Arbitage Betting Definition
Arbitage betting refers to opportunity betting in which punters guarantee a “sure bet” by betting on a game at two or more bookmakers. Since it is well known that bookmakers each have unique odds, it is possible to bet on one competitor at bookmaker A and bet on the second competitor at bookmaker B (or bring in a third bookmaker to cover the draw).Example
In simple terms it’s possible to use a tennis match as an example. At the first bookmaker the odds for player 1 are 2.05 and 1.90 for player 2. At the second bookmaker the odds for player 1 are 1.90 and 2.05 for player 2. By putting $100 on player 1 at the first bookmaker and $100 on player 2 at the second bookmaker, it is possible to guarantee a profit of $5 regardless of the outcome.