The Pros And Cons Of Arbitrage Betting
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r>Sportsbooks typically set odds so that they have even dollars wagered on each sides. There are times when sportsbooks have different odds from 1 another and this results in an chance to arbitrage a game. In the simplest form, the sports arbitrage betting opportunity exists when the betting exchange lay odds accessible are significantly less than those offered by the bookmaker. For instance, in horse racing, if the lay odds are at 9. and the odds provided by the bookmaker has 10. then you have an arb chanc
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So if you have 10 to 20 players to start and they bet $500 to $1,000 a game you should have at least a 10k bankroll, because your players could easily get lucky the first couple of weeks and start off winning. Also, players that bet $500 to $1k a game can easily win a few thousand dollars
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