An Arbitrage Betting System enables you an opportunity of sports betting that gives you a one hundred percent chance to win a profit.
Well, at least in theory that's how an arbitrage betting system would work, and for the most part, a good arbitrage betting system will do exactly that. A successful aribtrage betting system consists in choosing the right sporting event and usually two (or sometimes three – in the case with the draw possibility) bookmakers which give the highest odds for both of competitors. Along with the correct software and bookmaker accounts, your arbitrage betting system is guaranteed to make a profit. Cool!
There are many different types of betting arbitrage systems but after much research, I can show you the best software and bookies so you can setup your very own arbitrage betting system and make money!
Very simple arbitrage betting system example…
Imagine there is a tennis event – a match between Player A and Player B. The odds of one of bookmakers are 2.05 on Player's A win and 1.90 on Player's B win. The other bookmaker's odds are 1.80 on Player A and 2.05 on Player B.
It is clear without a calculator that if you bet $100 USD on Player A at the first bookmaker and another $100 USD on Player B at the second bookmaker you will win $205 USD regardless of the outcome of the match. It means that your profit will be equal to $5 USD because you bet $200 USD and win $205 USD. So the event and the bookmakers' odds make an arbitrage betting source.
Real life arbitrage betting system example…
Real betting arbitrages looks only slightly more complicated in comparison with the simple example above. We have the match between Player A and Player B again. The first bookmaker has the odds 1.72 on Player A and 2.20 on Player B. The second bookmaker' odds are accordingly equal to 1.55 and 2.50.
Checking the arbitrage betting system data…
You have to compare and choose the greatest odds on each player. In our example these are 1.72 (first bookmaker) on Player A and 2.50 (second bookmaker) on Player B. Then you have to pick a number (for example 100). If there are more than 2 bookmakers you should take only two of them (one with the greatest odds on Player A and the other with the greatest odds on Player B).
Now you should divide the picked number by the first greatest odds and add to the given result the picked number divided by the second greatest odds.
In our example it will look like this:
Result: 100/1.72 + 100/2.0 = 98.1395
If the result is less than the number which we have picked (100 in our example) then the given odds make a betting arbitrage.
Arbitrage Betting System Profit
The profit equals the difference between the picked number and the result divided by the picked number:
Profit: 100 – 98.1395 / 100 = (almost) 2%
Arbitrage Betting System Winnings
If you would like to win 100 USD (the picked number) you should bet:
* 100/1.72 = $58.14 USD at the first bookmaker on Player A
* 100/2.50 = $40 USD at the second bookmaker on Player B
If Player A wins you will win 58.14*1.72 = $100 USD at the first bookmaker and lose your $40 USD at the second bookmaker. If Player B wins you will lose $58.14 USD at the first bookmaker but wins 40*2.50 = $100 USD at the second bookmaker.
In this arbitrage betting system example, you win nearly
$2 USD, regardless of the event's outcome!
Now I know all that sounds complicated to calculate and do it in a few minutes (the average duration of an arbitrage betting opportunity). But that is where a slick arbitrage betting system, with the right arbitrage software and necessary accounts at various sports bookmakers, will make you money!
Awesome, huh! Well it's not as difficult as you may think. In fact, there is some pretty cool arbitrage betting software to help you make your arbitrage betting system faster and safer (it does the calculations for you). The software tells you what bookmakers to place bets at and how much each bet should be. You know in advance, exactly how much money you are going to make with your arbitrage betting system, even before you place the bet!
An arbitrage betting system is not some kind of crazy gambling scheme. In fact, an arbitrage betting system is not gambling at all, but simply a financial transaction where you are guaranteed to make a profit!
External Links
I found some excellent sites that will provide more information about this subject...
The Best Horse Racing Books
AOL.com Video - Sports Betting Advice
How to Bet On Sports: Rules Guides and Strategy
Handicap Football Betting System
Horse Racing Systems - Any use?
Category:Sports betting scandals - Wikipedia the free encyclopedia

