What is sports arbitrage betting and how does it work?

• Arbitrage bettors are either making their profit from one sportsbook or another. If enough arbitrage gamblers are active, then the industry as a whole will lose more money. As mentioned before.
• Blog for Sports Arbitrage Betting. Includes many video tutorials and actual examples for sure betting written by a professional arbitrage bettor.

Sports Arbitrage Betting can be regarded as one of the hottest source of income on the Internet. Put simply sports arbitrage betting is the action of betting on both sides of a game at different sports books to guarantee a profit no matter the outcome of the game.

Put more simply, by backing all competing sides of a sporting event at different bookmakers using the highest odds available, you can set up a situation where each outcome will result in winnings greater than the total amount risked. This possibility arises from a difference in opinion about the fair odds of the event by bookmakers, and one bookmaker has given the favorite higher than usual odds, while the other bookmakers has given the underdog higher than usual odds. Individually neither bookmaker will make a loss, however if you take the combination of the two or more higher than usual odds, it may be possible to bet on all outcomes so that no matter who wins the sports event, your winnings will cover all bets completely and return a profit.

But there have been rising many questions among new users:

Arbitrage betting is a promising way to make money through sports gambling. When arbitrage betting is done right, it can deliver guaranteed profits. You just need to find situations where bookmakers differ. In contrast, the sports markets are very inefficient due to the general lack of trading APIs and patchy liquidity etc. Arbitrages can persist for minutes (or even hours at a time). Consider a very simple example of sports arbitrage.

• Is sports arbitrage betting legal?
• Why do sports arbitrage opportunities occur?
• Do the bookmakers know about this?
• Can I really make easy money through this?
• Do people really do this?
• How much money can I make by doing this?
• We are here to answer all your queries.

Is sports arbitrage betting legal?

Yes, sports arbitrage betting is 100% legal and well practiced in every sort of financial market around the globe. All you are doing is placing bets with different bookmakers whose odds just happen to guarantee a profit overall. There is nothing illegal in that.

Why do sports arbitrage opportunities occur?

There are tons of different bookmakers in different countries. Odds are based on the anticipated flow of bets rather than the probabilities of the outcomes. For example when England play soccer most bets with UK bookmakers will be supporting England, while bets at non-UK bookmakers might be supporting the opposition. So the bookmakers offer the opposition at an inflated price to create a balanced book. Wildly different odds on the same games create a feast of sports arbitrage opportunities.

Do the bookmakers know about this?

Yes, the bookmakers know everything about sports arbitrage betting. Bookmakers don’t create arbitrage situations with their own prices. If this does ever happen it’s because of a mistake. You can’t go to a single bookmaker and bet on all outcomes without losing money. From a business perspective bookmakers are only interested in making money. A sports arbitrage bet is a good bet because the odds are always in the favor of the bookmaker.

Can I really make easy money through this?

Sports arbitrage betting should not be considered as an easy way to make quick money on the Internet. Instead this is a risk-free way of making money on sports betting. It is important to develop processes that enable you to act upon opportunities immediately. Sports arbitrage betting is risk-free, not effort-free. Your success depends upon your own level of commitment and hard work. Individual arbitrage prices do not last for long and there is a steep learning curve for all newbies to climb.

Do people really do this?

Absolutely. Some people do it casually, in their spare time in order to make some extra money. Other people invest a lot of money and trade as a full time job so that they can work from home. Sports arbitrage betting is not an underground secret society activity, it is well known, well practiced and very public. Professional sports arbitrage traders are known as arbitrageurs.

How much money can I make by doing this?

The returns possible depend on many factors, primarily your experience and understanding of the system as well as the size of your bankroll and how well you employ that bankroll. The more time and effort you are willing to devote to sports arbitrage betting, the more financially rewarding it will be. Professional sports arbitrage traders (arbitrageurs) do make thousands of pounds per month by employing sports arbitrage. But those full-time arbitrageurs spend a lot more that a few hours per day to make that kind of money.

Arbitrage is an advanced sports betting strategy that comes from the financial world. This strategy involves multiple wagers on the same game in order to guarantee a profit. An opportunity to arbitrage for a game is more about making money than betting and rooting on a particular team.

To be clear, arbitrage is a sports betting strategy that guarantees a profit. This isn’t a get rich quick scheme and isn’t illegal. It takes effort to find an arbitrage opportunity. This kind of gambling isn’t for everyone, but all sports bettors could use this tool as part of their wagering plans.

This might sound too good to be true but it isn’t. The most difficult part about arbitrage is actually finding the opportunity.

