Arbitrage betting is one of the most well-known betting strategies out there that can really help you make some money. It can guarantee you a profit, and although that might seem far-fetched, it is possible by betting on both sides of favourable odds at the right online sportsbook. Yes, the profit won’t be particularly large, and finding the sweet spot when to put your arbitrage strategy into practice can be tricky.
This is where arbitrage software sites come in. They do a lot of the heavy lifting and analysis for you, identifying perfect arbitrage betting opportunities which you can benefit from. These sites are excellent labor-saving tools, with bespoke features that can really boost and improve your strategy.
What is Arbitrage Betting?
Before we delve into the Arbitrage betting sites and what they can offer, it is worth just explaining what arbitrage betting is and why it is used by many as part of an overarching betting strategy. Also referred to as ‘arbing’ ‘arbs’, or ‘sure bets’, arbitrage betting is a strategy where you place wagers on all possible outcomes of an event to guarantee a profit. You can do this across numerous sportsbooks to ensure you are in profit regardless of the result. A lot of people now use software sites to scan all of the possible betting opportunities and then place several small bets regularly.
These sites can offer multiple online betting sites for favorable odds and place numerous small bets simultaneously, which maximizes efficiency and is also a massive time-saver as the software identifies the arbitrage opportunities for you.
Top 5 Arbitrage Betting Software Sites
We have extensive experience of testing multiple software betting sites to determine the best platforms available that will serve different purposes. After considering all of the options, we feel the list of sites and software below provides the best services for those looking for help in their arbitrage betting strategy.
Here are 5 software sites that I have tested and reviewed, and was really impressed with how they can exploit arbitrage betting possibilities.
#1. Rebel Betting
The great thing about RebelBetting is that it scans hundreds of online betting sites and sports, from the most popular like football to more niche options like table tennis. This is great for arbitrage betting, as when you are looking to bet on both sides of the coin, the more sports and odds to choose from, the better. Rebel looks for discrepancies in the odds by combing through as many odds offered by bookmakers as possible, saving you the hassle and time of doing it manually.
Pros
- Scans hundreds of bookmakers
- Detailed guide for beginners
- Works really well on mobile devices
Cons
- Needs a lot of time, money, and effort
- Pro plan is expensive
#2. BetWasp
BetWasp describes itself as an arbitrage software platform, so by that definition, it is ideal for those looking for help with arbitrage betting. BetWasp has the software capabilities to actually place arbitrage bets at your chosen sportsbook on your behalf. There is a range of advanced tools that enable you to set your own preferences, and there is also an option to create your own sports betting data.
The design could be a bit easier for the user but there is no doubting the functionality is fantastic. All of the typical sports are covered,d and we particularly liked the NFL betting options.
Pros
- Affordable 7-day trial subscription
- Brilliant account tool
- Scans a large range of sports
Cons
- Doesn’t scan as many sportsbooks as others
- Targets mainly US bettors
#3. BetBurger
Established back in 2013, BetBurger is now considered to be one of the best software betting sites. BetBurger is ranked as one of the best software betting sites as it gives players plenty of significant advantages like fast scanning speed and top-quality data. The site currently analyzes 140 sportsbook lines before the events begin and 120 live. The BetBurger platform is an excellent arbitrage software platform as it displays a lot more bets than other services, which means more profits if you use the data correctly. I was really impressed with the high-quality arbitrage betting opportunities available on BetBurger, in addition to the excellent live betting options.
Pros
- Auto-navigate to sportsbook
- Can start making guaranteed profits on the first day
- Live arbitrage scanner is one of a kind in the industry
Cons
- Issues can take a while to solve
- The scanner can break down if experiencing a lot of traffic
#4. Surebet
The main feature of SureBet is its arbitrage betting software. This site focuses on pre-match sure betting, helps the platform show arbitrage betting opportunities with a low error margin. Their top quality Surebet software can help you to make some big profits by scanning over 500 betting operators worldwide to locate the best value out there. All of the major sports are covered with popular options like the NBA and the MBL to eSports categories like Warcraft and Overwatch. The design could use a refresh as it is slightly outdated, but the user experience is first-class and delivers on what it was created for.
Pros
- Fast pre-match finder
- Affordable prices even for beginners
- Scan over 500 betting operators
Cons
- No live odds scanner
- Would like more filters so you can refine your searches
#5. Trademate Sports
Trademate Sports was founded in 2016 with the idea to automate the process for finding edges in bets, and it has grown to become one of the most trusted arbitrage software finders available. The purpose of Trademate Sports is to find value bets and then advise you on how much you should stake on them. The platform locates these value bets by determining the odds of a bet and then comparing those odds with the odds and lines offered by online sportsbooks. Trademate compares the true odds of thousands and thousands of wagers against the odds of over 70 different sportsbooks and betting exchanges.
Pros
- Excellent design
- One of the best odds comparison tools available
- Advanced tools for analyzing and acquiring data from past trades
Cons
- To utilize full potential of Trademate Sports, you need to pay a premium and spend a lot of time on the site
- Not ideal for beginners
What to Look for in Arbitrage Betting Software
With more and more betting software appearing, promising you the world, it can be challenging to know exactly what to look for and why a site might be better than the rest. These features should play a crucial role in the choice you make when you are ready to get started with your arbitrage betting strategy.
Software reliability
When deciding on anything life, whether it is a new car, house furniture, or sports betting software, you want it to be reliable. Today, there are some market leaders among arbitrage betting software like the one’s we have listed on this page, and they will always be a great option as they will constantly improve their services. If you don’t want to spend a lot of money on a site that constantly breaks down or experiences issues, make you sure you target sites with reliable arbitrage betting software.
Scanning speed
Speed is essential for arbers, especially if you are a bettor who likes to place live arb bets. Each live bet has a shelf life of a few seconds to a few minutes, so if the site you are using has a slow scanning speed, you are going to miss out on the possibility of placing a bet. For example, you see an in-play arb appear between two sportsbooks at 10.00 am but it will only exist for 50 seconds. If the scanning speed of your arbitrage software is only 30 seconds for live bets, you only have 20 seconds remaining to get that live arb bet in. Speed is vital.
User-friendly interface
It always helps when the sites you are counting on are easy to use. Most of us enjoy sites that have been designed with lots of exciting visuals, but that is less important with arb software. You need to be able to react fast when working on arbing prospects. If there is too much going on, it could take your attention away and then, as a result, you could miss out on some important information such as a sudden odds change. That is why you must choose arbitrage betting software with a user-friendly interface.
Amount of pre-match and live arbs available
A lot of beginners prefer to start with pre-match arbs, because they are more straightforward and you have a lot of time to place a bet. The downside to this is that the profit from pre-match arbs are less than live, so when you get to know how things work, you may want to move towards placing more live bets. This is why it is better to choose a software betting site that has both pre-match and live arbs available.
Customer support
If you are just starting out on a software site, it can be very tricky to navigate and process all of the data and information at first. You could have plenty of questions about your subscription, functionality and any issues you come across along the way. This is where you need a responsive and knowledgeable customer service team to assist you with any issues you have.
Arbitrage Betting Software Can Make You Money
Just searching for arbing opportunities manually can take up a lot of time and effort. That is why these days many bettors are turning to arbitrage software sites to help them identify and take advantage of arbs. As long as you are willing to learn how these sites work and put some time in, the benefits can be huge.
