ARBING FULL TIME IS IT TRUE OR FALSE ?

DEFINITELY FALSE

just ask any arber - they will tell you the same

it cant be done now because bookies dont wanna take a bet

I SAY IT CAN BE DONE

I believe some of the online bookies do it!

It's what Betfair/Stock Exchange brokers do in their simplest form. Match both sides of an outcome and gain a small percentage. Sure they make quite a decent living out of it.

I think you can but there's plenty of competition from all these unisex hairdressers these days.

Still good money to be made but it's getting harder,for a long term arber like me that's a good thing as more people are likely to give up leaving a bigger share for the diehards.

your 6 years too late

Things like the premium charge make it even harder to make money on arbing. You're right - the real money was a few years ago.

Worst time ever to start even trying, takes a certain kind of personality to succed, from my experience that is less than 1% of the people I have ever met.

Won't get rich but can make steady £1500 per month part time

.... In your dreams.

Things like the premium charge make it even harder to make money on arbing.

Why? You are just as likely (perhaps more) to win at the bookies and so with plenty of wins and losses on here it should help to avoid the premium charge

You'd be the worst arber in the world if you paid the PC. With all lays winning on BF and backs winning at the bookies. If that happended anyway, the bookies would close your account.

I have been charged pc and do not consider myself to be the worst arber in the world.

as i have stated often before, there are far sharper places in the world than betfair

kenilworth 09 Dec 09:40
.... In your dreams.


Takes a lot of research and skill to make it work. You can't get lumps on anywhere anymore, unless you have consistently losing accounts where you can get a bit more on. That's not a problem anyway when you have access to say, 16 different b 3 65 , la d s, sp bet accounts. Slowly slowly is the way to do it. The ricks don't last long. Spread the bets around keep stakes low, be happy with £20 - £30 per time. Only arb / trade on horses. You need a decent amount of liquid funds available through various cards / accounts / betfair. Weekends is where best to make your dough. Very satisfying when you get it right will also stop you 'punting' along the way as you start getting very protective about your bank and every pound counts.
I would have posted the same as Kenilworth above a couple of years ago.
As I say you won't get rich quick and it might not be for everyone but works for me.
Good luck

Arbing is a piece of pi ss..........the only skill you need is to be able to get the bets on.

I had a look at this a few years ago - it looked hard then, and I rekon it is even harder now... Saying that - there have been times when I have noticed a few good arb opportunities between bookmaker and here.

I think the main issue is having enough speed to place the back + the lay before the arb opportunity closes up.

You'd probably need good software to pick them out quickly + direct you to the site, or place the bets automatically for you to make a half decent living from it, and even then, it's probably not gonna make you enough to live a decent life on...

Hi

I worked for a firm where we had developed software to scan the markets for opportunities and undoubtably the biggest problem was missing one side of the bet. We were able to trade automatically between exchanges and could hit betfair 100 times a second and still missed bets

stop bloody advertising it on here and u may have still made money!

Using commercial software is a waste of time and money because you and every other user will back the same thing at the same time .......marking you out as an arber.

It was "in-house" software not available to the general public

leetsfosllab 09 Dec 18:22


Hi

I worked for a firm where we had developed software to scan the markets for opportunities and undoubtably the biggest problem was missing one side of the bet. We were able to trade automatically between exchanges and could hit betfair 100 times a second and still missed bets




It was ARBMIRAGE ?
I remember to have paid more than 300 livres for 1-2 months. Well, i thought it was the best thing to win money easily. I ve tried this software on a snooker market once and as you said, i had a lot of unmatched bets.

leetsfosllab 09 Dec 18:35


It was "in-house" software not available to the general public


Just read your post now. I thought it was another product.

go to a few indenpendants,
asked them do they do a desposit account and one back show
if they do and the shop is run by a manager,
give him a £50 drink every week whether u win or lose and he wil be on your side.
keep your bets small enough so that their are NOT the difference between whether the shop wins or loses.

hyalonirus 09 Dec 17:46
Just read your post now. I thought it was another product.

No probs.

