Posts Tagged ‘betting exchanges’

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 [...]

Bookmakers

Posted by Nicolae on June 22nd, 2008 under Sports Betting, Wagering guide
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A bookmaker, bookie or turf accountant, is an organisation or a person that takes bets and may pay winnings depending upon results and, depending on the nature of the bet, the odds. Bookmaking may be legal or illegal, and may be regulated; in the United Kingdom it was at times both regulated [...]