In case you are not yet familiar with the sports arbitrage, the first thing we need to point out is that this is not a type of gambling. In gambling, there’s always a chance to lose. That’s not the case with sports arbitrage, which is the only certain way for making money on betting.
How it works is that you find matches in which you will get profit when covering all outcomes. Of course, this happens only when there’s a big difference in odds of different bookies. This doesn’t happen too often, and even when it does the percentage you will win is not huge. Usually, it’s about 1% of the invested money, which is the number one reason why people stay away from arbitrage and decide to try their luck in real betting.
Another reason why people get disappointed with sports arbitrage is that certain bookies limit them very soon. Because sports arbitrage basically means taking the money away from the bookies, most of them are very strict about it. As soon they notice you are making sure bets, they will either suspend your account or set harsh limits on your bets.
If you’ve bought a subscription at some of the programs that browse the odds to find perfect games for sports arbitrage, you have probably noticed that most of the so-called arbs involve a bookie. The winning percentage of those arbs is usually very high, meaning that you could make nice money easily.
But, this sounds too good to be true because it is not true. These bookies have special programs that monitor the bets of all of their users, so if you bet on something suspicious, your bets are bound to get limited. And we’re not talking about limits of a couple hundred of dollars per bet. No, when they limit you, they go all the way, setting the limit on your single bets to $1 maximum.
Unfortunately, it is not only one bookie that doesn’t like arbers. In fact, there is a much bigger percentage of the sportsbooks that prohibit, than those that allow arbing. Still, this doesn’t mean there are none of arbers-friendly bookies out there.
If you are looking to enter the world of sports arbitrage, you need to look for bookmakers that have nothing against arbers! There are some out there, however, often the problem is that they rarely give odds that could be used for sports arbitrage.
Instead, it’s better to focus on bookies that give odds that often show up in Rebel or a similar spots arbitrage software. Of course, those sportsbooks also need to be friendly to arbers, that is, not to suspend them too easily.
If you are going to give arbitrage a shot after all, be very careful and begin betting or trading small. Lessons can come cheap. Keep your capital safe for when you are more experienced. In the mean time sign up at WagerWeb.ag and keep building your bankroll.