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> Is realtime sports betting even a thing? Yes. It’s a growth area in sports betting. > And if so is the liquidity and spread good enough to enter/exit say a
by csa 4y ago
> Is realtime sports betting even a thing?
Yes. It’s a growth area in sports betting.
> And if so is the liquidity and spread good enough to enter/exit say a $10,000 position that quickly?
In some sports, sure. Probably not in volleyball.
The threat in the field is that some people have a slightly faster access to info than others (3-5 secs for live versus broadcast, iirc).
If the result of an algo can push a betting line (e.g., predicting a tying point in a volleyball match), then automated bet placement software/script can make a prediction and get a bet in before the action is seen by bettors who are watching on broadcast.
Even without prediction software, this is a very real problem with real time sports betting right now. It seems like functional prediction software can make this knowledge gap larger.