Can you show me a working example of a sports arbitrage opportunity and how the investment would be staked?
A real sports arbitrage opportunity from 7th January 2023 is shown below:
Real Life Example ArbBelgian Liga A Women's Volleyball Match
Tchalou W » 4.15 (Marathonbet) » £25.23 returns £104.70
Oostende W » 1.40 (Bwin) » £74.77 returns £104.68
Total arb / surebet profit : 4.685%
A correctly staked investment of £100 guarantees a return of £104.68 no matter the outcome. That's £4.68 profit due to discrepancies in the bookmakers' odds, guaranteeing a 4.685% profit on your investment in under 24 hours!
The above information tells us that a betting market exists on the Belgian Liga A Women's Volleyball Match between Tchalou W and Oostende W. It also tells us that Marathonbet have odds of 4.15 for Tchalou W, and that Bwin have odds of 1.40 for Oostende W.
By applying a simple mathematical formula to those odds, we are able to calculate that we can cover all possible outcomes of the match and make a guaranteed 4.685% return on our investment.
We would invest our money in proportion to the odds on each possibility. The amount to invest on each outcome is calculated using another simple formula. £25.23 invested on Tchalou W returns £104.70, and £74.77 invested on Oostende W returns £104.68.
£25.23 x 4.15 = £104.70
£74.77 x 1.40 = £104.68
Risk free profit = £4.68
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