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    Low Risk Betting Revolution: Introduction to Sports Arbitrage Betting
    Low Risk Betting Revolution: Introduction to Sports Arbitrage Betting
    Low Risk Betting Revolution: Introduction to Sports Arbitrage Betting
    Ebook40 pages30 minutes

    Low Risk Betting Revolution: Introduction to Sports Arbitrage Betting

    By Juha Öörni

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    About this ebook

    Low Risk Betting Revolution: Introduction to Sports Arbitrage Betting


    Have you tried arbitrage sports betting, but you haven’t had success?


    If you wish to make a profit from betting on sports? It’s not that hard. You just need some patience, diligence, good observation and some math skills.


    Arbitrage sports betting–also known as “arbs”-is very popular in our days. Thanks to the Internet, you can visit numerous bookmarks and compare their odds. In this way, you can find the best odds on offer and bet on them for a better chance at winning.


    If you play your cards right, your bet will be a guaranteed profit. In this book, Juha Öörni shares with you some secrets and tips, and he provides you with some examples that will help you understand everything about arbitrage betting.


    By the end of this book, you will have a complete understanding of what arbitrage is, how it works, and how you can use it to make a profit. Everything you need to know is in these pages.

    LanguageEnglish
    PublisherPublishdrive
    Release dateOct 6, 2017
    Low Risk Betting Revolution: Introduction to Sports Arbitrage Betting

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      Book preview

      Low Risk Betting Revolution - Juha Öörni

      Low Risk Betting Revolution

      Introduction to Sports Arbitrage Betting

      Juha Öörni

      Copyright © 2017 Juha Öörni

      TABLE OF CONTENTS

      INTRODUCTION

      WHAT IS SPORT ARBITRAGE

      HOW DOES IT WORK

      THE ARBITRAGE BETTING

      WHY ISNT EVERYONE DOING IT

      HOW DO BOOKMAKERS LOSE THEIR MONEY?

      TYPES OF ARBITRAGE

      ARBITRAGE BETTING ADVICE

      DON’T THE BOOKMAKERS DISLIKE ARBITRAGE BETTORS

      IS ARBITRAGE TRADING LEGAL

      HOW MUCH TIME DOES IT TAKE?

      THE MATHS BEHIND ARBITRAGE

      SPORT ARBITRAGE EXAMPLES

      RECOMMENDED BOOKMAKERS

      THE RISKS INVOLVED IN ARBITRAGE TRADING.

      AVOIDING RISK

      ARBITRAGE TRADING, SCALPING, AND OTHER TERMS

      CONCLUSION

      INTRODUCTION

      Sports Betting Arbitrage, Scalping, Sure Bets, and Arb Trading all refer to the one thing, the idea of making a guaranteed profit from a difference in odds between sportsbooks. Usually, backing all outcomes of a single sporting event at a single bookmaker would result in you guaranteeing a loss of a few percent – this is the bookmaker’s margin. However, if we take the best competing for odds from different bookmakers, it is possible to make it so that guaranteed loss turns into a guaranteed profit. By betting on those high odds so that your winnings are the same no matter what the outcome, you are arbing.

      Examples are the easiest way to clarify exactly what that means, so just consider a tennis event where you can bet $100 on each player at odds of 2.05 at two competing bookmakers. All together you outlay $200 ($100 at each bookmaker), but if either bet wins you receive $100 x 2.05 = $205. With a $200 outlay, that is a $5 profit no matter which player wins.

      Another example:

      Pinnacle Sports has odds of 1.10 on Team A and 8.00 on Team B

      Canbet has odds of 1.20 on Team A and 5.00 on Team B

      In order to help, you understand exactly how arbitrage works, the following list shows you what needs to be wagered to win $1000 from the odds offered on this game:

      Pinnacle Sports

      1. $909.10 on 1.10 wins $1000

      2. $125.00 on 8.00 wins $1000

      Canbet

      3. $833.35 on 1.20 wins $1000

      4. $200.00 on 5.00 wins $1000

      Looking at those numbers, you can clearly see that

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