Sports Arbitrage Betting – What is it and Does it Work?
The internet is awash with betting systems that are guaranteed to make you your fortune, but very few live up to their promise. Sports Arbitrage however is slightly different in that it produces a guaranteed return. But what is it and does it work in practice? Read on to find out more: Sports Betting Arbitrage, or “arbs”, in its simplest form is the process of placing bets with different bookmakers and at different odds so that a profit is guaranteed whatever the outcome of the event. As a simple example, imagine in a tennis match, bookmaker “A” may have player 1 at odds of 2.1 to win and player 2 at odds of 1.85, whereas a rival bookmaker “B” may see the odds as 1.85 for player 1 and 2.1 for player 2. In this example you would be able to back player 1 to win at odds of 2.1 with bookmaker A, and player 2 to win at odds of 2.1 with bookmaker B. Lets see what would happen if you were to back each player at £100 to win: Player 1 Wins: You make £100 x 1.1 = £110, less the £100 bet on Playe
