sports arb

[Mr_J]

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where are you going to find vastly different spreads now?

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Online.

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you are fighting the juice all the time. so it's not really arb.

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Plenty of promotions out there, whether it's free points, low vig etc. Nice for rolling over bonuses.

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Running with Mark Cuban's hedge fund idea?

I read recently that someone actually did take his idea from his blog last year and start one up. Cuban said he didn't know who or care, though, and had given up on the idea. I keep meaning to google around and figure out the outfit, but never seem to get around to it.

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was cuban arb though? or was he just going to make bets? i think he found out the market isn't that liquid and there's lot of juice.

forbes had an article maybe late 80's early 90's about a guy in vegas who arb'ed spreads on games (i.e. play lakers in chicago, play bulls in L.A., and try for double win in the middle)

but i have to figure that online is now the standard. are there still major bookies at your local bar? i don't know. but i think the arb was from a very localized betting market.

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Yea, Cuban was arb. I heard him interviewed shortly after he posted his hedge fund idea on his blog, and he explicitly stated the goal would be to make money on arb opportunities and not 'just' picking winners, if you will.