# Zero Risk Sports Betting For Profits! Arbitrage Sports Betting

Risk free betting, or arbitrage betting, is the act of placing bets on all possible outcomes of a sporting event so that you lock in a definite profit at the end of that event. This is great for sports fans to make some extra cash on the side with 0% risk.

Risk Free Betting: Real Life Example:

SAT FEB 13TH 2010 NBA ALL STAR DUNK COMPETITON: WINNER

– Shannon Brown » -250 1.40 (BWin) » £781.25 returns £1,093.75

– Any Other » +400 (5.00) (BET365) » £218.75 returns £1,093.75

– Total profit: 9.375% (£93.75)

A correctly staked investment of £1,000 guarantees a return of £1,093.75 no matter which Player wins the competition. That’s £93.75 profit due to discrepancies in the bookmakers’ odds guaranteeing a 9.375% profit on your investment!

The above information tells us that a betting market exists for which player will win the 2010 NBA slam dunk competition. It also tells us that BWin have odds of -250 (1.40) for Shannon brown to win and that Bet365 have odds of +400 5.00 for any other player to win.

By applying a simple mathematical formula to those odds, we are able to calculate that we can cover both possible outcomes of the bet and make a guaranteed 9.375% return on our investment.

We would invest our money in proportion to the odds on each possibility. The amount to invest on each outcome is calculated using another simple formula. £781.25 invested on Shannon Brown returns £1,093.75 and £218.75 invested on “any other player” returns £1,093.75.

£781.25 x 1.40 = £1,093.75

£218.75 x 5.00 = £1,093.75

Risk free profit = £93.75

It is very hard to find games with more then a 2-3% ROI. This was just a great arbitrage that I was lucky to catch in time.

Source by Zach Po

Categories: Sports Betting

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# Sports Arbitrage – How it Really Works

Sports arbitrage has been a very fun hobby of mine that became a full time income. With so much information made easily available online, someone who wants to learn about it can get really confused. Therefore, I will show you how it really works.

e-Wallets

The 3 popular ones are Money Bookers, e-Gold and Neteller. These are used to transfer money from your bank or credit card to your bookie accounts. You need to set up accounts with them. Neteller no longer allows USA citizens to get an account so if you are from USA, you can still use Money Bookers and e-Gold.

Sports Bookies

Bookies are also known as bookmakers or sports books. They allow you to place bets online with them and they function just like a casino. Some UK bookies include Bet Internet, Bet UK, Blue Square, Lad Brokes, Paddy Power. Some USA bookies include 5 Dimes, Bet Cris, Bet Ed, Bet Online, Bet Jamaica.

Instead of trying to find trades manually, you can make use of alert services. They usually send you alerts by email in real time. Some services can even send you alerts by mobile phone. The good services are usually not cheap, however, they usually end up paying for themselves in no time.

Arbitrage Process

Now that you have a good idea of the 3 main components of the arbitrage system, here is a quick summary of the full process.

• Open e-wallet accounts.
• Open bookie accounts.
• Go place bets online.
• Win money.

Source by Wes Wiseman

Categories: Sports Betting

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# Sports Arbitrage – A Path to Regular Risk Free Profits – Learn More

Sports arbitrage betting

Arbitrage sports betting is a proven 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 fixed odds bookmaker against another.

Sports arbitrage betting takes it’s origins from arbitrage trading in financial markets. In financial markets an arbitrage trade exploits the difference in the price of a listed company on a stock market in different countries.

Sports arbitrage trading is where someone regularly trades price inconsistencies between fixed odds bookmakers on the same sporting event. After all bookmakers are only human and they make mistakes. These mistakes can be exploited by someone who wants to spot them.

In truth a lot of fixed odds bookmakers don’t want you to know this information….but sports arbitrage betting is legal and doesn’t harm the bookmakers business in any case. The returns you can expect from sports arbitrage trading are limited only by the fixed odds bookmakers who cap the stake size. The only investment needed with a ‘sport arb’ is your betting stake, which as you’ll learn is totally guaranteed.

Well, this is your decision. Depending on your level of experience we would suggest free sport arbitrage betting with the free bets available from online fixed odds bookmakers. You can increase your budget with your level of confidence. The winnings with sport arbitrage trading can be added to your bank. If you decided to invest a percentage of you bank each time your stake and you profit will increase accordingly.

