Arbitrage in Sports Betting: What Is It & How It Works

Arbitrage betting is not illegal, but it’s not something books take nicely. They can even cancel your bets, so if the other bet isn’t canceled, you risk a lot of that bankroll. In case we haven’t said it enough, sportsbooks aren’t friends of arbitrage players.

Step 3Suspending or restricting accounts

And while I’m no maths genius, these odds looked good to me and so I put it into 1xbet login a calculator along with my stake. Arbitrage betting, also called arbitrage in sports betting or “arbing,” is when you place bets on all outcomes of a game across different sportsbooks to lock in a profit. This strategy is a riskier version of an arbitrage bet, however, if used successfully it does ensure a greater profit for the bettor. To take this a step further, the bettor could use a Weighted Arbitrage Bet where they place more money on the team they believe is going to win. These arbitrage betting opportunities are more often available to sports bettors wagering on opening lines, and they disappear quickly. To find arbitrage bets, we monitor lines from online sportsbooks to find arb bets that are currently available.

Arbitrage Examples In Sports Betting

If applied correctly, this concept guarantees a profit, regardless of the result. In this case, if team A wins, we get $100.98 back, having bet $56.10. No matter the outcome, we are going to win the exact same amount, effectively giving us a $100.98 return for a $100 investment – a $0.98 profit. But what exactly is arbitrage betting, and how can you use it effectively? While it isn’t applicable to every single bet, you will soon find that there are plenty of arbitrage opportunities available. SEON’s advanced tools can help protect your platform from arbitrage betting risks.

In this case, there is no arbitrage opportunity, as the total implied probability equals 100%. Remember that the probability has to be less than 100% in order for an arbitrage opportunity to occur. Our editorial policy ensures thoroughly researched, accurate, and unbiased content through strict sourcing standards and diligent review by top sports betting experts and seasoned editors. Books are in the business of risk, and betting arbitrage cuts into their margins.

The high efficiency of sportsbooks makes these opportunities rare, but disciplined bettors using Portfolio EV tools can still find edges. By understanding market dynamics, optimizing bet allocations and tracking line movements, you can strategically exploit arbitrage and hedging opportunities for long-term profitability. By strategically allocating your bankroll across both sportsbooks, you can guarantee a profit.

Arbitrage betting examples

Our sports betting arbitrage calculator will find the most profitable arbitrage opportunities available and tell you exactly how much to bet. The term arbing comes from the discrepancy between the back and lay outcomes, called an arb. The first condition to generate profit is to ensure that the back wager is higher than the lay. Most sports betting arbitrage tactics involve bookmakers for the back odds and booking exchanges for the lay.

• Moreover, since they know arbs come and go quickly, they are always prepared to place their bets.
• The most straightforward arbing approach is shopping lines and odds—comparing the lines and odds of multiple sportsbooks for the same markets.
• This is a way for them to make sure you won’t find big pricing differences on spreads or moneylines.
• Please check out our Bonus Bet Calculator to learn how to maximize your return on Bonus Bets.

But if you can put up with this, then you’ll be less likely to be identified as an arber. That said, you should keep the following tips in mind to avoid the situation as much as possible. Manage KYC, AML, and screening cases with built-in workflows, checklists, and instant reporting tools. If you consistently take advantage of odds discrepancies, your account may get flagged.