I'm really new to the concept of arbing, but it seems like a huge moneymaker when done correctly. My question is - how can you compute the optimal profit for an arb?
I'm going to give an example. Lets say Pinny has
Pacquiao -300
Mayweather +280
and a "square" book has
Pacquiao -250
Mayweather +220
Obviously there is an opportunity to arb with taking Pacquiao -250 and Mayweather +280 but how can you compute the amount needed to get the best profit