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What is sports arbitrage betting? Arbitrage betting is a betting process where a gambler takes advantage of a variation in odds offered by two or more different bookmakers. It works because the bookmaker’s odds vary so drastically, which means they make a profit regardless of the outcome of the event. Arbitrage has existed since bookmakers began, but the huge influx of online bookmakers has led to a big rise in the amount of arbers woldwide. This is because bookmakers need to be competitive with their odds because of the huge competition in the space. Arbitrage betting is also known as Matched betting 2.0 because many matched bettors turn to it once they’ve ran out of free offers. Arbitrage uses the natural variation in odds instead of the free bets to make a guaranteed profit & covers all outcomes of an event similar to back/lay type bets. Arbitrage betting has been dubbed as “the only way to make constant profit” in sports betting and there are tens of thousands of people who regularly arb because it is typically a far better way to invest money than a bank.
How does it work? Example You bet on an MMA event
Miocic to win has odds 1.91 at bookmaker Coral
Dos Santos to win has odds 2.62 at bookmaker William Hill. This is an example of an 12.4% - 7.9% profit arb.
Stak e
Booki e
Outcome A
Outcome B
£50
Coral
1.91 x 50 = £95.5 (+ £10.5)
0
£35
WHill
2.62 x 35 = £91.70 (+ £6.7)
If you place £50 on Coral for Miocic to win and £35 on William Hill for Dos Santos to win, you have placed a total of £85.
The different outcomes of the event are: If Miocic wins, your return will be a total of £95.50 (1.91*£50=£95.50). If Dos Santos wins, your return will be a total of £91.70 (2.62*£35=£91.70).
This means that you will profit £10.50 or £6.70 depending on who wins. Tools like betslayer.com find these arbs for you so you can get risk-free profit in minutes.
Is it legal? Arbing might seem too good to be true, but it is an entirely legal way to bet. All you are doing is taking advantage of the differences that occur in the market.
Don’t bookmakers hate Arbitrage bettors?
For the most part they don’t. Think about it, if you’re arbing on multiple accounts you will lose money and make money on different bookmakers over time and for the most part the bookmakers will still make money.
How much time does it take? In the beginning arbing takes a while to learn the ropes. It’s best to place small bets to get a feel for it. Once you get a system in place or double checking everything and keeping up with the speed of arbitrage it typically takes a couple hours a week to be profitable.
What does arbitrage software do? Arbitrage software like Betslayer pulls all the odds from different bookmakers and automatically calculates the best arbs available.
This is usually the most time intensive part of arbing so it’s rare you’ll find an arber do without arbitrage software. Betslayer also provides arbitrage betting tips.
The best thing about arbitrage betting is that even if you’re a novice you can still make at least 15% ROI in your first month. This is far superior than any rate your bank will give you and the best part is that it’s compound interest meaning that if you make a 15% ROI on a £500 (500 x 1.15 = £550) = £75 profit. The next month you make another 20% (575 x 1.2 = £690) = £115 profit. Over time this compounded interest leads to amazing profits.
How much money can I make? You can make a maximum of £10,256 but for most people £1,500+ a month is easily achievable, the length of time it takes to reach that figure depends on your starting capital which can be as low as £100 (£250-500 at least is advisable though)
Are there risks?
Now just because the betting part of arbitrage is risk free, it doesn’t mean there aren’t guidelines to follow to make it completely risk free, sometimes bookmakers can limit your account but if you follow the steps in the email tomorrow you won’t have any trouble.
One of the biggest risks in arbitrage comes from the cost of Arbing software which typically is over £100 - This means you need a big bankroll to make your 10-20% pay for the software (£1000+) but Betslayer is affordable at only £49 a month.
So why isn’t everyone doing it?
A lot of people don’t know this exists and if they do they are overwhelmed by thinking they have to calculate every arb themselves or pay £100+ a month for betting software. Using Betslayer you only have to make 1-2 bets a month to make a good profit of the service.
I don’t have a huge bankroll, is arbitrage still for me? Yes, but big profits will take time. It’s best to take advantage of all bookmakers sign up offers i.e. Bet £10 get £50 in free bets and then over time you will get to a point where you are earning £1000’s a month.
How do I get started? Sign up at Betslayer.com for a free trial (no credit card required, limited time)