Extra Place Arbing idea to guarantee a profit , Please share your opinions!
-
I was just looking at the Goodwood 4:20 and thought could you use the extra place to get yourself some better numbers for a arb instead of hoping your horse finishes in the extra place, which the majority of the time you’ll take a small loss.
So instead of laying on the to be placed market (top 4), lay on the 5TBP for a lot lower lay odds for a decent arb, the favorite Thesme is currently at 6.5-6.6, place odds 2.375-2.14 on 5TBP, just a quick idea not put a lot of thought into it, any opinions welcome!
+0July 26, 2016 at 2:26 pm
-
-
New to matched betting?
My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
For the exact reason you have just stated you absolute clown, I’d happily pay 5% to trade on a place market were I am guaranteeing a profit, lay the win part at 2% to maximise profits
+0
I always use betfair for the place , doing good today on it too some decent arbs on bet365 today
+0
betbet93….well looks like we have a new clownimator in matched betting townimator
+0
enjoy your 50p arb btw
+0Just stating some facts which is something you should appreciate since you do it in every thread.
Just under £30 Arb actually, 2.375-1.79 ‘fact’+0
Hi betbet93. Yes that’s a good idea. Looked at it before. I tend to go for the regular “to place” market because there is more liquidity and action – no other reason.
But wherever you can find the best matches and biggest profit is alright.
+0Get regular offer updates, tip and tricks, big offer alerts and more straight to your inbox.
I was looking at this too,I think you could use this if your lay price drifted too much on the 4 place and started to eat your profit away.The gambler in me wants one of those 5th place payouts though not had one yet but I will get one eventually!
+0
Betbet93 – would the following work for example?
This uses a combination of bet365 C4 races (guaranteeing profit), each way arbing and extra places.
1400 Goodwood – the cashel man
Back £50 e/w, odds 7.0 on bet365 (so back odds of 7.8 and place odds of 2.5)
(Place odds currently 1/4 and paying 1-5)
Lay the win £50.13 on Smarkets for a £0.88 QL
Lay the place £64.10 on betfair (5TBP) for a £10.90 profit
Total profit of £10.02 I.e. 10% return on the original £100 outlay
Does this all add up? If so this could be replicated on each of the bet365 C4 races today.
+0Hi Betbet thanks for posting, I have looked into this before, and had thought of laying the win part on smarkets to minimise the cost of comms like you have done. I didn’t spend a lot of time on it to be honest with you, the problem I found was the lack of liquidity on the betfair market.
When I looked in the past it was not at the time of a large festival so perhaps when things like Gooodwood are taking place, liquidity will be much higher than usual this may well be a profitable idea. Once again thanks for posting, its posts such as this that still makes this place worth visiting every day.
+0@ Stanleybayor, you math looks ok, it would be useful if you could post the lay odds your doing your calcs on, I know I could work out those lay odds myself using the info you have already provided but that’s a bit too much work for a lazy sod like me.
+0Yeah that looks like it should work out fine mate, chance of another £50 on top of your£10 already!
The problem is liquidity yeah but as Dave pointed out with big events there is a lot more activity, i got £100 on the 5TBP yesterday which turned out to be a decent arb.
With the bigger races the market mite even increase more, let me know how you get on, lads.+0
@Dave_Jones good spot about the lay odds, they were 7.8 for the win and 2.0 for place at the time of writing this morning.
Didn’t get on this one as I wanted to check the maths was sound, but well worth doing going forwards.
+0
Have most people being gambling on hitting the 5th place all the time? There’s great money in just arbing it off.
+0
Probably works out at about same profit as finally hitting a 5th place, probably even more.
+0
You must be logged in to reply to this topic.
