Hi Guys. been reading on here for a while and thought i would ask a newbie question. sure its me but with oddstorm and rebelbetting and im sure other sites aswell....the 3 outcome arbs dont seem to make sense, there isnt an arb there. ive done the calculations and every 3 way arb i always come up with a huge negative
e,g rebel betting today:
outcome 1 2.40
outcome 2 1.53
outcome 3 2.34
-50%!!!
i work that out as a big lose. tell me if its me but i just want some clarification from you more experienced arbers. thanks
3 outcomes
- 77chieffev77
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Re: 3 outcomes
well im glad it isnt me! so why do they always appear with 3 way outcomes, there on there now, are they glitches?
- kustef
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Re: 3 outcomes
what if one of them is asian handicap odds, or two of them?77chieffev77 wrote: Hi Guys. been reading on here for a while and thought i would ask a newbie question. sure its me but with oddstorm and rebelbetting and im sure other sites aswell....the 3 outcome arbs dont seem to make sense, there isnt an arb there. ive done the calculations and every 3 way arb i always come up with a huge negative
e,g rebel betting today:
outcome 1 2.40
outcome 2 1.53
outcome 3 2.34
-50%!!!
i work that out as a big lose. tell me if its me but i just want some clarification from you more experienced arbers. thanks
- 77chieffev77
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Re: 3 outcomes
the odds are still the same as above regardless. Anyone shed anymore light
thanks for the replies
thanks for the replies
- cristi13
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Re: 3 outcomes
Not enough info. What kind of outcome are these odds for? 1x2 or some other selection?77chieffev77 wrote: Hi Guys. been reading on here for a while and thought i would ask a newbie question. sure its me but with oddstorm and rebelbetting and im sure other sites aswell....the 3 outcome arbs dont seem to make sense, there isnt an arb there. ive done the calculations and every 3 way arb i always come up with a huge negative
e,g rebel betting today:
outcome 1 2.40
outcome 2 1.53
outcome 3 2.34
-50%!!!
i work that out as a big lose. tell me if its me but i just want some clarification from you more experienced arbers. thanks
- 77chieffev77
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Re: 3 outcomes
ok a current example on oddstorm right now....
AH1 -1 1.83
EHX -1 3.60
X2 3.25
e.g for easy reckoning, bet £100, guarateed loss of £11.58/13.10% no?
AH1 -1 1.83
EHX -1 3.60
X2 3.25
e.g for easy reckoning, bet £100, guarateed loss of £11.58/13.10% no?
- qbet
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Re: 3 outcomes
The last example is actually an arb. EHX-1 pays when the home team wins exactly by one goal.
On the first example, AH1 (-1.5), AH1(-0.5) , AH2(+1) is an arb. Outcomes need to intersect.
On the first example, AH1 (-1.5), AH1(-0.5) , AH2(+1) is an arb. Outcomes need to intersect.
- sportoboy
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Re: 3 outcomes
I think that besides the "newbie" category, there must be a "clueless" category added in the forum
- ppintaluba
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AH1 -1.75 @2.27
AH2 +2 @2.1
AH2 +2.5 @1.375
AH1 -1.75 AH2 +2 AH2 +2.5 Total
Stake 117.00 91.00 54.00 262.00
Odds 2.27 2.1 1.375
Possibilities Payout Win
Team 1 wins by 3 or more 265.59 0.00 0.00 265.59 3.59
Team 1 wins by 2 191.30 0.00 74.25 265.55 3.54
Team 1 wins by 1, draw or lose 0.00 191.10 74.25 265.35 3.35
Re: 3 outcomes
This CAN be an arb. It depends on the markets. There are arbs where you win more than one bet at a time, or you win one bet and other is pushed (money returned), or half win, etc. The key is that the outcomes are not exclusive. In example:77chieffev77 wrote: Hi Guys. been reading on here for a while and thought i would ask a newbie question. sure its me but with oddstorm and rebelbetting and im sure other sites aswell....the 3 outcome arbs dont seem to make sense, there isnt an arb there. ive done the calculations and every 3 way arb i always come up with a huge negative
e,g rebel betting today:
outcome 1 2.40
outcome 2 1.53
outcome 3 2.34
-50%!!!
