A Sure Win Strategy For Football Betting

A Sure Win Strategy For Football Betting
Copyright 2009 Stanley Ong & Chris Kwek. All Rights Reserved.
101footballblueprint.com Unauthorised duplication or distribution is strictly prohibited.
CONTENT
Page No.
Introduction 3
1) What is Arbitrage 3
2) Why Are There Arbs? 4
3) Understanding The Various Odds Formats 5
4) Criteria To Locate Arbs 6
5) How To Calculate Your Arb Stake 8
6) Examples of Arb Calculations 9
7) The Great Advantage Of Arbitrage (Free Bonuses) 10
8) The 2Rs – Risks & Remedies 11
9) Strategies 14
10) Pitfalls 17
11) Checklist On How To Get Started 20
12) Links And Resources 23
13) Conclusions 24
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Introduction
Some punters describe this type of betting as 'sure win' investment because it
guarantees a return. One can even calculate the exact profit even before the
soccer ball is even kicked.
In footballing term, such type of betting is called arbitrage (or arb) and the
punters are called arbitrage traders (or arbers)
Arbitrage is also referred to as risk-free bets, no-risk bets and sure-bets. In the
US, it is known as scalping.
We wish you success in your betting endeavours.
Stanley Ong & Chris Kwek
1) What Is Arbitrage
1. Arbitrage is the act of taking advantage of different prices offered by

different bookmakers simultaneously.
2. In order for an arb bet to be placed, the punter needs one bookmaker to
offer particularly high odds on outcome 1 (for example, the Win) and a
separate bookmaker to offer particularly high odds on outcome 2 (the loss)
where there are only two outcomes available.
By placing a bet on each outcome at the best available odds, with correct
staking, a profit is guaranteed whatever the outcome.
Let's take an easy example to illustrate the concept of arbitrage.
Arsenal vs Bolton on under/over 2.5 goals.
Bookmaker A offers 2.20 for under 2.5 goals & 1.80 for over 2.5 goals
Bookmaker B offers 1.80 for under 2.5 goals & 2.20 for over 2.5 goals
The punter bets $100 with Bookmaker A on under at 2.20, and

He bets $100 with Bookmaker B on over at 2.20
Since the outcome of the game will be one win and one loss, the punter
will lose $100 and win $120, guaranteeing a profit of $20.
3. Sports are being played almost every day of the year around the world
in hundreds of different leagues and tournaments. Odds are offered by
hundreds of bookmakers of different countries. The opportunities for arb
are huge.
Generally, odds of bookmakers in the same country will be very close, for
example, the odds offered by the bookmakers in UK will be rather similar,
so there wouldn't be many arb loopholes. But arb opportunities will be
greater when compared with odds offered by bookmakers in Europe.
4. Arb trading can be applied to all kinds of sports – soccer, tennis, golf,
basketball, snooker, cricket, boxing, baseball, hockey, ice hockey.
5. There ar e also arb opportunities in politics (for example, predicting the

next president) and entertainment (predicting certain Oscar winner), etc.
Some punters feel that these non-sporting events present more lucrative
arb opportunities as bookmakers often have different opinions as more
guess work are involved compared to sports.
2) Why Are there Arbs?
1. When the bookmakers have different opinions on the outcome of a

particular event, the odds they offer will differ. This creates opportunities
for arbs.
2. Online gaming has become the largest growth industry generating billions
of dollars worldwide every year. Today there are hundreds of online
bookmakers competing against each other. All of them want to offer a
wide range of sporting events in order to reach out to as many customers
as possible.
Bookmakers set their odds based on their pricing criteria. However, not
every odd setter has access to all relevant information in every sporting
event. For example, a bookmaker in USA may not be very familiar with
the lower league game in UK and may set odds out of the market range.
As more and more bookmakers are established, the number of arb

opportunities is expected to increase. The potential is huge.
3. A bookmaker may adjust his odds to balance his books. This may
inadvertently create an arb loophole.
3) Understanding The Various Odds Formats
Different bookmakers in different countries offer their odds in different ways.

