Help With Arbing Accounts

I'm glad to hear it. I despise arbers, they make any pros job of backing horses so much harder and we get mistaken for lowlife arbers so our accounts get closed even faster than they would normally do so. And all this for 0.5% profit on turnover I presume - honestly arbers need to get a life.

Because the enemy has always been the bookmaker........always has been and always will be. What I do doesn't hurt other punters. In fact I'm helping my bet placers by making them 10-15k tax free cash per season and in the process hurting the scumbag bookies.

What Arbers do is steal the value selections without having done the work to come to those conclusions hence hurting those pros who have worked hard with their ratings systems or whatever to develop their edge to come to those conclusions to find these selections.

It is not even a remotely similar comparison.

I don't know if you've noticed but betting is about winning money, bookies don't pay a bonus for the amount of effort you put in.

What Arbers do is steal the value selections

I always thought that arbing is backing at the bookies and laying it back on betfair regardless of the perceived value

if a horse should be 2/1 , but it is evens in the shops and 1.9 on here , it is not a value bet to back clearly , but it is an arb

isn't it

KB - Fair point re: the bet placers and arbers neither having exercised any judgement.

2 reasons why the bet placer money earned is way more principled than the arbers are:

1 - They are earning their money via the bookies for a service they are providing me. Basically they are doing a commission based job versus an arber doing no service to anyone other than ruining the prices for everyone else. I think its very naive to think the arber hurts no one when he/she hurts us all.

2 - Given that it is commonly acknowledged betting is a game between punter and bookie and that bookies have rewritten the rules in their favour my bet placers are just balancing the books a little. What do the arbers do other than work for the bookies by giving an instant alert that they are out of line? Again hurting the punters who want to bet a selection at best price.

I do see your point but to me Arbers are the most selfish of all the betting fraternity as they are just in it for themselves without any thought of their brother punters. I am not saying that I lose sleep over what other punters lose but at least i'll leave the overnight best odds out of principle as i don't want to mark the bookies card.

KB -- Betting is an intrinsically parasitic and selfish activity … In order for you to be successful others have to fail

I think that's where we differ in our outlooks. In all walks of life the people who are best at what they do rise to the top and betting for me is no different. I see betting as a challenge, a test of my mind versus the odds compiler and a challenge in how best to optimise my advantage over them. I don't see anything selfish or parasitic about it - if thats how you feel about it then that may be true for you but it wouldn't be for most people who have worked hard to develop their edge over the bookies.

Anyway I will leave you to have last say on this as I've made my point but I think trying to compare arbers to people who have developed genuine skills, ratings etc to as equally selfish and parasitic is very misguided of you.

I often get the comment "Good for you sticking it to those evil bookies". I wonder does an arber ever get thought that way? You're argument that they provide liquidity on here is partially true but they ruined the price for anyone that bets at a bookies online and definitely ruled out the possibility the cash punter ever even saw the price in the process.

The problem with arbers is they very quickly pounce on out of line prices, thus restricting their availability.  Furthermore, they dissipate a lot of value by laying off on the exchange and paying commission or backing the other side at bad value odds, just to secure a guaranteed profit.  So they are in effect low skilled min-wage types with no prospects that annoy bookmakers and encourage them to shut down anyone who bets substantial amounts when they have the best price. 

So when they're shut down they really don't deserve "help" or "creative ideas".  They just need to accept that they made a few quid, but the party is over and it's time to move on.

lol you don't "piss me off" - I just don't give a sh1t when you run out of accounts.

Why would a arber run out of accounts quicker than a successful gambler

SFB - yes I have these letters too but its not the same now as it used to be and the arbers/betfair combination have a great deal to with it. I'm referring here to horse race betting to be clear - In the days pre Betfair a bookie would know they are best price something and stand it for an amount depending on who was betting it, and dependant on the info they were getting internally where money was going elsewhere - I worked in the industry. The process of restricting/closing people was based on:

1 - How well they were doing over a period - never ever shorter than 3 months.
2 - Their prices taken versus sp.
3 - Whether they were considered tipping line followers.
4 - Who else was doing their selections - known winner links etc.

This led to accounts lasting on average 6 months even for good winners.

Now the first consideration is whether it is an arb. Naturally if you are a genuine punter and are backing best price sometimes it will be an arb even if you are not aware of it, but because of the bookmaking industry blanket approach not to entertain arbers these genuine punters get caught in the net for arbers. Now sure they would have got closed/restricted eventually if they were any good but "fear of arber" makes bookmakers trigger happy and hence makes a lot of genuine skilled punters lifes more difficult.

You're argument re getting more on here at betfair because of the arbers is completely false except pricewise selections. There is nothing on here but pennies before noon except saturdays - by the time the arbers have put up their money a 14/1 shot that a genuine punter could have filled his boots on @ 12/1, 11/1 and 10's is now 7/1 at the bookies and 8.6 on here. Remember the Arber very often inadvertendly gets the snowball of money going  on a selection cos they see the arb, people who were waiting to do it are then rushing and the lemming followers of money add to the price crash. I see this daily hence my absolute despise of arbers.

Some good arguments on this thread. You don't often see "non sequitur" used here.

What happened to the OP, though? You'd think he'd want to defend his position :)

oh and askari ****g nailed it

surely the fault lies with the people putting up shorther prices on betfair
take them away and the arbers are no longer

Skill??? C'Mon really?? Think pushing a letter into an envelope requires more skill.

Betting is all about ego for most people. The feeling that they have figured it out better than the odds compilers and other punters. Nothing wrong in that and I can't see what would keep you going in betting if you didn't have that. Winning money is just a product.

*Branson

- always get in a pickle with that one.

Are there really that many arbing opportunities around?  Seems to me it is just a good excuse for bookies to close and/or restrict accounts as there really cannot be that many opportunities available given the amount of money in the BF markets up to say an hour before racing starts outside of the big meetings.

Spend hours studying form/creating your own ratings/working at whatever edge you've created versus clicking a few buttons, banking the guaranteed cash and wandering off to spend time with your family.  You can see why arbers are happy enough with their approach.

Some laughable statements on here from you, racingguru.  Double standards doesn't even begin to cover it.

if you equate all winning equal then you are entitled to your point even though its incorrect

You're entitled to think it's incorrect, even though it's not.  If I win £100 arbing and you win £100 through hours of hard work, the bottom line is still we're £100 up apiece.  You seem to think that there's some glory in what you do, but that anyone making it through arbing is pure scum.  Whatever you need to tell yourself, I suppose.

The fact is that you're taking value prices, as are arbers.  If you take pride in how you know that the prices are value, that's your lookout.  Some people are happy to have the work done for them (by the likes of you). 

You've got a team of placers throughout the country, meaning that you can circumvent limits that are put in place so that the book can manage its risk.  You then seem to tell yourself that this is acceptable because the bookie is the bad man and deserves it.  Would the bloke who nips down to Lads to have his tenner on at 14/1, only to get 12/1 after your mob have smashed it in every county in the land, be entitled to think that you're scum and ruining it for everyone?  Or should he be saying "Wow, that racingguru bloke is so clever, I wish I was like him.  Still, always next week."?