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Updated Jan 19, Python. Updated Apr 8, C. Open Time gap. Currently I am overwhelmed wi Read more. Updated Dec 27, PHP. Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome. For example if we take one of the arbitrage bets above.
There is a 3. In the draw no bet market The New Saints could be backed at 1. With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk. It is a system that once you understand can be used again and again. The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers. Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers.
A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges. Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.
Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable. Image courtesy of Trademate Sports. The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions. Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account. However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.
The popularity of matched betting has exploded in the last few years and with good reason. Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage. I have covered matched betting in a lot more detail in this article below.
Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor. So there you have 3 proven betting systems that are currently working in Which should also prove be profitable in the long term.