Home
Back
Arbitrage Betting Formula:
| From: | To: |
Arbitrage betting, also known as "arbing" or "surebets," is a strategy that involves placing bets on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of the result.
The calculator uses the arbitrage profit formula:
Where:
Explanation: This formula calculates the guaranteed profit from an arbitrage betting opportunity by comparing the total stake to the potential return.
Details: Accurate arbitrage calculation is crucial for identifying profitable betting opportunities, managing risk, and ensuring a positive return on investment regardless of the event outcome.
Tips: Enter your total stake in dollars and the combined decimal odds for all outcomes. The calculator will determine your guaranteed profit.
Q1: What is a good arbitrage percentage?
A: Typically, any arbitrage opportunity with a profit margin of 1% or more is considered worthwhile, though this can vary based on individual risk tolerance.
Q2: Is arbitrage betting legal?
A: Arbitrage betting itself is legal in most jurisdictions, but bookmakers may restrict accounts they identify as engaging in arbing activities.
Q3: What are the main challenges of arbitrage betting?
A: The main challenges include quickly identifying opportunities before odds change, managing multiple bookmaker accounts, and dealing with potential account restrictions.
Q4: How do I calculate total odds for multiple outcomes?
A: Total odds are calculated by summing the implied probabilities of all outcomes (1/odds for each outcome) and then taking the reciprocal of that sum.
Q5: Can I use this calculator for any sport?
A: Yes, this calculator works for any sport or event where you can find odds discrepancies between bookmakers for all possible outcomes.