just found out people are betting on both sides of games and somehow making money from it??
thought betting was literally just trying to predict winners this whole time lol
then i randomly went down a rabbit hole on this arbitrage betting stuff and apparently people are finding situations where different sportsbooks have completely different odds on the same game
so they bet both sides and the gap between the prices is where the profit comes from
sounds fake as fuck at first but the more i looked into it the more it actually made sense
still wrapping my head around how sportsbooks can even let this happen tbh
ive also seen there's softwares/tools that just do all the maths for you.
was wondering if any one in here has heard of Arbitrage and maybe could recommend some tools or websites they have used.