1. What is a Surebet Calculator 3 Way?

The Surebet Calculator 3 Way helps bettors calculate the optimal stake distribution across three different outcomes to guarantee a profit regardless of the result. This strategy is also known as arbitrage betting.

2. How Does the Calculator Work?

The calculator uses the surebet formula:

Where:

• \( Total \) — Total stake amount to be distributed
• \( Odds1 \) — Decimal odds for outcome 1
• \( Odds2 \) — Decimal odds for outcome 2
• \( Odds3 \) — Decimal odds for outcome 3

Explanation: The formula calculates the optimal bet amount for the first outcome, then derives the amounts for the other outcomes proportionally based on the odds ratios.

3. Importance of Surebet Calculation

Details: Proper surebet calculation ensures profit regardless of the outcome, making it a risk-free betting strategy when odds discrepancies exist across different bookmakers.

4. Using the Calculator

Tips: Enter the total stake amount in dollars and the decimal odds for all three outcomes. All values must be positive numbers with odds greater than 0.

5. Frequently Asked Questions (FAQ)

Q1: What is a surebet/arbitrage bet?
A: A surebet is a betting strategy that involves placing bets on all possible outcomes of an event with different bookmakers to guarantee a profit.

Q2: How do I find surebet opportunities?
A: You need to compare odds across multiple bookmakers and identify discrepancies where the implied probabilities total less than 100%.

Q3: Are surebets legal?
A: Yes, surebetting is legal, but bookmakers may limit or close accounts of bettors who consistently use arbitrage strategies.

Q4: What are the risks of surebetting?
A: The main risks include odds changing before all bets are placed, human error in calculations, and bookmaker restrictions.

Q5: How much profit can I expect from surebets?
A: Profit margins are typically small (1-5%) but guaranteed. The key is volume rather than high individual returns.