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bOOt,
Have you ever considered stock or currency arbitrage?
Really, arbing sports and arbing stocks can't be much different.

What were your superbowl wagers?
What do you say is your employment status on your 1040?


1c5,
About, nhl arbs: It's hard to do because there are so few 10 cent lines. It is possible to guess which way lines will move to get some arbs on pinny's early lines. But info is key in hockey, and a lot comes out of morning skates.
In my experience, a combination of canbet/wsex/sia/pinny made for some opportunities. I know this because I never cashed out of Canbet. I scalped out when they gave me a hard time cashing out.

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Arbing securities or currencies has one major difference: Time. A sports arb has a definite ending time--at the end of the game. A market arb can get stuck in no mans land and tie up your money for long periods and sometimes can never turn a profit if prices don't move outside your collar. Opportunity cost can be high and you can also lose your transaction costs if your trade never makes it outside the collars.

The currency markets are also alot more sensitive than any sports lines. There are no stale currency markets, lol.