English Of course, this type of betting does not have as rich a history as betting itself, which appeared before our era. What is the condition for an arbitrage betting situation to arise? A bookmaker's different assessment of the outcome of a particular event and, as a consequence, different odds on them.
Of course, this type of betting does not have as rich a history as betting itself, which appeared before our era. What is the condition for an arbitrage betting situation to arise? A bookmaker's different assessment of the outcome of a particular event and, as a consequence, different odds on them. In a situation where there are few bookmakers, and making several bets at different ones requires visiting them all and managing to place the bet at the required odds, this becomes practically impossible.
The rapid development of the surebet market was driven by the development and widespread adoption of the internet and, as a consequence, the development of the online bookmaker business. With the possibility of placing bets without leaving home and covering all sides of a surebet in literally 2-3 seconds, this business began to develop rapidly.
Speaking of Russia, one of the first surebet scanners to appear on the market and still operating today is SureBet. It is worth noting that over time the service has been losing ground to more aggressive and modern competitors. Its design has not been updated for a long time, the once-lively and sometimes very heated forum has quieted down, and the administration does not update the news very often.
BMBets — a completely free service for comparing bookmakers' lines and odds. Launched in 2010, it naturally managed to draw many customers away from paid services, but not for long — after all, it turned out to have more disadvantages than advantages, with the main one being the availability of information to thousands of players at once and, as a consequence, a rapid drop in odds and quick “bans” from bookmakers for surebets.
In 2012, the AllBetsBets service was established. At first, it scanned only prematch surebets; the service was fast, the number of errors was minimal, and its pricing policy was very loyal — all of this became the key to its success for many years. Its qualitative distinction from competitors is continuous development: new bookmakers and functionality are added, the design changes — all of this makes the service truly number 1. The scanner team is developing the service not only for the Russian-speaking segment of the market, but also for European countries — a separate project, BetBurger.com, was created for this purpose.
In 2013, PositiveBet introduced a live surebet scanner. And it was a real breakthrough! What others had long threatened to do but failed to accomplish was achieved by the service's developers. At first, there were not many bookmakers being scanned, but the processing speed was sufficient for players to gain a real edge over bookmakers, for whom live surebets were a novelty and who could not detect them for a long time. The scanner continues to develop, but only in the direction of in-play betting. Later, in 2015, online surebet scanning appeared at AllBestBets as well, which also worked only to its advantage.
New services for finding arbitrage betting situations appear constantly. In 2016 alone, services such as A-Bets and BettingHive emerged. They entered the market with an interesting offer for players in terms of service fees and the functionality they claimed to provide. Time will tell how their stories develop. We, for our part, will closely follow all market participants and provide readers with up-to-date information about each of them.