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INTRODUCTION
1
How To Become A Successful Sports Arbitrage Trader
SIMPLE EXAMPLES
An arbitrage trade between these two markets would cover the outcome
of one player winning by placing a bet in the Match Winner market, whilst
covering the outcome of the other player winning by placing two or more
bets in the Set Betting market. The latter bets effectively synthesise the
Match Bet on Player 2.
Taking this one step further, after the quarter-finals of the tournament,
you can construct a two-stage trade whose initial components are a
combination of bets from the two semi-final match-bet markets and the
overall tournament winner market.
On a much more advanced level, the Match Bet, Asian and European
handicap markets in soccer provide hundreds of ways to synthesise bets.
The same is true for the Total Goals markets and their Asian Handicaps.
It’s with these techniques that your trading will rise to a new level: the
traditional rules, which limit the average trader, are lifted to set you free.
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How To Become A Successful Sports Arbitrage Trader
COMPLEX EXAMPLE
The most common cross market arbitrage trades occur in soccer, where
bookmakers & betting exchanges offer a very wide range of Asian
handicap, European Handicap and Double-Chance bets as well as
standard match bets.
The trade combines a (+2) Asian Handicap bet on Sampdoria with (-1.5)
and (-2.5) Asian Handicap bets on Livorno
Livorno (-1.5) pays out fully if Livorno wins by more than 1 goal
Livorno (-2.5) pays out fully if Livorno wins by more than 2 goals
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How To Become A Successful Sports Arbitrage Trader
THE PAYOUTS
There are a number of ways in which a trader can apportion his stakes on
this trade: for an equal profit irrespective of the match’s outcome or with
a bias towards any two or any single outcome. The first method is
conservative, the others remain risk-free but can result in significantly
lower or higher profits which will depend on the quality of the trader’s
judgement.
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How To Become A Successful Sports Arbitrage Trader
THE PAYOUTS
LIVORNO 0 0
WINS BY $100.10 $100.10
1 GOAL
LIVORNO 0
WINS BY $77.00 $92.40 $169.40
2 GOALS
LIVORNO 0 $92.40 $8
WINS BY $100.10
MORE THAN
2 GOALS
Your total investment in the trade is 100. All possible outcomes are
covered without any risk and you will receive a payout of 169.40
if the result is Livorno wins by 2 goals.
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How To Become A Successful Sports Arbitrage Trader
THE PAYOUTS
There are a total of 7 ways to bias your stakes in this and all 3-way cross
market sports arbitrage trades:
1. No Bias
6
How To Become A Successful Sports Arbitrage Trader
This guide has given you a glimpse of what is possible with cross market
sports arbitrage. There are over 350 different ways to combine Asian
handicap, European Handicap, Double-Chance and Match bets as well as
Under/Over bets and specific formulae are required to recognise them
and calculate the appropriate stakes.
7
How To Become A Successful Sports Arbitrage Trader
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