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Comparison of Arbitrage Betting and Value Betting

Betting on sports events has long since become not only a way to support your favorite team but also a serious source of income for many people. Among the variety of betting strategies and methods, particular attention is drawn to concepts such as arbitrage betting (surebets) and value betting. Both approaches involve taking advantage of errors or miscalculations by bookmakers to generate profits, but they differ significantly in terms of mechanics, risks, and opportunities. In this article, we will take a closer look at each of these methods and provide a comparative analysis of their profitability, risk, and accessibility.

Arbitrage Betting

Arbitrage betting, or "surebets," is a situation where two or more bookmakers offer different odds on the same sporting event, allowing you to bet on all possible outcomes and guarantee a profit regardless of the result. The principle of arbitrage betting is that the difference in odds enables you to cover all possible outcomes, ensuring that the total payout will exceed the sum of the bets placed.

Example:

  • Bookmaker A offers odds of 3.1 on the victory of the first tennis player.
  • Bookmaker B offers odds of 1.55 on the victory of the second tennis player.

By placing bets on both outcomes in specific proportions, which can be calculated using an arbitrage calculator, you can guarantee a profit no matter which player wins.

Advantages of Arbitrage Betting

  • Guaranteed profit. With the correct execution of arbitrage bets, the bettor is always in profit.
  • Relative simplicity of calculations. There are special arbitrage calculators that help calculate the exact stake amounts to ensure guaranteed profit.
  • Independence from event analysis. Arbitrage betting relies solely on differences in odds and does not require a deep understanding of the sport or outcome predictions.

Disadvantages of Arbitrage Betting (Surebets)

  • Risk of account suspension: Many bookmakers actively combat arbitrage bettors, and once surebettors are detected, their accounts may be blocked, and funds frozen.
  • Low returns per surebet: Arbitrage bets typically yield a relatively small profit, around 3-7% of the stake amount.
  • Challenges in manual detection: Surebets appear and disappear quickly, so successful arbitrage requires access to automated detection services, which are often paid and represent an additional expense.

Value Betting

Value bets are placed on outcomes where the bettor believes the bookmaker has mispriced the odds, offering higher odds than the actual probability of the event. For example, a value bet occurs when a bookmaker offers odds higher than 2.0 on a strong team, providing the bettor with a potential advantage.

Unlike surebets, value betting relies on analyzing sporting events and the bettor's ability to identify undervalued or overvalued markets.

Advantages of Value Betting

  • High potential returns: If the bettor makes the right choices, the profits can be significantly higher than with surebets, especially when bookmakers make significant mistakes in their odds calculations.
  • Lower risk of account suspension: Unlike arbitrage betting, value betting does not violate bookmaker rules, reducing the likelihood of account suspension.
  • Broad opportunities for analysis: Bettors can apply various strategies and methods of analysis to identify value bets, making the process more intellectually engaging and interesting.

Disadvantages of Value Betting

  • No guaranteed profit: Unlike arbitrage betting, there is always a risk of losing with value bets, which can lead to a loss of the stake.
  • Requires in-depth knowledge: Successful value betting requires a solid understanding of sports, statistics, and event analysis. Many surebet scanners offer access to value betting odds as a bonus with a paid subscription, while Surebet is the only scanner that provides unlimited free access to value betting information.
  • Long-term strategy: The profitability of this method becomes apparent only over time, as short-term wins and losses are possible.

Comparison of Surebets and Value Betting

To better understand the differences between these two approaches, let's compare them across key criteria:

  1. Guaranteed Profit

    The main advantage of surebets is the complete absence of risk. With a proper approach, the bettor always makes a profit. In contrast, value bets carry the risk of loss, as they are based on predictions that may be incorrect.

  2. Required Skills

    Successful arbitrage betting requires only basic mathematical knowledge and access to specialized services for finding arbitrage opportunities. Value betting, however, demands much deeper analytical skills as well as expertise in sports and betting markets.

  3. Risk of Account Suspension

    Bettos who frequently engage in surebets are at risk of having their accounts suspended, as bookmakers actively fight against arbitrage betting. In contrast, value betting does not violate bookmaker rules, so bettors using this method rarely face sanctions.

  4. Profitability

    Surebets provide small but steady profits on each transaction, while value betting can be highly profitable, though the income depends heavily on the accuracy of the bettor's predictions and analysis.

  5. Time and Resources

    Finding surebets requires quick responses and access to the appropriate tools (arbitrage detection services). Value betting, on the other hand, requires more time for analysis and a deeper understanding of the event details.

Summary in Table Form:

Criteria Surebets (Arbitrage Betting) Value Betting
Guaranteed Profit Yes, profit is guaranteed with correct betting No, there is a risk of loss
Required Skills Basic math and access to arbitrage detection services In-depth sports and betting market analysis
Risk of Account Suspension High, due to bookmakers' anti-arbitrage policies Low, does not violate bookmaker rules
Profitability in %% 3-7% Potentially high, but inconsistent
Time and Resources Requires quick actions and tools for finding surebets * Requires more time for analysis and event study*

* - when searching manually. When using scanners, in both cases, the time costs are reduced to a minimum, requiring only the time needed to find the right market and place a bet, which takes experienced bettors about 2 minutes per arbitrage situation.

Surebets or Value Bets – Which is Better?

 

The choice between surebets and value betting depends on the player's personal preferences, goals, and resources. If the main goal is guaranteed profit with minimal risk, then surebets might be the preferred option. However, it’s important to consider the challenges of finding surebets and the risks of account suspension.

If a player is interested in analyzing sports events, willing to invest time in studying matches, teams, and odds, and ready to accept risks, then value betting can become a more engaging and potentially profitable method.

It's also possible to combine both approaches. Some professional bettors use surebets as a stable source of small income while simultaneously placing value bets to achieve larger wins.

Conclusion on Surebets and Value Bets

Surebets and value betting are two different betting strategies, each with its strengths and weaknesses. Surebets offer guaranteed profit but are limited in profitability and come with the risk of account suspension. Value betting offers higher potential returns but requires deep knowledge and a readiness to take on risks.

The choice between these methods depends on the player's goals, risk tolerance, and desire to delve into sports analysis. In any case, both approaches can be useful tools in the arsenal of an experienced bettor.