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
Steam move in betting
Steam move in betting is a situation where a bookmaker suddenly and rapidly changes the odds due to receiving a large amount of bets on a specific event. In this way, the bookmaker...
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...
Single
Single – a single bet or a bet on one event within one match.
Live bets
Live bets – bets on matches that take place in real time.
Ratings
by CyberScore
Esports betting sitesby CyberScore
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