cricbaba: Arbitrage Betting Instructions
Arbitrage betting uses the opportunity of proportional betting to place bets on various outcomes of the same event at different bookmakers, ensuring a profit regardless of the outcome of the event.
What is arbitrage betting?
The essence of any risk-based activity is to seek price differences. Cricbaba explained that if you buy small commodities at factory A for 10 euros and then sell them to retailer B for 15 euros, you can make a steady profit of 5 euros.
In investments in the banking industry, a large proportion of profits are generated from this simple principle, but the actual form is much more complicated, with many dazzling commodities and assets.
In contrast, arbitrage betting is closer to the commodity analogy above, and many players have successfully used this method to obtain risk-free profits.
For every bookmaker, margin is their advantage (read this article to understand how to calculate betting profits). By cross-matching Bookmaker A’s Player 2 odds (3.930) with Bookmaker B’s Player 1 odds (1.420), the bettor makes a profit and is guaranteed a profit of 4.1% (100 – 95.9 = 4.1). Importantly, your stake needs to be allocated in proportion to the odds in the diagram, so whether Player 1 or Player 2 wins, the guaranteed profit is €4.30.
This principle applies to any betting market, not just two-selection markets, but also includes handicap betting, and it is also widely used in live sports betting, where arbitrage opportunities always exist and are always available. In a changing market, arbitrage opportunities can always be found through betting to win and betting not to win. You can also use free bonuses to lock in guaranteed profits in arbitrage betting, but there are many restrictions on which conditions apply.