SURE BETS with Bitcoin

[bitbollo]

Hi guys,
I am not a player of sure bets but I want understand how they works in crypto currencies environment, if it chance that can be explored to win more...
Anyone knows free resources were sure bets are published, or there are only service or website that offers for payment?
Have you ever find website that track also bitcoin bookmakers?
Thanks for your replies.


edit: locked. thanks for all contributions.

[crwth]

Is this the one you are talking about?

https://en.surebet.com/surebets

It seems that they have an algorithm in which they could collect all the possible data and calculate the stuff that you might need. It's going on the filters area. With whatever you might want to check, they could easily tell you what matches that suits your filter. I see at a glance these parameters can be filtered:

• Event time
• EV
• Odds
• Your Bookmakers
• Sports
• Possible outcomes

I think it would make your bets have an advantage by checking the probability using the site. But the full feature has a payment plan, though. I don't know if it's profitable or if someone is actually earning with it.

[Ziskinberg]

Is this the one you are talking about?

https://en.surebet.com/surebets

It seems that they have an algorithm in which they could collect all the possible data and calculate the stuff that you might need. It's going on the filters area. With whatever you might want to check, they could easily tell you what matches that suits your filter. I see at a glance these parameters can be filtered:

• Event time
• EV
• Odds
• Your Bookmakers
• Sports
• Possible outcomes

I think it would make your bets have an advantage by checking the probability using the site. But the full feature has a payment plan, though. I don't know if it's profitable or if someone is actually earning with it.

On that site. https://en.surebet.com/surebets

There's a plan written.



I haven't explored it, but the looks of it, it seems like they'll provide you an information for arbitrage betting as the "surebet" word itself implies.

[Mauser]

I am not a player of sure bets but I want understand how they works in crypto currencies environment, if it chance that can be explored to win more...
Anyone knows free resources were sure bets are published, or there are only service or website that offers for payment?

Unfortunately the Bitcoin betting world is very similar to the FIAT betting world. I haven't come across ablosute save bets really. There is always some form of risk involved in the end. You might find bets with a very high chance of winning, but to be a 100% safe, I don't think so. With the internet and information being available all around the world, if there was really a save bet, everyone would buy it. And then the payoff would be close to 0. I would recommend you do some own research before betting. Be cautious if someone tells you it's a safe bet, there are alot of fake news out there.

[Pmalek]

Snip

Mauser I think you misunderstood what OP was asking about. If you read the previous two posts by Ziskinberg and crwth, you would notice that they are talking about and describing arbitrage betting. These aren't fixed matches of any kind, where the outcomes are known.

It is possible that different bookmakers have different odds for the same match. As an example let's consider a match with only two possible outcomes.

Bookmaker A offers these odds:
Home win 1.30
Away win: 4.20

Bookmaker B offers the following odds:
Home win 1.20
Away win: 4.50

If you were to find this, you could possible take advantage of the difference, make bets on both outcomes, and make a profit no matter who wins the match.

[YOSHIE]

Is this what you are looking for or....!

Building a new directory of Gambling sites and Gambling Affiliate Programs on a high traffic'd site. BitcoingamblingSites.com

First 10 submissions for Bitcoin Gambling, Casino, Poker, Dice Sportsbook sites are free if you post below. After which submissions will be 0.35 BTC or drop us a link to our site. Post below, once 10 FREE submissions are gone, Use form here: http://bitcoingamblingsites.com/submit-site/
Please include URL, and a short description of your gambling site (max 150 characters).

You link will be located here: http://bitcoingamblingsites.com/directory/

Gambling Affiliate Program Directory

First 5 affiliate programs who post below will be FREE. Please include affiliate program URL, a description of your site (max 150 characters) and a description of your affiliate offer (max 250 characters - rev share? CPA? Whats payout structure?)

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OP, can you explain about your question "tracker", I really do not know and understand what you ask.

Have you ever find website that track also bitcoin bookmakers?

About the Bitcoin bookie tracker site.
If I'm not mistaken, have never found a site that can track bookies.

[Japinat]

Snip

Mauser I think you misunderstood what OP was asking about. If you read the previous two posts by Ziskinberg and crwth, you would notice that they are talking about and describing arbitrage betting. These aren't fixed matches of any kind, where the outcomes are known.

