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Betfair API GitHub Code Samples

submitted 28th March

How to connect to a Betfair API? using Json request to get latest horse betting Odds and much more.

Postponed or Cancelled match. What happens to the Bet?

submitted 8th March

If a bet contains a postponed or Cancelled match what happens to the bet? and different scenario for single and multi bet.

Asian Handicap Explained - Simple explanation on picture

submitted 15th May

Always tried to understand what is Asian Handicap in Betting, this article is a dummy guide to understand Asian Handicap in betting.

Top 3 Hottest Female Soccer Players

submitted 27th May

Who are the Top 3 Hottest female football players in the World? Sydney Leroux, Shelina Zadorsky and Alex Morgan makes it to the top 3 hottest female soccer players with a very young age.

World Cup - Qatar 2022 Host stadium

submitted 31st March

what are the host stadiums for the World Cup - Qatar 2022?

Top 3 Richest Footballer in the world in 2019 - Richest football player

submitted 15th July

Who is the Richest Footballer in the world in 2019 and have the most money as a football player, both earing and already earned sportsman?

What is Sport Arbitrage Betting? - Arbitrage Example & Meaning

submitted 16th May

Sport Arbitrage Betting card-playing is an activity where you place two different bets opposing each other while retaining a guarantee profit. Arbitrage Example will show how it works in betting.

Why Cristiano Ronaldo has number 7?

submitted 13rd March

CR7 is now a brand, Why CR7 always wears with number 7?

How Double Chance bets are calculated?

submitted 11st March

what is the formula to calculate double chance bets?

Betting on the Blockchain.

submitted 10th March

With the rise of Blockchain, different sectors are now considering blockchain as their platform. Gaming industry is one of them.

What is Sport Arbitrage or Arbitrage Betting? - Arbitrage Betting Meaning

Sport Arbitrage or Arbitrage Betting card-playing is an activity where you place two different bets opposing each other while retaining a guarantee profit. Sport Arbitrage Example will show how it works in Arbitrage Betting.

by Admin


Posted on 16th May




What is Sport Arbitrage or Arbitrage Betting? - Arbitrage Betting Meaning
Intro for What is Sport Arbitrage or Arbitrage Betting? - Arbitrage Betting Meaning: Sport Arbitrage or Arbitrage Betting card-playing is an activity where you place two different bets opposing each other while retaining a guarantee profit. Sport Arbitrage Example will show how it works in Arbitrage Betting.
Sport Arbitrage or Arbitrage Betting also known as surebet always guarantee a profit for the punter. Sport Arbitrage Betting is a mathematically calculated situation that allows bets to be placed with many bookmakers on all the opposing outcomes of the bet. Sports Arbitrage betting therefore becomes an investment method when you place higher amount of money on a long time.
The above arbitrage example shows clearly that there is a guarantee profit of €5 irrespective who wins the tennis game. This is because it is done in a way that whoever wins pays off the other bet. Explanation: So, the example is on a final tennis game between Murray and Djokovic. So, if Bet365 is offering a good bet for Murray Wins of 3.0 (decimal odds) and you place €10 stake - This means that if Murray wins you win €30 or else nothing. The second Bet is now on the other competitor and we take a Bet of William Hill which has a good bet for Djokovic to Win with odds of 2.0. This means that if we bet €15 on Djokovic to win, we get €30. Whichever the end results we both get €30 minus the initial spending stake (€10 + €15) which is a guaranteed profit of €5. As you can see €5 is not a lot, but if we multiply the stake by 100, we get a guarantee profit of €500!
Best Way to use Sport Arbitrage or Arbitrage Betting Arbitrage Betting are mainly two methods. Either find from different bookmakers or else use Betfair Exchange which is better since it offers better odds than bookmakers. Betfair was initially Began as an Exchange (punter becomes a bookmaker and submits his own odds). We recommend visiting Betfair website to since they host a lot of arbitrage betting software. URL: https://apps.betfair.com/arbitrage/




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