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.
Can also be useful
Flat betting
Flat betting is a strategy which means that a player always bets a fixed amount or percentage of his total bankroll on every event.
Bankroll
Bankroll is the amount of money a player sets aside for betting at bookmakers. Ideally, it should be an amount of money that you can afford to lose.
Value bet
Value bet – this concept means a situation when the odds at the bookmaker are significantly different from your prediction for the match and you are sure that you have an advantage...
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 ...





