Why Do Betting Odds Change?

Betting odds are the most important factor in bookies, it is how they make their money. They sometimes will increase their odds to attract more people to a certain bet which in turn gives them more money, especially if this bet does not come in. The objectives for bookies is to draw as much money from people as possible, don’t be fooled by seemingly nice gestures from these companies as realistically they are only after one goal!

Read on below to see why you should always check the odds for all bookies that you go to.

Odds Will Change

This is perhaps the most important thing to remember about betting. Bookies will tend to change their odds depending on the situation, if a factor in a game like an injury or suspension is present before or during a game then odds will always change. When betting on the bookies, be sure that you are confident in your decision and know a lot about what you are betting on. For example, don’t bet on basketball if you have no idea about the teams, if you are knowledgeable about a sport then you will be more successful betting on this as you actually will know what you are doing.

Sometimes It is Too Good to Be True

When using a bookie you will always see certain deals and odds being pushed and promoted, the majority of the time these odds are put there to fill the pockets of the bookies and empty those of the punters. So if you see crazy odds on something, be sure you are aware of all of the conditions within that bet as the majority of the time there will be an extra variable or catch which will give you a lesser chance of winning.

Not All Odds Are Highlighted

It is also important to know that not all odds are promoted, all the odds that you see online are not the only ones. You will tend to find more valuable odds when you look deeper into the bookies, especially online where there are many hidden bets that you can place to make some decent money.

How Bookmakers Make Money

The goal of the bookmakers is to take wagers on both sides or all sides of a bet that guarantee them a profit.  While the bookmakers are in the gambling business, they themselves do not like it when they have to gamble on the outcome.  If Chelse is playing Liverpool, the bookmakers continually adjust odds to reflect betting trends.  If too many punters are betting on Chelsea, they will make Chelsea’s odds worse and Liverpools more attractive.  By continually updating odds, the bookmakers almost always guarantee themselves a profit. 

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The Importance of Watching Arbs Before Jumping In

Learning the process of sure betting (also known as arbitrage betting) is key when wanting to be successful with the bookies. If you lack the knowledge and begin to engage in sure betting, you will run the risk of losing money on your bets. It helps to have a passion for some sports as you will already have some knowledge of these sports and this will allow you to transition into arbitrage betting much easier.

Conduct a Test Run

If interested in arbitrage betting, you should sign up for a free service. Betslayer provides a useful 7 day free trial. You will gain access to some of the sure bets available. Use this free 7 day free trial to conduct test bets. This is where you use the sure bet information from BetSlayer and go to the bookmakers’ website to test arbitrage betting. You should fill out the betslip at all the bookies in the arb. But, don’t actually place the bet. After spending an hour a day over 2-3 days, you will get the hang of which bookies have the most accurate lines or how quickly you could place a sure bet.
If you find out that you are good at arbitrage betting then you should upgrade to a paid version to get access to all of the arbitrage betting opportunities. If you are not so good then it is no risk as you haven’t spent any money and you can spend more time honing your sure betting skills. To find out more about this process check out our blog at BetSlayer on ‘What is Arbitrage Betting?’.

Scope Out the Bookies

When engaging in arbitrage betting it is also important to scope out the best bookies which you can use to make money. Some Bookies are much more lenient than others with constant arbs so you should research which Bookies are right for you. You could perhaps test your limit with certain bookies to see where you can take sure betting to, if they try and cap you or block your account then you should not be using them regularly. Some bookies will also tend to be much more alert than others, this may, however, not be a negative as this shows that this bookie is established and professional so you won’t have to worry about any security problems.

Take Advantage of Sign up Offers

When you are first signing up to a bookies site you will almost always receive a signup offer which could either be increased odds or a bonus on your first deposit. Some bookmakers even will give you a £10 free bet given to you. This way you are not using your own money and so there is much less of a risk. Alongside the increased odds it gives you a great opportunity to partake in arbitrage betting, without having to put as much money in as you would normally. You should try and exploit as many sign up offers as you can. Taking advantage of sign up offers just helps increase your return fromsure betting . Plus, if you make a mistake or two, the sign up bonus provides a nice cushion.

