06 April 2011

Arb Finder Arb Types explained

Arb Finder Arb Types explained:

Asian Handicap

Asian handicap is a special sort of handicap where the possibility of
a draw in soccer game is eliminated.

3 Way Handicap

Asian Handicap betting reduces the possible number of outcomes from
three (in traditional 1X2 wagering) to two by eliminating the draw
outcome. This simplification delivers two betting options that each
have a near 50% chance of success.

Double Chance

Occasionally, bookmakers may reduce the 3 outcomes for a football
match to 2, by what is known as 'Double Chance' betting, where a
single price is offered on a win or draw. If the backed team wins or
draws, the bet wins; if the team loses, so does the bet. With double
chance bets there is no possibility for the draw. The win/draw odds
will always be shorter than for both the individual win and draw odds,
because the chances of either outcome occurring are greater than for
each one separately.

Under-Over

An over-under or over/under bet is a wager in which a sportsbook will
predict a number for a statistic in a given game (usually the combined
score of the two teams), and bettors wager that the actual number in
the game will be either higher or lower than that number.

DrawNoBet

Draw No Bet means hedge against the draw.


P.S. How to find 2X bet in Pinnacle/Betfair? 

X2 Pinnacle = F2(+0.5)  that means handicap on team2 (+0.5)