Sports Arbitration – Tennis Betting Tips

Sports arbitration is the only way to do sure a specific bet wins. With sports arbitration it is 100% that the bets you make will give you profit. How is that? We’ll get to that.

Introduction to sports arbitration

Sports arbitration is the act of exploiting the difference in odds in the different bookmakers. Bookmakers do not always use the same odds for the same matches. in fact they rarely Use the same odds as other bookmakers. For example, let’s look at the next match with Novak Djokovic and Roger Federer:

Bet365 odds: Novak Djokovic 2.87 and Roger Federer 1.40
Williamhill odds: Novak Djokovic 2.75 and Roger Federer 1.40

As you can see, different bookmakers do not use the same odds. This is what makes arbitrage possible.

How exactly does sports arbitration work?

We are going to focus on tennis betting in this article, but you can use the sports arbitrage betting system for any sport you like.

Arbitration has been known to man for a long time. Banks have done it with currency difference for a long time. The act of sports arbitration is relatively new. What we do essentially is cover everybody possible outcomes of a specific event. If it was a football game, we would cover team A, team B, and the draw. In tennis we just cover players A and B, since there is no draw in tennis, we don’t have to worry about that. This is the reason why tennis is such an easy sport to referee (with only two results).

Does covering all results produce a loss…?

Okay, yes. If she placed the bets at the same bookmaker, she would lose. However, remember how we talked about bookmakers using different odds? That’s where the ‘loophole’ is, so to speak.

First, let’s see what would happen if we covered both outcomes at the same bookmaker (in this case, Bet365).

We bet $100 on Federer at odds of 1.40 and $48.78 on Djokovic at odds of 2.87 (which explains why I choose these different bet sizes in a minute). The possible results of the tennis match:

If Djokovic wins, we get $140 and lose $100.
If Federer wins, we receive $140 and lose $48.

If Djokovic wins, we will end up with a loss of ($140 – $48.78 – $100 = -$8.78) $8.78.
If Federer wins, we will end up with a loss of ($140 – $100 – $48.78 = -$8.78) $8.78.

As you can see, no matter the result we forever I ended up losing $8. Can we turn this around? Of course we can. We simply place the different bets at two different bookmakers. Let’s take a look at another bookmaker.

Odds for Djokovic at 2.58 and odds for Federer at 1.60. What we do now is place cross bets on these two bookmakers. Obviously, we choose to bet to get the highest combined odds:

We bet $100 on Federer at odds of 1.60 and put $55.75 on Djokovic at odds of 2.87 (we’ll explain bet sizes later). Let’s see the results:

If Djokovic wins, we get $160 and lose $100.
If Federer wins, we receive $160 and lose $55.75.

If Djokovic wins, we end up with a net profit of ($160 – $55.75 – $100 = $4.25) $4.25.
If Federer wins, we end up with a net profit of ($160 – $100 – $55.75 = $4.25) $4.25.

No matter the results we will forever earn $4. This may not sound like much, but keep in mind that it is scalable. For example, you could put $200 on Federer and $111.5 on Djokovic to double your winnings. You could even put $1000 on Federer and $557.49 on Djokovic for a guaranteed profit of $42.51. It may not seem like much, but if you just made a few of these bets a day, you could easily get your day job done.

Before looking at the size of the bets we make on these tennis matches, we will look at how to determine whether or not it is possible to arbitrate a bet.

You simply put the probabilities through the formula:

quota1(power-1) + quota2(power-1). As long as this returns a result lower of 1, you can place an arbitrage bet. As an example, let’s look at the previous bet:

1.60 (power-1) + 2.87 (power-1) = 0.9734. So we can make an arbitrage bet.

Now let’s determine the size of the bets we want to place on the specific tennis matches. This is done with a simple formula. If you want to place a bet of s1 on outcome 1, you need to place:

s2 = s1 * o1 / o2; in result two.

Let’s look at our example again. We place $100 on outcome 1 with probability 1.60. In the result two we want to place:

s2 = $100 * 1.60 / 2.87 = $55.75

Simple and elegant.

If you want to make a living betting on tennis or any other sport, sports arbitration is one of the best ways to do it.