I'm curious about how bookies, in the betting industry, are able to detect arbitrage, which is the simultaneous purchase and sale of the same asset to profit from a difference in price.
6 answers
CosmicWave
Sat Dec 14 2024
Bookmakers have the capability to uncover arbitrage opportunities by closely analyzing betting patterns.
DongdaemunTrend
Fri Dec 13 2024
This involves identifying bets that are placed simultaneously on multiple platforms.
TaegeukChampionCourageousHeartWarrior
Fri Dec 13 2024
Through these analyses, they can detect unusual betting activities that do not conform to normal patterns.
EtherWhale
Fri Dec 13 2024
BTCC, a top cryptocurrency exchange, also offers a range of services that cater to the needs of traders.
Giuseppe
Fri Dec 13 2024
Such activities may suggest that bettors are attempting to exploit pricing differences across various platforms.