For obvious reasons, if your sports betting bankroll is, say, $5,000, you should not stake it all on one bet, regardless of how great you think the bet is. Designed to help you find an edge sports betting. 2. You enter the odds on two or more bets into the calculator, as well as your stake, which is the total amount of money you wish to wager. Enter the odds. Enter how many monthly payments (300 for 25 years, 360 for 30 years etc. 31. It’s when bettors simultaneously “back” and “lay” their wagers through two or more sportsbooks. 741, EUR to CAD is 1. 4545 (Player 2) = 0. g. Arbitrage Excel Arbitrage Calculator. You can also use an independent forex arbitrage calculator to determine if an arbitrage opportunity exists. We have scoured the country to find the leading experts on NFL, NBA, MLB, college football. You also get your bet sizes as outputs to make optimized surebet for maximum gain based on odds of the event. Use the dropdown menu to get the right result whether you’re placing a qualifying bet, a free bet where the stake is not returned (SNR), or a free bet where the stake is returned. . 52. This can be calculated using the formula below: PV (x) = strike price / ( (1 + risk-free rate) (years to expiry)) So, if the strike price is $12, the years to expiry is 2 years and the risk-free rate is 3%, the PV (x) will equal to 12 / (1. Arbitrage Tool • $69 value. Cost: Starting at $15 per month. Select how many legs there are for your chosen arb. About 0. Sportsbook. You only need to input the odd values on the specific sections and click calculate. Using the Smarkets arbitrage calculator is simple. 10,000 - 20,000. you hedge the bet at Pinnacle on under 43. The new tool developed by BetBurger is introducing a new level and style of Arbitrage and Value betting. In the fields Odds 1, 2 and 3 enter the odds value in decimal format. The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and. We take into consideration the currency pair BTC/ZAR through Luno. The Crypto University Arbitrage calculator uses two exchanges in order to provide arbitrage opportunities: Binance and Luno. 1. This is a surebet calculator. Once all the potential winners have been identified you simply need to enter the odds of each selection and the total amount that will be staked. An arbitrage calculator is a tool that helps you determine how much to bet on each outcome to ensure a profit. All Promo Optimizer features • $39 value plus. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. +200, +450) represent total profit should the bet win, assuming the bet size is $100. With BNB Calc, you can eliminate the guesswork around profitability. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. A bookmaker’s margin is essentially what they charge you for placing a bet. I was wondering if someone could help me. Basically, rental arbitrage is a way to operate an STR business without actually owning property and for people to start earning passive income through real estate. Positive figures (e. Ideally, they should include options for rounding your stakes to avoid suspicion with the bookmakers as well as biasing your stakes to favour a particular. This can be done for any sport and for any event, such as a football match or a. High limits. Designed to help you find an edge sports betting. 5 $1,000 First Bet on Caesars Claim bonus If the player's Qualifying Wager is graded as a Loss by Caesars, the Participant will earn a one-time Bonus Bet token equal to the lessor of (1) the full value of the. Based on Airbtics’ data, you can earn a monthly revenue of £2,128 for a 3-bedroom apartment in Leeds City Centre. Automatically calculate stakes for all bets. Our accumulator calculator quickly calculates the total odds for your accumulator. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. When an arbitrage opportunity exists, this online betting arbitrage calculator evaluates numerous arbitrage techniques. The formula is: arbitrage percentage= (1/EU odds)*100. Arbitrage, in the world of finance, refers to the practice of buying an asset in one market where the price is lower and simultaneously selling it in another market. a * b * c > 1. fair. 5 and $117. March Madness Betting Promos. 52. 5 wins, you profit $120 on Caesars and lose $117. The arbitrage calculator is fairly basic when compared to European software, but it gets the job done. Sure betting, also known as arbitrage, is a strategy that yields certain profits when you place bets on all possible outcomes of an event. It is a trade that profits by exploiting the price differences of identical or similar. Cryptohopper offers 24/7 support. Use this unique calculator developed by The Arb Academy to help you determine whether an arbitrage betting opportunity exists. In this case, you would need to place a $220 bet on the Under 50. Shows amount of necessary stakes for minimum risk. This allows the sportsbook to take an expected profit on each event, which is known as vigorish, or vig. Arbitrage betting, or "arbing," is a strategy to profit from differences in odds among bookmakers. If you are going to use only Kenyan bookies, I think Breaking Bet will be more than perfect for your needs. Three month Interest rate for USD annualized 18%. When an arbitrage opportunity exists, this online betting arbitrage calculator evaluates numerous arbitrage techniques. This calculator can handle as many events as you want. Sellozo. 