Sure Bet Calculation and Formulas for 2-Way Bets
Sure Bet Check:
1. In order to check whether a certain 2-Way bet is a Sure Bet, you first have to calculate the so-called profit factor for the bookmaker (ProfitB). If this value is greater than 1, the bookies make profits and the bet is not a sure bet. The formula is:
Profit factor Bookmaker = (1 : Odds1) + (1 : Odds2)
Odds1 | Odds2 | Calculator | ProfitB |
2. The profit factor for the player (ProfitP) is the opposite of the profit factor for the bookmaker. This factor will be needed later for the calculation of the betting stakes. The profit factor for the player can be calculated using the following formula:
Profit factor Player = 1 : Profit factor Bookmaker
ProfitB | Calculator | ProfitP |
3. Logically the bet is a Sure Bet if the profit factor for the player is greater than 1. Now, the profit can be calculated easily by multiplying the total stake with the profit factor for the player:
Profit = (Total stake * profit factor player) - Total Stake
Total Stake | ProfitS | Calculator | Profit |
€ | € |
Bet stake and profit calculation:
4. In order to use the Sure Bet correctly, the total stake has to be divided into specific betting stakes. The betting stakes are being calculated as follows:
Stake1 = ProfitP * Total Stake : Odds1
ProfitP | Total Stake | Odds1 | Calculator | Stake1 |
€ | € |
Stake2 = ProfitP * Total Stake : Odds2
ProfitP | Total Stake | Odds2 | Calculator | Stake2 |
€ | € |
Sure Bet Calculation and Formulas for 3-Way Bets
Sure Bet Check:
For 3-Way Bets only the first formula is adjusted as follows:
Profit factor Bookmaker = (1 : Odds1) + (1 : Odds2) + (1 : Odds3)
Odds1 | Odds2 | Odds3 | Calculator | ProfitB |
The other formulas remain the same!
Profit Factor Player = 1 : Profit Factor Bookmaker
ProfitB | Calculator | ProfitP |
Profit = (Total Stake * Profit factor Player) - Total Stake
Total Stake | ProfitP | Calculator | Profit |
€ | € |
Stake and Profit calculation:
Stake1 = ProfitP * Total Stake : Odds1
ProfitP | Total Stake | Odds1 | Calculator | Stake1 |
€ | € |
Stake2 = ProfitP * Total Stake : Odds2
ProfitP | Total Stake | Odds2 | Calculator | Stake2 |
€ | € |
Stake3 = ProfitP * Total Stake : Odds3
ProfitP | Total Stake | Odds3 | Calculator | Stake3 |
€ | € |