Sports arbitrage betting is an unknown technique of betting in sports that make guaranteed profits regardless of the outcome of the event. It basically involves taking advantage of the fact that different bookmakers will set different betting odds based on their opinion of the competitors’ relative chance of winning an event. So, to put it simply, sports arbitrage betting is the situation when the prices of the bookmaker differ enough that he or she allows the sports bettors to back all outcomes of the even and still generate a profit in the end.
Also known as sure bets, sure wins or arbs, the sports arbitrage betting can be applied to almost all sort of sporting events. The technique may work in horse and greyhound racing, football, baseball and golf betting. Also, you can even apply your knowledge on arbitrage betting on some of your non-sports events, such as political elections and even on entertainment awards.
Generally, thousands of people have already used the method of sports arbitrage betting for one particular purpose, that is, to make a profit. They often employ this somehow unknown betting technique knowing that with it, there is no need for any expert knowledge of sports or sports betting. This simply means that with the use of sports arbitrage betting technique, every bettor has the chance to generate profits every time regardless of the outcome of the event or game you bet on.
But, don’t the bookmakers know about this technique? If they do, how do they feel about it?
Well, one thing is for sure: bookmakers do know about sports arbitrage betting. However, they don’t create this situation with their own prices. As you may know, bookmakers are only interested in making money. Since the money of an arbitrageur, a person who practices arbitrage, is as good as any other punter’s and for the fact that that half of all the bets an arbitrageur makes in every sports arbitrage betting will lose, the bookmaker is still likely to value his or her own business. There are also some instances that some of the bookmakers are opposed to the client making money from dealing with them, without bringing upon certain risks. Because of this, many sports arbitrage betting experts recommend taking significant measures to disguise your own arbitraging and not to make it apparent that you are an arbitrageur.
There are two factors that contribute to the emergence of the sports arbitrage betting technique. One is the bookmakers’ differentiation. According to some studies, sports arbitrage betting opportunities do occur for the fact that most bookmakers who do not possess the necessary expertise, knowledge and resources to closely follow the event tend to wait for the leaders to establish the market before adjusting their own betting odds. Also, sports arbitrage betting occurs because in every sports betting, there is always a thir group of bookmakers who have their own views. Most of them even try to be attractive in offering above average odds, thus increasing the possibilities for sports arbitrage betting.
The second factor that triggers the occurrence of sports arbitrage betting is the so-called bookmarker hedging. This refers to the situation when the bookmaker seeks a hedge against a potential loss, thus creating an arbitrage.
Today, sports arbitrage betting is in the state of popularity. It is now accessible to everyday people because of the advent of the internet. However, there are some barriers that prevent everyone from being successful. After all, sports arbitrage betting is not effort-free. It still takes time, capital, organization and energy for you to make consistent profits.