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Arbitrage Sports Betting
System: a Pathway to Victory for Punters |
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To a new user, arbitrage
betting can almost seem like magic. In sports betting, everyone knows that your
bet can either win or it can lose. Theres no third option. This
isnt the case when youre using arbitrage betting. This system
involves you winning and losing at the same time, and making a profit while
youre at it. If youre not a betting expert, this can sound
confusing and perplexing. So lets examine the concept of arbitrage
betting and see whether or not this type of betting is good for
you.
The Basic Principle
Behind Arbitrage Betting
The arbitrage system involves placing
bets on all of the possible outcomes of an event at different bookmakers and
then making a 100% profit from the difference in price between the odds
provided by them. Needless to say, because of this, arbitrage betting can only
work on bets with two to three possible outcomes (e.g. tennis, football, or
boxing).
The beauty of arbitrage betting is in the fact that even
people who dont fully understand sports can have immediate success and
make money from football betting
predictions. It doesnt require luck. Theres no statistical
analysis involved. And it isnt some complex strategy that will take years
to fully understand.
And even though some bookmakers may attempt to
prohibit it, arbitrage betting is completely legal. At the end of the day,
youre not breaking the rules. Youre just placing bets on the same
game at different bookmakers. Thats it.
And yet, despite all of
this, this betting strategy is not that widely used. Lets take a closer
look.
The Basics of
Arbitrage Bets
Usual sports betting works in a simple,
easy-to-understand way. All you have to do is place a bet on one specified
outcome. It can be a home win, a draw, or an away win. Arbitrage betting means
betting on all three of these outcomes by using the best odds from different
bookies.
This way, you as a player can always make a small profit from
each bet. The thing to remember is that the odds you choose need to be higher
than their market value. This is the first thing you need to be careful about.
In most cases, bookkeepers will offer odds below their market value, because
this is a way for them to make guaranteed profits. If you take some event and
convert all odds to percentages, you will never get 100% but always slightly
above which is how they make their profits.
Because of this, locating
odds above the market price is an art in of itself. Such deals are mostly found
when new operators are trying to lure away players from older
bookmakers.
The
Tricks
Arbitrage betting has its potential tripwires. The first
is that it requires you to do some market monitoring. When working with
arbitrage betting, you have to place bets at different bookies in order to be
profitable and it is always better chasing events where the scales are close to
even and not where there are large favourites.
Another one of them is
the size of the necessary capital investment. You need to have a large bankroll
to cover bets that will provide small profits. Additionally, the system is
better used when there are two possible outcomes (such as in tennis) rather
than three like in football. Also, you will have to be quick in placing bets
since the best opportunities will last only for a couple of minutes. This can
make arbitrage betting quite time-consuming.
The good news is that, in
the modern era, there are internet-based solutions that will locate arbitrage
bets for you online. You just have to find one thats right for
you.
Lastly, not all sports events are suitable for arbitrage betting
since a prerequisite is a difference in odds. But that just comes with the
territory. With time, you will know how and where to locate the right events.
All you need is time, patience, and experience. |
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