It is possible that different bookmakers have different odds for the same match. As an example let's consider a match with only two possible outcomes.

Bookmaker A offers these odds:
Home win 1.30
Away win: 4.20

Bookmaker B offers the following odds:
Home win 1.20
Away win: 4.50

If you were to find this, you could possible take advantage of the difference, make bets on both outcomes, and make a profit no matter who wins the match.

Definitely, the formula is very simple. just bet on Bookmaker A @ 1.30 odds and Bookmaker B @4.50 odds.
If I were to bet, I will bet $1,000 to  Bookmaker A @ 1.30 and if that wins, I'll be break even because I'm going to put a bet on Bookmaker B @4.50 at $300 which would give me a win of  $1,350.00, so less $1,000 +$300, my profit would only be $50... At least there's nor risk. 

[kryptqnick]

Snip

Mauser I think you misunderstood what OP was asking about. If you read the previous two posts by Ziskinberg and crwth, you would notice that they are talking about and describing arbitrage betting. These aren't fixed matches of any kind, where the outcomes are known.

It is possible that different bookmakers have different odds for the same match. As an example let's consider a match with only two possible outcomes.

Bookmaker A offers these odds:
Home win 1.30
Away win: 4.20

Bookmaker B offers the following odds:
Home win 1.20
Away win: 4.50

If you were to find this, you could possible take advantage of the difference, make bets on both outcomes, and make a profit no matter who wins the match.

Definitely, the formula is very simple. just bet on Bookmaker A @ 1.30 odds and Bookmaker B @4.50 odds.
If I were to bet, I will bet $1,000 to  Bookmaker A @ 1.30 and if that wins, I'll be break even because I'm going to put a bet on Bookmaker B @4.50 at $300 which would give me a win of  $1,350.00, so less $1,000 +$300, my profit would only be $50... At least there's nor risk.  

Hm.... This sounds interesting, I haven't thought about it. This indeed feels attractive, and if there's only the home win option and the away win option, and we neglect any additional fees, it works perfectly. However, this does not account for a draw! And a draw is quite a significant possibility, right? So at least we need to limit the variety of games significantly. And, to be honest, it's hard for me to think straight and determine which games are these. Sure, in some games draws are rare, but they're still possible. And in soccer they are very often the case, so the risk is quite high. Or one has to bet on double chance.

[Lakai01]

Definitely, the formula is very simple. just bet on Bookmaker A @ 1.30 odds and Bookmaker B @4.50 odds.
If I were to bet, I will bet $1,000 to  Bookmaker A @ 1.30 and if that wins, I'll be break even because I'm going to put a bet on Bookmaker B @4.50 at $300 which would give me a win of  $1,350.00, so less $1,000 +$300, my profit would only be $50... At least there's nor risk. 

This is comparable to arbitrage bots trading at crypto-exchanges. For coins with little volume, prices may vary considerably. Had a case the day before yesterday where AERGO on Kucoin cost 0.044c per coin, on HitBTC it was 0.068c. If one is fast enough to buy the coins on Kucoin, transfer it to HitBTC and sell it immediatly, it may be quite worth the effort. But this functions however only with less well-known Coins with low trading volume.

I think it will be the same here and you will only be able to use arbitrage for less frequented sports, right?

[Stalker22]

Definitely, the formula is very simple. just bet on Bookmaker A @ 1.30 odds and Bookmaker B @4.50 odds.
If I were to bet, I will bet $1,000 to  Bookmaker A @ 1.30 and if that wins, I'll be break even because I'm going to put a bet on Bookmaker B @4.50 at $300 which would give me a win of  $1,350.00, so less $1,000 +$300, my profit would only be $50... At least there's nor risk. 

Oh, you make it sound so simple.
But the truth is, it's hard to find good arbitrage betting opportunities. Most bookmakers have well-matched odds. But even when you find a good arbitrage (more than a few percent difference) chances are you don't have an account on both platforms or you don't have enough funds on both platforms to make bets.

[Sanitough]

Snip

Mauser I think you misunderstood what OP was asking about. If you read the previous two posts by Ziskinberg and crwth, you would notice that they are talking about and describing arbitrage betting. These aren't fixed matches of any kind, where the outcomes are known.

It is possible that different bookmakers have different odds for the same match. As an example let's consider a match with only two possible outcomes.

