Betting fork in Betting

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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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Stake refund

Stake refund (cancelled bet) – is a situation when the amount of the bet made is returned to the player's account based on the result of the match. This can also happen if the even...

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.

Live bets

Live bets – bets on matches that take place in real time.

Maximum

Maximum (bet limit) – the maximum amount that a player can bet on a match or event. Limits depend on a number of factors: the prestige of the tournament, the type of sport, the sta...