Arbitrage Betting 101
Arbitrage Betting 101
Arbitrage betting ("arbing") is when you place bets on all possible outcomes of a game across different sportsbooks, locking in a guaranteed profit regardless of the result.
How It Works
Sportsbooks often disagree on odds. This creates opportunities where you can cover all outcomes and profit. For example:
- Book A: Team X +120
- Book B: Team Y +120
- By placing proportional bets, you guarantee a profit no matter who wins.
Advantages
- Risk-free (if executed correctly).
- Steady, reliable profits over time.
Challenges
- Requires multiple sportsbook accounts.
- Odds change quickly, so timing is critical.
- Some sportsbooks limit or ban arbers.
Tips for Beginners
- Use arbitrage calculators to size bets correctly.
- Start small before scaling up.
- Always double-check odds before placing bets.