Searching for information about arbitrage betting is the first step for learning this smart betting strategy. You can find tons of information on blogs, forums, and also youtube videos. One of the first questions you can meet about arbitrage betting while learning is the following:
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Is arbitrage betting still possible and worth trying?
The short answer is that arbitrage betting is still a very profitable income source. It is worth trying, you can make serious money from it. Bookmakers are making it harder and harder to make money from arbitrage betting. If you are dedicated and you learn, you can do it for a living too.
Keep reading for the ups and downs of arbitrage betting.
Those bettors who have the intention of doing arbitrage betting, or any kind of smart betting technique for a living and the long term, have to dive deeper into the betting industry.
If you want to be an arbitrage bettor for a living, and you want it to be your main income source you need to know all the pros and cons of arbitrage betting.
The more you read about smart betting the more feedback you will get about how hard it is these days, and how fast bookmakers are limiting bettors.
You may hear that no matter if you are placing obvious arbitrage or value bets if you are a winner, you will face the hammer of the bookmakers.
Limiting stakes to 0 at an arbitrage bettor is the end of their betting career at that bookmaker.
You might ask yourself, after hearing these negative opinions, is arbitrage betting still possible and profitable for the long run? Or this smart betting technique is just for making it for side income?
I can assure you that from arbitrage betting it is still possible to make serious money. You won’t find a lot of people bragging about their income from this, because most of them don’t like to share any information.
Everyone wants to keep their arbitrage betting strategy a secret to make it viable in the long run.
The more unique the betting strategy you have the harder it is for bookmakers to flag your account. Most arbitrage bettors are following scanners services to get opportunities for making money on those wrong odds.
Bookmakers have a lot of algorithms and tactics to find those smart bettors. If you are using those arbitrage scanning services for pre-match you probably will meet those limitations faster than you would think.
However, in live betting bookmakers are not so fast in adjusting odds. They are making mistakes more often, this way creating arbitrage bet opportunities without realizing it fast enough.
How can you make sure they won’t limit you too fast?
In this article about how to avoid limitations, you can find a more detailed description with a lot of tips.
But I will turn back to the more unique arbitrage betting strategies. Any betting style or market choice that is different from those simple arbitrage bettor actions will increase your chances to make arbitrage betting for a longer time.
In this betting industry, there are a lot of bettors who are placing arbitrage bets and value bets for long years.
The experience they gain in these years is allowing them to find out new betting possibilities. They can notice trends in sports or markets that a beginner can’t, and they are building social networks and share betting secrets.
This is the way I get some valuable information from time to time, which allows me to stay in business.
The other thing that makes arbitrage betting still possible for the long term is increasing your social network. This strategy is kind of a “gray hat” solution for getting new accounts from friends and family.
Another way of arbitrage betting, in the long run, is a more advanced one. Making money with the help of bots, scripts are getting a bigger and bigger role in the betting industry.
Arbitrage and value betting recurrent tasks can be automated with these softwares. You would think that it needs a lot of knowledge about betting and about coding too for making software like this.
But to be honest, if you are interested in computer sciences and you have a basic knowledge of coding, you can start building a betting bot.
You won’t succeed too fast, but the internet is full of information, you just need to find what you need for your project.
For those who are just starting to learn arbitrage betting, I would suggest not to take it too seriously from the start. Don’t bust all of the good bookmakers for arbing after arbitrage scanners.
The best you can do is to start small, make it your side income. Do everything to delay limitation as much as possible.
Learn every day and everything about arbitrage betting by reading forums and trying to speak with others with more experience.
Relying only on arbitrage betting as the main income source is very risky if you are not experienced enough. But in the long run it worth learning this way of making money.
If you are willing to take more risks, a better way of making money from sports betting is value betting. With this strategy, your accounts will last longer.
You will have to accept the risk that sometimes losing your money is normal in the long run.
Why will arbitrage betting be possible and profitable in the future too?
The competition between bookmakers is still quite high. Almost all of them are offering good deposit bonuses or free bets, which is offering a good income source for matched bettors too.
This high competition is forcing them to offer better odds, faster stream, faster updating odds. The competition is allowing us smart bettors to take advantage of these differences between bookmakers.
As long as there will be bookmakers with different odds providers and different ways of calculating odds, arbitrage betting will be possible among other smart betting techniques.
The only way of stopping these differences and mistakes between bookmakers would be the unlikely case when all of the bookmakers would have the same provider.
Is arbitrage betting worth it for you?
I think the answer is more complex than a simple yes or no. In my experience arbitrage betting is not for everyone. Your earnings from this betting strategy can be very different from those saying that it is very profitable.
For a side income, I think it’s a big mistake not to practice arbitrage betting. You would simply let free money on the table. Arbitrage betting combined with matched betting is a perfect income source for anyone.
Generally speaking, if you learn enough, arbitrage betting is worth your time.
The main influencing factor of your possibilities is the country you are from. A lot of countries have very strict regulations about gambling and sports betting.
Those regulations can have a big impact on your possibilities. In some countries, only a few bookmakers have a license to operate.
In a situation like this, your possibilities are very limited to make good money from arbitrage betting. A lot of people are risking penalties and fines by registering at other bookmakers too.
In my experience, if you can’t make sure that your money or identity is untrackable, you should avoid arbitrage betting from your country.
About the profitability of arbitrage betting, I already wrote an article, but in this one, I would like to make you think a little bit.
What are your main goals with arbitrage betting?
For a side income, you can start it right now. If you have a job and you just want to make more money in your free time, do it. If you have more serious goals with arbitrage betting you might need to think about the following questions.
How much time do you have for learning arbitrage betting and researching it on a daily basis?
Do you have enough friends that could help you in getting new accounts if all of yours are limited?
Do you have access to a lot of bookmakers?
I think that if the answer is yes for all three of these questions, arbitrage betting can be a good way of making money.
The short answer is that arbitrage betting is still a very profitable income source.
Your earnings from this betting strategy can be very different from those who are saying that it is very profitable.
The competition between bookmakers is still very high. All of them are offering wrong odds a lot of times.