Using arbitrage betting in less popular sports can be quite profitable, but with certain caveats and risks. The main advantage of arbitrage in such sports is that bookmakers often pay less attention to them compared to popular disciplines like football, basketball, or tennis. This can result in significant differences in odds for the same event across different bookmakers, creating more opportunities for surebets.
Bookmakers typically monitor odds more closely in popular sports, where there is a large volume of bets and strong competition among bettors. In less popular sports, such as table tennis, darts, water polo, or various local leagues and tournaments, there is often less in-depth analysis, and the market is usually less liquid. This opens up opportunities for arbitrage bettors because in these sports, odds may remain inaccurate or react slowly to changes.
However, there are several risks involved. Firstly, these markets can be less predictable, and information about events in them is not always available or reliable, making analysis and decision-making more difficult. Secondly, bets in less popular sports usually have lower limits, which restricts the potential profit. Thirdly, active betting in such niches can quickly draw the attention of bookmakers, potentially leading to limit reductions or even account suspension.
