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

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