We bring to you the latest list of the top 10 best arbitrage betting sites for 2023. In the dynamic world of sports betting, ardent bettors are constantly seeking strategies to gain an edge and maximize their profits. One strategy that has gained significant traction is arbitrage betting, a method that capitalizes on discrepancies in odds across various bookmakers.
To effectively leverage this strategy, bettors require access to reliable and efficient arbitrage betting sites. These platforms serve as the gateway to identifying and capitalizing on profitable arbitrage opportunities.
Just as we have written about the best sports betting sites in Nigeria, in this comprehensive guide, we will unveil the top 10 arbitrage betting sites, providing you with a curated list of platforms that can help you navigate the complex world of sure betting and unlock a world of potential profits. I have personally tested each of these sites to bring you a detailed list to help you choose an arbitrage betting site that suits you.
What Are Arbitrage Betting Sites?
The term “Arbitrage” is used in finance to describe a strategy where an individual takes advantage of a price difference between two or more markets.
Arbitrage betting sites are online platforms that provide bettors with the tools and resources necessary to identify and capitalize on arbitrage opportunities in the sports betting market.
Arbitrage, also known as sure betting or miracle betting, involves placing bets on all possible outcomes of a sporting event across different bookmakers to guarantee a profit, regardless of the outcome. This strategy takes advantage of variations in odds offered by different bookmakers, allowing bettors to exploit pricing inefficiencies in the market. You should read more about other strategies like 2 odds betting strategy, and read more on other betting terms like 1x meaning in betting.
List of Top 10 Arbitrage Betting Sites
Here are the top arbitrage betting sites worth considering:
1. RebelBetting
First on the list of the best arbitrage betting sites is RebelBetting. RebelBetting has established itself as a long-standing leader in the sports arbitrage betting field. Many enthusiasts consider it the go-to software for arbitrage betting, thanks to its extensive features and reliability. Is this betting platform among the best betting firms in the world? You should find out.
- Interface and Layout: Clean and User-Friendly
One of the standout features of RebelBetting is its clean and uncluttered interface. The main screen displays the arbitrage bets that match your filters, presenting the profit margin, match participants, and odds in a simple and easy-to-understand format.
This simplicity is particularly valuable when engaging in high-stakes, rapid-fire betting, as a crowded layout can increase the chances of making errors under pressure. Clicking on a specific arbitrage opportunity provides more detailed information about the bet.
- Arb Details and Market Depth
RebelBetting allows you to delve into the specifics of each arbitrage bet. By clicking on the “More Bets” button, you can access information about the bookmakers accepting bets for that particular outcome, which align with your set filters. This feature provides valuable insights into the depth of the betting market for each arb.
- Arbitrage Calculator: Handy Tool for Calculations
RebelBetting offers an integrated arbitrage calculator, streamlining the process of determining the optimal stake sizes for each leg of your arbitrage bets. This tool helps you accurately calculate the required bets and potential profits.
- Coverage: Wide Range of Bookmakers but Limited Sports
With access to over 90 bookmakers, RebelBetting boasts one of the most extensive selections among major arbitrage betting software packages.
However, it is important to note that RebelBetting scans for arbs in only 10 sports, which may be slightly disappointing for some users.
Nevertheless, the 10 sports covered are those that frequently generate arbitrage opportunities, minimizing the sense of missing out.
- Pricing: Plans for Different User Needs
RebelBetting offers two different plans to cater to varying user requirements. The Starter plan is ideal for beginners who want to learn the ropes without investing a significant amount. It comes with a maximum profit margin limit of 3.5% and does not provide access to brokers.
Nonetheless, it still offers the potential to make decent profits. On the other hand, the Pro plan grants access to arbs with any profit margin and includes arbs involving betting brokers, which is beneficial for users seeking access to sharp bookmakers through a third party.
- Flexibility and Cancellation
RebelBetting allows you to cancel your subscription at any time, and you will retain access to the service until the end of your current billing period. This flexibility ensures that you have control over your subscription and can make changes as needed.
