No, you do not need to reside in the UK nor have a bank account in the UK in order to become an arb trader.
Anyone residing in a country where online sports betting is legal can become a sports arbitrage investor, because you are simply placing a series of bets via the Internet.
The most popular method of depositing into a bookmaker account is by debit or credit card, which most people have access to. Besides those methods you can also deposit via e-wallets such as PayPal, NETELLER and Skrill, so a bank account is not a necessity.
Back to our sports arbitrage frequently asked questions.
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