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Arbitrage Betting:High Capital Requirement and Personal Characteristics

Time:2015-02-01 17:35 Source:Sports Betting Author:www.oppofan.com
High Capital Requirement and Personal Characteristics
Successful arbitrage betting ultimately guarantees small returns but the sacrifice is that the process requires large funds. The money is tied-up in the venture for a potentially long period of time.
Pursuing an average 2.5-3.0% profit per betting round and targeting a return of 15-25% of the capital employed per month, the ‘arber’ needs, for example, a starting bank of at least 25,000 € in order to make 5,000 € profit per month.
Wow! A lot of money required at the start to make it worthwhile, and entering the arbitrage arena on these terms will be impossible for many.
Of course, arbitrage betting is a pretty safe investment, but in addition to substantial funds it requires not only great expertise but also some strong personal characteristics to make it possible at all:
Many time-consuming calculations must be performed. Ouch, lots of maths!
Clear and complete records of every transaction must be kept. How boring!
Discipline and consistency has to be maintained at all times. Far too unsocial!
And lastly, a really stable, reliable and fast internet connection is essential, without any limitations to any bookmaker or exchange worldwide.
However, the average punter is perhaps not such a ‘professional’ investor, but bets for fun and/or the excitement of watching an event knowing that money is riding on the outcome. Of course, he hopes to profit from the wager but his are gambles, not investments. Is that the reason why there are so few ‘arbers’ out there and active in the market?

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