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help a new guy

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barona
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help a new guy

Mon Dec 01, 2014 9:05 pm

Hello to all business's mans out here and all Arbers.
I'm new in this and I will get strait to the point.I'm doing researches on how to make arb bets (safe bets etc.)
I read almost all treads in the newbie section and continuing reading try the forum and I must say its great I still  don't understand most of the things people writhe but
I'm making my way and not giving up by now i have learn this :
I know the formula and I can use it. Let me make an example so if I'm wrong some one could correct me.
I found a basketball match today at 1 bookie 1.90 / 1.90 at the other was 1.48 / 2.70
so i take the 1.90 from the first and the 2.70 from the second
lets say we use 100$
(1/1.9)x100 = 52.63%
(1/2.7)x100 = 37.04%
52.63% + 37.04% = 89.67 % if its under 100% i must have an arb.
(100/89.67)-100= 11.52 profit or percent wining's
to know how to place on them i used the second formula
(100x52.63%) / 89.67 = 58.69$
(100x37.04%) / 89.67 = 41.31$
i read that y can make them on "5" 5-10-20-25-30 circled (i don't know the word for that)
so i make my bet 60$ on the first and 40$ on the second
i want to ask is this the right way to get in this ?
tomorrow I will get my bank card with some cash like 100$ (don't hate me most people start with way more cash I have 10 000 ready to invest in this
just want to not screw it up, just testing 1-2 weeks with low bugged I think it wont kill no one)

I should play matches that start early'er as possible.
I should bet when I calculated as fast as possible so the coefficient don't change drop etc.
I don't know what more should I do now, I understood that betfair is good for arbs and is the asian handicap matches goal + or something like that , you play on live matches ?
I will make accounts in the different bets but if some one can explain about the handicap and asian divison and do I need some software or something else,
to continue learning and understanding the arb betting I would be very grateful. THANK YOU !

btw. I write very bad my english is second language so I'm sorry for being a self learner.
And I write the formula cause I haven't seen it in the newbie section or missed it (if its the real  deal of course)
dwaynnyt
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Re: help a new guy

Thu Dec 04, 2014 6:32 pm

200 is good I think when someone is just starting up?
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barona
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Re: help a new guy

Sun Dec 07, 2014 9:21 am

thank y ppintaluba for the reply i checked the links y offered im currently playing poker with my money to make them around 300-400 for now cause as y say 100-200 is nothing i can place em in 2 bokies max its kind of pointless :D i read that higher then 5% are not good y must have experience to know when to place on higher % arbs
im learning the asian handicap now and i understand it in but i think i will not play it yet and i will get some free arb software just to see how things are going in there too :)

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