Sports Arbitrage – 5 Benefits You Must Know

Sports arbitrage is a very fun and unique way to make money with sports bookies. Without the help of the internet, this would never be possible. Here are 5 benefits you must know about.

Benefit #1: No Gambling

This is the part that makes people really confused. Yes, we place bets with bookmakers, however, due to how the calculations are done, there is no need to guess the results of the game. You will still profit no matter what the results turns out to be.

Benefit #2: No Tax

From what I know, in almost all countries there is no tax for when you win money from bookmakers, casinos or lottery. I must say that I am not an attorney and I have no idea if this is 100% true in your particular country or state.

Benefit #3: No Incorporation

When you start any business, you need to incorporate and in some countries or states, it may mean a lot of paper work and a long boring process. For sports arbitrage trading, no incorporation is required, saving you both time and money.

Benefit #4: Flexible Hours

You can do this any time you want as long as you have high speed internet access. Unlike a typical business, you have absolutely no customers which means there is no need to spend your time doing customer support. You also do not need to hire any employees.

Benefit #5: Recession Proof

Arbitrage betting will never be affected by the global economy because no matter how bad the economy is, sports events will still go on. As long as there are sports events, there is money for you to make.

Casino, Sports Betting, and Lottery – A Comparison of the House Edge

The house edge, which is the commission that a gambling agent such as a

casino, a sportsbook (bookmaker), or a lottery administrator charges, is a

yardstick that measures how a specific gambling game is fair and reasonable.

It is one of the most important factors that every player should consider whenever he/she is engaged in any type of gambling, inasmuch as it indicates how much of the money wagered goes to the gambling agent’s pocket and how much is redistributed to the winners. Indeed, a house edge cannot be zero since casinos, sportsbooks, and lottery administrators have to make some money in order to cover their expenses, and to make some profit as well. Yet, a high house edge simply means that the players are unnecessarily being ripped-off, and as a result, any gambling game with a high house edge should certainly be avoided by a

knowledgeable gambler.

In this article, we shall compare, in the simplest way

possible, the house edges of a roulette, an evens-odd betting, and a Cash 3

lottery game as representatives of the three major gambling categories.

The Equation

The easiest way to compute a house edge is to compare the actual winnings that are

paid by the respective agents to the winnings that would be paid in a

fair game or bet. A fair game or a fair bet is one in which no commission

is involved; an obvious model is a game between friends. Therefore, in

percentage form, the house edge is obtained by subtracting an actual game winning

from a fair game winning and dividing the result by the fair game winning,

finally multiplying by 100. Thus,

House Edge = [ (fair game winning – actual game winning) / fair game winning ] *

100

Roulette

Because of its simplicity and popularity, we shall consider the roulette as a

representative casino game. A European roulette wheel has grooves marked by the

numbers 0 to 36; the American wheel (also called Las Vegas wheel) has an

additional groove marked as ’00’. So, the European wheel has a total of 37

numbers, while the American wheel has 38. Internet casinos usually make available

the option to select the type of wheel the customer prefers, but the brick and

mortar casinos normally offer only one type. The winning number in a roulette

game is the number corresponding to the groove where a spinning ball lands.

Now, consider a fair game in which 38 friends are playing the roulette at home,

and each one selects a number and places a $1 bet on the number (no two or more

players wagering on the same number). When the ball is spun and lands in a

groove, the number marking that groove will be the winning number.

The person who has selected this winning number collects all the money on the

table thus making him win $37. On the other hand, if the game were conducted in

a casino, the winner would be paid only $35. The difference between the two

winnings applied in the above equation gives us the house edge of a roulette game

as

( 37 – 35 ) / 37 * 100 = 2 / 37 * 100 = 5.4%

This means that every time you spend a $100 on an offline or online casino roulette, $5.40 goes to the casino and the rest is redistributed to the winners. Evidently, there are quite a number of casino games and the house edge varies

from game to game, many of them having a house edge less than that of the

roulette. For obvious reasons, a good gambler always prefers games that have low house

edges, while the casino itself loves those games with high house edges. For example,

the house edge of craps is 1.4% which makes it one of the most preferred casino

games by the players.

Even-odds Sports Betting

Again, because of its simplicity, we shall consider an even-odds betting as a

representative of this category of gambling. By even-odds we mean that the event

(usually a sports game) has equal chances of going either way. An example is a

tennis match between two competitive players each of which has an equal chance

of winning the match.

