The OddsJam Arbitrage Betting Tool is the only offering with a live data feed to both regulated and sharp sportsbooks that identifies arbitrage betting opportunities in real time. OddsJam has the fastest updating odds, so you can catch sharp action line movements before anyone else.
- An arbitrage bet, or arb, is when a bettor makes two bets on the same event on two different sportsbooks in order to lock in a risk-free return. Arbitrage occurs because sportsbooks set their lines independently and these odds often get out of sync, creating arbitrage betting opportunities.
- An example would be that you can bet on the New York Yankees +120 odds on DraftKings sportsbook, while you can bet on the Boston Red Sox -105 odds on Fanduel sportsbook. You decide to bet $300 on the Yankees +120 odds on DraftKings. Using the OddsJam arbitrage calculator, you see that if you bet $338 on the Boston Red Sox -105 odds on Fanduel you will lock in a risk-free return $21.95 - it doesn't matter if the Yankees win or lose, you're up $21.95.
- OddsJam processes over 1 million odds per minute to find you the select few risk-free arbitrage bets in real time. OddsJam has the fastest updating odds so you will never miss a profitable bet again.