Sure-win using sports arbitrage

[neomosquito]

Hi guys, this is the first thread I'm starting and it'll be about how to always win without any risk using sports arbitrage. The first post will be divided into 2 parts separated with a long line. The first part talks about how to derive the system while the second teaches you how to use the system. Of course, you don't need to read part 1 to use part 2. The system is very simple to use ----------------------------------------------------------------------------------------------------------------------------------- Ok. So what is sports arbitrage. It simply means to gain an advantage over the bookies so that you will win 100%. For illustration purposes, we will use a football match between Liverpool and Manchester United. There are 3 outcomes of the match at full time, Liverpool win, Manchester win, or Draw. Depending on what the bookies think, the assign different odds to the three outcomes. Let's say Liverpool is at home and are the favourites. Odds for Liverpool win is at 2.0, odds of draw is at 1.6 and odds of Manchester win is at 4.0. If I were to bet my money on all three outcomes, I would lose a minimum of 37.5%. 1/2.0 + 1/1.6 + 1/4.0 = 1.375 1.375 - 1.0 = 0.375 = 37.5% No matter how I bet, there would always be a risk for me. However, if Bookmaker A favours Manchester, the odds at Bookmaker A for Liverpool win would be, let's say, 2.5. And, Bookmaker B favours Liverpool, the odds at Bookmaker B for Manchester win would be 2.5. A third bookmaker, Bookmaker C, may give a draw at odds 10.0. In this case, 1/2.5 + 1/2.5 + 1/10.0 = 0.9 0.9 - 1.0 = -0.1 = -10% If I bet in a certain way, I can make a maximum profit of 10%. So, how much to bet on each case? Let's say I want to bet a maximum of $100 on an outcome. Thus, I would bet $100 for Liverpool win, $100 for Manchester win, and $25 for Draw. No matter the outcome, I would take home a profit of $25. If you are interested to know how to calculate it, then read on. Take the lowest odds, which is 2.5 for Liverpool win, and multiply by $100. You will get $250. Take $250 and divide it by the respective odds to get the amount of money to bet. Stake for Manchester win = $250/2.5 = $100 Stake for Draw = $250/10.0 = $25 Thus, we need to find a match where different bookmakers give us different odds such that we will profit when we bet on all the outcomes. Read on to find out how to. ----------------------------------------------------------------------------------------------------------------------------------- We will use all free services available on the internet. First, go to a odds comparison website. Given by this forum, we will use www.odds-comparison.co.uk. Go to football, as we will use this as an example for illustration purposes, and click on a match, as it has three possible outcomes at full time. Look up a column at the far end which gives out percentage numbers. You do not need to know how to derive those numbers, just search for those below 100%. We will then need to know how much to bet on each outcome. Go to www.scalpulator.com or any free scalpulator and type in the odds for the three outcomes. Key in the total amount of money you want to bet on an outcome at the side and tick 'risk'. Press enter, and the stakes will be all out for you, and even the Return on Investment (ROI) are out. It is a simple calculator for you although you can do the tedious work of calculation if you want. ----------------------------------------------------------------------------------------------------------------------------------- Let's start small. Based on www.odds-comparison.co.uk, although you would really need to go to the individual websites to affirm the odds, odds of Wigan Athletic win is 12.0, odds of Chelsea win is 1.42, and odds of Draw is 5.0. Using ww.scalpulator.com, we are going to bet $1000 on Chelsea win, $284 on Draw, and $118 on Wigan win. Total stakes: $1000 + $284 + $118 = $1402 -----------------------------------------------------------------------------------------------------------------------------------

[neomosquito]

Re: Sure-win using sports arbitrage For the Wigan Athletic vs Chelsea match on 22/09/2009, Stan James offer 10.0 for a Wigan win at half-time, Coral offer 2.62 for Draw at half-time, and Canbet offer 1.96 for Chelsea win a half-time. We are going to bet $196 on Wigan win at half-time, $748 on Draw at half-time, and $1000 on Chelsea win at half-time. Total stakes for this match: $196 +$748 + $1000 = $1944 Total stakes till date: $1944 + $1402 = $3346