Frequently Asked Questions
Everything beginners want to know before getting started.
Is arbitrage betting legal?
Yes, as long as sports betting is legal in your state. You're simply placing legal bets at multiple licensed sportsbooks. PromoEdge does not place bets for you — we provide educational information only.
Can sportsbooks ban me for arbitrage betting?
Sportsbooks can limit or restrict accounts that show patterns of only arbing or bonus abuse. For signup bonuses specifically, this is very rare since you're a new customer. Regular arbing over time is more likely to result in account restrictions. Start with signup bonuses first.
How much money can I realistically make?
From signup bonuses alone, experienced players typically convert $3,000-$8,000+ in total bonus value across all major books in their first few months. Ongoing arbitrage profits vary by how much you bet and how many opportunities you can find.
Do I need accounts at all 13 sportsbooks?
You only need accounts at the two books involved in each specific opportunity. But having accounts at all 13 maximizes your options and lets you claim all signup bonuses.
What if the odds change between my two bets?
This is the main risk. Place both bets as quickly as possible — ideally within seconds of each other. If odds shift significantly between your first and second bet, you may want to adjust your second bet amount or skip the opportunity.
Do I need a lot of money to start?
More bankroll means more opportunities, but you can start small. Even $200-500 lets you work through all the signup bonuses. Just be sure you're not betting money you can't afford to risk while learning.
Is this the same as match betting in the UK?
Very similar! Match betting (popular in the UK) is the equivalent strategy. In the US, we call it promo hedging or bonus bet conversion. The math is the same.
What taxes do I pay on winnings?
Sports betting winnings are taxable in the US. Sportsbooks issue W-2G forms for certain large wins. Consult a tax professional for advice specific to your situation. We recommend tracking all your bets and winnings.
Is this guaranteed to be profitable?
Arbitrage math is guaranteed if both bets are placed at the odds used in the calculation. The risks are: odds moving before you complete both bets, human error in bet placement, and sportsbooks voiding bets (very rare). Always verify odds at each book before betting.
What does PromoEdge cost?
PromoEdge Pro is $24.99/month after a 7-day free trial. A card is required to start the trial; if you cancel within the first 7 days you're never charged. Cancel anytime from your account.
What happens when my free trial ends?
When the 7-day trial ends, the card you entered is charged $24.99 and your subscription renews monthly at $24.99 until you cancel. You can cancel during the trial and pay nothing.