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The Basics of Arbitrage Betting
Arbitrage betting, also known as sure betting or miracle betting, is a method of placing bets on different outcomes of a single event in order to guarantee a profit. This is done by taking advantage of discrepancies in odds offered by various bookmakers or betting exchanges. By placing bets on all possible outcomes, bettors can secure winnings regardless of the final result.
For example, let’s say there is a tennis match between Roger Federer and Rafael Nadal. Bookmaker A offers odds of 2.0 for Federer to win and 3.0 for Nadal to win, while bookmaker B offers odds of 2.5 for Federer to win and 2.5 for Nadal to win. As an arbitrage bettor, you would place a $100 bet on Federer at bookmaker A and a $100 bet on Nadal at bookmaker B. No matter who wins, you will turn a profit of $50.



