You can capitalise on these different odds, by betting on the most profitable of each of them and ultimately making money regardless of the outcome.īecause it can be difficult to find these bets, many people use arbitrage bet finders, which can scan the odds across hundreds of bookmakers, sports, leagues and matches for you, alerting you when an arbitrage betting opportunity is found. In soccer, for instance, you could bet on win, draw, and loss, which would virtually guarantee that one of your bets will win, as you would be covering all the possible outcomes that could eventuate.Īrbitrage betting is only profitable when a number of bookmakers offer quite different odds for a particular event.
Arbitrage betting involves betting on all possible outcomes of a single event.