Arbing Q & A's

[Markpl1]

I hope this is the right section to put this in. On the back of a thread in the other sports forum. I feel this might be a useful resource for people here who want to be the odd arb on or ask a question about it. My background is that I have been arbing for about 4 years on and off. I now do it as a full time job admittedly backed up by playing poker profitably with the rest of my time. As a standard I make close to 4 figures a month (tax free) doing this. For those completely in the dark arbing (arbitrage) is a risk free way of betting on sport by playing bookies off against one another. An example of this would be a tennis match with 2 competitors in it, you bet on both players and take the profit from the difference in price for example. Tim Henman vs Greg Rusedski Henman evs (Bookie 1) Rusedski 11/10 (Bookie 2) This arb provides a 2.44% profit if you balance your stakes right. Say we want to put 500 quid on this event we can make 12.20 from it by doing the following Stake 256.10 on henman Stake 243.90 on rusedski Both bets pay back 512.20 a 12.20 profit on your 500 staked overall. So if anyone has question on arbing I will try to answer all your queries.

[Rob]

Re: Arbing Q & A's Hi Mark, you might not answer these but here goes... 1) how do you find your arbs? some sites I've seen e.g. betbrain have some arbs on there but they all seem to be with one stake at some tin pot bookie with exchange fees and deposit fees eating up the margin. do you rely on the exchanges? 2) Have you ever fallen foul of the 'palpable error', where bookies refuse to honour a price on the ground that it was a mistake? 3) Are your bets as straightforward as in your example, or do you use variations on arbing. e.g. betting on Man U, Arsenal and Chelsea to win the league is not a true arb, but is sometimes refered to as one. e.g. do you rely on a price to move before locking in the profit i.e. back ronnie o sullivan to win the snooker at 2.5 in the first round, then lay him at 2.0 a week later in the second round. ...just to get the ball rolling