In summary, RebelBetting stands out as a market leader in the arbitrage betting software realm. Its clean interface, comprehensive bookmaker coverage, and efficient features make it a popular choice among arbitrage betting enthusiasts.
Related: Meaning of 1×2 In Betting
2. Surebet
Surebet offers a browser-based arbitrage software, eliminating the need for additional downloads or installations. It is our second mention on the list of top arbitrage betting sites.
- Interface and Layout: Simple and Functional
Surebet’s interface is designed to be simple and straightforward. While it may not be visually striking, it efficiently serves its purpose. The top navigation bar allows you to choose between surebets, middles, and value bets, providing easy access to the desired bet type.
Once you select a specific bet type, the interface provides various options, including a search bar to look up events, a betting stake calculator, an odds converter, an indicator of bookmaker odds update frequency, and tutorials/guides on arbitrage betting.
- Filters and Features: Refining Search and Useful Tools
Surebet allows you to refine your search for arbitrage bets by adjusting filters. This helps you focus on the specific arbs that interest you, and the filter options are conveniently accessible via the menu on the right side of the screen.
Surebet also provides a comprehensive arbitrage betting calculator with essential features. The calculator automatically fills in the relevant odds from the selected arb, saving you time and effort.
You can manually adjust commission percentages, which is particularly useful for exchange arbs. Additionally, the software supports multiple currencies, accommodating bookmaker accounts funded in different currencies.
The platform includes default currency exchange rates, but you have the option to enter your own rates if desired. Surebet also offers an odds converter that swiftly converts odds formats to European, American, English, Hong Kong, and Malay styles.
The software features filtering capabilities based on arb age, start time, profit, and return on investment. You can also manually search for specific arbs using the search bar.
- Pricing: Affordable Plans for Surebet
Surebet offers competitive pricing options for their service, making it accessible to arbitrage bettors.
Standard Monthly Plan: The standard monthly plan from Surebet is priced at just €25.90, providing you with access to their arbitrage betting software and features.
Premium Plan: For an additional €2 per month, you can upgrade to the premium plan. This plan includes middles, which can be a valuable tool for flying under the radar of bookmakers. Considering the benefits of middles, I highly recommend opting for the premium plan if you decide to use Surebet.
Surebet’s pricing structure ensures affordability while offering the flexibility to choose the plan that best suits your needs.
Related: Best Betting Sites In the World
3. OddsJam
OddsJam comes next on our list of the best arbitrage betting sites. It is a relatively new startup that has quickly made a name for itself in the North American arbitrage betting scene. Unlike most arbitrage software that primarily focuses on European bettors, OddsJam caters specifically to US and Canadian bettors. In this review, we’ll explore the pros and cons of OddsJam’s software and discuss its features and pricing.
- Layout and Interface: A User-Friendly Experience
When it comes to the user interface, OddsJam shines with its browser-based software. The interface is one of the best I’ve seen in arbitrage software. The software is divided into four main sections:
- Odds Comparison: This section allows you to search for any league, match, or market in the country and compare odds from different sportsbooks.
- Betting Tools: The betting tools section is where you’ll spend most of your time on the OddsJam platform. It offers various options, including arbitrage bets, low-hold bets (with low vigorish), middles, and value bets (known as positive EV bets).
- Calculators: OddsJam provides three calculators: the arbitrage betting calculator, the freeplay calculator, and the no-vig fair odds calculator. While the arbitrage calculator may be basic compared to European software, it still gets the job done.
- Bet Tracker: The bet tracker feature is where OddsJam excels. It provides a detailed overview of your betting performance, including stake, status, winnings, and the sportsbook used for each bet. This feature helps you track your profits over time, especially for positive EV betting, which can have its ups and downs.
