From opinions to mathematical certainty
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Sports arbitrage is a balancing activity of differences in one or more bookmakers’ odds on the same event.
Bookmarkers are involved in bets for many sport events and the amount of data they have to analyse for odds’ determination is huge and often disputable.
It’s quite easy and sometimes inevitable to commit evaluation errors on outcomes or calculation errors on odds.
Making mistakes and having different opinions create differences in odds, and these create betting opportunities.
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