Sports Arbitrage World Outlook: February 2009
One month into the new year and reports from traders for January indicate that the start of the year has proved extremely rewarding for sport arbitrage trading. Profitable arb trades were available from almost the entire assortment of sporting events covered by the online sports bookmakers. There were a total of 19,898 arbs reported by ArbAlarm from 1,219 different matches in the various sports events held last month. The average yield was around the 4.3% mark.
The most prominent sports were soccer and tennis which provided over an aggregate of over 12,000 arbs. Soccer provided over 6,500 arbs while tennis gave traders over 5,000 arb opportunities. In addition, traders dealing in arbs from NHL and NBA also did remarkably well. Most of these were created by Racebook, SportsAcumen and 5Dimes. Average profit yield was around the 3.5% mark.
Snooker and Darts were also important this month, with almost 1000 trades. Stan James, Skybet & VCBet featured most prominently in generating surebets for these sports events. Average profit yield was around 4%. In tennis, the Australian Open Grand Slam, which took place in Melbourne, was the main event and it proved extremely profitable for traders with yields as high as 7.5%. The bookmakers Stan James, SportingBet and SkyBet were most useful in this major sporting event.
February looks set to be a busy month with the many golf matches lined. The Buick Invitational golf match is scheduled to play off at North Course La Jolla, California at the start of the month. There ought to be plenty of Arbs opportunities to capitalize on with Tiger Woods playing here. He will also be playing towards the end of the month at the WGC Accenture Match Play Championship at the Ritz-Carlton GC Marana, Arizona. Remember to check out the Sport Arbitrage calendar for more details on the other sporting events taking place over the next month.
Don’t forget there are also a few opportunities in February to capitalize on some extra free money from bookmakers offering Superbowl bonuses. Intertops will add up to $100 to your account if you make a deposit before 11pm GMT today (1st February 2009). Meanwhile, Bets4All will add up to €100 to your account for deposits made until 24th February 2009. To claim it, just make your deposit & send an email with the subject ‘Bundesliga Bonus’ to service@bets4all.com.
If you are unsure how to take full advantage of these bonuses, read up on this bonus scalping tutorial.
And remember that ArbAlarm has a special bonus-trading feature which makes bonus-scalping hassle-free for you by automatically finding risk-free trades which involve the bookmakers you have bonuses with. If you haven’t done so already, click here to sign up for your free TraderZone account and you’ll get full and immediate access to all of Sports Arbitrage World’s software & services.
I wish you a very profitable month ahead!
Tags: Sports Arbitrage Outlook
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