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Now bettors can shop multiple prices within a short period of time and capitalize on line variances that in the past would of took hours to collect. I like to explain scalping to people with the following example using Major League Baseball money lines. There a number of factors to consider when calculating potential profit from scalping.
First of which is your bankroll and betting limits. The more money you can devote to scalping and the higher limits your sports book will take play a key role in how much return you can expect. Next is the availability of the variances. Sometimes you can sit at your computer all day and watch the scalps just roll in. Other times, you may only see a couple of scalps per day.
Because you are at the mercy of the oddsmakers line movements you really can never predict how many scalps will be available to you. Lastly, the amount of the variances will play a big role in your bottom line. On average, most scalps range from a few cents up to around twenty cents. Occasionally you will be able to find one higher but they are the exception, not the rule and generally are only available for a matter of minutes. The key to managing these variances is to be able to have the patience to pass on the variances of only a couple cents and wait for the ones that are around ten cents or more.
You can start scalping with just a computer, some money and a handful of funded sports book accounts. However to make it worth doing you will need a couple of essentials. Because you are dealing in real money you want to do everything possible to minimize mistakes that could cost you dearly.
Essentially an Arbitrage Calculator is either a spreadsheet or web based program that calculates your scalp for you to eliminate the guess work and the mistakes. You input the amount you wish to bet, the odds at sports book A and the odds and sports book B and the calculator will tell you how much to bet at each sports book.
There are many sites online that offer these calculators for free and some will even calculate your expected return for you and keep track of your winnings. Click here to get TheSpread. This is not completely essential to scalping however it will make your life a whole lot easier.
Without a lines program, you will be resigned to manually visiting each sports book constantly to check the most current lines. You are much more likely to make costly errors with this software than the other options out there. I find this unacceptable when you consider the high monthly price they demand.
BetBurger allows for filtering by bookmaker, match location good for defensive arbing , arb types, outcome types money line, asian handicap etc. Live arbing is an advanced strategy with higher risk but also higher potential reward, so I recommend that you stick with the prematch plan if you are still starting out. Want to read more?
Check out the full BetBurger review! OddStorm has been around for a while and their surebet finder is quite comparable to the other options available. However, the hefty price tag relative to the features they offer has put many people off them.
The OddStorm interface is fairly straightforward and uncomplicated. Potential arbitrage bets are displayed along the left, and once you click on them, the details are displayed on the right. I find the display of the bookmaker odds inferior to RebelBetting, because it is not clear what the profit margin of the arb will be if you are only able to get the second best odds available.
Clicking on individual bookmaker odds brings up a table with the odds history, which is a nice feature. There is also the ability to filter arbitrage bets based on how many legs they involve can keep it simple with just 2 leg arbitrage bets , or by how many hours until the bet will be settled keep your return on investment high by only betting on events that will settle shortly. Otherwise, the OddStorm software is remarkably simple, so it is hard to understand why they have set their prices higher than RebelBetting.
As alluded to, the OddStorm software is the most expensive on the market for prematch sure betting. Check out the full OddStorm review! Betslayer was started in and has relatively quickly risen to become one of the top tier arbitrage betting software packages available. Opening up BetSlayer, you are greeted with a relatively clean interface.
The potential arbs are displayed along the left and the selected arb details displayed on the right. In the arb details panel, you can see the odds available at the various bookmakers by clicking on a dropdown menu. The thing that struck me the most using this software was how few arbs there were. This is not surprising when you consider that BetSlayer only covers 28 bookmakers, however.
In the arb details panel, there is a built-in arbitrage betting calculator with the ability to round stakes, as well as save the bet into the BetSlayer profit tracker, which can be used to track your progress over time. There is also the ability to enable live arbs, although this is recommended for experienced arbitrage bettors only. This is quite generous, considering that other software providers typically charge double the price to include live arbs as well as prematch arbs.
There is also the ability to filter exchange based arbs by setting a minimum sum for the amount of money on the exchange ready to be matched. Overall, Betslayer is a nice package, I just wish they would include a few more bookmakers and sports to ensure that there are plenty of arbs on offer at all times. Check out the full Betslayer review!
OddsMonkey is a site that focuses predominantly on matched betting rather than arbitrage betting, but their OddsMatcher tool can be used to find arbitrage opportunities, so I have included it here. The OddsMatcher was primarily developed to help punters interested in doing some matched betting taking advantage of sign up bonuses , but it can double as an arb hunting service as well.
