What Is Arbitrage Betting
Arbitrage betting is a strategy that allows bettors to guarantee a profit by placing bets on all outcomes of an event across different sportsbooks. Because each sportsbook may set unique odds, you can take advantage of these differences to secure risk-free returns. In this guide, you’ll learn exactly what arbitrage betting is, how it works, what tools you need, and whether it’s legal.
In its simplest form, arbitrage betting is betting on every possible outcome of a sporting event so that you ensure profit no matter which side or team is victorious. This is the case because sportsbooks usually do not agree on each other's odds.
When you notice odds that create an overlap, you can bet on all the results and have a return. Unlike value betting, which is the act of predicting where odds are long-run mispriced, arbitrage betting relies on some price disparities at the time.
For instance, let us suppose you watch a soccer game where one bookmaker is offering +110 for Team A, while another has +105 for Team B. If you are careful enough to determine your stake amounts, you can ensure that no matter which team wins, you will have more money than what you originally staked in total.
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