I would like to show you briefly how to make a guaranteed profit from betting on the North American Sports Market. Actually any sports market for that matter but we will concentrate on some examples from the US.
The main North American sports, basketball, baseball, American football and ice hockey are all widely covered as you would expect by North American betting firms. I have seen some quite frantic betting activity on these sports. By pitting one bookmaker against another it is clear that there are times when the odds can be in the bettors favour and a certain profit is possible.
What you need to do is find the best odds for each segment of the bets from each bookmaker. This could cover dozens of bookmakers so you need to use the ‘odds comparison sites’ to assist you in this quest.
The European bookmakers, although keen to gain a slice of the pie are much slower at reacting to events like injury news or team selection. This is where you will gain an advantage as they are slower to react to changing prices compared to their U.S. counterparts. The Europeans will be re-active to the US bookmakers altering their prices not events themselves.
The one downside for Europeans is the time difference, you may find yourself trading at odd hours of the night. The principles for finding certain betting profits apply the same for American specific sports as they do for other sports. Here are actual examples of these bets in sports.
NBA Basketball: Seattle Supersonics versus Detroit Pistons
The best odds on offer were +125 for Seattle and -113 for Detroit from 2 different bookmakers.
Win Seattle Scandicbookmakers odds +125 (American format) 2.25 (European format)
Win Detroit OddsShop -113 (American format) 1.90 (European format)
Profitable risk-free bet of about 3.0% profit margin whatever the result. Note there is no draw in basketball.
Here is another example from the NHL where we have 3 possible outcomes
NHL Ice Hockey: Boston Bruins versus NY Rangers
Win Boston CBM Bookmaker odds +100 (American format) 2.0 (European format)
Draw OddsShop odds +315 (American format) 4.15 (European format)
Win Rangers Ladbrokes odds +400 (American format) 5.00 (European format)
Profitable risk-free bet of about 6.3% whatever the outcome of the game. You would need to calculate the appropriate stake to ensure that you have the same profit whatever the outcome.
There are numerous other sports, some you may never consider, where a certain betting profit might be available. Here is another example from Ice Hockey. We won’t worry about who the competitors are just that the percentages and the principles of how to profit will apply to every sport
Now of course nobody needs to know the slightest thing about Ice Hockey, suffice to say the odds are offered for a win, lose or a draw. At least that should be clear from the odds on offer. In this instance there were 3 different betting occasions where the odds on offer changed and there was still a profit to be made.
The following betting example is shown with the following odds all in American and decimal format:
Win (1) Marathonbet +295 (American format) 3.95 (European format)
Draw (X) Ladbrokes +450 (American format) 5.5 (European format)
Lose (2) Sporttip +100 (American format) 2.0 (European format)
The odds were offered the day before the match and offering a 7% profit. Then the betting odds changed.
Win (1) Marathonbet +295 (American format) 3.95 (European format)
Draw (X) Unibet +500 (American format) 6.0 (European format)
Lose (2) Sporttip +100 (American format) 2.0 (European format)
You can see that Ladbrokes have been replaced with Unibet for the best priced draw. The percentage gain on the bet has risen to 8.7%. A particularly lucrative opportunity.
As the money came in for the Sporttip odds on the away win the odds reduced from evens (2.0) to odds on (1.8). We still had a profit but the percentage had reduced to 2.6%.
Win (1) Marathonbet +295 (American format) 3.95 (European format)
Draw (X) Unibet +500 (American format) 6.0 (European format)
Lose (2) Sporttip -125 (American format) 1.8 (European format)
Over this 24 hour period you can see how the profit was available first at 7% then later at 8.7% and finally at 2.6% as the money affected the odds on offer.
In conclusion it is important to remember that by selecting the best odds from a number of different bookmakers it is possible to gain such an edge that a simple profit is guaranteed.