This new series of articles will cover the mysterious topic of Arbitrage betting and I hope will be another worthy skill for you to develop on your way to become a serious punter.
Arbitrage sports betting (known as “arbs”) has been around for a long time. It is rumored to have been originated in England. Arbitrage sports betting is a simple concept in where you find different odds across different bookmakers and create a situation where you can’t lose.
Before the internet this was no easy task, it required teams of people. The team would have to be physically spread out at different bookmakers and in constant communication to find arbitrage sports betting opportunities. Every member would also need to be carrying the sufficient amount of currency to place the wagers. If the wager was not placed in time then the arbitrage opportunity would be lost and the team could suffer a significant loss to their capital. Arbitrage betting opportunities would only last a few hours as bookmakers are constantly watching other competition and changing their odds.
The birth of online sports betting changed all of this, now you can sit at home and check the odds on hundreds of bookmakers. Bookmakers can now also check odds across hundreds of sports books; this meant that arbitrage bets only last on average fifteen minutes. Finding profitable arbitrage opportunities requires patience and due diligence. There is also the chance of human error when under pressure to find arbitrage bets quickly. That is why special software needed to be developed to find these nuggets of gold.
Arbitrage sports betting is a way to get regular risk free profits from the massive online fixed odds betting market. In a way it’s like a swoop and scoop of regular small profits from pitting one betting bookmaker against another. Sports arbitrage betting takes it’s origins from arbitrage trading in financial markets. On such markets an arbitrage trade exploits the difference in the price of a listed company on a stock market in different countries. In the world of sports arbitrage betting it is differences between the price (odds) of bets that are exploited for profit.
This series of articles will investigate what sports arbitrage trading is, what sort of budget you need for sports arbitrage betting, how sports arbitrage exploits pricing inconsistencies between bookmakers, what types of sport arb trades there are, what are the risks with while arbing (oh yes! There are risks, believe me!), why sport arbitrage bets occur, the basics of how to be successful at sports arbitrage betting and which betting bookmakers are best for online sports arbitrage betting.
It should be noted that in no way is this form of betting any type of gambling. When you gamble to take a risk that you might you lose. You cannot lose when you use a sports arbitrage betting system. You just need to know how to do it. Sports betting systems come and go, but the arbitrage approach is the only system that guarantees a payout as long as you get both bets on in time!
The next article in this series can be found here: Theory of Arbitrage Betting