A real sports arbitrage opportunity from 28th March 2017 is shown below:
A correctly staked investment of £1,000 guarantees a return of £1,043.38 no matter the outcome. That's £43.38 profit due to discrepancies in the bookmakers' odds, guaranteeing a 4.338% profit on your investment in under 24 hours!
The above information tells us that a betting market exists on the NBA Basketball Match (Money Line) between Charlotte Hornets and Milwaukee Bucks. It also tells us that Boylesports have odds of 1.666666 for Charlotte Hornets, and that Marathonbet have odds of 2.79 for Milwaukee Bucks.
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 4.338% 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. £626.03 invested on Charlotte Hornets returns £1,043.38, and £373.97 invested on Milwaukee Bucks returns £1,043.38.
£626.03 x 1.666666 = £1,043.38
£373.97 x 2.79 = £1,043.38
Risk free profit = £43.38
Our members have access to several arbitrage calculation tools that automatically calculate the size of the arbitrage opportunity AND how much to stake on each selection!
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