I have a quick question about the best time to put on pinnacle arbs. I have access to bodog lines through a local and when I say pinnacle arb I mean in the context that I only place bets where I am getting a better price than the no-vig pinnacle line. In theory, pinnacle lines in big markets are efficient so this is profitable. I do not bet both sides, just the inefficient line.
My question is on the time of day to place my bets. Lines are 5pm are sharper than 11am. If I see a 5 cent arb opportunity at 11am, should I bet my full unit right then? Or should I only be arbing afternoon and beyond lines? Is there a reasonable line to draw to put my bet down in the morning, say an 8 cent or better arbritrage or is it just better to stay away from arbing morning lines altogether? thanks
My question is on the time of day to place my bets. Lines are 5pm are sharper than 11am. If I see a 5 cent arb opportunity at 11am, should I bet my full unit right then? Or should I only be arbing afternoon and beyond lines? Is there a reasonable line to draw to put my bet down in the morning, say an 8 cent or better arbritrage or is it just better to stay away from arbing morning lines altogether? thanks