 |
Further
Reading ...
|
|
7 Things You Must Do If You Want To Increase Your Traffic - Jo Han Mok
Gary Halbert once said that the ONLY advantage he wanted when it came to selling burgers was not a better sauce, or better grade of beef, but a STARVING CROWD. It's a simple concept, but not many people get it. #1. Find and Know Your Starving...
Rules for Simplified Employee Pension Plans better known as a SEP Plans - Daniel Lamaute
A SEP is a special type of IRA. Under a SEP plan the employer creates an IRA account for each eligible employee, hence the name SEP-IRA. A SEP is funded solely with employer contributions. Employees do not make contributions to their SEP-IRA...
The Convenience Of Prepaid Wireless Service And Phone Cards - Mike Yeager
Prepaid wireless service and phone cards are a convenient, reliable way to make prepaid local, long distance and international calls. In the old days it was very expensive and almost prohibitive to make a call overseas, especially to countries...
How To Find The Best Business Opportunity! - Jon Kogan
There are hundreds of thousands of home Internet business opportunities and it is impossible to discern which one is an honest one. Keep in mind that all the honest opportunities are offered free. If you find one that asks you to pay in order to...
|
|
|
A Unique Way To Generate Consistent, Guaranteed Profits
|
 |
Written By:
Daniel Tong
|
|
|
A Unique Way To Generate Consistent, Guaranteed Profits
By Daniel Tong
-Free article download and redistribution rights information at www.arbitrage-profits.com/article.htm
----------------------------------------
Are you happy with the returns you are receiving on your hard earned money? Like most people, you probably want your money to work harder for you.
You will be surprised to learn that you can actually do better, in terms of returns on funds employed and safety, than most fund managers - by using a little known technique called sports arbitrage.
Does arbitrage involve clairvoyance and being able to forsee the future? Does it involve complex modeling to predict the outcome of a sporting event? No, it is none of these. Arbitrage is soundly rooted in the logic of mathematics. You do not have to be a sports expert or rocket scientist to be successful at arbitrage.
Arbitrage is well known in the financial markets. Arbitrage transactions are taking place all the time in the dealing rooms of large institutions. Unfortunately, ordinary investors will never have access to these arbitrage opportunities.
In contrast, arbitrage opportunities in sports betting are accessible to every sports bettor.
With the phenomenal growth of online sports betting in recent years, anyone with a computer and internet access can now act on arbitrage opportunities in the sports betting markets. Many 'arbs' are of short duration and difficult to act upon unless you are constantly monitoring the markets or your email box for 'arbs' alerts! However, there are sufficient numbers of sizeable and stable 'arbs' ( lasting several hours or more) to make this an extremely profitable exercise, without requiring a great deal of time or effort on your part.
A small paradigm shift is all that is needed to appreciate the beauty of arbitrage - a 'sure win' situation and profits without involving any risk.
Every one wants quick windfall profits but look at the huge risks we often take - knowingly or unknowingly. The sad fact is that many honest, hard working investors have lost enormous amounts of money in the stock markets during the past few years.
Sports arbitrage is easier and safer than the stock markets and more profitable than bonds or bank deposits.
Putting on an arbitrage transaction is a 'no brainer' as compared to doing a trade in the stock, commodities or currency markets. After all, how stressful can it be when you have a situation where a profit is assured -regardless of which team or player wins!
Each arbitrage opportunity is unique and the profit margin will vary. It is entirely up to you to select those 'arbs' which you wish to put on - simply ignore those that do not meet your profit expectations.
You may ask "If there is a guaranteed profit, why not bet the farm?" Good question. The answer is "No" because all sportsbooks have betting limits. This effectively limits the size of the arbitrage transactions we can put on. As the sportsbooks have a thin edge over the - continued below ...
|
|
|
continued ...
bettors, the ''Law of Large Numbers'' will work to their advantage in the long run - the sportbooks actually prefer numerous small bets over a few large bets!
The profit margin on arbitrage transactions is typically in the 1% - 5% range, although larger profits are not uncommon. 3% net profit a transaction lasting 2 or 3 days may not seem like much but because it is risk free, it quickly adds up. Remember, there are no losses to set you back. Consider this : 1% profit for each day money is invested is equivalent to 365% return on an annual basis - an excellent return by any measure.
With arbitrage, you let the Law of Compounding work its magic.
Of course, no one can predict the number of arbitrage opportunities which will occur. Suffice to say that with thousands of sporting events occurring all year round, there is an abundance of arbitrage opportunities.
Is there a possibility, however slim, of default by a sportsbook? Yes, and you should be prudent in the selection of the sportsbooks that you will deal with. Bettors are spoilt for choice as there are many well established and reputable sportsbooks (particularly UK and Australian) to choose from. Of course, you may not always get the best odds when using these established 'names' but this is a small price for safety and reliability.
The arbitrage strategies are completely legal and in many jurisdictions where the sportsbooks are located, the winnings are tax free. As sportsbetting takes place globally, you are responsible for tax liabilities (if any) on winnings remitted.
There is 'no slippage' or other hidden costs. Other than the occasional cost of transferring funds to and from your accounts, there are very few costs associated with arbitrage transactions. You will need to pay for your internet connection ( which most people have any way for email , web surfing, VOIP) and an 'arbs alert' service if you decide to use one. There are no brokerage fees, stamp duties or expensive data feeds. Real time data on prices is available on the web sites of the sportsbooks. There is also no need to be glued to the computer screen all day! It only takes a few minutes to check and put on an arbitrage transaction.
In the span of only a few years, online sports betting is about to become a billion dollar industry. Where there are markets, there will always be arbitrage opportunities. Have no fear that your knowledge of arbitrage techniques will ever become obsolete.
Daniel Tong
http://www.arbitrage-profits.com
*You have permission to publish this article in your ezine or on your website, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated.
****************************************
Risk Free Profits With Sports Arbitrage
Download your free Sports Arbitrage Minicourse and
ArbHunter software
http://www.arbitrage-profits.com
****************************************
About the Author
None
|
|
|
|
 |
|
|
| _Additional Resources ... |
|
Why Great Companies Survey: Martian Logic! - Harald Anderson
If an alien civilization from Mars was planning a friendly takeover of our planet they would seek to make sure they understood our way of life and our way of thought. The only way they could accomplish their objective would be by asking...
Home insurance: premium protection in case mishap takes a rain check - Natasha Anderson
My whinstone house my castle is, I have my own four walls. This is truth for every home owner. Your home, your castle, your prized possession, your territory - which is certainly more than four walls. You would do anything to protect it against...
Exciting Ways to Make Saving Money Fun - Sarah Delaporte
Saving money is not always easy, but approached the right way it can become a hobby that's enjoyable as well as beneficial. I am going to share some steps I have found to stretch your finances AND enjoying the process. TIP 1: Relax. :) Relax,...
|
|
|
|
|
|
|
|
|
|
