Bet sure whether there really is such a thing? Can one really make a living betting on sports? The short answer is YES. Introducing sports arbitrage trading. I say trade, because if you follow certain guidelines, and stick to them, there is no risk.
When bookmakers or “bookies” give their odds for the outcome of a sports game , they often have different opinions. These variances show themselves in the numbers they post. If one finds a bookmaker that has a large difference in the odds given for the same event, they can bet on both sides using a surefire formula, which will guarantee a win, regardless of which team wins.
This is known as sure betting, scalping, “arbing”, as well as sports arbitrage trading. The gain from this exercise is an average of 3 to 5%. Sometimes, in very large games, (advertised nationally) the figure can go as high as 10 to 15%.
In the last ten years, the Internet has had a huge influence on sports betting. Games played overseas, can now be bet over the Web, or through local bookies. Sports arbitrage events are available when the price difference (odds) between multiple bookmakers amounts to less than 100%.
To make calculations to see if the “arb” is available, there are software programs that “find” this price difference, then calculate the exact number required to bet on each team to take advantage of the opportunity to profit.
It has become a very big business in the last ten years. The number of bettors is increasing, as more and more people find out about this opportunity for easy money. For those who want to learn more about the systems used for maximum sure bet profits, I recommend a book written by the same people who invented the software for sports arbitrage trading.
An expert with 15+ years, first-hand experience helped him develop his own methods and perfect a highly successful sports arbitration fund. Rajeev Shah, is Author of “SPORTS ARBITRATION How to Place Risk-Free Bets and Create Tax-Free Investments”
This book is a must read for those who wish to make a risk-free profit in the sports trading arena. His books are the ultimate authority in this niche. It is written in such a way, to fully explain every important element in a live real world example.