
Total money you lost at sharpbooks is higher then your overall net profit last year?
Total money I lost at sharp books last year is slightly higher then my yearly profit.wibble wobble wrote: thought you had that question backwards! my results are pretty close profit coming out on top just, pinnacle amazing bookmaker how they do it and amazing that i love them even though they take a shed load of cash off me ha!, no wonder they love an arber! what were your results?
I disagree. My average arb is higher then this number but still..cristi13 wrote: Assuming that on average all the lines you take at the sharpbook are balanced, you lose 2.5-4% on every bet you place there by arbing, depending on juice. That is 1.25-2% of the total money invested. So if your average arb is lower than this, the answer is yes.
Easy answer. The bigger line movement means a higher %. Lines/odds change for a reason.cristi13 wrote: And what do you think is the reason for this? Sharp lines moving further more often than not? Sharpbooks offering lower odds on arb opportunities to make more profit?