Free Arbitrage Betting

Arbitrage Betting for Newcomers and Veteran Gamblers

If you enjoy gambling online, or just think you would, you’ve probably come across the phrase “arbitrage bets,” or “free sure bets.” “Arbitrage bets” is a phrase coined from a term used on Wall Street, “arbitrage gaps“, which refer to the differences in what a given stock will trade for in the U.S. versus overseas. “Sure bets” come from the fact that, if you use them to your advantage, these little “gaps” can earn you guaranteed money absolutely every time you bet on an event.

So, assuming you want to find a way to use free sure bets to your advantage, how do you go about making it happen? There has to be some kind of trick to find sure bets, or else everybody would be doing it, right? Well, yes and no. Arbitrage betting doesn’t really use any fancy tricks or difficult mathematics, but it does require some legwork (or mousework, if you’re doing it online) and a bit of research. The only trouble with arbitrage betting is that it requires betting on every outcome of an event. Since bookmakers and gambling companies are businesses, they’re trying to turn a profit. None of them are going to let you place bets on every possible outcome of a game if it means they’re guaranteed to lose money to you! Just imagine what would happen to a site that lets everyone bet on every outcome- they wouldn’t be around very long. Therefore, to make sure bets work for you, you will have to use several different betting venues, whether bookmakers or websites.

If you want to find sure bets on the internet, this means going to different websites. A few websites offer a means of arbitrage betting, but the more bets you place on more websites, the better your odds of generating a higher profit with your bets. Like any other business, gambling websites have to compete with each other. The main means of competition between them is by trying to offer better odds than all of the other guys. It can be hard for someone who isn‘t a seasoned gambling veteran to know which websites offer the best payouts, but, at the same time, the large number of gambling venues online is the only thing that makes it possible for you to find sure bets.

To show you a simple example of how the math actually works, pretend we have two football teams. Team A is playing a match against Team B tomorrow, so there must be three possible outcomes to this event. Either team A or team B will win, or there will be a draw. Following this, if one website says the odds of team A winning are 2.3, you can bet $500 and make $1,150. Now, say a second site says that the odds of there being a draw are 3.7. You then only need to bet $311 to make that same $1,150. If a third site then says the odds of team B winning are 4.2, you can make back that $1,150 by betting only $274 on that outcome. In the end, you have bet a grand total of $1,085. Now, absolutely no matter what happens, whether either team wins, or there is a draw, you will win $1,150. Subtracting your original investment, you will have made a profit of $65 in the time it took to watch a football match. What other kind of opportunity can get you that kind of return on your investment?

In our example, the odds were listed using the European style, using a decimal point. So, following that style, if you have odds of 2.1, every winning $100 bet will net you a total payout of $210, for a profit of $110. However, depending on their country of origin, different websites offering free sure bets can present their odds in any number of styles. There is also the English style, which is represented as a fraction and looks something like 11/10. This means that every winning $100 bet will get you $110 of profit, for the same total of $210 as the 2.1 European site. Finally, some websites use the American style. This generally looks something like +110 and means that for every winning $100 bet, you will get $110 of profit, which, again, adds up to $210 total.

So, to reiterate, the basics of free sure bets are simply to find at least three websites or bookmakers offering the best odds on an event, calculate what you need to bet on each outcome at each probability to net the same potential winnings and wait. Because these are free sure bets, you’re fully guaranteed to make your money back (and then some) absolutely no matter what happens! Of course, simply offering good odds isn’t enough to make a good gambling website, however. Especially for novices to free sure bets, or internet gambling in general, there are some other criteria to consider before you start using a site to find sure bets. Since it is inadvisable to bet large sums of money when you are just learning about free sure bets (even if you are guaranteed to win it all back), make sure there is a low or no lower limit to how much you can bet on an event. Similarly, since you want to be able to bet large sums of money once you get the hang of free sure bets, make sure that there is a high or no upper limit to what you can bet. While it isn’t recommended to bet more than $100 on your first few free sure bets, you will most likely want the freedom to place larger bets in the future. Since arbitrage betting works on a sort of sliding scale, larger bets equal higher profits!

Whether you are a newbie or a veteran, learning the way to find sure bets is a great way to have fun with your gambling hobby without breaking the bank. No matter where you go or what you invest in, you won’t be able to make the kind of percentages that you can with free sure bets. After practicing with a few dollars here and there, you’ll see exactly how exciting (and fail-safe!) the world of sports arbitrage betting can be.