Arbitrage betting, often referred to as “surebets,” is one of the few methods that allows bettors to make sure profits. This technique is based on taking advantage of price differences across different bookmakers for the same event. Our tips will make your experience easier than logging in.
What is Arbitrage Betting?
Arbitrage betting is a strategy that aims to profit from the different odds offered by different bookmakers for the same event. By betting on all possible outcomes of a sporting event, you are guaranteed a profit regardless of the outcome. This is possible because bookmakers often set different odds for the same event, creating loopholes that clever bettors can exploit.
How does arbitrage betting work?
The key to arbitrage betting is calculating the “surebet”. Here is a simple example:
Imagine there is a tennis match between Player A and Player B. Bookmaker 1 offers odds of 2.10 for a Player A win, while Bookmaker 2 offers odds of 2.20 for a Player B win. By spreading your bets so that you make a small profit on each possible outcome, you can profit from these odds differences.
The calculation is done like this:
Determine the bet amount: Let’s say you want to bet a total of 100 euros.
Calculate the bets: Spread your bet based on the odds. In this case, you bet 47.62 euros on Player A (100 / 2.10) and 45.45 euros on Player B (100 / 2.20).
Regardless of the outcome, you will receive:
If player A wins: 47.62 * 2.10 = 100.00 euros
If player B wins: 45.45 * 2.20 = 100.00 euros
In both cases, you will receive exactly 100 euros back, which means you are playing without risk.
Advantages of arbitrage betting
Risk-free: Since you are betting on all possible outcomes, you eliminate the risk of losing money.
Consistent winnings: Even though the winnings are often small, they are guaranteed and can add up over time.
Independence from sports understanding: Arbitrage betting does not require in-depth knowledge of the sport or the teams/players involved.
Disadvantages and challenges
Time required: Finding and calculating arbitrage bets can be time-consuming.
Restrictions by bookmakers: Some bookmakers restrict or block accounts of bettors who regularly place arbitrage bets.
Small profit margins: Profits are often small and require high stakes to be significant.
Capital requirements: Arbitrage betting often requires a significant amount of capital to be worthwhile.
Tips for successful arbitrage betting
Use arbitrage software: There are several tools and software specifically designed to identify arbitrage bets, and these can speed up the process significantly.
Open accounts with multiple bookmakers: The more bookmakers you have at your disposal, the greater your chances of finding profitable arbitrage opportunities.
Be aware of account limits: Bookmakers are aware of arbitrage bettors and may take steps to limit their activities. Vary your bets and use different strategies to avoid conspicuous behavior.
Stay organized: Keep detailed records of your bets and winnings to stay on top of things and optimize your strategies.
Arbitrage betting offers an intriguing way to make risk-free profits, but it does require time, patience and organizational skills. With the right approach and tools, you can ensure you make consistent profits. It is important to be aware of the challenges and remain vigilant to get the most out of this strategy. Arbitrage betting can be a valuable tool in your betting arsenal if used correctly.