Arbitrage Situation

An arbitrage situation is a situation when it is possible to place bets on all the main outcomes of a sports event at various bookmaker's offices and reliably receive profit regardless of the final outcome of the event. The amount of the profit usually falls within the limits of several per cent from the betting amount. An arbitrage situation is similar to space arbitrage in the financial market, when various prices are fixed for the same product in various places, making it possible after buying a product in one place to immediately resell it in another place with some profit.