Arbitrage sports betting is a proven way to earn regular, risk-free profits from the massive online fixed-odds betting market. In a way, it’s like swiping and scooping small profits from pitting one fixed-odds bookmaker against another. Sports arbitrage betting originates 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. Someone who wants to spot them can exploit these mistakes.
In truth, many fixed odds bookmakers don’t want you to know this information….but sports arbitrage betting is legal and doesn’t harm the bookmaker’s business. 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, you’ll learn, is guaranteed.
What sort of budget should I start with for sports arbitrage trading?
Well, this is your decision. Depending on your experience level, we suggest free sports arbitrage betting with free bets from online fixed-odds bookmakers. You can increase your budget with your level of confidence.
The winnings with sports arbitrage trading can be added to your bank. If you decided to invest a percentage of your bank each time, your stake and profit would 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 underground occurs—an underground forms the basis of a sports arbitrage bet. The input, er under-round the total number of probabilities priced by the odds on that event are below 100%.
A typical under round is where you must invest £96 to get the bookmaker to pay you £100. Using this example, a sports arbitrage bet would give you a return of 4%. Yao, 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 event’s outcome without needing expert knowledge of sports betting or sports. This is one of the reasons sports arbitrage betting has a popular following.
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- Getting an Edge in Sports Betting: Contrarian Sports InvestingAny fixed-odds bet has two sides: back and lay. Sports arbitrage bets are either back / back bets or back / lay bets.
Let’s have a look at how these sports arbitrage bets might look.
Back/back sports arbitrage.
On October 7th, there were many arbs, between 3% and 9.17%, for the European Championship Qualifiers that played that week. Several of these sports arb opportunities lasted longer than normal because of the massive 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 in Poland at 77.951%, Draw at 15.033%, and Latvia at 7.016%, you would guarantee a profit of 5.23% regardless of the match’s outcome.
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 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 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 sportsbooks, but there isn’t the expertise to cover every sport.
They may have the relevant stats but can’t possibly know every participant and every event. In short, mistakes can and do happen. Considering the difference in time zones, you get hundreds of opportunities for sports arbitrage trading every week.
