Arbitrage Software   Arbitrage software is essential tool to make steady profit from arbitrage betting. Or isn’t? Obviously if you want to follow traditional arbitrage systems and look for miss priced odds over several hundred bookmakers, you can’t do it without arbitrage software.        There are 2 types of arbitrage software:      1) Web based arbitrage software – service. These websites usually charge monthly fee for accessing arbs they find by using complex software - data crawlers. Data crawlers are like Google spiders going through hundreds of online bookmaker pages and sends back to server prices for particular sporting events.      The good thing about these services is that you don’t have to download any arbitrage software to your desktop; hence you don’t have to keep your computer up and running 24 hours a day.      (Some arbitrage alert companies offer SMS text service as well, which is very handy if you can’t stay in front of your computer all day to wait for an e-mail or to login your arbitrage alert service control panel every 5 minutes.)      The downside for web based services – monthly cost. If you’re serious about making a full-time income from sports arbitrage, then £50 - £100 per month could be a reasonable cost to run a business. But for people who would like to do it part-time, ongoing monthly charges could eat all the profits, especially if your bank isn’t big enough.      2) Downloadable arbitrage software – for a one time fee (or even for free!) you can get your very own arbitrage trading software. Some of the most poplar solutions are “Sports Arbitrage Trader”, “Sports Arbitrage Finder” and “Win Risk Free”.      However you should be aware of some disadvantages of stand alone arbitrage software solutions, like: • You’ll need high speed Internet connection and powerful PC to run software. Also, for best results you’ll need to run it 24 hours a day, which could be a problem to use PC for other tasks. Ideally you have to use separate computer for arbitrage software. • Some of software solutions are not fast enough (especially cheap ones) to deliver results while prices stay same. This means – when you actually do get arb alert, it’s too late because prices have already changed.      Whatever arbitrage software you’ll choose, probably you’ll never make enough money to quit your day job. Because arbitrage betting is very tricky and arbitrage software will not resolve all your problems.      Even using top-notch arbitrage trading solutions you’ll face the same problems almost every arbitrage trader have: • Very small number of profitable trades (with ROI 2% to 5%) • Odds changed before you’re ready to place bets • Bookmakers simply refuse your bets • You have to open accounts with dozens of bookmakers • Withdrawal fees makes all this process almost un-profitable      There’s a way around all these problems, by using a little bit different approach to arbitrage trading, even without proper arbitrage software.   To Your Freedom, Andy Minalto Online Betting Expert Founder, BookieClub.com