subject: Do Arbitrage sports betting and make sure winnings [print this page] The word arbitrage' is most popularly used in the stock market operations where the people buy on one exchange and sell on the other immediately to make use of the price difference between the two to earn money. In sports betting, arbitrage' again refers to the differences, but this time the differences are due to bookmakers' different opinions on the predictions of the outcomes. It is also called a sure bet' since it gives you 100% chance of win. What does it mean precisely to place arbitrage bet on the sport? How is it done?
For doing arbitrage sports betting, you need to have at least two competitors and two bookmakers. Both the bookmakers shall be providing highest odds for the two competitors. You have got to place one bet on one competitor with one bookmaker and the other bet on the other competitor with the second bookmaker. In sports having more than one competitor like that of horse racing, you can make a choice of the number of horses and bookmakers to place the bets on.
It is to be noted, that the bookmakers are not hit by this form of betting. They still make money. The arbitrage opportunity is available for a very small time on the net. Due to the rapid flow of information and the transaction amounts, the differences in the odds are evened out very fast. Besides, since the difference in the odds is not big, there is a little chance of making good money in it unless, of course, makes relatively higher levels of investments.
There are some types of risks associated with arbitrage sports betting. Some of the most common ones are:
1.Wrong bet: Never do arbitrage betting in hurry. There is a good likelihood of your committing a mistake by placing a bet on wrong players and even on the wrong event.
2.Limit your stake: Some of the online bookmakers would limit your stake when they find that you are only placing sure bets with them. So, while you would have bet with one bookmaker, there are good chances that the other may not allow you to place a wager. So, you must know this aspect of arbitrage sports betting risks.
3.Suspicious profits: Some of the bookmakers may offer you decent percentage of profit margins. It is advisable not to fall for these since the suspicious bookmaker might well give the excuse of making an obvious betting mistake and return back your stake money.
4.Difficulty in withdrawing money: Since arbitrage is a real opportunity to make sure winnings, the bookmakers employ tactical measures to deny you the funds in the time when you need these. The employ the delaying tactics for withdrawal of money from their betting accounts while the money is accepted readily by them.
horse racing is a popular sport to place the arbitrage bets but only the very experienced punters take a shot at it since it involves careful selection of the horses.
Do Arbitrage sports betting and make sure winnings
