.2778 = 27.78% Arsenal win at odds of 3.20 implied probability = 1 / 3.20 = 0.3125 = 31.25% We then add each probability to come up with our market total. = 35.71% + 27.78% + 31.25% = 94.74% Great news! As the market total is below 100%, we have identified an opportunity to make a guaranteed profit. We now need to work out how much to stake on each outcome to guarantee the same profit no matter the outcome. Let's say we want to stake a total of £500. Manchester City at odds of 2.80 = 35.71% / 94.74% = 37.693% So we will stake 37.693% of £500, a total of £188.47 on Manchester City to win. Drawn match at odds of 3.60 = 27.78% / 94.74% = 29.323% So we will stake 29.323% of £500, a total of £146.62 on the Drawn match. Arsenal at odds of 3.20 = 31.25% / 94.74% = 32.984% So we will stake 32.984% of £500, a total of £164.91 on Arsenal to win. If we bet each of these amounts, we will be guaranteed a profit on the match of roughly £28 no matter what happens. Arbitrage Excel Surebet Calculator We've made calculating arbitrage bets all the easier with our arbitrage excel calculator. The bettingexpert arbitrage calculator in Excel will not only tell you if a certain betting market is offering you the chance to make a guaranteed profit, but will likewise tell you exactly how much to bet on each outcome to guarantee yourself that profit. Here's how: Following.... 1 Like |
Re: Football (+/Other Sports) Betting Season 13 by psalmurai(m): 10:12pm On Sep 19, 2019 |
emperorblog21: Arbitrage betting (also known as a "surebet" or “arb”) is a risk-free opportunity to make a guaranteed profit on a particular sporting event or betting market. When arbing, you are essentially exploiting differences in odds being offered between a number of bookmakers, typically two. The difference in the odds being offered is so pronounced, that you have the opportunity to make a profit no matter what the outcome. What Is Arbitrage Betting: Examples Of Surebets Let's take a look at two arbitrage betting examples. Example one, we encounter the following scenario: Balanced Odds Andy Murray is playing Novak Djokovic in a Wimbledon Final. Murray is available at odds of 2.10 with bookmaker A Djokovic is likewise available at odds of 2.10 with bookmaker B Here we find a perfect arbitrage opportunity. If we simply place £100 on Murray to win and £100 on Djokovic to win, we are guaranteed a profit, in this case a profit of £10. Let's say that Djokovic wins. Our returns would be: Murray -£100 Djokovic +£110 Profit = £10 Unbalanced Odds The above example was simple. But arbitrage opportunities are not always easy to identify. In the example below, the Chicago Bulls are facing the Cleveland Cavs in a NBA game: Cleveland are at odds of 1.20 with bookmaker A Chicago are at odds of 8.00 with bookmaker B. This situation is a bit trickier. How can we calculate an arbitrage bet? How To Calculate A Surebet Calculating an arb with an arbitrage betting calculator is easy. But let's look at the calculations involved to help us develop a deeper understanding of the dynamics involved in an arbitrage betting opportunity. There are two key questions when it comes to arbitrage betting: #1 - How do you know if you have identified an arbitrage opportunity? #2 – How much should you stake in order to secure your guaranteed profit? Finding An Arbitrage Bet Opportunity Similar to calculating the bookmaker's margin (or commission) on a given betting market, we identify an arbitrage opportunity by adding the implied probabilities of the best betting odds available for each outcome. To calculate the implied probability for each outcome, we simply divide the odds for that outcome in decimal format by 1. So let's then look at our simple example of Murray vs Djokovic from earlier in this article. Murray at odds of 2.10 implied probability = 1 / 2.10 = 0,476 = 47.6% So the implied probability of Murray's odds of 2.10 is 47.6%. Let's now consider Djokovic. Djokovic at odds of 2.10 implied probability = 1 / 2.10 = 0.476 = 47.6% To determine if we have identified an arbitrage betting opportunity and a guaranteed profit, we simply add the two implied probabilities together. Total: 47.6% + 47.6% = 95.2% When the implied probability for a given betting market adds up to less than 100%, it is an opportunity to make a sure profit. The