Thursday, June 7, 2007

Keys to being successful at baseball arbitrage

Baseball arbitrage can be one of the best ways to make money, especially from a sports bonus arbitrage perspective. The key is to take full advantage of the books that offer good lines. By that, I mean the book that have small gaps between their prices (i.e- -125/+115), this is also known as a dimeline because there is a 10c gap between the 2 prices. This dimeline will be offered only on the money-line and not on the run-line or totals, these will generally have 20c pricing.

What about the sportsbooks that offer better than dimeline pricing? There are a few:

PinnacleSports:
Overnight Lines: Yes
Reverse Run Lines: Yes
5-inning lines: Yes: RLs, MLs & Totals
Reduced Juice Totals: Yes
Grand Salami Totals: Yes
Team Totals: Yes

.08 up to -190


WSEX

.07 up to -110 (only on money-line, though)


5dimes:

.05 up to -162 (overnight only on money-line)


For a solid all-around book, check out Wagerstreet. Wagerstreet is part of the Olympic group (thegreek and betjamaica). Wagerstreet offers dimeline pricing on money-lines, run-lines and totals all day long. Wagerstreet has a 20pct cash bonus for signing up. A real easy to navigate no-frills betting system, this books offers some of the best lines anywhere to arb from.

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