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In this video, we go through arbitrage betting for beginners. The goal of this sports betting tutorial is to help you make money.
Arbitrage is a risk-free sports betting strategy. It WINS long-term. In fact, you can make money every single day with arbitrage betting. Arbitrage betting is actually a great side hustle - it takes the "risk" out of sports betting.
Hundreds of sportsbooks, like FanDuel & DraftKings, have launched in the U.S. All sportsbooks want to be unique, so they all set their own odds. Arbitrage is a simple sports betting strategy - when two sportsbooks have vastly different odds, you can "hedge" to guarantee a profit.
For example, maybe you bet Patrick Mahomes over 1.5 Passing Touchdowns on FanDuel sportsbook & the under on DraftKings. Because these two sportsbooks have SUCH different odds, you'll ensure a risk-free profit. Arbitrage betting is an amazing strategy because it's low risk & is proven to work. Professional and sharp sports bettors use arbitrage ALL THE TIME to make money.
Arbitrage can occur between any online bookmakers. That's why having multiple sportsbooks is so critical. Most states have 10+ sportsbooks. Fliff & Rebet are two new "sweepstakes" sportsbooks that are available in nearly all states. NoVig is a peer to peer sports betting exchange as well.
#sportsbetting #sportsbettingtips #fanduelsportsbook