By now you’re probably looking forward to using the arbitrage strategy as soon as you can. You’re excited about making guaranteed profits without any risk and regularly boosting your bankroll.
It’s fair to say that this is a distinct possibility. You CAN make good money from arbitrage betting if you’re committed enough. We know plenty of people who do, and we use the strategy ourselves too. You shouldn’t go ordering your private jet and yacht just yet though. The arbitrage betting strategy is not perfect by any means, and it has some distinct disadvantages. The three main ones are as follows:
- Arbs are hard to find
- Profit margins are small
- Bookmakers HATE this strategy
We’ve touched on the first disadvantage listed here already. It’s worth highlighting again though, as it’s very significant. There are many, many people looking for arbs, and these opportunities are not exactly plentiful. When they do exist, you have to be extremely quick to take advantage of them. They usually disappear before too long, sometimes in just a matter of minutes. This alone makes it very hard to make regular profits from arbitrage betting.
The second disadvantage might not be a major issue if you’re just looking to make a few extra bucks, but if your goal is to make SERIOUS money, it will be. Although it’s not impossible to make attractive profits with this strategy, doing so requires a sizable bankroll.
On average, you’ll make just a couple of percent return on your total stake. So, even if you’re staking $1,000 on arb, you’ll “only” make around $20 each time. You might be able to find a couple of good arbs each day if you are dedicating a lot of time, but $40 a day is not going to make you rich. If you want to make much more than that, you’re going to need a lot of money to start with.
The third disadvantage is perhaps the biggest one of all. Bookmakers and betting sites are firmly against the arbitrage betting strategy, and they do everything they can to stop people from using it. If they suspect you of “arbing,” they’re likely to limit your betting account or even shut it down completely. This makes it even harder to make money, as you have to try to disguise what you’re doing.