A fair bet, in this case, is just a simple bet between two friends who just

pick one of the tennis player as winner. If these two friends wager $1 each, the

winner will collect $2, thus winning $1. If instead the bets are placed

through a sportsbook, the winner will collect only $1.91, since the odds of an

evens game at most bookies and online sportsbooks is 1.91. If you are not familiar with the

decimal representation of odds, 1.91 is the same as 10/11 in UK notation and

-110 in US odds notation. Odds of 10/11 mean that you’ll win $10 when you wager $11; and odds of -110 mean that you have to wager $110 in order

to win $100. Anyway, since the winnings paid by a sportsbook is only $0.91, the house

edge of an even-odds betting
will therefore be

( 1 – 0.91 ) / 1 * 100 = 0.09 * 100 = 9%

So, this is how sportsbooks make a living. Since several internet sportsbooks offer odds higher than 1.91 in order to lure

bettors, the house edge could be smaller than 9%, which is one of the things that the bettor should be looking for when searching for a sportsbook. On the other hand, if the bettor is

wagering on parlays the house edge would be significantly higher than 9%; for

big parlays, it could go as high as 40%.

It should be apparent by now that the gambler is better off with casino games

than sports betting. It should also be noted that while the house edge could

be a major factor to consider while selecting a gambling game, it is by no means

the only one. For instance, one should consider the fact that casino games are

mostly games of chance, while sports betting also involves a learned decision in

selecting a pick, consequently leading to a higher probability of winning a bet.

Cash 3

Depending on the state you are in, this lottery game may be known by a

different name such as Pick 3, Play 3, Daily 3, etc. In this game, the player

selects a three-digit number from 000 to 999, and plays the number as a straight

or as a box. A straight play is a prediction that the number will come exactly

as selected while a box is a prediction for the number to come in any order. For

instance, if a player selects the number 672 and plays it straight, he/she will

win if the number drawn is exactly 672. Instead, if the player plays 672 as a

box, he/she will win as long as the drawn number contains a 6, a 7 and a 2, in

any order (276, for example). Obviously, a straight game pays much more

than a box game for the same amount wagered.

Now consider 1000 friends (maybe in a club) selecting a number as a straight,

each for $1, so that all the 1000 possible numbers are covered. When the winning

number is drawn, the person who has selected that lucky number will be deemed a

winner and will cash in all the $1000 collected, so making him win $999. This is

a fair game. In the case of state lotteries, however, the winner will be paid

only $500 in most states. Some states may pay a little bit less, others may pay

a little bit more, but $500 is more or less the standard. The winner therefore

wins $499. The house edge for a Cash 3 game will therefore be

( 999 – 499 ) / 999 * 100 = 500 / 999 * 100 = 50%

This house edge applies not only to the Cash 3 game but also to all state

lottery games such as Play 4, Cash 5, Mega, Fantasy 5, Lotto, Power Ball, etc.

So, whenever you are playing the state lottery, remember that you are wagering

only half of your money on the actual lottery; the other half, you are

just giving it away. Where this other half goes is not the gambler’s concern,

since his/her main objective is to win some money in order to pay the ever

present bills, or to get out of a miserable life, or to change his/her

20-year-old car. As regards contributing to education and other noble causes,

there are other means of collecting money called taxes and charities.

Unfortunately, many states do not allow casino games, and furthermore,

sports betting is illegal in the United States. The player is therefore left

with no choice but to cross state borders in search of a casino, or more

recently, to engage in online sports betting through the several offshore

internet sportsbooks. Nowadays, there is a plethora of trustworthy online

casinos and sportsbooks operating from Canada, the UK, Antigua, Costa Rica, and

so on.

The Conclusion

As far as the house edge is concerned, it has been shown that casino games

are the best choice for the gambler. On the other end, any state lottery is a

pretty miserable game to play. Nevertheless, besides the house edge, there is

also the possibility of winning to consider.

Casino games, like lotteries are mostly games of chance; the player just

selects a number or numbers and waits to see what luck brings him/her. There is

absolutely no basis to prefer one number to others. Some people try to analyze

previously drawn numbers in order to see the trend and predict the next numbers.

This strategy may work a few times, but not always. Keep in mind that it is the

players, and not the machines, who remember the previous numbers. In short, the

possibility of winning a roulette or the lottery entirely depends on luck.

While there is little or nothing that a roulette or a lotto player can do to

initially select a possible winning number, the situation could be quite

different in the case of betting. With a lot of information and some assistance from

sports handicappers, it is possible to predict the outcome of a sports event

with more certainty than predicting a Cash 3 number.

