Global Betting Ultimate Guide to 3 Sports Advantage Play

Advantage Play

28th Feb 2021

Table of Contents & Jump Link for convenience

1. Global Sports Betting – Advantage Play Strategies
   1. Global Advantage Play
   2. 3 Sports Advantage Plays Progression Tactics
2. Worldwide Online Gambling Law, Tax & Security
   1. Law-Related To Legitimate Global Online Sports Betting
   2. Global Sports Betting Tax
   3. Security & Caution
3. Global Sports Betting – Matched Betting
   1. What You Need for Global Sports Betting Matched Betting
   2. Process, Available Alternative Site Options & Software Tools
   3. Matched Betting Alternative Method
4. Global Sports Betting – Sports Arbitrage
   1. What You Need For Global Sports Betting Sports Arbitrage
   2. Process, Available Site Options & Software Tools
   3. Arb Alternative Method
5. Global Sports Betting – Value Betting Without Hedge
   1. What You Need – Value Bet Without Hedge
   2. World top-notch Software, Tipster & System
6. Global Betting – Conclusion
   1. US Betting Regulation Updates
   2. Global Betting Final Summary

Global Sports Betting – Advantage Play Strategies

Global betting is exploring both domestic & international online sportsbooks + betting exchanges, which you can legitimately access from your jurisdiction. 

Our edge is to make the best use of advantage gambling/play to make money reliably from global sports betting. 

Global Advantage Play

Firstly, many people automatically think of Betting = Gambling. Big Misconception. We do betting but don’t count on luck or chance. Instead, we do 6 Advantage Plays based on mathematical edge to beat the bookies, casino & bingo.

When it comes to the Sports Betting, we use Matched Betting / Sports Arbitrage / Value Bets On Proven Tipsters to lock-in profit or consistently earn extra income for long-term.

As our name Global Extra Money (GEM) implies, we would like our readers to exploit such reliable money-making opportunities in worldwide.

Since we do online betting, you can access the legitimate betting sites from your PC as well as betting apps globally. 

I summarized comprehensive tables showing you Which Countries can do Which Advantage Plays & How, in the “Conclusion” section for your convenience. 

3 Sports Advantage Plays Progression Tactics

We draw scenarios of global betting assuming the players would pursue the 3 advantage plays of sports betting. We suggest people take progressive move as;

• Starting from Matched Betting (see  Dummies Guide) / Sports Arbitrage (see Cheat-sheet for Dummies). Because these are basically risk-free and you can lock-in profit from almost every bet. Means you can start safely, which will help change your mindset toward betting activities/gambling.
• Comparing between matched betting & sports arbitrage, many people feel more comfortable to start matched betting first because you can do it easier with a smaller bank.
• However, these 2 methods could be more short-lived down the road due to the ever-tightening soft bookies’ account restriction (arbitrage is shorter-lived than matched betting). See the rationale in Know Bookies’ Business Model. Besides, these methods are all about scalping small margins. Therefore, people often feel frustrated with limited profit scale in each bet comes from the risk-hedging nature.
• Thus, evolving into Value Betting On Proven Systems / Tipsters which with more scale & better efficiency for long-term, is a natural move as an ultimate betting activity.

Allow me to emphasize that the above progression tactics are logical and the safest approach for newbies. Please see the whole picture in 3 Advantage Gambling in Sports Betting – Guide For Ordinary People To Beat Bookies.

So, wherever you reside, if you’re new to Betting, suggest firstly seek if you can start up with matched betting. Once you exploit these opportunities, you can move to the value betting.

We will show you what you would need & how you can possibly pursue each advantage play successfully in the following sections;

Worldwide Online Gambling Law, Tax & Security

Law-Related To Legitimate Global Online Sports Betting

• All countries around the world have their own laws and legislation regarding gambling of all kinds. According to Simon’s Guide To Online Gambling Legal Status and Laws, except for 8 countries in the world (Cyprus, Poland, North Korea, United Arab Emirates, Singapore, Brunei, Cambodia), players gambling online have little to worry about.

Who Face What Risk

• The blog continues that as a rule of thumb, governments mostly penalize illegally operating gambling firms and rogue online gambling websites but not the players. If you are playing online in the privacy of your own home, being prosecuted is extremely unlikely except the above 8 countries.
• To check the detail of your own jurisdiction status, go interactive map (the below image) of the above blog;

  

• In short, unless you plan to start betting related business, realistically most of you are likely to bet online without any penalty. The issue is how you are able to open an account of the best sports betting sites you need for advantage plays.

