sport betting
By donchard2
@donchard2 (1)
Israel
November 15, 2006 12:13pm CST
Sports arbs
LIMITATION OF LIABILITY
You expressly understand and agree that the Author(s), Contributors or distributors shall not
be liable for any direct, indirect, incidental, special, consequential, or exemplary loss, The
use of this information is at your own sole risk.
You agree that author will not be liable for any money you lose using this system, you agree
to use this system at your own risk, you agree to read complete information provided before
you apply it
This is not investment advice and is for educational purposes only
well lets begin with the system, this system is about sports arbitrage trading, yes, it is
possible, it is true. and it is used by many people successfully around the world, sports
arbitrage trading is not that difficult, one can do sports arbitrage if, one can follow simple
steps.
BASICS
if you have ever done sports betting online, you can skip this part
well, when you bet online
the website accepting your bet is know as the bookie
odds specify returns on a bet
if there is an option of lay or bet, choose bet
an arb is the amount of profit that we earn.
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Why sports arbitrage works
This system works because there is a noticeable difference between odds offered by online
bookies, and we use the difference to get our guaranteed profit,
Why is there a difference ?
odds are affected by a number of factors listed below
# National patriotism ( effects largely )
# Expert opinion
# Amount of total bet ( effects largely )
# Competition
How this works
steps
step 2 ( Understanding odds )
step 3 ( Going online )
step 4 ( Calculating profit )
step 5 ( Finalizing )
Step 1
EDITED OUT
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Step 2
Understanding Odds
odds specify the return on a bet
example 2/1 indicates - that you will win $2 per $1
there are three +1 kind of odds
the uk format
the European format
usa format { the usa format +
the usa format - }
odds details explained below
USA format
+ ve odds
a positive odd indicates net profit
Example :-
+ 500 odd indicate, that you will win $ 500 for every $ 100 you bet
total bet = $ 100
net profit = $ 500
total return = $ 500 + $ 100 = $ 600
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- ve odds
a negative odd indicates total bet
Example :-
- 200 odd indicate, that you will win $ 100 for every $ 200 you bet
total bet = $ 200
net profit = $ 100
total return = $ 200 + $ 100 = $ 300
European or International format
odd indicate total return
Example :-
2.20 odd indicate that you win $ 120 every $ 100 you bet
total bet = $ 100
net profit = $ 120
total return = $ 100 + $ 120 = $ 220
UK format
odds indicate bet and return
Example :-
7/4 odd indicate that you win $ 70 per $ 40 bet , total return being $ 110
total bet = $ 40
net profit = $ 70
total return = $ 70 + $ 40 = $ 110
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Step 3
going online,
make sure you get the concept of odds
now how this works is
we bet on all 3 (or 2) outcomes on a bet, so that we can lock a small profit, without any risk
example
a match between team a and team b
three possible out comes are
1) a wins
2) draw
3) b wins
in arbitrage we bet on all three outcomes in a way - that in any case, we get $100 (or a set)
profit
now go to the website http://www.tip-ex.com here you can find current events and odds
offered by various bookies ( bookies are the various website that take your bets ). here the
odds are expressed in European format
Now note down top odds ( maximum offered ) of various events , from the website
Example :-
website
name
odds
offered
(1)
odds
offered
(2)
*** 220 124
*** 120 340
*** 140 145
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Website name - indicates the name of the website
odds offered (1) is odds for outcome one
odds offered (2) is odds for outcome two
marked in red is the highest offered odds
now just note down these top odds for various, as you practice you won't need to note them
all down, you will be able to tell at sight.
Now,
I prefer http://www.tip-ex.com but you can also use
http://sportsarbsmoney.info/index.php?query=sports+arbitrage+alert
step 4
Calculating your guaranteed profit
this is a very important table this tell you which opportunity will make you how much profit
or you can download the calculator
use this table and note down the percentage according to the odds you got from online just
note them like
odd offered = percentage
*** 180 167
*** 190 187
*** 185 190
*** 167 187
*** 156 145
USA format European format UK format percentage
- 350 1.29 2 / 7 77.78
- 330 1.30 3 / 10 76.70
- 300 1.33 1 / 3 75.00
- 275 1.36 4 / 11 73.33
- 250 1.40 2 / 5 71.43
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- 225 1.44 4 / 9 69.23
- 220 1.45 5 / 11 68.75
