Re: *** Official Arbitrage Posting Thread - July + Aug+ Sept 2007 ***
[ QUOTE ]
hey guys, i'm a complete n00b, i understand the theory of abitrage
but i am completely lost why are some of these arbitrages?
for example:
"
LAD +112 WSEX
NYM -111 Pinny"
is it because it's +EV if you bet both sides?
[/ QUOTE ]
It is +EV to bet both sides, and even more +EV to bet one side. Why are you surprised that your example is an arbitrage? What do you think arbitrage is, anyway?
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