There are three formats which look different but they all mean the same
prices.
The three formats are :
 UK Format - prices in fractions

 European Format - prices in decimals
 USA Format - prices in + or - numbers
For example :
1. UK Format
Fraction 2/1 - the top figure 2 is the winning (profit) and the bottom
figure 1 is the amount to be betted (investment) to
achieve the profit of 2.
➢ So, 2/1 means $200 profit from an investment of $100.

You also get your original stake back, so the total receipt is $300.
➢ You can convert fraction into decimal as under :
2 divided by one = 2
Add one to 2 and the decimal figure = 3.
2. European Format
Decimal of 3.0 – The stake is included in the return, so for a

winning $100 bet, the total receipt is $300,
yielding a profit of $200.
➢ To convert a decimal into a fraction :
Deduct one from the decimal

So the above decimal 3.0 is 2/1 in fraction
3. USA Format
+ or – in the price means
 + (positive) – shows the profit for every $1 staked, for example,

$100 at +300 means you get a profit of $300. So,
the total receipt is $400.
 - (negative) – shows how much you need to stake to achieve a

$100 profit, for example, a -300 means you need to
bet $300 to win $100.
To summarise, below is a table of several examples for your easy

understanding :
UK Format EU Format USA Format Bet Win Total Receipt
1/1 2.00 +100 $100 $100 $200
2/1 3.00 +200 $100 $200 $300
3/1 4.00 +300 $100 $300 $400
4) Criteria To Locate Arbs
1. Make out a checklist of events that you wish to investigate for arbs. The
events must have a limited number of possible outcomes.
2. Most arbs yield 1% to 3% profit. Any arb above 5% should be treated

with caution and to be looked into closely. The bookmaker in question
could have priced erroneously where the odds for the favourites and the
underdogs have been reversed.
If the odds is more than 20% higher than the market average, it is very
likely an error.
For any suspicious arb, there is a great risk of the bookmaker concerned
subsequently cancelling the bet, claiming 'palpable error' in their “get
out' clause. (Go to Point 8 on Risks & Remedies for more details).
3. For the beginners, it is advisable to focus on yields of at least 2.5%. This

will allow a safe margin for error. Any mistake will probably result in a
break-even situation with no loss to the punter.
4. For the more experienced arbers, the opportunities are bountiful. There
are numerous 1% to 2% arbs every betting day.
5. Every once in a while, a juicy 7% to 15% arb may appear. The punters
just need to be able to spot it.
6. Capitalise on maximising the free bonus money offered by the numerous

bookmakers. Some punters use arbs of 0% yield (or break-even arbs)
to mobilise the free bonuses as the objective is to 'capture' the free
money. (Go to Point 7 on Advantage Of Arbitrage for more details).
7. Locating arbs is a very time consuming process. There are paid arb alert
services and arb software which will do the tedious work to highlight the
arb opportunities.
Even though juicy arbs are very rewarding, the thousands of 1% to 2% arbs
will produce profit more consistently.
5) How To Calculate Your Arb Stake
1. For arb trading, the punter can even calculate the exact profit in advance.
For example, if he wants to make an investment return of $1000 on the
following match, the calculation will be as under :
Team A 1.72 at Eurobet

Team B 2.50 at Gamebooker
To invest to return $1000, divide the targetted return amount by each set
of odds to get the respective stake amount :
Bet Calculation Stake Amount