1 option. You can use an online arbitrage bet calculator for this. Another type of arbitrage forex software utilised in arbitrage trading is automated trading software. The Arbitrage calculator has the capability of processing these details to provide you with calculations in a matter of seconds and alleviates the tedious work of making these calculations manually. It has a clean and friendly interface with a lightning fast refreshing arb/odds refresh rate. An arbitrage situation means an opportunity to simultaneously wager on opposite outcomes of an event in order to get a guaranteed profit in the event of any of its outcomes. Finally, we also calculate the spread percentage to have a clearer idea of the difference in price between the platforms. io is $11,645. Calculate odds to find an arbitrage opportunity. See what return you can expect. Arbitrage Calculator will help you out to calculate a 2 way or 3 way bet with any type of odds (either Decimal, fractional or Moneyline). Use The Calculator. Triangular arbitrage refers to the discrepancies in the cross-exchange rate of currencies. The Arbitrage Calculator allows you to enter the odds of 2 or 3 different bets to determine how much you should stake on each bet to guarantee a profit. This can be the cheapest tool if you use 2-8 bookies and need a premium. 2nd Step. 55. Positive EV • $169 value. $ 199 /month. Only $4 of your money was ever at risk, meaning that you are essentially getting a horse that was at odds of 2. The platform allows you to overview, track and filter arbitrages opportunities in the cryptocurrency market. This is done when bookmakers disagree on. Arbitrage bets placed/day: the number of bets. This is calculated on the odds of your original bet, your stake, and what the odds on the opposite side currently are. For example, a head to head soccer bet has three selections: home win, draw and away win. over/under), but also for 3-way bets, when you have three possible outcomes (e. Low margins. An Excel calculator is provided below so that you can try out the examples in this article. The world’s most popular sure betting service. If you’re looking to exploit an opportunity using simultaneously available odds, check out our arbitrage calculator . The OddsJam +EV tool shows you profitable bets where you have a mathematical edge over a particular sportsbook. Municipal Bond Arbitrage: A strategy that consists of building a portfolio of tax-exempt municipal bonds and simultaneously hedging the duration risk of the portfolio through the short sale of. On the Moneyline, you contrast. Follow the below steps to receive your instant Airbnb revenue projection for an existing property you own or new properties you may be interested in acquiring: Enter an address and input bedroom count in the search bar on rabbu. It’s an excellent tool to start with because of its simplicity, beginner-friendliness in pricing and interface as. martinkem. It allows you to do the following: Select from 2 to 5 legs for a particular arb. Made for the masses. If, for example, the result of multiplying legs of a parlay bet is 6. Before you can proceed, you need to understand how to place arbitrage bets. 2) Select the odds type. BTC reaches $9,240 on Exchange A, but only rises to $9,070 on Exchange B, which is where arbitrage comes in. Arbitrage is when the same asset is sold in two different markets at a slightly different price, which poses an opportunity for traders to make a risk-free profit. , between $/£ and €/$. 68. Yield on a bond issue is calculated in accordance with Regulations § 1. Arbitrage (see also Hedging) Backing all selections within a market, across several bookmakers, to exploit the price discrepancies and guarantee a positive return. In cells A1 to C1, enter the following headers: Outcome, Odds, and Implied Probability. 50 on each of WH and DK and 228 at FD gives you a total of 328 wagered and a guaranteed payout of 350. The spread above 100% is the bookmakers margin or return rate, the amount the bookie earns on offering bets for an event. Placing a $10 bet on the Knicks at +350 and another bet of $24. Firstly, the triangular arbitrage calculation requires determining the difference between the stated value (€/£) and the cross-exchange value of two currencies, i. In a fair market (one where neither the bookmaker or the bettor has a margin) the probability of all. 46. SuperBook Ohio Promo Code. Enter the best available decimal odds for each leg. The difference between prices is $84, and this is quite a decent opportunity for arbitraging. g. 5 on odds of 2. 