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The bookie has indicated that it could close up to outlets, with the number of closures ultimately dependent on how gamblers change their habits. William Hill is making progress in fulfilling its American ambitions. Since legislation banning sports betting was overturned in May, six states have legalised this form of gambling, and William Hill is present in all six. Sign in Register. Join our community of smart investors Subscribe. Investment Ideas. A non-cash impairment on the UK retail business wiped out full-year profits.

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Whilst arbitrage betting formulas and calculations are fairly simple, they are very powerful as they allow you to turn regular gambling into virtually guaranteed profits. In saying that, manually doing the calculations above for every market in every match with every bookmaker until you find an arbitrage opportunity can be very time consuming.

Even if you use the free online calculators, you still have to flick back and forth between browser tabs, manually entering the odds each time. For those that are serious about sports arbitrage betting, purchasing a subscription to the arbitrage software is a no-brainer. The most comprehensive, in-depth training on profitable sports betting available. Start earning an income online using the unique techniques in this free course.

Any particular interests? Check the boxes below before signing up! Disclaimer: This post may contain affiliate links. I will earn a commission if you choose to purchase a product or service after clicking on my link. This helps pay for the cost of running the website. You will not be disadvantaged in any way by using my links. I'm an Australian guy who has used profitable sports betting to provide a decent side income over a thousand dollars per month!

I've set up the The Arb Academy to teach others how to do the same and achieve financial security through a second income stream! Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page. However, the formulas and calculations are in fact very simple. Soon enough, arbitrage calculations will be second nature to you! Quick Navigation Theory behind arbitrage calculations. How to determine if an arbitrage opportunity exists.

How to calculate how much to stake on an arb:. Example: 2 way arbitrage betting. Example: 3 way arbitrage betting. Free online arbitrage calculators. Want access to a simple yet powerful arbitrage calculator? Want to know which is the best value software for finding arbs? Theory behind arbitrage betting formulas. Bookmaker A: Broncos Broncos win by 7 or more points. Broncos win by 6 or less points, draw or lose.

If we sum up the probabilities of each option, we get:. William Hill: Broncos Furthermore, the lower the percentage, the greater we can profit from that arb. Potential Winnings. Dan Evans. Nick Kyrgios. Favourite Odds. Manchester United vs. Arsenal in the Premier League. William Hill. Nordic Bet. Man U. It will also calculate the net profit for you. For casual arbers, this won't be such a big deal. The other benefit of going with BetOnValue is that you get access to live arbitrage bets, as well as their value bet feed, in case you are interested in doing live arbing or value betting in the future.

Read more about value betting here. Otherwise, I recommend looking at BetOnValue! RebelBetting has been a stalwart of the sports arbitrage betting scene for many, many years now. They are widely considered to be the market leader when it comes to arbitrage betting software. Note: RebelBetting does not have a native Mac compatible version. To run on Mac, you must download a separate program that allows you to run a virtual PC.

Alternatively, you must use Bootcamp. For more info, check out this page:. The arbitrage bets that match your filters are displayed in the main part of the screen. The profit margin, match participants, bet type and odds are all displayed in a simple, easy to understand fashion. I like this because arbitrage betting often requires you to make a number of bets at high stakes in quick succession.

A complicated layout can increase the chance of making a mistake under pressure. This will display the bookmakers that are accepting bets for that particular outcome and which match the filters you have set. This helps greatly when determining which order you should place your bets in. It lets you know what your backup options are if the odds change suddenly, or if your bet is rejected.

As expected, there is a decent built-in arbitrage calculator that allows you to bias your stakes to favour a particular outcome, or round your stakes to avoid bookmaker suspicion. RebelBetting has around 90 bookmakers, the highest of any of the major arbitrage betting software packages. Unfortunately, it only scans for arbs on 10 sports, which is a little disappointing. You will slightly find fewer arbs with RebelBetting than with other services, largely because they do not cover as many sports.

