Arbitration is a process where a neutral third party decides the outcome of a claim. Whether it's good or bad for you depends on your case.Rental arbitrage is a business model where an individual or entity rents a property longterm and then rerents or sublets that property on a shortterm basis. Sports betting arbitrage involves placing bets on all possible outcomes of a sports event with different bookmakers to ensure a guaranteed profit. Arbitrage is a financial term that means taking advantage of different prices for the same assets in different markets. Airbnb rental arbitrage involves leasing a property longterm and then renting it out shortterm on platforms like Airbnb.