Sports Arbitrage is the only way to make a certain bet to win.
With sports arbitraging it’s
100% that the bets you place will yield you profit.
How? We will come to that soon
Sports Arbitrage Introduction
Sports arbitraging is the act of exploiting the difference in odds at the different bookmakers.
It’s not about the same bookmaker odds for the games themselves.
In fact they rarely use the same odds as other bookmakers.
Bet365 Quote: For example in the next match with Novak Djokovic and Roger Federer Novak Djokovic happy 2. 87 and Roger Federer 1.
Rates WilliamHill 40: Novak Djokovic 2. 75 and Roger Federer 1.
40 As you can see, know not many bookies have the same opportunities.
This is what makes arbitraging possible.
How exactly does Sports Arbitrage work? We will focus on betting on tennis in this article, but you can bet the sports arbitrage system for any sport you like to use.
Arbitraging has been known to man for a long time.
The banks have made the difference in exchange for a very long time.
The act of sports arbitraging is relatively new.
What we are doing in essence, all possible outcomes of a specific event coverage.
If it was a game of soccer we’d cover team A, team B, and the draw.
In tennis, we limit ourselves to cover the player A and B, because c in tennis draw isn’t a worry.
This is why tennis is such an easy sport to arbitrage (with only two outcomes).
For all the results there is a loss or a win
If you were to place the bets at the same bookmaker it would yield a loss.
Note, however, we talked about using different bookmakers odds? And it is here that the loophole, if you will, is.
First let’s look at what would happen if we’d cover both outcomes at the same bookmaker (in this case Bet365).
We put $ 100 on Federer at odds of 1.
40 and $48.
78 of Djokovic in the contrast between two.
87 (explaining why I choose these different sizes of bets in a minute).
The possible outcomes of Tennis: Djokovic wins if we get $ 140, lose $ 100.
If Federer wins we receive $140 while losing the $48.
If Djokovic wins at one end with a loss of ($ 140 – $ 48.
78 – $100 = -$8.
78) $ 8.
78.
If Federer wins to end up with a loss of ($ 140 – $ 100 – $ 48.
78 = -$8.
78) $ 8.
78.
As you can see, no matter what result you always end up losing $ 8.
Can we turn this around? Of course we can.
We place bets on different two different bookmakers.
Let’s have a look at another bookmaker.
Quote of the Djokovic 2.
58 and odds on Federer at 1.
What we do now is cross bet at these two bookmakers.
Of course, want to bet, to get the highest rates in combination: We bet $ 100 on Federer at odds of 1.
60 and we place $55.
75 of Djokovic in the contrast between two.
87 (will explain bet sizes later).
Let’s look at the results look like this: If Djokovic wins will receive $ 160, while losing $ 100.
If Federer wins we receive $160 while losing the $55.
If Djokovic wins we end up with a net gain of ($160 – $55.
75 – $ 100 $ 4.
25) $4.
If Federer wins we end up with a net gain of ($160 – $100 – $55.
75 $ 4.
25) $4.
No matter the outcomes we will
always be winning $4.
This may not sound much, but remember that it is scalable.
You could for example place $200 on Federer and $111.
5 to double your winnings up to Djokovic.
You could even place $1000 on Federer and $557.
Djokovic for a guaranteed 49 to $ 42.
51 profit.
It may not seem like much, but if you are just a few of these bets per day, you could easily enough, the day job.
Before we look at the size of the bets we place on these tennis matches, we’re going to have a look at how to determine whether or not it’s possible to arbitrage a bet.
Simply put, the probability by the formula: odds1 (power -1) + odds2 (power -1).
Whenever this yields a result lower than 1, you’ll be able to place an arbitrage bet.
As an example we see on the bet: 1.
60(power -1) + 2.
87 (power -1) 0.
9734.
So we can place a bet arbitrage.
Now let’s determine the size of the bets we want to place on the specific tennis matches.
This is done with a simple formula.
If you wish to place a stake of s1 on outcome 1, you need to place:
s2 = s1 * o1 / o2; on outcome two.
Let a look back at this example.
We place $100 on outcome 1 at odds of 1.
On outcome two we want to place:
s2 = $100 * 1.
87 = $55.
75 simple and elegant.
If you want to be making a living betting on tennis or any other sports for that matter, sports arbitraging is one of the best way to go.
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