*** Official Arbitrage Posting Thread - July + Aug+ Sept 2007 ***

[hedgie43]

Longer term Arb:

West Virginia RSW Under 10.5 +135 Bodog
West Virginia RSW Over 10.5 -115 5 Dimes.

[dchz]

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?

[whipsaw]

[ 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?

[dchz]

[ QUOTE ]
[ 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?

[/ QUOTE ]

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

[Performify]

[ 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 ]


Check the FAQ for more on Arbitrage.

If you have questions after reading the arbitrage-related questions/answers/threads linked from the FAQ, then post another thread asking questions.

This thread is for posting arbitrages only, not for questions.

In the example above:

Risk $500 to win $560 on LAD on WSEX
Risk $557.63 to win $502.37 on NYM on Pinnacle

guaranteed profit regardless of outcome (thus the arbitrage): $2.37