Sports arbitrage betting is an unknown manner of betting in sports that make guaranteed profits regardless of the results of the event. It basically involves taking advantage of the fact that different bookmakers set different betting odds based on their opinion of the competitors? relative chance of winning an event. So, simply put, sports arbitrage betting is the situation if the prices of the bookmaker differ enough that he or she allows the sports bettors to back all outcomes of the event yet still generate a profit in the end.
Also called sure bets, sure wins or arbs, the sports arbitrage betting does apply to just about all sort of sporting events. The technique may work in horse and greyhound racing, football, baseball and golf betting. Also, you may also apply your knowledge on arbitrage betting on some of your non-sports events, such as political elections and also on entertainment awards.
But, don?t the bookmakers know about this system? If they do, just how do they feel about this?
Well, the one thing is for sure: bookmakers do know about sports arbitrage betting. However, they don?t create this case using their own prices. As you may know, bookmakers are only enthusiastic about earning money. Since the money of the arbitrageur, a person who practices arbitrage, is as good just like any other punter?s but for the proven fact that that half of all of the bets an arbitrageur makes in every single 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 against the customer earning 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 rather than to really make it apparent that you’re an arbitrageur.
There are two factors that play a role in the emergence of the sports arbitrage betting technique. One may be the bookmakers? differentiation. In line with some studies, sports arbitrage betting opportunities do occur for the proven fact that most bookmakers that do not possess the necessary expertise, knowledge and resources to closely follow the event tend to wait for 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 other factor that triggers the occurrence of sports arbitrage betting could be 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 available to everyday people because of the introduction 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 needs time, capital, organization and energy for you to make consistent profits.