Understanding Betting Odds
Understanding Betting Odds

submitted 10th May

To fully understand betting odds, you must know what a bookmaker is, what types of bets are there and type of Odds to fully understand gambling.

World Cup - Qatar 2022 Host stadium
World Cup - Qatar 2022 Host stadium

submitted 31st March

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

How to win money in soccer betting
How to win money in soccer betting

submitted 10th April

Soccer Betting is a big Industry where people win money and lose money also. So How to win money in soccer betting?

Ethereum Gambling
Ethereum Gambling

submitted 26th March

What is Ethereum? How can ethereum be used in gambling?

How to bet on Football matches
How to bet on Football matches

submitted 10th April

What are Football Odds? What are the best betting sites that have the best Odds? and how to choose the best bets for the Football matches. These question are all asked when starting betting on Football matches.

Asian Handicap Explained - Simple explanation on picture
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.

How to win sports betting?
How to win sports betting?

submitted 30th March

What are the chances of winning sports betting and what types of strategies?

UEFA Euro 2020 Host stadium
UEFA Euro 2020 Host stadium

submitted 21st March

what are the UEFA Euro 2020 hosts stadiums?

Betfair API GitHub Code Samples
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.

What is Sport Arbitrage Betting? - Arbitrage Example & Meaning
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.

What is Sport Arbitrage Betting? - Arbitrage Example & Meaning

by Admin


Posted on 16th May


What is Sport Arbitrage Betting? - Arbitrage Example & Meaning
Sport 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 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/


Tags: sport arbitrage betting Betfair Betting arbitrage example arbitrage meaning arbitrage Software