World globalization brings up a lot possibilities as well as problems, and a very competitive environment in every single field. Let’s meet Phil, who buys watches in the USA and sell them in the UK. Phil has a small store where he sells his watches. Let’s say he buys watches for €100 and sell them for €300. His profit is €200. Phil creates an arbitrage opportunity, doesn’t he? Phil owns 200 watches (200 x €100 = €20,000, which is just capital, from which he needs to make a profit); pays a rent for the store, insurance and a security system; and must work on his marketing strategy, etc.
Now let’s meet Steve. Steve is a sport arbitrage trader. He has a budget of €20,000 and his ROI coefficient is 10%. He paid for the Arbitrage Training. He owns two computers with two additional screens, and pays for high-speed Internet and RebelBetting software.
Phil had to sell 10 watches every month to earn €2,000, and he must sit at the shop every day from 9:00 to 18:00, which is 63 hours per week. Steve has to place 1,000 arbitrages every month to earn €2,000. When we consider that Steve waits, finds, places and controls one sports arbitrage opportunity in five minutes (12 arbitrages per hour), that is just 83 hours per month.
Just observe the world around you and try to think about an instrument called the sports arbitrage betting strategy. Join our Arbitrage Training, and think like a real businessman.