Global Sports Betting Tax

The tax we refer to is only Winnings From Betting of individual punter and not the activities related to gambling provider/business. Simply put, there are only 2 options of gambling tax;

• No Tax – 100% exempted, typical case is the UK. It applies not only to casual punters but also professional punters (those who use gambling income for a living). Because HMRC (UK tax office) do not recognize professional gambling as a taxable trade. See BIM22017 No single report is required.
• Levy On Net Winnings, the typical case is the USA. Only net winnings (total winnings – total loss) are levied. You basically can’t claim net loss aiming to any kind of tax refund, see IRS Explanation.

Source: Cheeky Punter

If your country is not listed then it’s likely gambling is not strictly legal and there is, therefore, no taxation laws.

As seen from the list, there are a variety of different attitudes towards taxation on winnings from different types of gambling. Looks, there are more no taxation countries than taxation countries.

When it comes to specifically sports betting, taxation countries are the minority. So, for those who reside in the jurisdiction of No Tax but not have had a chance to do sports betting, it’s a good opportunity to make the best use of your government’s generous tax system.

Note

We are not in the position to make any tax advice to any of the readers, so please ensure you consult your qualified tax specialist before you take any decision on the tax.

Security & Caution

Each online bookmaker has its own policy of the restricted countries, which may be different from the law. If you encounter the page like below, your location is Geographically Restricted by the bookmaker a.k.a. Geo-Blocking;

You may want to use Bookmakers Restricted Countries List, where you can check if you can access the specific bookmaker you intend from the jurisdiction you reside;

VPN (Virtual Private Network)

Some betting advice sites suggest VPN access to sign up offshore bookies. Yes, you may be able to physically access, register & bet.

However, bookmaker’s KYC (Know Your Customer) policy will enforce you to verify your account with ID (Passport / Driving license etc), Address Proof (Utility Bill, Bank Statement etc) & possibly Deposit Method Proof (Credit / Debit card Both Side).

Some bookies ask for it right after registration, some may not ask until you start withdrawal. In case you fail to verify, your account will be suspended & your winnings could be confiscated, which is a disaster.

So, don’t believe the rogue site’s unfounded story lightly. Unless you have a reliable person who allows you to use the above personal information willingly (probably only immediate family or extremely close friend), you’d better forget about this approach.

If you have such a reliable source then you need a reliable VPN. Based on our members’ feedback, this VPN is supposed to be the best from the viewpoints of the strongest security, high speed, versatility (accessible countries) & cost – – for further details, see Best VPN For Betting – Why Sharp Needs Privacy.

Now, let’s move to the specific tactics on each advantage play.

 

Global Sports Betting – Matched Betting

What You Need for Global Sports Betting Matched Betting

In order to make money from matched betting, you need Soft Bookies, Betting Exchange & Basic Tools;

Soft & Sharp Bookmakers

Broadly speaking, there are 2 types of bookies of Soft & Sharp bookies, for details, take a look at Beat The Bookies By Knowing How Your Enemy Makes Money – Secret Of Odds. But very quickly, we can characterize each bookie as;

• Soft bookies: Targeting Casual Punters – Run a lot of promotion / Odds adjustment is relatively slow / Impose account restriction (gubbing)
• Sharp bookies: Targeting Professional Punters – Highly competitive odds / High staking limit / Never impose account restriction

We Need Soft Bookies For Matched Betting

• The profit source of Matched Betting is bookies’ bonus / free bet, namely welcome offer to new players & recurring offers to existing players.
• Besides, bookies’ slow odds adjustment enables you to improve profit. Therefore, you need to access Soft Bookies based on Promotion Driven Business Model.
• In fact, the majority of online bookies are such Soft Bookies.
• On top of the above Bookmaker’s Restricted Countries List, you may use Bookmakers By Each Country, which lists nearly 150 countries. It shows the most popular bookies in each jurisdiction although it is not necessarily available as seen from the below screenshot. Nevertheless, it’s a good source.

Betting Exchange

• The established betting exchanges are Betfair, Betdaq, SMarkets & Matchbook. (see their latest offers). In short, you need bet exchange to cover all the outcomes efficiently for the risk-free transaction.
• You can also use Dutching but it will limit the opportunities. Check which bet exchange is available in your country. For the latest information about Restricted Countries of each exchange, go my separate report & check Betting Exchange Sign-Up Strategies Section.

Basic Tools

• Although you can do matched betting manually, basic Tools, such as Odds Matcher & Matched Betting Calculator will save your time a lot. You can search the matched betting opportunity and calculate lay stake & predicted profit very easy. There are free tools as well as paid advanced tools.

