| When the internet really became the online force that it | | | | profit. This means that the odds given by one betting |
| is today it opened up many opportunities to ordinary | | | | site may differ slightly, or greatly, from the odds given |
| folks like me and you that we never had before. As | | | | by another betting site. |
| well as giving us the ability to buy products cheaper | | | | As I have already mentioned when a bookmaker |
| connect with others all over the world other instantly it | | | | calculates the odds of a sporting event he will make |
| also gave us instant access to whatever information | | | | sure he always makes a profit and will therefore |
| we need it also allowed us, for the first time, to learn | | | | adjust his odds as bets come in. As more people bet |
| things that only small elite groups knew and profit from | | | | on one side of a sporting event so the odds for them |
| them. Sports arbitrage betting is one such profit | | | | winning will be brought down to ensure the bookmaker |
| opportunity. | | | | stays in profit. |
| For decades this 100% legal and guaranteed winning | | | | However, a different bookmaker may be experiencing |
| systems was kept "under wraps" by professional | | | | the exact opposite happening and this he will adjust his |
| gamblers who knew how to wok the system to make | | | | odds to ensure that he is in profit. |
| large piles of cash (millions in some cases). | | | | This means that these two bookmakers have |
| Using arbitrage betting systems these professional | | | | dramatically different odds from one and other - |
| gamblers knew when they placed their bets exactly | | | | sometimes the exact opposite. |
| how much money they were guaranteed to win. | | | | An example of this would be when one bookmaker |
| There was no luck involved. There was no gambling | | | | has Team-A at 11/10 while a second bookmaker has |
| taking place. There was just a guaranteed payout - | | | | Team-B at 11/10 because each bookmaker must |
| every time! | | | | attract the type of bet that will help them balance their |
| The practice of arbitrage betting, or arbitrage trading | | | | books and ensure a profit. |
| as it is often called, is utilizing opportunities to guarantee | | | | By placing a bet on each side to win with the |
| a profit by taking advantage of price differentials | | | | respective bookmakers who are offering 11/10 odds |
| between two or more bookmakers or online betting | | | | you ensure a profit for yourself. |
| sites. | | | | Arbitrage usually has a rather small return on |
| Prior to the internet and sports arbitrage software it | | | | investment usually between 3% and 5%. However, it is |
| usually took two professional bettors to be in two | | | | a guaranteed return and thus a stake can be quickly |
| different bookmakers so they could place their bets in | | | | built up so that you have sufficient betting funds to |
| tandem before the odds changed. Now it can be done | | | | earn large sums of money. For example a $100 on |
| in moments, by the same bettor, using the power of | | | | each sports side would cost you $200 and only |
| the internet and basic home computing equipment! | | | | guarantee $210 return (a profit of $10) but because this |
| So how does it work? | | | | is guaranteed you can very quickly turn that $210 into |
| Bookmakers and online betting sites work with their | | | | thousands! |
| odds in a way that will always ensure they make a | | | | |