Alternative ways to make money online, SPORTS BETTING ARBITRAGE
Probably some of you have heard of this, and as hard to believe as it may sound, it's absolutely true.
YOU CAN MAKE MONEY RISK FREE BETTING ON SPORTS.
97% of bettors lose money on the long term, and that's what they say the house always wins.
Nonetheless, there's a small percentage of people who earn money investing in sports bets, and some of them are even able to make it without the risk of losing money.
**SO, ¿WHY DO 97% OF PEOPLE LOSE MONEY BETTING ON SPORTS? **
The answer to this question is very simple, and the key to this is that most people gamble instead of investing.
What I mean by this is that most people place their bets out of emotions, instead of analyzing the value of their investments.
The truth is that bets are no different to any other kind of investment, where you make a prediction upon something, with a certain possibility of being right, and a given reward in case you are.
In fact, a big advantage that betting has over other ways of investing, such as placing money on cryptocurrencies or in the stock market, is that you will have a fixed reward in case you chose the right outcome, and know exactly what you are risking and what you can potentially make out of your investment.
¿HOW IS IT POSSIBLE TO MAKE RISK FREE MONEY FROM SPORTS BETTING?
The answer to this question is very simple, and it is through ARBITRAGE.
Arbitrage consists in guaranteeing a risk free profit, by buying something and immediately selling it at a higher price.
In case of sports bets, what we do is look for a sports book (bookie) who offers a significantly higher odd (payout) than the rest to a given outcome of an event.
This way, we can bet on all possible outcomes, in different bookies, and guarantee a profit for ourselves, NO MATTER WHAT HAPPENS.
In fact, you don't even need to watch or be a fan of any sports event, as IT DOES NOT MATTER WHO WINS.
In order to make it simple to understand, mainly for those who are not familiar with betting, we will use an example:
We've got a basketball game between Lakers and Cavaliers.
Bookie A is offering the following odds (payouts):
Lakers: 1,95
Cavaliers; 1,85
Bookie B is offering the following odds:
Lakers: 1,60
Cavaliers: 2,30
If you would chose to bet 100$ on Lakers to win, at Bookie A, you would get the following payout in case they won:
1,95 * 100 = 195$
At the same time, if you chose to bet 84,78$ on Cavaliers to win, at Bookie B, you would get the following payout in case they won:
2,30 * 84,78 = 195$
As you can see, your total cost is 184,78$, while your return is 195$ NO MATTER WHO WINS.
Therefore, your risk free profit would be 10,22$ (5,53% of your initial investment of 184,78$).
¿IS IT LEGAL TO BET ON ALL OUTCOMES OF A GIVEN EVENT? ¿WHY DON'T PEOPLE DO THIS?
Of course it is 100% legal, and in fact, there are more people making money out of this every single day.
If you are interested in making money with RISK FREE INVESTMENTS in sports betting, through arbitrage, I am more than willing to help you out.
In fact, if I get enough interest in this topic, I am willing to teach you step by step, completely free, how to do it, including theory and practice.
I will show you examples with real proof from my experience in this journey, which has already gone for over 5 years, and has given me real FINANCIAL FREEDOM.
This is amazing post, but unfortunately I hear about it very late.
In sports betting, as in other gambling games, it is really very important not only to choose the right bookmaker, but also to adhere to certain online betting rules, whereas for football you can do them very successfully https://footballbettingguide.co.ke/ will help you do this with its functionality and bonuses.
Hey @eltapatio what do you think about my prediction for tonight's champions league game?
https://steemit.com/championsleague/@killabeezh/manchester-united-vs-sevilla-and-roma-vs-shakhtar-champions-league-predictions
Looking forward to seeing your experience with sports betting arbitrage. Definitely a winning formula.
The problem for a lot of people is that online sports betting has been made illegal so its hard to open many accounts at different bookmakers.
It is a true problem among many locations, where betting is either banned or highly restricted, for example in most states from USA.
My experience comes entirely from European and Latin American countries.
Anyways, there are always alternatives (which I intend to mention in future posts on this topic), and I'm sure that blockchain will provide a new opportunity for many of us.
I always thought that betting is a pretty risky, but very efficient way to make money at the same time. If you want to try it yourself then be sure to check out https://livescores.biz. Hope you will like it as well.
Ya its another way to make money online . yet some country's does not allow this sort of money making systems.
Thanks for sharing
You can check some of the posts of mine here
If you want to find a new income for yourself or you just want to have more money, then I have good news for you. You should try sports betting here https://footballbettingz.com/ because it really works, I am an example of this, it is possible to earn a lot of money, just remember that everything that you need isto be approached wisely.
Sounds really like a way to earn
Of course, if you have free time and desire, then you can make money out of thin air. For example, sports betting can really give you money if you choose a reliable bookmaker on https://www.mightytips.com/bookmakers/horse-racing-betting-sites/. There I found great sites that are related to horse races.
Sports betting arbitrage is a fascinating way to create a potential income stream online. By strategically placing bets on all possible outcomes, you can exploit the odds and create a risk-free profit. I've been placing bets mainly on tennis with my preferred bookmaker, 1xBet(https://1xbet.com/en/); their interface makes the process seamless. It's a thrilling experience to back your favorite athletes while also considering the financial side. I wonder how many of you have integrated technology into your betting strategies—like apps or tools to find those arbitrage opportunities? What’s been your greatest success in this area?