All posts by Rob Stoubos

Is a 2% Sure Bet Worth It?

Lots of people ask us at BetSlayer why we present sure bets as low as 1%. The identification of a sure bet or arb is pretty cool. I mean it is virtually free money. But, is it worth it to do a 2% sure bet? There are a bunch of factors when considering a 2% sure bet. Read on below to see these factors as we assess whether a 2% sure bet is truly worth it or not.

Does the Match Start Soon?

Does the sure bet match start soon? This is an important question. If the match starts in the next 1-2 hours, then you can have a quick tour around and make a couple of pounds. If the sure bet match starts in 2 days, then it probably doesn’t make sense to your funds that are tied up for 2 days, this leads us onto to the next factor.

Do You Have Excess Funds?

Do you have excess funds at the sure bet bookies?  If you have funds that you don’t mind tying up for 3-5 hours, then it makes sense to place a 2% sure bet. Arb opportunities show up without warning. So, there is always an opportunity cost that a higher returning sure bet could become available. But, if you have excess funds that won’t be tied up for very long, your opportunity cost window is very small and the 2% sure bet makes much more sense.

Betting on a Major Sports League?

Is it a major sporting league?  There is always a risk of being limited or gubbed by the bookies. When placing a sure bet, the bookies are looking for punters who are doing sure bets. But, there is so much action on major sporting leagues that the bookies very rarely identify arb opportunities in a major sporting event. If a 2% sure bet in the Premier League is starting in the next hour. It most likely won’t draw any red flags at your sure bet bookies.

Summary

So, in summary the 2% sure bet can be a really profitable short arbitrage opportunity, so the answer to the original question of ‘Is a 2% Sure Bet Worth It?’ is yes. If you are interested in 2% sure bets then be sure to visit us at BetSlayer, we will have a number of 2% arb opportunities that a savvy sure bettor can take advantage of.

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The Effect of Social Media on Sure Betting

Social media has had a big impact on everything in the technological world. This is the same for sure betting, there are so many more people across various social media platforms that believe that they have the key to arbitrage betting although on a large scale this is not the case. In fact many people will believe anything that they see on social media these days to the point where it can be dangerous to trust any people who are genuinely knowledgeable in sure betting. Seen below are a few of the effects that social media has on sure betting.

Tipsters Are Not Always Right

We have all seen these tipsters on Twitter & Facebook that claim to know the secrets of arbitrage betting. The majority of them are just trying to get you to sign up to their services and through their teams in order to get themselves money. You may be lucky and find a legitimate sure bettor, however even with this it will not be worth the price you are paying compared to the price of professionals like ourselves at BetSlayer.

Find Arb Betting Groups

There are also plenty of arbitrage betting groups on Facebook that are actually great for the community as it can give people a basic understanding of sure betting to then go on to learn a higher knowledge with us at BetSlayer. These groups can also be risky though as you may fall into the same trap as with the tipsters due to some members trying to convince you to join their ‘exclusive’ arbitrage betting group.  The Facebook group Arbitrage Betting Mastermind has a lot of experts and newbies alike that share tips on sure betting.

Inflated Odds

Betting companies can use social media platforms to prey on vulnerable & new sure bettors, they do this by advertising on your Facebook feed with odds like ‘40/1’ or ‘80/1’ on a very easy to achieve outcome. Most people would say this is too good to be true, they say this as it actually is! These huge, inflated odds will actually be paid to you in free bets, meaning you will be left no choice then to keep betting with that company. When browsing social media looking for sure betting topics, do not engage with these inflated odds no matter how enticing they may be.

Helpful Videos on Sure Betting

Social media is not all negative however, you will find some videos and helpful images from accounts that can give you a basic understanding of sure betting, you can find starting tutorials and useful advice from experienced arb bettors who have made a living from it. BetSlayer has a useful YouTube channel to help get you started. However as we have already mentioned, these videos are a first step in the ladder of sure betting before wanting to give it a proper go with our professionals at BetSlayer.

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How Has Modern Technology Changed Arbitrage Betting?

The concept of betting has been around for thousands of years with the Romans betting on which gladiator would come out victorious! In modern times betting is even more popular with arbitrage betting, also known as a sure bet, being a viable option for those looking to make some extra money on the weekends. There are many different ways that modern technology has changed arbitrage betting, read on below to see how this is the case.

