While in this scenario there is a chance you do lose some money, the purpose of the Weighted Arbitrage is to maximise the return if you believe you have a better than decent chance of picking the winning team or market.

This being, your money is weighted to one outcome. As sports betting and sportsbooks are becoming more mainstream and popular it has become harder to find Arbitrage Bet opportunities.

However, arbitrage betting isn't dead and there are still opportunities waiting for you, here are some ways to help you find them:. It sounds simple, but it is possible to find arbitrage betting opportunities by manually comparing sportsbooks odds against each other.

Although this may be time-consuming, there are various tools on the internet that can help you. For example, there are many different odds comparison sites and tools that make it easier and faster to compare the odds on the same markets from different sportsbooks.

Manually comparing and viewing different odds is also a good way to get comfortable and gain a better understanding of sports betting markets and sportsbooks. There is software available on the internet that automatically scans and detects arbitrage betting opportunities.

These can be helpful as they remove the manual work from finding arbitrage bets. We are working on some free tools that show potential arbitrage opportunities which we will release soon. An underrated method of finding arbitrage betting opportunities is taking advantage of sportsbooks promotional offers.

When this happens there is often a maximum stake amount of money you can place on the promotion that you can place on this event, however there is still usually free money to be made. By being aware of the different sportsbooks that more commonly offer these promotions you can maximise your chances to make a quick profit.

However, beware that it is not uncommon for sportsbooks to 'promo ban' customers who take advantage of their promotions make it so that certain sports bettors can't bet on their promotions.

There are some ways to avoid this occurring such as always using a different sportsbook to arbitrage your promo bet against, and by placing lots of small bets such as 1c, 2c if they accept those amounts on heaps of different sports or races.

Please check out our Bonus Bet Calculator to learn how to maximize your return on Bonus Bets. Although Arbitrage betting may seem entirely risk-free, there are still sometimes some risks associated with Arbitrage bets.

This is because sometimes sportsbooks make mistakes or there may be errors in the odds they release. As often if the odds seem too good to be true they are and it is an error with a high potential to be voided.

With this being said it may still be worthwhile placing single bets on favorites with error odds as if the sportsbooks void you get your money back but if it isn't voided you have backed a heavy favorite at underdog odds and have a good chance to make a decent profit.

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Bet 2. To calculate the arbitrage percentage, you can use the following formula:. Having found a surebet, we then need to calculate the profit we will receive based on the amount of money we are willing to invest. If, for example, you are wanting to place £ stake on the tennis surebet above, you would calculate the profit using the following formula:.

The next step is to calculate how your investment needs to be broken down in terms of stakes across both bets. This is so that you are returning the same profit regardless of which outcome wins. The idea is to return the same profit regardless of whether the first or second outcome is successful, so it is critical to use the correct stakes — if not, you could find that one outcome is more profitable than the other or that you actually lose money if one outcome wins.

To calculate the individual stakes:. You therefore know that to make £4. As you can see, this is quite a lot of work for less than £5. As an aside, it is also worthwhile knowing how to calculate the stake for outcome B if you know how much you plan to bet on outcome A. Rather than the above approach where we split the total stake £ into two bets to guarantee the same profit, we can work out how much to place on outcome B if we have bet £ just on outcome A.

Profit if outcome A wins: stake for outcome A x odds for outcome A — total investment. If Nadal wins: £ x 1. Profit if outcome B wins: stake for outcome B x odds for outcome B — total investment. If Edmund wins: £ So, by investing £ For instance, you could use a betting exchange to back and lay a bet to create a guaranteed profit — along similar lines to trading in the financial markets — although an extra considerations is that you need to factor in the commission for using the service.

Alan hails from Northern Ireland and is an avid fan of all sports. Alan passionately covers everything from the latest regulatory developments across the globe to tips on the latest football matches.

Take a look at our expert breakdown of the method. Sports betting is about having fun but everyone wants to win too! Our experts will guide you through the best strategies to find value and beat the bookie. American or moneyline odds are commonly used by sportsbooks in the US.

If you want to understand American odds and how to use them, read more here. Fractional or UK odds are the most popular type of odds offered by bookmakers in the UK and Ireland. Find out how to understand fractional odds here. Fractional Decimal Moneyline Hong Kong Indonesian Malaysian.

