For most parts of the year there will be plenty of golf-related arbitrage trading deals for you; the only dead season is winter. Of course, tennis and soccer arbs are still more frequent but you should not overlook the golf market if you have got your mind set on a great number of victories. Here you can search for some curious Tie/No-Tie arb deals related to 2-ball matchups manually, much like with Boxing.
Also, it is worth noting that bookmakers demonstrate a lot more creativity than usual when it comes to the golf market. Very often special betting opportunities arise, allowing to create some especially curious arbitrage and middle deals. For example, the cut concept is approached quite variably by different bookies here. Some will offer you the opportunity to make yes/no bets with straight prices for whether a particular player will make the cut or not. Also, there are some bets that deal with the number of rounds the player is supposed to play. You can create arbitrage betting opportunities between the ‘cut’ and ‘number of rounds’ bets, taking into the account that all players who have made it into the third round will also have made the necessary cut.
You can create a middle when there are different high and low scores at different books. These numbers may overlap from time to time, which allows for both bets to bring profit. Many of arbitrageurs overlook the opportunity of middles because of the small loss risks, but we urge you to pay more attention to pros than to cons. Most honestly, these situations are more than worth looking into.
Golf also include other types of arbs that you cannot find through sports arbitrage searching systems. Such arbs include laying one leg at an exchange service; this is the concept we will discuss much more elaborately when we start talking about the peculiarities of Horse Racing. A head-to-head situation here allows for a locked-in profit when you bet for both sides. However, often you can simply trade one of the legs and receive profit whatever the outcome is.
A 2-ball matchup deal can offer you a surebet opportunity where a bookmaker gives 1.90 for either of two Players, and at the exchanges the bet price for Player 1 is 1.78 and the lay price for the same player is 1.80; whereas the bet price for Player 2 is 1.90 and the lay price is 1.92. Now, if we turn to the common definition of what arbitrage deal is, this is not an arb deal since you can’t get a win win situation by betting on both Players. However, look at the prices more closely. If you bet at 1.90 on the Player 1 at the Bookmaker’s, you can also lay the same player at 1.80 on the exchange and get some profit this way.
With a 3% commission rate an exchange may ask fork, you can bet 250 pounds at 1.90 with the bookie quite easily, and then lay 268.36 at 1.80 at the exchange, thereby locking an effective 2.27% profit despite the exact outcome. If this is not arbitrage trading, then what is?
Some gamblers who don’t have much experience with the exchanges fail to understand what laying is quickly, so we feel that it should be explained clearly here. In truth, there is nothing terribly complicated about the concept. When laying some player, you turn from bettor to bookmaker – because ‘laying’ a player means that you bet on their loss. Now look at the above mentioned situation again. When you lay Player 1, you win the stake (268.36 without the commission) in case of the Player’s loss. If the Player wins, you’ll have to pay out 214.69 pounds (plain math: 268.26*0.80=214.69). The number is 0.80 instead of 1.80 because the “1” is already paid, being your original stake.
Here lies probably the greatest difference between arbitrage betting with bookies and with the exchanges. No bookmaker will allow for a lay – you’ll have to bet all the time, although certainly you can place a bet on the other side, as well. Certain bookmakers will insist that making two bets is the same as betting and laying, but you can be sure it isn’t – just look at the examples set above. This is why the exchanges are so good, even with all the folk believing that such facilities only exist in order to encourage some terrible deceptions – for example when it comes to racing where laying is usually a lot easier than betting. Now, yes, of course, there are certain facts backing this opinion. However, the exchanges still offer a lot arbs material, and a good arbitrageur simply has no right to ignore them. Just as he needs to be aware that the exchanges provide all gamblers with the problem of commission, unlike the tax-free bookmakers who would never charge you with a commission rate. Remember about it at all times in order to calculate your profits and losses correctly. Also, the exchanges usually offer higher prices compared to the ones the bookies offer, but, even so, this arbitrage type is always available.
You must already see that sports arbitrage is a far bigger realm than it is possible to imagine until you get more or less familiar with the phenomenon, like after reading these texts. If you do not mind being creative, cunning and ingenious, you can receive some huge profit in this field.