Sports Betting Arbitrage–Guaranteed Money (If You Do It Carefully)
is an unknown technique of betting in sports that make guaranteed profits regardless of the outcome of the event. It basically involves taking advantage of the fact that different bookmakers will set different betting odds based on their opinion of the competitors’ relative chance of winning an event. So, to put it simply, sports arbitrage betting is the situation when the prices of the bookmaker differ enough that he or she allows the sports bettors to back all outcomes of the event and still generate a profit in the end-regardless of the outcome.
Also known as sure bets, sure wins or arbs, the can be applied to almost all sort of sporting events. The technique may work in horse and greyhound racing, football, baseball and golf betting. Also, you can even apply your knowledge on arbitrage betting on some of your non-sports events, such as political elections and even on entertainment awards.
There is some excellent reading on the topic that you should consider if you really want to know how to make this work for you–and it DOES work. The first book, , was written by Rajeev Shah. Rajeev has been a trader for more than 15 years and has covered every conceivable arbitrage bet in his industry, 100 times over. The guy knows what he is talking about. Not only is the book written with the understanding that many people looking for this type of information will be new to the subject, but he covers information that the experienced trader may not have been exposed to before. Best of both worlds.
The next book, , written by George Lynam, is mostly for the beginner. Both books should serve as aids while you are setting up your multiple accounts and getting your arbitrage business off the ground
Generally, thousands of people have already used the method of for one particular purpose, that is, to make a profit. They often employ this somehow unknown betting technique knowing that with it, there is no need for any expert knowledge of sports or sports betting. This simply means that with the use of sports arbitrage betting technique, every bettor has the chance to generate profits every time regardless of the outcome of the event or game you bet on.
But, don’t the bookmakers know about this technique? If they do, how do they feel about it?
Well, one thing is for sure: bookmakers do know about . However, they don’t create this situation with their own prices. As you may know, bookmakers are only interested in making money. Since the money of an arbitrageur, a person who practices arbitrage, is as good as any other punter’s and for the fact that that half of all the bets an arbitrageur makes in every sports arbitrage betting will lose, the bookmaker is still likely to value his or her own business. There are also some instances that some of the bookmakers are opposed to the client making money from dealing with them, without bringing upon certain risks. Because of this, many sports arbitrage betting experts recommend taking significant measures to disguise your own arbitraging and not to make it apparent that you are an arbitrageur. Solution? Multiple accounts with multiple sportsbooks and having at least two locals who do not know each other. I used a few locals who were a long enough distance away and who I arb’d for YEARS and always made a profit. Nice, huh?
There are two factors that contribute to the emergence of the . One is the bookmakers’ differentiation. According to some studies, sports arbitrage betting opportunities do occur for the fact that most bookmakers who do not possess the necessary expertise, knowledge and resources to closely follow the event tend to wait for the leaders to establish the market before adjusting their own betting odds. Also, sports arbitrage betting occurs because in every sports betting, there is always a third group of bookmakers who have their own views. Most of them even try to be attractive in offering above average odds, thus increasing the possibilities for sports arbitrage betting.
The second factor that triggers the occurrence of sports arbitrage betting is the so-called bookmaker hedging. This refers to the situation when the bookmaker seeks a hedge against a potential loss, thus creating an arbitrage.
Today, is gaining popularity. It is now accessible to everyday people because of the advent of the internet. However, there are some barriers that prevent everyone from being successful. After all, sports arbitrage betting is not effort-free. It still takes time, capital, organization and energy for you to make consistent profits.
Super Saver Goes For Second Jewel
Friday, May 14, 2010 By StatFox News Source
When the Kentucky Derby winner gets here for the Preakness Stakes, a groundswell of support often follows him. So it was last year with Mine That Bird, whose longshot win and obscure Western connections combined to make him an instant folk hero. Big Brown came to Pimlico in 2008 off an overpowering victory in the Derby, his Triple Crown quest gaining steam with every sentence uttered by his confident trainer, Rick Dutrow.
Funny Cide was an Everyman story, his owners, mostly high school chums from a small town in upstate New York, arriving in a yellow school bus to cheer on their plucky gelding. Smarty Jones was owned by an ailing car salesman who lived just up I-95 near Philadelphia, and came into the second leg of the Triple Crown having never lost a race.
And then there’s Super Saver.
He has all the requisite attributes of a worthy Derby winner. Super Saver was an accomplished stakes winner at 2, steadily progressed in his 3-year-old preps toward a peak performance in the Derby, gave jockey Calvin Borel his third Derby win in four years, and rewarded both trainer Todd Pletcher and his owners, the WinStar Farm of Bill Casner and Kenny Troutt, with their first Derby victory.
Yet Super Saver seemingly has yet to capture the public’s imagination as post time nears for the 135th Preakness on Saturday at Pimlico. Super Saver is the favorite on the morning lines set by Mike Watchmaker, Daily Racing Form’s national handicapper, and Frank Carulli, the linemaker at Pimlico, yet take a look at the selections of handicappers in this publication, and others, and you’ll see picks that are all over the map, reflecting the perception that even though Super Saver won the Derby by 2 1/2 lengths, he is by no means perceived as a standout in this $1omillion race.
“Everybody’s looking for a story line,” Pletcher said outside the Pimlico stakes barn on Thursday morning. “Calvin won his third Derby, I got my first, and I think that took away somewhat from the attention on Super Saver. Funny Cide was a New York-bred, a Cinderella story. What I think got lost in the shuffle with Super Saver is the focus on some of the bad trips in the Derby. Super Saver got a good trip, but the reason he got a good trip is that he made his own trip with his tractability.”
