OddsIQ
Free tool

Arbitrage Calculator

Two books, opposite sides, prices that don't agree. Enter both odds and your total stake — we'll split the wager so you profit no matter who wins.

Best price you can get on A
Best price you can get on B
$
Combined risk across both books
Arbitrage opportunity
+$49.40
+4.94% ROI · +4.71% arb margin
Bet on Side A
$488.10
Returns $1049.40 if A wins
Bet on Side B
$511.90
Returns $1049.40 if B wins

How arbitrage actually works in practice

An arb exists when the implied probabilities of opposite sides — at two different books — sum to less than 100%. That gap is your guaranteed profit margin.

arb_pct = 1 − (1/decimalA + 1/decimalB)
stake_A = total × (1/decimalA) / inv_sum

Real-world frictions you should plan around:

  • Limits. Sharp opportunities get small fast. Books can void or limit your stake before the second leg confirms.
  • Account flagging. Most US books detect arb activity and limit/close accounts after a handful of confirmed arbs.
  • Line movement. If one leg moves between you placing the first and second bet, your arb can disappear or invert.
  • Bonus / promo arbs (using free bets and odds boosts) are usually safer and more sustainable than pure-line arbs.

The realistic edge: 0.5-2% margins are typical when they exist; 3%+ is rare and usually comes from a stale line or promo.