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FREE BETTING
THE SYSTEM
--‐ BASICS
--‐ AN EXAMPLE
--‐ FINDING YOUR FIRST ARB
AVOIDING DETECTION
WRAPPING UP
INTRODUCTION
Other methods and systems you will find on the internet require you to learn
how to produce websites or repackage ebooks, or spend hours fruitlessly
working on affiliate schemes. This method is unique because all the hard
work has been done for you by large bookmaking websites- you can start
immediately, and don’t need to wait for anyone else to sign up or buy
something from you. You can literally start earning the moment you finish
reading this book!
But if you’re not in it for the medium term gains, this book can still more than
pay for itself because the system makes it possible to instantly ‘cash out’ the
free bet offers that online bookmakers advertise. This system allows you to
meet their terms and conditions and ‘gamble’ the free money in a risk free
way which means you will always win! Instead of signing up for a free £30
(which is based on you also depositing £30 of your own) and then losing
what you deposited yourself, this system will show you a way to win back
your deposit and also withdraw the £30 free bet, leaving you £30 up overall-
a huge return when you consider there was never any risk! This book even
includes a list of bookmakers who have free bet offers- there are hundreds of
pounds to be made from just a few hours work!
The only risk is human error, and I will show you methods to reduce and
remove this tiny risk. As an easy example, using the money you earned from
the free bets as an investment means that you won’t even be investing your
own money- there’s nothing to lose!
The system is simple. Although it can involve some basic maths it doesn’t
have to, and if you follow the step by step process which I will explain, you
will quickly learn how to use these methods to start creating extra revenue
streams from arbitrage gambling. You will learn everything you need right
here! The book even contains a list of bookmaker offers to get you started!
The next section of this book will explain exactly how the system works and
how you can go about setting up arbitrage opportunities yourself. I will then
explain how you can easily automate the search process to radically boost
your earning potential. I’ll give you the names of the online bookmakers who
offer free bet deals which you can utilise. I’ll give you the knowledge you
need to understand the system. I’ll give you a list of mistakes people often
make, and tell you how to avoid them.
Arbitrage betting is not illegal but, for obvious reasons, online bookmakers
don’t like it- persist for more than a few months and some will try to impose
betting limits. This will in no way impact your ability to ‘cash out’ the free
bets in the first weekend or even in the long term if you’re a casual investor.
Start making serious money over a long period of time and you’ll come up
against limits. Even with these obstacles, I’ve been happily boosting my
income for some time now, and in a later chapter I will show you exactly how
I do it! You too will be able to make use of arbitrage opportunities for as long
as you like, with no fear of betting limits!
We’ve all read about ‘professional’ gamblers who seem to make a fortune
from the bookies, funding extravagant lifestyles and living in huge houses
whilst the rest of use lose time and time again- how do they do it?
Our system doesn’t rely on form or skill. In fact, it doesn’t matter who’s
playing, or what sport! Whether Brazil are playing Zimbabwe, or Argentina
are playing Spain, the only condition is that the event cannot have more than
three outcomes (win, lose, draw)! Once you know how the system works
you’ll wonder how anyone ever loses money on sports gambling! You’ll be a
master of online odds, and learn what you need to beat the bookies time
after time!
It’s hardly worth mentioning those who claim to make money from the
bookies by ‘having a feeling’ or pure luck. These recreational gamblers are
playing a mugs’ game- the odds are stacked in favour of the bookies
specifically to ensure that over even a very small number of bets the house
will win- how else can they afford to offer free bets to entice new customers?
Instead, we will use a method called arbitrage betting, ensuring a profit for
us no matter who wins. We do this by betting both for an against the same
outcome. For example, if Nadal and Federer are against each other in a
match, we would place a bet on both Nadal and Federer to win. Before we
place our bets, we simply compare odds between several bookmakers and
ensure that the winnings from either outcome are high enough to cover the
value of our total stake, plus a profit.
After all, different bookmakers often have differing opinions over which
outcome is more likely. In fact, these discrepancies don’t even have to be very
large for us to start making some serious money.
Sound simple? It is! In the next section, we will see the system in action, and
give you the foundation you need to start working out arbitrage opportunities
of your own.
So 2/1 becomes two divided by one (which is just two) plus one, making the
European odds for 2/1 ‘3’.
In simple terms, European odds just express ‘what you end up with’. 2/1
means that for every one pound bet you win a further two, the European ‘3’
means that if you win, you’ll have three times as much as you started with
(as, if you bet one pound, you would have two pounds in winnings plus your
original pound).
With this in mind, let’s describe a fictional arbitrage bet. Imagine Federer
plays Nadal at tennis.
‘Getfair’, one of Milliam Hill’s rivals, also believes Nadal will win- but thinks
that Federer has a better chance than otherwise advertised, so offer:
These odds are different enough that we can place an arbitrage bet and be
sure of a win no matter which player is the victor.
To calculate how much we would need to bet to win a certain amount using
European odds, just use the following:
DESIRED AMOUNT/EUROPEAN ODDS = REQUIRED STAKE.
