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Anyone know about this???
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What is your question?
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Sports arbitrage..... i saw this thing on the net here about it saying that you win 100% of the time and this and that just was wondering if anyone else was exposed to it.Comment
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I have heard of it and many have too..
The way it works is finding spreads on different sportsbooks that create a no lose situation for the gambler.
That can be done by say having an acct with SIA (who is always a big fat FAV book..heavy favorite lines) and having a book with say 5 Dimes or Pinny..and here is an example:
Dallas -7
Utah +7
The idea is to find a book that has Dallas -7 with positive juice..say like +120 and a book that has Utah at anything under that..so say Utah +7 -105 or +100.
Or you get a line and it moves in your favor..for example, two weeks ago I got on the 49ers ML at -120 when the line was -1 I think..and by game time the same ML bet on Seattle was +135..and in this case I closed the bet and profited the +15.
There are sites that track arbitrage, showing books where these chances occur, but my little view is that these occasions dont come up that often. You have to wager a ton to make scratch doing arbitrage.
One other way is to have an acct with a live trading place and try and trade yourself to a flat position that makes a profit.
Sorry for the long response!Comment
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Not only is that a pain in the rear, but you will have to have numerous sportsbook accounts and a big fat wallet.Comment
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thanks for the info! was curious about it.Comment
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