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Why Sports Arbitrage?
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Risk Free ProfitsMost people know sports arbitrage betting or surebets as loophole that allows the punter to make risk free profits regardless of the outcome of the event. This occurs because the range of odds being offered on an event by bookmakers can very greatly. There can be a number of reasons for this: a)
The
sport being covered maybe outside a particular bookies area of expertise, for
example a b)
Lack
of local knowledge. Geographical location of the bookmaker can make it more
difficult to gain information on an event. E.g. Australian rules
football. c)
Location
and money flow. Large amounts of money being bet on a local team will probably
mean that a local bookmaker may shorten his odds. For example a local Liverpool
bookmaker would probably have shortened his odds on Liverpool winning the
Champions League 2nd Leg game against Most of the
larger more established bookmakers have their own odds compilers that are
experts in their field. However not all bookmakers have
the resources to do this, some of the smaller bookmakers will simply follow the
lines of their larger competitors. There are other
reasons too but they all amount to the same thing: Odds are
based on opinion. And because
these opinions differ from bookmaker to bookmaker we can take advantage of
that. With the
correct staking with the help of an arbitrage calculator
we can make sure that we make a guaranteed profit on any side of the bet. The
size of profit can differ from bet to bet, but will usually be between 2% and
5%, but it is not uncommon for risk free profits of 10% or 15% to be available.
As I’m sure you will agree, one of the key ingredients
to success in this business is turnover. 2% may not sound much, but if you are
doing it 2 or 3 times a day, 5 days a week it soon starts to add up. Sports
arbitrage betting is not the key to untold riches and please bear in mind that
it is risk free and not
effort free. Of course, if
it was the key to untold riches then I doubt I would be typing away here
telling you about it! It does however offer the following significant benefits:
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