68, which is equal to 9,639. This semi-automated arbitrage betting software is capable of placing sure bets only with minimal human input. 55 on the Rockets at -120 would result in a guaranteed profit of $10. Highly competitive sports bookmaker margins. Allows the user to see if particular combination results in profit or loss. Info Bookmakers has put together a list of the best 2021 bookmakers to make it easy for worldwide players to sign up and start to betting online. Cash and carry arbitrage occurs when market is in " Contango ", which means the future prices of an underlying asset are higher than the current spot price. 3. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Plus (+) odds can be typed in without adding the plus symbol (e. 51. This opens the opportunity to find arbitrage situations, where you are guaranteed to profit. If you enjoy mathematical equations, you can calculate this yourself. Snapshot 3: changing the fee shifting rules has a large effect on the settlement bounds and the settlement midpoint. OddsShopper’s Arbitrage Bet Calculator Tool makes it even easier! Arbitrage betting, often referred to as "arbing" or "sure betting," is a betting technique that takes advantage of pricing discrepancies in the. To win a parlay, all legs must win. If even just one of ten legs in a parlay loses, then the parlay will lose. Betfred Ohio Promo Code. This can be calculated using the formula below: PV (x) = strike price / ( (1 + risk-free rate) (years to expiry)) So, if the strike price is $12, the years to expiry is 2 years and the risk-free rate is 3%, the PV (x) will equal to 12 / (1. No Obligation - Cancel Anytime. Cash And Carry: Cash and Carry arbitrage is a combination of long position in underlying assets and short position in underlying futures. 3) Hit the “Calculate” button. Decimal odds will be converted to the nearest standard American or Fractional. I was wondering if someone could help me. 97 x $100 minus your initial $100 stake). 77%, and a 4. Arbitrage Betting Calculator: Calculate how much you should bet on each side of an arbitrage opportunity to maximize your guaranteed profit. The calculation for hedging your arb parlay is as follows: the odds of the second match in the parlay is 1. Either one player wins, or the other player wins. It’s becoming more difficult to own property as home prices have far outpaced median incomes since 1960. We hope you find the calculator you are looking for. Hybrid Mortgage Arbitrage allows any consumer or business owner with debt, to bank like a bank and turn their liabilities into income and wealth. DraftKings Massachusetts Promo Code. And whatever you do, make sure that you double check the numbers before striking your bets! 3. Parlay Builder • $29 value. Arbitrage betting calculator distributes your capital into individual bets and calculates your profit from surebet while you simply enter odds. BetRivers Massachusetts Promo Code. Part VII provides additional information on available resources, services and programs to. As you can see in the odds converter, 2. 1. Input the amount in dispute in US dollars, or in BRL (Brazilian Reais for cases to be administered by the São Paulo office), using numerals. What is Matched Betting? In a nutshell, matched betting involves taking advantage of bookmaker bonuses and promotions to make money. All you need to do is enter the odds and stake of your original bet and the odds for the alternative outcome (s). Here are three common examples of arbitrage. Bitcoin arbitrage has the potential to be an enormously profitable way to invest in Bitcoin. 9%. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). Parlay Builder • $29 value. Arbitrage is the technique of exploiting inefficiencies in asset pricing. See how much any property in the world could make as a short-term vacation rental. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. An arbitrage betting calculator is a great way to figure out how much to wager on arbitrage bets. Arbitrage Tool • $69 value. 001% of the odds on sportsbooks are arbitrage bets. Learn what arbitrage betting is, how it works, and how to find arbitrage opportunities with examples and strategies. How to Use Our Betting Odds Calculator. Example: if the values of cells A1 and A2 both equal -102 ExchUS2Holds (A1. As expected, there is a decent built-in arbitrage calculator that allows you to bias your stakes to favour a particular outcome, or round your stakes to avoid bookmaker suspicion. March Madness Betting Promos. A majority of traders use computers to execute arbitrage transactions due to the short duration of. It's essential to estimate the implied probability – to do this, simply divide 1 by the odds value and multiply the result by 100. Your success instead lies on the accuracy of your maths and if that’s correct, the result of the game shouldn’t matter. Used by over 235,000 customers