lower the value below 100%, the more worthwhile the arbitrage bet is and the greater the profit we can make. In this example the market is well below 100%. So lets then take a look at Cleveland vs Chicago in our NBA example. Have we identified an opportunity to arb? Cleveland at odds of 1.20 implied probability = 1 / 1.20 = 0.833 = 83.3% Chicago at odds of 8.00 implied probability = 1 / 8.00 = 0.125 = 12.5% Market Total = 83.3% + 12.5% = 95.8% Again, we have identified the chance to make a sure profit as the market is again well below 100%. How To Calculate Stakes For A Guaranteed Profit This question was easy to answer in our Murray vs Djokovic example. As both have the same odds, we simply bet the same amount on each outcome to guarantee our profit no matter who wins the match. But more often than not, arbitrage bets are not this simplistic. Typically we will need to weight our staking according to the odds of each outcome. How do we do this? #1 - Calculate the implied probabilities of all possible market outcomes #2 - Calculate the sum of the probabilities of all possible market outcomes #3 – Divide the implied probability of each individual outcome by the sum of all probabilities In this way we can determine the correct amount to bet to achieve our profit. Example: Cleveland vs Chicago We calculate the implied probability of each outcome and add them together just as we previously did. Cleveland at odds of 1.20 implied probability = 1 / 1.20 = 0.833 = 83.3% Chicago at odds of 8.00 implied probability = 1 / 8.00 = 0.125 = 12.5% Market Total = 83.3% + 12.5% = 95.8% Now we calculate how much to bet on each outcome by dividing the implied probability of each outcome by the total market probability. Cleveland = 83.3% / 95.8% = 86.952% Chicago = 12.5% / 95.8% = 13.048% So in this example, if we wanted to arb a total of £1,000, we would place 86.952% of our £1,000 on Cleveland at odds of 1.20 and 13.048% of our £1,000 on Chicago at odds of 8.00. Now we will win the same amount no matter who wins the game, Cleveland or Chicago. Let's walk it through: We want to stake £1,000 in our arbitrage bet. £1,000 * 86.95% = £869.52 on Cleveland at odds of 1.20 £1,000 * 13.05% = £130.48 on Chicago at odds of 8.00 So now, no matter who wins, we are guaranteed a profit of roughly £44. If Cleveland wins, we collect (£869.52 * 1.20 =) £1043.42. After we deduct our £1,000 stake, we come away with our £43.42 guaranteed profit. If Chicago wins, we collect (£130.48 * 8.00) = £1043.84. After we deduct our £1,000 stake, we come away with our £43.84 guaranteed profit. Applying Our Calculation To Other Markets We have only considered betting markets with just two outcomes, team A wins or team B wins. But what about a football 1X2 market or even a horse race featuring 12 runners? Well the principles remain the same. #1 - Calculate the implied probabilities of all possible market outcomes #2 - Calculate the sum of the probabilities of all possible market outcomes #3 – Divide the implied probability of each individual outcome by the sum of all probabilitie Let's say we have an upcoming Premier League match between Manchester City and Arsenal. We are looking here at the 1X2 betting market. We have three possible outcomes: Manchester City win, at odds of 2.80 Drawn match, at odds of 3.60 Arsenal win, at odds of 3.20 Let's see if we have an arbitrage opportunity. As we did in our previous examples, we calculate the implied probability for each individual outcome. Manchester City at odds of 2.80 implied probability = 1 / 2.80 = 0.3571 = 35.71% Drawn match at odds of 3.60 implied probability = 1 / 3.60 = 0.2778 = 27.78% Arsenal win at odds of 3.20 implied probability = 1 / 3.20 = 0.3125 = 31.25% We then add each probability to come up with our market total. = 35.71% + 27.78% + 31.25% = 94.74% Great news! As the market total is below 100%, we have identified an opportunity to make a guaranteed profit. We now need to work out how much to stake on each outcome to guarantee the same profit no matter the outcome. Let's say we want to stake a total of £500. Manchester City at odds of 2.80 = 35.71% / 94.74% = 37.693% So we will stake 37.693% of £500, a total of £188.47 on Manchester City to win. Drawn match at odds of 3.60 = 27.78% / 94.74% = 29.323% So we will stake 29.323% of £500, a