Aegist Posted August 3, 2006 Share Posted August 3, 2006 I couldn't find any thread dedicated to Sports Arbtirage betting already, so here it is. Obviously Arbitrage isn't new anymore, and I expect all regulars here to know of it already, but if any people here who are new to the scene of betting systems and arbitrage in general want to ask any questions, then I would be more than happy to try to help out. Also, if any people here who actually arb want to offer any of their experience, I'd appreciate that too!!! In short, for those who don't know: Arbing is placing a bet on both sides of the one game so that no matter who wins you are locked in for a known profit. Arbs are only ever possible when each side is bet on at different bookmakers (since any single bookmaker always has a 'negative arb', that is, they always take their known precentage out of the odds which you are offered). So you need a book which offers high odds on the favourite, and another book to offer high odds on the dog, and if they are each high enough you can bet on both and lock in a profit ranging from 0.0001% to up as high as 5% regularly, and as high as 25% rarely. These bets are conceptually 'Risk Free' but of course reality is never as simple as that, and you need to learn the tricks of the trade before you can consider your trades to be safely risk free. As a long term betting strategy, there is simply none better than arbing. Unless you are a brilliant sharp (something which takes a lifetime of dedication to sport!) and you know who is going to win every game, then every other betting strategy has a weak spot, a potential losing streak wipe out, or an eventual statistical return to the break even point. Arbing is the only statistically guaranteed method to profit. (Once you get past the early risky days! :) Shane Edit: OK. Sorry :D Quote Link to comment Share on other sites More sharing options...
georgej Posted August 3, 2006 Share Posted August 3, 2006 Re: Sports Arbitrage Hi Shane - welcome to the mad house. You may want to check out arbforum.co.uk They have most of the pros and cons pretty well covered. I agree that statistically it is guaranteed profit, but can get tricky when bookies limit accounts, or claim a palpable error (wrong odds) One example from the site was a bet on Liverpool to win. The odds were not really different from others available on the market, but 3 hours after the game was finished and Liverpool won, the bet was cancelled - claiming it was a palp. Original stake returned, but also lost money from the other bets being accepted. Good luck with it though - not for me but there is a bit of money to be made for those who put in the work. Quote Link to comment Share on other sites More sharing options...
Aegist Posted August 3, 2006 Author Share Posted August 3, 2006 Re: Sports Arbitrage Oh yeah, I've read through most of the posts at arbforum, it is a great resource. But any bookmaker which cancels a bet AFTER the game is a crook. That is painfully obvious to see. That sort of stuff doesn't go unnoticed and thats why I generally recommend people to suss out every bookmaker before they start to play there. I like sportsbookreview for their reviews and for their forum which often has alot of good thorough information on books...filled with examples like that :o It helps to quickly learn which books to avoid! :) And as for making money with work: That is it precisely. Arbing isn't a get rich quick scheme. Its simply a solid system which you need to employ and follow through on time and time again. If you have the time and a large enough bank roll, you can make a very nice full time wage off it with all of the perks of sitting at home all day :) Shane Quote Link to comment Share on other sites More sharing options...
seannie Posted December 2, 2006 Share Posted December 2, 2006 Re: Sports Arbitrage Hi Shane - are you still arbing ? I did it for a couple of weeks a few years back , and did see some positive returns but i gave it up , cos ' work was getting in the way ' . Now i work from home , and am considering going back to it . Are you doing it full time ? I was with zra , jason thompson , back then - and will mostly likely go back there . I'd appreciate any comments you have though . Im on [email protected] Cheers , Sean Quote Link to comment Share on other sites More sharing options...
Aegist Posted December 3, 2006 Author Share Posted December 3, 2006 Re: Sports Arbitrage Hey sean, yeah I'm still arbing, though not full time atm. I recommend checking out SAG, particularly the free trials page, and the list of all of the alert programs. There are a lot more players in the market these days and it is definitely worth your time taking out the free trials and finding the best option for you. I'll send you an email and you can ask any questions if you like. Shane Quote Link to comment Share on other sites More sharing options...
ArtMaster Posted December 3, 2006 Share Posted December 3, 2006 Re: Sports Arbitrage :lol Novel way to spam, I dont think. Quote Link to comment Share on other sites More sharing options...
Aegist Posted December 3, 2006 Author Share Posted December 3, 2006 Re: Sports Arbitrage What spam? Its a thread, on topic, with a little bit of discussion between people who are interested. Quote Link to comment Share on other sites More sharing options...
ArtMaster Posted December 3, 2006 Share Posted December 3, 2006 Re: Sports Arbitrage So despite this thread starting on the 8th, and you hardly ever posting, you just happened to check yesterday to answer this newbies question?! And both recommended something you quite obviously have an interest in.... :zzz Quote Link to comment Share on other sites More sharing options...
Aegist Posted December 3, 2006 Author Share Posted December 3, 2006 Re: Sports Arbitrage LOL, :zzz all you want. I guess you don't subscribe to your own threads? i do. And when someone posts, I get an email. *Magic* Quote Link to comment Share on other sites More sharing options...
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