Team A 1000/1.72 $581.40
Team B 1000/2.50 $400.00 ________
Total $981.40 to return $1000
The arb profit is (1000 – 981.40) = 18.6 or 1.86%.
2. The higher the amount of investment return, the larger will be the stake
amount. Of course, the greater will be the profit.
3. The stake amount can also be in the form of percentage. The calculation
is divide 1 by each set of odds, then add them together as under :
1 / 1.72 = 58.14% (stake is 58.14% x 1000 = $581.40)
1 / 2.50 = 40.00% (stake is 40.00% x 1000 = $400.00)
Total stake percentage is (58.14% + 40%) = 98.14%
The percentage of 98.14% means the stake amount of the targetted

investment return of $1000. This means to return $1000, 98.14% or
$981.40 must be staked. The balance of 1.86% or $18.60 is the profit.
In this example, the arb can be referred to as “98.14% arb” or “1.86%

arb”. It means the same thing.
6) Examples Of Arb Calculations
1. For Asian Handicap Odds
Such type of betting has two outcomes, the Win or the Loss.
Game : Bolton vs Chelsea and the best arb odds are :
VC Bet 2.10 on Bolton with a +0.5 handicap

Bet365 2.03 on Chelsea with a -0.5 handicap
To win investment return of $1000, the stake amount will be :
Bet Calculation Stake Amount

Bolton 1000/2.10 $476.19
Chelsea 1000/2.03 $492.61 ________
The arb profit is (1000– 968.80) = $31.20 or 3.1%.
2. For Fixed Odds
This type of betting has three outcomes, Home Win, Draw, Away win.
For example, to win investment return of $1000, the stake amount

for a match has been calculated as under :
Bet Best Odd Calculation Stake Amount

Home win 2.05 1000/2.05 $487.80
Draw 3.85 1000/3.85 $259.74
Away Win 4.90 1000/4.90 $204.08 ____________
The arb profit is (1000 – 951.62) = $48.38 or 4.83% irrespective

whether the outcome is Home win, Draw or Away Win.
7) The Great Advantage Of Arbitrage (Free Bonuses)
1. The greatest advantage of arbitrage is the punters get to capitalise on

and multiply the free bonus money offered by the numerous bookmakers.
An arbitrage trader needs to open a large number of accounts with

various bookmakers. To remain competitive, many bookmakers offer the
following sweeteners :
 Free bets for new account.
 Cash back bonus for new and/or existing account.
 Special promotion for specific events.
2. According to the rules of the bookmakers, some may stipulate that the
account holder bets his deposit and any bonus first before the money can
be withdrawn.
3. Some bookmakers require the bonus money to be 'rolled over' a number

of times before it can be withdrawn (in most circumstances, the money
would have been lost by then).
4. Arbs can be used to meet the above conditions of the bookmakers.
Place a bet with the bonus giving bookmaker (let's call bookmaker A) and
then hedge an arb bet with another bookmaker (Bookmaker B) on the
opposite outcome. In this way, use the free bonuses from the various
bookmakers and simply play them against each other.
5. By only using the bonus money to arb, the following can happen at the
bonus giving bookmaker (Bookmaker A) :
 The bets will win enough to meet all the conditions like 'roll over'
before withdrawal of the money.
 The bets lost. However, this means the arb bets at Bookmaker B
have won which literally means the bonus money at Bookmaker A
has been transferred to Bookmaker B, and the money can be
withdrawn anytime.
8) The 2Rs – Risks & Remedies
In essence, an arb guarantees a profit regardless of the event outcome as

balanced bets are placed on the possible outcomes. However, there is
nothing in the world which is totally safe.
Do be mindful of the following risks. Do not fret though. Remedies have

been suggested to mitigate the risks.
1. Different Rules Of The Bookmakers
a) Risk
Different bookmakers have different rules on how to handle the

outcomes under certain circumstances, for example postponed or
cancelled events.
One bookmaker may rule that the bet is still active while the other
bookmaker may stipulate that it is voided. If this is the case, the arb
bet is at risk as the side which is voided is unhedged.
b) Remedy
Such risk can be minimised if the arbs are traded using bookmakers
who have similar rules.
2. Bookmakers' Errors
a) Risk
Most bookmakers have a 'get out' clause in the terms and conditions
that they will use to cover themselves against 'genuine mistakes'.
This protection clause is invoked when there is an 'obvious' or

