Online betting is making arbitrage betting easier to navigate. The meteoric rise of online sportsbooks across the web has also cultivated the conditions for increasing wager placement at hundreds of online bookmakers. In some countries, such as the UK, the practice is so refined that experienced arbers hire others to place bets to escape detection.
With multiple bettors wagering for one main arber, retail bookmakers are less likely to discover the practice is afoot. Using computer software to keep track of the market and betting opportunities, arbers are making significant money wagering on virtually risk-free betting opportunities.
The sheer number of online betting sites is increasing the number of arbitrage opportunities. With thousands of monthly sporting events across the globe, it is open season for placing a wager on both the back and lay side of a sports outcome. By wagering at different bookmakers online, the arber is virtually undetectable.
There is very little difference between the matched wager and the arbitrage wager. The matched wager involves using bonus money offered by a betting establishment to make one wager and placing a bet on the opposite outcome with personal funds. The money for both sides of the bet comes out of the gambler's personal funds.
By registering with multiple online betting sites, which offer a match welcome bonus, a bettor may easily and quickly convert free bets into winnings with a matched bet.
In both cases, a bettor makes incremental profits, which accrue over time. By betting on both one outcome and the opposite result, a bettor ensures a win and replicates his efforts to earn income.