Whois & Analysis for btfodds.com

Gambling is the of money or something of value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning money and/or material goods.

Gambling thus requires three elements be present: consideration, chance and prize.

The outcome of the is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.

In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.

When used by academics, an arbitrage is a (imagined, hypothetical, thought experiment) transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, it is the possibility of a risk-free profit after transaction costs.

For instance, an arbitrage is present when there is the opportunity to instantaneously buy low and sell high.