What is Arbitrage Betting?
In simple terms arbitrage betting is the betting technique, where you place a wager on all eventual outcomes of an event that leads to a certain profit. The term ‘arbing’ derives from the stock market, traders would purchase an asset in one market while at the same time selling elsewhere from an increased price. Arbs betting is also known as sure betting, miracle betting or sure wins and is fundamentally a risk-free way of making money.
It may seem to good to be true, however, there are more occasions for sure wins than you may believe. The key thing about arbs betting is looking for inconsistencies in the odds given for a certain event. This enables you to wager on a particular result at an enhanced cost with a bookmaker or betting exchange, before betting against the opposite result at a favorable price on a different bookmaker or betting exchange. It’s crucial to understand that matched betting is different to arbs bets. Matched betting is looking at promotions and special offers to make a profit.
What is an Arb?
An ‘’arb’’ is a phrase that describes an arbitrage bet. When you find favorable odds at two or more bookmakers for opposite sides of a bet, it’s known as an arb. It can be difficult to get your head around and very hard to find these scenarios. But, arb companies, like BetSlayer, identify the arb opportunities for you. Identifying these opportunities would take an individual hours upon hours to maybe find one arb opportunity. But, a company like BetSlayer, has done all the heavy lifting.
Is Arbitrage Betting Legal?
Arbs betting is completely legal; however, the bookies don’t like people doing it. It loses them money and if you’re a consistent winner, it could see your betting account being banned. The online bookmakers industry is in the bookmaker’s industry. Matched betting and arbitrage betting are two of the ways we can turn the odds in our favour. Betting on too many of these arbs betting opportunities could result in the bookmakers closing or limiting your account.
How Much Money Can You Earn from Arbs Betting
If you’re looking for consistent and stable profits, arbing is for you. Although, if you’re looking to get rich quickly, arbitrage betting may not be the betting technique that gets you a quick profit. It isn’t common to find an arb betting opportunity which offers over 10% in profit. The perfect method for arbing is frequently placing smaller bets which gives you small profits (3%-10%). You should aim to set up betting accounts with as many bookmakers as possible, in arbs betting it is important to look at a range of bookmaker’s odds. People with a budget of £500 should make at least a few hundred to a thousand pounds in profit per month.
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