It is possible to earn guaranteed profit from sports betting—if you follow certain methods and strategies. One of the most profitable among them is surebetting, also known as sports arbitrage or arbs betting.
The key advantage of this system is a win, no matter the event's outcome. Typically, the profit ranges between 3% and 15% of the total amount wagered. Not bad at all!
What Are Surebets and How Do They Arise?
A surebet (or arbitrage opportunity) occurs when you wager bets on opposite results of the same sporting event with different bookmakers and secure a guaranteed profit due to variations in odds.
Here are the main reasons why surebets exist:
• High competition among bookmakers forces them to inflate odds.
• Bookmakers may fail to track odds changes in time or make mistakes in their lines.
As a result, we get significant differences in odds, which create arbitrage opportunities. All surebets are generally divided into:
Live surebets. Appear during ongoing sports events. Prematch surebets. Arise for events scheduled to happen in the future.
If to talk about arbitrage sport, football, hockey, and tennis are considered as most popular for arbing. However, arbitrage opportunities also arises in other sports.
Arbitrage Betting Example
Let’s consider a basketball match between Team 1 and Team 2.
|
Bookmaker 1 (B1):
– Team 1 to win – 1.7
– Team 2 to win – 2.9
Bookmaker 2 (B2):
– Team 1 to win – 1.9
– Team 2 to win – 2.7
As you probably noticed, the odds for these outcomes differ at the two bookmakers. Let's calculate the surebet:
Select the highest odds for each outcome:
Team 1 to win (P1) – 1.9, Team 2 to win (P2) – 2.9
Now apply the formula:
1 / P1 + 1 / P2 = A
If A < 1, a surebet exists.
Calculation:
1 / 1.9 + 1 / 2.9 = 0.53 + 0.34 = 0.87
Since 0.87 < 1, this is a valid arbitrage opportunity.
Profit formula: (100 / A) - 100 = Profit %
In our case: (100 / 0.87) - 100 = 14.79% profit
Finding Surebets (Arbitrage Scanners)
As you can imagine, finding and calculating arbitrage opportunities manually is difficult. That’s why many bettors rely on specialized surebet scanners.
These services collect odds from bookmaker lines, compare them, identify arbitrage opportunities, and display the list for users.
Betburger is a top-rated arbitrage betting service. Launched in 2013, it has gained widespread popularity among professional bettors, with over 80,000 users.
|
What makes BetBurger stand out:
• A large selection of surebets
• High-speed, high-quality scanning
• Covers over 200 markets in 50 sports from 400+ bookmakers
• Ideal for other strategies too, such as value betting and middles
It also offers useful features like a hide option to manage visible surebets and the betting logs for tracking your wagers and profits
Conclusion
As you can see, the arbitrage betting strategy is not as complex as it might seem at first glance. However, to apply it effectively, you need a reliable assistant in the form of a surebet scanner.
