Forums  > General  > Seeking alpha out of the Casino/Gambling Websites...  
     
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flex_lev


Total Posts: 2
Joined: Mar 2018
 
Posted: 2018-03-28 21:33
Do some people here have experience generating alpha (positive return) consistently out of Casino Games (other than the Zero Sum Games : Poker...) or Gambling Websites?

tradeking


Total Posts: 15
Joined: May 2016
 
Posted: 2018-03-30 16:55
Yes. Lots of inefficiencies to be found on some betting platforms.

AB12358


Total Posts: 51
Joined: Apr 2014
 
Posted: 2018-03-31 03:32
I know they put a lot of effort in to detecting and excluding arbitrageurs and the like on sports betting websites.

Given that, is it worth the effort to attempt to exploit those inefficiencies?

tradeking


Total Posts: 15
Joined: May 2016
 
Posted: 2018-03-31 04:41
> Given that, is it worth the effort to attempt to exploit those inefficiencies?

As with any niche market, the alpha is probably not big enough for the big shops to bother with, but that is precisely why the edges are there. Even relatively simple strategies could work in these markets.

flex_lev


Total Posts: 2
Joined: Mar 2018
 
Posted: 2018-04-12 19:22
How much money can you make out of it?
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