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What is Hedge Betting

Hedge betting is a great betting strategy that enables you to get a profit whatever the end result of the event is. This guide will give you some more information on how to hedge your bets and strategies of hedging that can lock in profit.

What is Hedge Betting

Hedge betting is the betting technique which takes advantage of movement in odds, you place two bets on the same event. Many people that hedge bet use betting exchange markets as they let users lay bets. The term lay bets means that you’re betting on something not to happen in the event. You should back the higher odds and lay for the lower odds, this is where you start to make some profit.

This type of betting acts as a comfort blanket as there is no worry about losing money and your bet not coming in. It also is a betting technique that you can cut your losses. On the odd occasion you may place a bad bet or the odds don’t move the way that suits you. If you’re looking to get into betting, you need to be aware that you are going to lose sometimes, it’s part of the process. Although, you can reduce the loss by placing a lay bet close to the original odds, this will decrease the loss significantly.

So… How to Hedge Your Bets

Hedging is an extremely adaptable betting strategy. There are occasions when you have to hedge your bets quickly and sometimes it may be weeks possibly months before you need to start hedging. This depends on whether you are hedge betting in-play or over a long period of time e.g. World Cup.

The Difference Between Arbitrage Betting & Hedge Betting

The main difference between hedge betting and arbitrage betting is the way that each strategy is used. Arbitrage betting is where you place two alternative bets on different outcomes at the same time.  It is only used when there is a variance between odds being offered by different bookmakers creates a arbs betting opportunity. Whereas Hedge Betting, is where you places further bets on different results following the original bet that is placed. This kind of betting strategy is usually used following a change in odds.

An Example of Hedge Betting

Let’s say for example, you bet £50 on Sweden to win Euro 2020 at 40/1. If they got to the final of the tournament against Portugal you would be on the cupse of winning £2,000. Sweden would still be a massive outsider to win the tournament and Portugal would be expected to win.  If Portugal wins, this would leave you with a £50 loss.

	Stake	Odds	Profit	Losing stake	Net Profit
Sweden Win (original bet)	£50	40/1	£2,000	-£1.150	£850
Portugal Win (Hedge bet)	£1,150	4/5	£920	-£50	£870

Although, you could hedge your bets and back Portugal to win. If Portugal wins the game and the tournament, a £1,150 bet would give you a profit of £920 less your original £50 stake in Sweden leaves you with a net profit of £870 . If Sweden wins, your original £50 bet would give you a profit of £2,000 less your £1,150 Portugal hedge leaves you with a net profit of £850. It’s important to remember to bet on Portugal to lift the trophy and not to win in 90 minutes. A draw would wipe this bet out.

In the above example, you have lots of room to play around with your hedge.  If you want to win more money on Portugal, you can increase your Portugal hedge.  For example, you could bet £1,500 on Portugal to raise the cup which would result in a net profit of £1,150 (£1,200 (Portugal win) – £50 (Sweden stake)).  Or conversely, you could go for a big win for Sweden and do a small hedge on Portugal.  It’s really up to the punter.  But, the key to hedging is locking in a profit.

Overall Hedge Betting is an effective strategy and it has proven that you can win some serious money. One thing to always remember with this betting strategy is weighing up the risk and reward. You don’t want to be overly cautious and and implement hedging that reduces your profit.

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How Does Arbitrage Betting Software Work?

You may have used a few arbitrage betting software services, you may have questioned how these arbs betting software services get the information so fast. In this article, we’ll give you some information about how arbitrage software works.

Most arbs betting services scan information that bookmakers provide that is available for everyone on their website. They analyse the information then get a result from the final study. Therefore, the arbs betting service produces parsers. Parsers collect scripts of code that comprise necessary data and odds and is shown in program code. This code is then transferred into readable text. When the collection of data is completed, the software then compares the lines of different bookmakers data according to a specific formula.

It is important to note that there are some bookmakers on the market that share the program code for parsing. However, this isn’t shared for arbs betting software services, but to advertise their betting services. Arbitrage betting software services don’t miss out on the opportunity to take advantage of this data.

