Anyone into Arb Betting?
#31
Scooby Regular
Join Date: Mar 2002
Location: Bradford
Posts: 13,720
Likes: 0
Received 0 Likes
on
0 Posts
Cheers FSB. Sounds like you progressed from an established gambling background. I look forward to your hot tip I've also read the bush/al gore example in the book I mentioned. Seems like you could have made a packet there I work a 9-5 and was looking at a way to make some extra money in my free time. It seems that if I'm hunting around the net and the weekend or on an evening and spot an arb then I've found away to do it
#32
Try:
www.tip-ex.com/betex.htm
this has even more bookies odds to compare. Just click the odds comparison at the bottom of the page and you can see the odds from loads of bookies on a particular event. If any odds are in your favour then you can use the bookies displaying the best odds to get your money on.
www.tip-ex.com/betex.htm
this has even more bookies odds to compare. Just click the odds comparison at the bottom of the page and you can see the odds from loads of bookies on a particular event. If any odds are in your favour then you can use the bookies displaying the best odds to get your money on.
#33
Finally www.betbrain.com, more info for you to take a look at.
No I use different debit/credit cards, ie my relations debit cards on their own betting accounts.
Let's say I am Mr Smith, I use my own debit card to open up my betting account and I deposit my cash, my wife Mrs Smith then allows me to open up a betting account in her name and I put say £250 say in her bank account which I deposit into 'her' betting account. Then the same for my brother, sister, mother, father etc. Each is given £250 to put into their account and I use their debit cards to deposit their betting accounts with. All legal and above board, all tax free and all winnings are greatly received. As I said before, I have all my bank statements proving that I have made a small fortune over the last so many months.
Then when a value bet comes along, I have more or less a dozen accounts fully loaded with cash. Place the bets and then some lucky accounts are credited with the winnings, put this back on the debit cards and hey presto we have made a profit.
I have also done this with around 30 of my mates who have all opened up a separate bank account for themselves with say £500 in. This money is available for me to use at my discretion. Then when a value bet comes along, everyone is a winner. Just place all the bets for everyone and the winnings are multiplied!!
In the next month or so, I could probably make you around £200+ profit from about £700 invested if I put my mind to it. But it involves a lot of hard work and patience.
No I use different debit/credit cards, ie my relations debit cards on their own betting accounts.
Let's say I am Mr Smith, I use my own debit card to open up my betting account and I deposit my cash, my wife Mrs Smith then allows me to open up a betting account in her name and I put say £250 say in her bank account which I deposit into 'her' betting account. Then the same for my brother, sister, mother, father etc. Each is given £250 to put into their account and I use their debit cards to deposit their betting accounts with. All legal and above board, all tax free and all winnings are greatly received. As I said before, I have all my bank statements proving that I have made a small fortune over the last so many months.
Then when a value bet comes along, I have more or less a dozen accounts fully loaded with cash. Place the bets and then some lucky accounts are credited with the winnings, put this back on the debit cards and hey presto we have made a profit.
I have also done this with around 30 of my mates who have all opened up a separate bank account for themselves with say £500 in. This money is available for me to use at my discretion. Then when a value bet comes along, everyone is a winner. Just place all the bets for everyone and the winnings are multiplied!!
In the next month or so, I could probably make you around £200+ profit from about £700 invested if I put my mind to it. But it involves a lot of hard work and patience.
#34
Scooby Regular
Join Date: Mar 2002
Location: Bradford
Posts: 13,720
Likes: 0
Received 0 Likes
on
0 Posts
After buying a new car I'll probably have a grand to play with and I'll look to try and double that and then take back my original thousand. Thereafter no matter what happens I cannot possibly loose and I'll just see how far I can go with the remaining £1000. Cheers for all the advice, tips, etc
#35
Scooby Regular
Join Date: Mar 2002
Location: Bradford
Posts: 13,720
Likes: 0
Received 0 Likes
on
0 Posts
Think I just found one (technically speaking) on betbrain. USA, Major League Soccer Kansas City Wizards V Washington DC united. Only problem is it come out at about 99.5% thus leaving 1/2% profit margin and therefore not worth the hassle. It's a start though
#36
Saxo Boy,
Henman v Sa is poised at 1-0 to Henman in sets. Now in all honesty, Henman should win and he is quoted at long odds on to do so. However Sa is available at 10/1 to win the game. Now with a bit of risk involved ie you could lose £20, you could stick £20 on Sa to collect £220 if he was to progress.
