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500 week no danger
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i once backed S africa v england rugby on party and layed them on here . I WAS ARBING AND NEVER EVEN NEW IT
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;)
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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..? |
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tj sumed it up perfectly....
"takes a certain kind of personality to succed" that is the bottom line |
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thinly veiled "backed a 1.45 winner today"
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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.
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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.
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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%
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any help on offer dinarif?
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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 |
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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. |
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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
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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
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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
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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
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CAN'T BE DONE. FACT.
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