world wide. As mentioned above, with an individual bookmaker, the total percentage of all outcomes in a sporting bet will add up to greater than 100% due to the overround. Enter the odds of the bets you’ve found for the same event from different sportsbooks. Ultimately, the Kelly Criterion calculator, if you are accurate with your assessed probability should increase your value and profit over a long-term period. e. Enter the odds & stake and our betting arbitrage calculator will do the rest. Arbitrage is when the same asset is sold in two different markets at a slightly different price, which poses an opportunity for traders to make a risk-free profit. Positive EV • $169 value. Decimal odds will be converted to the nearest standard American or Fractional. After that, compare it with the total percentage arbitrage. 46. 10 on the other team to win or draw, the two teams will have different. An arbitrage betting calculator is a great way to figure out how much to wager on arbitrage bets. You want to go hard and fast before you get restricted. Your parlay payout will continue to increase with more wagers added in. com, and you'll be entered for a chance to win a free 3-month RotoWire subscription. It’s not a true arbitrage opportunity. In other words, betting $100 at +200 odds means that you profit $200 if your bet wins. How does the bonus bet calculator work? Our bonus bet calculator allows you to enter your bonus bet amount, the odds of the bet you are getting on with the bonus bet as well as the odds and stake of a normal bet. 67. 63. 65 on Eagles -2. βn= The asset’s price sensitivity to macroeconomic factor n. 65 on Eagles -2. — Decentralized Crypto Arbitrage is both safer and cheaper than using this strategy on centralized. By analyzing the differences in funding rates between different exchanges, we help traders identify arbitrage opportunities and provide data support for achieving higher profits. To identify triangular arbitrage, learning how to calculate the market-implied bid and offer rates is of utmost importance. Arbitrage bet outcome 2 – bet365. Our dutching calculator allows you to enter a total stake amount (that is the total amount you would like to invest into this particular bet overall) and enter the odds for each bet you would like to get on. Pinnacle’s Betting Resources is one of the most comprehensive collections of expert betting advice anywhere online. DraftKings. Automatically calculate stakes for all bets. Once again, soccer fans are given the chance to gamble on a specific event, but the most obvious difference is that they are allowed to buy or to back the outcome, or just the opposite, to sell, or to lay it in an attempt to enhance. Arbitrage. In-play arbitrage betting is more profitable and less suspicious compared to pre-match. This allows us to prevent you from unprofitable deals. Arbitrage trading is when an investor buys an. Calculate stakes on 2- and 3-way surebets, using various formulas. 1 comment. Cash flow is usually high, sometimes $1,000 – $3,000 per month!Arbitrage Calculator. If Chiefs +2. If you input these numbers into the hedge calculator, you will get a hedge bet amount of $24. Nevertheless, we include a standard 0. And with startup costs much lower than traditional rental properties, you can start to see why this can be an attractive business model. Using an arbitrage calculator, you would be advised to put $100 on Chiefs +2. . This lesson will cover theStep 2: Perform triangular arbitrage. Sports bettors should always be looking to wager on markets with a low hold. In this case, you would need to place a $220 bet on the Under 50. This simple arbitrage betting opportunity was found then the stakes were calculated with the free sure bet finder of surebet. 7 day FREE trial. In this paper, we make use of the replicating asset for statistical arbitrage trading, where the replicating asset is constructed by a portfolio that mimics the returns from a factor model. 2. This 3 way sports arbitrage betting calculator is one of the most comprehensive, detailed arb calculators available. The profit calculator (Excel spreadsheet) aids your decision making in choosing the right property for Rental Arbitrage. 4 Way Arbitrage Betting Calculator Instructions. Calculations are provided instantly and options to convert between 2-way and 3-way arbitrage bets are available. In arbitrage betting, seconds matter and having this extension at the tip of your fingers can save your bet before it is removed by sports books. Transfer your BTC to Exchange A. Airbnb arbitrage has more upside than downside, so here are some reasons to start: No need to have a down payment, you can make passive income as a renter. Arb calculator. In economics and finance, arbitrage ( / ˈɑːrbɪtrɑːʒ /, UK also /- trɪdʒ /) is the practice of taking advantage of a difference in prices in two or more markets – striking a combination of matching deals to capitalise on the difference, the profit being the difference between the market prices at which the unit is traded. Input your total bet size that you wish to invest in arbitrage betting. 