Category Archives for Betslayer
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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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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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 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 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.
The Benefits of Sports Betting
Sports betting is one of the most fast-growing and exciting ways to enjoy sporting events. Betting on sports events has been happening for hundreds of years, maybe longer in some ancient groups. In recent years, sports betting has seen a massive increase in popularity mainly due to the internet. This is attractive for many as this means that people can bet on the go without having to go into a bookmaker’s shop. The convenience factor should mean that sports betting could see continued growth in the coming years. Sports betting is offered in almost every sport to ever exist including football, boxing & basketball. With sports betting you can go further than just betting on who will win the event, you can bet on what minute the first goal will go in or what round the boxing match will end. Sports betting is being developed continuously, with request a bet seeing a rise in popularity. This where popular bets that the public has asked for are now on the market. In this blog post, we will talk you through the advantages of getting into sports betting.
Increased Entertainment
Many people get into sports betting because of the entertainment factor. Viewing live sports is always exciting, however, if you’re betting on the sporting event as well it can make it more thrilling. If you’re watching games that you aren’t interested in, sports betting is a perfect way to get you absorbed in who wins the game.
Affordable Fun
Some people may call you crazy for putting bets on sporting events, people will say this whether you’re spending £5 or £500. They aren’t giving sports betting the respect it deserves, it brings excitement to many people’s lives. Look from the viewpoint that betting on sports events is like you’re paying for entertainment; it is an affordable form of entertainment. However, there should always be limits to your betting habits. You should only put money on that you can afford on a bet.
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Possibility of Making a Profit
Possibly the best part of about betting on sports events is that you can make money. Irrespective of the size of the bet you have placed, the feeling of winning money off your bet doesn’t only give you a good feeling, it can help pad your wallet out. If you’re great at predicting the outcome of sports events, sports betting could be for you.
Learning New Sports
Watching sports events is always better when you understand the game. It may take a couple of times of watching a sport to understand how it works. This means watching a new sport could prove boring and confusing, however, if you put a bet on the game it forces you to watch the sport and turn boring learning into exciting learning.
Simple to Get Started
Some sports take a while to get into and require expensive equipment to get started. Sports betting is the opposite, simply sign up to a betting app on your phone and start betting. You can simply put a limit of £5 on to get you started. With the growth of online bookies, you can bet on the go without having to go into bookmakers. It is most definitely one of the easiest hobbies to start!
In Conclusion
There are many positives in starting sports betting, however you need to bet the amount you feel comfortable losing. It’s very easy to lose control when betting and can be dangerous for your health and financial wellbeing. Focusing on the positives though, betting on sporting events can be a great way to enjoy sports!
BetSlayer does not offer sports 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.