A Comprehensive Guide to Guaranteed Profits

Sports betting arbitrage is a strategy used by bettors to take advantage of discrepancies in odds offered by different bookmakers. By placing two or more bets on the same sporting event or market, bettors can guarantee themselves a profit regardless of the outcome.

Sports betting arbitrage - take advantage of odds discrepancies

In this article, we’ll explore the concept of sports betting arbitrage, how to identify arbitrage opportunities, and strategies for maximising profits.

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What is Sports Betting Arbitrage?

Sports Betting Arbitrage is a betting strategy where a bettor places bets on all possible outcomes of an event with different bookmakers, in order to guarantee a profit regardless of the outcome. The idea behind sports betting arbitrage, also known as “sure betting” or “arbing,” is to find discrepancies in the odds offered by different bookmakers on the same event, and take advantage of those discrepancies by placing bets on all outcomes.

What is Sports Betting Arbitrage

For example, imagine that two bookmakers are offering different odds for a football match. Bookmaker A is offering odds of 2.5 for Team A to win tennis game, while Bookmaker B is offering odds of 3.0 for Team B to win. By placing two bets, one on each team with different amount bookmakers offer, a bettor can guarantee themselves a profit regardless of the outcome of the match.

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Arbitrage Opportunities and Betting Markets

Arbitrage opportunities exist when there are discrepancies in odds offered by different or two or more separate bookmakers or a betting exchange. These discrepancies can occur due to a number of factors, such as different betting markets, varying betting limits, or simply human error. In order to identify arbitrage opportunities, bettors need to compare the odds offered by as many bookmakers as possible. This can be done manually, or by using software betting tools, like RebelBetting, that are able to scan multiple bookmakers at once.

In addition to traditional sports betting arbitrage, like waging on the all possible outcomes of football or tennis matches, there are also arbitrage opportunities to be found in financial markets, where bettors can place bets on both possible outcomes of events such as stock market fluctuations or political elections.

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How to Place Arbitrage Bets

To place arbitrage bets (also known as sure bets, or arbing), bettors need to have accounts with at least two different bookmakers. They then need to identify an arbitrage opportunity by comparing the odds offered by different bookmakers. Once an opportunity is identified, arbitrage bettors need to place bets with these bookmakers on possible outcomes of the event, using the correct stakes to ensure a profit regardless of the outcome.

Betting explained

It’s important to note that placing profitable sure bets requires careful planning and a thorough understanding of the betting market. It’s also important to keep in mind that betting limits may vary between different bookmakers betting sites, so it’s important to check these as well before placing the actual sure bets.

Maximizing Profits with Arbitrage Betting

While sports betting arbitrage can be a profitable strategy, there are also risks involved. For example, if a bettor is too slow in placing their bets, the opportunity may disappear, or the odds on one bet may change, resulting in a loss situation.

To maximize profits, bettors need to be able to quickly identify arbitrage opportunities and place bets before the odds change. They also need to be able to manage their betting accounts effectively, in order to take advantage of the opportunities that arise.

Value betting

In value betting, bettors will be placing bets that have a larger chance of winning than implied by the actual bookmaker’s odds. Value betting is for bettors that want an easy way to make money from sports betting, turning sporting event outcomes into an investment tool, provided that you are comfortable with the typical up and downs shown in this growth chart below. Learn more about value betting.

Value betting profit chart - RebelBetting

Community member: emilovich’s value betting profit – over €14,000 in profit.

Sure betting

Sure betting offers steady profits every month with little to no risk. When sure betting you place bets to cover all outcomes in a match and end up making a profit no matter what the final result is. It requires some time to learn the basics but once learnt it is able to bring you substantial and sure profit. Learn more about sure betting.

Sure betting profit chart - RebelBetting

One of our sure betting customers’ profit graph – over €7700 profit.

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Conclusion

Sports betting arbitrage can be a lucrative strategy for bettors looking to make a profit from their bets. By identifying arbitrage opportunities and placing bets on all possible outcomes of an a sporting event beforehand, bettors can profit regardless of the outcome.

However, it’s important to approach sports arbitrage betting with caution and to only invest money that you can afford to lose. With careful planning, the right tools, and a thorough understanding of the betting market, successful and continued profits can be achieved.

