Massive Hedge Opportunity on ufc132 -165/+210

[SwoopAE]

http://bestfightodds.com/

Look at Silva/Leben

I was going to bet this myself but I have no idea if I can bet from aus on US sportsbooks etc

UFC 132

Silva is -165 on Bookmaker
Leben is +210 on BetUS

I'd imagine this wont exist for long

Anyone want the free money? I'd do it myself but my credit card limit is 1500/day so not worth the hassle pulling money off site etc since id have to create accts on both

This has been a public service announcement from SwoopAE if you get lots of free money you owe me a beer.

[killcrazy]

two things.

firstly, i've heard bad things about betus.com. to describe them as shady would be an insult to the guy selling watches out of his coat.

secondly, that's a pretty obvious palp, they've typed the odds for the wrong fight in or something of this nature. if you try to arb this you could find yourself sitting with a huge bet on silva and your bet on leben cancelled.

if you really want to bet this, then just take the value. that way if betus.com cancel your bet you aren't left sailing in the wind.

oh also, this isn't a hedge, it's an arb. arbitrage is trading the same thing on multiple markets taking advantage of price differences ensuring a profit with zero risk. hedging is buying a position in a second market to limit exposure to risk. ie you have a 7 horse acca on philly, pittsburgh, boston, washington, nashville, detroit and san jose at 25/1, today you are going to hedge by backing tampa and montreal. often in hedging you give up long term ev but by minimising risk you see continuous growth and are ultimately more profitable. kelly criterion etc.

Kc

[SwoopAE]

Yeah cool thx for the post KC

In any case it STILL seems to be up a couple hours later. Will be interesting to see if it gets canceled or what - I mean it isnt a small gap either its +210 vs -165

[Ozone]

Originally Posted by killcrazy

firstly, i've heard bad things about betus.com. to describe them as shady would be an insult to the guy selling watches out of his coat.

This. You really gotta be careful, Swoop. If it gets below a B on this page, you shouldn't trust them with your money.

[SwoopAE]

As I said I don't know enough about it to make it worth my while but was just putting the info out there since it seemed like the odds were way off.

[kid hustlr]

glad u called swoop on the hedge thing kc i was calling it an arb and he kept calling it a hedge and it was tilting me

[SwoopAE]

fkn sports bettors and their terminology

i'm gonna start calling my postflop bets raises now to tilt everyone

[Snaggle]

Originally Posted by Ozone

This. You really gotta be careful, Swoop. If it gets below a B on this page, you shouldn't trust them with your money.

Ozone are you doing arb trading and is it legal or at least easy to book bets for Americans if so?