Wednesday 1 December 2010

How Sports Arbitrage Betting Works

Sports Arbitrage Betting works through discrepancies between different bookmakers in relation to the odds they have set on a particular market. The way the bookmakers have set their odds out gives you, the punter, the opportunity to place a series of bets in order to guarantee a profit. Here is an example taken from one of Ucantlose's previous arbs: Match -*  Derry City v Saint Patrick's Market -* Eircom Premier Division - First Team To Score - 23/03/07 - 19:45 GMT Bet 1 -* Derry City - 2.88 - StanJames Bet 2 -* No Goals - 10.00 - Bet365 Bet 3 -* Saint Patrick's - 2.80 - PaddyPower Result -* Guaranteed Return - 24.32% So this is an example from way back in the past, in 2007 this arb occurred (to see present day arbs that Ucantlose have sent to their members click here). In this arb in order to profit you will need to bet: £432 on Bet 1, £124 on Bet 2 and  £444 on Bet 3. The total risked therefore is £1000. Now in the actual match Saint Patricks scored first so the return was £234.20, because £444 @ 2.8 = 1234.20, deducting the £1000 in stakes that leaves profit of £234.20. If on the other hand Derry City would have scored first then there would have been a profit of £244.16 (£432 x 2.88 = £1244.16 - £1000 = £244.16) Similarly if there had been no goal then we would have made profit of £240 (£124 x 10.00 = £1240 - £1001 = £240). So that is how Sports Arbitrage Betting works. If you are interested in becoming a Sports Arber then you should definitely check out ucantlose and receive at least 50 proofed arbs a month or your money back. Click here for more information

http://www.topbettingguides.com

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