4 ms·
> I was under the impression bookies placed bets with each other to even out those risks, specifically to avoid creating arb opportunities. Doesn't that just m
by robertlagrant 2y ago
> I was under the impression bookies placed bets with each other to even out those risks, specifically to avoid creating arb opportunities.
Doesn't that just mean they don't lose money? You can still make money as a punter in that scenario?
- kqr 2y agoMy intuition is that it would mean these underpriced outcomes would go away.