A three-outcome arbitrage calculator is now available. The calculator determines arbitrage strategies for three-outcome sports given two disparate sets of odds. Three-outcome sports represent matches where a win, draw or loss is possible. The “unbiased” strategy aims to provide equal…

In my first arbitrage post I laid the groundwork for arbitrage betting with two possible outcomes: win and lose. This is case for sports where draws aren’t possible. Some examples are tennis, baseball, and basketball (with extra time included). For…

Arbitrage betting involves placing bets on each possible outcome of an event to make a guaranteed profit, regardless of the event outcome. Most people associate sports betting arbitrage with opportunities where different agencies offer sufficiently different odds to make a…