'palpable' error in the odds and the bookmakers reserve the right to
cancel the bet.
Such risk is particularly prevalent in arb trades as the punters are

looking out for odds which are higher than normal. If a bookmaker
deems one of the odds was in fact a 'palpable error', he can exercise
the 'get out' clause and treat the bet as cancelled. The punter may
not be able to hedge his arb bet at a similar or 'close to' odds. His
bet thus has the risk of being left uncovered.
b) Remedy
As a rule of thumb, odds below 1.85 indicates the favourite while odds
above 2.25 refers to the underdog. Odds in between the range of 1.85
to 2.25 mean no side is the favourite.
If bookmaker A offers odds of 1.80 for Team X and bookmaker B

offers 2.40 instead, it means bookmaker A considers Team X as
favourite whereas bookmaker B considers it as the underdog. Such
situation would mean one of the bookmakers has made a mistake in
the pricing and there is a risk of the bet being cancelled.
It is safe to implement arbs only when both sets of odds are :
 Within the 1.85 to 2.25 range.
 Outside the 1.85 to 2.25 range.
Odds which are 20% or more above the market average are very
highly 'palpable errors' and the bets are very likely to be cancelled.
3. Timing In Placing The Bets
a) Risk
When there is an arb opportunity, many punters would rush to place

their bets. As soon as the bookmaker has enough bets on that
outcome, he will lower the odds in order to attract bets on the
opposite outcome to balance his books.
The arb window usually closes very quickly in response to market

forces. The punter has to act very fast or run the risk of only having
the time to place the first bet and then seeing that the odds for the
second bet has changed before he could finalise his bet. This leaves
him with only half a arb.
b) Remedy
The punter should familiarise himself with the websites of the various
bookmakers so that he can place his bet in the fastest time (within
1-2 minutes).
The best way is to make sure he comes to the confirmation page of

both bookmakers first, then hit the confirmation button at both sites
in quick succession.
If there is still a problem of going through with one bet, remedial

action has to be immediately taken to hedge the bet at the next
nearest odds to keep any possible loss to a minimum.
4) Pressure And Carelessness
a) Risk
Making careless mistakes especially while under pressure can be

very costly, for example, you want to bet on Home team at
bookmaker A and Away team at bookmaker B, but due to time
constraint, you have carelessly betted the Home team at both
bookmakers.
b) Remedy
Get very acquainted with the bookmakers' rules and system to

ensure that you can be decisive and fast in navigating the various
sites.
Pressure can cause panic which may be disastrous as an arb trade

is finalised with the click of the mouse.
For arb trading, every minute counts as the odds are constantly
moving. A focused mind is absolutely essential. If you are bothered
with some problems at home or at work, refrain from arbing. When
necessary, take a break. Return when your mind is refreshed.
5) Lack Of Knowledge
a) Risk
Knowledge is king and to be good at arbing, it is vital to be equipped

with the arbing skills.
Lack of knowledge will worsen a problem where corrective action

is not timely implemented.
b) Remedy
One has to learn to acquire knowledge. The punter can begin the
learning curve by :
● 'paper-trading' first, that is, having a dry run without

betting with real money. Go through the motion of finding
the arbs and paper-trade your bets. Analyse your results
and learn from your mistakes. You will then learn without
risking a cent. Please remember, arbitrage is risk-free but
not effort-free.
● Whenever you are confident, start actual trading with small

bets and monitor your progress.
9) Strategies
In principle, arb bets are 'risk-free'. Every arb bet is guaranteed to produce
a profit. But in reality, things can never be that simple. It is still essential
for the punters to learn and know the strategies of the trade before he can
be confident that his arb trading is safely 'risk-free'.
1. Go for low percentage arbs and aim for volume of bets instead of placing
big amount on just a few arbs. Spread your fund around many arbs. This
is to minimise the risk of bookmakers claiming a 'palpable error' especially
on a sizeable bet.
A punter once put a very big arb bet on Chelsea. The arb profit was
around 3% which made it a normal arb. Chelsea won but three hours
later, the bookmaker cancelled the bet claiming it was a 'palpable error'.
The punter's original stake was returned but he lost a fair bit of money
on the other side of his arb bet. Of course, this particular bookmaker has
since lost a lot of goodwill among its customers.
2. Make sure that the results of the arbs are known within 2 to 3 days. This
ensures the fluidity of the cash flow.
A punter once took a promising arb of 10%. This is an antepost arb

