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mims
27 Nov 12 12:07
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Date Joined: 21 Jun 10
| Topic/replies: 8 | Blogger: mims's blog
hi all.....question about football under and over 2.5 goals......if i were to back under 2.5 @ 1.9 for 500 with bookie then lay @1.77 with betfair is that a definate profit of 39.55 whatever the result

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Replies: 4
By:
fleetingglimpse
When: 27 Nov 12 12:17
think it works out to be £37.50, only if the match ends under 2.5 mate
By:
longbridge
When: 27 Nov 12 14:30
Doing it for £500 stakes when you're not sure what you're doing is brave...

But yes - lay @ 1.77 to a £552 stake will give you a green book of about £24 - if you're on 5% commission that is, you'll need tto calculate the correct backer's stake to lay if your commission is lower.
By:
AyersRock
When: 27 Nov 12 16:15
erm assuming your backing and laying at 500

if you backed under 2.5 say and it won, then.....

you get £450 from the bookies if you backed at 1.9
and lose £385 from betfair if you laid at 1.77

so profit of £65

if you backed under 2.5 and it lost then

you lose your £500 with the bookies
and win £450 with betfair after 5%

so a loss of 50 quid.
By:
tommycockles
When: 27 Nov 12 16:31
plenty of arb calculators online if you google, just have a play on one to see how the numbers stack up
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