How to Use Sports Arbitrage Betting
When the internet really became the online force that it is today it opened up many opportunities to ordinary folks like me and you that we never had before. As well as giving us the ability to buy products cheaper connect with others all over the world other instantly it also gave us instant access to whatever information we need it also allowed us, for the first time, to learn things that only small elite groups knew and profit from them. Sports arbitrage betting is one such profit opportunity.
For decades this 100% legal and guaranteed winning systems was kept “under wraps” by professional gamblers who knew how to wok the system to make large piles of cash (millions in some cases).
Using arbitrage betting systems these professional gamblers knew when they placed their bets exactly how much money they were guaranteed to win. There was no luck involved. There was no gambling taking place. There was just a guaranteed payout – every time!
The practice of arbitrage betting, or arbitrage trading as it is often called, is utilizing opportunities to guarantee a profit by taking advantage of price differentials between two or more bookmakers or online betting sites.
Prior to the internet and sports arbitrage software it usually took two professional bettors to be in two different bookmakers so they could place their bets in tandem before the odds changed. Now it can be chess gambling done in moments, by the same bettor, using the power of the internet and basic home computing equipment!
So how does it work?
Bookmakers and online betting sites work with their odds in a way that will always ensure they make a profit. This means that the odds given by one betting site may differ slightly, or greatly, from the odds given by another betting site.
As I have already mentioned when a bookmaker calculates the odds of a sporting event he will make sure he always makes a profit and will therefore adjust his odds as bets come in. As more people bet on one side of a sporting event so the odds for them winning will be brought down to ensure the bookmaker stays in profit.
However, a different bookmaker may be experiencing the exact opposite happening and this he will adjust his odds to ensure that he is in profit.
This means that these two bookmakers have dramatically different odds from one and other – sometimes the exact opposite.
An example of this would be when one bookmaker has Team-A at 11/10 while a second bookmaker has Team-B at 11/10 because each bookmaker must attract the type of bet that will help them balance their books and ensure a profit.
By placing a bet on each side to win with the respective bookmakers who are offering 11/10 odds you ensure a profit for yourself.
Arbitrage usually has a rather small return on investment usually between 3% and 5%. However, it is a guaranteed return and thus a stake can be quickly built up so that you have sufficient betting funds to earn large sums of money. For example a $100 on each sports side would cost you $200 and only guarantee $210 return (a profit of $10) but because this is guaranteed you can very quickly turn that $210 into thousands!
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