Guide to Arbitrage Betting

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Arbitrage betting is a popular strategy for bettors. It involves making bets at the same time on different events, with the aim of profiting from discrepancies in odds. What are these discrepancies? Well, it all depends on how well-known an event is and what type of market you’re looking to play in.

We will explore this topic by examining arbitrage betting through three case studies: football matches, horse racing and greyhound races. So

, without further ado, let’s get started!

FOOTBALL MATCHES: In football (soccer), arbitrage opportunities can arise when different bookmakers offer different odds on the same outcome of a match. For example, if one bookmaker offers odds of x for Team A to win and y for Team B to win, while another bookmaker offers odds of z for Team A to win and w for Team B to win, there is an opportunity for arbitrage.

In this scenario, you would place a bet on Team A with both bookmakers. If Team A wins, you would make a profit of (x-z) from the first bookmaker and (y-w) from the second bookmaker.

HORSE RACING: In horse racing, arbitrage opportunities can arise when bookmakers offer different odds on the same outcome of a race. For example, if one bookmaker offers odds of x for Horse A to win and y for Horse B to win, while another bookmaker offers z for Horse A to win and w for Horse B to win, there is an opportunity for arbitrage.

In this scenario you would place a bet with both books on Horses A and B at their originally offered odds (x/y). If either horse wins you will make money off your bets as they cover your liabilities! Allowing yourself two winners from any given race increases the likelihood that you’ll take advantage of these types of situations.

GREYHOUND RACES: In greyhound racing, arbitrage opportunities can arise when bookmakers offer different odds on the same outcome of a race. For example, if one bookmaker offers odds of x for Greyhound A to win and y for Greyhound B to win, while another bookmaker offers z for Greyhound A to win and w for Greyhound B to win, there is an opportunity for arbitrage.

In this scenario you would place a bet with both books on Dogs A and B at their originally offered odds (x/y). If either dog wins you will make money off your bets as they cover your liabilities! Allowing yourself two winners from any given race increases the likelihood that you’ll take advantage of these types of situations.

What is Arbitrage Betting?

Arbitrage betting is a popular strategy for bettors. It involves making bets at the same time on different events, with the aim of profiting from discrepancies in odds. What are these discrepancies? Well, it all depends on how well-known an event is and what type of market you’re looking to play in. We will explore this topic by examining arbitrage betting through three case studies: football matches, horse racing and greyhound races. So, without further ado, let’s get started!

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