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Sports Arbitrage Book:ArbitrageBetting Overview
1Of 5Copyright ©www.sportsarbitragebook.com
“Arbitrage BettingOverview…..”
 
Sports Arbitrage Book:ArbitrageBetting Overview
2Of 5Copyright ©www.sportsarbitragebook.com
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All rights reserved. No part of this publication may be reproduced or transmitted in any form or byany means, electronic or mechanical, including photocopy, recording, scanning or by anyinformation storage or retrieval system, without permission in writing from the publisher.The purpose of this publication is to inform, educate and entertain, and it is not intended tosupport, induce, orcondone any activity that might violate the laws of the country that it ispublished or purchased in nor to deprive any individual or company of its lawful income.Neither the author nor publisher nor distributor this report shall have any liability to any person or entity derived from any alleged loss or damage arising from the use or misuse of the informationcontained herein.Whilereliable sources have been sought in compiling this book, neither the author nor publisher nor distributor can accept any liability for the accuracy of its contents or the consequences of anyreliance placed upon it.
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Sports Arbitrage Book:ArbitrageBetting Overview
3Of 5Copyright ©www.sportsarbitragebook.com
Part 1 -Definition
Betting on sporting events is almost as common as going to the gamesthemselves. All across the world, there are many people placing bets on whatthey are being told are ‘sure things’. This however is hardly ever the case.First things first, there are no 100% safe bets. The word arbitrage is oftenassociated with such phrases as ‘sure thing’ or ‘sure bets’ so be warned. Eventhe safest bets come with some risk.Sports arbitrage trading is essentially buying both wins and losses, knowing thatthe profit will come in no matter what. The better makes at least two bets with twodifferent bookmakers a.k.a bookies.For instance, if there are only two different outcomes possible then the first bet ismade with high odds on outcome 1 and the second bet is made with high oddsfor outcome 2. All outcomes are covered by the gambler so no matter whathappens, the gambler both wins and loses if the odds create a more than 100%return on the money put in.Now to get started, it is very obvious that you need a sum of money that you willput down as the bet. There generally is not a minimum bet to be placed, butwhen you decide where to make a bet, make sure to read the fine print.Some bookmakers do requirea minimum bet to be placed. Once you have your wager then you have to find a place to actually make the bet.There are scores of places online to make a sports bet and there are sure to beseveral places around your town where sports betting takes place.Online ismuch easier, but go wherever you are most comfortable.
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