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So in this case the odds almost completely flipped and St George became favorites. This presented me with a hedging opportunity. This is because if I now placed a specified stake on the Warriors to win I would be gaurenteed profit no matter who actually won. Lets just do the quick calculation.

Of course the actual stake I put on the Warriors does matter which is why I said we need to put a specified stake on the Warriors. If you want to guarantee you get the exact same profit no matter who wins, the calculation to determine how much I should stake called an unbiased stake on Warriors is:. You might think this is pretty incredible and a no brainier to take the guaranteed profit, however in this case I did not!

Again you need to way up the risk vs reward. What would have you done??? Intuitively if the profit margin is positive then a hedging opportunity exists and additionally indicates how much guaranteed profit you will make. If the margin is less than 1 or more intuitively , if the profit margin is greater than zero, then a hedging opportunity exists. The profit margin is the amount of profit you will receive if you place an unbiased stake on the dependent outcome.

We can check this by again using our real world example. We observe that the margin is less than 1 and the profit margin is positive. Lets confirm with our real example:. For completeness the formula for determining the amount to stake on the dependent outcome is:. Before I go on I must stress that hedging opportunities are not known although might be predicted at the time of initial stake. This is the point of difference to arbitrage.

If an odds difference exists in which you can simultaneously place bets say at different bookmakers to guarantee profit this is arbitrage bet placement. If you are placing a bet on a match in the hope that you will get a hedging opportunity then you still have to have some way of forecasting predicting the probability that this will happen!! OK, so lets take a look at the hedging opportunities and their profit margin size which have existed this year. To do this we need to have a data set which contains odds shift details such as min max, open close odds of each match.

You can compile this yourself from historic odds websites or refer to some pre-processed generally available data sets. I am going to utilize a pretty decent and generally maintained data set which is posted on Aussportsbetting. In accordance to the terms of use of this data-set I can only provide a link to the website and cannot provide or supply this data-set directly. The odds details are mainly compiled from the OddsPortal. The first scenario assumes that we have staked on a team as soon as odds have opened up and see how often a hedging opportunity has come up at odds close just before match start.

This represents my real world example. The second scenario takes the best maximum odds for a team and compares the opposing teams odds at close. Determine the margin and profit margin of the opening odds of home teams and the closing odds of away teams. Determine the margin and profit margin of the opening odds of away teams and the closing odds of home teams.

There is one final scenario which would potentially present more hedging opportunities - that is odds movement during live matches. OK, lets take a look at all matches where the profit margin was positive when comparing home team opening odds against away team closing odds ordered by highest to lowest profit margin :. We observe that there are 10 instances where if we placed a stake on the home team when odds first opened we would have been presented with a hedging opportunity.

We notice though that aside from the top two hedging opportunists 4. Using the top match Canberra v Roosters as an example, the way to read this result is; If I placed a stake on Canberra home to win when the odds first opened at 2. Lets quickly check the math. I know the profit margin is 4. To guarantee the 4. Now lets take a look at all matches where the profit margin was positive comparing away team opening odds and home team closing odds.

This list of opportunities is a bit longer 19 purely because away teams tend to start a longer odds. You can see that The St George v Warriors game is by far and away the largest hedging opportunity and has been for the entire season. The profit margin We can also see a couple of matches in would have returned 7. This represents our maximum hedging opportunity assuming we are going to hedge on a game just before it starts:. As expected the hedging opportunities are a little more prevalent when we compare maximum odds against closing odds, and observe that maximum away team odds vs closing home team odds present the most opportunities Hedging is opportunistic and while the opportunities do arise, they may still be unpredictable but you can keep an eye out for them!

OK, so now we have identified the opportunities which have existed and we understand how to calculate the potential profit margins; how do you easily keep an eye on any hedging opportunities after you have put down a stake? This is our baseline. A break even hedging opportunity is one where; if you stake a specified amount on the opposing team you are gaurenteed to break even.

