Extrange Market

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ppintaluba
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ppintaluba

Extrange Market
« on: April 03, 2013, 11:33:30 PM »

Hi. Yesterday I found an arbitrage between Bet365 and Unibet on the NBA match between Miami Heat and New York Nicks.
Miami odds where 2.25 on Bet365 (extra time included) and NY Nicks +0.5 odds where 1.9 on Unibet. That was a 3% arbitrage and both considered extra time. I placed the bet (and finally won on NY Nicks side).

After placing the bet I realized that NY Nicks +0.5 on full time (including extra time) makes no sense.
If extra time is included, that means there will be a winner. And in this case, the "+0,5" doesn't change anything. If NY Nicks wins, NY Nicks +0.5 also wins. If NY Nick loses, NY Nicks +0.5 also loses.

This handicap only is usefull on regular time, where a draw is possible. If this was the case, the bet could have be a middle opportunity, if the match ended in a draw and Miami had won on extra time. But that didn't happen :-)

I am missing something?
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filip89
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filip89

Re: Extrange Market
« Reply #1 on: April 04, 2013, 01:04:20 AM »

I am missing something?

No, you didn't miss anything about bet type, but you sure missed better arb there.I had Miami arb 36.49%, 900EUR profit.
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ArberLV
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ArberLV

Re: Extrange Market
« Reply #2 on: April 04, 2013, 01:25:53 AM »

I am missing something?

No, you didn't miss anything about bet type, but you sure missed better arb there.I had Miami arb 36.49%, 900EUR profit.
Guy, can you say between which bookies was that amazing arb? i have never got more than 10% and only 1 time it was.
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ppintaluba
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ppintaluba

Re: Extrange Market
« Reply #3 on: April 04, 2013, 01:44:08 AM »

The most interesting thing besides the bookies is what markets where involved and how you dare to bet a 36% arb. Usually arbs over 5% o 6% have the risk to be a palp so I cannot imagine a 36% arb being true with no risk of cancelling.
Anyway, well done! :-)

PS: Was is prematch or live? At the end of the match odds were changing incredibly so I do believe a 36% arb could have happened.
« Last Edit: April 04, 2013, 01:57:06 AM by ppintaluba » Logged

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ArberLV
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ArberLV

Re: Extrange Market
« Reply #4 on: April 04, 2013, 01:49:15 AM »

Of course 36% sounds incredible and that reason why i want to know bookies
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