The BetSmart Tool from Pickwatch is a fantastic way to start your journey into arbitrage betting. It will provide the exact steps you need to take in order execute the perfect arbitrage wager.

On August 22nd, there were some fantastic arbitrage betting opportunities when using Pickwatch's BetSmart tool. Betting on the total runs in the MLB turned a big profit thanks to the following bets:

You could have gone with Giants SS Willy Adames; With a +3.21% arb, if you had wagered $66 on the over 0.5 with Bet365 and $100 on the under with Hard Rock Bet, you could have profited between $5.00 to $5.60.

There was also Diamondbacks C Jose Herrera; With a +1.84% arb, if you had wagered $43 on the over 0.5 with Bet365 and $100 on the under with Caesars, you would come away with between $2.00 to $3.20.

Finally, Astros 2B Mauricio Dubon; With a +1.07% arb, if needed to wager $48 on the over 0.5 with Bet365 and $100 on the under with Parx Casino, you could have made between $0.80 to $2.00.

What this means is that all users who accessed the BetSmart tool had the opportunity to profit almost $11 without having to put in any effort. That’s what makes arbitrage betting so enticing; you bet on both sides, and you will make a profit regardless of the outcome.

There's a strategy that comes into play with this type of wagering, but it’s primarily about timing. You need to have your finger on the pulse of the early market and strike when the odds are in your favor.

A lot of factors will force odds to change quickly, and you don’t want to miss out on your chance to make the biggest profit. It is also about wagering the right amount on each side because if you get that wrong, you are not guaranteed a profit.

That is why BetSmart is your best way to conquer arbitrage betting. BetSmart tracks millions of betting lines in real time and brings them to you when the markets become available. There are lots of different tools to accommodate your level of risk, whether it's no-risk arbs, converting promos to real cash, or using Wall Street-style Positive EV methods to find mispriced odds. Click here to get a 7-day free trial (new users only)