So, to win £100 on the match if Federer wins from Milliam Hill needs…
If the maths seemed complicated, don’t worry! It’s really very simple, and in
the next section I’ll be showing you a 5 step process for finding and checking
an arbitrage opportunity. Even if this is still too time consuming, later in the
book I’ll show you some services which can do the maths for you, automating
the whole system and radically boosting your earning potential.
Imagine finding ten or fifteen of these opportunities per session- bets where
you are literally unable to lose. The chances to earn are plentiful, and how
much you make depends only on how much time you have to put into it.
With just a few hours per night you could easily find yourself making
thousands of pounds per year. In fact, even if you only chose to place one
such bet per day you would make £1825 per year! With 10, 11 or more on a
daily basis, how much you chose to earn is virtually limitless!
What I’ve just shown you is the foundation of the system. It’s called
arbitrage betting, though it’s sometimes also refered to as ‘arping’, ‘arbing’,
‘miraclebetting’ or ‘superbetting’. From now on I will use these names
interchangeably. If you understood the maths of the system then you will
already recognise the huge earning potential from arbitrage betting, and are
almost ready to start boosting your income! If not, do not be alarmed! There
are ways to automate the searching process which I will show you later in the
book. These systems make arping so easy that literally anyone can do it!
In the next chapter, I will explain how find an arbitrage opportunity with a 5
step system. You’ll then be ready to make unlimited earnings from online
bookies! After this, I’ll show you how I used the knowledge you’ve learned to
make a cool £632.50 in one weekend from the bookmakers, and teach you
how you can do the same!
FINDING ARBITRAGE OPPORTUNITIES WITHIN MINUTES
It really is that easy! I’ve explained the system in some depth here, but I
managed to follow all five steps within 10 minutes at half time, returning to
the match in time for some more analysis (and an advert) before watching
the rest of the game knowing I couldn’t lose.
As you’ve seen, a two outcome bet is very easy to arp (I was betting on
winner of the tournament rather than match, as this has the fewest
outcomes- the teams can’t draw).
Now it’s time for the exciting bit! The system is not only a great way of
generating a steady income stream over the course of a few months or years-
it can also generate you a huge amount of money in a very short space of
time at first!
To entice new gamblers, many online bookmakers offer ‘free’ bets to new
users. Generally the ‘free’ money is just given by matching your bet. Betfair
for example (at the time of writing) give a £25 ‘free’ bet if your first bet of up
to £25 loses. Stan James – a little known online bookmaker has the same
offer. To the average gambler it’s impossible to simply withdraw this money,
but with our insider knowledge of the arbitrage world we can easily just start
signing up and withdrawing this money as soon as we like.
‘Milliam Hill’ offer: Federer to win 2.50 (6/4) – Nadal to win – 1.50 (1/2)
‘Getfair’ offer: Federer to win 2.00 (Evens) – Nadal to Win 1.8 (4/5)
Now, we’ve already learned that the difference in odds here is large enough
to make the game worth arping, and also talked about how the £4.44
guaranteed profit is proof that we could quickly start making thousands of
pounds per year. But how could we use this information to start cashing out
the free bet offers?
It’s simple really- imagine that Milliam Hill and Getfair both have ‘£25 free
bet’ offers, where your first loss up to £25 is instantly refunded. In this case,
no matter who wins, we make our guaranteed £4.44 AS WELL AS £25
refunded from our losing bet. This means our total earnings on this arp is
actually a guaranteed (25+4.44) = £29.44! Not bad for a few minutes ‘work’.
At the end of this book I have included a list of tens of bookmakers who offer
free bets to new customers. Some of them are as much as £200! If you do
nothing else, spend a few minutes following through just one of these offers
and you will make a great return on your investment in this book. If instead
you dedicate a weekend to finding arps using only free bet offers you can
easily make a few thousand pounds in a matter of days!
If you’re like me, you may find you actually quite enjoy the thrill of searching
for arps manually, and not feel the need to use these services. But even
people who prefer manual searching are sometimes limited by time or just
need the extra cash, and could therefore benefit from these websites.
The advantages are clear- faster searches with higher returns. The drawback
of course is that many such sites require you to pay a membership
subscription to use the services. Be careful to avoid the scam sites who don’t
deliver the goods if you choose to use these websites! In order to give you the
strongest information, I have included a number of links to arp scanning
websites at the end of the book which you are free to look at and use if you
feel it would be beneficial. I have ranked them in the order of best value for
money (in my opinion based on features/reliability to cost of membership).
Though these sites cost money to use, the potential returns from arping are
staggering, and making back your investment should be easy! To avoid
risking your own money, try finding some arps yourself to start off with using
free bet offers- the risk free profit you will make is more than enough to pay
for a few months membership to one of these arping websites if you decided
you need it. You’re paying with someone else’s money- there’s really no risk!
You’re now armed with truly privileged information about the online betting
industry. With what you’ve learned so far, you are ready to take on the
online bookies and win every time. You know how to make a huge gain, but
also have the skills to start raking in long term income too. The next chapter
will give you some tips about how to use the knowledge as well as possible,
and how to avoid common mistakes that I made when I was starting out.
