Is sports arbitrage better than investing in the stock market or in some other banking products?
When we talk about investment we are talking about putting in money that we are sure we will get back with interest. On this premise any activity which depends on incontrollable variables in order to make a profit and not lose your initial stake is not an investment it is a risk. We risk our money in order to gain more.With sport arbitrage we do not mean to risk anything. We play secure in the knowledge, from the offset, how much we will win. There are no variables that actually depend on our money.Compared to the products offered by the banks the evidence that this is a more profitable activity is greater still. Banking schemes, like arbitrage, do not contain risk, we are never going to lose our initial investment.However the interest offers on our money is at the most 8% per annum. An arb of 8% will give us the same profit in a few hours.
