Arbitrage betting. The sports betting isn’t a difficult discipline to skill, but it takes more than mere knowledge of sports to be successful in it. Every profitable sports bettor needs to have several betting strategies that help him achieve his goals.
We will write several comprehensive guides about some of the most successful betting strategies, used by pros. Learn how to be one step ahead on the public and your favorite sportsbook.
With these guides and articles, you will learn to be like a shark in no time. Time to talk about strategies!
Arbitrage Betting – Comprehensive Beginners Guide
The holy grail of sports betting is without any doubt – SAFE BET. A while many shady punters try to sell inside information and so-called “fixed matches” to the naïve people around the internet. there is one sports betting discipline that can make a steady profit to the bettor without a need to lurk for fixed games.
This strategy is so effective that many sportsbooks limit or even suspend accounts that are associated with arbitrage betting. Even though it is an entirely legal way of betting. It is similar to matched betting, but actually, those two disciplines are completely different. The matched betting focuses on bonuses, promotions, and free bets that sportsbooks give to their customers, while arbitrage betting, the main focus is on odds difference.
Definition of Arbitrage Betting
Arbitrage betting or Arbing is an advanced betting strategy that focuses on finding the differences between the odds at different sportsbooks to make a safe and guaranteed profit.
To practice it, you don’t need to be a professional bettor or genius mathematician. All you need to know is how to make a sure bet using the rules of arbing.
This betting strategy is a perfectly legal strategy that happens due to the fact that different sportsbooks will offer different odds on the same event. A smart bettor is somebody who spots the differences and takes advantage of these discrepancies and makes a profit.
How does Arbitrage Betting Work?
As we already mentioned, this type of betting wouldn’t be possible without different odds at different sportsbooks. These arbing opportunities can arise in three situations:
- 1- When sportsbooks have a different opinion on one event.
- 2- When sportsbooks need to adjust the odds to attract the bettors to place wagers on the specific outcome.
- 3- When sportsbooks make a mistake.
The first two situations are perfect for the arbitrage bettors, but if the sportsbook made a mistake and you made an arbitrage bet, you are in danger of losing your money.
In those situation’s sportsbooks can void your bet due to internal odds error. And then your bet liability is at risk.
Making an arbitrage bet is quite simple, and basic rules of arbing are straightforward. The number one rule is to wager your bets in such a way that you make a profit, whatever the end result will be.
To make things simple, this strategy requires from you to compare the odds and find the differences. Once when you find the arbitrage opportunity, you need to precisely calculate your stakes and place your wagers before the opportunity vanishes.
Conclusion – Is Arbing Worth Your Time?
There is no universal answer to this question. Most definitely, there is a value in arbitrage betting, for both professional bettors and recreational ones. All can benefit from the secure, risk-free income. So, it is a profitable betting strategy without any doubt.
But arbitrage betting is time-consuming, and it has several other disadvantages that need to be taken into consideration.
You will need a large betting bank to make a serious profit! And there is always a risk of human error that can make you lose large amounts of money.
Nowadays, on the internet, you can find a lot of free and paid tools that will help you find the arbitrage bets, calculate stakes and assist you in any other way.
Still, overall if you are a beginner in the world of sports betting, this betting strategy can be a bit complicated and time-consuming.
In the end, if you want to make a steady income from sports betting, then arbitrage betting is the perfect betting strategy for you.
FAQ
NO! Arbitrage betting is one of the most secure betting strategies in the world, but it isn’t completely safe. There is a risk of human error or a possibility that the sportsbook will void your bet, so it is always a smart thing to be disciplined and humble with your stakes.
Well, there is no correct answer to this question. Anybody can learn the rules of arbitrage betting, but many failed to make the profit from this betting discipline. Arbing requires a lot of time, dedication, and discipline, and many bettors prefer not to lose so much time with sports betting.
Yes. Arbitrage betting is a completely legal way of betting, but some sportsbooks don’t like to have bettors that practice this betting strategy.