What is Arbitrage Betting
Arbitrage betting is a strategy that allows you to place bets on both possible outcomes of an event to guarantee a profit, taking advantage of odds discrepancies across sportsbooks.
We will rank the most profitable scenario for you, updating the results in real time. Let's say the best option is the Los Angeles Lakers at the Golden State Warriors. FanDuel has the Lakers to win at +140 (meaning you bet $100 to win $140) and DraftKings has the Warriors to win at +125 (meaning you bet $100 to win $125)
If you place x on Lakers and they win, you will profit
If you place x on Warriors and they win, you will profit
Your guaranteed winnings will be at least x, with a chance to win
But how does that make any sense? Wouldn't one team have to lose?
Exactly. There can only be one winner.
However, by utilizing our software, we are able to find value among different sportsbooks so that you're covered regardless of who wins.
Bonus
Similarly, our software is able to find what's known as a "Middle" bet. For the above scenario, lets say the FanDuel has the Over at 225.5 while DraftKings has the Under at 229.5. You will take both.
The chances of winning these bets are a lot smaller, but the payouts are significantly higher! With middles, you either "push" and break even, have a small loss, or a huge win if you hit both!
When tracking your winnings from middles, we recommend doing it separately from the normal arbitrage bets.