What's Sports Betting Arbitrage? How Does It Work?
For example, most betting websites consider the 49ers to be 2-point favorites over the Chiefs — in other words, specialists anticipate them to beat the Chiefs by about 2 factors. So if you’re making a bet on the Niners towards the spread, they have to not only win the sport but win by greater than 2 factors. A “point spread” is a time perio