total of £146.62 on the Drawn match. Arsenal at odds of 3.20 = 31.25% / 94.74% = 32.984% So we will stake 32.984% of £500, a total of £164.91 on Arsenal to win. If we bet each of these amounts, we will be guaranteed a profit on the match of roughly £28 no matter what happens. Arbitrage Excel Surebet Calculator We've made calculating arbitrage bets all the easier with our arbitrage excel calculator. The bettingexpert arbitrage calculator in Excel will not only tell you if a certain betting market is offering you the chance to make a guaranteed profit, but will likewise tell you exactly how much to bet on each outcome to guarantee yourself that profit. Here's how: na wao .. some people get time sha |
Re: Football (+/Other Sports) Betting Season 13 by Fucklove(m): 10:15pm On Sep 19, 2019 |
Una wey dey quote that long post, una get sense so? Which kan suffer be this? |
Re: Football (+/Other Sports) Betting Season 13 by CaptainMitch: 10:15pm On Sep 19, 2019 |
Fucklove: 5596710 Bet9ja Username- ebrightonline6 |
Re: Football (+/Other Sports) Betting Season 13 by Nobody: 10:16pm On Sep 19, 2019 |
Europapa |
Re: Football (+/Other Sports) Betting Season 13 by fohia(m): 10:16pm On Sep 19, 2019 |
tonididdy: Beskitas na bastard team Stupid team |
Re: Football (+/Other Sports) Betting Season 13 by Fucklove(m): 10:17pm On Sep 19, 2019 |
|
Re: Football (+/Other Sports) Betting Season 13 by CaptainMitch: 10:19pm On Sep 19, 2019 |
I dey o. Fucklove: Chief piiko the toto slayer. How far nah? |
Re: Football (+/Other Sports) Betting Season 13 by wiseone28: 10:21pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Free things no dey kill |
Re: Football (+/Other Sports) Betting Season 13 by Poorboy: 10:24pm On Sep 19, 2019 |
[quote author=wiseone28 post=82389076][/quote] |
Re: Football (+/Other Sports) Betting Season 13 by Poorboy: 10:25pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin |
Re: Football (+/Other Sports) Betting Season 13 by yungpowers(m): 10:28pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Congrats. Still QUOTING via my bet9ja ID @5154460 |
Re: Football (+/Other Sports) Betting Season 13 by sheffy87: 10:29pm On Sep 19, 2019 |
B954AATETAWPTE-1775116. Why Astana no beat united sef.....!! |
Re: Football (+/Other Sports) Betting Season 13 by CoIdplay: 10:40pm On Sep 19, 2019 |
Yeah |
Re: Football (+/Other Sports) Betting Season 13 by Fucklove(m): 10:44pm On Sep 19, 2019 |
CoIdplay: Bonanza Bonanza Bonanza
Now here's the deal. I will stake N500 on the games of the first ten people to quote me tonight. Total odds must not be more than 50. If the game greens you are entitled to 20% of the total winning. Please don't be in a haste to post and send me to the village. Submission of codes starts by 3pm tomorrow and closes by 4pm. You can book your space for now and post later. I reserve a slot each for Alexistaiwo and Chiefheywhy so eight ( slots are up for grabs I'm in. Will quote you 2moro with my booking |
Re: Football (+/Other Sports) Betting Season 13 by ahmedbrown: 10:45pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin I will so much appreciate sir Bet9ja ID:. 29467 |
Re: Football (+/Other Sports) Betting Season 13 by Boldtouch: 10:45pm On Sep 19, 2019 |
Fucklove: Una wey dey quote that long post, una get sense so? Which kan suffer be this? You for quietly waka pass; wetin you no know no go kee you! |
Re: Football (+/Other Sports) Betting Season 13 by ahmedbrown: 10:47pm On Sep 19, 2019 |
CoIdplay: Bonanza Bonanza Bonanza
Now here's the deal. I will stake N500 on the games of the first ten people to quote me tonight. Total odds must not be more than 50. If the game greens you are entitled to 20% of the total winning. Please don't be in a haste to post and send me to the village. Submission of codes starts by 3pm tomorrow and closes by 4pm. You can book your space for now and post later. I reserve a slot each for Alexistaiwo and Chiefheywhy so eight ( slots are up for grabs Am in, will quote you tomorrow for the game |
Re: Football (+/Other Sports) Betting Season 13 by Nobody: 10:49pm On Sep 19, 2019 |
wiconse: First ten people not to quote and quote me, will receive sumtin Please stop quoting. I said ten people that will not quote me and I repeat that will not quote me. Only Coldplay and fucklove did so. Both of you should send ur aza |