A ValueBet is a type of arbitrage bet that guarantees either a profit or the return of your initial stake. It involves placing wagers on all potential outcomes of a sporting event. While it may not offer significantly higher odds, it's a risk-free strategy that ensures you won't lose money. The worst-case scenario is breaking even. For example, consider a soccer match where the sportsbook offers odds like Team X to win at +220 odds, Team Y to win at +230 odds, and a draw at +200 odds. Betting $100 on each outcome, if Team X wins, you'd make a $100 profit; if Team Y wins, you'd earn $100, and in case of a draw, you'd break even, securing your initial investment. This illustrates how a ValueBet is a highly lucrative, risk-free strategy in arbitrage sports betting, ensuring you won't lose money and can only achieve profits or win back your initial stake.