Mobile Betting Apps

Mobile betting apps have completely  changed arbitrage betting and betting in general. Being able to make money from your phone in a matter of clicks is an absolute gold mine for frequent arb bettors and it saves them time by not having to travel to bookies. With the ‘Cash Out’ options also being as easy as 2 clicks, it has never been easier for an arb bettor to make money with the invention of sports betting apps due to modern technology advancements.

Decrease in Bookies

Coinciding with the development of mobile betting apps is the decrease in bookies. As more and more of avid arbs bettors are using mobile apps instead of going out to high-street betting shops it is becoming a dying art. Of course you are still going to get the regulars that come into the bookies for their standard weekend bets on the football, however with the advancements of modern technology it is no longer necessary for arb bettors to go to bookies.

Increase in Scammers & Hackers

Modern technology does not just come with the positives, there has also been a huge increase in the mount of scammers & hackers. This is due to people being able to send through fake betting links through texts and emails as a way to try and get your information and access your betting accounts. You may also be sent links or messages that imply practically ‘free money’ on a betting deal, if you were to actually engage in this it will most likely turn out to be a scam. As the saying goes ‘if something seems to good to be true, it probably is’.

Rise in Arbitrage Betting

The process of arbitrage betting in general has risen massively due to modern technology. More people are finding out how to do it and getting their information online, there are videos on platforms like YouTube, Reddit and Facebook that can teach you the basics. You of course you have websites like our own here at BetSlayer, who provide hundreds of potential profitable sure bet opportunities every week.  a company, like BetSlayer, is a great resource  to start your journey into becoming a frequent arbs bettor and earn money on a consistent basis. It is so easy to learn about arbs betting through modern technology which is why there are more people arb betting today than at any time in history.

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What Sports Should You Arb On

There are many different sports now, each containing several leagues and competitions. It is therefore vital that you know which of these sports to place sure bets or sports arbitrage bets on and which to get the most success out of. Of course you can arbitrage on any sport, yet there are indeed some that arbs appear more frequently than others. Seen below are a few sports that you should consider placing arbitrage bets on.

Football

Now we should start off with the obvious choice, football. Football is ubiquitous.  Because there are so many leagues, there tend to be a large number of sports betting arbitrage opportunities.  But, there is a problem with arbing on football.  Some great sure bet opportunities will pop up on very random games.  This is a red flag for the bookies and can get you gubbed or limited very quickly.  For example, if you focus on football arbing and most of your arbs are for the U.K and European leagues, then a sure bet on a third division Japanese football is a red flag. 

Mixed Martial Arts (MMA)

MMA has historically been very arb friendly.   You just need to be consistent on betting on MMA. Slowly build up your arb amounts.  Keep it consistent MMA arbing at a couple of bookies.  Once you establish a pattern, you are more likely to stay under the radar.  Plus, there tends to be a lot of good MMA arbitrage opportunities.  We have noticed a lot of MMA opportunities in both two way odds and over/under rounds.  They tend to be consistent and last a decent amount of time at the bookies.

Tennis

Tennis is another popular choice for betting and therefore a popular choice for arbing.  Just like with MMA keep your bets small and slowly grow.  Try not to place too many sure bets on the smaller tournaments.  Keep your sure bets rounded to the nearest pound.  While the semi-finals or finals in grand slam events tend to be difficult to find sure bets, they will often show up in the early rounds.  Many bookies have different way of measuring their tennis odds.  You can often find good over/under sets arbitrage opportunities.

What to Avoid

You should be very careful with hockey.  Each bookie has their own rules around overtime.  This can affect the outcome of your arb from a win to losing both games.  Some bookies include overtime for total goals and some bookies exclude overtime and only count regular time.  In addition, there are a lot of random leagues in hockey.  Hockey arbs are notorious for being a bookie red flag.  Remember try to stay under the radar.

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5 Common Betting Mistakes You Should Avoid Making

When you are new or unknowledgeable about betting then you may be vulnerable to making easy betting mistakes that will lose you money. Bookies will tend to lick their lips to newbies in the betting scene and will encourage them to keep betting. Ensure that if you are new to betting that you will avoid making these common mistakes that we speak about below.

