What is Betting fork?

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Betting fork
Betting fork (arbitrage betting) is a situation when you bet on all possible scenarios in a single match at different bookmakers and are guaranteed to win due to the correct proportion of bets.
How it works: the odds for the victory of “Team 1” in a best-of-3 Dota 2 match at one of the bookmakers are 1.5 (66.7% probability), and for the success of “Team 2” at another bookmaker are 3.5 (28.6%). The total probability of these two mutually exclusive events occurring is 95.3%. So in this situation, by betting $70 on Team 1 to win for 1.5 and $30 on Team 2 for 3.5 at different bookmakers, you are guaranteed to win 5 dollars.
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Underdog
Underdog – a team or player that is considered weaker than their opponents before the start of the match.
Cashback
Cashback is a type of bonus offered by bookmakers to active and loyal players. It involves returning a percentage (portion) of the money you bet, regardless of the match result.
Betting line
Betting line – a list of markets that a bookmaker offers for a particular match before it starts. The range of markets (the number of events you can bet on) usually depends on the ...





