In the week of October 7th there were many arbs sportween 3% and up 9.17% for the European Championship Qualifiers played that week. Several of these sport arb opportunities lasted longer than normal because of the massive amount of interest in the games.
An example of one sport ark that week is given below: –
Poland Vs Latvia You could sport: – Latvia at 15.0 with Sport365 or Eurosport The Draw at 7.0 Luvsport Poland at 1.35 with several bookmakers including Unisport.com and Nordic 무료스포츠중계. The odds have been converted to a percentage to make it easier to visualize.
By splitting your total stake Poland 77.951%, Draw 15.033% and Latvia 7.016% you would guarantee a profit of 5.23% regardless of the outcome of the match.
Why do these pricing inconsistencies or under round prices occur?
As bookmakers can now operate online, there are now hundreds of online fixed odds bookmakers. They are all competing with one another and are located in various countries and time zones. To be the person who actually prices a particular sportsbook you have to have a massive amount of knowledge of that sport. To compete, fixed odds bookmakers offer loads of sports in their sportsbook, but there isn’t the expertise to cover every sport. They may have the relevant stats but they can’t possibly know every participant and every event. In short mistakes can and do happen. Taking this into account and the difference in time zones you get hundreds of opportunities for sports arbitrage trading every week.
Take two examples.
When England play soccer most sports with UK bookmakers will be supporting England. Bookmakers may offer the opposition at an inflated price to create a balanced book.
A typical week with four golf tournaments and a couple of tennis events bookmakers may have to price up 800 or so outright odds plus over 400 matches just in these two sports alone. We only need two bookmakers from the many available to have a difference of opinion in one of these markets to create an opportunity.