Sports Betting Arbitrage

Discussion in 'Other Investments' started by Bargain Hunter, Nov 29, 2013.

  1. Bargain Hunter

    Bargain Hunter Active Member

    Joined:
    Jul 11, 2010
    Messages:
    761
    Likes Received:
    31
    Trophy Points:
    28
    Location:
    Sydney, Australia
    Has anyone here ever arbitraged online sports betting exchanges?

    I mean in terms of placing bets on the same event on different exchanges at the same time to take advantage of discrepancies in odds offered to make a risk free profit?
     
    Bargain Hunter, Nov 29, 2013
    #1
  2. Spode

    Spode Member

    Joined:
    Sep 17, 2011
    Messages:
    209
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Brisbane
    Go back a few pages, there is a thread from a fee months ago on this.
     
    Spode, Nov 29, 2013
    #2
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,685
    Likes Received:
    4,448
    Trophy Points:
    113
    mmm....shiney!, Nov 29, 2013
    #3
  4. Bargain Hunter

    Bargain Hunter Active Member

    Joined:
    Jul 11, 2010
    Messages:
    761
    Likes Received:
    31
    Trophy Points:
    28
    Location:
    Sydney, Australia
    Sorry guys, I should have done a thread search first before starting a new thread. My bad.
     
    Bargain Hunter, Nov 30, 2013
    #4
  5. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    2,621
    Likes Received:
    505
    Trophy Points:
    113
    Location:
    Nevada
    I know of one online book who advertises themselves as open to arbs.

    There is maybe two major books who'd tolerate it on events (major NFL/NBA games) with extremely 'deep' pools.

    Otherwise, an arb operation that generates any amount of profit on just about any other book would find its action limits capped rapidly.
     
    Roswell Crash Survivor, Nov 30, 2013
    #5
  6. goanna

    goanna Member Silver Stacker

    Joined:
    Mar 31, 2013
    Messages:
    544
    Likes Received:
    0
    Trophy Points:
    16
    '
     
    goanna, Apr 6, 2014
    #6

Share This Page