An arber can do this at multiple betting firms to ensure a profit regardless of the result. What is arbitrage betting?Īrbitrage betting (or “arbing”, “arbs”, or “sure bets”) is a gambling strategy that involves placing bets on all possible outcomes of an event in order to guarantee a profit. Bookmakers consider this to be a risk to their businesses, so they take active steps to detect and restrict it. This is when a player bets on all possible outcomes of an event and makes a profit no matter who wins. One of these strategies is arbitrage betting, or “arbing”. So, more people are trying their luck in the betting industry, using all possible strategies. The size of the global online gambling and betting industry amounted to $61.5 billion in 2021, and is expected to rise to $114.4 billion by 2028-an increase of over 86%.
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