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Arbitrage Betting - Free Calculator for Sports Betting

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FanDuel
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Odds Scanner US

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Odds Scanner US is your trusted sports betting arbitrage tool. We use mathematical formulas to determine the most profitable bet so you can have the best odds of success in your sports betting ventures.

Arbitrage Betting Explained

What is arbitrage betting? Arbitrage betting, also known as arb, refers to when a bettor places two wagers on the same event at two different sportsbooks to lock in a risk-free return.

Arbitrage happens because the lines are set by different sportsbooks, and they can often be out of sync. This creates arbitrage betting opportunities. It is essential to use different odds from sportsbooks in arb betting.

Understandably, a bet with a guaranteed profit may seem a little strange at first. But arb betting is what makes it possible.

Examples of Arbitrage Betting

In this section, we will look at some arbitrage gambling examples to help you better understand the function of arb betting. As with all betting methods, you want to ensure that you have the best odds when placing your wagers.

This is where you need an arbitrage betting calculator. With Odds Scanner US, you’re sure to get the best odds for all of your arb betting needs.

Different Prices or Lines on the Same Bet

You can bet on both the winning and losing side of a bet if two different sportsbooks offer different lines or prices.

Here, we’ll assume there is a football matchup between the New York Giants and the Chicago Bears. BetMGM gives the Bears +180 odds and the Giants -220.

While the Giants are clear favorites, arbitrage betting allows you to bet the same amount of money on both teams to maximize your chance of winning.

To win, you must place an equal wager on each team winning. Your losses on the losing team will be covered by the team that wins.

Different Prices on the Same Moneyline

You can bet on both the winning and losing sides at the same time by placing your wagers in two different sportsbooks that offer different prices for a moneyline.

Find Arbitrage Bets with Odds Scanner US

Although arbitrage betting may sound simple, it requires a lot of research and math to calculate the best odds. You need a reliable arbitrage bet finder to determine the best odds from each arbitrage betting site.

Odds Scanner US analyzes thousands upon thousands of odds to provide you with the most reliable arb bets.

Moreover, Odds Scanner US provides the most current data to help you in your arb betting endeavors. It’s important to remember that bookmakers can change the odds of a match quickly. Be careful when placing your wagers.

Odds Scanner US is a trusted tool that will give you reliable results. This is an enormous advantage since many other tools charge fees.

How to Arbitrage Bet in Sports

Before you can proceed, you need to understand how to place arbitrage bets. These four steps will guide you through the process of arb betting using our sports arbitrage calculator.

1.   Register at Different Sportsbooks

First, make sure that you’re registered with multiple licensed betting houses.

2.   Compare the Odds With Our Free Arbitrage Tool

Our Odds Scanner US tool is free. It gathers the most recent data to help you find the best sports bets. You have the best chance to maximize your profits by using our tool.

3.   Keep Track of Your Betting History

Tracking your betting history results is an essential step to optimizing your sports betting. Get into the habit of doing this on a regular basis for optimal results.

Arbitrage Betting Tips For Beginners

To improve your chances of winning, use our Odds Scanner US arbitrage calculator and sports betting arbitrage tips to help you get started.

1. Get Started with Small Amounts

It’s best to start with small amounts and get comfortable with arbitrage betting. Then, you can gradually increase your stakes.

2. Be Quick

Arbitrage betting is all about timing. Make sure that you get your bet in on time. If the bookmaker changes its odds, your window of opportunity will be lost.

3. Diversify Where You Place Bets

You’re going to find the most diversified odds on obscure sports leagues. But you’re sure to gain the (unwanted) attention of sportsbooks when you only bet on these sports. Instead, be sure to bet on mainstream sports, too.

Bookmakers aren’t entirely fond of bettors wagering strictly on arbitrage bets. And they will suspend your account if you do it too much.

Are Arbitrage Bets Risky?

There are risks, yes, such as limits on how much you can wager in arb betting. What’s more, some bookmakers may have fluctuating odds and voided bets that upset your arb betting efforts.

Are Arbitrage Bets Worth It?

With practice, arbitrage betting can absolutely provide you with favorable profits. But to ensure that you’re getting the most from your betting efforts, you need a powerful and reliable arbitrage bet finder. Odds Scanner US is just the arbitrage betting finder you need to improve your chances of winning big.

FAQs About Arbitrage Betting

Let’s take a moment to discuss some of the most frequently asked questions concerning arbitrage betting.

How do you find arbitrage?

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With a reliable tool like Odds Scanner US, you’re given the best odds for arbitrage sports betting. This arbitrage betting finder is just what you need to maximize your earnings.

Is arbitrage betting still possible?

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While it’s true that bookmakers sometimes frown on arb betting, it is absolutely a viable sports betting method.

What is an arbitrage betting example?

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A good example of arbitrage betting is placing an equal wager on both the favorite team and the underdog team.

Can you get banned for arbitrage betting?

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You can. That’s why it’s best not to use arb betting as your only method of sports betting.

How do you do an arbitrage bet?

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Using Odds Scanner US, get the odds from two different sportsbooks and place wagers on both.

Can you get rich by arbitrage betting?

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While you won’t likely get rich, you can make steady money using the arb betting method.

Is arbitrage betting illegal?

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No, arb betting is not illegal.