How do bookmakers lose their money?

Sports arbitrage trading is all about spotting inconsistencies between different bookmakers’ prices that regularly exist.  As a result of mistakes by fixed odds bookmakers an under round occurs. An under round forms the basis of a sports arbitrage bet. Simply the under round is when the total number of probabilities priced by the odds on that event are below 100%. A typical under round is where you would have to invest £96 to get the bookmaker to pay you £100.  Using this example a sports arbitrage bet would give you a return of 4%. You can expect a return of around 4% for sports arbitrage bets.  Sometimes you will get more than 4%.

Sports arbitrage bets win regardless of the outcome of the event without any need for expert knowledge of sports betting or sports. This is one of the reasons sports arbitrage betting has a popular following.

There are two sides to any fixed odds bet, back and lay. Sports arbitrage bets come as back / back bets or back / lay bets.

Lets have a look at how these sports arbitrage bets might look.

Back / back sports arbitrage

In the week of October 7th there were many arbs between 3% and up 9.17% for the European Championship Qualifiers played that week. Several of these sport arb opportunities lasted longer than normal because of the massive amount of interest in the games.

An example of one sport arb that week is given below: –

Poland Vs Latvia You could bet: – Latvia at 15.0 with Bet365 or Eurobet The Draw at 7.0 Luvbet Poland at 1.35 with several bookmakers including Unibet.com and Nordicbet.com. The odds have been converted to a percentage to make it easier to visualize.

By splitting your total stake Poland 77.951%, Draw 15.033% and Latvia 7.016% you would guarantee a profit of 5.23% regardless of the outcome of the match.

i.e.

Poland 77.951 x 1.35 = 105.23 Draw 15.033 x 7 = 105.23 Latvia 7.016 x 15 = 105.23

Why do these pricing inconsistencies or under round prices occur?

As bookmakers can now operate online, there are now hundreds of online fixed odds bookmakers. They are all competing with one another and are located in various countries and time zones. To be the person who actually prices a particular sportsbook you have to have a massive amount of knowledge of that sport. To compete, fixed odds bookmakers offer loads of sports in their sportsbook, but there isn’t the expertise to cover every sport. They may have the relevant stats but they can’t possibly know every participant and every event. In short mistakes can and do happen. Taking this into account and the difference in time zones you get hundreds of opportunities for sports arbitrage trading every week.

Take two examples.

When England play soccer most bets with UK bookmakers will be supporting England. Bookmakers may offer the opposition at an inflated price to create a balanced book.

A typical week with four golf tournaments and a couple of tennis events bookmakers may have to price up 800 or so outright odds plus over 400 matches just in these two sports alone. We only need two bookmakers from the many available to have a difference of opinion in one of these markets to create an opportunity.

Back / lay sports arbitrage betting

You can also find a sport arb between the back and lay price (win / lose) for the event.   Back / lay sports arbitrage betting has been made easier due to betting exchanges like Betfair. A betting exchange allows members to lay an event (e.g. for a horse to lose). A back / lay sports arbitrage bet occurs when the price offered by a bookmaker is higher than the lay price available on a betting exchange for the same selection. The difference between the two represents your profit.  Often a bookmaker can be slow to change the price on a favourite when something has happened to reduce the odds. As the price drops on the betting exchange you profit by laying low with the betting exchange and backing high with the bookmaker.

How do we find sports arbitrage bets?

Finding sports arbitrage bets can be time consuming. Spotting them is relatively easy. You just convert the opposing odds on an event to a percentage and see if they add up to less than 100%.

Instead of trawling odds comparison sites we recommend using one of the sports arbitrage services which are available. These companies use software to search for sports arbitrage bets for you.

What is the first step to successful sports arbitrage trading?

Sports arbitrage opportunities can spring up anywhere; a fixed odds bookmaker in the USA, UK, Europe or Australia. The first step is to open an account with a selection of online fixed odds bookmakers. There are some specific bookmakers who suit sports arbitrage betting because they allow a high stake size.  As you’ll learn it is important to have a bookmaker who allows a high stake when you consider you are making around 4% on each sports arbitrage bet.

How do I set up a sports arbitrage bet once I have opened by fixed odds bookmaker account?