It’s an argument familiar to those who shake their heads at those people who still think Alydar was better than Affirmed, or Easy Goer better than Sunday Silence. In those cases, as with Super Saver, the ability to work out a perfect trip because of contending early speed put them in a position that horses with less maneuverability could not get. On Saturday, Super Saver again figures to get an ideal trip.
But the 12-horse Preakness field is 40-percent smaller than at the Derby, so more horses should be afforded better trips, most notably Lookin At Lucky, who was severely compromised by drawing the rail in the Derby, in which he finished sixth as the favorite.
“He thought he was in a hockey game,” said Lookin At Lucky’s trainer, Bob Baffert. “He got checked into the boards.”
There also are seven horses in the Preakness who did not run in the Derby. They come into the race fresh, whereas the Derby horses are wheeling back in two weeks following a 20-horse rodeo on a sloppy, sealed racetrack at Churchill Downs.
“Two weeks matters to me,” said trainer D. Wayne Lukas, who sends out Dublin, who was seventh in the Derby, and fresh face Northern Giant. “It matters to every guy in here. We’re all concerned about it, their energy level coming back in two weeks.”
There should be plenty of energy at Pimlico. With local colleges letting out for the year around this time, a trip to the infield is a rite of passage in the area. Last year, prices were raised for admission and, more importantly, liquor restricted, leading to a connect-the-dots crowd in the infield, and an announced ontrack attendance of 77,850, the smallest announced crowd for the Preakness since 1983. This year, in an attempt to woo back that demographic, Pimlico has reduced prices, and offered a policy whereby an additional $20 payment to the infield Mug Club allows a patron a souvenir cup that yields unlimited refills. Cheers!
A local advertising campaign titled “Get Your Preak On” has generated plenty of publicity in the area. There are banners and signs with that slogan all around town. And while the phrase has been controversial to some, there is no doubt this advertising campaign has accomplished what it set out to do, bring attention to the biggest horse race in the state.
Can the Derby winner be a Super Freak? The distance of the Preakness, 1 3/16 miles – 110 yards shorter than the Derby – is obviously right up Super Saver’s alley. On paper, there is less early speed in the Preakness than the Derby. Super Saver has won races either on the lead or stalking, so he affords Borel options.
In the Derby, “he adapted to a fast pace,” Pletcher said.
“Any time Calvin needed to make a move, he was there.”
Lookin At Lucky has a new rider, Martin Garcia, who replaces Garrett Gomez. Look for Lookin At Lucky to be in a better early position. He breaks from post 7 after drawing the rail in the Derby.
In addition to Super Saver, Lookin At Lucky, and Dublin, others exiting the Derby are Paddy O’Prado, who was third, and Jackson Bend, who was 12th.
Nick Zito, Jackson Bend’s trainer, on Thursday morning said he would like to see his small colt “close to the pace” under jockey Mike Smith.
“I’d like to see him close up,” Zito said. “Mike’s got to keep an eye on the race.”
In addition to Northern Giant, there are six other horses in the Preakness – Aikenite, Caracortado, First Dude, Pleasant Prince, Schoolyard Dreams, and Yawanna Twist – who did not run in the Derby.
Caracortado is another who figures to attempt to secure a position stalking the early leaders.
“I’d like to try and put him in the race a little more,” said Mike Machowsky, who trains and is the co-owner of Caracortado.
The Preakness, whose post time is listed at 6:15 p.m. Eastern, is the 12th race on a 13-race card that begins at 10:45 a.m. The race will be seen live on NBC on a show beginning at 4:30 p.m. There is all-day coverage from Pimlico on HRTV.
The forecast for Saturday is terrific, a high temperature of 75 degrees and no chance of rain. The high Friday was forecast to be 87 degrees, but thunderstorms that evening were predicted to break the heat, then move out, leaving ideal weather for Saturday.
Beginner’s Bet Tracking & Statistical Relevance Database Coming Soon
Thank you all for your interest in this product! It is about 70% of the way complete and my list has blown up in the past month as demand for the sheet grows. For those of you who are unaware of what this product is–it is an excel spreadsheet created for those folks who are newer to sports betting and who want to track their long term performance. It is actually quite simple–we create the format and you input your data. It will have (among other things) a list of every game for the three major sports–MLB, NBA, and NFL. You plug in your bet, the dollar amount, and your results. Easy to use and simple enough to learn. If you would like to see more sports included, email us at the email address at the end of this post.
This will require a very basic understanding of excel and/or statistics. If you struggle with excel or don’t know it at all, we recommend two books. The first is the and the second is . Both books are excellent resources and are easy to understand. You certainly don’t need both; one or the other will do.
I would like some additional help and I am asking those of you interested to help in the process of finalizing this product. My only pressing question is this–the name of the database. I need a great one! You can email us your name for the product and we will grant the person who comes up with the best name for the database a free copy for themselves.
Please send any email correspondence to sharpside (at) live (dot) com.
This series has been a joke. The series is also over. There is absolutely NO WAY the Hawks come back to win the series.
That said…..tonight’s game isn’t about the rest of the playoffs for the Atlanta Hawks. This game is about everything outside of the statistics sheets and the flash of playing in the NBA. After all, this team won 53 games in the regular season. All of the talk about the lack of chemistry with this team is a fallacy….you cannot win that many regular season games in this league without chemistry. They might not be a complete package right now, but they have the talent to win tonight’s game.
If they do not win tonight’s game, they (Atlanta) will cover the spread (+6.5). There are no dazzling statistics to inundate you with. There will be no hypotheticals. There is absolutely no pressure on this team to win this game and Orlando (as good as they are) loses a slight bit of focus tonight. Orlando shows that they are human and makes it a game for Atlanta. The Hawk fans have been hard on the team recently, and for good reason. Tonight though, they come with their ‘A’ game and so does the team.
This is the NBA folks. Any team, any day. Take the Hawks +6.5.