Betting Arbitrage

Betting arbitrage, also known as "arbing," involves placing bets on all possible outcomes of an event across different sportsbooks to guarantee a profit, regardless of the result. This works because different bookmakers may offer varying odds due to independent rounding, margins, or incentives. By carefully calculating the stake proportions based on these odds, bettors can ensure a combined payout exceeds their total stake, securing a risk-free profit. It's a strategic way to exploit disparities in odds, but it requires quick execution, precise calculations, and awareness of bookmaker policies.