Sports betting strategies

Exchange Betting Example

 

Exchange betting example on a Euro 2008 game between Czech Republic and Turkey.

 

Of course, it was impossible to predict a winner upfront, as both of the teams were incredible. The game was in-play, Czech team leads with 1-0. We decide to Back Turkey with 4€ at 16. Soon after that, the Czech lead 2-0. Now, the odds on Turkey are even higher and we'll use this to back them with 4€ @ 200!. In 75th minute, the score still remained unchanged, leaving us with 8€ of loss.

 

But then - Turkey scores for 2-1! The odds are falling, from 200 to 36! Perfect surebet situation.

 

All we have to do now is to bet against Turkey. Using Betfair calculator,  we adjust the stakes and make 13€! (-8€ stake = 5€) Still, watching the game on TV, we can see that the game is far from over. Let's back Turkey once again. 4€ @ 36. In a minute, they score again for 2-2! The odds are falling from 36 to 4! And even before we place the lay bet, Turkey scores once again for 2-3!!! There are still three minutes to be played and the Czech could easily achieve another goal, making the game a draw. The odds against the Turkey are now 1.07 and let's not risk anything else - let's close the deal.

 

 

From 36 (BACK) to 1.07 (LAY) makes 130€ profit, no matter who wins in the end - at only 4€ stake!