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Arb

In a recreational or gambling context, ARB (short for 'arbitrage betting' or 'arbing') is the practice of placing bets on all possible outcomes of an event across different bookmakers to lock in a guaranteed profit from discrepancies in their odds. It appeals to analytically minded bettors who treat it more like a numbers game or side income than traditional gambling. It requires monitoring odds across many betting sites and acting quickly before prices adjust.

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