Bet With Your Head Not Your Heart

Now this can be hard for some people who are getting into betting. Of course you always want to support the team you love and the best support is by putting money on them to win, right? Wrong! The worst trap that you can fall into is doing that exact thing, of course it is great if your team win and you gain money on top of this. The majority of the time however, this will not be the case and if your team loses then you will end up losing twice! The best thing to do in this situation is just to disconnect betting and your favourite team, if you stay away from betting on your team then you will be happier in the long-term.

Stick to a Budget

This point is vital, it is important that you set a budget before you go on a mad betting spree, something as simple as a £25-£50 cap per week can really give you the perspective that you need. The worse case scenario you lose all the money that you have put on, yet if you have a cap this will inhibit you from trying again and again and potentially risking more money, this brings us on to our next betting mistake.

Don’t Chase Your Losses

This is by far the worst betting mistake that a person can do. Chasing your losses will almost always lead to a person losing more money. Even if you are presented with a “special offer” which seems too good to be true, it probably will be and you should just enjoy the sport without betting on it! The main culprit for this is usually ‘Monday Night Football’ as it is on after the weekend when many people may have lost money, the bookies will usually offer many specials for this game and drag as many people in as possible. Do not let this be you.

Don’t Bet on Unfamiliar Sports

The idea of betting on sports you have no idea about is a huge betting mistake that some people may easily fall into if they are not careful. You do not know how the points are allocated, you do not know who the best teams are and you also might not know how long the games go on for!

Only Bet on Teams You Know

This again should go without saying, why should you bet on a team that you have absolutely no idea about? That’s right, you shouldn’t. This will usually be done by checking the odds and putting it on a accumulator, however you may not know the teams’ injury list, management situation or finances all of which could have an impact on the result.

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Image of Saturday

What Are The Best Days For Arbs Betting?

When it comes to arbitrage betting, there are always days that are better than others. Of course you can do arbs betting every day and still make a lot of money, however if you do not have that much spare time then you may need an alternative option. The best thing that we at BetSlayer suggest is to select certain days in the week which are better for arbs betting so that you can optimise the amount of money you are making through the week. Read on below to see which days are best for arbs betting.

Take Advantage of The Weekend

If you are looking for the best time for arbs betting, then the weekend is your best friend! This is because most events such as football and basketball, occur on the weekends. Saturday is statistically the best day for arbitrage betting as around 50% of all betting events take place on a Saturday. So if you only had time for one day of arbs betting then Saturday is the day to pick.

Similar to Saturday, Sunday is also a great day for arbitrage betting. This is again down to the fact that most betting events are on the weekend. In fact 30% of arbitrage betting occurs on a Sunday, making the weekend overall be responsible for 80% of all arbs bets that occur through the week. Our top tip for arbs betting, don’t miss the weekend!

Win From Tuesday to Friday

Now although the majority of arbitrage betting does occur on the weekends, this does not mean you cannot earn money throughout the week. There will still be plenty of sure bets in this time period, yet this will in the hundreds instead of the thousands that it is on the weekends. In fact almost 20% of arbs betting occurs throughout these days, so it certainly is not a time period to dismiss, as there is still money to be made. Even if you cannot do all 4 days, you can just do arbs bets on 1 or 2 of the days and this will still allow you to access 5-10% of the total betting events.

Try to Avoid Monday

Now as you probably have already noticed, the percentage calculations throughout the week has practically added up to 100%. This is because Monday is not the day you really want to focus on when it comes to arbs betting. The reason for the lack of betting events on this day is due to the fact that so much action and betting occurs over the weekend. By the time that they have finished, they take a rest and so do the main betting events like the football on the weekends. The best thing to do on a Monday is just research more into arb betting, or simply just enjoy a break from it!

Conclusion

In Conclusion, since most sporting events are on the weekends, the majority of sure bets come on the weekends.  So, Saturdays and Sundays provide for the most opportunities.  But, don’t forget to frequently review Friday’s arbs. BetSlayer often has a number of arb opportunities on Friday for the weekend games.  Sometimes, catching the arbs a day early can get get really good results.