Process, Available Alternative Site Options & Software Tools

Prerequisite

Firstly, check your accessibility to the soft bookies. If none, then forget about this opportunity (honestly, except the 8 countries that ban online betting, I believe everybody can do matched betting by using this approach).

Anyhow, as said at the beginning, we would never suggest VPN tactics (except Bitcoin Betting Sites). Although there is very little chance of being prosecuted, the risk of financial loss (the confiscation of your fund or forfeiture of your winnings etc) is too big.

If you have a decent number of accessible soft bookies, go next step. Well, you may ask, how many are the decent number. Theoretically, you can do it when you can access even only 1 – 2 soft bookie(s). For example,

BetOnline

Sports Betting

Both BetOnline & Sports Betting (BetOnline Group) have just a few restricted countries and accept many players including the US. These Caribbean bookmakers (Panama) provide a lot of juicy offers especially for US players and hardly gubb your account. High quality oddsmatcher such as Oddsmonkey (see our review) covers Betonline and always captures a lot of good opportunities as below;

You can check the available offers from best sports betting sites, go & check 11 World Best Offshore Betting Sites Offers.

Anyhow, as long as the bookmaker offers you a welcome bonus, you can construct the matched betting Without Any Cost as being explained later. It is just a matter of how you value the return on your time.

For UK residents, the above Oddsmonkey as a full package service is best suited but outside UK & Ireland, using this approach would be preferable for everybody in the world including US citizens for more cost efficient & focused matched betting activities.

Betting Exchange Access 1 – Bet Broker Service

If you can’t access a betting exchange, consider using bet broker. Bet Broker is a middleman between you & the offshore bookies & betting exchanges which you can’t usually access due to geographical location.

It’s a convenient service but you’re not depositing money to the established bookmakers & betting exchanges, so you need careful risk management. Therefore, before opening any accounts, strongly suggest seeing our Honest Opinion About Bet Broker & How To Use Them Safely & Smartly.

As long as we see, the following 2 bet brokers are the proper candidates because they cover at least 1 betting exchange;

Asianconnect – US / Philippines / Singapore Players Not Accepted, Accessible Bet Exchange is Betfair Whitelabel.They run Get 20% on your 1st deposit up to €400 offer, check a promotion code.

Sportmarket – UK, France & USA Not allowed / accessible to Betdaq, Matchbook & Betfair (but not lay bet but back bet);They periodically run bonus offer, so check this guide if it’s available now.

Betting Exchange Access 2 – Betfair White Label

The above bet brokers provide good accessibility & full capacity usage especially for Matchbook & Betdaq but have certain limitation to Betfair access. Betfair is the world-leading betting exchange providing the largest market coverage & highest liquidity.

Although Betfair restricts many countries, they started actively exploring missing profit opportunities in those restricted countries by providing White Label solution. Means people can enjoy exactly identical Betfair platform under re-branded site.

It’s typically described as “Powered By Betfair” in the site where Betfair white label approach is used. we have separately issued the report of Betfair Alternatives – Select The Best Option To Suit Your Unique Needs, where you will find Betfair White Labels providing effectively Betfair Identical platform. Very briefly, you may consider the following 2 options;

Orbit Exchange Provided By BetinAsia, relatively new bet broker but expanded its market share rapidly with excellent service – the US, UK, Sweden & France Not Allowed;

They also run Get 25% 1st deposit bonus up to €125, check T&C.

Another broker providing Orbit Exchange is Bet-Football (they are a bet broker that offer also Betdaq, Matchbook exchanges as well as various sharp bookies) – UK, France, Turkey & USA Not allowed

Betting Exchange Access 3 – Pinnacle

If you can access to Pinnacle, the world best sports-book for professional punters – see full details of this excellent bookie in our Full Review. You can use it as an alternative to the betting exchange. How? Take a look at Pinnacle Arbitrage – Alternative to Laying on Exchanges.

Even you can’t access directly, all the betting brokers provide you with Pinnacle account. In any case, using Pinnacle as an alternative to bet exchange will definitely expand your matched betting options.

Betting Exchange Access 4 (Last Resort) – Bitcoin Betting Exchange Sites

For those who can’t access to Betting Exchange in any means of the above methods (especially for US Citizens), the last resort is using Bitcoin Betting Exchanges, there is a following established Bitcoin Betting Exchange (for full details, check Bitcoin Betting Guide) ;

FairLay

• License: San Jose Costa Rica, and founded in 2013 (originally in London)
• Trustworthy Operation receiving regular independent audit on a full reserve of the customer fund – see Proof Of Reserves
• Commission on winning: 0.25%
• Market Coverage is quite good including horse racing (see the below screenshot)
• Obviously the highest liquidity
• Only e-mail (on top of setting up User Name & PW) is required as personal information to open an account
• Restricted Regions: New York, Washington, Costa Rica, & UK (Only Binary Market)
• Start: Register

Matched Betting Basic Tool – No-Cost Tactics

If you can access to both Soft Bookies & Betting Exchange, you can start matched betting immediately. For the basic tools, use Free Matched Calculator & Free Oddsmatcher. This free oddsmatcher covers around 80 bookies, If your bookmaker is not a part of it, you need to seek the opportunity manually.

