What is a Sports Betting Rick?
Each major sporting event or match is priced up by hundreds of internet bookmakers. We constantly scan those prices from more than 100 of the major ones and regularly we find that one or two bookmakers are offering a price about one of the outcomes which is massively out of line with other bookmakers, If the event is a tennis or soccer match or anything that has a limited number of outcomes then we have an arbitrage opportunity and we can lock in our profit at the outset. If, however, that event has many outcomes like the winner of a league or cup competition or a tennis or golf tournament then clearly it isn’t practical to take advantage of the out of line price by backing all the other possible outcomes. Clearly the bet has a positive expectation but if we are to take advantage of the opportunity then on some occasions we must accept that for each event we risk losing our stake money but in the long run a sequence of bets at out of line prices will prove profitable. Note that we can
