Sports Arbitrage Betting
When the World Wide Web really became the online power that it is these days it produced many possibilities to ordinary people like me and you that we never had before. As well as providing us with the capability to buy items and hook up with others all over the world it also permitted us, for once, to implement elements that only a small band of elite people used to profit from. Arbitrage betting is one such revenue opportunity.
For years these 100% lawful and successful techniques were kept "under wraps" by expert punters who realized how to work the system to make huge amounts of cash (millions in some cases).
Using arbitrage betting techniques these expert players realized when they placed their wagers exactly how much cash they were assured to win. There was no luck needed and no was no gambling took place. There was just an assured pay out - every time
The exercise of arbitrage gambling, or arbitrage betting as it is often known as, is using possibilities to guarantee revenue by exploiting price differentials between two or more bookies on internet gambling websites.
Prior to the World Wide Web arbitrage application usually took two expert gamblers to be in two different bookies so they could place their wagers in conjunction before the bookmakers odds changed. Now it can be done in seconds, by the same gambler, using the power of the internet and home computer equipment!
So how does it work?
Bookmakers on the internet gambling websites make up their odds in a way that will always ensure they end up in profit. This implies that the odds given by one gambling website may change a little bit, or significantly, from the possibilities given by another gambling website.
As I have already described when a bookie determines the possibility of a game he will make sure he always makes a profit and will therefore modify his odds as wagers come in. As more people bet on one side of a match so the odds for them winning will be shortened down to make sure the bookie continues to be in profit
However, a different bookie may be suffering from the actual reverse occurring and this he will modify his possibilities to make sure that he is in revenue.
This indicates that these two bookies have considerably different possibilities from one and other - sometimes the actual reverse.
An example of this would be when one bookie has Team-A at 11/10 while a second bookie has Team-B at 11/10 because each bookie must entice punters to bet that will help them balance their books and make sure of a profit.
By putting a bet on each side to win with the particular bookies who are providing 11/10 possibilities you make sure a profit for yourself.
Arbitrage usually has rather little profit margins of usually between 3% and 5%. However, it is an assured income so your betting bank and stakes can increase very quickly.