Arbitrage Betting Guide — Step-by-Step Guide & Transcript

[00:01] arbitrage betting? Step one is knowing where you can actually place your bets. before you do anything, you need to know what sports books are legal where you live. Just Google legal sports books in your state or check out the full list

[00:15] have access to, the more arbitrage opportunities you'll find, and that's the name of the game. Bottom line, more books equals more chances to profit.

[00:27] need to get started with arbitrage betting? Here's the deal. You can start with as little as $1,000, but we recommend aiming for $3,000 to 5,000 to do you need this bankroll? With arbitrage betting, you're looking to

[00:42] capture a 3% daily return off of the capital that you put into the market. Let's break it down. Starting with $1,000, you're looking to make $30 a day $1,000, you're looking to make $30 a day or $900 a month. With $3,000, you're

[00:55] making $90 a day, which adds up to $2,700 in a month. And if you're starting with a $10,000 bankroll, expect to pull in $300 a day or $9,000 a month. comfortable with, then grow your bankroll over

[01:10] time. Want to grow your bankroll fast without risking much? Easy. Take full advantage of sportsbook signup bonuses. This is one of the biggest hacks that new betterers miss. Most sports books offer promos that will double or even

[01:24] triple your deposit, and Odds Jam shows you how to convert those into real risk-free cash. Here's what that looks like. There's over $5,000 in signup the OddJam promo converter tool, that's how we can convert this promo into

[01:38] risk-free cash. Looking at Rebeck getting 100% deposit match of up to $100 in Rebecc. We click on the tool. We can see that we're receiving a site credit for $100. And right here, we see a play between Florida and Houston. One team's

[01:51] going to win the game, the other's going to lose. So, we place a $100 of our own actual cash over on Novig for Florida to win the game. And then we take the $100 site credit from Rebet and bet it on Houston. If Houston wins the game, we're

[02:04] going to receive a total payout of $199, we're going to receive our $100 back from NOVIG, plus converting the $100 site credit into $991. If Florida wins the bet, then we're going to receive our $100 back

[02:19] from Novig plus $96.15. Or look at it as we converted 96.15% of this $100 site credit from Rebet. So even if you just start out

[02:31] with $1,000 by working through these promos, you can end up with a $5,000 bankroll within a few weeks. Take the free money and turn it into real money. How does arbitrage betting even work? And how can you guarantee a

[02:45] profit? Here's the deal. You bet on every possible outcome of a game across different sports books. Because the odds aren't always the same, you can lock in a profit no matter what happens. Let's break it down with an example. Over here

[02:57] objective of this tool is to search and scan the hundreds of thousands of books that I have accounts with, and then shows us the handful of plays where other, where we can swoop in to make risk-free profit. Looking at this first

[03:12] the Pacers, this is an opportunity between FanDuel and Bet 365. Anytime the plus odds are larger than the minus odds, we can make guaranteed profit or odds, we can make guaranteed profit or in this case a 4.35% return off of our

[03:26] in this case a 4.35% return off of our $122 investment. Have more than $122 Simply just type it in the calculator up here at the top and the calculator is going to make depending on if the wager wins over at Fandal or over at Bet 365.

[03:42] arbitrage tool is the dual button feature. Using the dualclick bet feature pulls up both books automatically with the plays loaded up. So, all we have to do is simply type in the amount that we want to wager and lock in profit in a

[03:55] matter of seconds. Why does this happen? Because sports books set their odds independently. that creates discrepancies and those are your opportunities. It's not gambling, it's math. Do you really need software to do

[04:09] arbitrage betting? Absolutely. And here's why. Odds Jam does the hard part for you. It scans 100 plus sports books in real time to find thousands of profitable arbitrage bets, stuff you'd never be able to find on your own. It

[04:23] also calculates exact bet sizes for guaranteed profit. updates instantly so you beat line movement and saves you from manually checking hundreds of odds, which let's be real, no one has time for. Without a software like Odds Jam,

[04:37] arbitrage betting just isn't practical. With it, you're running a system that works while you sip coffee. So, we went through why arbitrage works and why you need Odds Jam software to execute this strategy.