- Features: Middles, Value Betting, and More
In addition to the standard arbitrage bets, OddsJam offers two notable features: middles and value bets (positive EV bets). These features make OddsJam stand out in the market. The ability to find middles can be beneficial when using signup or promotional bonuses.
Furthermore, OddsJam’s bet tracker is exceptional. It allows you to monitor your account balance with each bookmaker, ensuring you know when to top up. Having all this information available in one dashboard is incredibly useful for bettors.
- Pricing: Plans to Suit Different Needs
OddsJam offers two plans: the Arbitrage Plan and the Industry Plan, each with different pricing tiers.
Arbitrage Plan – $99/month ($64.35/month with discount*): If you’re primarily interested in arbitrage betting, this plan will suffice for your needs.
Industry Plan – $249/month ($161.85/month with discount*): The Industry Plan includes everything in the Arbitrage Plan and adds value bets (positive EV bets). This plan is more comprehensive and suitable for those looking to explore different betting strategies.
Related: Bet Code Converter – All You Need to Know
4. BetBurger
BetBurger may be a relative newcomer to the sports arbitrage betting scene, having been founded in 2015, but it has quickly emerged as a major competitor. It is no doubt worthy of mention on this list of top arbitrage betting sites. In this review, we’ll explore the pros and cons of BetBurger’s software and discuss its features, interface, and pricing.
- Interface and Layout: Getting Familiar
Upon first glance, the BetBurger layout may appear a bit crowded, but with some time, you’ll get used to it. Potential arbitrage bets are displayed on the left side of the screen, and when you click on an arb, the details will be shown in the panel on the right side.
The software includes an integrated arbitrage betting calculator and displays all possible arbitrage opportunities for a particular match, sorted by the highest profit margin by default.
One aspect I find challenging is how BetBurger displays the bookmaker odds for a specific event. Instead of listing the various outcomes and associated odds for each bookmaker, they try to show every possible combination of bookmakers that result in an arbitrage betting opportunity.
This approach makes it difficult to determine the order of placing bets and assess the safety and leeway of an arb if one leg is rejected. It’s important to note that using this software may lead to costlier errors compared to other options available, which is unacceptable considering the high monthly price they charge.
- Features: Comprehensive Filtering and Extensive Bookmaker Coverage
BetBurger offers useful filtering options, allowing you to filter by bookmaker, match location (useful for defensive arbing), arb types, outcome types, and more. The software enables sorting of arbs by profit margin, age, time to match start, and other criteria.
With access to 82 bookmakers and coverage of 34 sports by default, BetBurger boasts the most extensive bookmaker and sport selection among the arbitrage software reviewed.
They also provide the option to download their ‘ArbHelper’ Chrome extension, which allows you to open bookmaker websites directly from the arb hunting software, streamlining the betting process.
- Pricing: Subscription Plans to Suit Your Needs
BetBurger offers three subscription plans tailored to different preferences:
- Prematch arbs for €100/month
- Live arbs for €190/month
- Prematch + live arbs for €240/month
If you’re new to arbitrage betting, I recommend starting with the prematch plan. Live arbing is an advanced strategy that carries higher risk but also higher potential rewards.
5. BetOnValue
This list of arbitrage betting sites isn’t complete without including BetOnValue platform. BetOnValue has been a prominent player in the sports arbitrage betting market for a couple of decades. While their software may not be as user-friendly as some of the others I’ve reviewed, it offers advanced features that set it apart. Operating entirely in the browser with no software download required, let’s explore the pros and cons of BetOnValue’s software.
- Interface and Layout: Advanced, but a Bit Dated
Upon loading the BetOnValue software for the first time, you might find the interface overwhelming with its crowded information. However, as you spend more time exploring it, you’ll discover the software’s numerous advanced features that other platforms may lack.
I was pleasantly surprised by the abundance of arbitrage bets available, exceeding what I had seen with other software. With coverage of about 32 sports, BetOnValue provides a wider range of arbitrage opportunities.
