[00:02] computer science and i'm going to be teaching you about arbitrage betting so the word arbitrage literally means risk-free money and it sounds a little essentially going to go through arbitrage betting which is hard but it's
[00:18] a guaranteed way to make risk-free money sports betting now arbitrage bets they're they're not going to be common out of the millions of odds on sportsbooks at any given time which odds jam is constantly scanning updating
[00:30] millions of odds in real time to find you these arbitrage bets only only a fraction of you know sportsbook odds are going to be arbitrage bets so you need software such as odds jam to be able to find these arbitrage bets and lock in
[00:44] your risk-free profits and see your gains compound and compound and compound and grow your bankroll as a sports bettor so the easiest way to think about arbitrage betting is imagine there's some guy who will buy your shirt you
[00:57] know for twenty dollars and then there's another guy who will sell you that same shirt for fifteen dollars so due to discrepancies and how people are pricing the value of your shirt you can make a risk-free five dollars
[01:10] you buy it for 15 you sell it for 20. that's exactly the same as arbitrage betting because sportsbooks price things differently sometimes sportsbooks value the prices or the odds are different right so you can make a risk-free profit
[01:24] betting on equal and opposite outcomes the over on one sportsbook the under on another sportsbook as an example the warriors plus 3.5 the celtics minus three and a half right equal and opposite outcomes you can lock in a
[01:37] risk-free profit margin due to discrepancies and pricing now i will easiest thing in the world and it's not first of all you have to move quickly these are market inefficiencies it's
[01:52] free money arbitrage is free money so these arbs they don't last forever you you have to know how to navigate the sports books you need to have multiple sportsbook accounts so that's the first reason arbitrage betting is a little
[02:05] the second reason is you never know when they're going to occur you never know when arbitrage bets are going to occur sometimes they happen after player injuries kyrie gets injured all the odds start to change in the game right
[02:18] sometimes there's great arms after player injuries that may happen at 2 am that may happen at 12 pm we're not sure so you never know when the best bets are going to occur because the sports betting market is dynamic and these odds
[02:31] are constantly changing so you need to be on odds jam frequently hitting the refresh button to see the latest arbitrage bets and start raking in the profit now you can make money arbitrage betting of course we have a full team
[02:44] here at oddssham of you know data analysts professional sports bettors here to help you make money so don't hesitate to reach out to us if you do have questions and i also invite you to start your seven day trial of odds jam
[02:57] odd jam has tons of betting tools that are extremely valuable and if you put in here to support you get on the phone whenever you want you're going to make substantial substantial profits as a sports bettor so feel free to start your
[03:13] going to love the software i think you're going to make a lot of money and that's why we offer this for free for seven days to any sports bettor who wants to give it a shot so thanks so much for your time enjoy your free trial
[03:25] and have a great day so we can go through an example of an arbitrage bet very briefly and again a lot of these opportunities won't last long their market inefficiencies due to discrepancies and bookmaker odds so you
[03:39] have to move quickly and again odds jam is constantly scanning all of these is constantly scanning all of these markets you know innings props rbi props hip props everything for you processing millions of odds every second to try to
[03:54] find you the best arbitrage bets and we can see there's a big discrepancy between fanduel and caesar's in seth brown player hits so the over one and a half hits is plus 300 on fanduel the under one and a half
[04:09] is -278 on caesar so this is one of the rare opportunities where we can place a bet on two sports books and earn a risk-free profit now fanduel you know i've made good
[04:22] bet a large stake but they're going to let me bet 25 on this so i'll hit it for 25 on fanduel and then i'll pull up a calculator so our risk-free return is 1.46 percent so
[04:38] if we place a thousand dollars total between both sportsbooks we would be between both sportsbooks we would be earning you know fourteen sixty fourteen dollars and sixty cents in risk-free profit so again that may not seem
[04:51] particularly great but what you have to remember as a sports bettor is this is a risk-free profit right and you're getting it back in one day typically or less than a day right this game is you know starting in like
[05:08] 13 hours or something like that so this is a bet that we are getting a risk-free return of 1.46 percent on in a span of 13 hours think about what that compounds to over the course of a year so although arbitrage betting is
[05:24] hard it's a great side hustle and what this calculator will tell you is if you bet 25 on fanduel in 73 54 on caesar sportsbook then you're gonna earn a risk-free profit of 146.
[05:41] regardless of what happens he could have five hits two hits zero hits one hit you're gonna earn a risk-free profit of 146 right so we can place a bunch of arbitrage bets earn 150 two dollars
[05:55] three dollars per bet do that over the course of an hour and you can make pretty substantial profits on a daily basis so 73.54 we want to bet on the under on caesars so i'll go ahead i'll hit that as well
[06:10] and then i'll add both of these bets to my bet tracker and we can run through my bet tracker and we can run through the math behind this arbitrage bet so we'll save this and then we a check mark shows up indicating already bet
[06:23] and then we can see we have two scenarios right these are equal and opposite outcomes as will always be the case with an arbitrage bet he's either going to have over one and a half hits which is the exact same thing as two
[06:37] plus hits and you can see fanduel already moved down to plus 280 odds right that's what i mean by you really have to move quickly we bet this plus 300 it's down to plus 280. so
[06:50] so 1.46 risk-free profit but anyways let's 1.46 risk-free profit but anyways let's get into it so on fanduel we bet 25 on brown over one and a half hits at plus 300 odds right we bet that at plus
[07:04] 300 odds so if he goes over right if he goes over one and a half hits if he has two or more hits we're gonna have 75 dollars in profit on fanduel 25 staked at plus 300 odds
[07:19] so 75 dollars in profit but we're gonna lose 73.54 on caesar's which was our stake on his under so there's only two outcomes that can
[07:31] he has under one and a half hits or he has over one and a half hits these are equal and opposite outcomes right so if he goes over we're going to be up 75 on fanduel down 73.54 on caesars so our net profit
[07:47] is 146. that's a positive number that's great right and that's exactly what the arbitrage calculator shows us so you can see that already moved but hey here's another one jonah bride so if you
[08:01] but anyways now we can go through the case of the under so if seth brown if he goes um under one and a half hits we lose our 25 stake on fanduel but on caesar's we're
[08:18] betting 73.54 at minus 278 odds 73.54 at minus 278 odds right so our payout is at minus 278 odd 73.54 times 100 divided by 278
[08:31] 26.45 so again you know slight differences due to rounding but our net profit is going to be 146. so in both cases regardless of what happens if he has zero one two three
[08:47] four five six seven eight nine whatever amount of hits we're earning 146 and risk-free profit due to discrepancies and the odds that's arbitrage betting so i hope you found this tutorial helpful and let's make some money