Second , we model competition between multiple professional bettors and examine the effects of entry of professional bettors who play a Nash game in odds arbitrage .
the possibility that the single bettor may be faced with profitable bets on more than one horse .
We model competition between multiple professional bettors and examine the effects of entry of professional bettors who play a Nash game in odds arbitrage .
the possibility that the single bettor may be faced with profitable bets on more than one horse .