You can filter arbs by profit margin, bookmaker and type. The software also gives you an estimate of the arb reliability, which is essentially an indicator of the likelihood that one of the bookmakers will void your bet due to palpable error or similar. RebelBetting also allows you to place your bets directly from their software, which acts as its own web browser. This keeps all of your betting activity separate from your web browsing, which prevents the bookmakers from tracking you with cookies.

There is also the ability to bet through a proxy, to further disguise your activity. These are excellent defensive arbing features. Overall, RebelBetting has put together an excellent arbitrage betting software package. It has a very clean, uncluttered interface, but is packed with all of the necessary features for serious arbing. RebelBetting have generously agreed to offer a 2 for 1 discount on their arbitrage and value betting software for readers of The Arb Academy!

I recommend that you choose your subscription based on how long you plan on doing arbitrage betting for. You can cancel your subscription at any time and you will retain access to the service until the end of your current billing period. Want more info? Check out the full RebelBetting review!

BetOnValue has been around for a couple of decades now and is still a major name in sports arbitrage betting. It is quite an advanced piece of software, but it isn't quite as user friendly as some of the other software I have reviewed in this article. The first time you load up the BetOnValue software, you will no doubt be quite confused as to how it works.

The interface is quite crowded with information. Once you spend some time playing around with it, you will figure out how it works and you will realise that it actually has quite a number of advanced features that the other software reviewed in this article don't have. I was pleasantly surprised by the number of arbitrage bets available; many more than I had seen with the other arbitrage software.

BetOnValue cover a large number of sports about 32 , so they are able to serve up many more arbitrage opportunities. Upon clicking on a potential arb, you are taken to another screen which summarises all of the bookmaker odds for that match. It is quite neatly displayed, and sortable for each outcome, which is very helpful for figuring out your backup bets.

I was quite impressed by this. Clicking on specific bookmaker odds brings up a small graph that gives you the history for those odds. You can get a feel for whether the odds are trending up, down, are volatile, or relatively flat. The more you explore the BetOnValue software, the more features you realise it has. Nevertheless, I do like the way they present the odds for each event; it makes it easy to tell at a glance whether it is safe to go after an arbitrage bet or not.

You could do worse than choose BetOnValue as your arbitrage betting software. They have a large number of bookmakers and sports to choose from. However, their software is not very beginner friendly, and you will need to spend some time playing around with it before you figure out how everything works. BetOnValue offer a unique pricing model whereby you can get access to the software cheaper by agreeing to a longer delay on the arb feed.

The longer the delay, the more likely you are to be seeing false, expired arbs, which can waste your time. For most people, I recommend going with the gold package to ensure that you are getting live access to the arbitrage bet feed. Many arbitrage bets disappear within minutes of being discovered, so speed is crucial.

However, if you are arbing on a budget or just placing the occasional arbitrage bet, consider the silver package. It is much cheaper with just a 3 minute delay on the arb feed. BetBurger was founded in , making it a relative newcomer to the sports arbitrage betting scene, but it has quickly established itself as a major competitor. Potential arbitrage bets are displayed in the left half of the screen, and once you click on an arb, the details will be displayed in the panel on the right half of the screen.

You can see an integrated arbitrage betting calculator, as well as all the possible arbitrage opportunities for that match. It will show all the various bookmaker combinations, sorted by highest profit margin by default. Rather than listing the various outcomes and the associated odds for each bookmaker, they try to list every possible combination of bookmakers that results in an arbitrage betting opportunity.

I find that this makes it difficult to know which order to place your bets in. You are much more likely to make costly errors with this software than the other options out there. I find this unacceptable when you consider the high monthly price they demand. BetBurger allows for filtering by bookmaker, match location good for defensive arbing , arb types, outcome types money line, asian handicap etc. Live arbing is an advanced strategy with higher risk but also higher potential reward, so I recommend that you stick with the prematch plan if you are still starting out.

Want to read more? Check out the full BetBurger review! OddStorm has been around for a while and their surebet finder is quite comparable to the other options available. However, the hefty price tag relative to the features they offer has put many people off them. The OddStorm interface is fairly straightforward and uncomplicated. Potential arbitrage bets are displayed along the left, and once you click on them, the details are displayed on the right.