What are Bookmakers Thoughts About Arbs Scanning?

It makes sense that bookmakers do not like arbitrage scanning as it’s information that the arbs betting services are using without the bookies full consent. Furthermore, the bookies wouldn’t sell their information to anyone. Arbitrage betting software services are working for professional gamblers and bookmakers are trying their utmost to find and block parsers on their services. High-quality arbitrage scanners have secondary channels that they scan for the information, however, blockings do still happen on their backup channels.

Common Issues with Arbs Scanning

Data Scanning Can Take Time

Some arbs betting software services take time to restore odds slowly. There are a few reasons why this happens, some bookmakers make it difficult for scanners to gain the information they need. Therefore it takes a bit of time to work out the website structure. Often programmers try to improve the parsers and speed the scanning process up.

Issues with Integration

You may have noticed that some bookmakers name teams differently e.g. Barcelona and Barca. Therefore, the parsers should be aware that they’re in the same club. Arb services may automatically add different names into the arb, giving you the correct data.

Arbitrage betting scanners aren’t as easy as they seem, the production and maintenance of the service take time and financial investment. Here at Bet Slayer, we have a team of professional programmers and administrators ready to give you the best possible arbitrage betting software services. 

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How to do Arbitrage Betting Under the Radar

You may have been using BetSlayer’s arbs betting services for a while now and building a good profit. However, there may be a time where the bookmaker limits you and blocks you from using their services. There are some ways to go under the radar and limit the chances of the bookmakers banning you. Whether you are aware of bookies restrictions or a newcomer to the betting scene. Here are some ways that you can prevent limitations to your account.

Using the arbitrage betting technique there is profit to be made, therefore, the longer you go without being limited, the better.

Rounding your Stake Up or Down

Try not to bet with the exact numbers, this is a key thing to try and reduce the chances of immediate limitations. You should round your bet to the nearest number of five. For example, instead of betting £322 you should bet £320 or £325.

Small Initial Deposit

When signing up with the bookmaker, you shouldn’t deposit a large sum of money. The first sum that you deposit should only last a few days. This is key to trying to reduce attention to your account in the first few days that you sign up for the bookies. Once you have got through the first couple of days without your account being reviewed, you can then deposit more funds into the betting account.

Use Alternative Bookmakers

We recommend using multiple bookmakers when you are arbing, this will give you more arbing opportunities. This can also prove fruitful because you will look like you are unsuccessful because you will be spreading your bets across different bookies.

Deposit and Cash Out Less Regularly

You should try to reduce the amount of times that you cash out from your account, as it costs the bookmakers each time you do this due to bank processing fees. Therefore, bookmakers are less likely to ban your account if don’t cost them lots in terms of bank processing fees. Our advice is for you to reduce the amount of times you deposit and withdraw from your betting account. This will limit the chances of your account being reviewed and banned.

Be Smart with Promotions and Offers

You need to be clever when using the promotional offers that the bookies offer on occasions. It is important that you use them but don’t over use them, the promotions are almost like free money to pad your betting account out. If you don’t use some of these promotions, the bookies could flag you as a professional and could easily ban your account. On the other hand, only using promotions could see your account limited as bookies still want to make money.

Use Arbitrage Friendly Bookies

Betting Exchanges like BetFair never limit your account, whereas, other bookmakers have zero tolerance when it comes to arbers. However, it’s always good to use a mix of hard and soft bookmakers when arbitrage betting.

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What is Arbitrage Betting?

In simple terms arbitrage betting is the betting technique, where you place a wager on all eventual outcomes of an event that leads to a certain profit. The term ‘arbing’ derives from the stock market, traders would purchase an asset in one market while at the same time selling elsewhere from an increased price. Arbs betting is also known as sure betting, miracle betting or sure wins and is fundamentally a risk-free way of making money.

It may seem to good to be true, however, there are more occasions for sure wins than you may believe. The key thing about arbs betting is looking for inconsistencies in the odds given for a certain event. This enables you to wager on a particular result at an enhanced cost with a bookmaker or betting exchange, before betting against the opposite result at a favorable price on a different bookmaker or betting exchange. It’s crucial to understand that matched betting is different to arbs bets. Matched betting is looking at promotions and special offers to make a profit.

