Cryptocurrency Q&A How do bookies detect arbitrage?

How do bookies detect arbitrage?

Tommaso Tommaso Thu Dec 12 2024 | 6 answers 1164
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. How do bookies detect arbitrage?

6 answers

CosmicWave CosmicWave Sat Dec 14 2024
Bookmakers have the capability to uncover arbitrage opportunities by closely analyzing betting patterns.

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DongdaemunTrend DongdaemunTrend Fri Dec 13 2024
This involves identifying bets that are placed simultaneously on multiple platforms.

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TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Fri Dec 13 2024
Through these analyses, they can detect unusual betting activities that do not conform to normal patterns.

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EtherWhale EtherWhale Fri Dec 13 2024
BTCC, a top cryptocurrency exchange, also offers a range of services that cater to the needs of traders.

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Giuseppe Giuseppe Fri Dec 13 2024
Such activities may suggest that bettors are attempting to exploit pricing differences across various platforms.

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