Zero Risk Sports Betting For Profits! Arbitrage Sports Betting

Risk free betting, or arbitrage betting, is the act of placing bets on all possible outcomes of a sporting event so that you lock in a definite profit at the end of that event. This is great for sports fans to make some extra cash on the side with 0% risk.

Risk Free Betting: Real Life Example:

SAT FEB 13TH 2010 NBA ALL STAR DUNK COMPETITON: WINNER

– Shannon Brown » -250 1.40 (BWin) » £781.25 returns £1,093.75

– Any Other » +400 (5.00) (BET365) » £218.75 returns £1,093.75

– Total profit: 9.375% (£93.75)

A correctly staked investment of £1,000 guarantees a return of £1,093.75 no matter which Player wins the competition. That’s £93.75 profit due to discrepancies in the bookmakers’ odds guaranteeing a 9.375% profit on your investment!

The above information tells us that a betting market exists for which player will win the 2010 NBA slam dunk competition. It also tells us that BWin have odds of -250 (1.40) for Shannon brown to win and that Bet365 have odds of +400 5.00 for any other player to win.

By applying a simple mathematical formula to those odds, we are able to calculate that we can cover both possible outcomes of the bet and make a guaranteed 9.375% return on our investment.

We would invest our money in proportion to the odds on each possibility. The amount to invest on each outcome is calculated using another simple formula. £781.25 invested on Shannon Brown returns £1,093.75 and £218.75 invested on “any other player” returns £1,093.75.

£781.25 x 1.40 = £1,093.75

£218.75 x 5.00 = £1,093.75

Risk free profit = £93.75

It is very hard to find games with more then a 2-3% ROI. This was just a great arbitrage that I was lucky to catch in time.

Sports Betting Online

Online casinos are also referred to as internet casinos or virtual casinos and the coming of the internet has given both to these online casinos and therefore gambling is now only a click away. It is commonly believed by many that the odds offered by the online casinos to the consumers are not at par with those offered in the traditional casinos. However, it is necessary to point out that this is erroneous information as most of the online casinos offer almost similar amounts as payback percentages as the traditional casinos. There are a variety of gambling opportunities provided by online casinos and most of the popular traditional casino games like baccarat, roulette, poker etc are available for gambling in online casinos. One of the commonest forms of betting is sports betting. Sports betting is a popular means by means of which individuals place their odds by pre-determining the outcome of a game. This is the most prevalent form of sports betting though there are various other forms of betting in sports carried out. For example in case of a game of football, people can wager on not only the outcome of a game, but also on the number of goals that will be scored, the highest goal scorer etc. It is therefore doubtless that the advent of online casinos has made sports betting even more accessible to every individual across a personal computer and therefore facilitated its growth. It is to be mentioned here that while in the continent of Europe the act of sports betting is not considered to be an illegal or criminal activity, though kept under acute observation, in the United States of America it is considered to be totally illegal except in the Nevada casinos.

Multitudes of sporting events provide impetus to the activity of sports betting and the most common term with reference to online sports betting is definitely the ‘odds comparison sites’. These are specific websites in the internet which provide vital data and information to aid both professional as well as inexperienced gamblers. This information allows them to place their odds in accordance with the data which can usually assure them great monetary returns. It is also interesting to note that with the advent of online gambling different forms of arbitrage betting that were prevalently practiced have lessened considerably. However, the internet has ensured greater reach and therefore it is possible for more people to indulge in betting and while sports history is scandalized by various teams and sportsmen falling victim to the lure of betting, online betting has further facilitated it.