Arsenal is a strange team in general, when I make a money bet on Real, Bayern, Liverpool etc. I easily increase the risk (I take a handicap of -1 or -2), but when I choose Arsenal even Double Chance looks unreliable. They seem to have a decent goal difference and statistically they are not that bad, but apparently a few bad bets at the start of the season finally convinced me that they cannot be trusted.
Plus the image of losers and eternal second place does its job.
They don't score that many goals lately, so it's better to keep away from those Handicap bets. They were already struggling before Saka and Kai Havertz got injured (they even got name Corner Kick FC at one point) and once the duo did get injured, it would only become worse for Arsenal in front of goal!
I would completely keep away from Arsenal Matches and instead risk with the likes of Nottingham Forest or Aston Villa or Real Betis in Spain

Yes, Arsenal is not suitable for money bets at all now. They understand perfectly well that the Premier League is lost, this in itself reduces the level of concentration and motivation, plus they have games with Real in the Champions League ahead. It is obvious that they think most of all about the tournament where they still have a chance and are trying to mobilize specifically for those games. Arsenal betting should have been avoided early and mid-season because they were unreliable, and now because their games no longer matter