A recent boxing match between Danny Williams & John McDermott provided the following market conditions between William Hill & Game bookers
| Danny Williams | Gamebookers | 1.85 |
| John McDermott | William Hill | 2.50 |
This sports arbitrage trade yields a profit of about 6%. This is how:
To win £1000 if Atlanta wins, one has to bet £540.50 at Gamebookers
(£1000 / 1.85 = £540.50) or, alternatively, (£540.50 x 1.85 = £1000)
To win £1000 if Jacksonville wins, one has to bet £400.00 at William Hill
(£1000 / 2.50 = £400.00) or, alternatively, (£400.00 x 2.50 = £1000)
In total, in order to be guaranteed a win of £1000 irrespective of which teams wins,
one has to spend £540.50 + £400 = £940.40
The risk-free profit on this trade is £59.60
These types of trades appear lots of times each day, everyday