Bet Football Today – Make a Stable Income Betting on Sports

The NFL season is just around the corner and it is time to bet football today! Betting on football is one of the greatest ways to earn a stable income right in the comfort of your own home.

So what is the best place bet on football?

The best place to bet on football by far is through an online sportsbook. Not only do you get a huge bonus for signing up, you can place bets right in the comfort of your own home anytime you want 24/7. For example, if you deposit 100 bucks for the up-and-coming football season, you get a free 100 dollars just for signing up! Now you have 200 dollars to wager with. If you find a bookie to place your wagers with, there is no way your getting a 100% deposit bonus. Also when you want to cash out, you click one button and the money is in your bank account in 3-4 days. You absolutely can’t beat this and if you have a great NFL football bet system in place there is no way you can’t earn a stable income betting online.

When placing football bet you need to pay attention to the NFL betting lines. They change quite frequently and the best time to get a line is usually on Monday, right after all the NFL Sunday games. Take a look on Monday when you want to bet football today. You can get some great college football lines and NFL lines for cheap. With the use of an online sports book, bet on football game or even bet football internet sport has never been so easy. You can place a bet within 1 minute of the start of the game. The NFL betting lines are constantly changing and looking for the right line to take advantage of is the best thing you could ever do. Betting lines for NFL games is one of the most profitable sports which I profited over 100K last year myself! I made roughly 80k on football, and 20k on all other sports last year.

Football, especially an American football bet is the single most profitable risk you could ever take. There will be many college football preseason polls and or even many people giving their fantasy football predictions out there on the internet. This all helps in deciding your sports pick, but the only true way to go is to get a professional sports handicapper. I found a professional sports handicapper over a year ago and it has led me to quitting my day job, buying a new house, a new car, and living it up like a rock star. You can do this to betting on sports. Using an online sports book you can bet on fantasy football predictions, top fantasy football players, fantasy football strategies, etc…anything you want you can bet on it online! I wish you the best of luck deciding on how you want to bet on sports and where to find your picks! If you as lucky as I was, you can find an amazing sports handicapper for under 50 bucks a month!

Sports Betting Through Expert Soccer Tips

Soccer is one of those games which are played all over the world. It is the most played games all across the globe and is one of those games about which people are real crazy. Especially in Americas, Europe and Africa the soccer craze is at its peak. In Brazil people do not demand three meals but they demand two meals plus one soccer time. Apart from the fact of people enjoy playing soccer or watching soccer on TV or in the stadium, they also like to earn some monetary benefit from the game.

There can be different ways through which one can use soccer or other sports for their benefit but sports betting is one of the most common activities that is also practice at a very large scale. This is because of the fact that betting is a trick and once people get adapted to it then it is easy money. This is the reason that a large number of people all over the world are associated with soccer betting as it is the most played game all across the continents. There are many bookies all over the world that arrange soccer betting and are very good at giving soccer tips for soccer sports betting.

Today the world is very fast and people have very less time for things even what they think are important to them that is the reason that they try to find platforms where they can find their job done in a very cost effective and result oriented manner consuming as minimum time span as possible. There are many online books available today where people can find soccer experts and sports betting experts to get expert soccer tips that will make their betting a success and bring them a lot of money.

Soccer experts and betting experts are also very important in the process of betting as they give quality expert opinion regarding the sport as well as the betting dynamics. A soccer expert is the person who is very well trained as far as the game is concerned. He looks into the dynamics of sports and has a thorough knowledge of the game, players and the teams as well. He predicts about the performance of the players and teams in given conditions and circumstances of the match. The place where the game is being played as well as the rankings of players and teams also helps in predicting results for betting. Along with this a betting expert also gives quality betting and soccer tips as per his vast experience which he has gained from the game.

One should consult these online betting platforms where they can find quality opinion about their betting needs.

Taking A Look At Sports Betting Tips

Cricket betting is very popular all over the world, but the unfortunate thing is that many people don’t know how to bet. Are you new in betting? Here are important tips that you should put into consideration:

How to Be Safe When Betting

While you can make a lot of money through betting, it’s advisable that you be very cautious when betting in order to avoid losing a lot of your money. One of the cautionary measures that you should take is to ensure that you don’t stake more than 5% of your deposited money on a single bet.

Another tip is to ensure that you bet only in the games that you understand. For example, you shouldn’t bet in cricket if you don’t understand the game is played. It’s also unwise to bet if you don’t understand the history of the team that you are putting your money on.

