How do we find sports arbitrage bets?
Finding sports arbitrage bets can be time consuming. Spotting them is relatively easy. You just convert the opposing odds on an event to a percentage and see if they add up to less than 100%.
Instead of trawling odds comparison sites we recommend using one of the sports arbitrage services which are available. These companies use software to search for sports arbitrage bets for you.
What is the first step to successful sports arbitrage trading?
sports arbitrage opportunities can spring up anywhere; a fixed odds bookmaker in the USA, UK, Europe or Australia. The first step is to open an account with a selection of online fixed odds bookmakers. There are some specific bookmakers who suit sports arbitrage betting because they allow a high stake size. As you'll learn it is important to have a bookmaker who allows a high stake when you consider you are making around 4% on each sports arbitrage bet.
How do I set up a sports arbitrage bet once I have opened by fixed odds bookmaker account?
When you know which fixed odds bookmakers are presenting a sports arbitrage opportunity log into your account with each bookmaker. Have the fixed odds betting terminal of each bookmaker open in a separate browser window. Enter your stake in each one. Click confirm quickly one after the other and you sports arbitrage risk free profit is secured.
Tuesday, May 25, 2010
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