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WEDNESDAY – 22/12/2021
England Boxing day tips 1×2
Sports Arbitrage Betting System
The sports betting experience can be one that is thoroughly entertaining, if you know what you’re doing. And once you begin gaining experience with betting, you can introduce some new techniques into your strategy. One of those techniques is to involve yourself in sports arbitrage betting, and this particular form of betting benefits from price differentials between two markets. In this respect, it is used for guaranteeing yourself a profit, regardless of the overall outcome.
With this being the case, sports arbitrage betting requires you to utilise a betting exchange, rather than a standard sportsbook. Arbitrage in general is very common as a practice for traders on the stock exchange to take advantage of, by buying stock at a particular price on one exchange and selling the same stock for a higher price on another. That principle works exactly the same for sports betting, working as the makeup of a betting exchange.
How to Proceed with Making an Arbitrage Bet
Generally speaking, there are two different types of arbitrage bets that you can take advantage of at betting exchanges. These are:
• Odds arbitrage
• Bonus arbitrage, which is also known as matched betting
Any fair market is priced with an implied probability that adds up to 100%, so traditional bookmakers build a margin into their odds in a bid to balance the book. This prices the market over 100%. But arbitrage betting reverses this in your favour, allowing you to exploit the various price discrepancies across bookmakers and a betting exchange. The implied probability of odds on offer in this case is below 100%, operating in favour of the bettor.
The simplest form of arbitrage betting is where the exchange lay odds are lower than the back odds offered by a bookmaker. This is where you can benefit from the back high and lay low trading philosophy. Essentially, you cover all eventualities across the bookmaker and exchange, so that you can guarantee yourself a profit whatever the outcome of the match is.