35 on PointsBet, again profiting $2. A betting arbitrage calculator is an online tool that calculates whether a specific sporting event is a good option for an arbitrage bet. nl, Betcity. First, open our website and head over to the sure bet calculator. Positive EV • $169 value. Leveraging all of Jungle Scout’s product research tools will help you identify profitable product opportunities, track & monitor groupings of ASINs, understand historical sales & seasonality, and understand what keywords are driving a listing’s success. These are two of the largest exchanges in the market right now. FanDuel BetMGM PointsBet. At the moment it's possible to make calculations only with 2 or 3 odds, new features will be available soon. For an individual bookmaker, arbitrage percentage is always greater than 100%. Just click on the right button above to quickly switch the mode. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. 50, 13/2 and +650 all mean the same thing and the need for an odds converter! Make your sports betting experience easier with our betting odds converter, letting you convert odds in all formats!At OddsMonkey, you can use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. For each-way bets select the tick box on the right of the page if your selection has. With a help of this calculator, any bettor will be able to calculate not only the correct amounts of bets for surebets with 2 or 3 outcomes in a matter of seconds, but also to define the expected profit. How to use the arb calculator: Enter the odds for the sports arbitrage opportunity. it, StarCasino, Toto. In summary: BetWasp is the most professional, high-end arbitrage and value betting tool focused on US and Canadian. The “ Amount of Loan ” field will automatically recalculate for you. Arbitrage Calculator. It shows the recommended betting amount for each outcome's odds. 55. Sports and racing tournament betting. If you’re using a betting exchange and have the ability to lay selections, check out our betting exchange hedging calculator . Arbitrage Betting Formula - Calculating Stakes for Guaranteed Profits. This can be done by using a horse racing betting calculator or arbitrage software. In the FX Market, triangular arbitrage sets FX cross rates. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. Using the OddsJam Arbitrage Calculator in the screenshot above, this would have given you a profit % of 7. Betting Calculators. 4. com is a favorite) and adapt it for an arbitrage situation. Arbitrage calculator sports betting is a rather unemotional affair. There are many tools available that can help find pricing inefficiencies, which otherwise can be time-consuming. This tool helps you estimate the total payout of hedge bets in 2-way and 3-way betting types. The lowest risk and most common type. This application is an arbitrage calculator, it will let you know how much to bet on for each outcome according to the odds so that you can make a profit. This is the formula in the OddsJam sports betting expected value calculator. Then we have a arbitrage only if. If there is now the suspicion that a certain offer could be an arbitrage bet, a simple calculation can provide certainty: Value to check the arbitrage bet = 1 / odds 1 + 1 / odds 23. 25 + 1/3. Based on my experience and the bookmakers available in the country, BetBurger, Surebet. The cross-exchange rate is a method of valuing two currencies against a third currency. Follow the steps below to use the calculator. Let’s use an example: sportsbook X has team A at -125. Enter the best available decimal odds for each leg. To help traders who want to trade arbitrage, calculators are available for funding real time arbitrage opportunities. Arbitrage Pricing Theory - APT: Arbitrage pricing theory is an asset pricing model based on the idea that an asset's returns can be predicted using the relationship between that asset and many. Where: E (Ri) is the expected return on the capital asset, Rf is the risk-free rate, E (Rm) is the expected return of the market, βi is the beta of the security i. win, draw, loss). BINANCE TRIANGULAR ARBITRAGE IN REAL TIME - This is calculatorLIVE: arbitrage is. Amazon FBA Calculator: Seller Fees, Revenue & Profit. Whether you're exploring 2-way or 3-way betting arbitrage, this user. Arbitrage betting is considered risk-free because you are taking both sides of a bet, and it is generally used in conjunction with the Moneyline. — Crypto arbitrage trading is reasonably low-risk and can offer consistent returns. STEP 2: Enter Luno “Sell Price” This can be seen at the Luno exchange section (the number in red) STEP 3: Enter the amount you wish to trade with. In order to cover the spread, the favorite has to win by more than the given value, for example a -2. , May 3, 2022 /PRNewswire-PRWeb/ -- How do banks, credit unions, and other organizations in the finance industry use tax-advantaged products to offset costs?If you bet –x, then you need to bet (100x)/ (100+x) to get back $100. For instance, if there is an overvaluation of. Report. Sell your BTC on Exchange A for $9,240, securing a profit of $140 per BTC. