The Betting Thread

[Cyburn2]

Heres what I may do tomorrow:

Arsenal
Bolton
Man City
Chelsea
Celtic

[Doug]

(arb betting is where odds offered on different bookmakers will guarantee a profit).

A real example:

Tennis A Murray vs J Benneteau Ladbrokes (1.909) | Sky Bet (5.500) 41.71% 21-Aug-09 5:48 pm

bet £1000 on Murray @ 1.909 would give profit of: £1909 / £350 on Benneteau at 5.5 would give £1925 a guaranteed profit of over £500.

That's insane. Are these kind of opportunities a regular occurrence?

Murray would be nowhere near 1.9 for a single against Benneteau. I'm guessing he must've done it in play at a point where Murray was a break or set down. Looking at the Djokovic v Simon match tonight, Djok is best price 1.2 whilst Simon is best price 6.0 so very little profit margin.

Also, less teams in your accas people or at least try it with smaller stake 7 or 8-fold upwards. It's 160/1 for a reason, to put it in perspective the same price as David Beckham is to win Sports peronality or Man City to go down.

Doesn't matter if it's in play or not though, all the matters is you have the time frame to bet on it. The Murray one I posted was available for 25mins posted at 5:28, so was early on in the match.

Another example is this:

Tennis L Hewitt vs R Federer Sky Bet (17.000) | Ladbrokes (1.571) 43.81% 21-Aug-09 7:16 pm 35 mins

As you can see, this was available for 35mins and available before the match.

The biggest profit margin reported in the past 30 days was over 400%, that's insane, yes it wouldn't happen often, but well worth it if you find it.

Edit *Just found Simon @ 6.5 on skybet and Jok at 1.3, depending on your bank roll, mines £600 that would be about £50

[Ropes]

(arb betting is where odds offered on different bookmakers will guarantee a profit).

A real example:

Tennis A Murray vs J Benneteau Ladbrokes (1.909) | Sky Bet (5.500) 41.71% 21-Aug-09 5:48 pm

bet £1000 on Murray @ 1.909 would give profit of: £1909 / £350 on Benneteau at 5.5 would give £1925 a guaranteed profit of over £500.

That's insane. Are these kind of opportunities a regular occurrence?

Murray would be nowhere near 1.9 for a single against Benneteau. I'm guessing he must've done it in play at a point where Murray was a break or set down. Looking at the Djokovic v Simon match tonight, Djok is best price 1.2 whilst Simon is best price 6.0 so very little profit margin.

Also, less teams in your accas people or at least try it with smaller stake 7 or 8-fold upwards. It's 160/1 for a reason, to put it in perspective the same price as David Beckham is to win Sports peronality or Man City to go down.

Doesn't matter if it's in play or not though, all the matters is you have the time frame to bet on it. The Murray one I posted was available for 25mins posted at 5:28, so was early on in the match.

Another example is this:

Tennis L Hewitt vs R Federer Sky Bet (17.000) | Ladbrokes (1.571) 43.81% 21-Aug-09 7:16 pm 35 mins

As you can see, this was available for 35mins and available before the match.

The biggest profit margin reported in the past 30 days was over 400%, that's insane, yes it wouldn't happen often, but well worth it if you find it.

Using the Benneteau example I guess the 5.5 on him was available before the match, so you put £350 on him to win. At this point Murray would've been about 1.15 I reckon. Now if Murray had started well his odds would not have improved, therefore making it difficult to get a profit at all. Say you didn't bet on Benneteau at the start but instead took the 1.909 on Murray during the match, you would then have to hope he found a way back into the match before you can grab Benneteau at long odds. I'd say there's a bit of risk to this and some skill required too, but then I'm a very cautious punter anyway.

Unless you mean that these players were those odds at the same time? Then if they were the bookies offering them deserve fleecing and I'm going to get back involved with Tennis betting.

[Doug]

(arb betting is where odds offered on different bookmakers will guarantee a profit).

A real example:

Tennis A Murray vs J Benneteau Ladbrokes (1.909) | Sky Bet (5.500) 41.71% 21-Aug-09 5:48 pm

bet £1000 on Murray @ 1.909 would give profit of: £1909 / £350 on Benneteau at 5.5 would give £1925 a guaranteed profit of over £500.

That's insane. Are these kind of opportunities a regular occurrence?

