How To Start Earning From Sports Arbitrage Now we have a firm understanding of how arbitrage works and what causes them we're going to see how best to spot them, and how to organise your time for maximum efficiency. As an arbitrage trader it's vital that you construct a daily checklist of events that you wish to investigate. It's very handy to buy a diary specifically for your arbitrage trades and jot down specific events you'll be hunting for arbitrages in. Make this a routine - for instance, perhaps on a particular Saturday you want to check English football Premiership fixtures, tennis fixtures and one day cricket series between India and England. Do not randomly hunt for arbitrage opportunities without a system firmly in place. Now that you've identified list of events you're going to attack today, what do you do next? Let's start with tennis fixtures between player A & player B in below example. We will see how to go about organising ourselves to see if an arbitrage opportunity exists: Example You find out that odds for Player A are as below: Player A To Win W.Hill 2/5 Ladbrokes 2/6 Eurobet 2/7 Scandibet 2/7 VC 2/6 And for player B… Player B To Win W.Hill 2/1 Ladbrokes 5/2 Eurobet 3/1 Scandibet 5/2 VC 2/1 Here it's obvious that best 2 prices are 2/9 for player A (W.Hill) and 3/1 for player B (Eurobet). Does an arbitrage opportunity exist here? Yes: To return a total of say £1000 on player A with W.Hill we need to invest (2/5+1 = 1.4...then £1000/1.4) £714.28 To return a total of £1000 on player B with Eurobet we need to invest (3/1+1 = 4...then £1000/4) £250 Our total investment to return £1000 whichever player wins is just £964. This is a clear arbitrage opportunity and you would then place £714.28 with W.Hill on player A and a further £250 with Eurobet on player B. At end of match you will pickup a certain profit of £35.72 - finding just 3 arbitrage opportunities a day of this kind (very achievable) will give you a daily profit of £107.16 - and a tax free monthly income of over £3000. The traditional way to approach sports arbitrage trading is to have a daily list of sporting events and work through them one by one. If you take this systematic approach with each sporting event you have on your checklist your chances of finding an arbitrage are very good. If you would like to learn more, you can discover a step to step guide of arbitrage trading and a list of daily arbitrage opportunities at http://www.freemoneyeveryday.com - for more free education you can also try http://www.my-online-powerpack.com/subscribersite.htm which goes into sports arbitrage methods in more detail. ********************************************************************************************* Find hundreds Of Sports Arbitrage Opportunities Daily at http://www.freemoneyeveryday.com

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Find hundreds Of Sports Arbitrage Opportunities Daily at http://www.freemoneyeveryday.com

8. Do double duty - · Do you sit in carpool line for half an hour? Read your longer e-mails, or newsletters that you have printed out from your computer. Read your mail that you saved for this time. · Do you have a small child? Try to schedule time for work and time for play. I work most of morning, fix lunch and then we head outside. We play for a while and then I sit outside while our daughter swings or rides her bike and use this time to read, study or draft ideas for my newsletter, jewelry or website. · Have your smaller children do their daily reading while you are cooking. I have my 1st grade daughter sit on kitchen counter and read to me while I am cooking. I can hear her read, and can help her with any words that she is having problems with. · Have your child do their homework while you are cleaning up dinner dishes. This way you are already in kitchen and can help if your child needs it.

9. Learn to "Just Say No!" - I have run into problem of people (hubby is my biggest diversion!) assuming that since I am a stay at home mom, I don't do anything all day but read or sit on couch with my bag of potato chips and watch TV. I am often asked to run errands, watch someone's kids or volunteer. If I have a full week I simply tell them that my week is overbooked as it is and I can not do it.

10. Avoid interruptions - · Let answering machine pick up your phone calls. · Do your call backs while you are sitting outside with your kids or sitting in your car in carpool line. Double duty! · Turn e-mail off. Only check your e-mail in morning, at lunch and at end of your day. E-mail is a major interruption. · If you are trying to work at home, explain to family and friends that you have work to do and will not be available between hours of 8-4 but would love to hear from them after that. You choose your hours.

By following a few of these simple time management suggestions, you should have another hour or two of time in your day to run your business or to just spend it enjoying your family.