As the 2014 FIFA World Cup progresses, opportunities abound in the fluctuating prices of football betting markets. Find out how to make small, regular gains by engaging in arbitrage betting - comparing prices and capitalising on changes as the tournament develops.
A few basic rules can help arbers (those who use arbitrage) identify where to invest:
Before the start of the tournament, bookies offered lucrative odds to assess where punters' opinions lay. Some gamblers will already be reaping the rewards by 'cashing out' their bets with top gambling sites like Bet365 Sports. This means that if you back a team to win and they are up during the match, you will be offered the chance to trade in the bet for a guaranteed, though slightly smaller, profit. The same is true for many of the outright World Cup betting markets, and some clever arbitrage can see gamblers win an early profit - if their timing is right.
Those who backed the Ivory Coast to beat Colombia at 11/4 with Bet365 Sports have already been given the opportunity to cash a £10 bet out at £14.70 after their victory over Japan, but knowing whether or not to take it is another matter. Don't agonise over the timing; decisive moves deliver regular profits. Setting yourself profit targets makes it easier to cash out at certain levels rather than riding your luck. Often, locking gains in rather than waiting out a market for bigger profits is a good way to maintain liquidity, keeping your pot full and ready to deploy again across the World Cup betting markets.
In some cases, gamblers may still choose to let their bets ride. Anyone who bet on Thomas Müller in the World Cup's 'top goal scorer' market will be able to cash out at a profit already after his hat trick against a hapless Portugal side saw his odds tumble from 28/1 to just 5/2. But with Germany looking in excellent form, the profit on offer needs to be weighed up against the very real chance that Germany progress and Müller continues converting up front.
This is all the more tempting because reinvesting in new markets comes with risks too. The flip side of Müller's success is that Junior Neymar went from 4/1 when the tournament opened to 5/2 after the Croatia match, before drifting to 7/1 after the goalless draw with Mexico. Anyone who reinvested profits in Neymar at 5/2 will be looking at a loss, but you can learn to avoid such disappointment by following the above rules.
For all of the latest football betting odds, visit Bet365 Sports today!