Don't use betting shops, bookmakers or robots as your sole source of income

But it’s important to note that sports betting arbitrage should not be used as a sole source of income, as there is always the risk of losing money. It’s important to approach arbitrage betting with caution and to only invest money betting which you can also afford to lose.

 

How to calculate the profit opportunities in arbitrage betting

Arbitrage betting, also known as sure betting, involves placing bets on all possible outcomes of an event, with different bookmakers, to creating a sure bet, to guarantee a profit regardless of the outcome. In order to calculate the potential profit from arbitrage or sure betting, there are a few key steps to follow.

Firstly, it is important to find suitable arbitrage opportunities by comparing the odds offered by different bookmakers and different betting companies. This can be done manually, but there are also betting tools and software solutions available to assist with this process.

Once suitable arbitrage opportunities have been identified, the next step is to calculate the stake required for each arbitrage bet in order to guarantee a profit on initial investment. This involves some basic mathematics, and can be done using an arbitrage profit calculator.

Win no matter the outcome

Calculate the stake for each bet

To calculate the stake for each bet, the total amount of money to be bet must be divided between the different bookmakers in proportion to the odds offered for each outcome of the bet. For example, if the odds on a “win” market (where the draw option is removed) for a football match each are 1.70 and 2.90 with two different bookmakers, and the total amount to be bet on match is £1,000, the stake for each bet would be calculated as follows:

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  • Bet 1 (odds 1.70): £1,000 / (1.70 + 1) = £630

  • Bet 2 (odds 2.9): £1,000 / (2.90 + 1) = £370

In this example, the total amount staked on the sure bet is £1,000, and the potential profit can be calculated by subtracting the total stake from the total return. For example, with the same outcome but with odds of 1.70 wins, the return would be £630 x 1.70 = £1,071, resulting in total profit amount of £71 (£1,071 – £1,000).

Small individual wins but big cumulative profit

It is important to note that the potential profit per betting company from arbitrage betting is usually small, and the amount of money that can be bet is often limited by betting companies to prevent excessive use of arbitrage betting. It is also important to consider the potential risks involved, such as errors in calculations or unexpected changes in odds.

Guaranteed profit with surebets - Avoid errors in calculating an arbitrage bet

However, when looking at the bigger picture, you can make a pretty decent amount of monthly profit with small consistent wins.

Summary – calculating arbitrage betting profit

Bet on different outcomes on a sports event and make a cumulative profit

In summary, calculating the potential profit from arbitrage betting involves identifying suitable opportunities, calculating the total investment stake required for each arbitrage bet, and subtracting the total stake from the total investment return.

While arbitrage betting can be a profitable strategy, it is important to approach it with caution and carefully consider the risks and limitations involved.

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FAQ: Sports Betting Arbitrage

Some common mistakes to avoid include placing bets on the wrong outcomes, not calculating the transaction fees involved, and betting too much of your funds on one arbitrage opportunity. It’s also important to stay up to date with all the outcomes and the latest odds and to be aware of any changes taking place in the betting market.

To maximize profits, bettors should look to betting exchanges and regular bookmakers for arbitrage opportunities with high profit margins and low risks. They should also be familiar with the different betting markets and use multiple betting exchanges and accounts to place their bets.

To find arbitrage opportunities, bettors need to compare the odds offered by different bookmakers and look for discrepancies. There are online software tools and that can help bettors find the best opportunities and odds, as well as actually calculating profits.

The main benefit of sports betting arbitrage is guaranteed profit. However, the profit margins are typically small and bettors may need to place large bets to make significant profits. The main risks of sports betting arbitrage is the potential for bookmakers to restrict or ban bettors, as well as the possibility of human error when placing the bets.

Yes, sports betting arbitrage is legal and ethical. It’s simply a strategy that takes advantage of the differences in odds offered by several bookmakers, to guarantee a profit on the bets. However, some bookmakers may not like arbing and may restrict or even ban players who use this strategy.

Sports betting arbitrage, also known as “arbing”, is a betting strategy where bettors take advantage of the difference in odds offered by different bookmakers on the same event to make a guaranteed profit. To do this, bettors place bets with several bookmakers on all possible outcomes of an event, so no matter what the outcome, they still make a guaranteed profit afterwards.

Use two or more bookmakers in arbitrage betting