Do you go above 5% profit?

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jagarock
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jagarock

Do you go above 5% profit?
« on: August 15, 2015, 03:53:32 AM »

I have read some in here going for 3-5%.
It seems reasonable, the lower you go the less chance of the bet being void.

Do anyone have any success going higher than this?
I have had a couple 30% going through successfully the last couple of days.
It seems if you stay alert on which bets get cancelled, you can re-bet to minimize those losses.
So going this high can work, but maybe a tad extra stressful.

But for you people who stayed in the game a long time, maybe this extra stress is just not worth it?
Do you sometimes get that the bet will be void like minutes before the game start?
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Rudolpho
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Rudolpho

Re: Do you go above 5% profit?
« Reply #1 on: August 15, 2015, 08:17:20 AM »

Sometimes they void bets even after the match. That''s the most painful thing
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jagarock
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jagarock

Re: Do you go above 5% profit?
« Reply #2 on: August 15, 2015, 08:37:22 AM »

wth, can they do that legally
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AlexNotman1
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AlexNotman1

Re: Do you go above 5% profit?
« Reply #3 on: August 15, 2015, 09:00:09 AM »

Legally? They are bookies, they can do whatever they want. We have to accept their rules.
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jagarock
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jagarock

Re: Do you go above 5% profit?
« Reply #4 on: August 15, 2015, 09:09:10 AM »

i meant if its in the terms and conditions
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AlexNotman1
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AlexNotman1

Re: Do you go above 5% profit?
« Reply #5 on: August 15, 2015, 09:21:25 AM »

Of course. They got a right to void any bet (anytime) if they decide odds were wrong.
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Timorous
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Timorous

Re: Do you go above 5% profit?
« Reply #6 on: August 20, 2015, 12:49:15 PM »

I found an arb the other day for 1600%....yes 1600%

Sadly it was really a back/lay bet and max stake was 2p....still total stake of 12p got me £1.92
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SilverMamba
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SilverMamba

Re: Do you go above 5% profit?
« Reply #7 on: August 26, 2015, 06:36:30 AM »

Of course. They got a right to void any bet (anytime) if they decide odds were wrong.

They can in theory just void your bet and tell you the odds were wrong, but if the odds were actually what they intended, they're unlikely to do this as it would usually be to their disadvantage: they have set the odds at that price to even out the money on the various outcomes.  If they give a good price and it's not a mistake, it's because they want more money to go on that outcome.

In response to OP, in principle you can play high yield arbs, and watch closely for when your bets might be voided, but as you say, it's a stressful life.  Given that if the odds were wrong, the bookie can effectively void your bet at any time, it's much safe just to stick to lower yield arbs and tick over your investment slowly.
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