As an experienced bettor, sports betting arbitrage (or surebet) offers an unparalleled opportunity to generate risk-free profits. While simple in theory, it requires a deep understanding and precise execution. In this article, I will provide you with a detailed analysis of arbitrage betting, its advantages, risks, and how to exploit it effectively through brokerage services like BetInAsia.
What is Arbitrage Betting?
Arbitrage betting involves placing bets on all possible outcomes of a sporting event by taking advantage of different odds offered by various bookmakers. This strategy guarantees a profit regardless of the event's outcome. For example, if two bookmakers offer different odds on the same match, you can bet on all options and secure a guaranteed profit.
To successfully execute a surebet, you'll need access to an odds comparison tool, multiple bookmaker accounts to place the bets, and, most importantly, no betting limits (high liquidity) on your stakes.
The indispensable tool for the arbitrage bettor: the sports betting broker
Sports betting brokers, such as Asianconnect, offer unique advantages for arbitrage bettors:
- Access to multiple Asian bookmakers: A broker provides access to a variety of reputable Asian bookmakers, who do not limit winning bettors. This significantly expands your opportunities to find surebets.
- Platforms based on Mollybet: Through platforms like AsianOdds88 from AsianConnect or BLACK from BetInAsia, you can compare odds from multiple bookmakers in real time, while the Orbit exchange offers liquidity comparable to Betfair, without increasing commissions for long-term winners.
- Very low commissions: With these platforms, you pay no commission on your bets. Only the Orbit Exchange Betting platform imposes a standard 3% commission on winning bets, lower than Betfair's.
- Exceptional liquidity: The combination of multiple odds sources ensures high liquidity, which is crucial for placing large-scale bets without affecting the available odds.
Okay, but which sports betting brokers should you choose?
Here are the ones I know and use:
Rank |
Name |
Summary |
Rating |
Available Bookmakers |
View |
1 |
BetInAsia review
|
Trade at the best odds in real-time |
9/10 |
Betfair, Pinnacle, SingBet, BetISN, Matchbook, SboBet, 3et... |
Visit
|
2 |
AsianConnect review
|
The reliable choice |
8/10 |
Pinnacle, Sbobet, SingBet, Orbit + AsianOdds |
Visit
|
3 |
Madmarket review
|
The best compromise |
8/10 |
Access to betting exchange with Orbit & Pinnacle through Probet42. Best real-time odds with Edge. 100% crypto. |
Visit
|
4 |
SportMarket review
|
Best odds guaranteed |
7/10 |
Betfair, Betdaq, Ga288, IBC, ISN, Matchbook, Pinnacle, SBO, Singbet, ... |
Visit
|
How to find a Surebet?
- Step 1: Find a match where you notice differences in odds values between bookmakers. This often happens with major matches between teams from different nations.
You will find dedicated tools with betting brokers. If not, ask the support to provide you with surebet alerts.
- Step 2: Validate the surebet by calculating the implied probabilities:
Implied Probability = 1 / Odds
Add the implied probabilities of all outcomes. If the sum is less than 1, a surebet is possible.
- Step 3: Determine the stakes to place => Distribute your capital to cover all outcomes based on the odds offered. Use the following formula for each stake:
Stake = [Total capital × Implied probability of the outcome] / [Sum of implied probabilities]
In a 1|2 situation (avoid 1X2), for example, you should bet on the victory of team 1 with one bookmaker AND on the victory of team 2 with another bookmaker. With a broker, everything is handled in the same interface.
Here are the tools that make arbitrage easy:
Surebet Calculators
You'll find the explanations below, but I’ve prepared some automatic calculation tools.
You can input the odds with commas or dots.
If the surebet result is negative, your arbitrage didn’t work.
Practical Example of Successful Arbitrage:
Let's assume a hockey match between the Los Angeles Kings and the New York Rangers. You find the following odds at two different bookmakers:
- Bookmaker X: Los Angeles Kings win at 2.05
- Bookmaker Y: New York Rangers win at 2.07
1- Calculate the Implied Probabilities (referred to as IP)
IP of Kings' victory: 1 / 2.05 = 0.4878 or 48.78%
IP of Rangers' victory: 1 / 2.07 = 0.4831 or 48.31%
Sum of probabilities = 0.4878 + 0.4831 = 0.9709 or 97%
Since the sum of the probabilities is less than 1 (97% < 100%), a surebet is possible, well done.
2- Determine the Stakes to Place
Assuming you want to bet a total of €2,000:
Stake on Kings' victory = [2000 × 0.4878] / 0.97 = €1,005
Stake on Rangers' victory = [2000 × 0.4831] / 0.97 = €996
3- How Much Will You Win?
The outcome of the match will either be the Kings winning or the Rangers winning, which gives, with €1,000 staked on each side:
- If the Kings win: €1,005 × 2.05 = €2,060
You will have made €1,060 on the Kings' victory but lost the €1,000 on the Rangers' victory that did not occur. Your net gain will be €60.
- If the Rangers win: €996 × 2.07 = €2,060
You will have made €1,060 on the Rangers' victory but lost the €1,000 on the Kings' victory that did not occur. Your net gain will be €60.
By placing €1,000 on each outcome, you guarantee a profit of €60 regardless of the match result. This is how arbitrage betting works, exploiting the differences in odds to ensure a risk-free gain.
The Advantages of Arbitrage Betting
- Risk-free profit: Arbitrage guarantees a return on investment, regardless of the event's outcome.
- Diversification of bookmakers: Accessing multiple bookmakers through a broker like BetInAsia reduces the risk of account blocking.
- Optimization of odds: The tools provided by brokers ensure you always get the best available odds, thereby maximizing your profits.
- Flexibility of betting: With a wide range of sports and markets available, you can diversify your bets and explore niches often overlooked by traditional bookmakers.
The Risks and How to Minimize Them
Even though arbitrage betting is mathematically risk-free, several challenges can hinder your success:
- Account blocking: Traditional bookmakers may detect and block arbitrage bettors. Solution: Primarily use online brokers that accept surebets and reduce the risk of blocking.
- Betting limits: Some bookmakers impose limits on bets, which can restrict your strategies. Solution: Check the limits before placing your bets and use multiple brokers to diversify your odds sources.
- Bet cancellations: Bookmakers may cancel arbitrage bets for various reasons. Solution: Ensure you understand the terms of the bets and use reputable brokers to minimize these risks.
- Calculation errors: Mistakes in stake calculations can lead to losses. Solution: Use surebet calculators and double-check your calculations before betting.
My Opinion on Arbitrage Betting
Arbitrage betting is a powerful strategy for generating stable and risk-free profits, provided you understand its mechanics well and choose the right tools and brokers. AsianConnect and BetInAsia offer comprehensive and reliable solutions for advanced bettors looking to fully exploit surebet opportunities. By adopting a disciplined approach and utilizing the resources of online brokers, you can transform your sports betting into a regular source of income.
I encourage you to explore arbitrage betting and integrate this strategy into your sports betting arsenal. The profit possibilities are vast and accessible :D