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12 Nov 09 11:03
Joined:
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.
Pause Switch to Standard View Arbing on betfair to avoid the PC.
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Report Alex the old wrinkled retainer November 14, 2009 1:22 AM GMT
Stalker alert.
Report JML November 14, 2009 2:06 AM GMT
Alex the old wrinkled retainer 13 Nov 11:09


All gone now. I have just nicked the last bit.


Why did it take you over 24 hours to nick the last bit?
Report Alex the old wrinkled retainer November 14, 2009 8:14 AM GMT
Why not? Is it unusual take stake some, review the situation, stake more and keep reviewing? Maybe it is but that is what I do.
Report JML November 14, 2009 9:52 AM GMT
Alex the old wrinkled retainer 14 Nov 09:14


Why not? Is it unusual take stake some, review the situation, stake more and keep reviewing? Maybe it is but that is what I do.

Waiting over 24 hours to review a 15% Arb is crazy.
Informing everyone that one exists before taking it all is just plain stupid.

Your story just doesn't add up.
Report Alex the old wrinkled retainer November 14, 2009 10:34 AM GMT
It does not really fuss me what you think. But it may assist your understanding if I explain that the arb is not the only bet I have on this event. Indeed I have somewhere between 200-300 matched bets on it and still 20 or so unmatched. When some more of those get matched I expect that I will have another nibble at it.

It is a moving feast.
Report Jinxy1 November 14, 2009 10:40 AM GMT
Alex you talk incessant rubbish, I suspect you repeat it so often that you actually believe it. You are sad, so sad. Why dont you just become part of the real world and stop all this rubbish talk. Or is your need for constant attention too great ?
Report Alex the old wrinkled retainer November 14, 2009 10:41 AM GMT
Plus the funds needed to take it all was about £45k which I will admit is beyond the sum that I have sitting in my betfair account.
Report Alex the old wrinkled retainer November 14, 2009 10:41 AM GMT
Stalker alert.
Report JML November 14, 2009 11:02 AM GMT
£45K!!!!!

There wasn't that sort of money available on any market involving Horse racing or Soccer.

That means were looking for a sport with thousands on offer on 2 different markets.

I think that leaves us with nothing.
Report Alex the old wrinkled retainer November 14, 2009 11:12 AM GMT
Never mind eh. :|
Report Alex the old wrinkled retainer November 14, 2009 11:19 AM GMT
diggler 13 Nov 11:06
alex are you prepared to tell when all the money has gone and is sitiing on the other side of the book?



It was:

http://sports.betfair.com/Index.do?mi=100867514&ex=1&origin=MRL and this:

http://sports.betfair.com/Index.do?mi=100707908&ex=1&origin=MRL


And only the sort of thing you would normally spot if you happen to be seeding the markets.

All gone now.
Report Templeton Peck November 14, 2009 11:28 AM GMT
Yes, this event is very nice.
Report Alex the old wrinkled retainer November 14, 2009 11:30 AM GMT
Just except that I am not sure what to do with it now except to square things up.
Report Templeton Peck November 14, 2009 11:32 AM GMT
All week people have been backing Pacman by KO. Some fairly decent wonga being placed on low odds.
Report JML November 14, 2009 11:35 AM GMT
£45K on those 2 markets?
Report Alex the old wrinkled retainer November 14, 2009 11:40 AM GMT
JML 14 Nov 12:34
£45K on those 2 markets?



I had a suspicion that you might come back with that.

If you want to back £1 at odds of say 16.0 then it absorbs £1 of funds. If you want to lay £1 at 16.0 is absorbs £15.

Bend your mind around this as well. Instead of looking at the blue book and backing the desired selection, think laterally instead and think about laying all of the other options.

When you have done the maffs you will find that I am coirrect.
Report Alex the old wrinkled retainer November 14, 2009 11:41 AM GMT
Templeton Peck 14 Nov 12:32
All week people have been backing Pacman by KO. Some fairly decent wonga being placed on low odds.




Yes and I am starting to figure that the odds are too short.
Report Templeton Peck November 14, 2009 11:49 AM GMT
Hmm, I think we have a little way to go on here yet. Found its way back up to 1.80. VC have just shortened from 1.80 to 1.62.
Report JML November 14, 2009 11:52 AM GMT
How can you explain that there was less than £1500 matched on one of those markets at
the time (evenly spread out across all selections)
Report Alex the old wrinkled retainer November 14, 2009 11:52 AM GMT
ko is in the early hours on Sunday morning so there is still plenty of time for me to screw this up. ;)
Report JML November 14, 2009 12:03 PM GMT
Jinxy1 12 Nov 17:13

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.