BTW, for those who are not familiar with matched betting, you can learn from Matched Betting Guide & Quick List of Matched Betting Instructions.

For beginners to intermediate level, access to our Free Program of GEM Extra Money Program £/€/$ 50,000 Conquest. It’s a well designed practical course for any of you to make a profit from all the 6 advantage plays as long as you follow the instruction.

Matched Betting Basic Tool – Advanced Tactics with Paid Premium Service

If you’re seeking premium matched betting service including sophisticated ACCA software, the below 3 are the current best choices (one of the benefits to using them is 0% Betting Exchange Commission thanks to their partnership with SMarkets, Matchbook & Betdaq. Only with this, you can cover years of their subscription fee.);

If you live outside the UK/Ireland, check; 

Matched Betting Alternative Method

We have discussed the process between soft bookmakers & betting exchange. However, you can make it between bookmakers without involving a betting exchange, which is called Dutching Betting.

The above 3) software uses mainly ditching, that’s one of the reasons why it enables almost all players in the world to enjoy matched betting.

Global Sports Betting – Sports Arbitrage

What You Need For Global Sports Betting Sports Arbitrage

In order to make money from arbitrage betting, you need Both Soft & Sharp Bookies and High-Quality Tool;

Process, Available Site Options & Software Tools

Prerequisite

Same as the matched betting, you need soft bookies. But this time we don’t need their promotional offer but use their slow odds adjustment. This is because the profit source of Sports Arbitrage comes from Market Inefficiencies that creates under-round condition when we cover all the outcomes of a sports event. 

Means, we locate an arbitrage opportunity when bookmakers present different but sufficiently high odds on each side of an event. That often happens between a soft and a sharp bookmaker. It is difficult to place arbs among only sharp bookies because they are very fast at adjusting odds. Therefore, we need both soft & sharp bookies.

So, again if you’re not able to access soft bookies, it’s better to skip this advantage play. Because keep chasing arb opportunities among sharp bookies or with just a few soft bookies most probably just waste your time.

Considering the cost of high-quality software subscription, we would say you need at least 10 soft bookies to make a decent profit.

Sharp Bookies Access – Direct Sign-Up or Bet Broker Service

As briefly said, the sharp bookies are from Asian & Caribbean Regions. Let me list up the names;

When it comes to Asian Bookies & Pinnacle, even if you can open an account directly, you may consider using Bet Brokers. You can place a bet at multiple sharp bookies via bet broker’s single account, very efficient. Their platform automatically selects the best odds among the sharp bookies for you. See the list of Bookies each bet broker covers as follows;

However, again, before opening an account of any bet broker, take a look at Honest Opinion About Bet Broker & How To Use Them Safely & Smartly.

Arbitrage Finder – Software

First & the foremost, the ideal tool is the software specialized for arb findings. The best and the most widely used – over 100,000 users in the worldwide including Antarctica (not kidding) is RebelBetting. See our full review of; RebelBetting Review – Truth About World Best Sports Arbitrage Software.

Sports Arbitrage Instruction

If you can access to both soft & sharp bookies, you are ready to start sports arbitrage. Just in case you are completely new to the arbing, suggest you take a look at Is Sports Arbitrage 100% Risk-Free Surebet?.

If you know the basics, just follow Sports Arbitrage – Cheat Sheet For Dummies To Be Seasoned Arber Overnight.

Arb Alternative Method

We have suggested that, among 3 advantage plays, people should start matched betting first if possible because of the easier process with lesser chance to make mistake. Then, for those who already do matched betting, you can use a betting exchange for sports arbitrage. High quality oddsmatcher like Oddsmonkey can always capture arb opportunities (simply put, it is the condition of higher back odds at a bookmaker than lay odds at betting exchange). For further details, take a look at Arbitrage Betting – Use Exchange & Extend Matched Betting Profits

These sports arbitrage tactics will expand your matched betting profit.

Global Sports Betting – Value Betting Without Hedge

Actually, the advantage play is pursuing a positive EV (Expected Value) opportunity that is a Value Bet. Both Matched Betting & Sports Arbitrage are based on value betting, and since we use hedge namely betting all the outcomes, thus we can secure profits without risk.

