Betting fork in Betting

Ad blocker detected!

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

Distance

Distance – the total number of bets made by one player. The balance of winning and losing bets on the distance allows you to evaluate the success of the bettor.

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.

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...

Live bets

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