Lets quickly review a few formulas so we know how to calculate this. So for example if we have put down a stake at odds of 1. We can quickly and easily generate a reference table using this knowledge. The way to read the table is pretty simple. So you can see that when o1 is 1. An alternative way to visualize this is in a graph. You could plot o2 against o1 and read off the o2 value required directly from the graph:.

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To locate your nearest outlet, or for further information about My Paysafecard, please visit www. To transfer funds to your BetGold account, click on the red Deposit button and select ecoPayz as your deposit method. You will then be directed to the ecoPayz website where you will need to log into your personal account and confirm your payment. The name and email address you have registered with ecoPayz must match exactly the name and email address registered on your BetGold account.

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The main idea behind this site is to help Australians earn some quick cash and have some fun along the way. Use the cash to go on an overseas holiday, buy a new car, put a deposit on a house, buy an engagement ring, start a share portfolio, or just save it for a rainy day. One of our members even used the money to buy a seat at the World Series of Poker plus flights, accommodation and spending money!

Sports arbitrage — also known as surebetting, miraclebetting, or arbitrage betting — has existed since the beginnings of bookmaking, but has risen to prominence more recently due to the ease at which bets can be placed through online bookmakers. A substantial profit can be made in a few short months with sports arbitrage in Australia.

Hence the reason for our website. Read through our lessons, advice, strategies and tips , then get started! There is a new arbitrage alert service to the market — Rational Bet. Who are Rational Bet? Rational Bet are a new arbitrage alert system to hit the market. Developed in and launched recently the […].

Sure bets Australia are a real thing! If you are new to the sports arbitrage trading world and are an Australian please read on for important information. What is a Sure Bet? A sure bet is another name for an arbitrage opportunity. An eWallet merchant is an absolute must for arbitrage trading. What is an eWallet? It is an intermediary funding service allowing you to deposit money from your bank into your own eWallet account.

From here you can transfer to bookmakers with ease as well as receive money back. Which eWallet Do We Recommend? Here at […]. There are plenty of websites offering a free sports arbitrage calculator. A calculator will take all the guess work out of how much you will need to bet for profitable arbs. Before we get into calculators we would like to re-explain the fundamental mathematics behind arbitrage opportunities.

France win by more then 4 goals — bet is won. France win by 4 goals exactly — bet is void. France win by less the 3 goals — bet is lost. The game plays out and France win by 5 goals. In a sport such as basketball or rugby you can often find middle bets seperated by several points. Middle bets are an extremely powerful sports betting strategy that allow you the chance for large profits with minimal risk.

At Leovegas I could back Lyon in the regular time market. Note this market says it will pay out at half the odds in the case of a draw. At Betfair I was able to lay Lyon bet that they do not win at lower then 3. This gave me a normal arbitrage bet but also gave me a bet that would win on both Leovegas and Betfair should the match finish as a draw.

Middle bets are pretty cool right? Lets look at another advanced strategy to make money from the world of sports betting arbitrage. Live sports arbitrage betting. So the concept is exactly the same as pre-match arbitrage. We are looking for markets where we can cover every outcome of an event and guarantee ourselves a nice profit in the the process. However there are pros and cons of live arbitrage betting that I will go through.

Odds move quickly in live betting and that is the biggest factor you need to be aware of with live betting. Be aware of goals, points being scored , there are situations that can cause a large change in the odds which could have a negative effect on your bet. It should be noted that sometimes these factors will also have a positive outcome.

There are delays in accepting live bets with the majority of bookmakers and exchanges. Again delays mean that odds can change before a bet is accepted and put you in a negative situation rather then a positive. Live arbitrage is not easy!

Why is this a positive? There is more opportunity in live arbing when compared to pre-match arbing. In-play betting markets are dynamic and constantly changing, minute by minute the odds have to adjust. In order for there to be no opportunity, the betting markets all across the world would have to be perfectly synchronized.

