I'm sorry, i think you misunderstood me from the beginning, let me explain in a simpler manner.Yngwie/Sawyer wrote: Since money flows from softbooks to sharpbooks, every arber's softbook balance will up positive and sharp book balance will be negative.
You mean your sharpbook balance (just arbs) is positive? For how long? Speak in numbers.
The juice in the sharpbooks varies from 2.4% to 4%, maybe even higher. If you make an arb that is on a line with 3% juice, you simply lose 3% of the sharpbook bet.
Let's take an arb example:
€50 at softbook
€50 at sharpbook
So, a total of €100
You lose exactly €1.5 at the sharpbook (3% of €50).
So, for Net Profit to be higher than Sharpbook Loss you need to win more than €1.5, and since you invested €100, that is 1.5%