Define scalping please....

[peteep]

I see this term being thrown around a lot. From my understanding, it is a way of hedging a bet? Can someone expand please?

 

[jwunderdog]

example yesterday:

One book had the Minn Game -123,+113. another book had Minn -110, +100. You bet risk free taking +113 at one book and -110 at the other locking in $3.00 profit. Not a lot of money but if you add a 0 to it then you got $30.00. Also good for meeting bonus requirements.

 

[peteep]

Gotcha. I'm not one who compares a whole bunch of lines.......how does one go about looking for these situations like the one you described? Do they occur daily?