predicting the winner of an European tournament. The result of his bet
was available only at the end of the tournament and he tied up $500 for
30 days. This is not a very efficient way of money management.
3. Maximise the use of your free bets. A punter once found $200 free bets
in an account five months after he has stopped arb trading.
4. Arbs can be very profitable in the total scores market. This involves
taking advantage of differences in the handicaps offered. This method
is known as middling.
For example, a game between AC Milan and Juventus.
You bet with bookmaker A for under 2.5 goals at 2.00

You bet with bookmaker B for over 1.5 goals at 2.00
This is considered a break-even arb because the punter will indeed break-
even. However, if the final score is 2 goals, he will win both bets.
5. It pays to specialise on the lower leagues.
Most bookmakers tend to concentrate on the elite leagues and may have
less expertise on the lower leagues. Price differences are likely to occur,
and therefore the arb opportunities.
6. Be more knowledgeable than the bookmakers.
Odds change in response to market condition. Some bookmakers may not

be so up-to-date with the latest market news and are less responsive in
adjusting their odds.
So, it can be very profitable just to be one step ahead of the bookmakers
in the soccer scene.
7. Most bookmakers do not regard arb traders their welcomed customers.

To make your bets less conspicuous, always round up or down the bet
amount.
A bet of $369.15 looks more glaring than just $369. If the bookmakers
suspect you are a arber, they may restrict your bet stake.
8. Once you spot a particular bookmaker is way out of line with the market
range, be the first to secure the bet. The price will definitely not last very
long.
9. If you have been imposed with stake restrictions by the bookmakers, use
the names of family members and friends to set up the accounts.
10. When you have a winning streak at a particular bookmaker, to avoid

suspicion and inviting stake restrictions, try to make a few arbs of the
'losing outcomes' with this bookmaker.
11. If your first stake amount has been refused, do try again after a few
minutes. There are many instances when the same stake amount has
been accepted upon subsequent tries.
12. In the event of an arb betting dispute, get advice from the Independent
Betting Arbitration Service (www.ibas.co.uk)
10) Pitfalls
As mentioned above, there is nothing that is entirely risk-free. Perhaps

arbitrage is perceived as such as it is popularly known as 'sure-win'.
It pays to be mindful of the following pitfalls which can erode whatever

profit there is, since most arbs are in the profit range of 1% to 3%.
1. It is very time consuming to manually find the arb loopholes. Sometimes,

the profit earned may not be worth the time and efforts.
There are companies which, for a fee of course, offer arb alert services
that find arbs for the subscribers with details of the league, profit,
percentage and amount to stake. Some also offer free trials.
However, some punters complained that a lot of the arbs from such arb
alert services are with small bookmakers which accept only small stakes.
Some do not accept single bets and the arb bet has to be abandoned.
Alternatively, there are softwares available which will fish out the arb
opportunities.
2. In order to trade profitably, it is needed to have an average of 20 to 30

accounts with various bookmakers to take advantage of any discrepancies
in the odds. This means :
➢ The betting fund needs to be sizeable as deposits have to be

made in each account.
➢ There will be frequent movement of funds among the bookmakers

and transaction fees will be charged each time. The norm is the
bookmaker will limit the punter to one free withdrawal per month.
Thereafter, the bookmakers will charge either a fixed fee or a
percentage each time a withdrawal is made.
However, one advantage of having many accounts with the bookmakers

is the free bonus money which the punter can capitalise on.
3. Most arb opportunities are in the 1% to 3% profit range. Stakes

therefore have to be large to ensure any remarkable profit. For
example, a $100 bet produces a 3% profit of $3. If the punter wants to
make $30 instead, he has to stake $1000. This means :
 He must have the betting fund at his disposal.
 The bookmaker may impose maximum stake of $200. He will

