Free Arbitrage Betting Calculator
Seasoned sports bettors know that arbitrage betting – if executed well – is a way to almost always come out ahead when you’re placing sports wagers. However, you need to be precise, which is why you should use an arbitrage calculator.
You can use the calculator on this page to speed up your calculations and to reduce human error. We’ll also briefly touch on what arbitrage betting is, and when to avoid using it. Plus you’ll get an overview of what computations the calculator performs to help you determine the wagers to place on different outcomes. Read on for the details.
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When do you use an arbitrage betting calculator?
For nearly as long as there has been sportsbetting, there have been bettors who seek out different ways to win money. Arbitrage betting is one such method, as bettors take advantage of discrepancies such as different odds between sportsbooks, betting sites that move their lines at different speeds, human error and similar. You’re looking for probabilities on outcomes that add up to less than 100% and place one bet per outcome at different sportsbooks.
| Strategy | Using math to cover all outcomes. |
| Risk | Theoretically zero, but only if executed perfectly (which isn’t always possible). |
| Goal | Win money on your sports wagers. |
| Other notes | The strategy usually requires using multiple sportsbooks. |
Is it risky to engage in arbitrage betting?
This style of betting carries risk. If it’s not perfectly executed, you’ll lose money. And secondly, if a sportsbook suspects you’re using arbitrage, they may suspend your account, as some betting sites prohibit the use of this strategy.
How does the arbitrage betting calculator work?
The calculator essentially computes the following:
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Converts the odds to implied probabilities.
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Checks if the implied probabilities add up to less than 100%.
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Calculates your stake amounts for each outcome.
Pros and cons of using an arbitrage betting calculator
- Get a return profit if the arbitrage bet is perfectly executed
- Take advantage of discrepancies between sportsbooks
- Quick and easy to determine your wagers
- Some brands may suspend your account if they suspect arbitrage betting
Final thoughts on doing these arbitrage calculations
Arbitrage betting can be a solid strategy to minimize risk and claim a return on your bets when executed perfectly. To do so, you take advantage of discrepancies in odds between sportsbooks and place opposing bets on two different betting sites. If you plan on using arbitrage, then we highly recommend you use the calculator on this page. Just be sure you understand the risks, plus you need to understand that there is no guarantee that you’ll win, even if you’re using arbitrage.