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Finding Quality Batting Cages for Sale
Batting cages are an essential tool for any softball or baseball
organization. They are used both by batting coaches and by
recreational athletes to help improve a batter's speed or to
improve his or her accuracy in hitting a ball. However,...
Ice Hockey Apparel Is the Way To Go In Today's NHL
Ice hockey is your life, just as it is for so many other NHL fans from around the world. You couldn't care less about football, baseball or any other so called sport.
Who is that Michael Jordan guy anyway?
Hockey is what you are, what you live...
Sports Views for November
Sports View By Leigh Douglas Baseball season is finally over. Would anyone really complain if they cut about 12 games off the season (is 150 not enough?). Now at least we wont have to hear about ‘the curse’, now we just have to take care of that...
Top Ten Reasons Why I Love Baseball
Top Ten Reasons Why I Love Baseball 1 The Ultimate Challenge Hitting a round ball with a round bat. The feeling I would get when I hit the ball. Just think of a baby that is crying for food. When that baby gets her bottle the first thing you hear...
Why Hitting a Small Ball Leads to Big Results in Baseball!
Why Hitting A Small Ball Leads to Big Results In all of sports hitting a round ball with a rounded bat is said to be toughest thing to do. It might be true, it might not, but I can tell you that the difference in Major League Baseball between $2...
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A Bet You ALWAYS Win - How Sports Betting Arbitrage Works
Betting arbitrage is a method of creating a bet that has a zero risk - in other words, you always win! The concept of 'arbitrage' comes from the financial world, and describes the activities of traders who find two different places offering the same trade, but at different prices. They then exploit this difference by selling in one location and buying in the other. Whatever happens to price, they make a profit on the difference between the original 2 prices. The same thing applies to betting arbitrage, typically on sporting events.
The advent of online betting sites meant that the punter could suddenly check prices at a multitude of different locations very quickly, and open bets at those that had 'slipped' out of line. By exploiting the inefficiencies of some brokers, a win can therefore be guaranteed. Sometimes, the differences are deliberate. Each online betting site has to maintain it's own 'book', and it would be a strange world indeed if they all had the same number of punters, all betting the same way and the same amount, meaning they all had to offer the same odds!
So how does 100% winners, no risk sound? Groovy, huh? But there are, of course, problems. The main problem is the size of the account you need to make a useful profit. The difference between the odds offered by 2 bookies, and exploited by an arbitrageur, may only amount to a fraction of a percent, meaning that you may have to wager several thousand dollars to win 5 bucks. Nothing wrong with that, you think? Not if the bet is 100% guaranteed? But what about if thru the vagaries of the internet, you manage to get one side of the bet on at the right odds, but not the other? You are left holding a LARGE position. Also, accounts of this size are viewed with some suspicion by the bookies - they will want
to know that you aren't (for example) money laundering.
So ok, you know the risks, but how does it actually work? Let's go back to the US election between Bush and that Herman Munster guy, the Democrat fella with the long face (Kerry? Curry?). As you recall, it was close. No one knew for sure which way it would go. But what you could have done is put on a bet with UK bookie Coral that Kerry would win, and the odds they would give you would have been 6/4 (i.e. a US 1.5 - bet $800, return $2,000).
At the same time, your fave US bookie might have given you odds of 6/4 on Bush! That means if you took both bets, you are betting (risking) $1,600, but will win $2,000 WHATEVER the result! Easy money or what? Bank a cool $400 for nothing.
How often does this happen? Quite a lot. For example, in a boxing match, the US champ will, of course be favored by the US bookies, but the UK challenger will be top bet at the UK bookies. Simply exploit the difference. It works even within the US too - a Varsity football match, for example, may find the out of state team offering you an opportunity to arbitrage within the home team state depending on the demographics of the customers using two US online bookies.
Generally, you can bet risk free on any sporting event with either 2 or 3 outcomes, such as Football, Baseball, Boxing, Basketball, Tennis, Soccer, Golf, Snooker, Cricket, Hockey, Ice Hockey and Darts. Are the odds always as good as in the example? No. Usually the difference will be small. That is why you need large accounts.
Enjoy!
About The Author
Mr Schultz is a writer for www.supabets.com bet site an archive of free tips and trix for betting fans, where he concentrates on sports betting rules.
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