We tried to get automated api links in to Bookmakers as well but surprise surprise they all declined

Automated software does not work on horse markets you have to trawl yourself

the bottom line is that u cant arb on betfair with the premium charge in place.the only way is to use 2 other bookies.u never know which side of the arb u are going to win, so its pointless.

Ive got loads of betting accounts with the bookies, n altho i tend to do other things during the day now, I could make £250 per day comfortably arbing, and some days perhaps upto 4 figures.

Anyone who says it can't be done, doesn't have the ability to do it.

BOTTOM LINE!

Need to have a large float, and be on good terms with the bookie. Perhaps send them flowers every week. If you take the p!ss too much, you'll get gubbed.

will u just let this thread go to the bottom ffs!

Dam buster - I disagree re premium charges - I'm looking at doing a little arb'ing to reduce/remove my premium charges by bringing commission/implied commission over 20%

My deepest, sincerest apologies, layer1982.

How 'bout a hug?

If you are single, live at home and your outgoings are £500 a month, then full time arbing is the way to go, and very easy at that level.

If however, you have wife, kids, mortgage, etc and your outgoings are in the region of £3000 per month, full time arbing might be a much tougher proposition.

Correct.

cant be done.

NAP.

Some people are really clueless.

.

very easy to make £500 a month from arbing?

I'd be surprised if that were true tbh.

500 week no danger

.

i once backed S africa v england rugby on party and layed them on here . I WAS ARBING AND NEVER EVEN NEW IT

;)

Question : in the long run how important is it to close out both sides when arbing? In theory, again in the long run, aren't both sides showing a potential value value and it doesnt matter whether you back one or the other? Sometimes you will miss a winner and sometimes you will miss a loser ..
The main argument against this would be if the market consistently shortens the eventual winner at the time that you attempt to place your bet..?

tj sumed it up perfectly....

"takes a certain kind of personality to succed"

that is the bottom line

thinly veiled "backed a 1.45 winner today"

This method can be frustrating; a firm's man bet a total of £12,000 on Grand National day and didn't back a winner, leaving them out of pocket after expenses were taken into account.

Unsurprisingly when you think about it the best strategy is to not close out unless both sides are value. This scenario is highly unlikely, especially if one side is on here and hence attracts bf commn. Howwever you need balls of steel for that strategy. Personally, when arbing was easy (I don't play any more) I tended to structure plays to only profit if the bookie side won and accept the loss of commn if things lost, but cover the stake. Better betters than me that I know took even more geared positions and made more money in the long run.

You just need to know the right Asian bookmakers (they aren't allowed to restrict your stake by Asian Laws, as all gambling firms out there are run by the Government). That's the very shortened version of the story, but if you know the right Asian firms, you only need 2 or 3 of them for about 10 arbs each day making over 5%

any help on offer dinarif?

impossible when you're on the PC
god help u if the winner of the arb ends up coming from the betfair side instead of the bookie side

Pythagoras 01 Feb 22:53
Unsurprisingly when you think about it the best strategy is to not close out unless both sides are value. This scenario is highly unlikely, especially if one side is on here and hence attracts bf commn. Howwever you need balls of steel for that strategy. Personally, when arbing was easy (I don't play any more) I tended to structure plays to only profit if the bookie side won and accept the loss of commn if things lost, but cover the stake. Better betters than me that I know took even more geared positions and made more money in the long run.

I disagree with the "why don't arbers just take the value side of the bet" argument.
By arbing you can safely use a much larger portion of your bank than by taking the value bet.
Also the extremely low volatility in arbing is preferable.

Using the Markowitz model, you can decide which is best for you.

Find a way to make the highest return, at a risk level you are comfortable with.

as a bit of a novice and a casualty of the recession / plenty of time on my hands found these ARBING threads interesting and had a look and found US Masters back ogilvy at 21 on one site and lay at 16 on here. ARBINGS THE FUTURE

if you got £200 on at 21 then lay at 16 you would need a lability of £3949.84 at comm of 5% to make £50.16

duke my( its the future) statement was a joke but I see what you mean. i look at it as a back and lay on 1 player so all green by using an other site

also betting this early on an event like the masters open etc i expect its if player does not start bet is lost just like ante post on horses

CAN'T BE DONE. FACT.