Arbitrage software guide

The Lets Compare Bets guide to arbitrage software aims to address what arbitrage is and how arbitrage software works to aid the process of finding arbitrage opportunities. For those interested in a specific aspect of arbitrage software there is a table of contents below making it easier to find the information required.

What is arbitrage?	Where does arbitrage occur?
What is arbitrage software?	What is sports arbitrage software

In the context of economics arbitrage simply means exploiting differences between the price aspects of financial markets. The differences that exist in markets creates the opportunity to profit. Arbitrage trades occur simultaneously in order to reduce exposure to market risk and to reduce the chance that the price changes for the trade can be executed.

Where does arbitrage occur?

Arbitrage occurs in various financial markets and in fact any market where you get a difference in price between some kind of tradable asset. It is beyond the scope of this guide to discuss all types of arbitrage software. Instead it is sports arbitrage software that is discussed.

What is arbitrage software?

Arbitrage software is that which is designed to speed up the process of finding arbitrage opportunities and make the process of trading arbitrage situations more effectively.

Sports arbitrage software does the above in the sports betting market. Sports arbitrage software can be divided into two types. Those that help profit from arbitrage betting opportunities that arise from different bookmakers and those designed to operate on one platform like a betting exchange.

The first type scans online betting bookmaker websites for the odds they price for sporting events. If an arbitrage opportunity occurs the sport arbitrage software reports this to the user. Different sports arbitrage software providers present the arbitrage opportunities in different ways.

The second type of sports arbitrage software relates to betting exchanges. The largest betting exchange is Betfair. Betfair has allowed software engineers to have access to the website's software. There are now various types of Betfair software or Betfair bot. One of the functions of the Betfair software is to help with Betfair arbitrage betting. Binteko Software have developed Betfair betting software that has a function that caluculates the stake for a corresponding arbitrage (no risk) trade if one can be made. A handy feature that allows the trader to profit from a selection no matter the outcome.

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