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JML, you are quite correct in what you say. This 'alex' guy was exposed on the footy forum ages ago as a £2 punter after starting a thread similar to this about the 'next Ryder Cup captain' after looking into his claims it turned out that only £1500 had been matched on the whole market at that time, and more to the point only £4 had been traded at the price he quoted !!! Not to be trusted at all.
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While I don't want to get involved in a forum squabble, because I'm too busy gambling, I should shed some light on this.
I don't think Alex communicated his points too well but he was not bullsh!tting. In the rounds market there were 3 £1000 lumps to lay at prices of 15 and 16 , which is where he's possibly getting his 45k figure from. You could get up to 20s on the high st and needless to say all the money was taken in the end. I only had a bit (I made £4.72) so I know it was genuine and although I didn't quite know where he was coming from at times, I had no reason to assume that Alex was talking cr@p. |
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LOL
How do you get 3 lumps on 2 prices? |
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It is entirely possible for 2 selections to be the same price.
I hope that helps. |
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It was round 7, round 8 and round 9. A grand on each, at prices between 14 and 16.
The arb was to take those 3 lays and back Group betting rounds 7-9 at 5.7. Sorry if my lack of clarity confused you. You sound like a very suspicious sort. Now, if I can get back to my betting... |
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There were some extremely low prices matched on purple for those rounds as well.
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A lesson learned Ian, thanks. I did put some prices up over there but then I convinced myself that there was insufficient volume to allow me to green up so I didn't pay attention.
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2 posts-so many contradictions.
The prices have gone from 15 and 16 to between 14 and 16. 20s on the high street has become 5.7 on here. |
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I am concluding that you are a bit fick JML.
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Pacquiao Round 7 * 14.50 18.30 Lay 18.30
Pacquiao Round 8 * 14.50 18.30 Lay 18.30 Pacquiao Round 9 * 15.00 17.69 Lay 17.69 Pacquiao Round 7-9 * 5.70 47.26 Back -47.26 Hope that helps. |
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That will have completely blown his mind. ;)
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You can lead a horse to water...
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Finally everything has been cleared up.
There was an arb but one side was available for a tiny amount. 3% profit before commission and just over 1% after commission. Even if both sides had been available it wouldn't require more than £15K. The sensible option would have been to lay the incorrect prices for as much as possible. A much higher T/O and a much higher profit margin. |
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Or do both. Which is wot I did.
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all adds up :)
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Here is one chaps. Sky and here.
Lay at 1.41 here and back at 1.8 with sky bet. http://sports.betfair.com/Index.do?mi=100940980&ex=1&origin=MRL |
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:^0 £5 matched at 1.41 lol...its 1.66 to lay !! and just £545 matched on the whole market, PMSL.
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And the market hasn't moved one iota, you are such a big player alex :^0
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£147 matched at 1.31. Backable with skibet at 1.8. Free money is free money.
Jinxy too busy stalking and giggling to himself to make money. What a prize plank. |
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whats pc mean
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jinxy is a plank indeed.
PC means premium charge. Arb it for free money or take a risk on a price movement. Take your choice was this was fred about. Or a bit of each? Or are we getting too tricky now? |
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So shall i continue Mr 1.01 and ignore the plank? Or plough furrows elsewhere?
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sorry but cant expect t be taken seriously when an advised bet is at skybet
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WHAT SHOULD I DO GASHWAN?
Develop the opportunities or hide away? |
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GASHWAN
This is where the sensible people talk my old plaguerist friend. |
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plaguerist?
Has he got the plague? |
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Alex the old wrinkled retainer 18 Nov 21:06
GASHWAN This is where the sensible people talk my old plaguerist friend. agreed. i'm sure you'll agree that 99% of this forum can't get a penny on with sky bet then. |
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Alex the old wrinkled retainer 18 Nov 21:06
GASHWAN This is where the sensible people talk my old plaguerist friend. ALEX THE TAX INSPECTOR CAN'T EVEN F****** SPELL - IF YOU WANT TO TRY AND PRETEND TO BE A CLEVER SH1TE THEN TRY AND SPELL CORRECTLY - DOUGH PEAK HUNT |
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And here is Rueben. If I can get FIGJAM here as well I will be able to complete the set.
A sad set of loser stalkers but they do amuse me. :) |
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Rueben is an astonishing tax expert. He can dish out advice on tax without gathering the relevant facts and furthermore he knows where his Cap Lock button is.
Excellent value. |
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An interesting thread. Wish we could have a book on whether any detractors actually pay PC
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Who knows Dicky. But I could have an educated guess.
The Chelski punt is still there with a bit of movement in the last few minutes. 26.25% gross margin is still sitting there on the books by my reckoning. |
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STILL WAITING FOR YOU TO SHOW ME A WINNING BETFAIR PUNTER THAT PAYS TAX ON HIS WINNINGS - MUPPET
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Oh, you are back for more. :|
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I am all for making money from betfair/bookies in any way possible, but why would anyone who spots an arb put it on a forum ? Especially this one.
Surely if they were serious punters they would skim it for themselves ? |
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It is not my style to arb stuff that will take 4-5 months to come to fruition. But go back to the first posts and the rationale and you see that there is method to my madness.
The best ones are shared on IM with like minded clever people. |
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Alex, I did read the thread before posting. Your first arb it seemed would come to fruition within seven days, well done if it has or does. If the second one was not your style then why post it in the first place and why suggest that people do lay it here at a certain price (a price where it seems that only £5 has been matched) and then back it elsewhere ? I post rarely these days but still read the forum at opportune times, I wish you well with your arbs but why post an arb in the first place ? Why not just take the profit yourself ? I certainly would not tell anyone of any opportunity that arose through my own hard work and diligence. Good luck to you.
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Its the punters equivalent to the old Chinese fable about 5 foot long chopsticks
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Platinum
You have clearly not read the fred. The first needed more cash than I have. The second I am working up a green in a different way. However this is not pure altruism. It is networking with a view mutual future profit. Do you understand now? |
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Alex, I clearly have read the thread.
You clearly do not understand either arbing or hedging, but I wish you well. |