Identify Opportunities: Betters search for events where the odds offered by different bookmakers or exchanges lead to a profitable arbitrage opportunity. Here's a step-by-step breakdown of how arbitrage betting works: The basic principle behind arbitrage betting is to find sports odds that vary significantly between different bookmakers or betting exchanges for the same event. It involves placing multiple bets on all possible outcomes of a sporting event using different bookmakers or betting exchanges to guarantee a profit, regardless of the final result.
OddsShopper’s Arbitrage Bet Calculator Tool makes it even easier!Īrbitrage betting, often referred to as 'arbing' or 'sure betting,' is a betting technique that takes advantage of pricing discrepancies in the sports betting market. Arbitrage betting is somehow a rarely used, yet highly valuable way to approach smart sports betting.