On the other hand, Value Betting Without Hedge is not risk-free, we have to prepare for Variance but as long as you take only Value Bet (+EV), you will not lose but surely be profitable in long-term.

Unlike matched betting & sports arbitrage which scalp a lot of small earnings, Value Bet’s ROI is much bigger without hedge thus much more efficient.

For this particular rationale, take a look at Value Bets Finder – List Of The Best Value Odds Software.

What You Need – Value Bet Without Hedge

In order to make money from Value Betting, you need Sharp Bookies or Bet Exchange & Proven Software / Tipsters / System.

World top-notch Software, Tipster & System

Prerequisite

Unlike matched betting & sports arbitrage, you don’t need tens of bookmakers. You can sign up at least a few sharp bookies, which everybody in the world can do either directly or via bet brokers as already explained.

The most important & hardest task is finding a truly excellent value bet finder/tipster (handicapper) / betting system. You can look for the one by your own research using the above methods & checklist.

But, we will provide you with the below 4 systems based on our years of the research & experiences, which may save you time. The first 2 are Value Betting Finding Software (you can use Soft Bookies as well), then followed by Human Tipster rating service and finally Human & Machine Integrated System;

Trademate Sports Value Bet Finder Software – For Worldwide Players

This is a Value Bet Finding Software, founded in Noway in 2014. Many of our members reported “Consistent Earnings Without Any Single Losing Month”. We examined Trademate Core by ourselves and we now feel it’s a Genuine Long-Term Solution for everyone seeking solid monthly extra income. Check our review and their site

Especially for US Players

We strongly urge all US bettors to check Value Betting USA – Trademate US Sports Software Assessment which shows how we achieved over $12,000 pure profits with $3,600 starting bank after placing 5,000 Bets based on LLN theory. 

RebelBetting Value Bet Finder Software – For Worldwide Players

As already introduced in Sports Arbitrage section, RebelBetting is famous for the Best Sports Arbitrage Software and they extended their expertise into Value Bets Finder. Needless to say, their proven technology has been well integrated into this Value Betting Software. See our review and check their site

SBC (Smart Betting Club) Human Tipster – For The Players in UK / Europe

This is not a tipster but a tipster proofing & rating institution and probably the most reputable rating service supported by a frequent quote by media in this industry. Their primary region is UK & Europe. Please take a look at our Secret Betting Club Review – Inside Analysis Of Ultimate Sports Betting Method

ZCode System Human & Machine System – For The Players Anywhere In The World

This is probably one of the most successful sports investing system in the world. Their priority area is US 4 Major sports (also cover soccer & horse racing) but being used by the punters worldwide. ZCode system comprises Computer Automated Tips based on a huge database & Human Expert Tips. Please take a look at; ZCode Review – Full Inside Analysis / Founder Interview / Secret Of Winners Worldwide.

Global Betting – Conclusion

US Betting Regulation Updates

Allow me to share the latest USA sports betting legality for US citizens. There are 3 laws related to US online sports betting as follows;

For (1), it targets betting business providing betting services in the USA, not an individual who places a bet on sports.

For (2), despite the facts that US Major Professional & Amateur Sports Leagues including NFL, NHL, MLB, NBA and NCAA have strongly opposed to sports betting legalization except NBA Commissioner Adam Silver who publicly wants sports gambling legalized, the Supreme Court struck down PASPA in the federal level on 14 May 2018, so now the legality depends on each state. Check here for the latest legal status of each state.

For (3), UIGEA restricts offshore bookmakers to accept credit card/cheque from Americans, but cryptocurrency like BTC is a loophole (see Bitcoin Betting).

Most importantly, there is no single federal law that specifically makes it illegal for US Citizens to bet online offshore. Therefore, tens of millions of American bet over $150 billion through offshore sportsbooks every year.

The bottom line, check the status of online sports betting in your state and if it’s legalized you may want to use the sportsbooks that are already regulated, or/and you can keep using offshore sportsbooks without any problems.

But make sure, you use the offshore sites that have based in a jurisdiction where online betting is legal and regulated like the sites we list in this offshore best sportsbook guide.

Global Betting Final Summary

Let me summarize;

The below tables give you a quick picture of the above;

Global Sports Betting Table 1

Global Sports Betting Table 2

If you need any assistance from us, please contact us anytime, we will get back to you as quickly as possible, usually within less than 24 hours;

Hope this report will help you Create More Extra Income.

Good Luck!!

Joshua Walker (bio)

Editor – Global Extra Money (GEM)