Posts Tagged ‘arbitrage betting’

Arbitrage betting

Posted by Nicolae on June 25th, 2008 under Sports Betting, Wagering guide
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Betting arbitrage, surebets, sports arbitraging is a particular case of arbitrage arising on betting markets due to either bookmakers’ different opinions on event outcomes or plain errors. By placing one bet per each outcome with different betting companies, the bettor can make a profit.
In the bettors’ slang an arbitrage is often referred [...]

Bookmaking

Posted by Nicolae on June 5th, 2008 under Sports Betting, Sports betting guide
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Most people believe that bookmakers attempt to “balance” their action, by adjusting their prices so that they get the same amount of money on both sides of a game. Theoretically, the bookmaker’s only financial interest in the bets it accepts is the vigorish it takes from losing wagers, and it simply wants [...]