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Showing posts from September, 2023

Twitter Watch: Arbers are they value or not?

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A bit of discussion on twitter about arbers.  Not sure I was able to express myself properly in a tweet.  I can understand that an arber or even a pro bettor (or originator) can *sometimes* be giving you actionable or profitable information. I keep getting hit on such and such team, maybe I should adjust my ratings/odds.  Thanks for the info .  Going forward I will now be more confident in my prices take bigger bets and make more money. Or I have a huge liability on the local home team favourite.  I might be prepared to take a negative EV hedge to balance the book a bit.  Now I can offer the arbers an arbable and value price for them.  They take some.  Great, thanks , I've hedged my risk a little which will allow me more stable and constant profits. But sometimes they are not giving you anything useful.  The example I used was that of setting prices for overs/unders.  To take advantage of bettors bias you want to set a short price on th...