EW Arbing
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Merry Christmas all, day’s over now so back to the grind 🙂
Have started trying out ew arbs, finding them manually but have two questions.
1. To try and remain under the radar, do you avoid races with a decent arb on the win market?
As an example, would a 17/13 with place at say 5/3.8 be too obvious?
Is it better to do say a 17/17 with the place at 5/3.8?
Or is the ew bet alone enough to reduce back bet profits at the bookmaker?
2. What kind of stakes can we get away with doing ew arbs?
Made up with my match betting profits so far and i generally have 2-3 hours spare most days and ew arbing defo seems like a good profit booster to overall profits.
Any comments appreciated.
+0December 26, 2016 at 12:27 am
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I’m finding this extremely frustrating this month. I’ve switched to underlaying instead of guaranteeing profit as per the extra place calculator. I’ve often managed a good arb on the win with a risk free shot at big money for the win, but I haven’t hit a thing. I’ve hit a few places but even with the underlay the profits are low.
Do other people underlay, lock in profit, or mix it up?
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I also find that unless I can sit and watch things progress throughout the day it’s risky. If I have things to do or distractions with kids/work it’s best left alone.
Not like the good old days of finding a quick free bet, locking in profit and buggering off!!!
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@beaser, I feel your pain. I decided this month to underlay everything as an experiment and am down about £400 from last month. And just today I thought “this isn’t working” so went back to laying fully for the guaranteed cash. Guess what – Giveaway Glance romped home and I only made a tenner!
What I usually do is underlay the place if its a horse with lower odds and in with a chance of placing or if the arb doesn’t turn out to be very good, and fully lay the outsiders.+0
Let me join the club Beaser, Deathstar.
See my last 2 posts.
I don’t concentrate and am greedy.
Always underlay the win as usually £ winnings are poor. Usually underlay the place, but make too many mistakes.+0
What’s peoples expected guaranteed profit % on stake? Today was my first real ‘each way arb only’ day and on the races I went for, made around £10 on a £50ew (So 10% £100) with a 17% in there. Up £45 for the day going only for guaranteed, no underlay but 2 horses came in…
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I like the idea of underlaying because if you win at the bookies it’s nice to get the value from them. For example I was doing the guaranteed method and, say, winning £20 of a £50e/w. However if I hit a few winners I was having to withdraw a big lump from the bookies for only a relatively small profit. I prefer the idea of winning bigger at the bookies by underlaying. At least that way if they restirct you for winning, you’ve taken them for a big chunk of money.
That said, it’s hard to keep to that method when you’re not hitting a damn thing.
I’ve not done well this month and done very little betting due to the festive period and having stuff on. I think I’ve probably won about only £50 from e/w whereas if I’d used the guaranteed method I’d probably be about £300 up. That said, it only takes one to come in and I’d be quids in!
I must have had at least three risk free shots at £300+ on about the 2nd/3rd SP fav winning.
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To answer your question. I could quite easily expect to find a match for £20 profit off a £50e/w bet. Often with Coral knocking out 1/4 places a lot more (£50-100), as I let the lay bet run until close to the post, and kept hitting steamers. I hit corals for about £100 a day for about 1hrs work tops. That said it only lasted a week as they closed my account!!!
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I never underlay the win part and always prepared to take a loss on it if needs be. The money is made on the each way arb so always worth underlaying that and if it does come in then £50 each way always yields good profit.
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Just to add to the excitement and get my heart racing, if I can’t get good place lay odds on a long chase I go in-race (and underlay).
I don’t expect any profit from the win arb so always go risk free underlay. It’s the place where the £’s are. Not usually tempted to go for guaranteed £ unless 20%+ on place.
If I weren’t so careless I’d make a lot more, but still learning.
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I sometimes do that too sleepless but only on the hurdles, if its over big fences then it only takes a fall or a mistake for the horse to be taken completely out of the race.
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just to prove Chris’ point above, I bet £50 e/w on Predict A Riot on the 22nd. win was 26/32 so £10 loss there, but place was 6/3 so up £38.50 fully laying both place and win.
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Fair point Chris – will be a bit more selective with the races.
It all boils down to what an individual is happy with, how much £ they have (and can afford to lose) and how much £ they want to win to make it worthwhile.
Risk and reward.
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Underlay unless it’s ridiculous not to.
I.e. Between 2.25 and 1.75 lay I will gaurentee profit.
I do not botter with commission either. The horse I ew arb usually come in. I sometimes do more than underplaying a a I feel I’m giving too much value to the exchange.+0
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