Father Dougal McGuire Posted February 11, 2013 Share Posted February 11, 2013 Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots 0 Quote Link to comment Share on other sites More sharing options...
Clyde 1877 Posted February 11, 2013 Share Posted February 11, 2013 Top lad, got in on that 0 Quote Link to comment Share on other sites More sharing options...
Honest_Man#1 Posted February 11, 2013 Share Posted February 11, 2013 Cheers! For this type of thing though, are they likely to notice what's happened and not pay out? Cause I can't be arsed opening two accounts if it might happen! Also how much would you go for? £100, £500? Or is it too obvious with that kind of amount? 0 Quote Link to comment Share on other sites More sharing options...
mid-table Posted February 11, 2013 Share Posted February 11, 2013 Cheers! For this type of thing though, are they likely to notice what's happened and not pay out? Cause I can't be arsed opening two accounts if it might happen! Also how much would you go for? £100, £500? Or is it too obvious with that kind of amount? What do you mean 'notice what happened'? It's not a con, or dishonest. 0 Quote Link to comment Share on other sites More sharing options...
Honest_Man#1 Posted February 11, 2013 Share Posted February 11, 2013 What do you mean 'notice what happened'? It's not a con, or dishonest. I know, I just mean like when Skybet had a promotion where you could end up with free money they ended up taking the winnings back, obviously this is two different companies so it's completely different but wondered if they would do anything about it. 0 Quote Link to comment Share on other sites More sharing options...
mid-table Posted February 11, 2013 Share Posted February 11, 2013 I know, I just mean like when Skybet had a promotion where you could end up with free money they ended up taking the winnings back, obviously this is two different companies so it's completely different but wondered if they would do anything about it. They could claim palpable error, but that's unlikely as it's only a 4.5% difference in implied chance between the two companies, and the profit you'd make is 4.76%. 0 Quote Link to comment Share on other sites More sharing options...
Father Dougal McGuire Posted February 11, 2013 Author Share Posted February 11, 2013 I've done things like this a few times and never had any problems. The only time it nearly backfired for me was when Stan James lowered the max bet to £54 so I had to stick the rest on another account. 0 Quote Link to comment Share on other sites More sharing options...
Chrisbarr Posted February 12, 2013 Share Posted February 12, 2013 Do either of them have a max bet? Can't be arsed opening 2 accounts to either break even or make 2 quid 0 Quote Link to comment Share on other sites More sharing options...
blue4578 Posted February 12, 2013 Share Posted February 12, 2013 It's called arbing. I used to do this extensively a few years ago when bookmakers would let you win a few bets before limiting you. 0 Quote Link to comment Share on other sites More sharing options...
Honest_Man#1 Posted February 12, 2013 Share Posted February 12, 2013 I actually probably don't have enough money just now to make it worthwhile tbh. 0 Quote Link to comment Share on other sites More sharing options...
Fraser Fyvie Posted February 12, 2013 Share Posted February 12, 2013 It's called arbing. I used to do this extensively a few years ago when bookmakers would let you win a few bets before limiting you. How do they know you're arbing? Also why do they care? If their odds are right they should end up in front overall. 0 Quote Link to comment Share on other sites More sharing options...
Loki Posted February 12, 2013 Share Posted February 12, 2013 Yeah but someone like Blue will be placing bets when they have miscalculated the odds. It doesn't take long before a bookie starts to limit your size of bet. They are only interested in losing players. 0 Quote Link to comment Share on other sites More sharing options...
Latino Lover Posted February 12, 2013 Share Posted February 12, 2013 (edited) I did this about 3 times a week for over a year until it got too hard due to being limited. Would only both with better than 2% arbs so would typically put down about £2k to win £50 Edited February 12, 2013 by Latino Lover 0 Quote Link to comment Share on other sites More sharing options...
blue4578 Posted February 12, 2013 Share Posted February 12, 2013 How do they know you're arbing? Also why do they care? Anything else isn't free money. If people post comments on forums, other people often choose to respond to those comments (novel idea I know). If their odds are right they should end up in front overall. I don't even know how to respond to that bit as it seems like you don't know what you're talking about. 0 Quote Link to comment Share on other sites More sharing options...
Fraser Fyvie Posted February 12, 2013 Share Posted February 12, 2013 Anything else isn't free money. If people post comments on forums, other people often choose to respond to those comments (novel idea I know). I don't even know how to respond to that bit as it seems like you don't know what you're talking about. When I say "they", I'm talking about bookmakers, and how they know when people arb. Not having a go at your post.. 0 Quote Link to comment Share on other sites More sharing options...
shawfield shed boy Posted February 13, 2013 Share Posted February 13, 2013 Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots My apologies but could somone please explain .... If i put 500 on both bets i could either win 100.00 or Break Even Aint really buying money if both teams dont Score Or Am i missing something 0 Quote Link to comment Share on other sites More sharing options...
H Wragg Posted February 13, 2013 Share Posted February 13, 2013 Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots Friday 15th: Wolfsburg v Bayern Munich Both Teams to score - Yes 6/5 (Stan James) - No 1/1 (Paddy Power) Fill your boots My apologies but could somone please explain .... If i put 500 on both bets i could either win 100.00 or Break Even Aint really buying money if both teams dont Score Or Am i missing something It's a risk free chance of making £100 in the example you give, so not exactly guaranteed free money but the next best thing. A general question to all, are examples like this s fairly regular occurence if you go trawling for them? 0 Quote Link to comment Share on other sites More sharing options...
Loki Posted February 13, 2013 Share Posted February 13, 2013 It happens often enough in the both teams to score betting market. My friend trawls for them and gets one or two a week. Although his level of trawling is quite considerable. The book makers will not know for sure you are arbing. However if your placing large stakes and winning, the bookie will quickly limit your betting. As I said earlier they want recreational gamblers that are going to lose money long term. If you are making money consistently they are going to stop taking your bets. When I worked at William Hill certain gamblers were monitored. Every bet they made was added to their database, and you could monitor their profit and their losses, how much they stakes and how many bets they made. On one occasion one person was limited after four bets. So he got his wife to place the bets, once she was limited, he got someone else and so on. A lot harder to do online. William Hill stance was that he must be getting inside information as he was winning consistently. Irrespective if they had a 150% book on a horse race or not! 0 Quote Link to comment Share on other sites More sharing options...
footballfan25 Posted February 14, 2013 Share Posted February 14, 2013 Thanks mate, will get on this when I get home 0 Quote Link to comment Share on other sites More sharing options...
footballfan25 Posted February 14, 2013 Share Posted February 14, 2013 gutted i couldnt put this on while at work and odds changed by the time i got home 0 Quote Link to comment Share on other sites More sharing options...
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