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What is Arbitrage Betting and How Does it Work?

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Can you explain how arbitrage betting works and how it can be a low-risk betting strategy?

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Arbitrage betting involves placing bets on all possible outcomes of an event at different sportsbooks that offer differing odds, ensuring a guaranteed profit regardless of the outcome. For example, if one sportsbook offers odds of 2.10 for Team A to win and another offers odds of 2.10 for Team B to win, you can bet on both teams at these odds. No matter which team wins, you will make a small profit. This strategy is low-risk and can be facilitated by software tools that identify these opportunities.
Question2Answer fatal error:

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