Spot on Jinxy
Report Templeton Peck November 14, 2009 12:03 PM GMT
Yes. I got greedy with Hatton yesterday but managed to recover and even skewed it towards the draw at the end.

Unfortunately I have guests arriving at 7pm although should have a couple of drunken hours after that before fight time.
Report Alex the old wrinkled retainer November 14, 2009 12:09 PM GMT
How do you work that out JML? Surely you cannot be as stupid as Jinxy is, can you? Or can you? I had never really considered that possible before but maybe I need to rethink.

Life is just a continual learning process. :|
Report JML November 14, 2009 12:16 PM GMT
Alex the old wrinkled retainer 14 Nov 13:09


How do you work that out JML? Surely you cannot be as stupid as Jinxy is, can you? Or can you? I had never really considered that possible before but maybe I need to rethink.

Life is just a continual learning process.



You posted a pack of lies,suggesting that people get in touch with you.
Report Alex the old wrinkled retainer November 14, 2009 12:18 PM GMT
Templeton Peck 14 Nov 13:03
Yes. I got greedy with Hatton yesterday but managed to recover and even skewed it towards the draw at the end.

Unfortunately I have guests arriving at 7pm although should have a couple of drunken hours after that before fight time.





Sometimes a little alcohol can provide inspiration and flex the muscles in the fingers. Too much inevitably results in bad decisions though.
Report Alex the old wrinkled retainer November 14, 2009 12:22 PM GMT
JML 14 Nov 13:16

You posted a pack of lies,suggesting that people get in touch with you.





Do you think so? What evidence do you have for this please? If you look back up the fred I talked with 2 people on IM and they both agreed that my maffs were right and to the best of my knowledge and belief they will both profit from it.

I am not sure what your issue is here apart from jealousy.
Report JML November 14, 2009 12:39 PM GMT
Alex the old wrinkled retainer 14 Nov 13:22


JML 14 Nov 13:16

You posted a pack of lies,suggesting that people get in touch with you.


Do you think so? What evidence do you have for this please? If you look back up the fred I talked with 2 people on IM and they both agreed that my maffs were right and to the best of my knowledge and belief they will both profit from it.

I am not sure what your issue is here apart from jealousy.



You claimed that the arb used up £45K of your funds,but less than £1500 was matched on
one of these markets (Grouped Round Betting) at the time.

Even now the most matched on any selection is £800.

The % of the markets were about 110-96,yet you found a 15% arb.
Report Alex the old wrinkled retainer November 14, 2009 12:50 PM GMT
JML


You just need to go back to school. As far as I am aware there are 3 people that took the free money. Argue as much as you like, I really don't give a t0ss.
Report Alex the old wrinkled retainer November 14, 2009 12:53 PM GMT
I didn't say I used £45k. I said that I did not have £45k in my account to fully exploit it.

Basic innit? Or maybe not.
Report JML November 14, 2009 1:24 PM GMT
Offer above £100 on those markets are rare 2 days before the bout.

But you claim to have found a 15% arb with thousands on offer.


Why don't you give details of your bets?
Report Alex the old wrinkled retainer November 14, 2009 1:28 PM GMT
JML 14 Nov 14:24
Offer above £100 on those markets are rare 2 days before the bout.

But you claim to have found a 15% arb with thousands on offer.


Why don't you give details of your bets?






What would possess me to do that? I don't have anything to prove to somebody I don't know. I know how my P&L looks and that is all I need to focus on.


If you want details of my bets then I am thinking that you have a strange outlook on life.
Report JML November 14, 2009 1:40 PM GMT
I'm just giving you a chance to dig yourself a bigger hole.

You made a big mistake by chosing a market with only £1500 matched and only pennies
on offer on each selection and then talking about £45K.

You'll be more careful next time.
Report Alex the old wrinkled retainer November 14, 2009 1:49 PM GMT
Buy a Casio. You strike me as being a bit stupid:



Alex the old wrinkled retainer 14 Nov 12:40
JML 14 Nov 12:34
£45K on those 2 markets?



I had a suspicion that you might come back with that.

If you want to back £1 at odds of say 16.0 then it absorbs £1 of funds. If you want to lay £1 at 16.0 is absorbs £15.

