Arbitrage betting is when you cover all the results of a sporting event to guarantee a profit regardless of its outcome. This is possible to do because bookmakers do offer different odds, based on their different opinions, on the outcome of a specific event. Arbitrage betting is also known as ‘arbing’.
Arbitrage on betting exchanges
Arbitrage betting or ‘arbing’ is a trading technique that is used on betting exchanges to guarantee a profit regardless of the outcome of an event. The arbitrage betting exchange method takes advantage of price differentials between two markets, or within markets, to ensure a profit.
For example, you can buy or back an outcome on one betting exchange, then sell or lay the same bet for a higher price on another. Essentially, arbitrage sports betting allows you to place bets on all outcomes for an event at odds that will guarantee a profit. It is seen as a low-risk, medium-yield strategy.