Arbing is the process whereby a gambler takes advantage of the variation in odds offered by different bookmakers, in order to make a profit regardless of the outcome of an event. Also known as Arbitrage betting, miraclebets, or surewins, arbing involves simultaneously betting on every outcome of an event, whilst making a calculation that the combined bets will lead to a guaranteed profit. The key to arbing is to find two different bookmakers offering significantly different odds on an event. This could be an event with two possible outcomes (win or lose), such as tennis or basketball, or an event with three possible outcomes (win, lose, or draw), such as football.
There is no question that arbitrage is legal because the arber is simply exploiting price differences in the market, effectively buying and selling (bets) as any trader does. There is nothing illegal about this.
The short answer is “not really”. Running a bookmaker today is very competitive and the books are forced to compete with having the best odds on the market. If they do not compete with the other books around, they will not live very long online. If every other bookmaker has better odds, the customers will switch sooner or later. This is why arbitrage trading will always be around, and there will always be new books entering the market, wanting to compete with the more established books out there. Sure, some books do not like "sharp bettors" (like you), and might limit your account after a time, but there are A LOT of books around, and plenty of arbs on the market. Other books don’t care about arbers, they always accept bets and never limit your account.
Until now, the existing tools have been very difficult to use (and to be honest, often of poor quality). Primarily, they’ve been ill suited to the time-sensitive nature of arbitrage. A sports arbitrage opportunity (or just an “arb”) doesn’t exist for very long, usually between 1-10 minutes. Some arbs are around longer, but that’s more of an exception than a rule. This means that it’s crucial that you get as close to real-time odds as you can from the bookmakers.
Apart from providing the best arbitrage training on the web, we also have one of the most powerful arbing platforms in the world - It identifies the most profitable arbs in real time making it super easy to make big money.
The money you make depends on how many arbs you place a month and the capital you have at stake eg. someone making 20% a return a month on £800 makes £160 net profit. But the next month they have £960 so make £192 net profit. This is compound interest, which was described by Einstein as the 8th wonder of the world.
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