This minicourse has been written to provide you with an introduction to the principles involved in sports arbitrage. Click here for your Trader Pack which includes a copy of the Hardback Publication 'Sports Arbitrage - How To Place Riskless Bets and Create Tax-Free Investments' by Rajeev Shah
SHOULD I USE ARBALARM TO FIND MY ARBS?
There are a number of compelling reasons to use software to help you locate arbitrage trades:
Increased profits
There is no doubt that if you use ArbAlarm sports arbitrage software properly you will make much higher profits than without.
Saved time
Using ArbAlarm will help to save a lot of time. If you can rely upon the software to do the searching on your behalf,it frees you up to look in other places or do other things.
Provide tip-offs for other trades
This is a much overlooked benefit but it is something which almost every professional trader uses. When ArbAlarm sends you an arbitrage trade, it very often provides tip-offs about other possible trades. For example, a soccer arbitrage trade may contain a price which you can use in a betting-exchange strategy instead of the arbitrage trade of which you have been notified. The key issue is that the software is going to bring this to your attention faster than any other method of research. ArbAlarm sports-arbitrage software also allows you to choose to receive break-even trades i.e. those where the prices add up to 100% and this can be used to great effect when using bonus-hunting techniques
Act as an early-warning for price-releases
ArbAlarm sports-arbitrage software allows you to be the first to know when a bookmaker has posted new prices on-site. This early-warning system can be of great advantage in trading strategies that require you to analyse new prices as soon as possible.
Provide useful stats
ArbAlarm's site provides very useful statistics. It shows you how many arbs each bookie has had in each sport each month. This is extremely powerful for research as it lets you see exactly which accounts are the most important each month. Many professional traders use this to decide where their funds should be placed ready for trading each month, and you should certainly make this a site you check regularly.
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So, now you have an overview of how your project can start to take shape, let's take a look at a technique that you can use to reduce costs trading costs...