Re: Anyone interested in splitting the zero-risk-arbitrage BetAlerts?
As Ed Miller is fond of saying, this thread has now reached a critical mass of misinformation. Scalping is not good (other than bonus whoring) for small bankrolls because the transaction fees of moving money around can kill you. Similarly, for very large bankrolls it is not practical either because it is hard to get enough money down to make a difference. But for a medium bankroll it can be quite efficient.
Everyone who says it is a waste of time either (a) has not done it or (b) is terrible at it. Last year I put my whole bankroll into scalps on props on the NCAA tournament. I made a risk-free 10% return on my whole bankroll in four weeks. What a waste of time. [img]/images/graemlins/smirk.gif[/img]
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