What is sports arbitrage betting and how does it work?
Sports Arbitrage Betting can be regarded as one of the hottest source of income on the Internet. Put simply sports arbitrage betting is the action of betting on both sides of a game at different sports books to guarantee a profit no matter the outcome of the game. Put more simply, by backing all competing sides of a sporting event at different bookmakers using the highest odds available, you can set up a situation where each outcome will result in winnings greater than the total amount risked. This possibility arises from a difference in opinion about the fair odds of the event by bookmakers, and one bookmaker has given the favorite higher than usual odds, while the other bookmakers has given the underdog higher than usual odds. Individually neither bookmaker will make a loss, however if you take the combination of the two or more higher than usual odds, it may be possible to bet on all outcomes so that no matter who wins the sports event, your winnings will cover all bets completely a
Related Questions
- In researching sports arbitrage I found a subscription arb alert service that only costs $20 a month. Is it possible to trade successfully with these services?
- Has anyone heard of or had experience with a Sports Arbitrage trading company called Forbes International?
- How many bookmakers accounts do I need to use for sports arbitrage betting?
