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 The large number of bookmakers that are currently available in both markets, the online and the land based market, made possible the rise of a new type of betting: arbitrage betting. Considered by many bettors as a profitable sports betting system, the arbitrage betting gets more and more fans each day.
The whole idea behind the arbitrage betting is that the bookmakers have different odds for the same sport event, so if you take a good look at the odds you can find a profitable combination of bets. The best part is that if you made the right choice you cannot lose, the profits being 100% sure.
First of all you need to pick a sport event and check out the odds at as many bookmakers as you can. Let’s take for example a football game between Team A and Team B. Check out all odds for the three possible outcomes: Team A to win, tie and Team B to win. Choose the best odds for each outcome, but be sure to choose three different bookmakers. You place your bets and then wait to see which one is successful. Although you may not believe it, the bookmakers agree this type of bet because the bets are placed at different bookmakers, so they still win. Although is safe and profitable, the arbitrage betting has a low profitability rate due to the small differences between the bookmakers odds. That is a down side of this type of betting, because in order to win large amounts of money you need a huge bankroll and of course, to bet on many sports events. Usually the number of arbitrage bets represents less than 2% of the total bets placed, but during special sports events the arbitrage reaches over 5% and in some extraordinary situations could reach even 15%. Thanks to the internet, arbitrage is more accessible and easier to use because you can find all the odds you need and place the bets with just one click. |
