inwestart
09-26-2004, 11:39 AM
Let's review what arbitrage trading is all about.
It is NOT gambling. Gambling is when you place a bet on an event where there is a percentage of risk involved. Like a horse race for instance. If there are 12 horses in a race, you have a one in 12 chance of winning. Right?
Arbitrage is different. With an arbitrage you have a 1 in 1 chance of winning... You WIN every time!
An arbitrage occurs in sports when bookmakers offer odds for competing teams and have a mathematical difference of opinion about how they think the event will turn out.
When two different bookmakers offer odds, that when combined comes to less than 100%, an arbitrage (or arb) is created. You can place a bet with two different bookmakers, one for each team, and come out ahead regardless of the outcome of the event.
The reason you win every time is because you always back the winner. You also back the loser, but the odds combination - the arbitrage - makes it so you are paid MORE for the winning team payment than the amount you placed on the event in the first place.
SureBetPro makes the sophisticated calculations for you by finding the right combinations automatically.
You can read more about it at my web site:
http://inwestart.riskfreeprofit.com
It is NOT gambling. Gambling is when you place a bet on an event where there is a percentage of risk involved. Like a horse race for instance. If there are 12 horses in a race, you have a one in 12 chance of winning. Right?
Arbitrage is different. With an arbitrage you have a 1 in 1 chance of winning... You WIN every time!
An arbitrage occurs in sports when bookmakers offer odds for competing teams and have a mathematical difference of opinion about how they think the event will turn out.
When two different bookmakers offer odds, that when combined comes to less than 100%, an arbitrage (or arb) is created. You can place a bet with two different bookmakers, one for each team, and come out ahead regardless of the outcome of the event.
The reason you win every time is because you always back the winner. You also back the loser, but the odds combination - the arbitrage - makes it so you are paid MORE for the winning team payment than the amount you placed on the event in the first place.
SureBetPro makes the sophisticated calculations for you by finding the right combinations automatically.
You can read more about it at my web site:
http://inwestart.riskfreeprofit.com