Sports arbitrage betting is undoubtedly an unknown manner of betting in sports that make guaranteed profits regardless of results of the big 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 when the prices of the bookmaker differ enough that he or she allows the sports bettors to back all outcomes of the event and still generate a profit finally.
Also known as sure bets, sure wins or arbs, the sports arbitrage betting can be applied to almost all kind of competitive sports. The technique may work in horse and greyhound racing, football, baseball and golf betting. Also, you can even apply your understanding on arbitrage betting on some of your non-sports events, like political elections and even on entertainment awards.
But, don?t the bookmakers understand this technique? If they do, just how do they feel about it?
Well, one thing is for sure: bookmakers really do know about sports arbitrage betting. However, they don?t create this situation using their own prices. As you may know, bookmakers are only interested in earning money. Since the cash of an arbitrageur, a person who practices arbitrage, is really as good as any other punter?s but for the fact that that 50 % of all of the bets an arbitrageur makes in every sports arbitrage betting will lose, the bookmaker is still more 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 really make it apparent that you are an arbitrageur.
There are two factors that contribute to 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 fact that most bookmakers who do not possess the necessary expertise, knowledge and resources to closely follow the event often wait for the leaders to establish the marketplace before adjusting their very own betting odds.
Also, sports arbitrage betting occurs because in every sports betting, there’s always a thir group of bookmakers who may have their very own views. Most of them even try to be attractive in offering above average odds, thus enhancing 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 back to the situation in the event the bookmaker seeks a hedge against a possible loss, thus creating an arbitrage.
Today, sports arbitrage betting is in the state of popularity. It’s now available to individuals because of the introduction of the internet. However, there are a few barriers that prevent everyone from being successful. After all, sports arbitrage betting isn’t effort-free. It still needs time, capital, organization and energy to make consistent profits.