GB EN. Home » Strategies » Arbitrage Betting. Arbitrage Betting Heard that arbitrage betting is an effective way to make money and want to learn more about the process? Bookie of the Month.

Betway Sports. Claimed by people this week. Visit Site. Read Betway Sports Review. Terms and conditions: Terms and Conditions apply.

What Is Arbitrage Betting? Step 1 Using an odds comparison site such as Oddschecker, find a sporting event which offers two outcomes. Step 2 Find the highest odds available for each outcome from two different bookmakers. Step 3 Calculate whether the odds represent an arbitrage betting opportunity. Step 4 If so, calculate the individual stakes you need to bet with at each bookmaker.

Step 5 Place each of the bets. Outcome 1 Outcome 2 1. Profit if outcome A wins: stake for outcome A x odds for outcome A — total investment If Nadal wins: £ x 1.

Identify Opportunities: Bettors search for events where the odds offered by different bookmakers or exchanges lead to a profitable arbitrage opportunity. This typically occurs when one bookmaker has higher odds for one outcome, while another bookmaker offers higher odds for the opposite outcome.

Calculate the Stake: To ensure a profit, bettors need to calculate the exact amount to wager on each outcome. This calculation considers the odds and ensures that the total amount bet covers all possible outcomes. Place Bets: The bettor then places bets on all possible outcomes with different bookmakers or exchanges.

This involves making multiple wagers to cover all possibilities. Guaranteed Profit: Regardless of the actual outcome of the sporting event, the bettor is guaranteed to make a profit because the total winnings from the winning bet outweigh the total amount wagered. Arbitrage Bet Finder Tool. Explore with the help of our Resource Hub!

For example, they may place bets on both a win and a loss, at odds that ensure they make an overall profit across both bets — regardless of the result. To make this work, arbitrage betters often take advantage of different odds across different bookmakers and betting sites.

To be successful in arbitrage betting, gamblers must work quickly to identify such variations. They sometimes use automation and arbitrage sports betting software to help. However, more reputable sites suggest average returns of around 1.

As you can see, the gambler ends up in profit regardless of which boxer wins the match, with the total return amounting to more than the total stake. Often, arbitrage betters will place large bets to guarantee a worthwhile profit, as the average percentage profit tends to be quite low. Arbitrage betting occurs whenever a gambler places multiple bets to guarantee profit regardless of which bet wins, and which loses.

Similarly, spikes in arbitrage betting occur around major sporting events. This includes sports such as football, tennis, and basketball. Sports betters calculate arbitrage so that they can be sure to make an overall profit.

To do so, they need to ascertain whether they have found betting odds that allow a guaranteed profit to be made.

These steps enable a gambler to assess where arbitrage sports betting opportunities exist. This is to ensure that they themselves make a guaranteed profit, which is why arbitrage betters usually use a different bookmaker for each side of the bet — so they can make use of variations.

This is a very simple example. Arbitrage betters often have to take into account bookmaker commissions and other factors. However, many arbitrage calculators exist online. Partner with SEON to reduce fraud rates in your business with real-time data enrichment, machine learning, and advanced APIs.

The main consequence of arbitrage sports betting is a financial loss for bookmakers and betting sites. For the gamblers themselves, the most likely consequence is bookmakers imposing bans and betting limits on them.

Arbitrage sports betting can also potentially impact legitimate gamblers. Security steps taken to thwart the efforts of arbitrage gamblers could cause unnecessary friction.

As sports betting and sportsbooks are becoming more mainstream and popular it has become harder to find Arbitrage Bet opportunities. However, arbitrage betting isn't dead and there are still opportunities waiting for you, here are some ways to help you find them:.

It sounds simple, but it is possible to find arbitrage betting opportunities by manually comparing sportsbooks odds against each other. Although this may be time-consuming, there are various tools on the internet that can help you.

For example, there are many different odds comparison sites and tools that make it easier and faster to compare the odds on the same markets from different sportsbooks. Manually comparing and viewing different odds is also a good way to get comfortable and gain a better understanding of sports betting markets and sportsbooks.

There is software available on the internet that automatically scans and detects arbitrage betting opportunities. These can be helpful as they remove the manual work from finding arbitrage bets. We are working on some free tools that show potential arbitrage opportunities which we will release soon.