When you know which fixed odds bookmakers are presenting a sports arbitrage opportunity log into your account with each bookmaker. Have the fixed odds betting terminal of each bookmaker open in a separate browser window. Enter your stake in each one. Click confirm quickly one after the other and you sports arbitrage risk free profit is secured.

Source by Will Webb

Categories: Sports Betting

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# How to Use Sports Arbitrage Betting

When the internet really became the online force that it is today it opened up many opportunities to ordinary folks like me and you that we never had before. As well as giving us the ability to buy products cheaper connect with others all over the world other instantly it also gave us instant access to whatever information we need it also allowed us, for the first time, to learn things that only small elite groups knew and profit from them. Sports arbitrage betting is one such profit opportunity.

For decades this 100% legal and guaranteed winning systems was kept “under wraps” by professional gamblers who knew how to wok the system to make large piles of cash (millions in some cases).

Using arbitrage betting systems these professional gamblers knew when they placed their bets exactly how much money they were guaranteed to win. There was no luck involved. There was no gambling taking place. There was just a guaranteed payout – every time!

The practice of arbitrage betting, or arbitrage trading as it is often called, is utilizing opportunities to guarantee a profit by taking advantage of price differentials between two or more bookmakers or online betting sites.

Prior to the internet and sports arbitrage software it usually took two professional bettors to be in two different bookmakers so they could place their bets in tandem before the odds changed. Now it can be done in moments, by the same bettor, using the power of the internet and basic home computing equipment!

So how does it work?

Bookmakers and online betting sites work with their odds in a way that will always ensure they make a profit. This means that the odds given by one betting site may differ slightly, or greatly, from the odds given by another betting site.

As I have already mentioned when a bookmaker calculates the odds of a sporting event he will make sure he always makes a profit and will therefore adjust his odds as bets come in. As more people bet on one side of a sporting event so the odds for them winning will be brought down to ensure the bookmaker stays in profit.

However, a different bookmaker may be experiencing the exact opposite happening and this he will adjust his odds to ensure that he is in profit.

This means that these two bookmakers have dramatically different odds from one and other – sometimes the exact opposite.

An example of this would be when one bookmaker has Team-A at 11/10 while a second bookmaker has Team-B at 11/10 because each bookmaker must attract the type of bet that will help them balance their books and ensure a profit.

By placing a bet on each side to win with the respective bookmakers who are offering 11/10 odds you ensure a profit for yourself.

Arbitrage usually has a rather small return on investment usually between 3% and 5%. However, it is a guaranteed return and thus a stake can be quickly built up so that you have sufficient betting funds to earn large sums of money. For example a \$100 on each sports side would cost you \$200 and only guarantee \$210 return (a profit of \$10) but because this is guaranteed you can very quickly turn that \$210 into thousands!

Source by Joe O’Reilly

Categories: Sports Betting

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# Arbitrage Betting Formula 1 – Part 3 – Sports Betting

Technology has always played a big part in affecting the outcome of a Formula 1 race. During the 60 years or so of its existence, the championship has seen advances in technology, although never forgetting the importance of the driver.

Two of the major innovations occurred during the early years – during the 1950s, Cooper's revolutionary rear engine design led to two championship titles for Jack Brabham and in 1962, Lotus introduced their one piece chassis.

Technology developed rapidly during the 1970s and 80s and Formula 1 engineers began to be referred to as designers. The late 1970s saw the introduction of wings; and the early 1980s saw the widespread use of turbochargers.

Perhaps one of the most significant innovations was the so-called "ground effect" which used underbody design and side skirts, hugging the car to the ground. Improvements in design continue to play a big part in racing performance today. Several races are traditionally the highlights of the season. The Monaco Grand Prix which takes place through the winding streets of the principality is always exciting to watch.

At Monaco, the driver who gets pole position has an excellent chance of winning, as it is extremely difficult to overtake on the tight circuit. And in the UK, the British Grand Prix has become something of an institution since its inception in 1909, meaning a variety of betting options are available.

Sports betting is risky for the most part – many people who bet just sometimes are inexperienced and not knowledgeable. Many sports fans simply bet on their favorite team and often do not care too much whether they win or lose.

In fact, over 90% of people who bet on sporting events lose money; only a small percentage actually wins on a regular basis. However, there is a method of increasing the chances of winning, which is both easy and effective.