Arbitrage or Zero Risk Betting
If you gamble because of the thrills you get from placing a bet then this isn't for you because this article is about taking the risk out of betting. Betting should be treated as a business venture as the professionals we tell you. That is why some of the implemented are being uncovered so amateur can also start making money from it. Arbitrage or zero risk bet is what you need if you are tired of losing your money. If you're just starting out then you're in luck coming upon this before you officially start.
So many people lose because of the reason they started betting in the first place. Some are only interested in the thrills gambling offers them while others just want to add a sense of excitement to watching a football match. Others are in it to make money on the side while going about their daily jobs and these are the people this message is for. People who treat betting as a business and want to earn money from it immediately. The fact that it carries zero risks is also very appealing and why many will love it. The only downside to it is that a lot of research is needed to spot match that fit the description of arbitrage bets.
What exactly is arbitrage betting
Arbitrage is defined as "the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the Market prices”.
Basically, it means because of the various differences between the odds offered by bookmakers.punters can take full advantage to make profits when the mistakes are made or there is a wrong calculation. This involves calculating the probability of teams winning with this formula:
(1/ Odds given * 100)
This, when calculated for both team, will give a percentage either greater than or less than 100%. When the percentage is greater than 100% that's where bookmakers make their profits regardless of whether or not either team win a match when we bet on both teams. But when the percentage is less than 100% and we bet on both teams the discrepancy becomes our profit. This is known as the Underround.
For example:
Team A: 2.10
Team B: 2.10
The probability of either team winning is 47.62% (1 / 2.10 * 100). When added gives 95.24%. An Underround of 4.76%.
We now bet on both teams for $47.62 ($100 x 47.62% ) at odds of 2.10. Here’s what happens;
Whichever team wins we will receive $47.62 x 1.10 or $52.38 but lose $47.62 on the other team giving us a profit of $4.76.
So in this scenario we make £4.76 no matter what the outcome may be.
As you have noticed this doesn't put into account the draw out because this bet was implemented mainly for events where there are two outcomes but can be utilised for football matches. There are situations that are calculated where this technique comes in handy.
Long term profits
This is methods provides punters with the chance of never losing a bet again one the right bets are staked on. When the overall outcome in a three-way match is calculated and less than the right percentage this method will slowly but surely enrich a punter.
Teaches one to treat Gambling as a business
The fact that it needs strict diligence to get the right match means it teaches good diligence in punters. The recklessness associated with amateurs are chipped away overtime and one learns to treat it as a business. There are very few margins for errors if any when the right matches are located. This makes it an enticing prospect for professionals who are adept at spotting the matches.
The reason why many avoid it is because It;
Removes the thrill of gambling
Not many enjoy betting on a football match where they are absolutely sure they will win. It removes the thrill of the uncertainty of whether one will win or lose their stake. Some prefer to bet on underdogs knowing full well that the chances slim to none on winning. That's where they get their joy when the team defy the odds and wins. Arbitrage betting takes that away from them and not all can deal with that.
Takes a long time to give good rewards
Taking the example above into consideration, not everyone is into the practice of playing the long game for big rewards. Arbitrage bets provide small rewards at first until one becomes an expert at it and start spotting bigger differences. All punters are different and not everyone can stick with it for the long because the reward comes in bits at first. So it takes a patient punter for this to work and be with the foresight to see the potential.
You can read about other interesting articles to build your sporting and betting knowledge on our blog. You can also get both free and paid prediction tips from the best tipsters here.