i work that out as a big lose. tell me if its me but i just want some clarification from you more experienced arbers. thanks
AH1 -1.75 @2.27
AH2 +2 @2.1
AH2 +2.5 @1.375
AH1 -1.75 AH2 +2 AH2 +2.5 Total
Stake 117.00 91.00 54.00 262.00
Odds 2.27 2.1 1.375
Possibilities Payout Win
Team 1 wins by 3 or more 265.59 0.00 0.00 265.59 3.59
Team 1 wins by 2 191.30 0.00 74.25 265.55 3.54
Team 1 wins by 1, draw or lose 0.00 191.10 74.25 265.35 3.35
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- 77chieffev77
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Re: 3 outcomes
ppintaluba -
Many thanks, really helped that. im still researching as i go and learning all the time. Forums are a great tool. although i dont see why ppl feel the need 1) not to help in the slightest and 2) name calling but hey thanks sportoboy for all your input .
Anyway ppintaluba thanks again i will look into that
Many thanks, really helped that. im still researching as i go and learning all the time. Forums are a great tool. although i dont see why ppl feel the need 1) not to help in the slightest and 2) name calling but hey thanks sportoboy for all your input .
Anyway ppintaluba thanks again i will look into that
- kustef
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Re: 3 outcomes
Search or google "cross market arbitrage" you will need to know what asian handicaps are.. Combination of asian handicaps and european handicaps and odds is something you will need ..77chieffev77 wrote: ppintaluba -
Many thanks, really helped that. im still researching as i go and learning all the time. Forums are a great tool. although i dont see why ppl feel the need 1) not to help in the slightest and 2) name calling but hey thanks sportoboy for all your input .
Anyway ppintaluba thanks again i will look into that
- sportoboy
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Re: 3 outcomes
Mate, you obviously don't know even the very basics of betting. First learn how to bet, find out what each betting market type is etc and then start doing arbitrage. If you don't know how to bet, you can't arb. It's so plain simple. It's 100% sure that you will LOSE your money instead of making money from this if you don't take it step by step. I always encourage newbies to read this forum, but this isn't my advice for you. You have a lot to learn before coming here again to exploit arbitrage opportunities.77chieffev77 wrote: ppintaluba -
Many thanks, really helped that. im still researching as i go and learning all the time. Forums are a great tool. although i dont see why ppl feel the need 1) not to help in the slightest and 2) name calling but hey thanks sportoboy for all your input .
Anyway ppintaluba thanks again i will look into that
- 77chieffev77
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Re: 3 outcomes
im just trying to work out, via an excel spreadsheet a calculation for this type of arbitrage, AH EH etc. the online ones dont take into consideration free bets etc. yes im NEW hence why im asking newbie questions. whats the point of a forum (regardless) of the subject if you can't even ask newbie questions in the 'newbie' section. ive currently got a 2 outcome spreadsheet + 1 utilising free bets and also one for 3 outcomes + another utilising free bets. its just when you start with AH etc the spreadsheets becomes useless and you cant really work out the best course of actiono to maximise profits. listen ive never come on any forum asking to be spoon fed, and i aint here. im researching all the time here, this forum and the internet in general. I understand the bets, maybe you can help on the formula im trying to create on excel.
- ppintaluba
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Re: 3 outcomes
The arbitrage where outcomes are independent are very easy to calculate in excel (and I see you already did it).
Cross market arbitrage where outcomes are not independent are more difficult, because there are many combinations. It depends on the arb type the maths you have to do and there are many arb types.
It is much easier to use an online calculator that already solves this problem. Oddstorm has one with many options (you must register), and there are other sites also offering this.
Cross market arbitrage where outcomes are not independent are more difficult, because there are many combinations. It depends on the arb type the maths you have to do and there are many arb types.
It is much easier to use an online calculator that already solves this problem. Oddstorm has one with many options (you must register), and there are other sites also offering this.
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