Arbitrage Betting is a strategy that allows bettors to profit from differences in odds offered by various bookmakers. By placing bets on all possible outcomes of an event, a bettor can ensure a guaranteed profit regardless of the result. This is possible when the combined odds from different bookmakers create a situation where the total stake is less than the total payout. To successfully execute Arbitrage Betting, one must quickly identify and act on these discrepancies in odds before they disappear. This requires careful monitoring of multiple sportsbooks and a good understanding of the event being bet on. While it can be a low-risk strategy, it often requires significant time and effort.