Author

Topic: ELI5 arbitrage betting :) (Read 228 times)

legendary
Activity: 1792
Merit: 1283
March 23, 2017, 10:38:45 AM
#4
This website is pretty handy if you want to check odd comparisons for different sportsbetting sites. You just have to click on a match and calculate the difference, like the people above me have explained.
https://bitedge.com/odds-comparisons/

They list the most popular Bitcoin sportsbooks, Betcoin, Nitrogen, Cloudbet etc.
legendary
Activity: 1162
Merit: 1002
March 23, 2017, 09:07:38 AM
#3

Explanation + example calculations:

http://www.sportsbettingworm.com/arbitrage-betting/

In short: Arbitrage betting is the only way to make constant profits from sports betting. "Risk free".

can someone explain what Arbitrage Betting means. i have been hearing it in a couple of places and i have always wondered what it is and how do people do it.

so i would appreciate it if someone could explain about this method with some examples, preferably some real examples.
thanks.
hero member
Activity: 1372
Merit: 500
March 23, 2017, 09:05:08 AM
#2
can someone explain what Arbitrage Betting means. i have been hearing it in a couple of places and i have always wondered what it is and how do people do it.

so i would appreciate it if someone could explain about this method with some examples, preferably some real examples.
thanks.

Well its pretty simple as i see it.  Lets say you bet on a tennis match and get player A to beat player B, they are 50/50 to beat eachother but you get odds of 55/45 on player A. Then on player B you get odds of 55/45 from another site.  This means you cant lose no matter outcome.

hero member
Activity: 1470
Merit: 655
March 23, 2017, 08:51:28 AM
#1
can someone explain what Arbitrage Betting means. i have been hearing it in a couple of places and i have always wondered what it is and how do people do it.

so i would appreciate it if someone could explain about this method with some examples, preferably some real examples.
thanks.
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