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Score Passive Profits: Income Streams Through Sports Betting Arbitrage
Originally published at https://www.incomecraze.com on October 13, 2023.
Sports betting arbitrage, also known as “arb betting”, is a method of generating guaranteed profits by exploiting price differences between bookmakers. The key is to bet on all outcomes of an event so that you earn a profit regardless of the result. With the rise of online sportsbooks, arbitrage opportunities have become more common, allowing savvy bettors to earn regular passive income.
In this post, I’ll explain how you can use the website BitSports.ai to find and execute arb bets easily using Artificial Intelligence. BitSports is an arbitrage betting platform that scans odds from 50+ bookies and identifies profitable arb opportunities. By following the simple steps below, you can leverage BitSports to generate passive income in your free time.
How does Arb Betting Work?
- Sportsbooks often offer slightly different odds for the same event. These discrepancies create arbitrage opportunities.
- Arbers will bet on all possible outcomes at the different sportsbooks to capitalize on the odds differences.
- The key is staking the right amounts so that the potential payouts cover all your stakes and still make a profit.