What is arbitrage betting? A simple explanation
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Arbitrage betting means placing bets on all possible outcomes of an event at different sportsbooks to guarantee profit regardless of the result.
Imagine at BetMGM, the Lakers have odds of -105, while Caesars has the Clippers at +110 in the same game. By betting on Lakers at BetMGM and Clippers at Caesars, you cover both outcomes. With the right math, this guarantees small profits no matter who wins.
While profitable, sportsbooks usually don’t like this practice, so use arbitrage carefully.
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