Sports Arbitrage, Sports arbitraging, or Sporting Arbitrage is a way of trading which uses difference in odds in several bookmakers, and guarantee you profit with 100% RISK FREE. Today there are many bookmakers online, and each one posts different odds to the same game.
Sport arbitrage happens when different bookies publish different odds of some sporting event. We can pick the best odd we find on each outcome and place the money in a different bookie, so we back all the event’s outcomes and guarantee a profit no matter what the outcome is. Sports Arbitrage helps you win for sure without risking your money and regardless of the outcome of the event.
Sports Arbitrage or Sporting Arbitrage Example
Lets take a look at this following tennis game:
3.494% profits means that if you invest 1000$ you will get back 1034.94$.
34.94$ profit risk free!!
Lets see how we do this:
To calculate sporting arbitrage you want to understand that the odd 1.36 means that placing a money for $1 gives you $1.36 in case of a Simon win. Now, lets calculate the cost of each odd.
Total Cost= $.966
Total Profit= $1 – $.966=$.034
This calculation tells us that we will need $0.966 to be sure to get $1. If the result of the calculation is below 1 (0.966 < 1), then you have an arbitrage opportunity. if you do the math without rounding, the profit is 0.03494 or 3.494 percent.
We can use the Arbitrage Calculator and find the amount to invest on each outcome. If we invest 760.98$ on Simon we will get 1034.94$ back, and if we invest 239.02$ on Ebden we will also get 1034.94$ back.
Important points to remember for Sports Arbitrage
1. Full Time Result: To predict whether the result will be win, lose or draw. It is also called as 1 X 2. The 1 marks the home win, the X marks the draw and the 2 marks the away win.
2. Asian Handicap(AH): Asian Handicap gives a possibility for one of only two winning outcomes. Asian Handicap gives a weaker team a handicap start and removes the possibility of the draw. There are two types of handicap named single handicap and double handicap.
3. Total Goals: To predict whether the total number of goals are more or less than the number of goals quoted. Bookmakers usually propose Over/Under at 2.5 goals. A Under event is won if 2 goals maximum are scored and lost if 3 or more are scored during the match.
Read Full Time Result, Accumulator, Asian Handicap, Score, Half Time/Full Time.
1. Horse Racing