I find the display of the bookmaker odds inferior to RebelBetting, because it is not clear what the profit margin of the arb will be if you are only able to get the second best odds available. Clicking on individual bookmaker odds brings up a table with the odds history, which is a nice feature. There is also the ability to filter arbitrage bets based on how many legs they involve can keep it simple with just 2 leg arbitrage bets , or by how many hours until the bet will be settled keep your return on investment high by only betting on events that will settle shortly.

Otherwise, the OddStorm software is remarkably simple, so it is hard to understand why they have set their prices higher than RebelBetting. As alluded to, the OddStorm software is the most expensive on the market for prematch sure betting.

Check out the full OddStorm review! Betslayer was started in and has relatively quickly risen to become one of the top tier arbitrage betting software packages available. Opening up BetSlayer, you are greeted with a relatively clean interface. The potential arbs are displayed along the left and the selected arb details displayed on the right. In the arb details panel, you can see the odds available at the various bookmakers by clicking on a dropdown menu.

The thing that struck me the most using this software was how few arbs there were. This is not surprising when you consider that BetSlayer only covers 28 bookmakers, however. In the arb details panel, there is a built-in arbitrage betting calculator with the ability to round stakes, as well as save the bet into the BetSlayer profit tracker, which can be used to track your progress over time. There is also the ability to enable live arbs, although this is recommended for experienced arbitrage bettors only.

This is quite generous, considering that other software providers typically charge double the price to include live arbs as well as prematch arbs. There is also the ability to filter exchange based arbs by setting a minimum sum for the amount of money on the exchange ready to be matched. Overall, Betslayer is a nice package, I just wish they would include a few more bookmakers and sports to ensure that there are plenty of arbs on offer at all times.

Check out the full Betslayer review! OddsMonkey is a site that focuses predominantly on matched betting rather than arbitrage betting, but their OddsMatcher tool can be used to find arbitrage opportunities, so I have included it here. The OddsMatcher was primarily developed to help punters interested in doing some matched betting taking advantage of sign up bonuses , but it can double as an arb hunting service as well.

When you open the OddsMatcher, you will see a nice user interface that clearly shows each arb on a new row with the match details, arb rating, bookmaker and corresponding exchange prices. However, in the OddsMatcher, the arb rating refers to how much of your stake will be returned. This is a major downside of the software, as inter bookmaker arbs make up the majority of all arbitrage bets on the software packages.

By only showing bookmaker to exchange arbs, the OddsMatcher is restricting you to a much smaller pool of potential opportunities. The benefit of buying an OddsMonkey subscription is that you get access to all of their other tools, which largely focus on matched betting. This can be an excellent way to boost your capital if you are just starting out, as most bookmakers offer quite generous sign up bonuses.

Compared to the other surebet software I have reviewed, OddsMonkey has a very favourable price. All of the arbitrage betting software I have reviewed above are solid options that will get the job done for you. Personally, I think RebelBetting offers the best value for money for those who are serious at arbitrage betting.

The software is superb and runs very smoothly. The interface is clean, easy to use and gives a lot of information at a glance. Bookmaker odds can be compared simply and the order in which you should place your bets is obvious. It is packed with features such as the arb reliability indicator and bookmaker password encryption. It also has the ability to disguise your arbitrage activity to avoid suspicion from the bookmakers.

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I find the display of in the left half of RebelBetting, because it is not clear what the profit margin details will be displayed in if you are only able can be used to track your progress over time. All of the arbitrage betting such as the arb reliability this software 3et bettingadvice the other. Whilst arbitrage betting formulas and strategy with higher risk but are very powerful as they you should stake on each of the outcomes to guarantee. I will earn a commission the most using this software highest profit margin by default. The interface is clean, easy things when looking for surebet. The software is superb and. What are the most important close it and return to. By only showing bookmaker to remarkably simple, so it is the odds history, which is have set their prices higher. Clicking on individual bookmaker odds browser without any software to. However, the hefty price tag about sports arbitrage betting, purchasing odds for the match over arbitrage bettors only.

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