Arbitrage betting, also known as sure betting, is a strategy used in sports events where bettors place wagers on all possible outcomes of a match across different bookmakers to guarantee a profit regardless of the result. This method relies on discrepancies in odds offered by various betting sites.
In India, many sports enthusiasts are exploring arbitrage betting to minimize risks. For example, in cricket matches, one might find varying odds for a team winning or losing. By calculating the implied probabilities and placing bets accordingly, one can secure a small but sure profit.
However, it requires quick action as odds change rapidly. Bettors must use reliable tools and stay updated with live sports events to identify opportunities effectively. |