Bookmaker A offers these odds:
Home win 1.30
Away win: 4.20

Bookmaker B offers the following odds:
Home win 1.20
Away win: 4.50

If you were to find this, you could possible take advantage of the difference, make bets on both outcomes, and make a profit no matter who wins the match.

Definitely, the formula is very simple. just bet on Bookmaker A @ 1.30 odds and Bookmaker B @4.50 odds.
If I were to bet, I will bet $1,000 to  Bookmaker A @ 1.30 and if that wins, I'll be break even because I'm going to put a bet on Bookmaker B @4.50 at $300 which would give me a win of  $1,350.00, so less $1,000 +$300, my profit would only be $50... At least there's nor risk.  

Hm.... This sounds interesting, I haven't thought about it. This indeed feels attractive, and if there's only the home win option and the away win option, and we neglect any additional fees, it works perfectly. However, this does not account for a draw! And a draw is quite a significant possibility, right? So at least we need to limit the variety of games significantly. And, to be honest, it's hard for me to think straight and determine which games are these. Sure, in some games draws are rare, but they're still possible. And in soccer they are very often the case, so the risk is quite high. Or one has to bet on double chance.

It's hard to apply arbitrage betting on soccer due to the draw option, I think it's more suitable on basketball as there's no draw in that kind of game.

This is comparable to arbitrage bots trading at crypto-exchanges. For coins with little volume, prices may vary considerably. Had a case the day before yesterday where AERGO on Kucoin cost 0.044c per coin, on HitBTC it was 0.068c. If one is fast enough to buy the coins on Kucoin, transfer it to HitBTC and sell it immediatly, it may be quite worth the effort. But this functions however only with less well-known Coins with low trading volume.

I think it will be the same here and you will only be able to use arbitrage for less frequented sports, right?

This could be applied in trading too, I have made some profit in the past using the site you've mentioned, usually it happen on coins with very low volume but in sports you can clearly expect that a site would accept a decent amount of your bet since it's an action from different site, and the fact that you are using 2 sites for this, it's never a problem for you to explain on a certain site of your intention.

[Yogee]

I've been searching for a couple of minutes but all I can see are sites that lists best or top bitcoin casinos. It would be great if someone would be diligent enough to collect data from at least 10 bitcoin bookies and put in one site.

.....
I think it will be the same here and you will only be able to use arbitrage for less frequented sports, right?

It could also be that if bookmaker A's odds dropped, bookmaker B's odds could also drop but are still higher than A. So you can still do arbitrage for more popular sports.

[tomahawk9]

Bitcoin, fiat, it's all same cuz sure betting doesn't care about the currency used in X or Y bookie

<...>
If you were to find this, you could possible take advantage of the difference, make bets on both outcomes, and make a profit no matter who wins the match.

But only for a limited time. Bookies are always one step ahead of us, they know almost every customer pattern and behaviour to spot arbitrage betting. So, as soon as the bookmaker finds out that you're arbitrage betting and on top of that making bank, they'll quickly limit you and then you're screwed.

there are some ways to avoid getting detected by the bookies' bots or staff (but sooner or later you will get caught), but they just take too much effort, plus there's also the part where you to find specific lines on many different bookies and that takes A LOT of time...All in all, sure betting is extremely tedious and not worth it the long-term

[Pmalek]

This indeed feels attractive, and if there's only the home win option and the away win option, and we neglect any additional fees, it works perfectly. However, this does not account for a draw! And a draw is quite a significant possibility, right?

A draw can happen in many sports but not all of them. For example tennis and volleyball don't have draws. There has to be a winner of the match.

I think it will be the same here and you will only be able to use arbitrage for less frequented sports, right?

It is hard to do in today's world where the bookies are well organized and have systems in place to detect such activities. And the odds are more and less the same across all sites. But it is still possible.

It's hard to apply arbitrage betting on soccer due to the draw option, I think it's more suitable on basketball as there's no draw in that kind of game

A draw is possible in basketball and they happen from time to time. Here is a match from the Spanish league that was played about a week ago. The match ended in a draw and went into overtime. If you placed a bet on either of the teams to win, you would have lost. Unless your bet covers possible overtime which is usually not the case.



Another sport where it could be used if the odds are favorable is ice hockey. Ice Hockey often offers 2-way betting where the draw is counted as no bet and the bookie returns your stake. But draws in ice hockey are quite frequent occurrences.