then have to scramble to find ways to place the balance $800.
Since the stakes of the arbitrage traders are likely to be larger than the
normal wagers, this problem may occur quite often.
4. Another problem is the currency of the betting account.
Most bookmakers accept major currencies of British Pounds, US Dollars

and Euros. However, some smaller bookmakers may only accept one
currency. This will then involve currency rate fluctuation which may wipe
out the 'sure win' profit.
Take note of the following to minimise this problem :
 If a credit card is used to fund your account and there is

a clear reduction in the final amount due to exchange rate
difference, notify the bookmaker concerned together with
a copy of your credit card statement. Most bookmakers
will credit your account back with the difference.
As at now, only Visa credit cards are accepted. Mastercard

has adopted an anti-gaming stand and the cards will not be
accepted.
 Sending funds by bank transfer will not involve exchange rate

loses. However, the transfer usually takes five working days
to be completed.
One alternative is to use 3rd party payment intermediaries like Neteller

and Moneybooker to deposit and withdraw from among the
bookmakers. The transfer is almost instant. Of course, a small fee will
be charged on each transaction. Most bookmakers will allow one free
transaction a month. To become more competitive, some bookmakers
are now accepting free transactions by absorbing the fees imposed by
the 3rd party processors.
5. There is a need to open accounts with many bookmakers. With each

opening, a certain amount of deposit has to be made. For a punter
with limited betting fund, the number of accounts he can open is
restricted.
6. Some bookmakers make it very easy to deposit money but not so easy
when it comes to withdrawal. The punter can end up depositing more
and more money into an account and encounter problems to move his
funds around.
7. Some bookmakers limit stake to small amount, for example $20 per
punter. This is a great problem when a $200 arb bet is needed to be
placed.
8. There are instances of bookmakers suspending the event before a

punter could place his 2nd arb bet, leaving him to scramble to hedge his
position.
9. It can be very annoying when the computer is down or there is a loss in

Internet connection after the punter has placed one side of the arb bet.
10. It can be very frustrating that after hurriedly opening an account and
depositing in money with a particular bookmaker, the odds targetted
have shorten which make the arb not profitable anymore.
11. Most arb traders would have encountered this scenario, that is, the
second before you confirm the arb, the odds change.
12. Exercise caution to avoid wipeouts. A majority of arbers suffer

wipeouts by backing a price which is clearly palpable and the bet is
subsequently cancelled by the bookmaker concerned.
Even though there are times the punter is unable to recover all his
transaction fees or exchange rate losses, the free deposit bonuses offered
by the bookmakers should more than compensate.
To circumvent problems with dodgy bookmakers, always check their quality

and reliability. The following two websites provide rating and latest reviews
of all the bookmakers :
● www.sportsbookreview.com
● www.bookmakersreview.com
11) Checklist On How To Get Started
1. Registering With The Bookmakers
When selecting the bookmakers, check thoroughly on their quality,

reliability and bonus offers.
Always maintain around 30% cash buffer in your E-Wallet to cater for
top-ups in your trading. This means only spread around 70% of your
betting fund among the bookmakers.
At least 20 accounts with various bookmakers are needed to maximise

the arb opportunities. Most arb traders have an average of 35 accounts.
Setting up such a large number of accounts can b e very time

consuming. There is software available which can do the tedious job for
you.
2. Creating E-Wallet Account
Create 3rd party payment intermediary E-Wallet accounts like Neteller

and Moneybooker and transfer your funds into the accounts.
These payment processors will facilitate your transferring of money

among the bookmakers instantly.
3. Learn The Trade
Besides spotting the arbs, one key factor is speed in executing the
trade.
Since there are so many bookmakers involved, familiarise thoroughly

with each bookmaker's rules and website. This is all the more crucial
when decisive action has to be taken within a few minutes.
The punter can 'paper-trade' first to acquire experience and knowledge.