- Features: Discovering Advanced Functionality
While the user interface may not be the most intuitive, BetOnValue’s software offers valuable features. Clicking on specific bookmaker odds brings up a graph displaying the history of those odds, helping you assess their trends.
The odds presentation for each event is neatly displayed, allowing you to quickly determine the viability of an arbitrage bet. The more you explore the software, the more features you’ll uncover, although they may not be immediately obvious.
- Pricing: Balancing Cost and Access
BetOnValue offers a unique pricing model that allows you to access the software at a reduced cost by agreeing to a longer delay on the arb feed. It’s important to note that longer delays may increase the likelihood of encountering false or expired arbs, wasting your time. Ultimately, the decision of whether the extra delay is worth the cost savings is up to you.
For most users, I recommend the gold package, which provides live access to the arbitrage bet feed. Since many arbitrage opportunities vanish within minutes, speed is crucial.
However, if you’re on a budget or only placing occasional arbitrage bets, the silver package with a 3-minute delay on the arb feed may be a more cost-effective option.
Before delving into arbitrage betting sites, get a comprehensive overview of sports betting through our guide on How to Bet on Sports.
Related: Top 10 Best NBA Betting Sites Review
6. Betslayer
Betslayer has quickly established itself as one of the top-tier arbitrage betting software packages since its inception in 2015. In this review, we’ll explore the pros and cons of Betslayer’s software and discuss its interface, features, and pricing.
- Interface and Layout: Clean and User-Friendly
When you open Betslayer, you’ll be greeted with a clean and uncluttered interface. The potential arbitrage bets are displayed on the left, and the selected arb details are shown on the right.
In the arb details panel, you can view the odds available at various bookmakers by clicking on a dropdown menu. While this is better than the approach taken by BetBurger, it’s still not as simple and intuitive as RebelBetting.
- Features: Built-In Profit Tracker and Live Arbs
One standout feature of Betslayer is its built-in arbitrage betting calculator in the arb details panel. It allows you to round stakes and save bets into the Betslayer profit tracker, which helps you track your progress over time.
Additionally, Betslayer offers live arbs for free, a generous inclusion compared to other software providers who often charge extra for live arbs. However, it’s worth noting that live arbing is recommended for experienced arbitrage bettors due to its higher complexity and risk.
Betslayer also provides the option to filter exchange-based arbs by setting a minimum sum for the amount of money on the exchange ready to be matched. Hence, it is one of the best arbitrage betting sites. This feature prevents you from being notified about high-profit margin arbs that have a minimal amount ready to be matched on the exchange.
While Betslayer offers a solid package, one limitation is the relatively low number of bookmakers covered, resulting in fewer arbs. With only 28 bookmakers included, they may have fewer opportunities compared to their competitors. Expanding their bookmaker coverage would ensure a wider range of arbs available at all times.
- Pricing: Cost-Effective Option
Betslayer offers a month subscription for £49, making it a much cheaper option compared to most other packages. This affordability is a significant advantage for those seeking an arbitrage betting software without breaking the bank.
7. OddsMonkey
OddsMonkey primarily focuses on matched betting rather than arbitrage betting, but their OddsMatcher tool can also be used to find arbitrage opportunities. In this review, we’ll explore the pros and cons of OddsMonkey’s OddsMatcher tool, which runs entirely in your browser.
- Interface and Layout
When you open the OddsMatcher, you’ll be greeted with a clean and user-friendly interface. Each arb is displayed on a new row, providing match details, arb rating, and the associated bookmaker and exchange prices. It’s easy to navigate and quickly identify potential arbitrage opportunities.
- Arb Rating
In the OddsMatcher, the concept of “arb rating” differs from the probability metric commonly used in arbitrage betting. Typically, for arbitrage bettors, an arb opportunity arises when the probability sums to less than 100%.
However, in the OddsMatcher, the arb rating refers to how much of your stake will be returned. A value greater than 100% indicates an arbitrage betting opportunity.
