I'm trying to understand how to spot an arbitrage opportunity. What are the key factors or characteristics that I should look for to identify such opportunities in the market?
5 answers
MysticEchoFirefly
Tue Dec 10 2024
Identifying the best odds is crucial in the process of seeking arbitrage opportunities.
MatthewThomas
Tue Dec 10 2024
It is important to check if the total sum of these implied probabilities is less than 1.
CryptoBaron
Tue Dec 10 2024
Once these odds have been determined, the next step involves calculating the implied probability.
LightWaveMystic
Tue Dec 10 2024
For decimal odds, this calculation is performed by dividing 1 by the given odds.
Valentino
Tue Dec 10 2024
After calculating the implied probabilities for all possible outcomes, they are summed together.