As the saying goes, “practice makes perfect'.
Once the arb trader is more confident, start actual trading with small
bets.
For those bookmakers' sites which are complicated to navigate, place

more small arb bets to get acquainted with the process. Such extra
preparation and practice will pay dividends on occasions when the arber
has to trade under pressure.
Initially the learning curve will be tough and steep. Time is the best
teacher. As experience is accumulated, so will be your results.
4. Distribution Of Your Betting Fund
Does the arb trader wait till there is an arb before depositing money
into that particular bookmaker's account?
If he does so, there is a risk that by the time he has put in the money,
much time has been spent and the arb price he has targetted may be
long gone.
But if he starts putting his fund with the various bookmakers, he ties up
his cash fluidity and there may be a case of an arb with a bookmaker
and he has insufficient money to top up and make the arb bet.
This is really a 'chicken or egg first' dilemma, especially for new arbers.
The best is to get prepared and organised as under :
➢ Send all the required documentations in advance to the

bookmakers.
➢ Specially look out for bookmakers who accept deposits

via E-Wallet facility. The deposits are always instant. So
the arbers can keep his betting fund in his E-Wallets and
mobilise the money as and when needed compared to
depositing various amount at the bookmakers.
5. Capitalise On Your Free Bonus
Always be on the look out for new good bookmakers with attractive
sign up bonuses. Roll over and arb your free money out entirely.
6. Get Organised And Keep Proper Records
Since a large number of bookmakers is involved, the punter needs

to have an organised way of keeping records of :
● passwords
● user names
● account balances
● rules (especially in the event of abandoned games)
12) Links And Resources
● www.sportsbookreview.com ) both sites provide rating and

● www.bookmakersreview.com ) up-to-date information on bookmakers
● www.arbforum.co.uk ) excellent forum covering the arb scene
● www.betbrain.com ) odds comparison sites which also

● www.oddsexchange.com ) identify arb opportunities
● www.ibas.co.uk ) an arbitrage authority to investigate

any dispute
List of bookmakers which you could use for trading:
● www.bet365.com
● www.betfred.com
● www.betfair.com
● www.boylesports.com
● www.bgbet.com
● www.betuk.com
● www.betdirect.com
● www.888sport.com
● www.betdaq.com
● www.betsson.com
● www.betchronicle.com
● www.bet1128.com
● www.10bet.com
● www.betterbet.com
● www.bodog.com
● www.betinternet.com
● www.bookmaker.com
● www.coraleurobet.com
● www.centre.com
● www.canbet.com
● www.expekt.com
● www.extrabet.com
● www.eurobet.com
● www.globet.com
● www.iasbet.com
● www.interwetten.com
● www.intertops.com
● www.jaxx.com
● www.ladbrokes.com
● www.lassetersports.com
● www.paddypower.com
● www.partybets.com
● www.pinnacle.com
● www.sportingbet.com
● www.skybet.com
● www.stanjames.com
● www.totesport.com
● www.unibet.com
● www.VCBet.com
● www.williamhill.com
● www.winunited.com
Arbitrage Software/Services
a) The Online Loophole System
The Online Loophole System is a niche sports arbitrage betting system

that is guaranteed to make money. It comes with a 60 days 100%
money back guarantee. For immediate purchasers, 6 bonuses are
offered like unlimited email support, affiliate course, Free Bets Review
Premier membership, learn how to get paid to open new accounts, free
updates for life, and learn to get paid to open casino and bingo accounts.
Click The Online Loophole System for details.
b) Online Sports Arbitrage Betting
Online Sports Arbitrage Betting is a zero risk software which comes

with easy to use tutorials. Within the system, a calender of events will
show where the bets are found and when the opportunity is available.
Vital knowledge on arbitrage are presented. There is a 100% money
back guarantee.
Click Online Sports Arbitrage Betting for details.
13) Conclusions
1. Arbitrage is a very interesting type of betting as it is not confined only

