subject: World Cup Betting Gearing Up For 2010 Football World Cup [print this page] With the football season reaching its peak, sports betting has also received a major boost with many looking to rake in big money.
With the world cup around the corner in 2010, world cup betting will probably take the gambling world by storm. Football fans and gamblers need to take a closer look at the teams participating if they want to place good bets.
World cup betting in football requires that you follow the game using the 80/20 rule. Researching the teams will give you a fair idea of how they are likely to perform, especially those on a winning streak. The 80/20 rule suggests that while 80 percent move forward in the game, it is 20% that are likely to strive hard for victory.
For successful world cup betting in soccer, you need to study the teams carefully and their performances over the time since the last world cup right through different stages. Online betting is gaining popularity for sports betting too.
The biggest advantage is that you get to see the betting odds and price lists instantly. What is important to realise is that online betting follows a different concept, therefore it is essential to choose a reputed online betting website even when you start world cup betting. Let's take a look at sports arbitrage betting in games such as the football world cup.
A sports arbitrage situation is when bookmakers' costs differ enough that they allow bettors to support all results and still make a profit. An arbitrage is often known as an 'arb'. However, this does not mean that bettors can go to a single bookmaker and bet on all outcomes without losing money.
From a business viewpoint, bookmakers are simply interested in making money. An arbitrageur's bet is still an excellent bet as, in the long run, the odds are still in the favour of the sports books. Even if the bookmakers are exposed to a potential loss, they still make money in the long run because of the overall diversification of all of their bets on all different games.
In order to make a sports arbitrage betting, bettors must use at least two different bookmakers. Betting on all results at the same bookmaker does not work in most situations. Bettors have to locate at least two bookmakers whose prices vary and are high enough so that an arb is created.
Considering that the football world cup is one of the biggest sporting events available for fixed odds betting these days, there are still a large number of sure bets to be found each and every week. When this happens, a substantial arbitrage opportunity may become available, possibly offering a 5% or even 10% return. Such prospects, though, are comparatively rare. When they come along, and bettors already have existing accounts with the related bookmakers, they present a good prospect to make money. However, taking into consideration certain difficulties associated with sports arbitrage betting, only the most committed arb-watcher will practically be able to profit repeatedly from arbitrage betting with a view to securing a regular income.
There is no form of betting that is completely risk-free, not even sports arbitrage betting. There are many difficulties associated with sports arbitrage betting that can and do eat into the income, occasionally with potentially unfortunate consequences.
One difficulty with sports arbitrage booking is that some bookmakers only permit bets in a certain currency and these are mostly the small bookmakers. The best way to avoid this is to use the big bookmakers. The world cup in 2010 gathers momentum and world cup betting is all set to reach new heights during the coming months.
