Arbitrage

What is Arbitrage in sports betting?

How to understand Arbitrage in betting shops?

How to define Arbitrage in betting?

Arbitrage is an arbitration situation. In sports betting, this term refers to Arb. In other words, Arbitrage is a bet in different betting shops for all outcomes of a sporting event, assuming one hundred percent win. Such opportunities are rare. However, there are a number of resources that give information about Arb in live mode. The average percentage of a profit at the Arbitrage bet ranges from 4-7.

For Arb it is necessary that the sum of the inverse odds for all outcomes will be less than one. For example, in different shops, a player chooses the highest odds for the match between Barcelona and Valencia. On the victory of Barca one of the shops gives 2.6 (the maximum of all), the maximum odds for a draw are 3.1 and the highest quotation for the victory of Valencia is 4.5. Now it is necessary to make the following calculations: 1/2.6 + 1/3.1 + 1/4.5 = 0.928. The amount is less than one, so Arbitrage is found. By special formulas, the value of a bet for each outcome of a match is determined.

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B. Royval – T. Taira
MMA. UFC Vegas 98
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Liechtenstein – Gibraltar
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Malta – Moldova
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Armenia – North Macedonia
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Finland – England
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Faroe Islands – Latvia
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Austria – Norway
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Greece – Ireland
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J. Nakatani – T. Salapat
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