What is the Essence of Arbitrage Situation?

Arbitrage betting is the most reliable betting strategy from those that provide a guaranteed profit. Therefore arbitration betting (or arbs) isn’t liked by bookmakers. The meaning of the strategy is the game on the difference in the coefficients of the different bookmakers. The bets are made on mutually exclusive events in the sports match – wins, totals, an exact score, etc. The main conditions – the results of the sporting event in the match, on which the bet is placed, should not be more than three.

Each bookmaker has its own margin, and itself adjusts the coefficients in the line. Greedy bookmakers significantly underestimate the coefficients. Adequate bookmakers that are striving to increase the client base, try to work honestly, expose the minimum margin, and the odds in these bookmakers are always large.

It is on the difference of these indicators that arb is formed. It may also be that the bookmaker office underestimated the sporting event and incorrectly bet out the coefficient.

Example of arbitrage betting

The victory of Team A is estimated by the bookmaker with a coefficient of 1. 9, the victory of Team A is estimated by another bookmaker with a coefficient of 2. 16. It is evident that this is arb, and one of the offices has lowered the coefficient.

Now we need to calculate how much money to put in order to be in the plus regardless of the outcome of the match. The plug is calculated by the formula:

Cy= ( Cx * K 1 ) / K2                                                                                     Su – the amount of bet on the second event                                             Cx – the amount of bet on the first event
К1 – coefficient for winning the first team
К2 – coefficient for winning the second team

The amount of our bank will be equal to $100. The amount of bets is selected manually or with the help of the arb calculator.

Based on the formula, the sum of the bank, and the coefficients, we calculate:

Cx = (53. 2 * 1. 9) / 2. 16 = 46.8

This means that putting the first team to win 53.2 dollars, and to win the second team 46. 8 dollars, with any outcome of the sporting event, we will have a net profit of 1. 08 dollars.

Several variants of “arbs”

Amounts of bets can be formed a little differently: increase the amount of the bet to win one of the teams, so that when you win you get a profit of twice as much, and if you lose, play it to zero.

There are plugs that are calculated for 3 outcomes. With such arbs, the interest bet from the bank is added to the standard formula. The formula for calculating the plug for 3 bets is as follows:

C = 1 / K 1 / V =%
Cy = 1 / K 2 / V =%
Ce = 1 / K3 / V =%

Where % means the bet as a percentage of the amount of the bank.
There are many arbs calculators in the network. Arbs do not live long, and bookmakers are actively fighting with arbers. Arbs betting, in the opinion of bookmakers, is a fraudulent strategy of the game.

Cons of strategy

Bookmakers apply sanctions to fork makers: freezing the account, blocking the account, canceling the bet, reducing the maximum bets to scanty amounts.

Although large bookmakers, like Pinnacle, welcome arbers and even place on their sites calculators of arbs. To play on “arbs” and be in a stable plus, you need to understand that you need to have untwisted accounts in many bookmakers, a large bank, an opportunity to instantly enter and withdraw money on gaming accounts.

Conclusion

In this strategy, the main thing is speed. It is highly discouraged to engage in arbitration betting in one bookmaker’s office, or constantly play in the same bookmakers.