Tips / Mistakes to Avoid
Should I round the bets or not?
Yes, try to round the bet amounts to get rid of cents. For example place $16 instead of $15.78 Some bookmakers like Betcity do not like arb traders and limit your maximum stake amount if they find out about arb activity! If you round your bets they will look "natural" so there is no way to detect and block them!
What if the odds change when I try to place a bet?
This often happens with the big arbs, and sometimes short time before the start of the event. In case the odds increased - no need to do anything, just enjoy extra profit.
In case the odds have decreased:
* If you are using the main software - check for the Minimum Odd value. If your current odd is less than Minimum - do not place such arb, simply ignore it.
* If you are using the Arb Finder you can enter the new odd value in the PlaceBet popup to see if you still have profitable arb and what the new stake amount is.
* You can also use Arb Generator Bonus to recalculate Arbs easily with the new odds.
* In the worst case when you placed one bet on first bookmaker but could not get a good odd on the second bookmaker - still place a second bet to reduce any potential loss. In this case you can only lose 1-2% which is no problem but not the whole capital.
In case the odds have decreased:
* If you are using the main software - check for the Minimum Odd value. If your current odd is less than Minimum - do not place such arb, simply ignore it.
* If you are using the Arb Finder you can enter the new odd value in the PlaceBet popup to see if you still have profitable arb and what the new stake amount is.
* You can also use Arb Generator Bonus to recalculate Arbs easily with the new odds.
* In the worst case when you placed one bet on first bookmaker but could not get a good odd on the second bookmaker - still place a second bet to reduce any potential loss. In this case you can only lose 1-2% which is no problem but not the whole capital.
What to do with the FAKE ARBS? Why do they happen?
Sometimes you may get fake arbs (for example when the real odds are lower than shown in software). It is not a bug of our software. Let me explain why it happens.
Our server scripts scan over 17,000 teams/players in over 50 bookmakers in real time. It involves an extremely high number of calculations. Sometimes, especially few minutes before the event, the bookmakers tend to update their odds very quickly (sometimes every minute) so there is no way for the grabber to catch up with that. This slight delay may produce a fake arb. This is not a problem. If you encounter a fake arb, simply ignore it!
Another reason for the fake arbs: as you know big arbs like 20-70% dont stay long. Usually they only stay for 5-30 minutes. So for example if you found such arb 1 minute before it expires - you simply dont have enough time to place it - so it becomes "fake arb" for you. Thats why it is recommended to start practicing with smaller arbs like 0.5-2% because they stay much longer and you have more time to practice and learn the system. Trust me, once you get comfortable with the system you will be able to grab big arbs and place bets in just 30 seconds!
Another reason for fake arbs to appear - some of the bookmakers dont like people winning money with arbitrage so they post fake odds and sometimes even fake matches to mislead and confuse our spider scripts. We track such activity of bookmakers and make the corrections in real time to our scripts to get around it so you dont get more fake arbs.
Our server scripts scan over 17,000 teams/players in over 50 bookmakers in real time. It involves an extremely high number of calculations. Sometimes, especially few minutes before the event, the bookmakers tend to update their odds very quickly (sometimes every minute) so there is no way for the grabber to catch up with that. This slight delay may produce a fake arb. This is not a problem. If you encounter a fake arb, simply ignore it!
Another reason for the fake arbs: as you know big arbs like 20-70% dont stay long. Usually they only stay for 5-30 minutes. So for example if you found such arb 1 minute before it expires - you simply dont have enough time to place it - so it becomes "fake arb" for you. Thats why it is recommended to start practicing with smaller arbs like 0.5-2% because they stay much longer and you have more time to practice and learn the system. Trust me, once you get comfortable with the system you will be able to grab big arbs and place bets in just 30 seconds!
Another reason for fake arbs to appear - some of the bookmakers dont like people winning money with arbitrage so they post fake odds and sometimes even fake matches to mislead and confuse our spider scripts. We track such activity of bookmakers and make the corrections in real time to our scripts to get around it so you dont get more fake arbs.
BetFair: Tips
Betfair is one of the best trusted bookmakers. Top choice for arbs. A In SBR Rating Sportsbooks. Several things you need to know about it:
* Place bets on Back not on Lay
* Soccer is called “Football” here. Don’t be confused.
