What happened to the arb threads?

[Lori]

[ QUOTE ]
There is +ev and there is stealing. You guys just dont know the difference.

[/ QUOTE ]

You have no idea what you are talking about. None at all.
UK bookies are the most hated in the world because they offer the absolute worst value on the planet.

[hedgie43]

Vexel,

Is betting just the soft side of an arb unethical?

[vexel77]

Oh and thats opposed to US bookies, oh thats right there arent any except for those value laden books in Vegas.

And you dont have a clue, the UK bookies are juicy..

Im still getting even money on wongs, are you?

Hedgie43 as long as you take some kind of risk its ethical.

[umaga]

vexel77 -

One minute asking for help prepping for your interview. Next minute pontificating from a lofty perch while calling others kids, losers, and thieves. I'd say you are probably a young guy who hasn't yet had the [censored] edges worn off by life experience. Or maybe you're just a douchebag. Probably both.

[vexel77]

thanks ive grown up quickly.

[vexel77]

and it is stealing.

[kaboshedx]

ur dumb

[Lori]

[ QUOTE ]
And you dont have a clue, the UK bookies are juicy..

[/ QUOTE ]

That's why Betfair has managed to take the lion's share of the market in short shrift despite charging the average customer 5% on top of 1% markets.

The only reason that UK bookies can be good is because they haven't got a clue how to set lines on some sports. The percentages they work to are bordering on criminal, and if you have any sympathy for them at all, then it's clear you got that odds compiling job.

As for your ethics, you didn't answer the question. If a book goes -110 and takes balanced action on either side, why isn't it classed as stealing?

Also, if I take +111 at one side, and -110 at another, who am I stealing from exactly?

I suggest you think this through a bit more sensibly, you haven't stated one fact yet and you've certainly talked a lot of tripe.

[hedgie43]

Why is it unethical to make a "risk-free" profit? Both books are offering you a line, from which they are taking vig.

[kaboshedx]

these questions are useless, he has no idea of the theory behind gambling and arbitrage