What is Arbitrage?
In economics and finance, arbitrage is the practice of taking advantage of a difference in prices in two or more markets; striking a combination of matching deals to capitalize on the difference, the profit being the difference between the market prices at which the unit is traded.
Surebet.com
In their list of bookmakers, you won’t find each from the list below. But these are the clone bookies (using the same or similar odds) of those in parentheses.
- They are covering a fair amount of South African bookmakers
- The arbitrage bets are accurate (compared to other services they are at the top)
- Their subscription prices are hard to beat
- At the moment they are offering free value betting services without any limitations. These value bets are displayed only for pre-match.
Breaking Bet
Breaking Bet is the most affordable arbitrage bet finder on the market. They deserve a lot of attention not only for the subscription prices. They are scanning many bookmakers for arbitrage & value betting in South Africa.
- They have a fast scanner
- 14 South African bookies are scanned
- They are not scanning so many markets and cross markets, but you can find a decent amount of arbs
- The affordable subscription price for everyone
- Pre-match/In-play arbitrage & value bet scanner too
ArbMate
ArbMate is the second-best solution to professional arbitrage betting from South Africa. Their scanner is the second-fastest in this industry.
- Accurate arbitrage opportunities
- Fast scanning
- 22 bookies/clones scanned
BetBurger
BetBurger has a fairly high subscription fee for a beginner. At least it might seem too expensive. But honestly, it is still the best arbitrage betting software at the moment.
- They are scanning hundreds of bookmakers with a fairly fast refresh rate.
- The filtering system is allowing you to choose your favorite league, sports, markets, odds range, arb percent, etc.
- If you are taking a little pause from betting, your subscription will not be wasted. They are offering the possibility to freeze your account. After getting back to work you can unfreeze it, and your subscription will be extended
Is arbitrage legal in South Africa?
Yes, arbitrage betting is technically legal in South Africa, but some bookmakers will still shut down your account if they catch you placing these bets.
What is currency arbitrage in South Africa?
Crypto Asset Arbitrage is the process of buying a crypto asset on an offshore exchange and instantly selling it on a South African exchange at a profit. This is possible because crypto assets typically trade at a 1-3% premium in South Africa.
How do I find the best arbitrage opportunities?
How to Identify Arbitrage Betting Opportunities
- Using an odds comparison site such as Oddschecker, find a sporting event which offers two outcomes.
- Find the highest odds available for each outcome from two different bookmakers.
- Calculate whether the odds represent an arbitrage betting opportunity.