to sports. As long as the event is offered by most bookmakers, there is
always an arb opportunity, whether it is Arsenal beating Chelsea or
Barrack Obama winning the US presidential election.
2. Do not expect quick windfall with arbing, unless you have very deep
betting budget. Arbitrage is a slow but steady way to accumulate
your profit.
3. Once in a while, a bookmaker may make a glaring mistake in his pricing,

offering a 7% or even 15% return. This is a sizeable arb loophole.
However, such occurrences are very rate. When they do appear, the arb
trader who has an existing account with that bookmaker will have a
golden opportunity to make wonderful profit.
4. In view of all the risks and pitfalls highlighted above, a arbitrage trader
has to be very dedicated to achieve consistent income.

A Sure Win Strategy For Football Betting

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A Sure Win Strategy For Football Betting

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A Sure Win Strategy For Football Betting

2) Why Are There Arbs? 4

3) Understanding The Various Odds Formats 5

4) Criteria To Locate Arbs 6

5) How To Calculate Your Arb Stake 8

6) Examples of Arb Calculations 9

7) The Great Advantage Of Arbitrage (Free Bonuses) 10

8) The 2Rs – Risks & Remedies 11

11) Checklist On How To Get Started 20

12) Links And Resources 23

This is not a free ebook.

All rights reserved. No part of this ebook may be reproduced or transmitted in

We wish you success in your betting endeavours.

Stanley Ong & Chris Kwek

1. Arbitrage is the act of taking advantage of different prices offered by

Let's take an easy example to illustrate the concept of arbitrage.

Arsenal vs Bolton on under/over 2.5 goals.

The punter bets $100 with Bookmaker A on under at 2.20, and

5. There ar e also arb opportunities in politics (for example, predicting the

2) Why Are there Arbs?

1. When the bookmakers have different opinions on the outcome of a

As more and more bookmakers are established, the number of arb

3) Understanding The Various Odds Formats

Different bookmakers in different countries offer their odds in different ways.

The three formats are :

 UK Format - prices in fractions

➢ So, 2/1 means $200 profit from an investment of $100.

➢ You can convert fraction into decimal as under :

Decimal of 3.0 – The stake is included in the return, so for a

➢ To convert a decimal into a fraction :

Deduct one from the decimal

+ or – in the price means

 + (positive) – shows the profit for every $1 staked, for example,

 - (negative) – shows how much you need to stake to achieve a

To summarise, below is a table of several examples for your easy

UK Format EU Format USA Format Bet Win Total Receipt

1/1 2.00 +100 $100 $100 $200

2/1 3.00 +200 $100 $200 $300

3/1 4.00 +300 $100 $300 $400

4) Criteria To Locate Arbs

2. Most arbs yield 1% to 3% profit. Any arb above 5% should be treated

3. For the beginners, it is advisable to focus on yields of at least 2.5%. This

6. Capitalise on maximising the free bonus money offered by the numerous

5) How To Calculate Your Arb Stake

Team A 1.72 at Eurobet

Bet Calculation Stake Amount

The arb profit is (1000 – 981.40) = 18.6 or 1.86%.

1 / 1.72 = 58.14% (stake is 58.14% x 1000 = $581.40)

1 / 2.50 = 40.00% (stake is 40.00% x 1000 = $400.00)

Total stake percentage is (58.14% + 40%) = 98.14%

The percentage of 98.14% means the stake amount of the targetted

In this example, the arb can be referred to as “98.14% arb” or “1.86%

6) Examples Of Arb Calculations

1. For Asian Handicap Odds

Game : Bolton vs Chelsea and the best arb odds are :

VC Bet 2.10 on Bolton with a +0.5 handicap

To win investment return of $1000, the stake amount will be :

Bet Calculation Stake Amount

The arb profit is (1000– 968.80) = $31.20 or 3.1%.

2. For Fixed Odds

For example, to win investment return of $1000, the stake amount

Bet Best Odd Calculation Stake Amount

The arb profit is (1000 – 951.62) = $48.38 or 4.83% irrespective