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Old 01-14-2006, 02:41 PM
craig craig is offline
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Join Date: Sep 2002
Location: Arizona Bay
Posts: 4,324
Default Re: Anyone interested in splitting the zero-risk-arbitrage BetAlerts?

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[ QUOTE ]
arbitrage is a waste of time. Too much effort for too little money.

[/ QUOTE ]

Not really. Arbitrage (scalping) is the way that many successful sports bettors make a LOT of money. You have to have a decent-sized bankroll to do it, but it is clearly not a waste of time.

[/ QUOTE ]

And if you treat it like a long term mutual fund and not withdraw your profits, the compound interest would make this even less of a waste of time.

There are so many ways to arb/middle and to not take advantage of it (while bonus hustling) is a mortal sin of gambling. It is almost as bad as not doubling with an 11 against a 6 in blackjack.

craig
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