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Added: Jan 15th, 2020
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What is sports arbitrage betting? Arbitrage bet in sports betting is an activity where you simultaneously place bets on all possible outcomes of an event at odds that guarantee profit, whatever the result of the event will be. These bets are also known as surebets, miraclebets, surewins or just arbs. How it works? Normally, placing bets on all outcomes of an event at single bookie would result in guaranteed loss. However, if you take the best odds from different bookies, it is possible to make guaranteed profit. Most sports events have two possible outcomes (tennis, American football, basketball, hockey-no draw) or three possible outcomes (football-draw possible). Here we will give you an example of an event with two possible outcomes.
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