As a bitter experience shows, searching for an efficient betting strategy is no easy task. However, all fears have been in vain with arbitrage betting strategy, which is really effective and brings additional income.
Strategy description
Arbitrage situations are mathematically reckoned situations that enable a bettor get revenue from betting arbs regardless of the outcome of the match.
Such option appears due to odds difference on the opposing results (like TU-TO2.5) between the bookmakers. There are several reasons for that:
- Bookmaker set overrated odds intentionally to bring new customers.
- Bookmaker failed to react to changes in the match.
- Bookmaker was wrong setting the odds.
All arbs are divided into Prematch (event has not started yet) and Live (live event). The basic arb consists of 2 outcomes. However, 3-way arbitrage situations are also common.
Arbitrage betting example
B(X): ТU 2.5 – 1.86, ТO 2.5 – 2.06
B(Y): ТU 2.5 – 2.08 ТO 2.5 – 1.91
Here we may see the bets for total score of two bookies – B(X) and B(Y). TO with B(X) and TU with B(Y) constitute an arb as the odds are over 2.0.
In other words, when bettor simultaneously bet both wagers, €100 (€50 for each outcome), the revenue of minimum €3 ((2.06*50) – 100 = 3) would come along.
The example included a simple evident arb which appears not so often.
Earnings
It’s really difficult to provide a precise number as the earnings depend on the factors like investments and time spent.
It’s essential to understand that spending 20-30 min a day together with €50 wagered won’t bring you any tangible revenue. But if you add a couple of hours of your time and 10 times increase the investments in arbitrage betting, you may get a pretty penny.
The income may be different. However, it’s real to gain 15-20%/month from your investment. Pros take even more.
In search of arbs
Manual search is widespread but most bettors tend to use arb scanners, as the first variant is difficult and time-consuming.
BetBurger is an unconditional leader among such services. This is affirmed by tons of positive reviews. The scanner analyzes bookmaker lines for arbitrage situations with subsequent delivery of the list to the customers.
BetBurger earned the popularity due to tangible benefits:
- data from 100+ bookmakers in 27 sports;
- Prematch and Live events;
- provision of arbs\valuebets\middles;
- extensive basic and additional functionality, convenient interface and unobtrusive design.
Summing up
Arbitrage betting strategy efficiency is already proved by numerous bettors. Nevertheless you should engage into work with the utmost seriousness to get maximum profit.
