The Pros and Cons of Arbitrage Betting

Arbitrage is sports gambling’s best kept secret – some say it’s a betting system, others regard it even as an investment plan. The idea behind it revolves around the fact that individual bookmakers tend to set different odds. Gamblers can take advantage of that by placing bets on all outcomes of a game, or to put it simply – you bet that both teams win.

Let’s say Barcelona is playing Real Madrid. Now imagine that one bookmaker is giving 1.60 on Barcelona, and the other 1.40 on Real. You decide to bet $100 on each of the teams – with the respective bookie. Now this is a sure bet – you get your money back and get some extra profit. In this particular case, the least amount you’ll win is $40. Not bad!
Aside from being risk-free, Arbing can be extremely profitable if you find the right opportunity at the right time. You should be quick as suitable windows open and close in a matter of just a few minutes. Luckily, placing an arbitrage bet only takes so long – you don’t need to track statistics or even ponder too much whether you should gamble your hard-earned money. You can track the results via Livescore.in.

However, you should consider the downsides of Arbing before stepping into action. Even though the bets themselves are safe, there is in fact a risk involved – the risk of you getting caught. It is not illegal, not at all – it is just you playing with the odds, but very few bookmakers tolerate this practice and they can ban you and even go as far as ruining your reputation so that other operators will ban you as well. Another point to be made is that if you want to make actual money out of it all, you’ll need to go big. Arbitrage bets don’t typically have big margins and you should put in a large sum to gain a good profit.