Sports Arbitrage Betting: How Does It Work

Sports arbitrage betting allows you to have a stable income with a low risk of losing money.How is it possible? We’ll try to clarify it in our today’s article.

What is Sports arbitrage betting? 

It’s a popular betting strategy that can bring a bettor a tangible income like value betting and some other effective systems. In simple words, arbitrage in sports betting means the situation that allows placing bets on opposite results of the event and getting a profit regardless of the final score. Arbitrage situations appear for several reasons. Among them: 

Find out more on value betting (positive ev betting) here:  https://www.betburger.com/blog/what-is-ev-betting-expected-value

Bookmakers’ mistakes

Often bookies can incorrectly estimate the probability of event cause of a lack of information about it or just simple mistakes made by the analysts of the bookmaker’s team. 

Inflated odds because of bookmakers competition

Bookmakers always try to attract more customers by providing some discounts, bonuses, etc. The fruity odds is also a way to win a fight with competitors for new clients.

Bookmakers are not catching up with rivals’ odds change

It also quite often happens that bookmakers simply late to change the quotes after some event in a match (eg. the goal was scored or the player got a red card).

Due to the all above-mentioned factors, such situations appear quite often and the main task for the bettor is to recognize and calculate them correctly to place the necessary bets and get income.   

Arbitrage in sports betting is almost the same as the usual arbitrage in finance meaning but the difference is that in financial arbitrage there are prices and markets instead of bookmakers and odds in sports arbitrage.

Sports arbitrage and legislation

 Sometimes newbies can ask: “Is it legal to use sports arbitrages?” And the answer is yes. It’s 100% legal as usual betting. Bookies offer a price, you accept it and place a bet. It’s fully approved by law, and there is no need to worry.

 The other issue is that most bookmakers don’t like arbers and apply various methods to struggle against punters. The most popular method is cutting the limits. It means that bookmakers set limits on the maximum stake. In some cases, it makes your work impossible to continue with this bookie.  

 But no need to worry: not all bookmakers struggle against arbers. There are bookies loyal to punters like Pinnacle and Sbobet. These bookmakers will never cut your limits, and that’s why most gamblers prefer to use them for arbing.

How much can I earn?

It depends on different factors. One of the main factors is the sum of money you are ready to invest. The rule says – the more you give, the more you get. But there is still one nuance: 

In percentage you’ll earn more with a small bankroll than with a big one. And all because of bookies restrictions. The thing is accounts with small bankrolls are not cut so quickly. 

Therefore, your monthly income can reach 10-15% of your bankroll and even more – everything depends only on you and your disposable funds.

How to search for arbitrage situations?

As of today, there are only two ways for searching arbitrage situations: on your own or with the help of special software (arbitrage betting service). The main advantage of the first, independent method – you don’t need to spend money on any subscriptions. On the other hand – it’s quite a complicated process that takes much time and efforts. 

You need to analyze dozens and sometimes hundreds of betting lines in order to find surebets. Additionally, you need to calculate correctly all the stakes amounts before placing bets on bookies’ websites. 

If we’re talking about arbitrage betting services – they analyze hundreds of betting lines in a matter of seconds. This means that you’ll always have much time to make calculations (it is also easy to do with the help of a built-in surebet calculator) and place bets.

But what is better – to save money on a subscription but wasting time on searching surebets and losing the possibility of placing more bets? Or to use an arbitrage betting service and recoup its cost from 10-15 arbs? It’s up to your and every arber’s choice.

 Arbitrage Betting Services

 Anyway, before you made decision about your way of finding arbitrage situations – you probably want to know more about arbitrage services. So let’s talk about them in more detail. 

When we work with surebets – it’s important to make all the turns quickly cause the odds often change in a matter of seconds. Based on this reason we need also to choose the fastest software. 

The leader among arb services is BetBurger. This aribtrage betting finder analyzes the information from more than 300 bookies (including bookmaker clones) in 44 kinds of sports on Prematch and Live modes. Despite the great number of scanning information, the speed of BetBurger’s scanner is one of the fastest among the other similar services.

Talking about scanning speed we can also mention the one-click redirect feature. As we all know, after choosing a bet, we need to find the event on bookmaker’s site on our own. It usually takes a lot of time. 

 You can make a one-click redirect from BetBurger interface to the bookies’ website by just placing a Bet button in surebet calculator. This feature will surely save much of your time cause you no need to search for events on your own.

 But speed is not the only criterion for choosing an arbitrage betting service. User-friendly interface, reliability, Prematch and Live arbs availability, quality of customer support – all these factors are very important for arbitrage scanners.

If we are talking about BetBurger, it is worth not mentioning that when you buy a subscription to this service – you get a pack of features for operating not only with surebets (arbitrage situations) but with value bets, which is also quite popular among bettors.

Conclusion

 Sports betting arbitrage can bring you a great income, but at first, you should spend some time learning basic information about it. Thousands of gamblers have already taken this advantage and you can be one of them. Just be self-confident and don’t give up at the first setback.