What Is Arbing?
Arbing is another matched betting technique to make risk-free profits. Arbing refers to taking advantage of the odds difference between the bookmaker and the exchange to make a profit.
Usually when we place a bet on a bookmaker and match it on the exchange, the odds offered by the bookmaker is lower than the odds offered by the exchange. This creates a qualifying loss for matched bettors when we match the bet.
From the screenshot, we can see that the odds from Coral is 1.12, and the odds offered from Betfair is 1.13, which creates a -£0.30 qualifying loss from my £20 stake.
However, if the odds offered by the bookmaker is higher than the exchange, this creates a small profit for matched bettors! This is referred to as arbing.
If I edited the odds from Coral to 1.15 (higher than the exchange), we can see that we will make a profit instead of a qualifying loss. Arbing can provide lots of profit to matched bettors if we manage to find arbs and place them with a higher stake.
Arbs can be done on almost every sport that is offered by bookmakers and exchanges, including football and horses.
Here’s an example of an arb on horse racing. The odds offered by Coral on Reaver in the Kempton 15:15 is 15.0, while the lay odds on Betfair is 14.0, which creates an arb for us! If we placed a £20 stake on this, we’d end up with a risk-free profit of £0.37.
How To Find Arbs
The best way to find arbs is to use the Oddsmonkey Oddsmatcher tool. You can find more information about the Oddsmatcher tool here. The Oddsmatcher tool automatically finds arbs for us, and displays them with a red colour on the screen. Anything with a rating of over 100% is considered an arb, and will get us a guaranteed profit if we place and lay the bet.
As the screenshot above shows a list of arbs found by the Oddsmatcher tool. Place and lay your bet on the sport event for a risk-free guaranteed profit!
Note that arbs do not stay for long. Bookmakers can quickly realize the arb is present and lower their odds on that event. When you decide to take an arb, place and lay your bets quickly to avoid making mistakes.
Risks of Arbing
Arbing can be a really good technique to gain risk-free profits, but bookmakers do not like punters who arb. Therefore, you may find your account with the bookmaker quickly gubbed or stake-restricted if you arb too much!
Bookmakers are able to see the lay odds as well, and will know that you are arbing. If the bookmaker sees that you are placing a £500 bet on an obscure team from an obscure league, and sees that it is an arb, you’ll find your account stake-restricted very quickly.
To arb safely, choose only bets on popular teams or popular horses that lots of people will be betting on as well. For an example, if we find an arb on Chelsea to win, chances are your arb won’t be noticed, as plenty of other regular punters will be betting on Chelsea to win as well.
How Much Can You Arb
Your stake on an arb should be roughly around the same as your other bets with the bookmaker. Because bookmaker can detect whether or not you are arbing, if have normal bets at £20 stake, and you suddenly use a £100 stake on an arb, you’ll find your account quickly stake-restricted. And remember, once your account is stake-restricted, it is very unlikely that you’ll recover this account.
It is recommended that you arb using the same stakes as your other bets. If all your bets with this bookmaker has been from £20 - £50 stakes, then you can look to stake around £30 - £40.
Which Bookmakers Should You Use
To be safe, we should only arb with bookmakers that do not have regular offers. There are some bookmakers that only offer a sign up offer, and after signing up, there are not much reload offers from them. Examples of these bookmakers include Dafabet, ComeOn and others. If we use accounts with these bookmakers and they get gubbed, we don’t have to worry since these bookmakers do not offer us much value in offers anyways.
Besides that, we can also arb on accounts that are already gubbed. When our account with a bookmaker is gubbed, we are still allowed to place bets with them, but we will no longer qualify for offers. Since we are already gubbed, and are unlikely to recover these accounts, we can use them to arb to squeeze our last value from them.
Be very careful if you want to use a healthy account from a good value bookmaker to arb. Only arb on popular bets to lower suspicion. The offers that a good value bookmaker give us are often more valuable than what arbs can give us.
Arbing vs Matched Betting
When we arb, we are taking advantage of the bookmaker’s odds being higher than the odds offered by the exchange. Matched betting, however, relies on offers given to us by bookmakers.
We should prioritize matched betting over arbing if possible. This is because matched betting offer us much more value in the long run. We look more like regular punters if we take offers and place mug bets, as compared to if we take arbs all the time. If we were to take arbs all the time, bookmakers can detect that and they will gub us very quickly. If we arb rarely and take offers and mug bets, it may be harder for a bookmaker to know if you’re a matched bettor or not, as punters take offers all the time, too.
Once our account is gubbed by a bookmaker, that’s when we use that account to arb, since we can no longer get any value from matched betting using that account anyways. But if our account is not gubbed, it might be better to use that account for matched betting instead of arbing.
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