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Step by Step Guide to Becoming a Sports Betting Arbitrage Trader |
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 1. Decide how you would like to receive our Sports Betting Arbitrage Alert Service to best suit your needs and lifestyle. You can choose any or all of the following: -
Fax
SMS to your moblie phone
Email
Login to our Members Area
2. Join Our Service and set up the filters for periods you wanted to be alerted and to exclude those bookmakers you don't want to deal with.
3. Open accounts with the major bookmakers on our list so that you ready to act quickly. It isn't necessary to fund the accounts until you need to use them.
4. Which opportunities do you intend to take up?
- Those opportunities within a certain time frame each day. Say 4:00pm to 6:00pm?
- Those opportunities in certain sports.
- Those opportunities offering a specific minimum return. Say greater than 4%?
 5. Determine you exact strategy
- How much capital do you intend to invest in total?
- How much do you intend to invest in each arbitrage opportunity? Don't use your entire bank on a small arb or one that doesn't take place too far in the future. Save some capital for to take advantage of the big ones and aim to turnover your bank quickly.
6. Do you intend to follow our Rick Alert Service?
If so it is recommended that you create a seperate betting bank from the one used for Sports Betting Arbitrage.
Determine in advance how consertive or aggressive you would like your stakes to be according to your own profile.
A reasonable staking strategy is to stake 5% of this bank when the price is 5/1 (6.0) or less, 2% of your bank when the price is between 5/1 (6.0) and 20/1 (21.0), and 1% of your bank when the price is greater than 20/1 (21.0).
You may wish to draw down profits when you meet certain targets. A reasonable strategy might be to take out your original investment when it has tripled in size.
 7. Whatever strategy you settle on, stick with it!
There will be excellent runs when greed will tempt you to be more aggressive and similarly there will be lean periods when you feel like giving up. Each of these situations is equally dangerous. How you handle these times will determine your level of success.
8. Maintain accurate and complete records of all your transactions. | |
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| UK Bookmakers |
| Bet365-UK |
| SportingOdds |
| Bluesq |
| SportingBetUK |
| Ladbrokes |
| WillHill |
| Eurobet |
| StanJames |
| Tote |
| VictorChandler |
| UKBetting |
| Totalbet |
| StanleyBet |
| BetInternet |
| Bet247 |
| PremierBet |
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| US Bookmakers |
| SportsInteraction |
| EasyBets |
| Yabet |
| SportingBetUSA |
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| Euro Bookmakers |
| BetandWin |
| Gamebookers |
| Intertops |
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| Other Bookmakers |
| CentreBet |
| PaddyPower |
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