Learning Point of Risk free bet

Risk bet is no such thing as a free lunch" is a common known "rule" in life, but there sure are some meals that are cheaper than others. Knowledge advice for analystic.

Frequenly link risk free bet :

 

Bookmakers/Punter do not always present correct odds. Sometimes the odds presented on a given event can very  much with different bookmakers. Some bookmakers fancy the home team, others fancy the away team, and some even the draw. This is something punters can take advantage of. By adding the inverse of the odds offered on H, D and A, we are able to calculate the spread tax of the actual event in match.

Example:

Home team	Away team	1	X	2
AS Roma	Leeds United	1.90 (Alpenland)	3.60 (Darwin)	5.75 (Darwin)

The best odds offered on 1/X/2 are Alpenland's 1.90, Darwin's 3.60 and Darwin's 5.75. When Alpenland offer 1.90 for the home win, it means that a bet of 1$ gives a 1.90$ return.

As a result, a bet of 0.53$ gives a 1$ return ( 1 / 1.90 = 0.53).
For the draw, a bet of 0.28$ gives a 1$ return (1 / 3.60 = 0.28)
For the away win, a bet of 0.17 $ gives a 1$ return (1 / 5.75 = 0.17)

If we add all these bets (0.53 + 0.28 + 0.17) we get 0.98.
That, you need to bet 0.98$ in order to get a 1$ for sure.

If we take the inverse of 0.98 (1 / 0.98 =1.02) you'll see that for every 1 $ you bet, you will get 1.02 $ back !!

In other words, its call as totally risk free bet !!!

Note: The calulation is made without including any taxes or other expenses (like the fees for transferring money). In order to make use of this kind of betting, you need accounts with several bookmakers, and a quite a considerable funds available because even though it's a sure bet, you will lose your stake at two of the bookies, and win at the third. Those you may go broke in some of your accounts, and if you need to deposit money frequently, the transfer fees will outweigh the small advantage you gain on this type of betting. Not all bookmakers accept singles either. Use into some bookmaker betting account company.

Tengmolive :Keep learning,practice and enjoy win/lose. It will growing your talent.