Arbitrage betting is also called middling or finding in the middle of an ongoing sports event. The situations for arbitrage betting commonly occur during halftime and interval periods of the game. There is only limited time for the bookkeeper to evaluate the line and accept bets. Arbitrage betting can take place before the beginning of sporting event also.
This method of sports betting came into existence since the existence of sports betting.
This situation arises due to the arbitrage existing in betting industry due to the difference in opinions on outcome or errors by the bookmakers. The bettor can utilize this situation by place bet in different bookmakers and make benefits. The recent development in the area of communication and development of internet have enabled better line making techniques and hence now only very less opportunity is available to make this kind of betting. Arbitrage often referred to as arb will be typically around 2%. A nominal arb will be around 4 to 5 percent and will rise to 20% in certain situations.
Arbitrage betting is often done online using internet through the websites that provides sports betting.
The better can conduct research on the prices at various web sites. The online sports betting sites can provide the comparison of prices in various sites and project opportunities to do arbitrage betting by showing the online prices of different bookmakers. The also provide other useful information that can help a sharp or squire to make decisions easily.
Arbitrage software packages are available in the internet to assist a bettor to do this. Even though they advertise that it is risk free there are many areas of risk associated with arbitrage sports betting. In some cases price may change in the middle. The bookmaker may refuse pay the bettor and bookmaker may not be able to remain solvent.