Arbitrage Betting
How can Arbitrage occur?
- Arbitrage Betting Formula
- Sports Betting Arbitrage Example
- Arbitrage Betting Tips
- Arbitrage Betting
- Betting Arbitrage Calculator
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. Arbitrage is an advanced sports betting strategy that comes from the financial world. This strategy involves multiple wagers on the same game in order to guarantee a profit. An opportunity to arbitrage. What is arbitrage betting? Arbitrage betting has become one of the most simplest and popular ways to make money online. The term “arbitrage” (commonly referred to as an arb) is a scenario where you.
- Differing bookmaker opinions
- Bookmakers taking a particular position
- Bookmakers accepting large wagers on one side and then needing to balance their book
This can be particularly difficult to monitor across a range of markets but there are betting software providers which can support sports arbitrage.
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.
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% |
Arbitrage Betting Formula
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%
Sports Betting Arbitrage Example
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 Tips
Djokovic stake: $200 * .4717 = $94.34
Nadal stake: $200 * .4629 = $92.58
Total outlay: $94.34 + $92.58 = $186.92
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.
Arbitrage Betting
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