Bend your mind around this as well. Instead of looking at the blue book and backing the desired selection, think laterally instead and think about laying all of the other options.

When you have done the maffs you will find that I am coirrect.
Report Alex the old wrinkled retainer November 14, 2009 1:51 PM GMT
I will leave you to your own devices for an hour or two and then I probably won't help you after that.


Anyway good luck in whatever you do.
Report JML November 14, 2009 1:54 PM GMT
I thought we were talking about £45K not £15.
Report Alex the old wrinkled retainer November 14, 2009 2:36 PM GMT
I am concluding that you are good value.
Report diggler November 14, 2009 2:50 PM GMT
well done alex. i must admit i did look at those markets and although something didnt look quite right i couldnt find the right angle to have a go at it. Also it is knowing which ones are the wrong prices to have a nibble at first. much better to take the value one and then green up when the markets correct themselves
Report Alex the old wrinkled retainer November 14, 2009 2:51 PM GMT
Regrettably it was dutch laying at big prices. Such is life.
Report Alex the old wrinkled retainer November 14, 2009 3:06 PM GMT
But let's find more. It is pointess sharing them here.
Report Jinxy1 November 15, 2009 12:02 AM GMT
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.
Report 1.01 Layer November 15, 2009 10:47 AM GMT
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.
Report JML November 15, 2009 11:07 AM GMT
LOL

How do you get 3 lumps on 2 prices?
Report Alex the old wrinkled retainer November 15, 2009 11:10 AM GMT
It is entirely possible for 2 selections to be the same price.

I hope that helps.
Report 1.01 Layer November 15, 2009 11:12 AM GMT
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...
Report IanP November 15, 2009 11:15 AM GMT
There were some extremely low prices matched on purple for those rounds as well.
Report Alex the old wrinkled retainer November 15, 2009 11:18 AM GMT
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.
Report JML November 15, 2009 11:23 AM GMT
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.
Report Alex the old wrinkled retainer November 15, 2009 11:25 AM GMT
I am concluding that you are a bit fick JML.
Report 1.01 Layer November 15, 2009 11:27 AM GMT
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.
Report Alex the old wrinkled retainer November 15, 2009 11:31 AM GMT
That will have completely blown his mind. ;)
Report 1.01 Layer November 15, 2009 11:32 AM GMT
You can lead a horse to water...
Report JML November 15, 2009 12:36 PM GMT
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.
Report Alex the old wrinkled retainer November 15, 2009 12:46 PM GMT
Or do both. Which is wot I did.
Report donny osmond November 15, 2009 10:33 PM GMT
all adds up :)
Report Alex the old wrinkled retainer November 16, 2009 11:11 AM GMT
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
Report Jinxy1 November 16, 2009 11:46 AM GMT
:^0 £5 matched at 1.41 lol...its 1.66 to lay !! and just £545 matched on the whole market, PMSL.
Report Jinxy1 November 16, 2009 1:19 PM GMT
And the market hasn't moved one iota, you are such a big player alex :^0
Report 1.01 Layer November 17, 2009 1:57 PM GMT
£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.
Report skids November 18, 2009 5:24 PM GMT
whats pc mean
Report Alex the old wrinkled retainer November 18, 2009 5:46 PM GMT
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?
Report Alex the old wrinkled retainer November 18, 2009 5:52 PM GMT
So shall i continue Mr 1.01 and ignore the plank? Or plough furrows elsewhere?
Report GASHWAN November 18, 2009 6:20 PM GMT
sorry but cant expect t be taken seriously when an advised bet is at skybet
Report Alex the old wrinkled retainer November 18, 2009 7:56 PM GMT
WHAT SHOULD I DO GASHWAN?


Develop the opportunities or hide away?
Report Alex the old wrinkled retainer November 18, 2009 8:06 PM GMT
GASHWAN


This is where the sensible people talk my old plaguerist friend.
Report aye robot November 18, 2009 8:12 PM GMT
plaguerist?

