Thanks to odds discrepancies at different books, bettors are able to lock in “sure-thing” bets. This means that the bettor is guaranteed a profit, regardless of the event’s outcome.
Keep reading about why sportsbooks look at arbitrage betting so negatively, and how bettors use some nifty strategies to avoid getting their accounts shut down or restricted! What Is Arbitrage Betting Again, Exactly?Īre you new to arbitrage betting? Not to worry! We’ll provide you with a great refresher course.Īrbitrage betting is when-thanks to astute line shopping-bettors can use two (or more) sportsbooks to bet on all possible outcomes of an event. Consequently, the majority of sportsbooks limit or restrict arbers. Regardless of whether it’s a sports betting site or a brand of Kentucky Bourbon, there needs to be a set of unique strategies to ensure that their books stay in the black.Īrbitrage betting severely cuts into sportsbooks profit margins, and they consider arbitrage bettors (arbers) to pose a massive market risk. What do Amazon, Jim Bean, HarperCollins, and your favorite sportsbooks have in common? They’re focused on maintaining profitability for their owners and shareholders.
