There must be a catch?

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There must be a catch?

Postby Dr Evil » Tue Mar 17, 2009 10:18 am

Is Arbitrage betting a foolproof system? Or is it so complicated as to be too much like hard work? Having spent a long time on my quantum predictor, I was surprised to see a method involving no complicated prediction, just exploitation of different odds between bookies.



http://en.wikipedia.org/wiki/Arbitrage_betting
Last edited by Dr Evil on Wed Mar 18, 2009 6:14 am, edited 1 time in total.
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Re: There must be a catch?

Postby JackT » Tue Mar 17, 2009 10:31 am

Dr Evil wrote:Is Arbtirage betting a foolproof system?


Yes.
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Postby black francis » Tue Mar 17, 2009 10:41 am

There's not many things more fun than sports betting.

I noticed it goes well with drug addiction as well!
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Postby withahip » Tue Mar 17, 2009 10:44 am

This is what a friend of mine does and he is doing well despite the market.
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Postby black francis » Tue Mar 17, 2009 10:50 am

Jack and withahip, may I suggest a hold on our bounty hunter/fish boat captain plans and propose we become arbers?
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Postby Epsilon » Tue Mar 17, 2009 11:29 am

Arbitrage trading takes advantages of pricing that is out of equilibrium,
where supply and demand forces are at play. If you can determine quickly
enough that a currency or commodity can be traded to bring it back to its
intrinsic value, then large profits can certainly be made. But, you always
run the risk of the trade going against you, if you're not quick enough.
Markets rarely let arbitrage opportunities last very long, but inefficiencies
exist until exploited.
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Postby withahip » Tue Mar 17, 2009 11:58 am

black francis wrote:Jack and withahip, may I suggest a hold on our bounty hunter/fish boat captain plans and propose we become arbers?


Jack - you take care of the math - BF and I will count the money.
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Postby withahip » Tue Mar 17, 2009 12:02 pm

Epsilon wrote:Arbitrage trading takes advantages of pricing that is out of equilibrium,
where supply and demand forces are at play. If you can determine quickly
enough that a currency or commodity can be traded to bring it back to its
intrinsic value, then large profits can certainly be made. But, you always
run the risk of the trade going against you, if you're not quick enough.
Markets rarely let arbitrage opportunities last very long, but inefficiencies
exist until exploited.


The friend I mentioned runs a computer program (algorithm he says) his friend made. Somehow the positions are staked and then when the inefficiencies occur the holds, puts , or whatever are bought or sold or, again, whatever. It has been explained to me numerous times by him and this is as much as I can remember. Yet, I can explain the first twenty issues of the X-Men spin off The New Mutants that was printed over thirty years ago in precise detail.
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Postby black francis » Tue Mar 17, 2009 12:32 pm

withahip wrote: It has been explained to me numerous times by him and this is as much as I can remember. Yet, I can explain the first twenty issues of the X-Men spin off The New Mutants that was printed over thirty years ago in precise detail.


And much like your posts, nobody pays attention
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Postby withahip » Tue Mar 17, 2009 12:39 pm

black francis wrote:And much like your posts, nobody pays attention


Oh you big whiny woos.
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Postby JackT » Tue Mar 17, 2009 12:53 pm

That is so adorable; your times of the month have become synchronized.
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Postby black francis » Tue Mar 17, 2009 1:10 pm

withahip wrote:Oh you big whiny woos.


It never bothered you before.
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Postby black francis » Tue Mar 17, 2009 1:11 pm

JackT wrote:That is so adorable; your times of the month have become synchronized.


It's our goddess powers bringing us closer together and as usual you're on the outs.
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Postby withahip » Tue Mar 17, 2009 1:39 pm

black francis wrote:It's our goddess powers bringing us closer together and as usual you're on the outs.


Who are you talking to?
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Postby black francis » Tue Mar 17, 2009 1:46 pm

withahip wrote:Who are you talking to?


Not here!
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