Sharbing
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I think everyone should post any sharbs they find here [often the odds in betting shops are fixed as they are printed onto a slip at the start of the week, so if the odds fall then money can be made out of an arb]
+0November 30, 2015 at 3:08 pm
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Hi Chris, are you sure about that? I thought that once the odds fluctuate then you get the new price?
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Yes there is potentially money to be made, the odds are fixed if you bet at the bookies with the slips.
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Never thought about this before. Are there many opportunities to make money out of this? Not been in a bookies for a couple of years!
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Let’s try to get at least one sharb out of this so this weekend
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Was in Ladbrokes earlier, had a look at this and yes prices on dockets were different but asked at the counter and was told odds were different and lower if I did in fact want to place bets on such selections.
Are you guys 100% on this?
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Yes it sometimes works and some bookies are better than others. Don’t give up mate.
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My only problem is that I live in a village near a north Northumberland town. Only Hills and an independent bookie, but gonna pop down tomorrow to get some slips and look into this more.
+0There are lots who do this for a living, traveling round the country putting on a few hundred in each shop and moving on.
I’ve read a bit about it but have done it only once and I felt like a secret agent on a mission. The way to do it is to grab the coupons as soon as their put out and look for the early value where odds have changed by Thursday, then on a Fridaynight or Saturday morning use the coupons to place your bets.
It is important that you use your coupon rather than just fill out a slip because the coupons have the better odds on. You can select singles on most coupons and there is generally a max bet in each shop before the staff member has to phone for authorisation.
Once you get your slip check the odds and the payout and if it doesn’t match you’re entitled to ask for your money back.
Once your bets on get your lays on, either on your phone or as soon as after you get home.
I bet £100 and laid off for about £7 profit as I recall, bookie bet won which meant I had to pick up the cash, around £250 and the logistics of it all made me think that it wasn’t for me.
Think if you had £250 to collect in 10+ shops! You’d need a bodyguard!
Have a Google search for this and you’ll find some interesting discussions, there are groups you can join who share the coupons and sharbs online as soon as they’re published but they’re hard to get into because as soon as a bet is abused you’re more likely to be refused the coupon odds.
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This is interesting iv never thought about this before…i have never even heard of sharbing before. Let me know how it all goes if anyone tries it 🙂
+0It’s probably also worth noting that it took me AGES to work the arbs out. I got coupons from Coral, ladbrokes and Hills and entered ALL of the odds from the main matches, btts and amount of goals coupons, only coral have the good sense to provide a decimal coupon and that’s only for the wdw market.
Once I’d typed all the odds I to a spreadsheet, with my other half helpfully dictating them I was able to copy the betfair odds into excel and use the find/replace function to tidy the text up a bit, luckily the betfair coupon was in the same order, I then did a few simple calculations to highlight the arbs, there were about 10, however after noting that once the 5% betfair commission was applied there were about 5.
I monitored the arbs and picked the one I hoped the lay odds would shorten most. I’d hoped to make at least a tenner for my efforts.
Had I made a tenner I’d probably have studied a bit more, created some macros to make the whole process easier and stuck with it but in all honesty it’s a lot of work.
That’s why potentially with a forum like this there is scope to share the load with a few of us doing a coupon each perhaps and someone to make a spreadsheet to do the calculations and data formatting.
I would worry though with it being publicly accessible that we would get shut down pretty quickly as you don’t know who is monitoring this!
Bearing that in mind and also the fact that I know from a previous post that Matt is not keen on this forum being used as a conduit for other communication I. E. WhatsApp groups etc I feel that the sharing of information would be difficult!
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