What is Arbitrage Betting?
Arbitrage betting, also known as "arbing" or "sure betting", is a betting strategy that takes advantage of differences in odds between multiple bookmakers. By placing bets on all possible outcomes of an event at different bookmakers, you can guarantee a profit regardless of the result.
For example, if one bookmaker offers +150 odds on Team A winning while another offers -130 on Team B winning, there may be an arbitrage opportunity. An arbitrage calculator helps you identify and capitalize on these opportunities where betting on all possible outcomes across different bookmakers can guarantee a profit. This happens when the combined probability implied by the odds is less than 100%.
While arbitrage betting can be profitable, it requires careful calculation, quick execution, and enough capital to place multiple bets simultaneously. The margins are typically small (1-3%), but with larger stakes and consistent execution, the profits can add up over time.
How to Use This Calculator:
- Enter the best odds you've found for Outcome 1 (e.g., Team A winning)
- Enter the best odds for Outcome 2 (e.g., Team B winning)
- Input your total intended stake
- The calculator will show you how to split your stake and your potential profit
Benefits of Arbitrage Betting
- Guaranteed profits regardless of the outcome
- Risk-free betting strategy when executed correctly
- Takes advantage of different bookmaker odds
Risks and Challenges of Arbitrage Betting
- Bookmakers may limit or ban accounts that frequently engage in arbitrage betting
- Odds can change rapidly after placing one side of the bet, potentially resulting in losses
- Requires significant capital to generate meaningful profits due to small margins
- Time-sensitive: opportunities disappear quickly and require fast action
- Technical issues or delays in placing bets can lead to incomplete arbitrage positions
- Different bookmaker rules (like handling of pushes or cancellations) can affect outcomes
Note: Always verify the odds are still available before placing your bets, as odds can change quickly. Consider all risks before attempting arbitrage betting.