Re: Calculate Arbitrage/Scalp bet with different spreads?
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Highest odds PHI: Bookies2=PHI with +110
Highest odds CHI: Bookies1=CHI with -110
PHI +110 = 11/10 = 110
CHI -110 = 10/11 = 90.91
110 + 90.91 = 200.91
200/200.91 = 99.55% or a .45% combined profit to the arb better
Is this correct?
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no, because only one team can cover the same spread. the way you structured it, if the bulls win by 6 or more, you win $10, but if philly wins or loses by 5 or less, then you lose $9.09.
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