Everything You Need To Know About Arbitrage Betting
By Emmanuel Solomon 6 minute read Arbitrage betting, or ‘arbing’ for short, is something you may have heard mentioned in the gambling industry. Here, you can learn all about arb betting, what it is, how it works, whether it’s legal or not and the risks involved. What Is Arb Betting? Arbing is where you back and lay the same outcome on a sports event , exploiting any mathematical differences in the odds available. The margin between these is called an ‘arb’. If done correctly, arbitrage betting guarantees you a profit regardless of whether the back or lay wager wins. When arb betting, the back wager must be at higher odds than the lay. You don’t even have to be knowledgeable about sports in order to become a successful arber. It is all about finding opportunities. The wager where you back a sporting outcome should be placed on a regular fixed-odds bookmaker, either online through sportsbooks or offline at retail outlets. When putting on the lay bet while ...