Arbitrage #35
nealmick
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Arbitrage is generally the concept that if someone is selling something for 15$ and someone is willing to buy that something for 20$, you can arbitrage the difference and profit 5$. In the context of sports betting this looks like a single event with a price on two books that deviate enough to place bets on both sides of the action and profit... The main constraint here is that opportunities disappear extremely quickly and by the time you look at the book lines there is high chance the odds have already changed and corrected. This is essential exploiting market inefficiency, as soon as someone bets on the opportunity the odds become equal again and there is no more opportunity... One of the main issues is sports books tend to ban for this, and it tends to be easy to spot. To maximize profit you must place a specific amount of your full wager on each side of the bet, like 172.35 or a specific number which is not human, also usually these opportunities are on un-popular events with low volume, again not human. ALL bookies ban for arbitrage, in-fact all vegas casinos ban for profit. Thats right if consistently win, without breaking any other rules or laws, you will bee inevitably limited, banned, or nicely asked to take your business elsewhere. Arbitrage is relatively simple concept, all of the complexity is in fast paced timing and not getting banned. Either way positive ev model betting still is inevitable ban with consistent long term-profits.
Soo i build an arbitrage tool, its pretty simple, currently you have to supply an api key from here:
https://the-odds-api.com/
but you can register a free key, and you can even use email generator and not your real email:
https://10minutemail.com/
Then just go here and paste the key from the email:
https://nbadata.cloud/predict/arb/
takes like probably 5-10 seconds to run soo it is working even if it doesn't instantly load the page.
I also made it so the api key is stored in your local browser cache not on the server... but there free keys anyways...
This is really basic currently, may add features if someone one wants. But currently it's basically a free version of odds jam!
To actually profit with this you would need accounts on the major book keepers with money waiting soo when there is an opportunity its all ready to go..... If you really start using this its almost guaranteed ban.
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