Has he got the plague?
Report GASHWAN November 19, 2009 2:34 AM GMT
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.
Report Rueben November 19, 2009 8:36 AM GMT
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
Report Alex the old wrinkled retainer November 19, 2009 8:43 AM GMT
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. :)
Report Alex the old wrinkled retainer November 19, 2009 8:46 AM GMT
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.
Report DickyM November 19, 2009 8:46 AM GMT
An interesting thread. Wish we could have a book on whether any detractors actually pay PC
Report Alex the old wrinkled retainer November 19, 2009 8:52 AM GMT
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.
Report Rueben November 19, 2009 8:53 AM GMT
STILL WAITING FOR YOU TO SHOW ME A WINNING BETFAIR PUNTER THAT PAYS TAX ON HIS WINNINGS - MUPPET
Report Alex the old wrinkled retainer November 19, 2009 8:58 AM GMT
Oh, you are back for more. :|
Report Platinum November 19, 2009 9:25 AM GMT
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 ?
Report Alex the old wrinkled retainer November 19, 2009 9:42 AM GMT
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.
Report Platinum November 19, 2009 9:56 AM GMT
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.
Report DickyM November 19, 2009 9:56 AM GMT
Its the punters equivalent to the old Chinese fable about 5 foot long chopsticks
Report Alex the old wrinkled retainer November 19, 2009 10:01 AM GMT
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?
Report Platinum November 19, 2009 10:08 AM GMT
Alex, I clearly have read the thread.

You clearly do not understand either arbing or hedging, but I wish you well.
Report Alex the old wrinkled retainer November 19, 2009 10:09 AM GMT
Your first arb it seemed would come to fruition within seven days, well done if it has or does.




That comment clearly indicates that you have not red the fred. But good luck to you too.
Report HARRY22 November 19, 2009 10:20 AM GMT
you da man alex
Report Alex the old wrinkled retainer November 19, 2009 10:22 AM GMT
My P&L tells me that Harry. ;)
Report HARRY22 November 19, 2009 10:24 AM GMT
all about the win imo..what ever works for u ;)
Report HARRY22 November 19, 2009 10:24 AM GMT
the big W is what counts
Report Jinxy1 November 19, 2009 10:32 AM GMT
What alex is saying is that the first so called arb was not within his grasp and was tosh anyway so he shouldn't have posted it in the first place and the second one, was juts a pack of old wrinkled rubbish, there still isnt even 1k traded on that market. He is nothing but a clueless penny pincher already exposed as a £2 punter and forum loser. Who also just happens to continuously break forum rules by grooming and collecting email addresses !!! disgusting.
Report HARRY22 November 19, 2009 10:38 AM GMT
:^0
Report Alex the old wrinkled retainer November 19, 2009 10:43 AM GMT
Where is FIGJAM? Then I have the set.
Report HARRY22 November 19, 2009 10:43 AM GMT
the set? whos figjam ffs
Report Alex the old wrinkled retainer November 19, 2009 10:47 AM GMT
It is like getting a hand with 4 aces Harry. So far I only have 3 aces.
Report HARRY22 November 19, 2009 10:50 AM GMT
lol
Report Jinxy1 November 19, 2009 10:51 AM GMT
If you had four aces, you are so dumb you would pack.


ffs, give him four aces someone.
Report DickyM November 19, 2009 10:55 AM GMT
... "continuously break forum rules by grooming and collecting email addresses "

Which rule is this please ?
Report Alex the old wrinkled retainer November 19, 2009 10:56 AM GMT
I might not have 3 aces but I do have many spades.
Report Alex the old wrinkled retainer November 19, 2009 10:57 AM GMT
Dicky, treat him gently. He is a stalker without a brain.
Report Jinxy1 November 19, 2009 11:00 AM GMT
It is the instigator of this thread who is more than just a little short on grey matter.
Report 1.01 Layer November 19, 2009 11:04 AM GMT
Less than a grand traded? Not worth bothering then.
Report Alex the old wrinkled retainer November 19, 2009 11:06 AM GMT
I dunno. I am short on grey matter apparently. It is best to let Jinxy answer that one. :|
Report Alex the old wrinkled retainer November 24, 2009 8:59 PM GMT
1.01 Layer I have another to look at. A puzzler it is.

8% gross if you take the money off the book on betfair. There is 33% gross here and with a certain bookie though. But because it is a puzzler it could be worth a chat. We have a market mover and I am not sure how to play it.


It looks like mug money put up on betfair but I cannot be sure.
Report Alex the old wrinkled retainer November 24, 2009 9:13 PM GMT
it is about 3.5% here now, somebody has just taken the money. But still 33% with the books.
Report Alex the old wrinkled retainer November 24, 2009 10:45 PM GMT
Not small volume. It will cost about £4.8k to lay. Gimme a shout later. There is something strange going on here.
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