Sports Arbitrage (Homepage)Arbitrage Calculations | |||||||||||||||||||||||||||||||||||||||||||||||

## Arbitrage Betting CalculationsThere are many different ways to calculate profit achieved with arbitrage bets. This page explains In the beginning finding surebets and calculating profit may seem like a lot of work, but after few calculations you will be able to find arbs and estimate their profit just by looking at the odds. Throughout these calculations decimal (European) odds will be used because they don't require a lot of conversion. Don't worry about betting odds since all bookmakers can display decimal, fractional or moneyline odds. ## Finding arbitrage betsWe look for an event with two possible outcomes (e.g. tennis match - either Djokovic wins or Nadal wins), because arbs in events like this are the easiest to find. First, you have to
If you are planning to find surebets yourself, the table below could be helpful. As said before, you have to find two sportsbooks that offer the highest odds on both outcomes. One bookie has to offer the highest odds on Outcome 1 and another bookie on Outcome 2. If you learn the numbers from the table, you will be able to estimate if there is an arbitrage opportunity simply by glancing at the odds at sportsbooks' sites.
## Calculating arbitrage percentageAfter you have found bookies with the highest odds for particular match, you will have to
If the sum of the percentages is less than 100% then you have an arb. For an individual bookmaker, arbitrage percentage is always greater than 100%. The spread above 100% is the bookmakers margin or return rate, the amount the bookie earns on offering bets for an event. That is why bookmakers always want to have balanced book. In the example above 5Dimes bookmaker expects to earn around 5% on bets (73.529%+31.546%=105.075%), while Pinnacle expects to earn around 2% on bets (84.104%+18.182%=102.286%). Usual bookmaker's margin (return rate) is around 5%. In arbitrage betting the idea is to find the odds at different sportsbooks, where the arbitrage percentage is below 100%. This means that the sportsbooks disagree on the chances of the outcome or have accepted too much money on one outcome of the event. This mismatch in odds can then be used to obtain profit. So the second thing you should do is to calculate arbitrage percentage for your chosen event with two possible outcomes. You do this like in the table above (arb percentage must be below 100% so you can make surebet). ## Calculating profitThirdly, you have to
## Calculating individual betsFinally, you have to
So for this example you have to place $801.75 on Djokovic and the remaining $198.25 on Nadal in order to make $90.38 profit of a $1000 investment. If you think this is too much maths, do not worry since all these calculations can be done in few seconds with arbitrage calculator. This page has a purpose to explain you how sports arbitrage works. Every day you can find hundreds of arbitrage bets with profit between 1-5% and a couple of bets with profit above 15%. If you want to achieve maximum profit and avoid any possible mistakes read arbitrage advice. |
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RebelBetting - excellent arbitrage betting software that makes arbing simple even for complete beginners Pinnacle Sports - best odds, highest limits; perfect bookie for arbitrage traders New content! Which currency to use for sports arbitrage? |
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