- 200 1.50 1 / 2 66.67
- 190 1.53 8 / 15 65.22
- 175 1.57 4 / 7 63.64
- 161 1.65 8 / 13 61.90
- 150 1.67 4 / 6 60.00
- 137 1.73 8 / 11 57.89
- 125 1.80 4 / 5 55.56
- 120 1.83 5 / 6 54.55
- 111 1.90 9 / 10 52.63
- 110 1.91 10 / 11 52.38
+ 100 2.00 evens 50.00
+ 105 2.05 21 / 20 48.78
+ 110 2.10 11 / 10 47.62
+ 111 2.11 10 / 9 47.37
+ 120 2.20 6 / 5 45.45
+ 125 2.25 5 / 4 44.44
+ 130 2.30 13 / 10 43.48
+ 135 2.35 27 / 20 42.55
+ 137 2.37 11 / 8 42.11
+ 140 2.40 7 / 5 41.67
+ 150 2.50 6 / 4 40.00
+ 160 2.60 8 / 5 38.46
+ 162 2.62 13 / 8 38.10
+ 170 2.70 17 / 10 37.04
+ 175 2.75 7 / 4 36.36
+ 180 2.80 9 / 5 35.71
+ 187 2.87 15 / 8 34.78
+ 190 2.90 19 / 10 34.48
+ 200 3.00 2 / 1 33.33
+ 210 3.10 21 / 10 32.26
+ 220 3.20 11 / 5 31.25
+ 225 3.25 9 / 4 30.77
+ 230 3.30 23 / 10 30.30
+ 240 3.40 12 / 5 29.41
+ 250 3.50 5 / 2 28.57
+ 260 3.60 13 / 5 27.78
+ 270 3.70 27 / 10 27.03
+ 275 3.75 11 / 4 26.67
+ 280 3.80 14 / 5 26.32
+ 300 4.00 3 / 1 25.00
+ 333 4.33 100 / 30 23.08
+ 350 4.50 7 / 2 22.22
+ 400 5.00 4 / 1 20.00
+ 450 5.50 9 / 2 18.18
+ 500 6.00 5 / 1 16.67
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now you will have some two or three percentage
example (A) 40 % and (B) 45 % , now just add these
equals to 40 + 45 = 85
now subtract it from 100
100 - 85 = 15 % that's your profit
this percentage may range from 15 to 5 , there are many events daily , pick the one which
pays you the best , i.e. the one with the maximum difference
step 5
you have picked top odds and calculated the percentage , now just put in the money in the
bookie's website who give you this odd
+ 550 6.50 11 / 2 15.38
+ 600 7.00 6 / 1 14.29
+ 650 7.50 13 / 2 13.33
+ 700 8.00 7 / 1 12.50
+ 750 8.50 15 / 2 11.76
+ 800 9.00 8 / 1 11.11
+ 850 9.50 17 / 2 10.53
+ 900 10.00 9 / 1 10.00
+ 1000 11.00 10 / 1 9.09
+ 1100 12.00 11 / 1 8.33
+ 1200 13.00 12 / 1 7.69
+ 1400 15.00 14 / 1 6.67
+ 1600 17.00 16 / 1 5.88
+ 1800 19.00 18 / 10 5.26
+ 2000 21.00 20 / 1 4.76
+ 2500 26.00 25 / 1 3.85
+ 3300 34.00 33 / 1 2.94
+ 4000 41.00 40 / 1 2.44
+ 5000 51.00 50 / 1 1.96
+ 6600 67.00 66 / 1 1.49
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example
we choose 220 from website 1 and 340 from website 2 , now just bet the money
you will understand this better from the next example
EXAMPLES
all you have learned before will be clear with the help of this example
tennis tournament chosen
odds
USA player wins = +125
GERMAN player wins = +150
convert the odds to percentage
+ 125 = 44.44 %
+150 = 40.00 %
total = 84.44 %
that means for every $ 84.44 you invest you will get $ 100 back with more than 15 % profit
the system says you should
bet $ 44.44 on us player
bet $ 40.00 on German player
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proof of work
if USA player wins you get $ 44.44 X 2.25 = $ 99.99
if GERMAN player wins you get $ 40.00 X 2.5 = $ 100
so total investment is $ 84.44 and total return is $ 100 ( with profit )
TIPS
# try to use this system at the last moment when the match is about to start , that way you
can reduce any loss due to movement of odds
what are odd movement?
some times online bookies change odds offered according to bet amount received,
although if odd move
against you
withdraw your money immediately
in your favor
scream hurray as you will get more profit than you calculated
# don't invest your life savings on this
# use this system at your own risk , you can lose you money
# best of luck.
# make sure you understand the complete system, before you use it.
4 responses
@nikecold (91)
• India
17 Jun 08
Hey Man,
Good to see this, i am one of the learner on the Internet to earn money and that too good money. You have pasted a good thing but to some extent i did understand it but unfortunately not completely. I believe you can help me to completely understand this process. So i request you to provide me the better explanation about this process, the same will be appreciated.
Allah Hafiz
@taires (2)
• Romania
1 Aug 07
wow dude that's a lot of numbers, spot arbitrage is really becoming a phenomenon these days, i see a lot of bettor experimenting with it.
@yeenee (133)
• Malaysia
16 May 07
wow, this is really a very long and specific explanation. I hope to learn more but it seems very complicated to understand. How about your bet recently?
@georgesmith (2)
• India
16 May 07
Hello Donchard,
I'm a new member to this site. I think you have good experience with sports arbitrages.
Ever heard of sports arbitrage software?
Now-a-days, there are 2 or 3 such software in the market.
We have created that kind of software that will calculate arbitrages automatically and displays on a window on your computer.
Unfortunately, due to financial problems, we are selling off the concept as well as the website with domain name also.
Please contact me at george_smith4@yahoo.com for further details.
Thank you
George