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How to Avoid Betting Scams From Bookies

As more of us branch out into the digital betting world, it is important to be aware about corrupt bookies sites whose intentions are to allure you into their trap with massively inflated odds and by putting all the hidden catches within the small print of their terms & conditions. There are a few ways to recognise betting scams from bookies however, seen below are some factors that you should consider before clicking any betting links or downloading any fishy betting apps.

Inflated Sign Up Offers

The way that the majority of these bookies draw in customers is through stupidly increased odds. If you are someone that sees this, maybe on a Facebook add, and it says ‘1000/1’ odds on really probable outcomes then this is a red flag. These sign up offers will be posted in bold writing to try and catch the eye of some customers. What the companies do not promote however is that the winnings of the bet are in ‘free bets’ and so this forces the customers hand to keep on betting with them. They could also be hidden fees in withdrawing any funds that you win, ensuring these bookies take quite a large sum of your money.

Only Use Licensed Betting Sites

This one should be a no-brainer, yet some people still are drawn in by huge odds to foreign- looking sites that are intended to steal your money. Before signing up to any bookies site online, you should first check to see if they are licensed and listed on the official UK Gambling Commission website. If they are not then you should immediately back away from them as they are likely to partake in betting scams. You should be able to trust all regulated sites that are listed on that website, however you should still do a bit of research as you can never be too safe online.

Ask Other Users

Now, a lot of bookies sites online that you see are all commissioned and approved to where you can feel safe to open an account with. It is still important that you consult with others online though, if you are signing up for certain bookies that no one else seems to have used, you could be exposed to betting scams. You should ask on betting forums and others online to see if they are familiar with the bookies you are interested in. If they give you negative feedback on it then you should probably stay away as to avoid betting scams.

Check Through The T&C’s

As it has already been referred to, the terms & conditions or T&C’s, can hide many different catches and variables within a bookies and most people will tend to just skip through.  Although the bookies are legally obliged to reveal these details, they either ensure they are in the smallest print possible or deep within the T&C’s where they are aware that hardly anyone will see it. These betting scams are getting smarter each year so again, make sure if you do read through them before putting major money into your account as they could freeze or block your account and steal your money.

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How to Control Your Emotions in Betting

For the average better, emotions can play a big part in their overall betting experience.  Often times, a punter will bet on their favorite football team without really thinking through if it is a good bet or not.  This is called betting with your heart not your head.  Since these bets are not arbitrage betting, they are exposed and will tend to lose money over the long haul. Sports gambling is supposed to be fun and betting within one’s means, If this is not the case however, the person should stop betting or at least take a significant break to avoid developing an unhealthy addiction. Remember betting is fun and great when you are careful and as with anything, enjoy it in healthy amounts.

Enjoy the Wins

There’s not really a better feeling than getting a big win from a small placed bet at the bookies. Be sure to cherish the moment for the night and maybe even buy your friends a pint to celebrate! It is vital that you enjoy the win in the moment as that is the purpose of betting and having your risk pay off is sure to feel amazing. A win on a weekend out can make someone’s whole week and give them a positive lift if they were feeling a bit down, with winning though it is important to not get carried away at the bookies…

Avoid Getting Carried Away

Following on from the previous point, a big win can sometimes be the beginning of an unhealthy addiction. It is important to distance yourself from betting or save and put your winnings away before dabbling in another bet. This is exactly what the bookies want, when someone gets their first win, the bookies want to keep promoting offers and exclusive bets to them as a means to pull them in as at the end of the day they are a business who is trying to make money.

Do not Chase a Loss

Just as winning can feel great, losing can make a person feel frustrated or angry, especially if the bet was close to coming in. The most important thing to do is to take a break and return when you are happy and feeling the fun coming back to you. The worst thing you can do is try and chase your losses. The majority of the time this will lead to you losing larger amounts of money and could even get a person into financial issues if taken too far. At BetSlayer, we encourage those who are sensible to bet responsibly and highly promote our sports arbitrage betting tips as within this process you should consistently win small amounts of money that add up over time.

Set a Budget

This is the most important and easiest method of controlling your emotions. If you are frustrated on a bet loss, yet you have already reached your budget cap for the day/week then instead of placing another bet, you have time to calm down and save your money. We at BetSlayer encourage casual punters to learn about arbitrage betting if they want to make consistent money off betting and also encourage those who are partial to going over a limit to budget themselves. Companies such as Sky Bet have introduced budget cap and cooling down period which is good for those who struggle to accept a losing bet.

