Ultimate Arbitrage Betting Guide - Surebets and Arbs Explained

How Is Arbitrage Betting Possible?

In an event where betting companies differ on the odds value of a market or an outcome, the variance increases. A bigger variant gives a significant margin on earnings, which makes betting earnings considerably higher. Games, such as tennis, have markets with two outcomes, which reduces the chance of losing.

If a punter notices such discrepancies and bets on all outcomes in a market, they are sure of good earnings compared to other betting sites. Although most betting sites do not condone arbing, some allow conditional arbing. However, it is good to know that arbitrage increases the chances of winning but does not guarantee you winnings.

Market Efficiency and Arbitrage Opportunities

Odds value comes from a series of algorithmic coding that pre-supposes outcomes if the predicted outcome comes to pass. The most likely outcome has the lowest odds and vice versa. However, the prospects might change over time, which affects the odds valuation. Odds update in real-time, and bookies respond to the change in valuation immediately. If one of the betting sites shows a different value with a significant margin from others, it gives a perfect arbing opportunity.

However, such instances are minimal, and if they occur in retrospect, progressive players have a field day. Odds comparison sites make the work easier as they rank bookies based on the odds value in a specific market.

What Do You Need For Arbitrage Bets?

First, you need multiple betting accounts from different trusted bookmakers. They help you to switch to the best alternative available easily.

Secondly, an odds comparison site is essential as it gives you the front seat to any notable change in odds value.

Thirdly, look for a platform that has arbitrage formulae. It will help you calculate the opportunity cost for selecting a betting outcome. It will also show you the amount to invest and the possible outcome.

Lastly, the margins might be relatively small, and you will need a good amount to return your investment.

Arbitrage Betting Formula - Calculating Stakes for Guaranteed Profits

First, look out for the individual arbitrage percentage for each outcome. After that, compare it with the total percentage arbitrage. However, note that the fewer possible outcomes, the smaller the stakes.

Add the total number of individual arbitrage on the intended markets. If the total percentage arbitrage exceeds 100%, it is a perfect arbing opportunity.

Arbitrage and Betting Exchanges

Arbitrage allows the bettor to predict the take-home amount if they utilise odds calculation loopholes. It does not guarantee returns but increases the chances of take-home to a certain percentage. The practice is not common among bookies as they view it as canvassing.

Betting exchange happens between bettors. The bookie acts as an intermediary to facilitate the process. Individuals set and request odds from their opponents. It instils person-to-person gaming, which is increasingly becoming popular among progressive gamblers. The bookie only retains the administrative fee from the process.

Football

Football markets such as goal-goal or goal-no goal offer the best scenarios for arbing. In such a market, only two options exist, making the win/lose probability 50/50. If you have multiple bookies and place a stake in either market, you will win. Take-home for such bets is guaranteed.

Tennis

Tennis is also another possible arbing game. Markets such as the game-winner in a tennis match only have two outcomes: player A or B. If you have multiple sportsbooks and bet on either outcome, you win half of the bets. If your analysis is good, you can walk away with good returns.

Esports

Most e-sports have two-option markets for a win or lose. If you apply the same concept to either outcome on the same market, you have an excellent take-home amount. If the margin on the winning outcome is considerably high, you can recoup your investment in the failed outcome. Consider your best outcome when placing the stakes for a better result.

Basketball

Basketball markets like over/under bets give the bettor two options, which perfectly fit the arbing criteria. If the bettor utilises the chance and bets on both outcomes, they can recoup their investment, considering the most favourable outcome. Also, basketball has many arbing markets, giving the game multiple opportunities for more returns.

Our Recommendation - Pinnacle Sportsbook

Pinnacle stands out as one of the best bookmakers for arbitrage betting for several compelling reasons. First and foremost, it is renowned for offering some of the industry's lowest margins, ensuring bettors receive highly competitive odds on various sports events. This low-margin approach is particularly advantageous for arbitrage bettors, as it maximises potential profits. Furthermore, Pinnacle welcomes winning players, which means successful arbitrage bettors will not face restrictions or limitations on their accounts. Other Highlights for punters are

• 98% Payouts On The Main Markets
• Reputation For Swift And Hassle-Free Payouts
• Vast Selection Of Sports Markets
• User-Friendly Platform 

Pinnacle undoubtedly provides an exceptional environment for arbitrage bettors to thrive and succeed in their betting endeavours.

Human Error

Bookmakers might make unforeseen mistakes, which can hurt your betting patterns. They can cancel the bet if they notice it early and return the stake. However, others can confiscate the stake and claim fraud.

Change in Odds

Odds updates happen in real-time. If you take time before placing your bet, the bookie can change the odds, which might mess up the arbing expectation. Only bet when you are sure of the odds margin.

Bet Not Accepted

Sometimes, the bookie can notice the discrepancy in odds value and disable the bet slip before the customer bets. In such cases, the bettor misses the marginal expectation and might be blacklisted. This is common in betting sites that do not condone arbitrage betting.

Rules Differences

As arbing gains traction in sports betting, bookies define gaming rules as regulating usage. Each bookie has its own methods, which do not conform to the general understanding of arbitrage betting. Any other approach other than the set rules amounts to infringement.

The Bet Being Void or Cancelled

The bookie can cancel the bet wherever they note any abnormal practices. It mainly applies to bookies who have not embraced arbing. If they do so, they can suspend, blacklist and even deregister the customer's account, citing infringement of terms of service.

False Abs

Not all marginal odd values are valid arbing opportunities. Some might be plots to raise false hopes, which can lead to loss of money. Confirm from reputable odds comparison sites the validity of the arbs before staking.

Stake Limitation

A stake ceiling can limit perfect arbing opportunities, especially if the winning percentage is high. Although it is a policy agreement between the bookie and the customer, it can restrict winnings from the bet.

Account Closure

If the sportsbook notices a consistent winning streak from certain games, they can invoke the canvassing clause. It allows them to close down and ban the account from affiliate bookmakers.