What is an Arb?

 An ‘’arb’’ is a phrase that describes an arbitrage bet. When you find favorable odds at two or more bookmakers for opposite sides of a bet, it’s known as an arb. It can be difficult to get your head around and very hard to find these scenarios.  But, arb companies, like BetSlayer, identify the arb opportunities for you.  Identifying these opportunities would take an individual hours upon hours to maybe find one arb opportunity.  But, a company like BetSlayer, has done all the heavy lifting.

Is Arbitrage Betting Legal?

Arbs betting is completely legal; however, the bookies don’t like people doing it. It loses them money and if you’re a consistent winner, it could see your betting account being banned. The online bookmakers industry is in the bookmaker’s industry. Matched betting and arbitrage betting are two of the ways we can turn the odds in our favour. Betting on too many of these arbs betting opportunities could result in the bookmakers closing or limiting your account.

How Much Money Can You Earn from Arbs Betting

If you’re looking for consistent and stable profits, arbing is for you. Although, if you’re looking to get rich quickly, arbitrage betting may not be the betting technique that gets you a quick profit. It isn’t common to find an arb betting opportunity which offers over 10% in profit. The perfect method for arbing is frequently placing smaller bets which gives you small profits (3%-10%). You should aim to set up betting accounts with as many bookmakers as possible, in arbs betting it is important to look at a range of bookmaker’s odds. People with a budget of £500 should make at least a few hundred to a thousand pounds in profit per month.

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What to Look for in an Online Bookmakers for Sure Betting

Many people want to start getting into arbitrage betting but aren’t sure which online bookmakers to start an account with. You must choose wisely on which bookmakers to open a betting account as it’s the first steps to arbs betting success. In this blog post we’ll be going through the factors you should be looking at when deciding which online bookmakers to choose. For effective arbs betting you’ll need to open multiple accounts to make a profit.

Online Bookmaker Criteria

Here are some of the key factors you need to think about when starting sure betting:

• Number of Arbs
• Reliability
• Handling of Arbers
• Verification Procedure
• Withdrawal/ Deposit Process

Number of Arbs

The number of arbs is an important criterion when choosing a bookmaker.   BetSlayer offers a free 7-day trial so you can see which bookmakers have a lot of arbs.  Then, you can determine which bookmakers work well for you.  The 7-day trial allows you to see a lot of arbs and test the accuracy of those arbs without committing any financial resources.  When you identify 5-10 bookmakers who have arbs on BetSlayer’s website, then you can think about making the plunge.

Reliability

The dependability of bookmakers is one of the most important factors when deciding on a bookie to open an account with. Ensuring that your money is safe when putting it into the account. There are bookmakers out there who delay withdrawing your money and look for any small reason, not to pay-out. You should be avoiding this kind of bookmakers; however, the question is, how do you find a reliable one? The first thing you should do is evaluate online bookmakers’ ratings and customer reviews online. This will build a picture of what others think about the bookies and will guide you in the correct direction.

Another source of information you can look at are betting forums and communities online with a variety of opinions on what they think of popular bookmakers. This will help you get information about the reliability and answer some of your questions.

Handling of Arbers

Many bookmakers are struggling with arbing and the methods they’re using are quite complicated. Some bookies are loyal to arbers and some tolerate arbitrage bettors. It’s fair that these bookies often attract professional gamblers who don’t want to have their account limited to a few of bets.  Betting exchanges are generally good for arbitrage betting.  Betting exchanges get paid on whoever wins the bet.  Betting exchanges are matching up two punters for each side of the bet.  So, if you place an arbitrage bet on a betting exchange, you are going against another punter not against the bookmaker.  The betting exchange just takes a small cut of the win.

Verification Procedure

Before setting up your account with the bookies, you should have a read about the verification time and process. The verification process is different between each bookmaker, some bookies may ask for some documentation after the first request for withdrawal of funds. While some ask for verification after you first register.