[ralle14]

Sure bets is the same as arbitrage betting right ? You should check out bitedge/bitodds for those type of bets as they give out the best odds on crypto sportsbooks that would give you those guaranteed profits. They also have an odds comparison between each bitcoin sportsbooks and here's the link to their current arbitrage bet.

[Google+]

Oh, you make it sound so simple.
But the truth is, it's hard to find good arbitrage betting opportunities. Most bookmakers have well-matched odds. But even when you find a good arbitrage (more than a few percent difference) chances are you don't have an account on both platforms or you don't have enough funds on both platforms to make bets.

if I do that I think it will have a very high risk, it is better to arbitrage bet on a platform that has a good reputation and of course stay alert, because there are some new gambling places that only accept deposits but cannot make withdrawals so that our assets are trapped in gambling place.

[Ziskinberg]

Oh, you make it sound so simple.
But the truth is, it's hard to find good arbitrage betting opportunities. Most bookmakers have well-matched odds. But even when you find a good arbitrage (more than a few percent difference) chances are you don't have an account on both platforms or you don't have enough funds on both platforms to make bets.

if I do that I think it will have a very high risk, it is better to arbitrage bet on a platform that has a good reputation and of course stay alert, because there are some new gambling places that only accept deposits but cannot make withdrawals so that our assets are trapped in gambling place.

That's a must, you won't gamble in a site that you think will scam you, as a gambler we should know that, and we should also know that there are plenty of sportsbook in the crypto space and not all of them have the same odds provider, hence this opens up an arbitrage betting opportunity if we are working enough to find those opportunity, but since there's a system built for that, unfortunately not free, so it's up to you if you want to avail, pay the plan, they'll do the job for you.

[logfiles]

However, this does not account for a draw! And a draw is quite a significant possibility, right?

This and the fact that some bookies are so strict in their terms and conditions in regard to arbitrage betting could be the main reasons it's so unpopular when it comes to sports betting. I read some scam accusation a number of months ago where someone got banned  by one of the bookies for arbitrage betting.

[bitbollo]

Is this what you are looking for or....!

Building a new directory of Gambling sites and Gambling Affiliate Programs on a high traffic'd site. BitcoingamblingSites.com

First 10 submissions for Bitcoin Gambling, Casino, Poker, Dice Sportsbook sites are free if you post below. After which submissions will be 0.35 BTC or drop us a link to our site. Post below, once 10 FREE submissions are gone, Use form here: http://bitcoingamblingsites.com/submit-site/
Please include URL, and a short description of your gambling site (max 150 characters).

You link will be located here: http://bitcoingamblingsites.com/directory/

Gambling Affiliate Program Directory

First 5 affiliate programs who post below will be FREE. Please include affiliate program URL, a description of your site (max 150 characters) and a description of your affiliate offer (max 250 characters - rev share? CPA? Whats payout structure?)

You site will be featured Here: http://bitcoingamblingsites.com/affiliate-programs/

Once the 5 FREE submissions run out, use this form: http://bitcoingamblingsites.com/bitcoin-gambling-casino-dice-sportsbook-affiliate-programs-directory/

OP, can you explain about your question "tracker", I really do not know and understand what you ask.

Have you ever find website that track also bitcoin bookmakers?

About the Bitcoin bookie tracker site.
If I'm not mistaken, have never found a site that can track bookies.

there are some sites that follow all classic bookmakers trying to follow some odds that allow a sure bet.
I know the Italian version of https://www.oddsmonkey.com/
Maybe there is something like this also for bitcoin gambling sites.

[Viscore]

However, this does not account for a draw! And a draw is quite a significant possibility, right?

This and the fact that some bookies are so strict in their terms and conditions in regard to arbitrage betting could be the main reasons it's so unpopular when it comes to sports betting. I read some scam accusation a number of months ago where someone got banned  by one of the bookies for arbitrage betting.

Some sports betting sites are having a DRAW option which I don't think also that gonna be impossible a bettor will put their bets on that.

Gamblers had to find their way to ensure that they never lose and the reason why they'll go into arbitrage gambling. The risk is too high coz it also be possible that you lose all you bets on one draw that is why only a few had eager to do this. I don't think if that is the reason why someone got banned from using that strategy as you've said because there is no wrong with that and nobody knowns that as well.