How to makes some quick scratch by easily identifying an arbitrage opportunity.
As many of you know, sports gambling arbitrage can be a risk-free proposition to make a some scratch. Will you be able to stop working and do this for a living? Probably not. But, sure bets are a fun way to beat the bookies at their own game. As a reminder, arbing or sure bets are when the odds for a particular event are different enough at two different bookies that you can place a wager on each side of the bet and make a small profit regardless of the outcome. Two of the better companies at identify arbing opportunities are
In the below post, we walk through how you can identify your own arbs quickly and somewhat under the radar. If you’d rather watch a video on how it’s done check it out below:
Most bookies offer promotions. These promotions vary. They could boost your parlay odds, offer parlay insurance, odds boosts and single game percentage increases. To arb yourself, you will occasionally see single game odds boosts. Draftkings is great at offering these boosts. Lately, with college basketball heating up, we’ve seen a lot of “Clash on the Courts” boosts. These boosts offer 50% increase in odds. For example, on Feb 6, 2024, Ole Miss is playing at U. Of South Carolina (“SC”). The moneyline at Draftkings is
Ole Miss +136
SC -162
So, if you apply the 50% boost token to SC, it changes their moneyline odds from -162 to -112. Since the odds are -160, Draftkings gives you 50% of 100 or 50. So, -162 + 50 = -112.
Draftkings like all bookies will limit the amount you can bet on promotions. This type of bet usually has a $10, $25, $50 or $100 bet limit. $25 is the most common limit. Now, the bet is
$25 on SC at -112 odds. So, 25 makes $22.32
How do we know there is an arb opportunity? Since the boosted odds on SC are -112 and at draftkings the odds for Ole Miss is +136. We can place an immediate bet on Ole Miss and make money.
WARNING! With a boost don’t place an immediate bet on the other side at the same bookie. That’s a BIG NO NO!
So, we go look at other bookies. I checked FanDuel’s odds and a stroke of good luck, the odds for Ole Miss are +142 which is even better than draftkings.
Now, for some trial and error. We need to figure out the amount to bet to make a sure bet. If we place a $25 bet that makes $35.50 on Ole Miss, then if SC wins, we will lose money ($25 loss on Ole Miss less a $22.32 gain on SC equals a $2.68 loss.
If we place a $15 bet that makes $21.30 on Ole Miss, then if Ole Miss wins, we will lose money ($25 loss on SC less $21.30 win on Ole Miss equals a $3.70 loss.
So, somewhere between $15 to $25 on Ole Miss will help us find the sweet spot. In this scenario, if we place a $19.55 bet that makes $27.76. Then, we have a perfect arbitrage position.
If SC wins, we win $22.32 on SC and lose $19.55 on Ole Miss which makes us a net $2.77 profit.
If Ole Miss wins, we win $27.76 on Ole miss and lose $25 on SC which makes us a net $2.76.
While the win amount isn’t huge dollars, sometimes it is good to just take the win. This is especially true on a game that you have no idea of the outcome. So, you might as well make a couple of bucks of the promotion to help fund other bets.
As always, arbing, sure bets and gambling is for fun. Please play responsibly and never chase your bets. As a follow up to this article, BetSlayer is showing how to arb yourself with a “goal in the first ten” or GIFT.
I hope you enjoy these tips on maximizing your return at the bookies. Remember gambling is supposed to be fun. Always play responsibly. Never get in over your head or bet money you aren’t willing to lose.
Let me know if you have any questions in the comments.
Keep coming back to BetSlayer as we will have more videos.
One of the interesting things that experienced bettors will tell you is that predicting the result is only half the battle. Sure, that’s the main goal, making everything else obsolete if you get it wrong, but experienced punters will always want to know that they have obtained the maximum value from their wager. That essentially means the best odds possible. Yes, there are strategies like sure bets, but getting the best odds is always desirable – regardless of how you place your wagers.
The idea of this has been around much longer than online gambling. Of course If you were to be at a race in person at a racecourse, you are going to be looking at the different bookies’ stands for the best price for your selection. If you’ve been to the races before, you’ll know that the difference in the odds can be substantial.
Of course, today, there are other options, including online betting exchanges. Unfortunately, many of us simply take what we are given by the online sportsbook we are signed up for. That’s understandable, as it can be a pain to open up a new account, including the possibility of having to verify your details to satisfy regulatory requirements.
Ante-post odds can vary greatly
Nonetheless, if you have the will, there is always a way to get better odds on your racing selection. This can be in the form of having better odds as standard for a specific race, or that a bookmaker is running a special promotion on that race.
Odds comparison sites are usually a good place to go for step one. Incidentally, the greatest disparity for odds is usually in ante-post markets. To give you an example, when this post was published, we looked at a race far in the future – the 2023 Melbourne Cup – we can find big differences in odds for horses like While Marlin and Loft. The former has odds ranging from 12/1-22/1, whereas the latter has odds of 18/1-33/1, depending on the bookmaker. The point, as such, is that there’s about an 80% markup available if you go with the best-odds bookmaker compared to the worst. It’s unlikely you would see such a disparity on race day, even with the breadth of options available online.