An underrated method of finding arbitrage betting opportunities is taking advantage of sportsbooks promotional offers. When this happens there is often a maximum stake amount of money you can place on the promotion that you can place on this event, however there is still usually free money to be made.

By being aware of the different sportsbooks that more commonly offer these promotions you can maximise your chances to make a quick profit.

However, beware that it is not uncommon for sportsbooks to 'promo ban' customers who take advantage of their promotions make it so that certain sports bettors can't bet on their promotions. There are some ways to avoid this occurring such as always using a different sportsbook to arbitrage your promo bet against, and by placing lots of small bets such as 1c, 2c if they accept those amounts on heaps of different sports or races.

Please check out our Bonus Bet Calculator to learn how to maximize your return on Bonus Bets. Although Arbitrage betting may seem entirely risk-free, there are still sometimes some risks associated with Arbitrage bets.

Therefore, you at least have a chance of getting away with this style of betting. But you can still be caught and either limited or banned from a bookmaker. That said, you should keep the following tips in mind to avoid the situation as much as possible. Sportsbooks fully realize that strange wagers are part of arbing and they often use weird bet sizes as a way to catch arbers.

You can throw them off by rounding up your bets. If you become good enough at arbing, you might start relying on it to supplement your income or even make a living.

Arbers often make large deposits to fund their efforts. They also cash out plenty of times to enjoy the fruits of their efforts.

These frequent banking transactions are another red flag that can indicate arbitraging. Another factor that bookmakers consider when trying to identify arbers is what type of bets they make. However, the occasional parlay betting here or there can be enough to make you look like a recreational bettor.

Instead, it merely serves as a platform where gamblers can take either side of a wager. One side acts as the standard bettor. The other gambler essentially acts as the bookie. The betting exchange merely takes a small commission from the winning side. They make their money regardless of how you bet.

You should consider using two or more betting exchanges for your arbing efforts. Or you can use an exchange for one half of your arb and a sportsbook for the other. You only risk getting banned from the sportsbook in this scenario. The best way to maximize your arbing opportunities is to place the highest wagers possible.

After all, you might as well take full advantage of the guaranteed profits. But this is yet another sign that sportsbooks look for when trying to find arbers. Somebody who consistently places max bets is asking to be banned.

You should still look to make large wagers if you have the bankroll to do so. However, you also want to avoid betting the maximum every time. It should be noted that minimal max bets is a sports betting strategy that all types of bettors should embrace. You may not be thrilled with the idea of having your bankroll spread across several betting sites.

After all, a sportsbook will likely take action if they see that you place a lot of suspicious-looking bets with them. Our experts will guide you through the best strategies to find value and beat the bookie. American or moneyline odds are commonly used by sportsbooks in the US.

If you want to understand American odds and how to use them, read more here. Fractional or UK odds are the most popular type of odds offered by bookmakers in the UK and Ireland.

Find out how to understand fractional odds here. Fractional Decimal Moneyline Hong Kong Indonesian Malaysian. GB EN. Home » Strategies » Arbitrage Betting. Arbitrage Betting Heard that arbitrage betting is an effective way to make money and want to learn more about the process?

Bookie of the Month. Betway Sports. Claimed by people this week. Visit Site. Read Betway Sports Review. Terms and conditions: Terms and Conditions apply. What Is Arbitrage Betting? Step 1 Using an odds comparison site such as Oddschecker, find a sporting event which offers two outcomes.

Step 2 Find the highest odds available for each outcome from two different bookmakers. Step 3 Calculate whether the odds represent an arbitrage betting opportunity.

Step 4 If so, calculate the individual stakes you need to bet with at each bookmaker. Step 5 Place each of the bets. Outcome 1 Outcome 2 1. Profit if outcome A wins: stake for outcome A x odds for outcome A — total investment If Nadal wins: £ x 1.

FAQs Is arbitrage betting illegal? Although arbing is not illegal per se, it is viewed very negatively by bookmakers and can often result in bets being cancelled should it be detected. This can have a knock-on effect if a bet on outcome A is cancelled with Bookmaker 1, but outcome B is not cancelled with Bookmaker 2, meaning that you could be seriously out of pocket considering the large stakes at play.

Will my account be suspended for arbing? It not uncommon for betting accounts to be suspended if people are suspected of using surebets. Therefore, heed a word of caution when approaching arbitrage betting despite the promised guaranteed profit on offer.