However if Sa were to win the next set and tie the match at 1-1, then Henman's odds may go from 1/20 which he is at the moment to say 4/6. This means that if it does go to 1 set each, you could then stick £132 on Henman at 4/6 to win £220. Then whoever wins the game you are guaranteed the £220 minus the £152 you have staked, which would result in a £68 clear profit. Of course Henman could win the next set and the initial bet you have had on Sa would be poor value but sometimes these chances are worth taking.
I am not advising on these sort of bets but sometimes when the bookies have over reacted, which in my opinion they have on this match, then sometimes it can be worth the risk of sticking a bit of money on the rank outsider and hoping that they can improve their status as the match progresses. If things do go wrong, then you could always put a pile of money on Henman to get the original £20 back and be no worse off.
Sometimes I have played my money in matches like this where you take a small risk, but the returns % wise are always bigger than trying to look for a small % in your favour. However the money is not guaranteed in this case and from your earlier posts, I take it that you would not place a bet like this? However it is one worth considering especially when you think that a certain player has a better chance than what the bookies have quoted.
Henman v Sa is poised at 1-0 to Henman in sets. Now in all honesty, Henman should win and he is quoted at long odds on to do so. However Sa is available at 10/1 to win the game. Now with a bit of risk involved ie you could lose £20, you could stick £20 on Sa to collect £220 if he was to progress.
However if Sa were to win the next set and tie the match at 1-1, then Henman's odds may go from 1/20 which he is at the moment to say 4/6. This means that if it does go to 1 set each, you could then stick £132 on Henman at 4/6 to win £220. Then whoever wins the game you are guaranteed the £220 minus the £152 you have staked, which would result in a £68 clear profit. Of course Henman could win the next set and the initial bet you have had on Sa would be poor value but sometimes these chances are worth taking.
I am not advising on these sort of bets but sometimes when the bookies have over reacted, which in my opinion they have on this match, then sometimes it can be worth the risk of sticking a bit of money on the rank outsider and hoping that they can improve their status as the match progresses. If things do go wrong, then you could always put a pile of money on Henman to get the original £20 back and be no worse off.
Sometimes I have played my money in matches like this where you take a small risk, but the returns % wise are always bigger than trying to look for a small % in your favour. However the money is not guaranteed in this case and from your earlier posts, I take it that you would not place a bet like this? However it is one worth considering especially when you think that a certain player has a better chance than what the bookies have quoted.
#37
Scooby Regular
Join Date: Mar 2002
Location: Bradford
Posts: 13,720
Likes: 0
Received 0 Likes
on
0 Posts
You make a couple of interesting points in that last post FB scooby. I think if I got to a situation where I was well 'up' overall I'd consider moving away from % staking and try to taylor my bets to favour who I think will win (i.e. if he does I got more money or if he doesn't I brake even or make a small loss) I like your thinking on the Henman V Sa scenario. Of course if you think it's going pear-shaped and pile your money on Henman to recover your £20 your well screwed if Sa makes the comback of the century!
#38
Now Saxo Boy, with the sets at 1-1, doesn't the £20 on Sa at 10/1 look value now?!? Now all you have to do it so hedge this bet with one for Henman and you are guaranteed a profit!
See how easy it is and you can't say that I didn't post this after the event either!!
So now you know what to do, good luck. (Now what am I going to buy with my free money I have just made???)
See how easy it is and you can't say that I didn't post this after the event either!!
So now you know what to do, good luck. (Now what am I going to buy with my free money I have just made???)
#39
Scooby Regular
Join Date: Mar 2002
Location: Bradford
Posts: 13,720
Likes: 0
Received 0 Likes
on
0 Posts
Well played sir Of course the fact I'm at work and can't really use my computer for live betting is a bit of a problem. Somewhat restricts me to weekend and evening events.
Thread
Thread Starter
Forum
Replies
Last Post