Of course, you can find a fair amount of disparity in the odds closer to the event, although it’s usually not as stark as the example above. The question a punter has to ask is whether it’s worth the effort to switch accounts or sign up to a betting exchange.
Follow the race sponsors
A word on promotions: While you will want your sportsbook to have plenty of betting offers, it’s never going to be quite clear which bookie is doing what for any given race. But we have a bit of a cheat code here to help: we use matched betting to gain an edge. One of the better matched betting sides is Odds Monkey.
In addition, you should also be looking at affiliate sites. By that, we mean websites that curate different betting platforms and betting offers. Often, they will have a list of the best promotions available, including, perhaps, some that are native to that affiliate platform. This can allow you to maximise any possible return on your selection.
Finally, you should always be on the lookout for betting platforms with “best odds guaranteed”. This means that if you take a price, and the horse has a starting price higher than your initial bet, you will be paid using the latter odds. It’s a complete no-brainer, and it’s something offered by several of the world’s biggest betting brands.
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If you’re anything like us over at BetSlayer, you absolutely love the potential of making easy money with a sure bet that guarantees a positive outcome regardless of the result. Knowing that you’re going to win either way is a gratifying feeling and a reason so many covet sure bets so highly, but what is the point of putting a bet on if you’re not going to enjoy the sport itself? Petty much every sport around the world offers sure bets at some level and its important to pick a sport that you actually enjoy when making a bet, as the link between betting and sporting passion is an intrinsic one. So why not choose the universal game football when making your sure bet? Even better, why not bet on the best football league in the world and make some money while enjoying the heart pounding action of the Premier League?
Struggling to Find a Sure Bet?
By their very nature, sure bets are mistakes on the bookie’s part and in order for the bet to actually yield a profit, taking advantage of small miscalculations and oversights is absolutely key. While there are people who have trained themselves to spot the signs of a sure bet opportunity, this may not be so simple for those just starting out (or those who do not have the time to sift through tens of bookie’s sites comparing odds). At BetSlayer we provide a golden opportunity in the form of our arbitrage betting software through which we highlight promising odds for our clients to invest in if they so choose. Through the use of our market leading platform, our clients have been able to pick up sure betting in a safe environment where they are guaranteed positive yields, get in touch with our team at BetSlayer to find out how we can help you.
Premier League Sure Bet
The Premier League is the best football league in the world and therefore not only receives considerable coverage in its country of origin (England), but also across much of the world. Pretty much every country has access to a Premier League broadcast service and with it an accompaniment of betting services of all shapes and sizes. Whereas sure bet opportunities can sometimes fly under the radar in sports with less coverage, due to the size of the Premier League, these opportunities are far less common and even then, tend to be picked up pretty quickly as the general public tries to capitalise on them. Due to this, you may really struggle to find a Premier League sure bet or see potential sure bets quickly recalculated. There is no reason to feel disheartened as this is a very common occurrence and without the support of a keen-eyed sure betting company such as BetSlayer many of these may pass you by.
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When placing a sure bet or arbing, time is of the essence. Imagine you found a juicy 10% arb opportunity on a draw no bet line between Man City and Liverpool. You know there’s a lot of action on this game. So, betting lines can move pretty quickly. Speed is imperative to place your sure bet. A popular contest is easy to find at the bookie. But, what happens if the juicy 10% sure bet is in a little lesser known sport or a sport with a lot of games like ncaa college basketball?
Take ncaa college basketball as an example. On any given Saturday in the winter, there could be a 100 or more teams playing. If a sure bet pops up, speed is still very important to place your sure bet. The faster you can find the match. The quicker you can place your sure bet. But, with so many games finding the match quickly could be a challenge. As an added bonus, ncaa basketball is a popular sport to bet on. So, your arbing on ncaa basketball usually doesn’t lead to a punter getting gubbed.
How to Place a Sure Bet Quickly?
Some arbs at BetSlayer have an add to betslip feature which will take you directly to the match. If that’s not available, a search function at the bookies is a very powerful tool. A search function allows you to find the surebet quickly and efficiently. Many good arbers will copy the team name presented in the sure bet. This allows for a quick paste within the search function at the bookie. The faster you go the better chance for a successful sure bet.
Here’s an example of an ncaa basketball sure bet.
Syracuse U. Win 1.4 at William Hill Lehigh U. Win 5.0 at UniBet
Different Betting Sites
Both UniBet and William Hill (Caesar’s for the U.S. arbers) have good search functions. After seeing this sure bet on BetSlayer, you quickly copy the word Lehigh and go to UniBet. Do a paste and you will be presented with the event. Now, do the same at William Hill. You can still use Lehigh as your search. It will bring you to the right event at William Hill. Now, make sure the odds at the bookies are the same as on the sure bet in BetSlayer and place your bet. As a reminder, BetSlayer shows you how much to place at each bookie based on the overall amount you want to wager.
For the Sure bet above and a £100 wager. You would place.
This sure bet would produce a 10% return if Lehigh wins and 9.2% if Syracuse wins. We always recommend using whole £ when making your sure bet.
There are other ways to placing sure bets quickly, like receiving a WhatsApp notification when new sure bets are identified. See the WhatsApp blog article to learn more or check out the Exclusive plan at BetSlayer.
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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 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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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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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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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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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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