All you need to know about: Arbitrage Betting

Arbitrage betting involves a gambler placing a wager on one bet for a specific outcome with a bookie and simultaneously placing a wager on the opposite result elsewhere. These sure bets guarantee that the bettor makes a profit regardless of the outcome. In the proper conditions, arbitrage mathematically covers all betting outcomes of a specific match or competition. Those bettors who frequently place arbitrage wagers are labeled arbers. To profit, arbers wager significant amounts of money.

Nearly all arbitrage wagers return slim margins of little more than one percent. Bookmakers don't like the practice and may cancel one end of an arbitrage bet, which ruins the bettor's guaranteed profit. In some cases, the bettor may lose his or her account privileges if discovered.