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Sports Arbitrage - Riskless Investment
 
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Sports Arbitrage - Riskless Investment [Paperback]

George Lynam
3.4 out of 5 stars  See all reviews (5 customer reviews)
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Sports Arbitrage - Riskless Investment + Sports Arbitrage - How To Place Riskless Bets & Create Tax-Free Investments + Mastering Betfair
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Product details

  • Paperback: 112 pages
  • Publisher: Lulu.com (21 Aug 2007)
  • Language English
  • ISBN-10: 184799931X
  • ISBN-13: 978-1847999313
  • Product Dimensions: 22.9 x 15.2 x 0.7 cm
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Bestsellers Rank: 300,594 in Books (See Top 100 in Books)

Product Description

Product Description

This is the most comprehensive book yet written on the subject of sports arbitrage. It provides the theory and practice of this riskless investment and with many examples shows how it is possible to generate a substantial income even from a small starting bank. Many of the opportunities outlined have never been published before and it delves into the mysteries of 'synthetic arbitrage' and 'each-way arbitrage' amongst many other techniques. If you want to take a look into the exciting world of riskless sports investment, whether you're a beginner or professional, then this book is for you. You're guaranteed to learn something new.

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Customer Reviews

Most Helpful Customer Reviews
1 of 1 people found the following review helpful
Lynam is clearly an expert and offers a wealth of strategies for arbitraging in sports, including horse racing (on which there is very little published material). He also includes many examples, and handy practical tips.

As another reviewer has already noted, however, straightforward arbitrage is becoming very difficult because of the growing number of arb-detecting subscription services, which has reduced arb lifetimes to less than 15 minutes on average. This has also made these "risk free" techniques increasingly risky, as there is a growing danger of failing to complete the arb before it disappears, leaving you with a conventional - and risky - bet involving large sums of money.

Only more esoteric arbs have much chance of working out these days, and while Lynam does include some of these, only readers confident in their algebraic abilities (and, increasingly, VisualBasic and Excel in order to program bots) will really be able to make this technique work for them.

In short, recommended - but be prepared to put in some hard work to turn the advice into profits.
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A well written book that shows with good examples how sports arbitrage works. He also points out the pitfalls and traps to watch out for and is realist enough to explain how difficult it is to make consistent profits. If you're thinking of trying your hand at arbitrage, this is a great place to start.
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This book is excellent but sadly no longer relevant as the arbitrage situations are much less than they used to be and last for very short periods of time.
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