Arbitrage Between Sportsbooks and Betting Exchanges
Structural differences between platforms make most calculated arbs unprofitable in practice.
Mei-Ling Tso
Editor at Large
Mei-Ling Tso covers betting exchanges and prediction markets for The Event Contract.
6 stories
Structural differences between platforms make most calculated arbs unprofitable in practice.
Read the order book to spot professional bettors before recreational sportsbooks do.
Fee structures vary enough between exchanges to swing a betting strategy from profit to loss.
How order book depth signals price moves in prediction markets, if you know what to ignore.
Latency masquerades as information, and sharp bettors profit from the gap.
Spreads determine whether patient makers profit or impatient takers lose money.