How to bet both sides

Step 1 - Create an Account

You will need a sportsbook account to get started. Compare various sportsbook apps for the best sign-up promotions.

Start with Draftkings
Start with Unibet
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Step 2 - Look out for Promos

Sportsbooks continue to offer promotional deals after signing up to keep users coming back. These promotions might be called “Profit Boosts”, “Odds Boosts”, etc. 

Check out Current Promos

Step 3 - Bet Both Sides

Use promotions to increase the payout odds to allow for a profit when betting on all outcomes of an event.

Bet on a team to win or lose and secure a profit no matter the outcome.

Be sure to read the terms and conditions of the promotion!

Check out an Example
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F.A.Q.

Tell me more

Yes, it is legal to bet on multiple outcomes of an event or game.

There is minimal risk involved when betting both sides. 

A user could make an error when placing a wager or the odds could potentially change while making wagers (try to avoid live games).

Since you are limiting your risk, the rewards are also limited. The profits will depend on the ongoing promotions and the amount wagered. 

Most of the time a set of bets can profit around $1 to $5, but can be $20+ for special events.

This will depend on the number and type of promotions by the sportsbook. It can be as much as $200-300 a month.

That is a good question… by betting both sides you reduce the risk, which reduces the maximum potential reward. This takes the entertainment value away for some people. It also takes persistence over time, which may be a deterrent for some people.

Detailed Example

Without a Promotion

Team A currently has a +130 payout if they win the game. If you bet $50 on Team A and they win, you would win $115.

Team B currently has -150 payout if they win the game. If you bet $68.86 on Team B and they win, you would win $115.

You are betting $118.86 to guarantee $115. You will lose $3.86 no matter who wins. 

With an 50% Odds Boost Promotion

Team A currently has a +130 payout if they win the game. When you apply the 50% Odds Boost the payout becomes +195. If you bet $50 on Team A and they win, you would win $147.50.

Team B currently has -150 payout if they win the game. If you bet $88.50 on Team B and they win, you would win $147.50.

You are betting $138.50 to guarantee $147.50. You will win $9 no matter who wins.