Are you sick of losing money when you bet on sports?
What if I told you that there was a strategy that you could use to mathematically guarantee
that you win every time you place a bet?
You probably wouldn’t believe me, right?
Well, I’m about to show you.
Stick around to find out about the most important mathematical formula to help you profit from
sports betting.
If you have seen any of my other videos, you will already know what I am talking about
- arbitrage betting.
Arbitrage betting is a unique way to profit from sports betting, every single time you
bet.
But, how does it work?
Well, it’s quite simple really.
Arbitrage betting involves finding particular sets of odds for sports matches, where you
can bet on all possible outcomes and profit regardless of which one occurs.
Let’s take a look at an example.
Imagine a fictional tennis match between Roger Federer and Rafael Nadal.
Let’s say that two different bookmakers are offering the following odds for the match.
Both bookmakers think that Roger Federer is the favourite, but they disagree on just how
likely they think he is to win the match.
Bookmaker A is offering the best odds for Roger Federer, while Bookmaker B is offering
the best odds for Rafael Nadal.
If we take only the best odds for each player, it is possible to bet on both of them and
profit regardless of who wins.
For example, if we bet $170 on Federer with Bookmaker A, and $130 on Nadal with Bookmaker
B, we have staked a total of $300.
But, regardless of who wins, our payout is going to be greater than $300, so we will
make a profit.
If Federer wins, we get $9.40 profit, and if Nadal wins we get $12 profit.
Pretty amazing, right?
So, what is the mathematical formula that you can use to work out whether an arbitrage
betting opportunity exists for a particular set of odds?
Well, here it is:
Basically, you find the best possible odds for each outcome.
You then calculate the implied probability of these odds, by summing up 1 on each of
the odds.
If this equals less than 100%, then you have a potential arbitrage bet.
So, let’s test this formula
for the last example:
96.6% is less than 100%, which tells us that we have a possible arbitrage betting opportunity.
Once you know that there is a potential arbitrage bet, the next thing to do is to calculate
your stakes.
You must use very precise stakes to ensure that you lock in a profit.
If you make a mistake here, you expose yourself to potential losses.
The mathematical formula for calculating your stakes is as follows:
Basically, to calculate your stake for a particular outcome, divide your total winnings by the
odds for that outcome.
Note that total winnings are different to your profit.
If we use total winnings of $200, for example, our stake for Roger Federer would be $200
divided by 1.82, which results in a stake of $110.
Likewise, it would be $83 for Rafael Nadal.
By betting this way, we can win $200 by staking just $193, which is a guaranteed profit of
$7.
It may not sound like much, but if you place many bets like this, it can add up to become
quite decent profits over time.
Arbitrage betting is a unique mathematical betting strategy that allows you to profit
every time you bet.
But, it only works when very specific sets of odds occur.
If you are wondering how to find these arbitrage betting opportunities, check out this video,
or use the link below to access my free arbitrage betting course, which is packed with tons
of video tutorials, showing you how to get started with arbitrage betting, along with
all of the tips and tricks that you need to succeed.
If this video has helped you at all, please like it and subscribe to my channel, for more
info on profitable sports betting.
See you in the next video!