What is a bookmaker’s fork?

Betting odds bookmakers are now quite popular. Firstly, there is a growing desire to take advantage of such an opportunity and supplement your budget. Secondly, it is possible to use their services from the comfort of one’s home, as many of them operate online.

As sports betting has become more in-demand, which is a big competition for betting enthusiasts, various winning strategies are being developed, which can be explored at https://writemyessaygalaxy.com/. One of them is “bookmakers’ forks”, which bookmakers hate.

How the strategy works

A bookmaker’s fork is a case where two betting offices put approximately the same odds on the outcome of the same sporting event, but one office bets on the first potential outcome and the other on the opposite. If the gambler makes both bets, he will be in the black, no matter how the event ends.

Using an example, it works as follows. There will be a game between two teams, A and B. One bookmaker has set a certain odds that team A will win. The second bookmaker has bet on team B winning. The gambler will go to one bookmaker and bet on team A winning, and the second bookmaker on team B losing. He ends up with a win either way.

The only downside to this strategy is that the bookmakers often inflate the odds. Such a theme is aimed at increasing the attractiveness for customers. This is how bookmaker’s forks essentially appear, but the subtlety is that the odds are set in a special way.

Finding a bookmaker’s fork

Many people mistakenly believe that it is possible, taking an upcoming sporting event and in one company to bet on one of its outcome, and in the second on the opposite, you can immediately get a win. Like, the odds are equal and there is no hassle. But this is not how it is done.

Bookmakers are not stupid. Competing with other bookmakers, they know how to determine the most profitable for them odds. That is why the fork is not presented in the open. In order to detect it, some calculations have to be done.

Various tools with appropriate software can be used for such a task. They monitor the information of all available bookmakers, automatically calculate and compare it, and then give the result to the user.

It is also possible to identify and determine a fork manually. In such cases, a special formula is used:

1/coefficient on the 1st outcome + 1/coefficient on the 2nd outcome = Fork

A fork is when the result according to this formula is less than 1. When its value B>1, there is no fork.

How to take advantage of a “fork”

When it turns out that there is a fork, you can take advantage of the situation and stay in 100% of the profit. First of all, you need to determine the size of the bets on both outcomes of the event. To do so, use the formula:

(1/the odds of the outcome X 1/wire) X bank = bet size

However, “forking” is considered a cheat by the bookmakers. If a player is caught cheating, his winnings may be cancelled and his account blocked.