What happens if you bet on both teams?

Betting on both teams (also called arbitrage betting or middling) can result in the bettor making a profit — regardless of the outcome — by placing one bet per each outcome (and with different betting companies).

zensports.com - Can You Make Money Betting on Both Teams? - Zensports

How much does a $100 two-team parlay pay?

How much does a $100 two-team parlay pay? If you wager $100 for a two-team parlay, your projected payout is $725.

Last updated Aug 14, 2022

How much does the IRS take from lottery winnings in Florida?

Fourteen states don't levy additional tax on lottery winnings: Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire, South...

Last updated Jan 19, 2020

Make Your Bookie Cry And Pull The Hair By Generating $23,187

Promotion

Can You Bet on Both Teams in Sports Gambling?

Many sports bettors wonder if they can bet on both teams. The answer is …

… yes, but it depends on the circumstances.

Again, the conditions must allow it.

Arbitrage betting arises when bookmakers have different opinions on the outcome of a sports event. It’s the most talked-about when learning about betting on both teams, so we’ll focus on arbitrage betting here and compare it to middling in a bit.

So stick with us.

The right condition (which can be rare) would provide the odds being so far apart that you can bet and win regardless of the outcome.

Let’s look at an example:

Say you bet $100 on the Cardinals at +110 against the Cubs with one sportsbook. You’d profit $110 with a win. Simultaneously, another sportsbook lists the Cardinals at -105 and the Cubs at -105.

Can you make money betting on both teams?

You can bet $105 on the Cubs to win $100 and guarantee either a break-even or $5 profit. Note that these arbitrage bets are more often available to bettors wagering on opening lines, and that they quickly disappear.

Arbitrage bets require:

Shopping around

Using multiple sportsbooks; and

A decent knowledge of betting.

ZenSports takes the guesswork out of betting (for betting pros or rookies) and gives you the most choices of any sports betting app out there, getting rid of the need for a middleman sportsbook. Bet against the house, create your own bets against others in our marketplace, or bet with your friends.

What Happens if You Bet on Both Teams to Win?

When you bet on both teams to win (arbitrage betting), you are guaranteed to win one of them and go 1-1.

How much you win, and continue to win, depends on:

Has a rich person ever won the lottery?

His win of US$314.9 million in the Powerball multi-state lottery was, at the time, the largest jackpot ever won by a single winning ticket in the...

Last updated May 6, 2021

How do I get instant answers on Google?

How to optimize for and rank in Google Quick Answers: Select a topic that is interesting for your users. ... Create quality content relevant to the...

Last updated Dec 16, 2020

Promotion

What does a +5.5 point spread mean?

If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win. For example, if a spread is (+5.5)...

Last updated May 12, 2022

Is a 20 bonus good?

What is a Good Bonus Percentage? A good bonus percentage for an office position is 10-20% of the base salary. Some Manager and Executive positions...

Last updated Oct 17, 2021

Promotion

Why do people bet online?

One of the most important factors is convenience. It is much easier to place a bet online than to do it in person, and this means that more people...

Last updated Mar 13, 2021

Promotion

What does a 4.5 spread mean?

Following this example, the Chiefs are at -4.5. This means that in order to win on the point spread or cover, Kansas City would need to win the...

Last updated Jan 23, 2022