Startup cost: $100 - $1k

Arbitrage betting is a side hustle that requires minimal setup costs. The low-end estimate for starting this venture is around $100, while the high-end estimate can go up to $1,000. The money spent at the low end may cover basic tools like odds comparison software, initial betting capital, and subscription fees for betting platforms. On the high end, additional expenses might include more advanced software, diversified betting accounts, and professional tipster services.