Arbitrage Betting in Esports: How to Profit from Odds Discrepancies

How Arbitrage Works (Real-World Analogy)

At its core, arbitrage is about capitalizing on price differences. Think of it like finding a product that costs ₱2,000 in one country but can be sold for ₱8,000 in another. You buy low, sell high, and pocket the difference.

Arbitrage betting operates on the same principle. Instead of physical goods, you're exploiting differences in betting odds.

Esports Arbitrage Example for Filipino Bettors

Let’s imagine Team Alpha is set to play against Team Beta. Here’s how two different betting sites might offer their odds:

• Betting Site A: Team Alpha – 2.09, Team Beta – 1.90
• Betting Site B: Team Alpha – 1.88, Team Beta – 2.11

Here's where the magic happens for savvy Filipino players: You place a bet on Team Alpha at Betting Site A and a bet on Team Beta at Betting Site B. No matter which team wins the match, your combined payout will be greater than the total amount you staked, securing a profit.

How to Do Arbitrage Betting in Esports

Step-by-Step Breakdown

Find Conflicting Odds

Use arbitrage tools or manually compare odds across multiple trusted bookmakers. Focus on two-way Esports markets with only two possible outcomes.

Confirm Arbitrage Opportunity

Use this formula:

(1 / Odds A) + (1 / Odds B) × 100

If the result is under 100, you’ve found an arbitrage opportunity.

Example:

(1 / 2.09 + 1 / 2.11) × 100 = 95.24%

Calculate Stake Distribution

Use this formula to calculate how much to stake on each side:

(Individual Bet Fraction ÷ Arbitrage%) × Total Bet

For a $200 total stake:

Team A: ((1 / 2.09) × 100 × 200) ÷ 95.24 = $100.48
Team B: ((1 / 2.11) × 100 × 200) ÷ 95.24 = $99.52

Place the Bets

Be quick—arbitrage windows close fast as odds shift constantly across sportsbooks.

Collect Your Profit

Your total return will be approximately $209–$211, regardless of the outcome, yielding a $9–$11 profit, risk-free.

Tips for Successful Arbitrage Betting

Even though arbitrage is low-risk, it’s not error-proof. You’ll need discipline and speed. Stick to two-way betting markets and always verify the odds are still valid before placing your bets.

Avoid sportsbooks that frequently limit arbitrage bettors, and rotate platforms when needed. Lastly, double-check every calculation—one mistake can wipe out the margin.

Arbitrage in Esports vs. Traditional Sports

Arbitrage works in both traditional and Esports betting, but Esports offers a unique edge.

• High volatility: Odds swing faster due to patch updates, roster changes, and streaky team performance.
• Obscure markets: Smaller games, such as Valorant or CS:GO qualifiers, often exhibit bigger discrepancies.
• Less efficient pricing: Bookmakers don’t always react fast, giving you more time to execute a profitable trade.

That said, the esports market moves quickly, so precision and fast execution are critical.