Does it sound counterintuitive? The secret to arbitrage betting is that, by covering the two possible outcomes, you can secure a sure bet and therefore a guaranteed profit. What exactly is arbitrage betting? This practice consists of placing concurrent bets in different sportsbooks. And this is exactly where punters can find arbitrage opportunities.
That being said, there are some small variations in the odds from one sportsbook to another.
As a result, bettors will rarely find a huge discrepancy in the odds between different bookmakers. Sportsbooks rarely disagree on the favorite and the underdog. Operators try their best to protect themselves against all possible outcomes, trying to limit the profit margin for bettors. It goes without saying, but bookmakers don’t like losing money. Let’s learn more about sports betting arbitrage, including how to find arbitrage opportunities and how to calculate arbitrage bets. But there is one way to actually game the system and secure sure bets: arbitrage betting.īut what exactly is arbitrage betting, and how can you use it effectively? While it isn’t applicable to every single bet, you will soon find that there are plenty of arbitrage opportunities available. In sports betting, bookmakers have their own tools to ensure that bettors won’t be able to bet both sides of the same wager and still walk away with a profit.