If you are new to sports arbitrage/sure betting you should first practice arbing, as it is also called, without the use of real money. This is called paper trading and it’s a good way of learning the basics of the sure betting process. Don’t dismiss the importance of paper trading – it gives you valuable knowledge about the whole betting procedure.
When paper trading you will be making the same steps as you would be if you were betting for real, except confirming your bet.
How to paper trade:
- Start the sure betting service, select an arb in the list and find the match at each bookmaker. If you don’t have a user yet, register here.
- Verify that the odds haven’t changed.
- Add them to the betslip.
- Enter your stakes.
- Verify that the information is correct. Doublecheck participants, date and time, name of event.
- Mentally place your arb.
- Practice logging your fictional bets in the BetTracker.
By practicing paper trading you’ll soon get to know the differences in how each bookmaker behaves and you’ll get fast at catching arbs.
Read everything you need to know about sure betting in the Ultimate Guide to Sure Betting.
There’s a lot to learn in the beginning but there’s no need to rush. In time, your confidence in arbing will grow. Also, don’t hesitate to sign up for Arbitrage Training, an online education course specifically aimed at RebelBetting users.