Arbitrage betting. Arbitrage betting is to make a wager on each and every possible result of an event by placing bets, using a variety of stakes and odds to guarantee your profit. This kind of betting is a strategy you could use to improve your chances of winning however, arbitrage sports betting. Arbitrage Betting is not Gambling Arbitrage betting or sure betting has nothing to do with gambling despite what the word 'betting' would suggest. Betslayer teaches you how to place arbitrage bets that.
How can Arbitrage occur?
- Differing bookmaker opinions
- Bookmakers taking a particular position
- Bookmakers accepting large wagers on one side and then needing to balance their book
Arbitrage betting is all about spotting inefficiencies in the betting marketplace in order to guarantee profits. When bookmakers assign odds and probabilities to specific events, it's not an exact science. Arbitrage Betting Example. If we look at this table with multiple odds from two wagering providers we can try and determine an arbitrage opportunity and also work as a matched betting calculator. Arbitrage is ‘Sure Betting'. In the world of sports betting the art of arbitrage involves wagering on both or all sides of an event with the right combination of odds and stakes in place to make a profit whatever the outcome of that event. The principle of arbitrage is ‘ sure betting.
This can be particularly difficult to monitor across a range of markets but there are betting software providers which can support sports arbitrage.
Bookmaker Promotions
Sign up bonuses and boosted fixed odds promotions can produce arbitrage in betting and matched betting opportunities. Boosted fixed odds with bookmakers allow Betfair users the ability to Back with the bookmaker and Lay the same selection on the exchange to secure a possible profit no matter the result of an event. Bookmaker sign up free bet bonuses can also enable similar arbitrage betting propositions but can often have restrictive turnover conditions required.
Arbitrage Betting Example
If we look at this table with multiple odds from two wagering providers we can try and determine an arbitrage opportunity and also work as a matched betting calculator.
Looking at Wagering Provider 1 independently we see the total market percentage is greater than 100% (100.08%). The same applies for Wagering Provider 2 (104.44%).
| Wagering Provider 1 | Wagering Provider 2 | |
|---|---|---|
| Djokovic Price | $2.12 | $1.72 |
| Nadal price | $1.89 | $2.16 |
| Market % | 100.08% | 104.44% |
This means that by looking at these two providers independently there is no arbitrage betting opportunity present.
By taking the best prices (highlighted in green) from each Wagering Provider and summing the probabilities we get a percentage less than 100%. Sum of probabilities = 93.47%.
Provider 1 Djokovic Probability – 100 / 2.12 = 47.17%
Provider 2 Nadal Probability – 100 / 2.16 = 46.29%
By betting to pay out the same profit regardless of the outcome, the profit margin achieved is 1 divided by the sum of probabilities (1/.9347) which = 6.98%.
Utilising Multiple Wagering Providers
By taking the best prices (highlighted in green) from each Wagering Provider and summing the probabilities we get a percentage less than 100%. Sum of probabilities = 93.47%.
Provider 1 Djokovic Probability – 100 / 2.12 = 47.17%
Provider 2 Nadal Probability – 100 / 2.16 = 46.29%
By betting to pay out the same profit regardless of the outcome, the profit margin achieved is 1 divided by the sum of probabilities (1/.9347) which = 6.98%. To determine how much to stake on each outcome to return the same amount, use the below matched betting calculator:
Firstly determine the total amount you want to invest into this sports arbitrage. For this example we are going to use $200. Now utilise the probabilities available to determine the stake.
Arbitrage Betting Sites
Djokovic stake: $200 * .4717 = $94.34
Nadal stake: $200 * .4629 = $92.58
Total outlay: $94.34 + $92.58 = $186.92
Arbitrage Betting Software
Djokovic wins: $200 – $186.92 = $13.08 profit
Nadal wins: $200 – $186.92 = $13.08 profit
For more information on arbitrage in betting, check out our Match Betting Mini Hub.
You'll find plenty of relevant resources, particularly the great articles from Bonus Money.
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Sports Betting Arbitrage
Your one stop for all things Promo Arbing and Match Betting
Sign up bonuses and boosted fixed odds promotions can produce arbitrage in betting and matched betting opportunities. Boosted fixed odds with bookmakers allow Betfair users the ability to Back with the bookmaker and Lay the same selection on the exchange to secure a possible profit no matter the result of an event. Bookmaker sign up free bet bonuses can also enable similar arbitrage betting propositions but can often have restrictive turnover conditions required.
Arbitrage Betting Example
If we look at this table with multiple odds from two wagering providers we can try and determine an arbitrage opportunity and also work as a matched betting calculator.
Looking at Wagering Provider 1 independently we see the total market percentage is greater than 100% (100.08%). The same applies for Wagering Provider 2 (104.44%).
| Wagering Provider 1 | Wagering Provider 2 | |
|---|---|---|
| Djokovic Price | $2.12 | $1.72 |
| Nadal price | $1.89 | $2.16 |
| Market % | 100.08% | 104.44% |
This means that by looking at these two providers independently there is no arbitrage betting opportunity present.
By taking the best prices (highlighted in green) from each Wagering Provider and summing the probabilities we get a percentage less than 100%. Sum of probabilities = 93.47%.
Provider 1 Djokovic Probability – 100 / 2.12 = 47.17%
Provider 2 Nadal Probability – 100 / 2.16 = 46.29%
By betting to pay out the same profit regardless of the outcome, the profit margin achieved is 1 divided by the sum of probabilities (1/.9347) which = 6.98%.
Utilising Multiple Wagering Providers
By taking the best prices (highlighted in green) from each Wagering Provider and summing the probabilities we get a percentage less than 100%. Sum of probabilities = 93.47%.
Provider 1 Djokovic Probability – 100 / 2.12 = 47.17%
Provider 2 Nadal Probability – 100 / 2.16 = 46.29%
By betting to pay out the same profit regardless of the outcome, the profit margin achieved is 1 divided by the sum of probabilities (1/.9347) which = 6.98%. To determine how much to stake on each outcome to return the same amount, use the below matched betting calculator:
Firstly determine the total amount you want to invest into this sports arbitrage. For this example we are going to use $200. Now utilise the probabilities available to determine the stake.
Arbitrage Betting Sites
Djokovic stake: $200 * .4717 = $94.34
Nadal stake: $200 * .4629 = $92.58
Total outlay: $94.34 + $92.58 = $186.92
Arbitrage Betting Software
Djokovic wins: $200 – $186.92 = $13.08 profit
Nadal wins: $200 – $186.92 = $13.08 profit
For more information on arbitrage in betting, check out our Match Betting Mini Hub.
You'll find plenty of relevant resources, particularly the great articles from Bonus Money.
Related Articles
Matched Betting: A New Way To Bet (For Australians)
The prevalence of bookie promotions has paved the way for a new betting method. Or a new method for ...
The Promo Arber's Betting Strategy
Yes, I bet you secretly laughed at your Nana or your next-door neighbour who kept every supermarket discount docket; ...
Arbitrage Betting Example
How To Arbitrage | Low Risk Matched Betting
Sports Betting Arbitrage
Your one stop for all things Promo Arbing and Match Betting
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