Re: *** Official Arbitrage Posting Thread - July + Aug+ Sept 2007 ***
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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?
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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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arbitrage is like money in the streets, just basic market or in this case sports book inefficiencies that people can take advantage of....
if i had sat down and worked out the math, i wouldn't have posted, i'm sorry guys, i will only read and post arbitrage on this thread from now on,
basically i did the math wrong and didn't think it was an arbitrage opportunity, next time i'll do it 2x
carry on, sorry for the interruption
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