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Author Topic: ELI5 arbitrage betting :)  (Read 123 times)
Red-Apple
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March 23, 2017, 12:51:28 PM
 #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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bitjoin
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March 23, 2017, 01:05:08 PM
 #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.


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March 23, 2017, 01:07:38 PM
 #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.
eternalgloom
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March 23, 2017, 02:38:45 PM
 #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.


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