- Using the Filters: Customizing Your Search
To focus specifically on arbitrage opportunities, you can use the filters tab within the OddsMatcher. By setting a filter that shows only matches with an arb rating greater than 100%, you can ensure that the tool returns arbitrage opportunities exclusively.
- Pros and Cons of OddsMonkey’s OddsMatcher
As one of the leading arbitrage betting sites, one advantage of the OddsMatcher is its nice and clean interface, which makes it easy to navigate and identify potential arbs. Additionally, OddsMonkey offers their OddsMatcher tool at a low monthly price, making it an affordable option.
However, it’s important to note that all arbs found through the OddsMatcher are between bookmakers and exchanges, rather than between bookmakers alone. This limits the available opportunities compared to dedicated arbitrage software that covers a wider range of bookmakers.
8. OddStorm
OddStorm comes last on our list of the best arbitrage betting sites. It has been in the market for some time, and their surebet finder is comparable to other options available. However, the high price relative to the features they offer has deterred many potential users. Let’s see if their offering justifies the cost!
- Interface and Layout: Straightforward and Uncomplicated
The OddStorm interface is relatively straightforward, with potential arbitrage bets displayed on the left and detailed information shown on the right when you click on them. While the layout is functional, I find the display of bookmaker odds inferior to RebelBetting.
It’s not clear what the profit margin of an arb will be if you can only access the second-best odds. This lack of clarity makes it difficult to assess the potential profitability of an arbitrage opportunity when you can’t place a bet with the best available odds.
- Features: Filtering and Odds History
OddStorm provides a few notable features to enhance your arbitrage betting experience. Clicking on individual bookmaker odds brings up a table displaying the odds history, which can be helpful in understanding their trends.
The software allows you to filter arbitrage bets based on the number of legs involved (keeping it simple with two-leg arbitrage bets) or the time remaining until the bet settles (ensuring a higher return on investment by focusing on events that settle shortly). You can also filter and set alarms for arbs based on the profit margin.
Overall, the OddStorm software is relatively simple, which makes it challenging to justify their higher prices compared to RebelBetting and other competitors.
- Pricing: Expensive Subscription Options
As alluded to earlier, OddStorm offers the most expensive prematch sure betting subscription on the market. A one-month subscription costs €150, while a year’s subscription will set you back €1,395.
In comparison, RebelBetting charges €581 for a year’s subscription. The significant price difference makes it difficult to understand why OddStorm has set their prices so high.
Example of Sports Arbitrage Betting
Arbitrage opportunities can arise in betting markets due to various reasons, with one of the most common being a divergence in opinions among sportsbooks regarding a particular event. For instance, let’s consider an NBA game between the Miami Heat and the Phoenix Sundowns. “Sportsbook A” might initially offer the following odds:
Miami Heat $1.50 (e.g -200)
Phoenix Sundowns $2.50 (e.g +150)
And ‘Sportsbook B’ might offer the following odds:
Miami Heat $1.80 (e.g -125)
Phoenix Sundowns $2.20 (e.g +120)
Here’s the interesting part: “Sportsbook A” opens its market with odds that don’t quite align with those of “Sportsbook B”. This discrepancy creates a golden opportunity for the savvy bettor to engage in arbitrage.
So, our clever bettor decides to take advantage of the situation. They place a $55.55 bet on the Miami Heat with Sportsbook B, securing a potential payout of $100 if the Heat emerge victorious. Simultaneously, they invest $40.00 on the Phoenix Sundowns with Sportsbook A, giving them a chance to score another $100 if the Sundowns win.
Now, here’s the beauty of arbitrage: regardless of the game’s outcome, our bettor is in for a win. They’ve invested a total of $95.55, but they will receive $100 in return, regardless of which team comes out on top. It’s like a risk-free profit boost to their bankroll!
Arbitrage opportunities like these highlight the dynamic nature of sports betting markets and the potential for smart bettors to leverage discrepancies in odds to their advantage.
