What is Sports Arbitrage Betting?
Using the Odds The theory behind sports arbitrage betting is relatively easy. Every bookmaker up and down the country, either on the web or in the high street, sets odds on the many different events in the sporting calendar. These odds are essentially based on opinion, and these opinions change from bookie to bookie. An arbitrage opportunity exists when the difference of opinion is large enough to guarantee a profit whatever the result.
- 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?