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12 Nov 09 11:03
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Date Joined: 07 Aug 06
| Topic/replies: 19,297 | Blogger: Alex the old wrinkled retainer's blog
I have just found one with a 15.2% advantage. I don't want to publish it here as I want to work those markets a bit more, however I am happy to share with like minded and sharing people on IM.

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Replies: 180
By:
jonnyg
When: 12 Nov 09 11:06
hello
By:
1.01 Layer
When: 12 Nov 09 11:10
What's IM, Alex?
By:
boxingthefox
When: 12 Nov 09 11:41
Hi Alex, I don't post on here (much) any more, but just wanted to hello, and wish you all the best for Christmas and the new year, hope your keeping well. Cheers.
By:
mitchell downie
When: 12 Nov 09 12:11
Hi btf, wondered where you'd been of late. All the best mate (cannyman)
By:
Coachbuster
When: 12 Nov 09 12:21
Surely with the pc the markets are now overarbed to the point where its futile ?
By:
Alex the old wrinkled retainer
When: 12 Nov 09 12:22
It is still there coachbuster.
By:
1.01 Layer
When: 12 Nov 09 12:25
Where's the arb? pretty please.
By:
diggler
When: 12 Nov 09 12:25
15% alex seems alot. you sure you're not missing something?
By:
Alex the old wrinkled retainer
When: 12 Nov 09 12:26
boxingthefox 12 Nov 12:41
Hi Alex, I don't post on here (much) any more, but just wanted to hello, and wish you all the best for Christmas and the new year, hope your keeping well. Cheers.




Very well. Thanks for the wishes and consider them reciprocated.
By:
Alex the old wrinkled retainer
When: 12 Nov 09 12:27
I am convinced. Like for like it is.
By:
IanP
When: 12 Nov 09 12:28
15% is no good if you have got to pay 20% should the lay lose.
By:
Alex the old wrinkled retainer
When: 12 Nov 09 13:01
IanP 12 Nov 13:28
15% is no good if you have got to pay 20% should the lay lose.




It is an arb on betfair. Impossible to lose it is.
By:
diggler
When: 12 Nov 09 13:06
how long till the market closes and you can reveal all?
By:
Alex the old wrinkled retainer
When: 12 Nov 09 13:12
Within 7 days.

One of the prices is wrong.
By:
1.01 Layer
When: 12 Nov 09 13:16
re you going to give us a clue as to where to find it?
By:
1.01 Layer
When: 12 Nov 09 13:17
re = are
By:
Alex the old wrinkled retainer
When: 12 Nov 09 13:23
1.01 Layer 12 Nov 14:16
re you going to give us a clue as to where to find it?



Not here, no.

I give enough in the vain hope of getting something back and what goes out I don't think is reciprocated. I am prepared to disclose on IM on the basis that it is controlled and in the future similar opportunities can be shared in a controlled manner.

If I disclose this publicly some big hitter will take the lot and I want to gently maximise it.
By:
1.01 Layer
When: 12 Nov 09 13:24
That's fair enough, Alex. What is IM though?
By:
1.01 Layer
When: 12 Nov 09 13:28
If IM is instant meesenger, could you let me know on elpadjw@h o t mail.com. Thanks a lot.

I'll gladly endeavour to reciprocate, when something crops up.
By:
Alex the old wrinkled retainer
When: 12 Nov 09 13:31
Done.


It is telling me that windows live is not available right now but the invitation will be sent idc.
By:
IanP
When: 12 Nov 09 13:47
How does it avoid the PC if it can't lose on Betfair ?
By:
1.01 Layer
When: 12 Nov 09 13:55
The idea, Ian is that you lose on one market (and generate commission) and win on the other, covering your loss and paying a bit more comm, thus reducing the pc.
By:
Alex the old wrinkled retainer
When: 12 Nov 09 14:00
And if you can generate a net profit at the same time, so much the better.
By:
overskud
When: 12 Nov 09 15:31
Hi Alex u r basicly right , but there is one little problem : If all the wins happen to come on Betfair and all the losses come at the bookies it will only increase the PC.
By:
aye robot
When: 12 Nov 09 15:48
What Alex is talking about is arbing within Betfair using related markets, eg using 0-0 against total goals.
By:
lippy
When: 12 Nov 09 15:52
Also at final time in tennis tournaments etc there is the final match market and the competition winner market.
Back one player on the match market and back the other player to win thhe competition
By:
curlywurly
When: 12 Nov 09 16:00
and if one of them retires in the first set?
By:
Jinxy1
When: 12 Nov 09 16:13
Please people be aware of being 'groomed' by a perennial email address collector. He is well known for this on other forums. Take care if giving your email addy to this guy, you have been warned.
By:
birch2
When: 12 Nov 09 16:20
Congrats on finding this 15.2%, which im sure you have taken advantage of, but my nagging feeling is that there cant be enough liquidity to make this post worthwhile - why would you share it anyway?

Also, I've looked for these for years and can never, ever recall anything above 10% on related markets - like diggler, are you sure there isnt another 'element' to one of the markets? , or simply one layer has made a mistake, for a stagnant amount of cash?
By:
IanP
When: 12 Nov 09 16:23
If you back in the match and lay in the outright, how does this save you anything ? Your profit remains the same, so Betfair will still want your total commission to be made up to 20%. All you seem to have done is replaced some of the PC with normal commission. I must be missing something.
By:
chop180
When: 12 Nov 09 16:25
Simply winning on one market and losing on another to reduce PC, eg total goals and under/over 2.5 goals is not arbing as you do not guarantee a profit from the bets themselves. Might well work though, any mathematicians on here?
By:
chop180
When: 12 Nov 09 16:27
IanP, because you are given implied commission on your losses as well as actual commission on wins?
By:
Don No1
When: 12 Nov 09 16:40
Would require big stakes to eat into the PC and often you arn't going to get a perfect arb
By:
jonnyg
When: 12 Nov 09 16:57
i am looking for it now.

think i am very cold.

not getting warmer.
By:
Alex the old wrinkled retainer
When: 12 Nov 09 17:11
Gone now. However you can safely consider jinxy to be a total pra@tt.
By:
IanP
When: 12 Nov 09 17:13
chop, only 1/2 of your actual commission counts though, doesn't it ?
By:
overskud
When: 12 Nov 09 17:17
Ty Aye robot and Lippy , u r right I did not catch the internal Betfair part , even tho I use the method a lot myself!!!!
By:
chop180
When: 12 Nov 09 17:18
Fair enough, haven't looked into it to a great extent.
By:
Alex the old wrinkled retainer
When: 12 Nov 09 17:39
birch2 12 Nov 17:20
Congrats on finding this 15.2%, which im sure you have taken advantage of, but my nagging feeling is that there cant be enough liquidity to make this post worthwhile - why would you share it anyway?

Also, I've looked for these for years and can never, ever recall anything above 10% on related markets - like diggler, are you sure there isnt another 'element' to one of the markets? , or simply one layer has made a mistake, for a stagnant amount of cash?





biirch2,

I did not share it. I talked with 1.01 layer on IM and we concluded that my maths was right and I just topped up.
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