You’re now in the unique position of being able to essentially print as much
money as you like- to boost your income or even to stop working and
dedicate your time to arping professionally. What this book has taught you
could mean you never need to worry about the cost of life’s little luxuries
again! Naturally, this kind of power is not popular with bookmakers.
As it’s not illegal, and arps never involve betting both for an against
something with the same bookie, a bookie can only ever suspect you of
arping, which is what could (in very extreme cases) lead to limits on the
amount you can bet.
Do not be put off- these limits aren’t put in place until you have arped for
years and earned thousands of pounds- you have ample opportunity flying
solo to make big money without ever having to worry about bet limits. In this
chapter I will explain to you how I avoided detection for years and never
encountered a bet limit on my account.
Here’s how our system works. We each have an amount we regularly invest
(we generally use £100 increments to make the maths easy). Setting up an
arp, we simply bet in our own names on each outcome separately, and split
the profit at the end.
Of course, this seems like a hassle. Avoiding detection like this is something
you only need to consider if you want to turn semi professional, but we enjoy
our Sunday afternoon sessions (picked because that’s when the most sport is
shown). It’s a good sense of comradery, and having two people searching
manually at the same time means we find twice as many arbs and don’t
reduce individual profit on each arb at all. It’s a perfect system.
This chapter lists a huge number of free bets which are available at the time
of writing (July 2010). I update this list monthly to make sure the free bets
we’re using are always up to date. I count £845 in free money right here! As
you know, we’ll lose half our bets and claim a huge £422.50 in free money! I
made it to £632.50 from these free bets (including profit from the arps
themselves), and you can too. In fact, with some careful searching and the
knowledge you’ve learned from this book you should set yourself a target of
beating what I made!
If you’d like to stay up to date with the monthly free bet offers, owners of this
book are eligible to sign up for my FREE monthly mailing list keeping you
up to date. I promise I’ll never pass on your details, and will only email you
on the first of the month with the offers. To join, just send a blank email with
the word ‘MAILING’ as the subject to tomrichardreeve@gmail.com.
Remember, it’s always worth checking the sites listed carefully to ensure the
offer is still on before you bet. Some require you to make deposits in a certain
denomination or to signup through the ‘offers’ page etc. It’s easy stuff, but
worth checking!
Without further ado, here are the July offers (in no particular order):
1. Betfair - £25
http://www.betfair.com
3. StanJames - £25
http://www.stanjames.com/
5. Centrebet - £20
http://www.centrebet.com/
6. Boyle Sport - £40
http://www.boylesports.com/
7. VC Bet - £50
http://www.victorchandler.com/
8. Totesport - £25
http://www.totesport.com/portal
9. Eurosportbet - £25
https://www.eurosportbet.co.uk
With these 30 free bets under your belt you will be hundreds of pounds up
on your initial position (and much happier!) And it doesn’t have to stop there!
I cashed out these free bets within a single weekend, and you can do the
same. From there, you could continue to use these bookmakers to rake in the
long-term profit with the other techniques you’ve just learned! This list of
bookmakers tells you where to arp, but for those of you who are
uncomfortable with the maths, in the next section I will show you some
websites that can speed up the process for you.
FINDING A DECENT ARP SEARCH ENGINE
Finding a decent arbitrage search engine is difficult. The best ones cost
money, and the free engines are often scams. I’ve scoured the net for the
best ones for you, and have come up with http://www.arbets.com/?aff=343
and www.arbspy.com as the best pair.
Arbets is the best arbitrage search tool available. As soon as I started using it
I doubled my profits, and the subscription fee paid for itself within a single
weekend (of straight arping rather than free bet sniping). The site found
48,950 opportunities in the last three months, an average of 537 per day!
Imagine making just £5 on each chance!
Check it out for yourself- the website shows their recent paid opportunities,
and margins tend to be high- between 7-20%! It’s well worth a look if only
for a single month- I haven’t regretted the money for a moment. Have a look
for yourself over at http://www.arbets.com/?aff=343
If you’d rather play it safe, the free website www.arbspy.com could be worth
looking at. The opportunities are far less frequent than the paid alternative,
and margins tend to be slimmer, but at least it’s free! A membership with
Arbets renders Arbspy irrelevant, but if you’d rather not stump up the cash
it’s worth a punt.
WRAPPING UP
You are now in a very special position. You are, relatively speaking, almost
alone in understanding the potential revenue that can be made from
arbitrage sports betting. You understand that there’s no risk other than
human error. You are able instantly, right now, to start cashing in free bets,
scooping thousands of pounds in immediate profit. You know how to extend
this to the medium term for solid profits, and how to avoid detection in the
very long term by working with a friend.
I hope you’ll agree that the information in this book is extremely valuable!
Arping can be a fun business opportunity with surprisingly fruitful returns-
all that’s left to say is get out there and get on with it! You won’t realise how
valuable this information is until you see the first cheque come into your
account!
Good luck, and go beat a bookie!
Tom Reeve.