Sports Arbitrage World Outlook: February 2010
One month into 2010 and traders from all over the world are reporting January as an extremely rewarding start. Profitable arb trades were available from almost the entire assortment of sporting events covered by the online sports bookmakers. There were a total of 22,401 arbs reported by ArbAlarm from 1,540 different matches in the various sports events held last month. The average yield was 3.9%.
As expected, with the Australian Open and upcoming 2010 World Cup matches, the most prominent sports were soccer and tennis which provided over an aggregate of over 16,000 arbs. Soccer provided over 7,500 arbs while tennis gave traders over 8,5000 arb opportunities. In addition, traders dealing in arbs from NHL and NBA also did remarkably well. Many involved Pinnacle and 5Dimes. Average profit yield was around the 3.5% mark.
Snooker and Darts were also important this month, with almost 1000 trades. Stan James, Skybet & VCBet featured most prominently in generating surebets for these sports events. Average profit yield was around 6%.
February looks set to be a busy month with the many golf matches lined. The Buick Invitational golf match is scheduled to play off at North Course La Jolla, California at the start of the month. There ought to be plenty of Arbs opportunities to capitalize on with Tiger Woods playing here. He will also be playing towards the end of the month at the WGC Accenture Match Play Championship at the Ritz-Carlton GC Marana, Arizona. Remember to check out the Sport Arbitrage calendar for more details on the other sporting events taking place over the next month.
This month will also see the introduction of cross market sports arbitrage trades in the TraderZone, first as a beta limited to owners of the Advanced Series of books by Rajeev Shah and then as a general release to all members.
If you haven’t done so already, click here to sign up for your free TraderZone account and you’ll get full and immediate access to all of Sports Arbitrage World’s software & services.
I wish you a very profitable month ahead!
