What is Arbitrage Betting?
Arbitrage betting involves placing bets on all possible outcomes of an event across different sportsbooks to guarantee a profit regardless of the result.
Practical Example:
In a 2-way market (like Tennis), if Bookmaker A has Player A at 2.10 and Bookmaker B has Player B at 2.10, you can guarantee profit by betting on both.
How to Spot an Arbitrage Bet
An 'Arb' exists when the Total Implied Probability of all outcomes is less than 100%. This indicates that the bookmakers have mispriced the market.
Example Calculation:
Outcome A: 2.10 (Implied: 47.6%)
Outcome B: 2.05 (Implied: 48.8%)
Total Market: 96.4%
Since 96.4% is less than 100%, the difference represents your guaranteed edge.
Frequently Asked Questions
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