Easy Guide to Back-to-Lay Arbitrage Betting with realbet.ng
Want to make money from betting without worrying about losing? With realbet.ng, Nigeria’s first betting exchange, you can use a simple trick called back-to-lay arbitrage to win every time. This beginner-friendly guide explains what it is, how it works, and how you can start with small bets.
What’s Arbitrage Betting?
Arbitrage betting means placing bets on all possible outcomes of a game (like a football match or Tennis) so you make a profit no matter who wins. Normally, other betting sites in Nigeria set odds to make money for themselves; but with realbet exchange, you can set your own odds.
Arbitrage betting in Nigeria allows you to set your own odds to back an outcome betting against a lay bet on realbet exchange and then placing the opposite bet on another betting sites with fixed odds sportsbook.
With realbet.ng’s exchange, you can bet against an outcome (called laying), which makes this strategy super easy. You just need two bets: one with any sportsbook in Nigeria and one with realbet.ng.
What’s a Back-to-Lay Arbitrage Bet?
This strategy is simple:
- Back Bet: Bet on something to happen (e.g., a team to win) on a Sportsbook
- Lay Bet: Bet on the same thing not to happen on realbet.ng’s exchange.
You win when the odds on realbet.ng are lower than the odds on the other sportsbooks in Nigeria where you must have placed the back bet. This covers all outcomes (win or lose), so you make money either way. It’s like a no-lose bet!
Why Use realbet.ng for This?
realbet.ng is Nigeria’s first betting exchange, where you bet against other people, not the company. This means:
- Set Your Own Odds on the lay bet to ensure your arbitrage wins
- Better Odds: You often get better lay odds to pair with sportsbook odds.
- Low Fees: Pay only a small fee on winnings.
- No Limits: realbet.ng welcomes arbitrage bets and no limit to winnings.
- Easy to Use: Their platform makes placing bets quick and fun.
How to Do a Back-to-Lay Arbitrage Bet
Let’s use a football match example: an NPFL game between Enyimba and Kano Pillars. You spot different odds for Enyimba to win, and you want to bet ₦10,000 (a small amount for beginners).
Scenario:
- Other Betting Sites (Back Odds): 3.50 (Enyimba wins)
- ng Exchange (Lay Odds): 2.80 (Enyimba doesn’t win—loses or draws)
You place a ₦10,000 back bet on Enyimba to win with 1xbet. Now, let’s figure out your lay bet and profit.
Step 1: Calculate Your Lay Bet
To know how much to lay on realbet.ng, use this simple formula:
Lay Amount = (Back Odds × Back Amount) ÷ Lay Odds
Example:
(3.50 × 10,000) ÷ 2.80 = ₦12,500So, you place a ₦12,500 lay bet on realbet.ng for Enyimba not to win (they lose or draw).
Step 2: Calculate Your Profit
Whether Enyimba wins or not, you make the same profit.
If Enyimba Wins (Other Betting Sites Pay):
You get: (3.50 – 1) × 10,000 – (2.80 – 1) × 12,500 = ₦2,500
If Enyimba Loses or Draws (realbet.ng Pays):
You get: 12,500 – 10,000 = ₦2,500
You make ₦2,500 every time, whether Enyimba wins, loses, or draws!
Tips to Start Arbitrage Betting
- Use a Calculator: Search for “arbitrage calculator” online to make the math easier, and understand the odds to stake on.
- Place a BACK bet on realbet.ng using your own odds (Set Your Own Odds)
- Wait for your BACK bet to be matched by a customer that will LAY it
- Place the arbitrage bet on a sportsbook like other betting sites in Nigeria
- Wait for the result to be settled.
Why It’s Great for Beginners
Back-to-lay arbitrage is perfect for new bettors because:
- It’s low risk—you win either way.
- You don’t need to know much about sports.
- ng’s exchange is beginner-friendly with clear instructions.
- Realbet publish all Open Bets on its Partnership groups
- Realbet find you customers that lay your backbets
Get Started Today!
You must be registered on the realbet exchange before you can place bets – register on realbet.ng
Then join the realbet exchange groups on facebook, whatsapp or telegram
- Facebook: https://web.facebook.com/share/g/17PqwTLY74/
- Whatsapp: https://chat.whatsapp.com/Jmn5F82srAH1dLNcRjTlR2
- Telegram: https://t.me/therealbetnigeria
What Happens on the Realbet Exchange Groups
- You can post your arbitrage BACK bets
- You can view other bettors arbitrage BACK bets
- You can LAY (Bet against) other bettors arbitrage BACK bets
Ready to try arbitrage betting?
Join realbet.ng
