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Question

Can you show me a working example of a sports arbitrage opportunity and how the investment would be staked?


Answer

A real sports arbitrage opportunity from 24th February 2017 is shown below:

Real Life Example Arb:



Spanish LEB Oro Basketball Match (Money Line)

Caceres » 3.45 (Marathonbet) » £303.03 returns £1,045.45
Melilla » 1.50 (William Hill) » £696.97 returns £1,045.46

Total arb / surebet profit : 4.545%

A correctly staked investment of £1,000 guarantees a return of £1,045.45 no matter the outcome. That's £45.45 profit due to discrepancies in the bookmakers' odds, guaranteeing a 4.545% profit on your investment in under 24 hours!

The above information tells us that a betting market exists on the Spanish LEB Oro Basketball Match (Money Line) between Caceres and Melilla. It also tells us that Marathonbet have odds of 3.45 for Caceres, and that William Hill have odds of 1.50 for Melilla.

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 4.545% 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. £303.03 invested on Caceres returns £1,045.45, and £696.97 invested on Melilla returns £1,045.46.

£303.03 x 3.45 = £1,045.45
£696.97 x 1.50 = £1,045.46

Risk free profit = £45.45

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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