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( votes)The birth of online sports betting changed all of this, now you can sit at home and check the odds on hundreds of bookmakers. Bookmakers can now also check odds across hundreds of sports books; this meant that arbitrage bets only last on average fifteen minutes. Finding profitable arbitrage opportunities requires patience and due diligence. There is also the chance of human error when under pressure to find arbitrage bets quickly. That is why special software needed to be developed to find these nuggets of gold. Arbitrage sports betting is a way to get regular risk free profits from the massive online fixed odds betting market. In a way it’s like a swoop and scoop of regular small profits from pitting one betting bookmaker against another. Sports arbitrage betting takes it’s origins from arbitrage trading in financial markets. On such markets an arbitrage trade exploits the difference in the price of a listed company on a stock market in different countries. In the world of sports arbitrage betting it is differences between the price (odds) of bets that are exploited for profit. This series of articles will investigate what sports arbitrage trading is, what sort of budget you need for sports arbitrage betting, how sports arbitrage exploits pricing inconsistencies between bookmakers, what types of sport arb trades there are, what are the risks with while arbing (oh yes! There are risks, believe me!), why sport arbitrage bets occur, the basics of how to be successful at sports arbitrage betting and which betting bookmakers are best for online sports arbitrage betting. It should be noted that in no way is this form of betting any type of gambling. When you gamble to take a risk that you might you lose. You cannot lose when you use a sports arbitrage betting system. You just need to know how to do it. Sports betting systems come and go, but the arbitrage approach is the only system that guarantees a payout as long as you get both bets on in time! The next article in this series can be found here: Theory of Arbitrage Betting ]]>