Arbitrage betting sounds like a pretty complex term, but honestly, it is the easiest way to earn money from betting in sports, as long as you know what you’re doing. Just imagine being able to place bets wherein you are sure to win regardless of the outcome. That is the beauty of arbitrage, or “arming,” as it is known. 

So, let’s get down to how it works and why this strategy is one of the best-kept secrets among intelligent betters.

What do you mean by arbitrage betting?

It simply means betting on all possible outcomes of a given event through different sportsbooks. Thus, one takes advantage of different odds published by these platforms. For instance, you cover all outcomes so that you cannot lose, come what may. 

For example, in a tennis match, bookmaker A’s betting odds are 2.10 for player A to win, while bookmaker B gives the betting odds of 2.10 for player B. If one could calculate the stakes well, one would earn some profit regardless of which player wins. 

This opportunity arises when different sportsbooks calculate odds differently, and shifts happen as public betting patterns evolve. An arbitrage bettor, or “arbitrator,” will quickly seize this chance to profit from the discrepancies, placing bets at multiple sportsbooks to guarantee a win regardless of the outcome.

How Does It Work in Reality?

To understand arbitrage betting, let’s take it one step at a time:

• Step 1: Identify the confusion in the odds. Use things like odds comparison websites or calculators.
• Step 2: Enter your stakes. Spread your total budget over all the outcomes to guarantee a profit.
• Step 3: Place your bets. Again, treat this as time-sensitive because these arbitrage opportunities rarely last more than minutes and can easily be voided.

For instance, say one sportsbook offers Team A odds of 2.05, and another offers Team B the same. In that case, you could bet both sides and, based on a stake calculation, lock yourself into a small profit regardless of the outcome. You can try it now by using the 22Bet Login page.

Why Isn’t Everyone Doing It?

Although it sounds like free money, arbitrage betting has some downsides. Firstly, sportsbook organizations don’t usually like arbors. Many even have policies against it, and they limit your account or suspend you from betting if they are suspicious that you are betting through a pattern of consistent arbitrage-taking.

Another problem is that speed is essential. These opportunities last very briefly. Odds change quickly and can be as short as a few minutes from one agitated state into the next. You need to be quick and have many accounts.

Finally, initial investment is also required; arbitrage betting requires a good amount initially. Returns from these opportunities are often very low in some percentage; thus, the bankroll should be large to get significant returns. 

Tools And Tips To Succeed Truthfully In Arbitraging 

Arbitrage betting can be rewarding for the effort, of course. Here are a few tools and tips that make such a venture worth pursuing: 

Check Out Odds Comparison Tools

If you’re into arbitrage betting, you need a site or app that compares odds from different sportsbooks.

Get an Arbitrage Calculator

This tool helps you figure out how much to bet on each outcome to make sure you turn a profit.

Mix Up Your Accounts

Having multiple betting accounts across different sportsbooks gives you a better shot at spotting great opportunities.