For decades this 100% legal and guaranteed winning systems was kept “under wraps” by professional gamblers who knew how to wok the system to make large piles of cash (millions in some cases).
Using arbitrage betting systems these professional gamblers knew when they placed their bets exactly how much money they were guaranteed to win. There was no luck involved. There was no gambling taking place. There was just a guaranteed payout – every time!
The practice of arbitrage betting, or arbitrage trading as it is often called, is utilizing opportunities to guarantee a profit by taking advantage of price differentials between two or more bookmakers or online betting sites.
Prior to the internet and sports arbitrage software it usually took two professional bettors to be in two different bookmakers so they could place their bets in tandem before the odds changed. Now it can be done in moments, by the same bettor, using the power of the internet and basic home computing equipment!
So how does it work?
Bookmakers and online Swedish betting sites work with their odds in a way that will always ensure they make a profit. This means that the odds given by one betting site may differ slightly, or greatly, from the odds given by another betting site.
As I have already mentioned when a bookmaker calculates the odds of a sporting event he will make sure he always makes a profit and will therefore adjust his odds as bets come in. As more people bet on one side of a sporting event so the odds for them winning will be brought down to ensure the bookmaker stays in profit.
However, a different bookmaker may be experiencing the exact opposite happening and this he will adjust his odds to ensure that he is in profit.
This means that these two bookmakers have dramatically different odds from one and other – sometimes the exact opposite.
An example of this would be when one bookmaker has Team-A at 11/10 while a second bookmaker has Team-B at 11/10 because each bookmaker must attract the type of bet that will help them balance their books and ensure a profit.