A Bet You ALWAYS Win – How Sports Betting Arbitrage Works

Nothing wrong with that, you think? Not if the bet is 100% guaranteed? But what about if thru the vagaries of the internet, you manage to get one side of the bet on at the right odds, but not the other? You are left holding a LARGE position. Also, accounts of this size are viewed with some suspicion by the bookies – they will want to know that you aren’t (for example) money laundering. . No one knew for sure which way it would go. The same thing applies to betting arbitrage, typically on sporting events. That is why you need large accounts.

The advent of online betting sites meant that the punter could suddenly check prices at a multitude of different locations very quickly, and open bets at those that had ‘slipped’ out of line. Are the odds always as good as in the example? No. As you recall, it was close. a US 1.5 – bet $800, return $2,000).

At the same time, your fave US bookie might have given you odds of 6/4 on Bush! That means if you took both bets, you are betting (risking) $1,600, but will win $2,000 WHATEVER the result! Easy money or what? Bank a cool $400 for nothing.

So how does 100% winners, no risk sound? Groovy, huh? But there are, of course, problems. The difference between the odds offered by 2 bookies, and exploited by an arbitrageur, may only amount to a fraction of a percent, meaning that you may have to wager several thousand dollars to win 5 bucks. Sometimes, the differences are deliberate. Generally, you can bet risk free on any sporting event with either 2 or 3 outcomes, such as Football, Baseball, Boxing, Basketball, Tennis, Soccer, Golf, Snooker, Cricket, Hockey, Ice Hockey and Darts.

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How often does this happen? Quite a lot. Whatever happens to price, they make a profit on the difference between the original 2 prices. The main problem is the size of the account you need to make a useful profit. But what you could have done is put on a bet with UK bookie Coral that Kerry would win, and the odds they would give you would have been 6/4 (i.e. For example, in a boxing match, the US champ will, of course be favored by the US bookies, but the UK challenger will be top bet at the UK bookies. Each online betting site has to maintain it’s own ‘book’, and it would be a strange world indeed if they all had the same number of punters, all betting the same way and the same amount, meaning they all had to offer the same odds!

A Bet You ALWAYS Win – How Sports Betting Arbitrage Works

by: Kevin Schultz

Betting arbitrage is a method of creating a bet that has a zero risk – in other words, you always win! The concept of ‘arbitrage’ comes from the financial world, and describes the activities of traders who find two different places offering the same trade, but at different prices. By exploiting the inefficiencies of some brokers, a win can therefore be guaranteed. It works even within the US too – a Varsity football match, for example, may find the out of state team offering you an opportunity to arbitrage within the home team state depending on the demographics of the customers using two US online bookies.

Mr Schultz is a writer for www.supabets.com bet site an archive of free tips and trix for betting fans, where he concentrates on sports betting rules.

This article was posted on February 10, 2005

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Enjoy!

So ok, you know the risks, but how does it actually work? Let’s go back to the US election between Bush and that Herman Munster guy, the Democrat fella with the long face (Kerry? Curry?). They then exploit this difference by selling in one location and buying in the other. Usually the difference will be small. Simply exploit the difference

Three Flucos win Three Straight TJYFL Championships and 22 Games

Quarterback/linebacker Derek Domecq, running back/linebacker Caleb Grimes, and offensive/defensive lineman Camden McDonald who were all part of the 2010 Fluvanna Gold Team that won the TJYFL Governors Championship have now won twenty-two consecutive games along with three regular season and league championships.

Winning together the right way has been a staple of these young men’s lives for the last three years. The trio just learned that their streak will come to an end before the next football season begins. Greg Domecq

“I think that the discipline I have learned through athletics has helped me to be a better person and a better student in school,” said Caleb Grimes. Perhaps former Virginia coach Al Groh said it best when he said, “You don’t build self-esteem through praise. I’ll always remember how hard we worked to be the best team we could be, and we have formed a friendship that I will never forget.”

These three young Flucos have joined forces in other arenas as well. Although no team has been able to defeat these young Flucos, Caleb’s dad Ricky, who coached the the two FCPR championship basketball teams and two of the three TJYFL championship teams, has taken a job in Charlotte, North Carolina.

Dr. Domecq and Grimes played together on two undefeated Fluvanna Parks and Recreation regular season and tournament championship basketball teams in 2008 and 2010. “We have learned a lot from each other, and we have been able to tell our teammates what it takes to win the right way.”

Three 12U players from Fluvanna County have accomplished a feat that no NFL team has done in the history of the Super Bowl. “We all feel very fortunate to have had the opportunity to play together for three years,” said Derek Domecq. “It’s a great feeling to work with your friends to accomplish a goal.”

Three Flucos Earn Perfect Seasons Three Years in a Row. McDonald joined both Domecq and Grimes on a regular season and tournament champion Fluvanna Youth Baseball team in 2009, and Domecq added another regular season baseball championship and a 10U Babe Ruth/Cal Ripken District V baseball championship in 2010.

And that, my friends, is what competitive athletics are all about!

All too often some adults minimize the importance of winning in youth sports. “Even though Caleb will be far away, he’ll always be in our thoughts when we take the field. You build self-esteem through repeated accomplishment over time.”

“I don’t think it is an accident that the three of us have been on teams that have experienced so much success,” said Camden McDonald. “We have learned the value of hard work and what it takes to be successful both on and off the field.”

“Coach Grimes always told us that our team was made up of our brothers, and it was our job to make sure that nothing bad ever happened to our brothers,” reflected DJ Domecq