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Antepost: Rounding Up the Best Betting Markets

by Roy Brindley |  Published: Aug 01, 2009


Arbing You can argue day and night that poker is a game of skill. However, at the end of any one of those given days, no matter how well you play, you can still be a loser. You can argue that gambling is a mugs game, but on any given day, done correctly, you will prove otherwise. How can that be? The answer: Arbitrage. Dictionary definition: (n.) The simultaneous purchase and sale of the same securities, commodities, or foreign currency in different markets to profit from unequal prices. Of course the majority of us will be more inclined to place bets on sporting events rather than trade the global currency and commodity markets, but thankfully, all the principles are the same. Betting arbitrage opportunities arise in betting markets due to either bookmakers’ different opinions on event outcomes, or plain errors. In short, through shopping around the scores of high street and ...

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