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  • TensaZangetsu
    SBR High Roller
    • 08-05-08
    • 118
    #1
    Anyone??
    Hi All,
    Hope you guys can help me.
    Can tou tell me the difference between the exchange, ARB betting and a simple bet?

    I am still new at this and I'm a little bit confuse.
    Thanks
    "Sometimes I remember it one way. Sometimes another. If I'm going to have a past, I prefer it to be multiple choice!"
    Tags: None
    • bigboydan
      SBR Aristocracy
      • 08-10-05
      • 55420
      #2
      An exchange is like a broker. ARB wagering is making money without risking anything. A simple wager is betting on an event and hoping you win.
        Comment
        • AgainstAllOdds
          SBR Hall of Famer
          • 02-24-08
          • 6053
          #3
          Dan pretty much summed it up but just a few more details for ya...


          Exchanges you are offering bets to, and taking bets from other players. There is usually a percentage taken out from your winnings.

          An arb like dan said is two bets placed on opposite sides of a game and the outcome doesnt matter. Example

          you see over 45 +105 at betjam and under 45 +105 at the greek...you bet both sides and win a small amount no matter the outcome.

          Straight bets are self exlanitory. Pick a team to win.
          Originally posted by SBR_John
          AAO = good dude. Buying you a drink in Vegas buddy.
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