Arbs: The Secret of Win-Win Betting

  • Special Content faviconSpecial Content

    Nov 2, 2023, 11:18 am577 pts

    In today's fast-paced world, sports betting has gained immense popularity, offering an exciting way to engage with your favorite sports while potentially making some extra cash.

    However, the risky nature of gambling often deters many potential bettors. This is where arbitrage betting come into play. In this comprehensive guide, we'll delve into the world of arbs, shedding light on what they are, how they work, and how you can maximize your winnings while minimizing risks.

    What Are the Arbs?

    Arbitrage betting (arbs) are a unique strategy in sports betting that allows you to bet on all possible outcomes of an event, ensuring a guaranteed profit, regardless of the final result. Unlike traditional bets, where you bet on one outcome, arbs exploit discrepancies in odds offered by different bookmakers.

    Understanding of the strategy

    To fully understand the concept of arbitrage betting, it's essential to understand how it works. Let look at a simple example:

    BK1: H1 (-1.5) = 2.23; H2 (+1.5) = 1.73;

    BK2: H1 (-1.5) = 1.80; H2 (+1.5) = 2.19;

    In this case, if we will place $400 on H1 at BK1 and H2 at BK2 with 2.23 and 2.19 ($200 on each outcome), we'll get guaranteed profit $38 or $46. Not bad, isn't it? Imagine, that we can place such arbs even 5 times a day.

    arb chart

    Finding and calculating arbs

    One of the difficulties in operating with arbitrage situations is to find and calculate them. In this case, we can both use arbitrage betting scanners or the manual search. The main advantage of the last one is there is no need to spend money on scanner subscription. However, you need to analyse by your own the betting lines of hundreds bookmakers and make necessary calculations to identify surebets.

    Of course, its possible and some arbers are operating this way. But you must understand - it significantly decrease the number of surebets you can find in one day. That's why in most cases punters prefer to use arbitrage bet finder.

    BetWasp Arbitrage Betting Service

    When we are talking about arbitrage services, it's not to mention BetWasp - the leader in this niche for bettors from the US and Canada. Let's consider the main advantages and disadvantages of the scanner:

    Pros

    • Fast scanning speed;
    • Big variety of bookmakers (43 familar to US and Canadian arbers bookies);
    • Many kinds of sports and markets (46 and 235);
    • Additional useful features (accounting, close odds, hide menu, voting for new bookmakers, tracking bookmaker statuses etc);
    • Handy surebet and valuebet calculator for quick calculation of bets;
    • Responsive customer support service;
    • Great choice of payment methods.

    Read more about valuebet here: https://www.betwasp.com/valuebet

    Cons

    • Paid subscription (you need to buy a subscription in order to get full access to all service benefits).
    • Delay in scanning of some bookies (sometimes it's possible due to the technical issues. However, the development team usually fixes such issues ASAP.

    As you can see, all the existing disadvantages fully covered by the service pros, so it can be a really good choice both for beginners and for experienced arbers.

    arb chart

    It is worth noting that BetWasp has even 1-day subscription plan so can test all it's abilities at a small price. Moreover, not only arbs but also value bets included in every subscription so you can work with both strategies at once.

    Conclusion

    In the world of sports betting, arbs provide a unique opportunity to minimize risk and guarantee profits. With the right strategy use and tools, you can maximize your income.

    Now when you're equipped with a basic understanding of surebets, you can explore this fascinating world and potentially boost your sports betting experience.


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