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jay santos · 05-22-2008, 04:20 PM

http://en.wikipedia.org/wiki/Arbitrage

example, you bet on BYU +5, the line moves to BYU even. at that point you bet against BYU. if there are no transaction costs, you break even if BYU loses by more than 5 or wins, but you win if BYU wins by 1-5.

05-22-2008, 04:20 PM	#4
jay santos Senior Member Join Date: Jan 2006 Posts: 6,177	http://en.wikipedia.org/wiki/Arbitrage example, you bet on BYU +5, the line moves to BYU even. at that point you bet against BYU. if there are no transaction costs, you break even if BYU loses by more than 5 or wins, but you win if BYU wins by 1-5.