June 2009 was an extremely profitable month for traders thanks in large part to the 2 major grass court tennis events at Queen’s Court and Wimbledon.
All in all, the month produced a pleasing number of arbs. Over 23,000 surebets were available across a range of 1333 unique matches and games. Average profit yields edged up slightly to 3.9%. For active traders who were able to turn over their funds 4 times during the month, the monthly ROI was around 15%.
Reports suggest that the average maximum bet size accepted by bookmakers last month was approximately £300, implying that a total investment-per-arb of at least £500 was possible.
The most active sports during June, in terms of surebets, were soccer and tennis. Between them, they produced over 11,500 sports arbitrage trades. The most heavily featured bookmakers were:
Golf is catching up and is likely to remain one of the principal trading sports throughout the summer.
The summer is traditionally the most busy time of the year for many sports arbitrage traders. Multiple Grand Slam events in tennis and golf will provide you with extraordinary opportunities to profit. As well as the standard fare of surebets in 2-ball & 3-ball matches, look out for large numbers of trades in special markets such as ‘Make The Cut’
I wish you a very profitable month ahead!
Tags: Sports Arbitrage Outlook