Withdrawal / Deposit Methods

It’s often difficult to analyse verification processes until you go through it yourself, whereas payment methods are often available to read on the bookmaker’s website. They often have a variety of payment methods you can use including popular methods such as PayPal, Neteller and Skrill.

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What to Look for When Searching for Arb Betting Opportunities?

Arbitrage betting is the betting activity where you place bets on all the possible outcomes of the event at odds that is certain to make you a return. Once you understand the fundamentals of arbitrage betting or sure bets, you may wonder how you source the arbs opportunities and then how you can execute the arbitrage bet. Bookmakers often change the odds for an event multiple times before the actual event without any notice. Their goal is not to offer their customers profitable betting chances, as customers profiting too much can have a damaging impact on their bottom line.

Once you have found the best prices for opposite sides of an event, you should complete a quick calculation to turn the initial decimals into calculated bets. If the results on both sides of the winner exceeds the total amount of money put on the arb bets, then you have an arbs betting opportunity.

Accomplishing an Arbitrage Bet

An arb bet opportunity may not be achievable with site A and site B. It may be site D and E, where the arbs opportunity may be available. Then a couple of minutes later you may see an opportunity between site E and F. There is often no pattern behind the opportunities for you to find out. For example, there is injury news surrounding Roger Federer in the lead up to his match again Stan Wawrinka and his price becomes unpredictable. A bookmaker offers him at 1.5 and his Wawrinka at 2.3, while another bookie has him at 1.20 and his opponent at 3.4 for this Wibledon match. If you’re quick on this arbitrage opportunity you can easily make a profit. If you back Roger Federer at £100 at the odds of 1.5, then you will return £150 on Federer.  Now, you need to work out how much you need to bet on Wawrinka. You can do this by multiplying the initial stake by smaller or bigger odds. Simply put, 100 x 1.5/3.4= £44.12, which leads to a profit of £5.88. This emphasises the arb betting philosophy of small risk-free profits that accumulate to a lot over time.

Arbing is Not Welcome Here

Many bookmakers do not welcome arbitrage betting, but betting exchange websites encourage as many bets as possible.  So, the betting exchanges tend to be arbitrage betting friendly. Traditional bookmakers commonly offer a single price per outcome, while an identical outcome can be available at alternative prices at a betting exchange website. There is also an opportunity to offer your own prices, this can prove risky in volatile markets. Whatever your arbitrage technique, a successful arb is all about the timing. When an opportunity comes about, a pro arber snaps up the opportunity quickly. Timing is important because odds can change at the flick of a switch.

The Importance of Timing in Arbitrage Betting

The key to ensuring you can place the arb bet quickly is making sure that your betting account is well funded. Your betting accounts need to be loaded with your budget so you can place your bet at any time. If you have a budget of £500 and you separate it between five betting accounts, you will be able to place £100 on an outcome at one time.  Since most arbs have two bets to place, then you will be placing £200 at a time.  If you arb is expected to return 5%, then you can expect to win £10 on that particular arb.  If arbing is done right, over time your bankroll will increase and you will be able to place multiple arbs on different events at the same time.

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What is Sure Betting?

As the name suggests, a sure bet is a type of bet that maximises your chance of winning, while reducing the chances of you losing. Sure betting may seem too good to be true, however, we can confirm that sure betting is a real-life betting type. This type of betting is also known as arbitrage betting.  Arbitrage betting allows punters to most likely make a profit, or at least make sure they don’t register a loss. The sure betting market has become popular over the last few years with more people getting into arbitrage betting. Going on statistics, sure bets frequently lead to profits more often than a loss. You may think that the whole idea of sure betting is improbable, however, there is a mathematical sequence behind the sure betting sensation. In this blog post, we’ll be going into more detail about sure bets and how punters make this type of betting work for them.

Types of Sure Bets

Sure betting a bet by Arbers (people who place sure bets) If the conditions of the bet are right, sure bets can be very profitable if they are pulled off. The main idea behind arbitrage betting is the fact that betting companies often differ in their calculation of the odds of certain events.  An arbitrage betting company picks up on these mistakes and shares that information with their followers or subscribers. 