* Dont forget about 5% commission in betfair for new players. It reduces when you bet a lot. With 5% commission do not place arbs less than 2.5% profit with betfair.
* Place bets on Back not on Lay
* Soccer is called “Football” here. Don’t be confused.
* Dont forget about 5% commission in betfair for new players. It reduces when you bet a lot. With 5% commission do not place arbs less than 2.5% profit with betfair.
Bookmakers: Safety of funds tips
Our Bookmakers Reviews & Rating has all information you might need about the supported bookies. Take a special attention to SBR Rating. SBR is a special authority that tracks bookmakers since 1999. A and B is a good choice. C is average choice. D is for small bets only (less than $2000). F is a scam to avoid.
If you place bets like a normal player and round the bet amounts you should not have any issues with the bookies. In the worst case when you win too much the poor bookmaker (C/D rating) can close your account and send your deposit and winnings back to you. This often happens when people become greedy and try to win too much! Stay under radar and you wont have any problems!
If you place bets like a normal player and round the bet amounts you should not have any issues with the bookies. In the worst case when you win too much the poor bookmaker (C/D rating) can close your account and send your deposit and winnings back to you. This often happens when people become greedy and try to win too much! Stay under radar and you wont have any problems!
Tips on placing the arb
When you are just starting arb betting you should double check everything:
* double check the odds on arb you have are for the correct bets.
* double check when the game will be played.
* double check the minimum stake limit if you are a small player or maximum stake if you are a big player.
* double check you have the right game in the right league with the right teams.
* double check that the odds at the bookmaker are the odds reported by the arb.
* If they aren’t, double check any re-calculations you make if it is still an arb.
* double check your bets. Have you placed the right amount in order to maximize the arb?
If, after all of that checking everything is still in order, then you very quickly take one reliable bookmaker to the final confirmation page. Go to the second bookmaker and submit that bet. Wait the 2 second to make sure that bet has been accepted. As soon as it has been accepted submit the bet at the first bookmaker.
* double check the odds on arb you have are for the correct bets.
* double check when the game will be played.
* double check the minimum stake limit if you are a small player or maximum stake if you are a big player.
* double check you have the right game in the right league with the right teams.
* double check that the odds at the bookmaker are the odds reported by the arb.
* If they aren’t, double check any re-calculations you make if it is still an arb.
* double check your bets. Have you placed the right amount in order to maximize the arb?
If, after all of that checking everything is still in order, then you very quickly take one reliable bookmaker to the final confirmation page. Go to the second bookmaker and submit that bet. Wait the 2 second to make sure that bet has been accepted. As soon as it has been accepted submit the bet at the first bookmaker.
How to find event/league if I dont follow sports?
I dont care about sports too. I care about making money here.
In case you cant find event or league or the team name is spelled wrong by the script, especially in soccer where they have a lot of leagues (for example UEFA - Europa League Soccer, England - Premier, Germany - Bundesliga 2 etc) it's easy to use Google.
Just type the match into google. In this format: Tvente vs Zenit 10 march
then the first result is a website uk.soccerway.com which gives you all info on this match:
Twente Zenit (UEFA Europa League). This way you can find any match in 2 clicks :)
In case you cant find event or league or the team name is spelled wrong by the script, especially in soccer where they have a lot of leagues (for example UEFA - Europa League Soccer, England - Premier, Germany - Bundesliga 2 etc) it's easy to use Google.
Just type the match into google. In this format: Tvente vs Zenit 10 march
then the first result is a website uk.soccerway.com which gives you all info on this match:
Twente Zenit (UEFA Europa League). This way you can find any match in 2 clicks :)
Start with small profit arbs first to practice!!!
As you know big arbs like 20-70% dont stay long. Usually they only stay for 5-30 minutes. So for example if you found such arb 1 minute before it expires - you simply dont have enough time to place it - so it becomes "fake arb" for you. Thats why it is recommended to start practicing with smaller arbs like 0.5-2% because they stay much longer and you have more time to practice and learn the system. Trust me, once you get comfortable with the system you will be able to grab big arbs and place bets in just 30 seconds!
