Sports arbitrage transforms gambling or betting on sports into a very profitable modus operandi of investing. It is a concept that was established nearly two decades ago now, and people continue to make a substantial amount of money from it.
Definition: Arbitrage is a financial term for simultaneously buying and selling the same asset in two different markets to make a profit off the difference in prices.
Time. If you’re an individual who has never done arbing before, you must understand that it takes a while to understand the ins and outs of this form of betting. Even once you’ve grasped the idea, you need to have a considerable amount of capital to ‘play’ with in order to make reasonable profits. Having said that, there is software available to assist you in finding betting opportunities.
When an arb arises, bookmakers tend to change the odds hurriedly so as to close or prevent an opportunity. Some bookmakers will recognise you as an arbitrage trader and could end up limiting you. On the other hand, sports bookers like Pinnacle will not limit you and will accept sizable volumes and considerable odds. That is why a software platform like Autobetting will benefit you. Our software immediately identifies arbing opportunities as soon as they appear and has a smart filter that eliminates most of the problems associated with sports arbitrage, decreasing risk by a huge margin.
Let’s first look at the two main types of traditional sports betting and then we’ll take a look at sports arbitrage.
A traditional form of sports betting. This seems to be the one that people are most familiar with. This is when both parties (a bettor and the bookmaker) both agree on whatever the odds are the moment a wager is being placed. When said wager wins, the odds are paid out even if they’ve been moved. In laymen’s terms, fixed odds sports betting is when you bet on a certain team winning a football match let’s say, and if they win, you get paid out. This is a simple explanation, there is a lot more to it, with a lot more variables. For more information, read this.
Emerging with the evolution of technology, live betting is also a form of fixed odds betting, with the key difference being that you start betting once the match/game has started. There are many variables with regards to this form of betting and bets can be placed right up until the end of the event. Bets are a lot more detailed too, with options like which team will score next etc. One of the key advantages here is that you can feel out an event and decide from there by reading the match/game based on how it’s playing out. There are always surprises in sports though, and anything can happen.
This is the only way to make a constant profit from sports betting with minimal risk. This is when you simultaneously place multiple bets on all possibilities of an event. Profit is a certainty because the outcome of the event doesn’t matter. The key here is that you place bets with multiple bookmakers and not just one or two. Sports arbitrage is based on drawing a comparison of odds at different bookies, finding the best ones, and then calculating whether those odds can make you a profit. Once bets are placed, collect the profits of the odds that were in your favour. This is a time-consuming procedure and you need to know exactly what you’re doing.
The world of sports arbitrage is a complicated one if you are to try and go at it alone. As mentioned before, it can be extremely time consuming and pricey if you aren’t 100% sure of what you’re doing. We recommend using a programme that can assist you with placing strategic bets, on all possible outcomes, on all sides with several different bookmakers. Our software does all the hard calculations and we will teach you sports arbitrage.
Earn extra income on the side with little effort and sacrifice by using our programme to do all the nitty-gritty of arbitrage betting on your behalf. If you are interested in finding out how we can help, register here for free.