3-Way Arbitrage Calculator. Surebet

What is 3-Way Arbitrage?

A 3-Way Arbitrage strategy involves betting on all three possible outcomes of an event (Win, Draw, Lose) using different bookmakers. This guarantees a profit regardless of the result.

How Does It Work?

Arbitrage exists when:

(1 / Odds 1) + (1 / Odds 2) + (1 / Odds 3) < 1

If the sum is less than 1, a surebet opportunity exists.

Example Calculation

A soccer match has the following odds:

Bookmaker 1: Team A – 2.80
Bookmaker 2: Draw – 3.40
Bookmaker 3: Team B – 2.60

Step 1: Check for Arbitrage

(1 / 2.80) + (1 / 3.40) + (1 / 2.60) = 0.969 → Arbitrage exists.

Step 2: Calculate Stakes (for a $100 total bet)

Team A: $35.75
Draw: $29.27
Team B: $34.98

Step 3: Calculate Profit

If Team A wins: $100.10
If Draw: $100.12
If Team B wins: $100.04
Guaranteed profit: $0.10 – $0.12

Pros & Risks

✅ Pros:

Profit regardless of match outcome.
Works well in sports like soccer and hockey.

⚠️ Risks:

Odds change quickly.
Bookmakers may restrict accounts.
More complex than 2-way arbitrage.