Sports Arbitrage Trading (5) - Tips on Finding Sports Arbitrage Trades

Depending on the level at which you wish to trade, it is possible to spend days and hours online searching for profitable arbitrage trades. However in the long term a aspiring sports arbitrage trader who places any value on his or her time will realize that it is impossible to make any kind of consistent profit without the aid of a powerful and professionally produced sports arbitrage trading software program.

Not only does sports arbitrage software takes all of the monotony and legwork out of sports arbitrage trading, presenting the dealer with a never ending list of profit opportunities which they can choose to take advantage of, or not. It also provides the route to consistent profits.

Nevertheless, as you embark on your sports arbitrage trading project, it is worth learning something about the sports in which you will trade. As your experience grows, this knowledge will help you to discover some types of arbitrage trades which software doesn’t find. In this way, you will be able to supplement your trading if you wish.

An ideal arbitrage trading opportunity should have a minimum of two possible outcomes and in most cases a maximum of three. Where there is a possibility of more than outcomes, for example a horse race, there may still be arbitrage trades available but it becomes increasingly difficult to place all of the necessary bets.

In any case, there are enough 2-way and 3-way arbitrage trades available each day to make it unnecessary to concern yourself with others. Statistics show that on an average day around 80-100 of these opportunities arise, the majority of which will yield profits of between one to two percent. Someone who is working full time as a sports arbitrage trader who is well capitalized and highly organized would be in a position to trade many of these offers and turn over a lot of money.

There are also those who want to handle just a few more juicy transactions every day. Traders who have a limited amount of time to spend handling their trades, tend to cherry pick , focusing only on trades that will return around 3% or more. Traders who are online all day (and sometimes all night) might be prepared to handle a lot of trades with less return on investment, especially if their investment capital is large enough to enable them to cover all the possibilities.

So which are the sports that come up with the best arbitrage trades? Soccer is one of the best, because there are thousands of matches played around the world every month. There are also always arbs to be found in tennis and some pretty generous pairs can be found for the active sports arbitrage trader. Another favourite is snooker. Games can last a long time yet the odds spread can be high and justify the slow cash turnover.

Another excellent team game in which to find good arbs is cricket, especially the one day events which only have winners or losers. The traditional three or even five day tests are less popular as they tie up money for a long time. You can usually find good arbs on the result of a series, but for that you need to be especially patient and tie up working capital for a month or more.

US Football has always been a good source for lucrative arbs, especially the divisional championships, some very large discrepancies between sportsbooks arising on a regular basis. This often comes about when a North American odds-compiler sets the odds on a result based on inside information that their European rivals are unaware of, creating some "to die for" arbitrage opportunities.

Another opportunity to find good pairings is Golf. There are often great opportunities to be found, each and every week, in the two and three ball matchups, played from either eighteen holes and up to seventy two holes. The jewel in the crown in golfing arbs is the match play events where golfers compete one on one. The Dunhill Cup and the World Match Play championships are events that have succeeded in putting a smile on the face of even the most cynical of sports arbitrage traders.

There are many other sports where arbs are created:

• Rugby
• Snooker
• Boxing
• Basketball
• Baseball
• Ice Hockey
• Darts
• Special events (Big Brother, Olympics, Election results etc)*

* A popular misconception is that arbitraged trades are restricted to sporting events only. It is possible to find arbs in any situation and online bookies like to have their punters betting on as many events across a broad spectrum. If you have the right software, it will find you the arbitrage opportunities.

If you are serious about making money as a sports arbitrage trader then investing in the most powerful software you can find is the key to unlimited profit opportunities and financial success. The ability to discover and keep track of trades automatically is a must for anyone who wants to take this unique tax free money earning opportunity to its limits.

ArbAlarm – Sports arbitrage software for professionals
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