Arbitrage bet this is the way to bet on playing in several different gambling sites for each result when there is a small percentage of profit that may be received.
For Example
Barcelona - Real Madrid 2.35 2.75 3.20
To get the chance for each ratio we will divide 100 holes in the ratio
100 / 2.53 = 41.67% 100 / 2.75 = 36.36% 100 / 3.20 = 22.73%If you sum up all the odds we will get 100.76%. the margin is 0.76%
We need the margin to be less than 100% for example 95% we get 5$.
Margin is bookmaker profit percents.
What if we place each bet in a different bookmaker website?
Now if you wont to earn 100$
| Bookmaker | Barcelona | X | Real Madrid |
|---|---|---|---|
| Pinnacle | 2.25 | 3.25 | 3.10 |
| Betsson | 2.49 | 2.75 | 3.20 |
| Unibet | 2.35 | 2.30 | 3.50 |
| Betfare | 2.85 | 2.75 | 3.20 |
if we take the biggest odds for each option
2.85 , 3.25 , 3.50 and we calculate each odds by 100.if we get less then 100% we have sure bet
(100 / 2.85) 35.09 + (100 / 3.25) 30.77 + (100 / 3.50) + 28.57 = 94.43
94.4% -100% = 5.57% so here we got superbet(arbitrage)!
we bet 94.43$ and get 100$ => 5.57$ net profit
You do not need to calculate this manually
we have easy calculator for you
Where I can found all the odds ?
The Houdini site will monitor relations comparisons to be ready in July 2019.
Tools => Dropping odds