Sports arbitrage is a very fun and unique way to make money with sports bookies. Without the help of the internet, this would never be possible. Here are 5 benefits you must know about.
Benefit #1: No Gambling
This is the part that makes people really confused. Yes, we place bets with bookmakers, however, due to how the calculations are done, there is no need to guess the results of the game. You will still profit no matter what the results turns out to be.
Benefit #2: No Tax
From what I know, in almost all countries there is no tax for when you win money from bookmakers, casinos or lottery. I must say that I am not an attorney and I have no idea if this is 100% true in your particular country or state.
Benefit #3: No Incorporation
When you start any business, you need to incorporate and in some countries or states, it may mean a lot of paper work and a long boring process. For sports arbitrage trading, no incorporation is required, saving you both time and money.
Benefit #4: Flexible Hours
You can do this any time you want as long as you have high speed internet access. Unlike a typical business, you have absolutely no customers which means there is no need to spend your time doing customer support. You also do not need to hire any employees.
Benefit #5: Recession Proof
Arbitrage betting will never be affected by the global economy because no matter how bad the economy is, sports events will still go on. As long as there are sports events, there is money for you to make.