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Hi, I’m Sharon the spokesperson of RescueBet
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welcome to Bookies Web Series by RescueBet.
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In this podcast, we are interested in learning
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how to beat the bookies with arbitrage betting.
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First, what is arbitrage betting,
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and why is the beating the bookies with the type of betting important?
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To be successful with betting, two things must be mastered.
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The first is knowing how to get the betting work.
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That is, you must be confident about the odds system,
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and know what each number means.
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Second, you need to know how to beat the bookies.
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What is arbitrage betting?
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Arbitrage ,is a word taken from stock markets
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and retail which involves buying an asset in market
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and selling it simultaneously in another at a higher price.
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The difference between the buying and selling price gives the profit.
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Arbitrage betting is otherwise known as sure betting.
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Basically, this strategy abuses the variations in odds
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that are placed on sports event among bookies.
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This rarely happens, and this is why you must carefully observe and take quick action.
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It can operate on the Back and Lay principle,
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even though there are no free bonuses attached.
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Placing arbitrage bets requires that you must use a betting exchange.
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Immediately you see that the lay odds on an event
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that are much lower than the back odds on the same event,
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that is a good arbitrage betting opportunity.
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This often happens when the exchange lowers the odds,
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and the bookies fail to correct theirs before you notice it;
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for one reason or the other.
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As fancy as it seems, however, arbitrage bets require
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a high level of knowledge, at least better than the average bettor possesses.
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Meanwhile, the methods are easy to learn.
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Simply, when the odds are higher at the bookmaker
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than the lay odds are on the exchange,
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this is a typical arb.
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If you look towards making consistent profit, you can use arbitrage bets.
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But it is critical that you remember that you have to beat the bookies.
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Now, if you seek further information on betting strategies,
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and how they can be used to beat the bookies,
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watch out for more podcasts in the series. Good luck!