{"id":27687,"date":"2024-02-20T17:11:02","date_gmt":"2024-02-20T06:11:02","guid":{"rendered":"https:\/\/www.betfair.com.au\/hub\/?p=27687"},"modified":"2024-05-13T12:11:52","modified_gmt":"2024-05-13T02:11:52","slug":"learn-about-arbitrage-betting","status":"publish","type":"post","link":"https:\/\/www.betfair.com.au\/hub\/education\/betfair-advanced\/learn-about-arbitrage-betting\/","title":{"rendered":"LEARN ABOUT ARBITRAGE BETTING"},"content":{"rendered":"<div class=\"education-content border-b pb-10 block\">\n            <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">LEARN ABOUT MATCHED BETTING<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>As you are reading this on the Betfair website, it\u2019s pretty safe to assume that you are smarter than the average punter. You understand that long-term success in betting doesn\u2019t come from placing same-game multis based on gut instinct. To consistently profit, you need to bet only when you have an edge over the market.<\/p>\n<p>What you might not have realised is that there is an easy way to tilt the odds in your favour and secure that edge. A method that allows you to generate regular profits week after week with minimal or no risk. It&#8217;s called matched betting.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">Beating the Bookies at their own game<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>Gambling in Australia is a huge business. Everyone loves a punt. Unfortunately, most people aren\u2019t very good at it. With an average per-capita loss of about $1200 per year, there&#8217;s a strong incentive for bookies to attract and retain customers.<\/p>\n<p>In order to do that, bookmakers offer promotions that increase a punter&#8217;s chance of winning (or decrease their chance of losing). These promos get the attention of mug punters who then choose to bet with that bookie rather than a competitor. Then &#8211; the bookie hopes &#8211; that mug punter keeps betting on non-promotional markets.<\/p>\n<p>This approach works pretty well for the bookies. The little bit of value that they give away on the promos is hugely outweighed by the profits that they make later. There is only one flaw in their strategy\u2026smart bettors can use the promos against them.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">Turning Promos into Profits<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>There are lots of different types of promotions that bookies offer &#8211; boosted odds, conditional refunds, early payouts &#8211; but here we\u2019re going to look at the easiest one to make money from: deposit offers.<\/p>\n<p>Deposit offers are, unsurprisingly, offers that bookies use to encourage their customers to make a deposit. They are often given to new customers or those with a zero account balance. The terms of the offer are usually something like this:<\/p>\n<p>\u201cDeposit up to $100 and we\u2019ll match it in bonus bets\u201d<\/p>\n<p>The appeal of this offer should be pretty clear. We can deposit $100 but get $200 to bet with. That definitely gives us an advantage over the bookie.<\/p>\n<p>The problem is that most people waste that advantage. They\u2019ll stick the bonus bet on some 12-leg multi in the hope of hitting the jackpot, or they\u2019ll put it on a \u2018sure-thing\u2019 at odds of 1.20 without realising the bonus bet stake isn\u2019t included in the return.<\/p>\n<p>What they don\u2019t realise is that, with the help of Betfair, it is possible to turn a $100 bonus bet into around $75 of guaranteed profit.<\/p>\n<p>The process for locking in a profit is:<\/p>\n<ol>\n<li>Scan the markets until you find a bet where the odds at the bookie are similar to the lay odds at Betfair (or use the <a href=\"https:\/\/bonusbank.com.au\/\"><strong>Bonusbank<\/strong><\/a> ATM to immediately find the best options)<\/li>\n<li>Use a matched betting calculator to determine a lay stake that will give an equal return on all outcomes.<\/li>\n<li>Place your bonus bet at the bookie.<\/li>\n<li>Place a lay bet on the same outcome at Betfair using the stake from the calculator.<\/li>\n<li>Wait for the event to end and enjoy your profits<\/li>\n<\/ol>\n<p>By following this process you are covering all outcomes. If your bookie bet wins you will have a profit at the bookie and a loss at Betfair. If the bookie bet loses you will win at Betfair. Either way, you will have turned your bonus bet into withdrawable cash.<\/p>\n<p>You can then use the same process (but with a different calculator setting) to bet through the cash you deposited and make it withdrawable as well.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n          \n    \n    \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"950\" height=\"584\" src=\"https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2024\/02\/IMAGE-1-4.jpg\" class=\"img-fluid w-full\" alt=\"\" srcset=\"https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2024\/02\/IMAGE-1-4.jpg 950w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2024\/02\/IMAGE-1-4-300x184.jpg 300w, https:\/\/www.betfair.com.au\/hub\/wp-content\/uploads\/sites\/2\/2024\/02\/IMAGE-1-4-768x472.jpg 768w\" sizes=\"auto, (max-width: 950px) 100vw, 950px\" \/>\n        <\/div>\n      <\/div>\n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>By repeating this process at every bookie that offers a deposit bonus you can very quickly build up your bankroll. You can then move on to some of the more advanced strategies that are used by Bonusbank members to make consistent profits.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n                <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">LEARN MORE<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>If this is your first time hearing about matched betting you probably have some questions. To find answers to those questions, and a more in-depth explanation of how to profit from deposit bonuses, sign up for a free account at <a href=\"https:\/\/bonusbank.com.au\/\"><strong>Bonusbank<\/strong><\/a>.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n      <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learn about the details of Arbitrage betting and what it is, how to do it and why it can be effective. This step by step introduction gives you all the information.<\/p>\n","protected":false},"author":124,"featured_media":29760,"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":[],"class_list":["post-27687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betfair-advanced"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Learn About Arbitrage Betting | Betfair Education | Betfair Hub<\/title>\n<meta name=\"description\" content=\"Learn about the details of Arbitrage betting and what it is, how to do it and why it can be effective. This step by step introduction gives you all the information.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.betfair.com.au\/hub\/education\/betfair-advanced\/learn-about-arbitrage-betting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LEARN ABOUT ARBITRAGE BETTING\" \/>\n<meta property=\"og:description\" content=\"Learn about the details of Arbitrage betting and what it is, how to do it and why it can be effective. 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