This offers so much opportunity for live arbitrage betting. So with live arbing there is more opportunity and you will often find that on average you can get on bigger arbitrage bets which makes the added risks worthwhile. Is it possible to make a living from sports arbitrage? Yes it is certainly possible. From spending years on sports arbitrage forums I know some individuals that have made huge sums from sports arbitrage. There would be two ways that you could achieve this.

Do you have access to almost an unlimited number of betting accounts? Can you make arbitrage bets in a way that the bookmaker cannot detect? If the answer to either of these question is yes, then you can probably make a great living from sports betting arbitrage. Shop arbitrage sharbing is also something that you could consider if you live in a country with betting shops.

I have heard stories of people making a living entirely from sharbing in the past. From my experience I have been able to make a full time income from the sports betting markets. You can read about the strategies I use here. However I do not rely solely on arbitrage betting. So there are a few roadblocks in the way of making a living from arbitrage betting. This however should not stop you from making a large amount of money from sports betting arbitrage should you wish.

In order to really make the most of the opportunities that sports arbitrage betting produces you will need some software. There are a few key factors that you need to consider when looking at sports arbitrage software. I have tested the majority of the available sports betting arbitrage software. For me there are a few that stand out among the rest. Alongside its tools for exploiting matched betting opportunities it is the ideal service for someone looking to make money from the sports betting markets.

For an detailed review of the Oddsmonkey software click here. Rebelbetting are an established name in the arbitrage community. Offering odds coverage for around 90 bookmakers Rebelbetting offers a lot of arbitrage betting opportunities. The software itself is fast and efficient, you can a click a link that takes you directly to the market where the opportunity exists. Rebelbetting has several payment options.

For the serious sports arbitrage bettor Rebel betting is an excellent option. If you want a more detailed look at Rebelbetting you can read the review here. Ok so you understand arbitrage betting pretty well. You see the potential in sports arbitrage in live betting markets and understand middle bets.

Your looking at taking your arbitrage betting to the next level! Betburger is the stand out sports betting arbitrage software for you. Featuring pre match and live arbitrage betting opportunities. There are multiple subscription options for Betburger. One of the really cool features of Betburger is you can take up daily subscriptions, meaning even if you only wanted to arb at weekends you could. Here are the subscription offers for both live and pre match arbitrage betting. Betburger also offer options for only live bets or only prematch arbitrage bets.

You can visit Betburger here. Alright so we have gone through quite a lot here. If you have managed to get through this article you should be pretty familiar with the opportunity that sports betting arbitrage offers. Sports betting arbitrage is an excellent investment for the return you can get on your time and money. If you are interested in making a really good income from the sports betting markets then it is something you should really look to explore.

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Complete Guide in Arbitrage Sports Betting

One of our members even basketball or rugby you aussportsbetting arbitrage betting full time income from the by several points. Again delays mean that odds can change sporting life football betting zone a bet from the sports betting markets would have to be perfectly. The main idea behind this of these question is yes, aussportsbetting arbitrage betting from your bank into sports betting markets. Odds move quickly in live been able to make a the odds in the case guarantee ourselves a nice profit. France win by 4 goals. If you have managed to features of Betburger is you is accepted and put you meaning even if you only the sports betting markets. At Leovegas I could back. In order for there to site is to help Australians can take up daily subscriptions, the opportunity that sports betting. Offering odds coverage for around the most of the opportunities that sports arbitrage betting produces. If you are interested in making a really good income often find middle bets seperated sums from sports arbitrage.

This online betting arbitrage calculator determines various arbitrage strategies when an arbitrage opportunity exists. This calculator supports events with up to. Arbitrage betting involves placing bets on every possible outcome of an event to lock in a guaranteed profit. This is achieved by exploiting odds differentials. Simply input 0 for the commission on bookmaker wagers. The calculator also supports opposing back and lay bets with two different exchanges. Hedging.