Arbers place bets at different betting companies or at the same betting company. A football match would require three bets: one on each team plus one on a draw. In a tennis match, arbing would mean placing two bets: one on each player to win. Typically, arbers seek to cover their tracks so they don’t wind up on the bookmaker’s radar. Some even automate this practice by using bots to place multiple small wagers. 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%.
