🚀 Your First Bet
Pre-Bet Checklist
✅ Account Setup Complete
BetterSlip account configured with proper filters and preferences
💰 Sportsbooks Funded
At least 4-5 sportsbook accounts verified and funded with sufficient balance
📱 Mobile Access Ready
BetterSlip mobile app installed with notifications enabled
🧮 Tools Tested
Arbitrage calculator and betting tools tested and understood
Step-by-Step First Arbitrage
1. Find Your First Opportunity
- Open Arbitrage Finder: Navigate to the Arbitrage tool in your BetterSlip dashboard
- Filter for Beginners: Set minimum profit to 3%+ and maximum bet to $100 for your first attempt
- Choose Simple Markets: Start with moneyline or spread bets, avoid complex props
- Verify Opportunity: Look for opportunities with 30+ minutes until game time
2. Example First Arbitrage
🏀 Sample Opportunity: Lakers vs Warriors
- Game: Los Angeles Lakers vs Golden State Warriors
- Market: Point Spread
- Bet 1: Lakers +3.5 at DraftKings (-110) - Bet $110
- Bet 2: Warriors -3.5 at FanDuel (+105) - Bet $100
- Total Investment: $210
- Guaranteed Return: $220
- Profit: $10 (4.76% return)
3. Calculate Bet Amounts
- Use BetterSlip Calculator: Click on the opportunity to see exact bet amounts
- Verify Math: Double-check calculations with our arbitrage calculator
- Round to Nearest Dollar: Most sportsbooks don't accept cents
- Confirm Profit: Ensure profit margin meets your minimum threshold
4. Execute the Arbitrage
📱 Execution Strategy
- Open Both Sportsbooks: Have both sportsbook apps/websites ready
- Verify Odds: Confirm odds haven't changed before placing bets
- Place First Bet: Start with the larger bet amount (usually the favorite)
- Place Second Bet: Immediately place the second bet
- Screenshot Confirmation: Save bet slip confirmations for your records
⚡ Speed Tips
- Stay Logged In: Keep sportsbook accounts logged in during betting hours
- Save Payment Methods: Have payment methods saved for quick deposits
- Practice Navigation: Familiarize yourself with each sportsbook's interface
- Use Mobile Apps: Mobile apps are often faster than websites
Common First-Time Scenarios
🎯 Scenario 1: Perfect Execution
✅ Everything Goes Smoothly
Result: Both bets placed successfully, guaranteed profit secured
Next Steps: Track the game outcome and collect winnings, then look for your next opportunity
⚠️ Scenario 2: Odds Change
📉 Odds Move Before Second Bet
Result: First bet placed, but second bet odds changed
Action: Use hedge calculator to determine if still profitable, or place a different hedge bet
🚫 Scenario 3: Bet Rejection
❌ Sportsbook Rejects Your Bet
Result: Technical issues or limits prevent bet placement
Action: Try reducing bet size or find alternative sportsbook for the same line
Post-Bet Best Practices
📊 Record Keeping
- Bet Tracker: Log all bets in BetterSlip's bet tracking system
- Screenshots: Save confirmation screenshots for both bets
- Profit Calculation: Verify actual profit matches expected profit
- Performance Notes: Note any issues or lessons learned
💰 Bankroll Management
- Profit Withdrawal: Consider withdrawing profits regularly
- Rebalancing: Redistribute bankroll across sportsbooks as needed
- Growth Strategy: Gradually increase bet sizes as bankroll grows
- Loss Limits: Set daily/weekly loss limits even for arbitrage betting
Learning from Your First Bet
🎓 Key Lessons
⚡ Speed Matters
Faster execution increases success rate and profit potential
🔍 Verification is Critical
Always double-check odds and calculations before betting
📱 Technology Helps
Mobile apps and tools streamline the betting process
💪 Practice Improves Results
Each bet teaches valuable lessons for future opportunities
📈 Scaling Your Success
- Master the Basics: Complete 10-15 successful arbitrages with small amounts
- Increase Bet Sizes: Gradually increase stakes as confidence grows
- Expand Sportsbooks: Add more accounts to access additional opportunities
- Explore Other Tools: Try positive EV betting and other BetterSlip features
- Optimize Workflow: Develop personal systems for maximum efficiency
Troubleshooting Common Issues
🔧 Technical Problems
- App Crashes: Keep backup browser tabs open as alternatives
- Slow Loading: Use mobile data if WiFi is slow
- Login Issues: Save login credentials securely for quick access
- Payment Failures: Have multiple funding methods available
💡 Strategic Adjustments
- Missed Opportunities: Lower profit thresholds to see more options
- Too Many Alerts: Increase minimum profit percentage
- Account Limits: Distribute betting across more sportsbooks
- Timing Issues: Focus on games starting in 1+ hours
Building Your Betting Routine
📅 Daily Workflow
- Morning Check: Review overnight opportunities and market changes
- Alert Monitoring: Stay responsive to real-time opportunity notifications
- Evening Analysis: Review daily performance and plan for tomorrow
- Weekend Focus: Higher volume opportunities during major sports seasons
🎯 Weekly Goals
- Week 1: Complete 3-5 arbitrages, focus on learning
- Week 2: Increase to 5-10 arbitrages, optimize speed
- Week 3: Scale bet sizes, explore positive EV opportunities
- Week 4: Develop consistent routine, track monthly performance
Ready for Your First Bet?
Put your knowledge into practice and start earning guaranteed profits today.
Find Arbitrage Opportunities