{"id":27131,"date":"2024-02-15T11:30:12","date_gmt":"2024-02-15T00:30:12","guid":{"rendered":"https:\/\/www.betfair.com.au\/hub\/?p=27131"},"modified":"2024-04-11T13:02:25","modified_gmt":"2024-04-11T03:02:25","slug":"arbitrage-opportunities","status":"publish","type":"post","link":"https:\/\/www.betfair.com.au\/hub\/education\/betfair-advanced\/arbitrage-opportunities\/","title":{"rendered":"ARBITRAGE: OPPORTUNITIES"},"content":{"rendered":"
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Of all the different types of bookie promos, Enhanced Odds promos are the most likely to catch the attention of a recreational punter. Even an untrained eye can tell that there is value in getting odds of 2.00 on a selection that is 1.50 at every other bookie.<\/span><\/p>\n

Refund promos are probably next on the list. Most people won\u2019t realise just how much of an edge a \u2018refund for 2nd or 3rd\u2019 promo can give them, but they will still appreciate that it\u2019s good to have some insurance on their bet.<\/span><\/p>\n

Early Payout promos, on the other hand, are easily overlooked. Where is the value in getting paid out 30 minutes early on a bet that\u2019s going to win anyway?<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n

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The Comeback Is On<\/h2>\n <\/div>\n <\/div>\n \n \n \n \n \n
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What people fail to realise is that sport can be hugely unpredictable. Nothing is guaranteed.<\/span><\/p>\n

A soccer team can be 2-0 up after 60 minutes and looking comfortable but it doesn\u2019t take much (a red card, an injury, some inspired substitutions) for momentum to start flowing in the other direction and the game to end 2-2, or even 4-4.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n \n \n \n

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Large swings in momentum are also common in the NBA. Teams that look dominant in the early stages of games can struggle to keep up that level of performance for all four quarters.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n \n \n \n

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In these situations it really pays to have an early payout promo attached to your bet.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n

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Matched Betting With Early Payouts<\/h2>\n <\/div>\n <\/div>\n \n \n \n \n \n
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There are four different ways that you can approach Early Payout promos as a matched bettor. As with most things in matched betting, the approach that you choose will largely depend on your tolerance for risk.<\/span><\/p>\n

Value Betting<\/b><\/span><\/p>\n

This approach isn\u2019t technically matched betting. Value betting (or +EV betting, or Advantage betting) is simply placing a back bet where you have an edge over the bookie. There is no hedging involved here. As a result, it is very high risk.<\/span><\/p>\n

Early Payout promos can definitely give you an edge so, in theory, you should make a profit in the long-run with this approach. However, you need to be able to handle any short-term losses. It could require hundreds of bets before you see a profit.<\/span><\/p>\n

It is also worth remembering that the promo doesn\u2019t automatically make every bet +EV. If you are placing bets at poor odds you could still end up with a long-term loss.<\/span><\/p>\n

Double Payout Hunting<\/b><\/span><\/p>\n

In order to reduce your level of risk, you can use Betfair to hedge any bets that you make at the bookie. In most cases this will result in a small loss but, in the matches where the early payout is triggered but the team fails to win, it can lead to a large double payout.<\/span><\/p>\n

The double payout comes from the fact that the bookie pays you as a winner due to the early payout promo, but you are also a winner at betfair because the team didn\u2019t win. This is a jackpot situation.<\/span><\/p>\n

The two keys to this strategy are match selection and qualifying loss minimisation. The vast majority of your bets are going to lose money, but you only need one winner to cover all of those losses and put you in profit. By keeping the losses to a minimum, and identifying the games with the highest chance of a double payout (e.g. by using the Bonusbank 2up software), you can maximise your long-term profits.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n \n \n \n

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Check out <\/span>this video<\/span><\/a> to see exactly what happens when a double payout hits.<\/span><\/p>\n

Locking-In Profits<\/b><\/span><\/p>\n

Double Payouts are pretty rare, but Early Payouts are not. There are lots of games where the Early Payout is triggered and the team then goes on to win the match. In this situation it is often possible to lock-in a guaranteed profit no matter what.\u00a0<\/span><\/p>\n

The initial process for this approach is exactly the same as with Double Payouts (i.e. look for good matches with a low qualifying loss then back & lay). The difference comes after the Early Payout is triggered.<\/span><\/p>\n

At that point you will have two potential outcomes: a) the team wins the match and you make nothing, or b) they don\u2019t win the match and you get a huge double payout.<\/span><\/p>\n

In order to balance those outcomes, and guarantee a profit no matter what, you can place a back bet on Betfair.\u00a0<\/span><\/p>\n

The amount that you can profit will depend on the back odds available, so not every early payout will be profitable.\u00a0<\/span><\/p>\n

For example, if Man City go 2-0 up against Sheffield United the back odds will be very low and you won\u2019t be able to lock-in much. However, if Sheffield United go 2-0 up against Man City the odds will be much higher (assuming there is a decent amount of time left in the match) and you will be able to lock-in a nice profit. This is why match selection is important.<\/span><\/p>\n

The main drawback to this approach is the time required. You need to be monitoring games as they happen. Given that the majority of relevant games are in Europe, this can be inconvenient for most people.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n \n \n \n

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Promo Dutching<\/b><\/span><\/p>\n

Dutching is the process of hedging bets by using multiple bookies to bet on all possible outcomes. In this case we would be hedging specifically with bookies that are offering promos on the same match.<\/span><\/p>\n

Due to the fact that we would be betting on those other promos anyway, including the early payout offer doesn\u2019t cost us anything extra. This allows us to have a shot at a large double payout without running up additional qualifying costs.<\/span><\/p>\n

The only drawback to this approach is that it limits the number of games you can bet on and the maximum stake you can bet because it relies on other promos being available.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n

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And There\u2019s More\u2026<\/h2>\n <\/div>\n <\/div>\n \n \n \n \n \n
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Another great thing about early payout promos is their high stake limits.<\/span><\/p>\n

For example, most refund promos are \u2018up to $50\u2019. Early payouts, on the other hand, can be \u2018up to $100\u2019 or, in some cases, completely uncapped. The Bet365 2up promo has no limit on the amount you can win.<\/span><\/p>\n

This allows for some massive potential payouts. Especially if you are betting into the Match Odds market of an EPL or Champions League game where high stakes bets are not uncommon.<\/span><\/p>\n

Winnings from early payout promos are also (usually) cash. There is no bonus bet that you then need to turnover. The early payout just hits your account and is withdrawable immediately.<\/span><\/p>\n

All of these things add up to make early payouts promos some of the best – but most overlooked – promos around.<\/span><\/p>\n\n <\/div>\n <\/div>\n \n \n \n <\/div>\n","protected":false},"excerpt":{"rendered":"

Learn about Arbitrage opportunities as this article looks at showing punters what to look for and how to optimize your experience.<\/p>\n","protected":false},"author":124,"featured_media":28829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"tipster_notification_checkbox":false,"send_notification":false,"footnotes":""},"categories":[42],"tags":[],"brand":[56],"class_list":["post-27131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betfair-advanced","brand-arbitrage"],"acf":[],"yoast_head":"\nArbitrage Betting | Arbitrage Opportunities | Betfair Hub<\/title>\n<meta name=\"description\" content=\"Learn about Arbitrage opportunities as this article looks at showing punters what to look for and how to optimize your experience.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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