Sure betting is not for the apprehensive, it is a fast-paced process that needs time, research and a whole lot of discipline. The bets are mathematically calculated and can be placed on every possible outcome of the event, this is often placed with numerous bookies and is designed to produce a profit. However, a lot of arbitrage bets usual lead to a low-profit margin (around 3%-10%). The perfect way to find a sure bet is when different bookies offer varied odds for the same event.

One thing that has seen an increase in the number of people that use sure betting is the influx in websites that automatically track odds from the bookies. This has reduced the number of time punters take looking through the latest odds. The most effective arb betting experts use a mix of pre-match bets and live bets to make their profit. Live betting can be difficult as odds can change throughout the event depending on situations that occur. There is also types of arb betting that include splitting bets between bookies.

• 2-way sure bet – this is when punters split their bets between two different bookmakers, this is the uncomplicated way to bet.
• 3-way sure bet – this is a more complex bet, as punters distribute their bet between three bookies. This type of sure bet usually occurs in a football or hockey match where ties are prevalent.

Are There Any Potential Risks in Sure Betting?

There are some things to bear in mind when starting arbitrage betting, it isn’t always smooth sailing as it seems.

• Once some betting activity occurs on the arbitrage bets, the bookmakers can change the odds that eliminate the arbitrage.  Almost double check your sure bets before placing all sides at the various bookies.  
• As bookies often get more traffic coming to the website due to available bets, hackers often get into the website as they know punters will be putting security details like bank card into the website. Ensure that you’re betting with a reputable bookmaker.
• With the fast-paced process of arb betting and the mass of information you’re given, calculations can often be incorrect. This can prove to harm your profit margin.

In Summary, sure bets or sports arbitrage bets are when a punter makes multiple bets on the same event to guarantee a profit no matter the result of the match. Want to get started with arbitrage betting? Start now by signing up to our subscription plan to get all of the latest sure betting tips.

What is Dutching?

Dutching is a betting technique which involves you backing several teams or players, so no matter what selection wins, the betting returns are still the same. This betting method is used to divide the stake over several selections in an event so the same profit is gained irrespective of the selection that wins the event. This is an effective method if there are multiple selections you wish to back and you have a set amount of money you wish to stake. Before the revelation of betting exchange, dutching was used as a way of betting against a specific selection by betting on everything else.

Is Arbitrage Dutching Effective?

When a bookmaker is kind on odds for a certain event compared to other bookies, this is an arbitrage opportunity. In this occurrence, you can bet on all outcomes and it will give you a profit. Below is an example of dutch betting on a golf match play event.

The odds of player 1 winning are 2.15 – therefore, for every £10 we bet, the return is £21.50 if they win.

The odds of player 2 winnings are 2.0 – for every £10 we place on the bet; you would get £20 back if you win.

This results in us breaking even if play 2 wins, however, we win 1.50 profit if player 1 wins.

Pros & Cons of Dutching

Dutching is a great way to bet because it enables you to manage the risk you’re taking. Whatever the outcome of the event, you have a great chance of either winning your money back or making a profit. You can participate in betting without having the underlying fear that you’re about to lose a large sum of money.

Dutch betting can be a complex process. This style of betting requires you to have a good knowledge of numbers, if you aren’t great at mathematics you should be careful when getting into dutching. Services such as cash out options and hedge betting are better options for punters that want to avoid getting into the difficulties of dutching.

To ensure you’re making a profit from dutch betting, you’re likely to find better odds-on betting exchange rather than bookmakers, where the bookies profit margin is integrated into the possible results of the event. On betting exchanges, the bookmakers don’t include any profit margin, as you’re betting against other punters.

The Summary

Dutching isn’t going to make you large profits straight away. You most definitely need patience when taking part in dutch betting as you need to wait for the right bet to come along and accepting small winnings on the way. Although, if you’re patient dutching can deliver a profit for many people.

BetSlayer does not offer dutch betting.  BetSlayer offers sure bets? Sure bets or sports arbitrage bets are when a punter makes multiple bets on the same event to guarantee a profit no matter the result of the match. Want to get started with Arbitrage Betting? Start now by signing up to our subscription plan to get all of the latest sure betting tips.