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peoplj
25 Apr 12 23:14
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Date Joined: 23 Aug 11
| Topic/replies: 18 | Blogger: peoplj's blog
Not sure if it was an anomaly or if it happens frequently but you could back Bayern to win on penalties at 1.45 (after real had missed first) and lay them for 1.37 to qualify - free money? Anyone seen this before.?
It stayed this way across the shootout on both real and bayern with between 6-20 bps to me clipped. I ended up with 30% profit across both sides!

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Replies: 5
By:
kenilworth
When: 25 Apr 12 23:26
Well spotted, not too many would see it as it.
By:
viva el presidente!
When: 25 Apr 12 23:31
happens sometimes when the markets get a bit turbulent.

main problem is you can get stuck in a position if one of the prices disappears. which with an 8 second delay is pretty likely.
By:
peoplj
When: 25 Apr 12 23:35
this was going to be my next point, i was fully expecting it to correct quickly once the price disparity was seen by the market but with each goal it remained and actually widened. I was probably lucky that with the delay ( and in an event as fast moving as penalties) that i got matched and away...possibly would work a little better if you could set the prices before and then get matched automatically once prict took ( would need a little bit of a crystal ball however! ) maybe wishful thinking and i can see the risks you point out but was a winner this eve so may take my cash and run!
By:
kenilworth
When: 25 Apr 12 23:48
I think these opportunities are there occasionally and as the man says,
happen when things are a bit turbulent. I usually scrutinise certain
markets in the last 30 mins but mainly looking to simply back or lay
in those markets, arbing not something I look for. As you say, take
the money and run !!
By:
viva el presidente!
When: 26 Apr 12 01:17
the real skill is being able to spot on the fly which side of the arb's value, and take that first. then if you get stuck in the position it's not really a problem so long as your staking's okay.

but obviously that's a lot harder than spotting that two numbers which ought to be the same aren't.
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