Make money on bets without investing money, Free betting without deposits
Nonetheless, there's a small percentage of people who earn money investing in sports bets, and some of them are even able to make it without the risk of losing money. What I mean by this is that most people place their bets out of emotions, instead of analyzing the value of their investments.
The truth is that bets are no different to any other kind of investment, where you make a prediction upon something, with a certain possibility of being right, and a given reward in case you are. In fact, a big advantage that betting has over other ways of investing, such as placing money on cryptocurrencies or in the stock market, is that you will have a fixed reward in case you chose the right outcome, and know exactly what you are risking and what you can potentially make out of your investment.
Arbitrage consists in guaranteeing a risk free profit, by buying something and immediately selling it at a higher price.
In case of sports bets, what we do is look for a sports book bookie who offers a significantly higher odd payout than the rest to a given outcome of an event. In order to make it simple to understand, mainly for those who are not familiar with betting, we will use an example: We've got a basketball game between Lakers and Cavaliers. In fact, if I get enough interest in this topic, I am willing to teach you step by step, completely free, how to do it, including theory and practice.