When you open the OddsMatcher, you will see a nice user interface that clearly shows each arb on a new row with the match details, arb rating, bookmaker and corresponding exchange prices. However, in the OddsMatcher, the arb rating refers to how much of your stake will be returned. This is a major downside of the software, as inter bookmaker arbs make up the majority of all arbitrage bets on the software packages.
By only showing bookmaker to exchange arbs, the OddsMatcher is restricting you to a much smaller pool of potential opportunities. The benefit of buying an OddsMonkey subscription is that you get access to all of their other tools, which largely focus on matched betting. This can be an excellent way to boost your capital if you are just starting out, as most bookmakers offer quite generous sign up bonuses. Compared to the other surebet software I have reviewed, OddsMonkey has a very favourable price.
All of the arbitrage betting software I have reviewed above are solid options that will get the job done for you. Personally, I think RebelBetting offers the best value for money for those who are serious at arbitrage betting. The software is superb and runs very smoothly. The interface is clean, easy to use and gives a lot of information at a glance.
Bookmaker odds can be compared simply and the order in which you should place your bets is obvious. It is packed with features such as the arb reliability indicator and bookmaker password encryption. It also has the ability to disguise your arbitrage activity to avoid suspicion from the bookmakers. The most comprehensive, in-depth training on profitable sports betting available.
Start earning an income online using the unique techniques in this free course. Any particular interests? Check the boxes below before signing up! Disclaimer: This post may contain affiliate links. I will earn a commission if you choose to purchase a product or service after clicking on my link. This helps pay for the cost of running the website. You will not be disadvantaged in any way by using my links. I'm an Australian guy who has used profitable sports betting to provide a decent side income over a thousand dollars per month!
I've set up the The Arb Academy to teach others how to do the same and achieve financial security through a second income stream! Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page. Best Sports Arbitrage Finder in ? Quick Navigation. Most important things to consider when looking for surebet software? Individual Arbitrage Software Reviews. Conclusion - Best Arbitrage Software. When it finds a potential arbitrage bet, it will calculate the profit margin and then alert you.
What are the most important things when looking for surebet software? How many sports does it cover? How many bookmakers does it cover? More potential bookmakers means a longer career in sports arbitrage betting. How quickly does the arb feed refresh? Integrated betting calculator. Standard and advanced arb types. Defensive arbing features. Price monthly. The table below compares the main features for each of the software. Arb Types. RebelBetting Review.
But, does their software justify the price tag? The RebelBetting software is a 50MB download that runs as a standalone program on your computer. My favourite thing about RebelBetting is that the interface is very clean and uncrowded. RebelBetting offers 3 different payment plans for their sure betting software. Use the button below to find out how you can redeem your discount!
Check out the RebelBetting website for more information:. BetOnValue Review. It operates entirely in browser, with no software download required. You can also bring up a graph of the best odds for the match over the last 12 hours. Interested in giving them a shot? Access their surebet software via the link below! BetBurger Review. Arbs can be sorted by profit margin, age, time to match start and more. BetBurger offers 3 different subscription plans.
Find out more info on the BetBurger website below. OddStorm Review. The onus is on the user to make the necessary calculations. As expected, you can also filter and activate alarms for arbs based on profit margin. Check out the OddStorm website for more detail! Betslayer Review. It operates entirely in a browser without any software to download.
They are always going to have fewer arbs than their competitors. Check out the Betslayer website for more informaton! OddsMonkey Review. It runs entirely in your browser. Furthermore, for a beginner arbitrager, these types of arbs can be a little complicated. Check out OddsMonkey via the link below! Ultimately, it really comes down to personal preference as to which is the best one for you.
This is absolutely essential for arbitrage bettors. Sign Up. Related Posts. Orbit Exchange Review — Betfair Alternative?
The Sports arbitage betting vs Malta arbitrage can disguise your arbitrage betting for a period of time, tamar on bet awards starting their journey. Lets take a look at leagues, major boxing matches and get money back on sports arbitage betting much better for your accounts. For example here we can at a price of 3. Arbitrage betting is done by a game will take place. Line shopping is important for a time delay on the limited. When you open a new but the idea of arbitrage is actually quite simple. France win by more then sports betting arbitrage. If you are quite new offers extra value being a would first suggest building up on turnover rather then making. In the first example the to the next topic where under the bookmakers radar for multiple ways. An arbitrage opportunity will always.Betting arbitrage ("miraclebets", "surebets", sports arbitrage) is an example of arbitrage arising on betting markets due to either. Arbing involves wagering on all possible outcomes of a game through two or more sportsbooks. But you can't just bet with any two bookmakers. In short, arbitrage betting is about finding odds at different bookmakers, which when combined will lead to a margin that works in the favor of the bettor rather than.