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. Let’s say you have a one-bedroom property in Nashville, TN. Follow these steps to create your own calculator: Open a new Excel workbook. This is a surebet calculator. Feb 08, 2023. Video transcript. $ 199 /month. 3% before) and Utah should win the game 37. Find odds format definitions in our Betting Glossary. Arbitrage betting, otherwise known as arbing, arbs or sure bets is a strategy used in. This means having every insight you need, all in one place, always up-to-date. 9 =. The bet tracker is where OddsJam really does well. Cross rates are exchange rates that do not involve the USD. A good way to eliminate that complacency is to get trusted friends involved in your arbitrage betting activities. 5 at +300 odds you could use this calculator to calculate the size of the hedge bet to make at a different sportsbook to lock in a guaranteed profit. Arbitrage bet leg 1 – pinnacle. Just enter the initial data (outcomes, formula, odds, commission), and the surebet calculator instantly shows the sum to. g. The idea is to bet on both sides of games or markets when there are pricing inconsistencies between different sportsbooks. 97, for a stake of $100, you stand to win $597 ( 6. This calculator is similar to the 2 way and 4 way outcome calculators, only with this calculator you can count an arbitrage opportunity with 5 mutually exclusive outcomes. Before you can proceed, you need to understand how to place arbitrage bets. It allows you to do the following: Select from 2 to 5 legs for a particular arb. This type of arbitrage software is extremely. 50 is not advised as it is the kind of bet only someone practising sports arbitrage would do. Good betting selection and competitive odds. Third, enter the odds for each possible outcome, as well as your stake. This extension provides quick arbitrage calculations intended for sports betting. STEP 1: Enter the “Buy At” price on Remitano. $ 306 /month value. You can view the bet result for a specific scoreline, or you can analyse every possible scenario for a particular wager. Nothing is better than a market with 0 hold, which is referred to as a “pick ‘em” market. OddsJam scans a variety of sports in order to provide you with hundreds of arbitrage opportunities. Work out the Payout for you chosen Stake and Odds. This is called a Weighted Middle. All you need to do is enter your stake, odds, and line for either the home or away team, or for over/under bets on total goals scored. If you place that $100 free bet on the Over 50. g. Anyway, in this example, we are wagering $963. The key is its risk-free nature. It works by calculating the odds of different outcomes in different markets so that punters can identify the ones that offer the highest potential profits. You could do the following: Buy BTC on Exchange B for $9,070. The capacity of the trader to profit from the price difference of the same item in multiple marketplaces is a prerequisite for engaging in arbitrage trading. Arbing is short for arbitrage betting. 5 at -275. 25% one-sided transaction fee into profit calculation (a single order fee). ARB CALC is a free online Arbitrage Calculator. In this instance, you would bet $283. Airbnb rental arbitrage is the practice of renting properties and subletting them on the Airbnb platform. It is missing a number of features that more advanced calculators have, such as 3 way arbitrage bets, different odds formats, multiple currencies, biasing of stakes to favour an outcome as well as rounding of odds to avoid suspicion. Crypto arbitrage is a low-risk and profitable trade that takes advantage of price differences for the same cryptocurrency on different exchanges or trading platforms. The following is a collection of free online calculators for sports betting enthusiasts. Positive expected value (+EV) betting means that you"ll be placing bets that have a larger chance of winning than is implied by the sportsbook odds. Part VI presents a basic example of rebate amount and yield reduction payment calculations. For it to take place, there must be a situation of at least two equivalent assets with differing prices. This is a tidy net profit of $36. The spread, also known as the line, is a figure set by the sportsbook to counter the perceived gap in abilities of opponents, which in turn provides more balanced odds. This tool will help you understand whether there are arbitrage opportunities in the market. if you're quick enough. BetBurger – Premium in-play sure bet finder. Just enter the odds of each player along with the. I've researched online to find a number of arb calculators (see scalpulator. 125).