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ARBITRAGE BET DEFINITION
What is an Arbitrage Bet?
An arbitrage (or arb for short) also known as 'surebets', 'surewins' and 'miraclebets' are bet types whereby a bettor wagers on a series of events that guarantees a profit no matter the outcome of a given event, or at worst, guarantees that no money can be lost but money can still be won depending on the result of an event.Arbitrage bets work by taking advantage of discrepancy in prices of the same event with different Sportsbooks in a way that can ensure the bettor can't lose money no matter the outcome of the event.
To learn more about Arbitrage Bets and to try out our Arbitrage Calculator go here.