It’s common to lose money in betting; therefore, you shouldn’t bet an amount that you can’t afford to lose. The best way of doing things is by setting a budget and sticking to it. This calls for you to be very disciplined. For example, if you have set aside $20 for betting, you shouldn’t try to spend more than this.

It’s very wise to shop around while betting. This calls for you to research and identify the best bookies that are value to you. For example, if you are betting in cricket you should do your research and identify the best bookmakers in cricket betting.

Never chase loses: it’s common to feel that you need to chase a lose in order to reduce the amount of money that you are going to lose. This is very wrong in betting as you end up spending more money that you had budgeted for. To avoid this mistake you need to understand that sometimes you have to lose in betting and all you need to do is to lose and walk away.

Check the weather conditions: the weather conditions have a great impact in a game. Before you place your bet always ensure that you know how the weather is. For example, you should know whether it’s windy, sunny or rainy.

Conclusion

These are some of the tips that you should put into consideration when betting on sports. As mentioned, always ensure that you don’t bet on an amount that you can’t afford to lose. To increase the chances of winning, ensure that you arm yourself with all the information that you need.

The Key Elements of a Sports Betting Website Explained

Nowadays, it seems old-fashioned to walk into your local bookmakers and place a bet. Technology has provided a whole new platform for the gambling industry in the form of sports betting websites. So what are the main components of these sites and how do they work?

Upon entering the bookmaker’s website you will be greeted with a mass of glossy advertising banners and promotional offers. It’s easy to become lost in the homepage before you’ve even contemplated betting.

The first feature of the website you should divert your attention to is the log-in form, accompanied with an option of signing-up. This feature is commonly found at the top of the webpage. New users can begin their gambling experience by clicking a link that will take them to a registration form. Returning users can simply enter their log-in details and pick up from where they left off.

After logging in, you will gain access to a series of sub-menus offering the various sporting categories available to bet on. These will expand to display the specific areas within certain sports. For example, the ‘Motor Sports’ tab divides into Formula 1, Motorbikes, NASCAR and other motor sports.

In addition to the sub-menus, the centre-piece of most betting websites allows punters to place their money on live, in-play events. This enables the bookies to shorten or lengthen the odds in real time. This provides an element of excitement to your gambling experience; as opposed to the traditional method of placing a bet in the shop and hoping for the best.

The website also replaces the traditional paper-based betting slip. This feature allows users to place bets on current or upcoming events. It displays the stake of your bet as well as the potential winnings, altogether in an easily understandable set-up.

Not only this, but you can check all of your current bets. This is particularly helpful with the in-play markets as you never lose track of your stakes. The slip consolidates all of your bets so you can follow the action from one page.

All of the above elements are relatively easy to interact with. However, should you come unstuck at any time, contact details are available to get in touch and resolve any issues.

Overall, these websites are providing a whole new perspective on sports event betting. With the excitement of in-play markets and the useful online features, you can rest assured that Internet gambling is a safe bet.

Use the Internet For Online Sports Betting and Make Profits While Staying at Your Workstation

There are many types of sports that offer its bettors to invest their monies in betting. Some of the sports are baseball, basketball, soccer (football), college football, golf, etc to mention a few. The bettors are encouraged to place their bets based on various factors, like predicting the winner or various place positions, the points or goals in the game, and even the individual performance of the players involved in the game. Nowadays, with the technological advancements such as internet, you can become a bettor and place your choice of bets online itself. Your profits out of betting are just a few clicks away. Learn more to make use of the technologies available at your service.

  • Internet is an information superhighway, which provides its audience with all the information required. You can find the details of different games, their rules and regulations, various tournaments held and their calendars. You are also provided with the intricate details of the statistics of the several tourneys, teams involved and the key players. This information can guide you in deciding the possible outcomes of each game.
  • The odds are the magical numbers that give you an idea of who are the favorites and the amount of risk. When the odds of a team has 1:20 whereas the other team has 1:10, then the former has lesser chances of winning as you would earn 20 times more if you place your bet on them and if they eventually win.
  • There are many bookies and books (formal organization of many bookies) available on the internet that feed you with an overdose of free offers and many goodies. By choosing the right book, you can avail these ancillary benefits apart from making profits regularly.

Sports Arbitrage Opportunity For Cricket and Golf and Snooker

Sports Arbitrage Opportunities For Cricket

There are plenty of arb opportunities to be found in cricket. As with any other sports, it is important to understand different bookmaker rules. In county cricket this means knowing how bookmakers treat draw matches, by far most will refund stakes in the event of a draw but a few of them do not.