Finding Opportunities for Arbitrage Bets: Methods and Risks
As sports betting and sportsbooks gain popularity, locating arbitrage betting opportunities can be challenging. However, there are still ways to discover these opportunities. Here are some methods to help you find arbitrage bets:
Manual Comparison:
Comparing odds manually between different sportsbooks can reveal potential arbitrage betting opportunities. Although this approach can be time-consuming, there are online tools available, such as odds comparison sites, that streamline the process. Manual comparison also helps improve your understanding of sports betting markets and sportsbooks.
Software:
Utilizing software designed for scanning and detecting arbitrage betting opportunities can save time and effort. These programs automatically analyze odds across multiple sportsbooks, making it easier to identify potential arbitrage bets. It is important to exercise caution and choose reputable software to avoid scams or programs requesting private or credit card information.
Risks in Arbitrage Betting and Strategies to Mitigate Them
Although arbitrage betting may appear risk-free at first glance, it is not entirely devoid of risks. One such risk stems from the potential mistakes made by sportsbooks or errors in the odds they offer.
For instance, let’s consider a scenario where all sportsbooks are offering odds of $1.05 for a particular outcome, except for one outlier sportsbook that displays odds of $61. This substantial deviation in odds presents an enticing opportunity for arbitrage.
By betting on the heavy favorite at $61 with the correctly priced underdog at $15, it may seem like a chance for a significant payday. However, sportsbooks retain the ability to void the bet on the erroneous odds of $61, refunding your stake. Consequently, you would find yourself heavily backing the $15 underdog without the desired balance in your arbitrage bet.
To navigate these risks, it is advisable to focus on non-error opportunities where a 1-5% guaranteed return is typically available. When odds appear too good to be true, they often indicate an error that carries a high likelihood of being voided.
Nevertheless, it might still be worthwhile to place single bets on favorites with error odds. In the event of a voided bet, you would receive a refund. However, if the bet stands, you would have seized the opportunity to back a heavy favorite at underdog odds, potentially resulting in a decent profit.
By exercising caution and adhering to strategies that minimize exposure to error-prone situations, you can enhance your arbitrage betting endeavors while mitigating associated risks.
Arbitrage Bet Finder Nigeria
What is the best arbitrage bet finder for Nigerians?
Well, I think that following two arbitrage bet finders are the best for Nigerians.
| Price (monthly) | Overall Rating | |
|---|---|---|
| RebelBetting Lite | €99 (₦46,658) | |
| BreakingBet | €12 (₦5,655) |
I will now be comparing them in detail, so that you know which is the best for you.
Here is a comparison table that covers the major differences between RebelBetting and BreakingBet.
| Price per month | Interface/ Speed | Arb Delay | Bookies | Nigerian Bookies | |
|---|---|---|---|---|---|
| RebelBetting Lite | €99 (₦46,658) | Best | 30 mins | 90 | 5 |
| BreakingBet | €12 (₦5,655) | Good | None | 40 | 6 |
Overall I recommend BreakingBet for Nigerian arbers. At €12 per month, they are much more affordable than RebelBetting.
They also offer betting exchanges arbs and a real time arb feed (which RebelBetting Lite does not).
If you are new to sports arbitrage betting, BreakingBet is a great way to get started.
It is a great budget friendly option that will still get the job done for you. It covers the major Nigerian bookmakers, displays arbs as they are found and can be run entirely in your browser without any software to download.
Arbitrage Calculator – How It Works
In the gambling industry, an arbitrage betting calculator, also called an arb calculator, is a tool used to identify arbitrage betting opportunities. This style of wagering makes use of the different odds that various bookmakers are willing to offer on the same event. Using the calculator, a profit is guaranteed no matter what happens.
Let’s explain how it operates:
- Input: First, you enter the odds obtained from two or more bookies for the various outcomes of a certain event. You may enter the odds for Team A winning, Team B winning, and a tie, for instance, in a soccer match.
