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Sports Arbitrage; Who's The Joke On? - Sports - Nairaland

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Sports Arbitrage; Who's The Joke On? by grazoks(m): 8:05am On Dec 07, 2022
Sport arbitrage is legal of course but it annoys bookies so much that when they suspect it from you they begin to make all efforts to frustrate you giving you limits. The twist is that they hate it because arbitrage is their entire business. Bookies place bets more than any one and the interesting part is that they give the odds. Here let me explain briefly.

Assume in a particular football market X, there are two outcomes; A and B, with odds of 1.88 and 1.88 respectively; this is common with the even/odd market. Let the total amount of stake in the market be $200 with each event A and B staked on equally, that is $100 each. Let event A turn out positive, then B is negative, meaning the bookie keeps all $100 staked on the event B. However, the bookie has to pay those that staked on event A. With an odd of 1.88 and stake of $100, total winnings reading in the account of the successful punters will be $188. $100 will be returned, giving the bookie an $88 liability which is easily paid off from their winning in event B. Leaving them with the sum of $12. Now that's arbitrage, a win-win game.

The above event is if the odds and stake are equal. What if they are different? Same calculation applies. Bookies made money alot, made because now analysts are everywhere and the profit chart of bookies are not stable anymore. Hence virtual football had to come, giving punters more hope and enriching bookies more.

I trade the virtual sports market but in a different manner from other punters. Not the staking strategies messing with emotions. I want to teach it but you must be smart, if you are not then uhmm your money may work for you, but since I want you to be successful, you need understand it. And I am going to teach how to trade the virtual football market like a pro for FREE. Earning more and making minimal loses incase things go otherwise. Details in the flyer below.

Re: Sports Arbitrage; Who's The Joke On? by grazoks(m): 7:52am On Dec 08, 2022
Secret: Why the obvious is a losing game in virtual football.
This is what scare people from virtual football, but with no further Ado let's get to why and how you can beat them at their game.
Using a three-way market. Home-win/draw/away-win
Refer to pictures below.
The favorite team westham did not win neither did Newcastle win the match. Let's do a little calculation as to why the game went that way.
Assuming a total of N1000 was staked on that particular game (it is way more than 1000 naira but it's an assumption). Let's also assume 750 naira was staked on westham to win and a few wise people staked 200 naira for new castle to win and then the remaining 50 naira was on draw.
If westham united won the match, then the bookie will have to pay 750 x 1.52 = 1140. The total stake is 1000 so the bookie will be at a loss of 140
If New castle won the match, then the bookie will have to pay 200 x 5.75 = 1150. The total stake is 1000 so the bookie will be at a loss of 150
If the match ended in a draw, then the bookie will be liable for 50 x 4.65 = 232.5. the total stake is 1000 and they get to keep 1000 - 232.5 = 767.5 to themselves as profit.
You'll never see the market same way again. And when I am done with you, you'll be wiser.
So how do you track this movements and know when to enter trade? You can actually read the movements of the market. You stand out from the crowd knowing how to stake and how much to stake.
I am going to be teaching this virtual football trading system for FREE. Details are on the flyer.

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