Learn how to use arbitrage to earn a secondary income. In this section, we will take you through various tutorials to teach you how to use sports betting arbitrage and create win win situations.
Learn how to create risk free bets by using Betfair Betting Exchange and a traditional online Bookmaker. If you can structure your bet correctly, you will be able to walk away from a race in profit, irrespective of the horse winning or losing.
Now let us look at all the possible outcomes of the race from Arbit’s point of view: There are only two: Arbit wins or Arbit loses the race. Now let’s look at the net effect of the two bets based upon the race outcome:
This section is for the cautious investor who wishes to stake less than the minimum allowed by the betting exchanges. On Betfair, for example, the minimum stake is £2 per bet. Note that the minimum is applied to the stake and not the liability.
Notice also that the arbitraging profit is cumulative in that the overall profit is the sum of the arbitraging profits made on the three individual horses concerned.
When you first start to arbitrage with real money, use small amounts initially. That way, you are able to eliminate any misconceptions that you had about arbitraging at a minimum cost to yourself.