In the national games, again you have to see how bookmakers will treat a tie, most will return stakes but again there are a couple of them that do not. After you check the rules, you will be comfortable placing arbitrage bets & making a consistent income from them.

The key to finding arb opportunities in international cricket is to have a large number of foreign betting accounts. Different bookmakers operate to different profit margins. Foreign ones often take lower margins which create arbitrage opportunities between them and the British bookmakers.

Do keep an eye on the cricket news for events that can change prices, quickly with some bookies and very slowly with others, thus creating a nice pick of arbitrage opportunities.

Sports Arbitrage Opportunities For Golf

Your best place to find golf arb opportunities are in the 2 or 3 ball bets where bookies will pick 2 or 3 golfers, the object of course is to back the best one. You can try looking for arbitrage situations in 2 ball betting but they are less common, always check for 3 balls first.

As with any form of betting always check the bookie rules in case of exceptional events. Make this a rule and you will never go wrong.

Sports Arbitrage Opportunities For Snooker

A difficult sport to predict means that opinions among bookmakers are widely divided and this of course creates a handful of arbitrage opportunities for us.

Some bookmakers will call off bets while others will regard the player that goes on to the next round as the winner. Where the bookmaker rules are different do not place bets, no matter how unlikely a match is to be abandoned we are after profits with minimum risk and should leave nothing to chance.

Arbitrary Sports Betting

A popular area of discussion in the online sports betting world is arbitrary betting. That is, is it possible to manipulate the different markets and bookies in order to guarantee yourself profits regardless of the outcome.

Arbitrary betting occur when you use the different fixed odds markets offered by separate bookies, to place bets on the outcome of events that guarantees you a small profit whatever the outcome. Generally speaking, arbitrary betting is not the easiest thing to master, however any smart online bettor with enough time and dedication on his hands should be able to find the trick to doing this.

In order to successfully arbitrar the markets, you’ll need to find a situation where the laying odds are shorter than the covering odds. For example, laying a horse in a race 3.1, and covering it to win 3.8.

Let’s say that we wager £11 laying the horse (i.e. we are betting that the horse will not win the race, against the market), and £10 on the horse winning. Now, if the horse wins than I’ll make £38 – £34.1 = £3.9 profit. Likewise, if the horse loses then we’ll make £1 profit.

In that example, whatever happens in the race we will make a profit, and guaranteed to win. This procedure is also known as arbitrary betting or “trading”. In order to be successful, you need to be able to find the right sorts of odds in the same markets, specifically the laying odds have to be shorter than the cover odds – this is essential for any arbitrary betting. In addition, not all conventional sportsbooks allow you to lay teams or events, so I recommend choosing a sports betting exchange such as betfair which allows you to do this.

Another factor you have to take into account in arbitrary betting is that it works best in horse races or greyhound betting, where there are limited outcomes i.e. your pick wins or loses. It is not so great in football where the outcome can be either a win, loss or even draw. Put simply, the more outcomes, the less chance of squeezing a margin from the market and guaranteeing a profit.

Betting on Sports – How to Win Up to 97% of All Your Bets on Sport Events

Betting on sports is one of the forms of gambling in which bettors predict about the outcome of their chosen sport event by placing their bets. Previously sports betting always has been done with the local bookies but now the Internet have changed the whole concept of this business. Online betting on sports is available to everyone at his home or any place with Internet facility. The basic tools required to play a good betting game is information on background of teams, sufficient information about particular sport you want to bet on, statistical analysis and tactics to win the bet.

There are hundreds of sports betting sites now available on Internet. These websites have chatting forums for people who want to enhance their betting knowledge. Sports betting systems are also a good source of knowledge about any game. These systems are based on reasonable mathematical information regarding any sport and team players. Besides these system experts are available online to provide the new or junior bettors fruitful information regarding betting on sport. These experts may charge you some fees for their advices. However you should carefully check before paying fees to any exert because there are many fake experts besides real experts to make profit by providing wrong information.

Sports betting online have various advantages mentioned below:

  • You can easily place bet on any betting website instead of visiting the local bookies.
  • You can collect a lot of information about sports and betting process by just few clicks.

Many people rely on sports betting for their livelihood however making sports betting a regular earning source can put you sometimes at risk of poverty because it a game in which you can win money as well as you can lose. People who are experts and skilled in betting on sports usually win more than they lose because of their experience.