...stock betting. Everyone knows now for the last 5 years prices in the stock market moves due to the buying, shorting and selling of large volume units of stocks by computer generated orders run by algorithmns that investment companies have made to execute buy and sell orders in milliseconds.
Well one investment firm, Cantor Fitzgerald, has decided to take that algorithmn model to the betting world to determine lines and odds for real-time or LIVE betting on almost every single kind of sporting scenario possible for all sports.
This article below goes into some interesting and good detail about the matter:
It's about 5 pages long but a good read. Again the name of the game is getting a ton of people to bet on both sides of a line about as evenly as possible and getting them to bet a lot so the bookies make the money on the vig. The more volume....the more vig and thus long-term profit for the books.
Well one investment firm, Cantor Fitzgerald, has decided to take that algorithmn model to the betting world to determine lines and odds for real-time or LIVE betting on almost every single kind of sporting scenario possible for all sports.
This article below goes into some interesting and good detail about the matter:
It's about 5 pages long but a good read. Again the name of the game is getting a ton of people to bet on both sides of a line about as evenly as possible and getting them to bet a lot so the bookies make the money on the vig. The more volume....the more vig and thus long-term profit for the books.