What is arbitrage?

Sports Arbitrage Blog Marketing

In the financial world, arbitrage is considered “the simultaneous purchase and sale of an asset to profit from an imbalance in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.”

Arbitrage is similar for sports bettors. This betting strategy involves placing a wager on all possible outcomes of an individual game or event so that that there’s a guaranteed profit regardless of the winner. The name might sound complicated but the idea of arbitrage is actually quite simple.

How to arbitrage in sports betting

The goal of arbitrage betting is to find inefficiencies in the sports betting market in order to guarantee a profit. Sportsbooks often set odds so that they have even (or close to even) money wagered on both sides. There are times when sportsbooks have different odds from one another and this results in an opportunity to arbitrage a game.

Arbitrage betting is done by placing multiple wagers on different outcomes of a single sports event. One of the wagers will win while the other wager will lose. If done correctly, the result will be a small win for the bettor regardless of which side wins.

Arbitrage math and results

An example should help explain how to arbitrage a game.

New York Yankees vs. Houston Astros

• Sportsbook 1 odds: Yankees +110
• Sportsbook 2 odds: Astros +110

In this example, a bettor will wager $100 on each team. The total amount of wagers for this game will be $200. Regardless of which team wins the game, the bettor will be paid $110 for a winning wager plus the original $100 for a total of $210.

Altogether there was $200 wagered on this baseball game. There is a guaranteed return of $210 no matter who wins the game. The total profit of this investment was $10. This is a guaranteed 5% return; that’s solid for a short-term investment.

The return will remain the same if a bettor can risk more than $200. Grinding out small wins over time can help a bettor grow their bankroll. In the example above, the rate of return will be 5% no matter how much money is wagered.

If the bettor can find a larger moneyline spread, they will profit greater. For example, if there is a moneyline available for +120 on both sides of the game above, the profit for the bettor will be $20 for the same $200 wager. That’s a 10% return on the investment. Again, not too shabby for having money in play for three to five hours of a baseball game.

An arbitrage opportunity can be useful for any sized bankroll. A larger bettor might be able to risk $2,000 on the same game. The 5% return, in this case, would give the bettor a profit of $100 while the 10% return would return $200.

Having a large bankroll helps grow profits quicker but isn’t necessary. Anyone can use arbitrage to supplement their sports betting bankroll.

Lastly, the odds don’t have to be the same for both wagers. The example above is just keeping the math simple.

Line shopping

Line shopping is important for all sports bettors but especially when looking for an arbitrage opportunity. Finding the best odds for a game will take place at multiple sportsbooks. Unfortunately arbitraging a game isn’t a get rich quick scheme. Finding the right odds takes time and effort. Having said that, this extra work also helps a bettor become profitable.

Even if this isn’t a particularly fun strategy, the underlying approach can be helpful for all sports bettors. Line shopping is one way to be a more profitable sports bettor – and it isn’t difficult in most states that have multiple legal sportsbooks.

The process of line shopping isn’t difficult but it does take a time switching between apps and websites to compare the information. Visiting different sportsbooks to find the best lines and odds will help a bettor in multiple ways.

An arbitrage opportunity will always be profitable. Finding the best moneyline for an event will obviously pay more money. Finding the best point spread for a game increases the chance that a team will cover and the bettor will win the wager.

There’s always an upside to placing bets with the best odds available.

Arbitrage isn’t for everyone

Sports Arbitrage Blog Definition

Sports betting arbitrage is an advanced strategy and it’s not for everyone. All sports bettors want to win but they have different motivations. Recreational sports bettors often seek to have some action on the game they’re watching or the team they’re rooting for.

Sure all bettors want to win but sometimes the goal is to have fun watching the game and to win money based on predicting the outcome correctly.

Sport Arbitrage Trading

Professional sports bettors are strictly gambling to make a profit. These bettors appreciate being able to find arbitrage opportunities. Pro sports bettors are always looking for ways to make money when wagering on sports and are typically the type of bettor most open to arbitrage.

Sports Arbitrage Blog Examples

There’s a large number of sports bettors that fall in between these two extremes. These bettors will put in the work to find the best information and odds for games they’d like to wager. Many will do the extra work to find an arbitrage situation because generating a profit is the most fun part of gambling. However, arbitrage betting takes time and even an advanced recreational bettor may not have time to always seek out opportunities.

Sports Arbitrage Software

There are pros and cons to all kinds of sports wagers. Arbitrage is a great opportunity to generate small guaranteed profits on a game. This is another great tool available to sports bettors.