English Yes, this is one type of arbitrage situation. In general, arbitrage betting is an opportunity to place bets with different bookmakers on all possible outcomes. Thus, the player who placed all these bets will make money regardless of the outcome.
The simplest type of "surebet" is the two-shoulder type, that is, with two opposite outcomes. This type of arbitrage is easier and faster to place because you only have to work with two bets at two different bookmakers. These «surebets» are best suited to beginners. For more advanced users, there are arbitrages with three or four sources.
Arbitrage also includes bets on «middles».