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Image of arbitrage betting sign

Why Arbitrage Betting Should be a Secondary Income

Within a stable paid job, you are aware of your salary and so can adjust your budgets and bills accordingly. Within arbitrage betting this is not the case, although the process is virtually risk-free if done correctly, you cannot guarantee the amount of money you are going to earn from it as it will fluctuate depending on the odds at the time. Read on below to find out more on why arbitrage and no-risk betting should be used as a secondary income.

No Determined Income

Although you are guaranteed some level of income from arbitrage betting, the amount can vary between the bare minimum and very good. As a secondary income, this is perfectly fine as on top of your normal salary, you will get a bonus as a sure-bet punter better no matter what. As a primary income however, you are banking on a consistent run of good odds and sports gambling arbitrage opportunities throughout the week in order to make a good enough amount of money to live on.

Betting Sites Can Close Accounts

Even if you are flying with your arbitrage betting, it is important to not get carried away and quit your job to pursue this process. Though many people have made careers off being professional sports arbitrage betters it is not something we at BetSlayer strongly encourage. Without notice, an online bookie can limit or suspend your account This is not ideal if arbitrage betting is your full-time job yet will only be a minor convenience if it is a secondary income to you.

Takes the Fun Out Of Betting

Most of us enjoy a friendly bet on the football or basketball from time to time as a secondary income, a win can even make your weekend and help get even more fun out of watching the sport you love. In order to make sports arbitrage betting a full-time income, you will need to constantly be surveying odds from the early morning till late at night on especially the weekends as this is when most sports arbitrage betters make the most money. Focusing purely on odds will take your mind away from what you are actually betting on and so this leaves you no time to really enjoy your sports betting experience.

More Time Consuming

As mentioned in the point prior, having arbitrage betting as a primary instead of a secondary income means that you have less time to enjoy what you are betting on as you have to primarily focus on the odds. This will also leave you less time in the week to socialise with friends and family as taking 3-4 hours away on the weekend could even be the difference of thousands of pounds on a good day. We advise that when you do take up arbitrage and no-risk betting, that you use it as a secondary income as this will probably be better for your life overall.

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Don’t Bet Pennies With Arbitrage Betting

When it comes to your average bet that you might do on a weekend, you may put 50p on a 14-15 fold accumulator as the odds are extremely high just for a bit of fun and to test your luck. However, this process simply does not work with sports gambling arbitrage and no-risk betting, read on below to find out why you should not bet pennies when arbitrage betting.

Red Flag

To get a perfect sure bet at the bookies, you would need to bet pennies versus rounding to the nearest pound. At the same time, the average punter does not bet pennies at the bookies. The average punter usually rounds to the nearest ten or five. So, if you bet £27.36 on one side of an arbitrage bet that pays out £53.76. This is a red flag to the bookies.  When both sides of the bet results in pennies. Nobody really cares about pennies in their bets. So, a punter who consistently bets pennies draws the bookies attention. The last thing a sports gambling arbitrager wants is attention from the bookies. 

How to Avoid this Red Flag

In order to make an effective amount of profit from arbitrage betting you should probably start with around £100. This is low enough so that the bookies may not notice and is a sufficient sum enough, as it leaves a big opportunity for making hundreds in the near future if the method of arbitrage betting is carried out correctly.

Arbitrage services, like BetSlayer.com, allow you to round your sure bets to the nearest pound or ten pounds. So, you know exactly how much to place at each bookie and you won’t bet any pennies. This will result in slightly different payouts depending on which side of the arbitrage bet that wins. This can actually make it fun and interesting. Now you have a rooting interest.

The Benefit of Rounding

Rounding your bets is an easy way to stay under the bookies radar.  Betting pennies is one of the first red flags.  The good sports gambling arbitrage service, like BetSlayer.com, allow you to set your own rounding rules.  Then, you can just go to the bookies and place your arbitrage bets. But, always check the odds before placing the bets.  We like a sure-bet where one outcome is slightly better than the other. So, when placing whole dollar arbitrage bets, you almost always have a small rooting interest.

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