Murray would be nowhere near 1.9 for a single against Benneteau. I'm guessing he must've done it in play at a point where Murray was a break or set down. Looking at the Djokovic v Simon match tonight, Djok is best price 1.2 whilst Simon is best price 6.0 so very little profit margin.

Also, less teams in your accas people or at least try it with smaller stake 7 or 8-fold upwards. It's 160/1 for a reason, to put it in perspective the same price as David Beckham is to win Sports peronality or Man City to go down.

Doesn't matter if it's in play or not though, all the matters is you have the time frame to bet on it. The Murray one I posted was available for 25mins posted at 5:28, so was early on in the match.

Another example is this:

Tennis L Hewitt vs R Federer Sky Bet (17.000) | Ladbrokes (1.571) 43.81% 21-Aug-09 7:16 pm 35 mins

As you can see, this was available for 35mins and available before the match.

The biggest profit margin reported in the past 30 days was over 400%, that's insane, yes it wouldn't happen often, but well worth it if you find it.

Using the Benneteau example I guess the 5.5 on him was available before the match, so you put £350 on him to win. At this point Murray would've been about 1.15 I reckon. Now if Murray had started well his odds would not have improved, therefore making it difficult to get a profit at all. Say you didn't bet on Benneteau at the start but instead took the 1.909 on Murray during the match, you would then have to hope he found a way back into the match before you can grab Benneteau at long odds. I'd say there's a bit of risk to this and some skill required too, but then I'm a very cautious punter anyway.

Unless you mean that these players were those odds at the same time? Then if they were the bookies offering them deserve fleecing and I'm going to get back involved with Tennis betting.

Bingo, that's what arbing (arbitage betting) is about. Sorry, didn't make it clear. The timeframe I was referring to was the window both bets could be made at those odds so for 35mins you could get odds of:

Sky Bet (17.000) | Ladbrokes (1.571) on the L Hewitt vs R Federer match.

[Ropes]

Unless you mean that these players were those odds at the same time? Then if they were the bookies offering them deserve fleecing and I'm going to get back involved with Tennis betting.

Bingo, that's what arbing (arbitage betting) is about. Sorry, didn't make it clear. The timeframe I was referring to was the window both bets could be made at those odds so for 35mins you could get odds of:

Sky Bet (17.000) | Ladbrokes (1.571) on the L Hewitt vs R Federer match.

I see, cool. You still need to time it right within that 35 mins though right? For example during that same 35 min period the odds had probably swung to the complete other spectrum, say at worse Fed may have been 1.05 and Hewitt around 6 or 7. Looking from a negative pov, it seems a possibility to time it wrong and make a loss but I guess that's the skill of it.

Looking at Nadal v Berdych, Nadal is best 1.36 whist Berdych is 3.3. £1000 on Nadal would get back £1360 whilst £325 on Berd would get back £1072. Minimum £35 profit no risk on a £1000 bet.

Just need to find around £1500 to get started.

[bear]

On the subject of Tennis betting its worth mentioning the following:


Never bet on anything involving that twat Davydenko

I hate that guy.

[Ropes]

Looking at Nadal v Berdych, Nadal is best 1.36 whist Berdych is 3.3. £1000 on Nadal would get back £1360 whilst £325 on Berd would get back £1072. Minimum £35 profit no risk on a £1000 bet.

Just need to find around £1500 to get started.

Actually, might have that wrong. The win on Berdych wouldn't be enough to cover both stakes is that is in fact a terrible example.

[Doug]

I see, cool. You still need to time it right within that 35 mins though right? For example during that same 35 min period the odds had probably swung to the complete other spectrum, say at worse Fed may have been 1.05 and Hewitt around 6 or 7. Looking from a negative pov, it seems a possibility to time it wrong and make a loss but I guess that's the skill of it.

Looking at Nadal v Berdych, Nadal is best 1.36 whist Berdych is 3.3. £1000 on Nadal would get back £1360 whilst £325 on Berd would get back £1072. Minimum £35 profit no risk on a £1000 bet.

Just need to find around £1500 to get started.

No, the 35 mins is how long those odds were available with those bookmakers, so after 35mins both sets of odds were updated.
The risk is that you place the bet at 34.59 on one and 35.01 with another.

Sometimes these arbs are only available for a minute, sometimes for an hour.

Also, your example could potentially give you a loss as your total investment would be: £1325, if Berd wins you would make an overall loss.

