Hacker News new | ask | show | jobs
by tpm 2864 days ago
> why not lay down your own bets at competitors?

It's not worth it. Even if they don't ban you outright, the stakes/winnings are very limited for that kind of thing to make sense. And then there are odds data services like Betradar which provide every subscribing bookmaker with enough near-live data to instantly improve their prices so as to make any arbitrage very hard. (source: worked at several bookmakers)

1 comments

Gotcha. I figured it was too obvious of an idea for people to not already have optimized it.

Interesting about bookmakers being subscribed to a common line feed. I didn't know that, but it makes sense in a borderless-money, networked world.