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 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 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.
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.
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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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.
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.
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.
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.
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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