Sports
| Sports Arbitrage Trading Reviewed |
| By : Ajit Hari Sahu | Previous | Next |
| Posted on : 20 Dec, 2005 | Total Views : 265 |
SureBetPro was created by C.E.O. James Beattie a little more than 1 year ago. If you haven’t heard of it by now, SureBetPro is an automated sports arbitrage trading software package that finds arbs in real-time. The software makes finding arbs around the world extremely easy and allows for fast execution of trades. The company has seen astounding growth throughout Australia and Europe as well as the US more recently.
What is sports arbitrage trading? Sports arbitrage trading is not to be confused with gambling which carries a risk. It’s a system where a trade is placed with two different bookmakers that have opposing views on the outcome of an upcoming sporting event. The result is a win with one bookmaker and a loss with another. Because both bookmakers had different odds on the sporting event, you make a profit regardless of the outcome.
How much money can I make? This really depends on the amount of money one has to spread among the bookmakers. Typically the arbs range from 1% to 10% and from time to time arbs will come in around 15%. Before any money can be made at all, the user will need to fund his/her neteller account so that funds can be distributed among the 70 or so bookmakers. It is not recommended to trade more than $1,000 with each bookmaker otherwise they may see you as a syndicate and syndicates tend to wipe bookies clean. However you can place as many $1,000 trades as you like throughout the day with different bookmakers to maximize your trading profits. Trading results will vary with the individual.
How long does it take to get my money back from the bookmakers? Money is paid out directly back to your account within 1 to 3 hours after the sporting event. I personally have never had to wait more than 1 hour to see my funds beamed directly back to my account. At this time you can then recycle your profits and trade on yet another sporting event.
Can I build a business with SureBetPro? Many people do not know that SureBetPro offers multiple streams of income. The company offers $80 in commissions for every person a trader brings into SureBetPro and $47.50 per month for the life of their subscription. On top of this, business builders can build a personal forced matrix which can offer up to $250,000 per month with a complete matrix. SureBetPro is quite the program when it comes to establishing residual income.
There are many books and programs available in regards to arbitrage trading. It can be a tedious task learning how to arbitrage trade from scratch; however automated systems make it easy for anyone to get started.
Written By : Ajit Hari Sahu
