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Sports Betting Arbitrage Example http://sportsbetting.net.in/ Bookmaker Profit This figure shows how much the bookm average given their odds. It can be foun Outcome Bookmaker A Odds Bookmaker B Odds 1 1.5 1.75 1 - (o1 x o2 2 2.5 2 Put in different odds to see if you can f Bookmaker positions for the bookmakers. Profit Margin 6.25% 6.67% Yellow Bets Blue Bets Arbitrage Opporunity? YES!!! Arbitrage Opporunity? Variable Explanation Value Variable s1 Stake in outcome 1 $ 100.00 s1 s2 Stake in outcome 2 $ 70.00 s2 o1 Odds for outcome 1 1.75 o1 o2 Odds for outcome 2 2.5 o2 p1 Payout of outcome 1 $ 175.00 p1 p2 Payout of outcome 2 $ 175.00 p2 Total Invested $ 170.00 Total Invested Gaurateed Payout $ 175.00 Gaurateed Payout Gaurateed Profit/Loss $ 5.00 Gaurateed Profit/Loss Instructions: The only numbers that can be manipulated in this spreadsheet are the odds in red. The rest will self calculate. No figures are based on a $100 bet on outcome 1. The associated bet on outcome 2 will adjust accordingly. Float your cursor over the cells with a red arrow at the top right to view the formula used. Note: This spreadsheet is for reference purposes only. It should not be relied upon for making bets. Make bets at y Bookmaker Profit Margins: This figure shows how much the bookmaker will make on average given their odds. It can be found by following formula: x o2)/(o1 + o2) Put in different odds to see if you can find unprofitable positions for the bookmakers. Blue Bets Arbitrage Opporunity? NO Explanation Value Stake in outcome 1 $ 100.00 Stake in outcome 2 $ 75.00 Odds for outcome 1 1.5 Odds for outcome 2 2 Payout of outcome 1 $ 150.00 Payout of outcome 2 $ 150.00 Total Invested $ 175.00 Notice the payouts must be Gaurateed Payout $ 150.00 equal for both outcomes for Gaurateed Profit/Loss $ (25.00) arbitrage to be possible. What you are looking for is that the guaranteed payout is more than the sum of all bets necessary to guarantee . The rest will self calculate. Notice that the dollar said payout. come 2 will adjust accordingly. he formula used. ed upon for making bets. Make bets at your own risk.
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