Sports Arbitrage Betting

The internet is filled to over flowing with false promises about amazing betting systems that very rarely deliver. So when you hear about sports arbitrage betting systems that guarantee profit, no matter which sports team wins a match, it is natural to feel sceptical – I know I did.

However, there is no need to be sceptical because arbitrage betting is not actually gambling. When you place these bets you are guaranteed to profit.

So what exactly is arbitrage sports betting and how can it guarantee you a return on your investment?

Well the concept behind sports arbitrage betting is simple. It is the process of placing a bet covering each potential outcome of a game. During any standard day there are times when different bookmakers give different odds on the outcome of a game.

By placing different bets with different bookmakers at different odds you can ensure that a profit is guaranteed regardless of the outcome of the game.

To illustrate how this works here is an example.

Imagine you find a perfect opportunity to place an arbitrage betting a football match because one bookmaker gives you odds of 2.1 that Team1 will win. This bookmaker offers odds of 1.85 for Team2 to win.

Now, elsewhere in a rival bookmaker shop the odds are much different. This bookmaker offers odds of 1.85 for Team1 and odds of 2.1 Teams2.

Can you see how you would benefit from betting on both teams to win?

Well arbitrage betting works like this. In our example we would place a £200 bet on Team1 to win with the first bookmaker (or if you are in the USA you would be betting in Dollars). Then you would place a £200 bet on Team2 to win at the second bookmakers.

This means that no matter which team wins you are guaranteed a payout higher than your loss from the bet you placed on the losing team.

If Team1 Wins: You collect £200 x 1.1 = £220, minus the £200 bet on Team 2 = £20 profit
If Team2 Wins: You collect £200 x 1.1 = £220, minus the £200 bet on Team1 = £20 profit

You also get back your £200 stake money from the winning bet – thus covering the amount you lost on the losing bet! That amounts to £220 (your winnings) + £200 (returned stake money from winning bet) = £420.

The total cost of the two bets is £400 and your winnings are £420 so you have guaranteed yourself £20 profit.

The above winning may not sound like much for a £400 stake but you must remember that you are not risking your money gambling because you are guaranteed a payout whichever teams wins.

Now, using sports arbitrage betting just once day would mean it would take a long time to make any real money – although even an extra £20 a day can come in useful. However, there are dozens of these opportunities every single day and you can quickly build up a £4000 stake money or even £40,000 stake money if you leave your profits to accumulate!

You can very quickly build up a large pile of cash to bet with so that your winnings are big.

What’s more you can even place free bets by joining betting sites that offer you an incentive for joining (i.e. £100 free bet)!

Placing these arbitrage bets every day can let you accumulate a lot of money very fast. Obviously you need to be able to spot these opportunities as they arise and take advantage of them quickly before bookmakers realise their mistake or the odds change.

Doing this by hand is a lot of work. However I have found that using a computer betting system to do the work is much more efficient. I have placed a link to my favourite sports arbitrage betting computer system under Recommended to the right!