Guides

How arbitrage betting works, how to size the stakes, and what it looks like in practice.

• What is arbitrage betting? A plain explanation

  Bookmakers disagree about the same match. When they disagree by more than their combined margin, backing every outcome returns more than you staked — whatever the result.

• How to calculate a sure bet and size the stakes

  Two formulas: one tells you whether an arbitrage exists, the other tells you how much to put on each outcome. Both are arithmetic you can check by hand.

• Arbitrage betting in Nigeria: what actually works

  Nigeria has an unusually competitive sportsbook market, which is good for arbitrage. The constraints are account access, limits, and getting money between books quickly.