Crypto industry and the betting industry
‼️Dear users! Si14 AG regularly receives questions from traders in the crypto industry about the possibility of making money in the sports betting market.
🖇 The sports betting market and the crypto industry are very different, starting from the earning systems and underlying assets. So let's take the difference between the crypto industry and the betting industry and the common, and so beloved by traders, Arbitrage with concrete examples:
🪙 Arbitrage on the cryptocurrency market is the difference in prices of underlying assets on different exchanges. In this case, the Arbitrage itself is the price of the investment.
Because the asset for arbitrage transactions is chosen to be volatile, Arbitrage may not occur. For example, if you purchased a BTC asset on the Binance exchange and decided to transfer the asset to By bit, the trader has a problem with the timing of the transaction. During the time of the transaction, often the price of BTC changes, and the marketing can become harmful.
💸 It concerns Stable Coins about highly volatile instruments. The arbitrage situation looks much sadder. Even when using double deposits on exchanges, let's say BTC - USD, USD - BTC, the price of the underlying asset changes quickly, and classic market arbitrage of 1-3% can end up being minuscule.
💵 Unlike Arbitrage on the cryptocurrency market, Arbitrage on sports events has several advantages. The first advantage is that the underlying asset is always in USD. The Arbitrage itself arises from the difference in odds. Arbitrage on the sports betting market may reach up to 10% in live events and up to 5% in announced events. A trader only needs to perform two actions: Buy the odds cheap and sell them expensively. All this is possible thanks to the Si14.Bet sports betting exchange. You can place bets against events on the platform.
⚽️ For example - you place a bet FOR Barcelona at odds 2.10 at the bookmaker, then offer your odds on the Si14.Bet betting exchange 1.90 AGAINST Barcelona winning (if you bet against Barcelona on the betting exchange, you win if there is a draw or the victory of the second team). Arbitrage is in your pocket—deposit withdrawal with cryptocurrencies on the platform for professional traders for free.
📈 Dear traders on the cryptocurrency market! Si14 AG invites you to cooperate and train on the Si14.Bet sports betting exchange. Send request for cooperation
📤 you can at
[email protected] or contact the project manager
https://t.me/BettingIrvingLearn more about the project:
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https://si14bet.io (
https://si14bet.io/)
🔸Si14 betting exchange:
https://si14.bet (
https://si14.bet/)
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https://si-14.com/)
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