Sky Bet (17.000) | Ladbrokes (1.571) on the L Hewitt vs R Federer match.

£92.75 @ 17 = £1572 and £1000 @ 1.571 = £1571 total investment = £1192 minimum return is £1571, guranteed profit is: £379

As I mentioned to Mind Crime, some people start off small to build their bankroll, some people places lots of smaller arbs. If you combine this with matched betting (taking advantage of free sportsbook offers) you can make a tidy some per month, relatively risk free.

http://en.wikipedia.org/wiki/Arbitrage_betting

[Ropes]

I see, cool. You still need to time it right within that 35 mins though right? For example during that same 35 min period the odds had probably swung to the complete other spectrum, say at worse Fed may have been 1.05 and Hewitt around 6 or 7. Looking from a negative pov, it seems a possibility to time it wrong and make a loss but I guess that's the skill of it.

Looking at Nadal v Berdych, Nadal is best 1.36 whist Berdych is 3.3. £1000 on Nadal would get back £1360 whilst £325 on Berd would get back £1072. Minimum £35 profit no risk on a £1000 bet.

Just need to find around £1500 to get started.

No, the 35 mins is how long those odds were available with those bookmakers, so after 35mins both sets of odds were updated.
The risk is that you place the bet at 34.59 on one and 35.01 with another.

Sometimes these arbs are only available for a minute, sometimes for an hour.

Also, your example could potentially give you a loss as your total investment would be: £1325, if Berd wins you would make an overall loss.

Sky Bet (17.000) | Ladbrokes (1.571) on the L Hewitt vs R Federer match.

£92.75 @ 17 = £1572 and £1000 @ 1.571 = £1571 total investment = £1192 minimum return is £1571, guranteed profit is: £379

As I mentioned to Mind Crime, some people start off small to build their bankroll, some people places lots of smaller arbs. If you combine this with matched betting (taking advantage of free sportsbook offers) you can make a tidy some per month, relatively risk free.

http://en.wikipedia.org/wiki/Arbitrage_betting

Yeah realised the goof I made there, was looking for something that didn't exist.

It definitely seems like something you need to make a commitment to, both financially and professionally and my respect goes to those with the balls to do it.

I'll have to make with ew golfers and long term bets.

[Count Nood]

Well, I won nothing today.

[Osito]

Not looking good here, either.


Still, Bayern

[Oblomov Boblomov]

Luton strawberry floated my accumulator up today.

[Osito]

Everton ruined it for me.

It was going so well after Spurs and Rangers managed to win, too.

[That's not a growth]

Bury wrecked me getting over £100 from a £1 bet. Thank God I didn't put more on.

And bloody Arsenal and Man U. I put a bet for no game in the premiership on sat to have more than 4 goals. Would have though that would be quite safe.

And I'm down £35 this last week. Going to try and win it back this week. And then the rest. Hopefully.

[Ropes]

My golf has been pretty much a wipeout this weekend too, no one really got within a sniff. At least my Michael Clarke bet came in to top the coffers up.

Even the F1 market isn't being too profitable for me at the moment, seems to be no real value there.

[Psychic]

Another weekend, another time for dreams to be built and shattered. I've got a moneyback offer from Betfair if I bet a tenner on a five fold and one doesn't come in, so any nailed on matches will be appreciated as suggestions.

[Cyburn2]

Doing this today:

Liverpool
Man U
Tottenham
Wolves

[Count Nood]

My main bet this weekend is £4 on Chelsea, Schalke, Spurs, Lolerpool, Real Madrid, Rangers, Man City, Villareal, and Atletico Madrid all to win. It'll bring in £150.

[G-Rat]

I don't really bet, but thought I'd make an appearance in this thread and see what goes on.

Don't follow football or anything like that, so don't have much to bet on. I play poker, but never for any real money or anything. Perhaps I should start though...When I have a little to spare that is...

I do remember though, the 2003 Grand National. Me and my family did the whole sweepstake thing, but we also put a couple of small bets on just for the crack. At that tender age of 13, I had £10 and nothing to spend it on, so I asked my dad if I could bet £10 on a horse of my choice, rather than the £2.50 he was saying. My choice was Monty's Pass at 16-1 odds.

Of course, he said no. So I bet a mere £2.50. And of course Monty's Pass won. So I won £37.50 or something, instead of winning £170.

That's my story, btw.

[Count Nood]

Schalke.