0 votes
by (120 points)
Can you explain how arbitrage betting works and how it can be a low-risk betting strategy?

1 Answer

0 votes
by (540 points)
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.
by (100 points)
The video is really interesting! Congrats. My 2 cents as a very beginner bettor: for strategy 2 you just get money if both odds (A and against A) are greater than 2. Is it really possible to find such a situation? Doing some maths, it seems to me quite unfeasible unless it's an unusual situation such an error in some books or whatever
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