The method of insurance rates in the outright market for guaranteed profit

Hedging, or, in a simple way, bet insurance is used by experienced players not only in the markets like "money line" or, for example, "total", but also in "outright", that is, bets https://www.techtalkies365.com/sports-betting-in-india/ for the winner of the competition. How to correctly apply this method and what benefits can be obtained from this, we will describe in this article.

Predicting the winner of a particular tournament in advance is not an easy task, even if the favorites are known in advance. In addition, when betting on them, as a rule, bookmaker's odds are not the most attractive, and therefore many bettors are forced to risk significant amounts. Meanwhile, when using a hedging strategy, you can make a profit in the outright market even before the end of the competition.

Basics of the method

Let's say right away that insurance is a completely different strategy from arbitrage bets. In arbitration (or so-called "surebets"), players open an account with several bookmaker companies at once and place bets on directly opposite outcomes of the same event (for example, TB 2.5 and TM 2.5 in football), taking advantage of the discrepancies between the odds ...

When hedging, it is enough to have a single gaming account in a branch that is loyal to successful players and make a bet opposite to your initial one, taking into account changes in the circumstances and conditions of a particular sporting event.

To understand how this happens in practice, let's look at one example. At Wimbledon 2015, the Spaniard Garbinier Mugurusa created a sensation: the 21-year-old tennis player reached the final of this most prestigious tennis tournament, where she was to fight Serena Williams. At the same time, before the start of the competition, the coefficient for her victory was about 41.0 for most bookmakers, which did not take into account the potential of the young athlete at all: a few months earlier, she had already knocked out the experienced Williams from the drawing of another Grand Slam tournament, the French Open.

Thus, having made a bet on the victory of Mugurus in the amount of 1,000 rubles before the start of the competition, the bettor could have received 41,000 rubles in total - a good bonus, right? It should be borne in mind that already before the final, Williams' winning odds were 1.85, which created excellent preconditions for hedging the bet and making a profit regardless of who wins the final.

How to calculate profit?

So, we simply perform the mathematical operation of dividing the estimated return on the initial bet by the odds on the bet on the opposite result: 41000 / 1.85 = 22162. The result obtained will mean the very bet that we will have to put on the American woman's victory before the start finals.

Now, regardless of the outcome, we will be guaranteed to have a profit in the amount of, as it is easy to calculate, more than 17,800 rubles. Note that the amount of risk in this case did not exceed 1000 rubles, and you will have an additional opportunity to enjoy beautiful tennis, realizing that you have already won this match.

Strategy adjustments

However, like any other strategy, the outright insurance method does not have to be dead. For example, you are almost sure before the final that Williams will win (by the way, this is how it happened in the end - 6: 4, 6: 4). Then you simply increase the amount of the bet to win it, for example, up to 30,000 rubles. Then, in the event of her triumph, you will receive a total profit of 24,500 rubles, but if the Spanish tennis player wins, your profit, of course, will decrease and will be "only" about 10,000 rubles.

Note that before the start of the tournament the quotation for Serena Williams to win it was 3.5, that is, by betting the same thousand rubles, you could win only 3,500 (and the profit would have been 2,500 rubles). Agree that in this situation, the hedging method looks even more tempting.

In conclusion, let's say that the main thing in this strategy are two things - the definition of the "shadow" favorite of the competition and the correct calculation of the safety rate.