What is Arbitrage Betting?

Arbitrage betting involves placing bets on all outcomes of an event at different sportsbooks to guarantee a profit, regardless of the result. This works because sportsbooks occasionally offer divergent odds due to different risk calculations. By placing bets that cover all possibilities, you can lock in a small, but risk-free return.

Arbitrage is often referred to as “sure betting” since it’s based on identifying mismatched odds to eliminate risk.

How to Find Arbitrage Opportunities

1. Use Arbitrage Software
   Specialized software scans odds across multiple sportsbooks to identify arbitrage opportunities, saving time and improving accuracy.

2. Compare Odds Across Multiple Sportsbooks
   Manually tracking odds on popular events across sportsbooks can reveal small, profitable discrepancies.

3. Calculate Stake Ratios
   Divide your bet amount proportionally between outcomes based on the odds to ensure you cover all results and guarantee a profit.

Tips for Successful Arbitrage Betting

• Open Accounts at Multiple Sportsbooks
  To take advantage of arbitrage, you’ll need accounts with several sportsbooks to access varying odds.

• Act Quickly
  Arbitrage opportunities can disappear quickly as sportsbooks adjust their lines. Place bets promptly once an opportunity is identified.

Final Thoughts

While arbitrage betting yields small profits per event, the returns can add up over time. By carefully calculating stake ratios and acting quickly, you can capitalize on low-risk opportunities in betting.