Post
Topic
Board Gambling
Re: Stop gambling your coins unless you're playing for entertainment!
by
DannyHamilton
on 18/10/2012, 17:48:17 UTC
Where the hell do you find a gambling service that has a positive EV?
* play on a site which allows you to place bets against other players, rather than against the house.  spot good value bets and profit from them. . .
I believe that this example is called "arbitrage" and is occasionally used in sports betting (or other gambling where the payoff odds on the same event can differ between multiple bookmakers).