Whats an arb? And why would you be seen as shrewd if you back a top price as the bookie is making something top price for a reason?
Arbing is when you bet on different results with different bookies guaranteeing yourself a profit.
Not really, a lot of football betting etc is very automated, if you only go to a bookie for a top price it's clear you shop around, not the type of customer they want.
Arbing is when you bet on different results with different bookies guaranteeing yourself a profit.
Not really, a lot of football betting etc is very automated, if you only go to a bookie for a top price it's clear you shop around, not the type of customer they want.
Is that kind of like dutching?
Yeah that makes sense for punting on team sports alright. I was looking at it from punting on horses where a bookie will offer top price on a horse because they take the view it won't win due to the track, the going or the conditions of a particular race etc.
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