Arbitrage Betting Calculator
Arbitrage betting is a way of betting that guarantees a profit. This usually involves placing bets across different bookmakers. To help with this type of wagering, you can use our AussieBet arbitrage betting calculator.
Best Bookies for Arbitrage Betting in Australia
Best Live Streaming
Many Sports Covered
- Great Live streaming
- Superb app
- Range of payment methods
Aussie Sport Focus
Great for Multi Bets
- Competitive odds
- Aussie-owned bookie
- No live view
Sports and Fantasy Betting
Range of Markets
- Range of sports markets
- Fantasy sports betting available
- Basic betting app
Sports and eSports
eSports Live Streaming
- Sports and eSports covered
- Horse and greyhound racing
- Less futures odds
Social Betting Site
Copy and Follow Other Punters
- Social bookie
- Copy bets
- Fewer deposit methods
Great Betting App
Watch Live Streams
- Impressive mobile app
- Live streaming available
- Fewer withdrawal options
Great Racing Bookie
Live Betting Available
- Best racing pricing in markets
- Lightening fast betting app
- No live streams
Excellent Racing Bookmaker
Lots of Racing Odds
- Horse racing focus
- Latest odds highlighted
- No live streaming
New Aussie Bookie
Lots of Racing Markets
- Easy-to-use site
- Excellent betting app
- No live streams
Good New Bookmaker
Top Racing Focus
- Good for racing odds
- Odds boosts
- Live streams not offered
Strong New Aussie Bookie
Excellent Racing Focus
- Quick and easy to bet
- Good betting app
- No live streaming
Live Betting Online
Betting Exchange
- Live betting via the exchange
- Bet against other punters
- No general sportsbook
Horse Racing Live Streams
Big Races Covered
- Good horse racing coverage
- Horse racing live streaming
- Less deposit methods
Best Fantasy Betting Site
Large Prize Pools
- Excellent choice of fantasy leagues
- Big prize pools
- No general betting markets
How to Use the Arbitrage Betting Calculator
This AussieBet arbitrage betting calculator makes it easy to understand exactly what to stake on each outcome to ensure a profit and to understand the value of the wager.
You simply need to fill in the odds available for each outcome of a 1X2 market and the stake you are looking to make. The calculator will then tell you, in detail, how to divide up your stake to make sure you make a profit regardless of the outcome.
The key is being able to get the best odds for each outcome, which is why it can pay to join a few different bookmakers. This is why we have included a list of the best options above.
What is Arbitrage Betting?
Arbitrage betting, also known as a surebet, is when you back on multiple outcomes on the same event to make sure you make a profit.
It is similar to hedging but differs in the fact it requires a bettor to place the bets on each outcome at the same time.
It involves finding the best odds for each outcome and backing them. Checking many different bookies is the best way of spotting disparity in prices. If you are able to find the correct odds you need, you can then calculate how to split your stake.
The main issue with arbitrage betting is that you will only ever make a small profit each time but need a significant amount of cash to be able to do it properly to make enough profit to make it worthwhile.
How to Find Arbitrage Betting Opportunities?
Key to successful arbitrage betting is being able to take advantage of different priced markets with different bookmakers and their betting apps. That means you have to spend the time to find the best sports and best markets where this is possible.
An important factor in this will be to bet on markets as early as possible to when they have been formed, before the odds have had chance to shift based on the money that has been taken. The sooner you find the odds the more chance you have of spotting a pricing discrepancy for a certain outcome.
Another key factor is finding odds you believe are wrong, not just those that are the biggest price. If you believe odds have been priced incorrectly then there is a chance they will change if you are proved correct.
This could involve something as simple as paying attention to injury news and the impact this has on a team’s chances of winning. Or it could be as complex as pricing up your own market to see which bookmakers agree or disagree with your detailed odds.
Why Bookmakers Don’t Like Arbitrage Betting But Punters Love It
It is important to know that arbitrage betting, while loved by punters, is frowned upon by betting sites. It isn’t illegal to use arbitrage betting to make a profit but the top sportsbooks will try to identify it and stop it if they can.
Bettors love it because it guarantees a profit as long as you can put the work in, find the right odds, and have enough money to wager at the right time.
But, as you’d expect, bookies aren’t fans of this type of wagering. They may not be able to take away your profits from arbitrage betting but they can restrict your betting account or even close your account if they suspect you are wagering in this manner.
How to Stay Out of Trouble When Arbitrage Betting
It is important you are safe when placing arbitrage bets online. You must be able to place the wagers on each outcome at the same time to avoid being caught out as the prices shift before you have been able to put your stake down at the correct odds.
Another scenario could see one bookmaker cancel one of your bets, maybe because they suspect arbitrage or unusual betting activity. This will leave you exposed if your other wagers are still live and unable to be cashed out.
You also need to have a high amount of money to be able to stake in a way that will make arbitrage betting possible. This also brings it’s own risks and you should only gamble what you are prepared to lose, even if you are arbitrage betting. Betting responsibly is also important.
Knowing that bookies will restrict your account is also important because if you like betting with a certain bookmaker then maybe you wouldn’t want to have a certain account impacted. Betting with other bookies could be an option so your main account for general betting doesn’t come under the spotlight.
Arbitrage Betting FAQs
What is arbitrage betting?
Arbitrage betting is when you back multiple outcomes for the same event to make sure you make a profit. You can back the win, draw and loss at different odds so that you make money regardless of the outcome.
Is arbitrage betting legal in Australia?
Yes, it is legal to play arbitrage bets in Australia. That doesn’t mean that bookies don’t frown on this type of wagering, however. While they may not take away your winnings, you can expect them to restrict your account if they suspect you are betting in this manner.
Can you calculate arbitrage bets?
Yes, it is important to work out what you need to stake on the differing outcomes so you guarantee a profit. This is why we have created an arbitrage betting calculator to do this for you.
What are the best bookies for arbitrage betting?
Here at AussieBet, we rate and review the best bookies to point you in the right direction. These bookies are known for having great odds, and odds boosts. They are licensed and regulated and can be used for all types of betting.
