Today's guest article is from Betting Insiders contributor Mark Jenkins.
Mark is a full time arber and targets a weekly tax free profit of £1,000 from his arbs.
Here is an excerpt from his article in this months Betting Insiders report…
There are many arbitrage techniques, but generally speaking the more you can break an outcome down the better your chances of finding a money making opportunity.
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One of my personal favourites is using HT/FT odds to cover the draw.
For example one recent match saw the best odds available on the draw as 12/5 (3.40 decimal).
By taking the best available HT/FT odds you could achieve 3.51.
You are only interested in the draw at full time so you need to cover the outcomes as follows.
1) Home team at halftime draw at fulltime.
2) Draw at halftime draw at fulltime.
3) Away team at halftime draw at fulltime.
Then whatever is happening at halftime the draw is covered at fulltime.
The odds were, 18/1 (19.00), 9/2 (5.50) and 19/1 (20.00).
It is easy to calculate, again we need to turn the odds to a % so 100/19 + 100/5.5 +100/20 = 28.44% then divide 100 by the % to get the relevant decimal odds 100/28.44% = 3.516.
Now that might not seem like much of an improvement but in arbitrage terms it makes a 1% trade into a 2.5% one and that is a BIG improvement.
Making money through arbitrage is just one way that I make money, there are the regular bonuses offered by the bookmakers to take advantage of, and the little incentives, such as the 1% cash back currently offered by Skrill (formerly Moneybookers), where just by depositing into a bookmaker 1% is given back by way of points that can be cashed in for actual money, this is another way of profiting from your arbitrage activities, making a 0% arb into a profitable trade if you have to deposit.
One of my arbitrage colleagues actually moves his money around every Monday morning to make profits from this incentive.
You can read more of Mark's strategies for risk free cash, including how he made a risk free 75% on an arb, in this months Betting Insiders report.
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Today's Selection courtesy of Betting Insiders
Redc 1735 Sorcellerie (Gen 11/2)
I may be missing something here, but I you are only interested in the draw why decrease your margin by arbing an uncertain outcome?