- Calculation: The calculator figures the precise amount that must be wagered on each outcome in order to win. It accomplishes this by applying a mathematical formula that accounts for both the total amount you want to stake and the odds being given.
- Output: The calculator then delivers the precise amount to wager with each bookmaker and the profit you are assured to make regardless of the result.
It’s important to keep in mind that while arbitrage betting can guarantee a return, there are risks involved, such as the chance that bookmakers will change their odds or refuse to pay out. Making sizable gains also necessitates a sizable time commitment and a sizable betting budget. Before engaging in arbitrage betting, be sure you are completely aware of these hazards.
How to Identify Arbitrage Betting Opportunities Manually
Identifying arbitrage betting opportunities manually can be a relatively simple yet time-consuming process. Here’s a step-by-step guide on how to find arbitrage bets without relying on software or bots:
- Step 1: Find a Sporting Event with Two Outcomes
Start by visiting an odds comparison site like Oddschecker. Look for a sporting event that offers two possible outcomes, such as a tennis match with a player A vs. player B scenario.
- Step 2: Compare Bookmaker Odds
Next, compare the odds offered by different bookmakers for each outcome. Identify the highest odds available for player A from one bookmaker and the highest odds for player B from another bookmaker. These bookmakers should be different to create an arbitrage opportunity.
- Step 3: Calculate the Profitability
Once you have the highest odds for each outcome, calculate whether the odds create an arbitrage betting opportunity. Add the reciprocals of the two odds (1/odds A + 1/odds B) and check if the sum is less than 1. If it is, you have an arbitrage opportunity.
- Step 4: Determine the Stakes
If the odds present an arbitrage opportunity, calculate the individual stakes you need to bet with at each bookmaker to ensure a profit regardless of the outcome. This can be done using an arbitrage betting calculator or through manual calculations.
- Step 5: Place Your Bets
Once you have determined the stakes, proceed to place your bets with the respective bookmakers. Ensure that you have sufficient funds in your accounts to cover the stakes.
Remember to act swiftly, as arbitrage opportunities can disappear quickly. Keep in mind that manual identification of arbitrage opportunities can be time-consuming and may not be as efficient as using dedicated arbitrage betting software.
FAQs About Arbitrage Betting Sites
Is arbitrage betting possible in Nigeria?
Yes, arbitrage betting is possible in Nigeria. Sports arbitrage, also known as surebetting, is a legal practice in Nigeria. Unlike betting on “fixed matches,” which is illegal and unethical, arbitrage betting involves placing bets with different bookmakers to take advantage of discrepancies in odds, guaranteeing a profit regardless of the outcome of the event.
How do you know if arbitrage is possible?
To determine if arbitrage is possible, one needs to assess the market conditions and price discrepancies between different platforms or exchanges. Arbitrage opportunities arise when an asset or security can be bought at a lower price in one market and sold at a higher price in another market simultaneously, guaranteeing a risk-free profit
Is Betfair arbitrage friendly?
Yes, the Betfair Exchange can serve as both a bookmaker and odds comparison service to users.
Top Arbitrage Betting Sites (Summary)
As of 2023, the realm of arbitrage betting has witnessed the emergence of several top-notch platforms that have revolutionized the way individuals engage in this lucrative practice.
The top 10 arbitrage betting sites of 2023 have managed to combine cutting-edge technology, comprehensive market coverage, competitive odds, and user-friendly interfaces to provide an unparalleled betting experience.
These platforms offer a wide range of sporting events, efficient arbitrage calculators, secure payment methods, and robust customer support, ensuring that bettors can maximize their profits while minimizing risks.
With their commitment to transparency, reliability, and innovation, these top 10 arbitrage betting sites have solidified their positions as leaders in the industry, attracting a growing number of bettors seeking to capitalize on arbitrage opportunities and achieve financial success in the realm of sports betting.