[04:51] So, your next question might be, "Well, Billy, the platinum plan costs $500 a month. I can't afford that. Look, I understand $500 a month for anything is expensive, but let me explain why it's not as much as you think. Odds Jam

[05:05] Platinum costs $1667 a day. Now, look at the returns. With a $1,000 bankroll, you're earning $900 a month. That's still $400 in profit after covering the software. With a $3,000 bankroll, you're clearing

[05:19] a $3,000 bankroll, you're clearing $2,700 a month or 2,200 in profit. And with a $10,000 bankroll, you're pulling in $9,000 a month, that's $8,500 in pure profit. Betting just 10 arbs a day, with $9 profit each, that equals $90 a day or

[05:36] $2,700 a month. Even with small bets, it adds up fast. And it doesn't take all day. One hour of work for $90 profit is more than worth it. The point, OddsJam

[05:48] pays for itself, and everything after that is profit. If you're treating this like a business and not a hobby, the investment is a no-brainer. All right, you've got Odds Jam. Now what? Before diving into your

[06:01] first real bet, you need to get comfortable using the software. Think of this as your warm-up lap before the race. Here's your to-do list. First, watch the OddsGM complete betting tutorial. It'll walk you through

[06:13] arbitrage calculator so you can get used to how bet sizing works. Start paying attention to how odds move. This is key for timing your bets before the lines shift. And finally, make sure that you can navigate the sports books quickly.

[06:27] when it's go time. It's also important to find a setup that works for you. One phone, simple and effective. Multiple phones, faster navigation. Laptop, easy multitasking. Multiple monitors, maximum efficiency. There's no right or wrong.

[06:43] Just whatever makes you the fastest. The more familiar you are with the tools and the setup, the faster you'll be when real money is on the line. How should you split your bankroll across sports books? Great question,

[06:55] because arbitrage betting only works if you have money ready to go on multiple sports books. Here's what we recommend. Aim for at least $500 per sports book. So, with a $3,000 bankroll, spread that across five to six books. That way, when

[07:10] an arbitrage opportunity pops up, you'll be ready to hit both sides instantly. No transfers, no missed profits. And here's a bonus tip. Use the Edge Boost card when you deposit, no fees, works on all major sports books, and you receive 0.5%

[07:25] cash back just for funding your accounts. And if you're depositing at scale, that can mean an extra $750 a month just for using the right card. How do you actually place your first arbitrage bet without screwing it

[07:40] up? Simple. Start small. We're talking $10 to $20 per side while learning the ropes. Your focus isn't just profit yet. It's about getting reps. Practice matching bets across different sports books. Double checkck the odds and the

[07:54] payouts so you understand how the money moves. And most importantly, take your time to avoid mistakes. Even if the profit on those first few bets is tiny, what you're building is confidence. And trust me, that's worth more than the $5

[08:09] to $10 win. Once you're comfortable, then you can scale. But for now, keep it small and keep it sharp. So, you're getting the hang of arbitrage betting and you're asking, "When can I start betting more?" Once

[08:23] you've got a few successful bets under your belt, it's time to scale up your stake sizes. Here's what we recommend. For player props, cap your bets around $100 to $200. On college sports, you can go up to $250. And for major pro sports,

[08:39] push this to $500 per side. But here's the deal. Some sports books will limit you if they catch on. So be smart. Spread out your bets, rotate your books, and don't always max out. Scaling is how you grow your profit. Just make sure

[08:54] you're doing it strategically. You're now playing with real money at real volume. Which sports books are best for live arbitrage? And why should you even care? Because live arbitrage moves fast, it often gives you an even better ROI

[09:08] than pregame bets. Here are the top books that you'll want to have in your rotation. For a domestic books, it's FanDuel, DraftKings, Caesars, Bet MGM, and ESPN Bet. These books offer fast, live moving markets, which means more

[09:21] discrepancies and more opportunities for guaranteed profit. Recycling your bankroll is key, especially with live arbitrage. Place a bet on a live event and within 30 to 60 minutes that money could be back in your account ready for

[09:34] the next opportunity. Compare that to pregame arbitrage where you might lock in a bet at 8:00 a.m. and it doesn't settle until 8:00 p.m. Faster turnover equals more bets, more profit, higher ROI. And here's a pro tip. Use Odd Jam's

[09:48] one-click bet feature to instantly lock in both sides of the live bet. In live in both sides of the live bet. In live markets, speed is everything.