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"6 Predictive Market Arbitrage Strategies Anyone Can Learn" Applicable to polymarket, opinion, Kalshi, and any other prediction markets 1️⃣ Three-choice Market Arbitrage Exists only in markets with mutually exclusive and exhaustive outcomes like "Win / Lose / Draw" (commonly seen in sports events). Arbitrage opportunities arise when the following conditions are met: Team A wins + Team B wins < Draw That is: as long as the probability of A winning + B winning <