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Arbitrage betting is a strategy where a bettor bets on all possible outcomes of a sports event at different bookmakers. In perspective, they can get guaranteed profit regardless of the result. But for the strategy to work, precise calculation is needed. You can make it using the arbitrage betting calculator from our website — it's free and doesn't require registration.
The arbitrage betting calculator helps the bettor accurately calculate what amount should be bet on each outcome of the event. It is based on odds for all possible results of the event. Manual calculation of an arbitrage bet requires calculating stake shares for each outcome, however the calculator automates this process.
Let's say you found an arbitrage situation in a tennis match. One bookmaker offers odds of 2.10 for player A's victory, and another — 2.15 for player B's victory. Since a draw is impossible, arbitrage is possible if the sum of inverse odds is less than 1:
You want to bet a total of $100. The arbitrage betting calculator will show:
Possible result:
Guaranteed profit: approximately $6.20, regardless of who wins.
To use the arbitrage betting calculator, follow these steps: