How do Bookies know you are Arbing?

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arbflarb
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arbflarb

How do Bookies know you are Arbing?
« on: January 19, 2017, 12:34:16 AM »

How do the online bookmakers know you are arbing? do they share bet information between each other or is it purely based on bet sizing and what you bet on?

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Arbusers
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Re: How do Bookies know you are Arbing?
« Reply #1 on: January 19, 2017, 07:47:26 AM »

Welcome to the forum.
Take a look here about player's profiling by bookmakers: https://arbusers.com/index.php/topic,4504.0.html
After that they do take a look to what you bet on, so if you beat them 1-2 times you could consider your account as limited.
In very rare occasions bookmakers would exchange information with other bookmakers and processors.
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dealer wins
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Re: How do Bookies know you are Arbing?
« Reply #2 on: January 19, 2017, 08:10:25 AM »

Im sure when you place a bet the bookmaker software will record the betfair odds at that exact time next to your bet.  After 3 bets it will be obvious you are arbing or only taking exceptionally good odds.
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geomak
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Re: How do Bookies know you are Arbing?
« Reply #3 on: January 19, 2017, 10:27:55 AM »

About speed of limit, i believe it depends on bookmakers softwares and of course how large stakes you use.
There are books (maybe most of them) that scanning real time all market prices and send an alert to trader if he is in arb zone.
So, when you place a bet before he change the price he already knows you are probably arbing and leave notes to your account and waits for your next bet or limits you instantly
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showMeDaMoney
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Re: How do Bookies know you are Arbing?
« Reply #4 on: January 19, 2017, 02:04:03 PM »

They can tell by the odds that they provide.

If 90% of bookmakers are offering odds at 1.90
and then your Bookmaker is offering at 2.20 (like 5%+)

Then suddenly you have 2000 users all wanting to place a bet at $2.20
They kind of bunch you up with the rest of the users that placed a bet at $2.20.
They may not be limiting you, but they limit that particular bet (or bets were they received a high number of requests.
i.e rebelbetting/and other sure bet sites.

Or you can just use a bookmaker that doesn't care like, pinnacle, betfair, sbobet, smarket, and more.
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maletaja
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Re: How do Bookies know you are Arbing?
« Reply #5 on: January 19, 2017, 04:39:25 PM »

Im sure there are no trader or human activity, its about algos. When there are ebnormaous activity then a) halt or b)fatal price reduction

But guys how do you explain second bet limitations? Even gambler can "mistake" first time and hit soft line:)
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midoritea
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Re: How do Bookies know you are Arbing?
« Reply #6 on: January 19, 2017, 05:03:03 PM »

Im sure when you place a bet the bookmaker software will record the betfair odds at that exact time next to your bet.
It makes little sense to offer out-of-line prices IF you already know they are out of line (when accepting the bet).

And the book generally cannot know you are arbing (ie. covering the other side), nor do they care. All they are interested in is whether you are sharper than their odds - what are the chances of you winning in the future. They are playing their own probability game (using everything available, math, statistics and profiling data).
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dealer wins
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Re: How do Bookies know you are Arbing?
« Reply #7 on: January 19, 2017, 10:27:46 PM »

Soft books are slow to change the odds as their mug punters dont like odds changes. (or they are just low budget with cr@p staff) Hence they are soft books.

Doesnt mean they dont know when their odds are an arb, quite the opposite they are super clued up on that!

Competent books dont even worry about arbs as they have confidence with  their odds/traders and/or manage their lines properly.
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midoritea
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Re: How do Bookies know you are Arbing?
« Reply #8 on: January 21, 2017, 01:45:53 PM »

Soft books are slow to change the odds as their mug punters dont like odds changes.
I'm afraid I disagree with almost everything you wrote. And staff matters little, software counts (thus the paradox remains).

Also, the year is now 2017, the majority of action is in live, where odds move constantly everywhere.
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Bubbles
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Re: How do Bookies know you are Arbing?
« Reply #9 on: January 21, 2017, 04:01:33 PM »

It makes little sense to offer out-of-line prices IF you already know they are out of line (when accepting the bet).
They do it quite often and consciously. It's called promotion. They've got enough juice and turnover to compete between themselves with those “best odds”. Comes without saying that, like bonus offers, it's aimed not at you but mugs to lure them to open new accounts.
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midoritea
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Re: How do Bookies know you are Arbing?
« Reply #10 on: January 21, 2017, 05:39:19 PM »

They do it quite often and consciously. It's called promotion. They've got enough juice and turnover to compete between themselves with those “best odds”.
IMO "best odds" generally means lowest juice, not "most tilted" or most out-of-line odds. Offering high odds on one side at the expense of very poor odds on the other side is not a good promotion.
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maletaja
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maletaja

Re: How do Bookies know you are Arbing?
« Reply #11 on: January 21, 2017, 05:57:27 PM »

I think bookies are trying to squeese juice down. Many bookies advertise thet they have 2% juice, or promotional offers 0% juice(coolbet)
Sry but 5% juice or even 10% juice is not normal nowadays...
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