Arbitrage Betting Arbitrage betting is the only way to make constant profits from sports betting. You don’t even need to have interest in sports or betting to take advantage of an arbitrage bet and make extra money online. Arbitrage bet in sports betting is an activity where you simultaneously place bets on all possible outcomes of an event at odds that guarantee profit, whatever the result of the event will be. These bets are also known as free forex arbitrage, miraclebets, surewins or just arbs.
Normally, placing bets on all outcomes of an event at single bookie would result in guaranteed loss. However, if you take the best odds from different bookies, it is possible to make guaranteed profit. Here we will give you an example of an event with two possible outcomes. 38 whatever the outcome of the match will be.
38 guaranteed profit because of the differences in the bookies’ odds on a single bet. You can see that 5Dimes had odds of 1. 36 for Djokovic to win the match, while Pinnacle had odds of 5. 5 for Nadal to win the match. In practice, arbitrage betting involves comparing odds at different bookmakers to find the best available odds on the market, then calculating if those odds can make you a profit and in the end placing bets and collecting your profit.