Arbing Manual Local shops

Make bookmakers cash cow machines
cyprus
Gaining experience
Gaining experience
Karma: 3
Posts: 17
Joined: Mon Jul 09, 2012 10:07 pm

Arbing Manual Local shops

Sun Feb 02, 2014 11:53 am

Hello Guys.
As you know I am leaving in Cyprus and we have around 6-8 local bookies here.
Most of them have odds written on papers (old fashion). So that means odds dont change every mins but every 4-5 hours (mostly Bookies) Checking prices we discover that odds are not similar and they have arbs. The most important is that they dont cancel bet slips.
So my idea is every friday collect the odds manual from their shops and create an excel file to add them and find arbs.
I know thats alot of work but I want to give it a try to see if it worth's.

Anyone has an excel file ready ? I am willing to pay someone to create me one. Need it to be easy .
Team A- Team B - Team C odds to show what % is arb if (there is one)
After add my total stake and give me how much to bet on each team

What you think arb users?
ArberPro
Has experience
Has experienceHas experience
Karma: 16
Posts: 219
Joined: Fri Jul 20, 2012 7:48 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 12:01 pm

This is called sharbing,search on the forum.
I heard that if you do alot of sharbing you will get banned.
Last edited by ArberPro on Sun Feb 02, 2014 12:13 pm, edited 1 time in total.
User avatar
arbusers
Administrator
AdministratorAdministratorAdministratorAdministratorAdministrator
Contact:
Karma: 570
Posts: 5016
Joined: Thu Dec 30, 2010 4:34 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 12:25 pm

ArberPro wrote: I heard that if you do alot of sharbing you will get banned.
The market in Cyprus is still virgin. There might be some chances.
fnatic91
Pro
ProProProPro
Karma: 7
Posts: 539
Joined: Thu Aug 23, 2012 10:36 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 12:47 pm

I suggest you to make parlay  arbing,because you get a higher profit.

Wake up early in the morning , check manually the odds , find three games in which arb occurs (matches should have  a time frame of at least 2 hours between each other , let's say 2pm - 4pm - 6.30 pm) , then parlay them.
Actually , matchbook is offering a 0% commission on soccer , so you can lay matches there  one by one.

I have done this myself and i can say that if the arbing parlay goes to the 3rd match , you can reach at least 20% profit
wibble wobble
Gaining experience
Gaining experience
Karma: 3
Location: newcastle
Posts: 87
Joined: Mon Nov 11, 2013 4:12 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 1:09 pm

interesting fnatic91
i am arbitrage
dr
drhoo

Re: Arbing Manual Local shops

Sun Feb 02, 2014 1:27 pm

unless the odds move the other way, then you have -20% arb?
fnatic91
Pro
ProProProPro
Karma: 7
Posts: 539
Joined: Thu Aug 23, 2012 10:36 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 3:10 pm

drhoo wrote: unless the odds move the other way, then you have -20% arb?
Let's say your 3rd match of your parlay  is Juventus - Inter .
When you back Juventus @ 1.5 at your local while at the same time lay Juventus is @1.40 at betfair  , then it's impossible  that lay Juventus  jumps above 1.50.
Even if it jumps above 1,50 (let's say 1.53) , you will still have profits.Why ? Yes , you will loose in this match (juventus - Inter)  , but you have already earned smth like 10% in 2 first matches.

Based on my experience , i never head a negative parlay arb.The line always moved in my way , cuz i always picked (heavy) favourites
anormal1992
Has experience
Has experienceHas experience
Karma: -9
Posts: 241
Joined: Thu Mar 29, 2012 7:23 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 3:34 pm

if you see even before starting the first match that you third match is going against you ,you can let the profit of first two matches in the softbook,so you can avoid big damage if parlay goes to the third one. Once i had a 5 teams parlay ,with 1000 euro stake,total odds 3.7, and the profit was something like 550 euros.
cyprus
Gaining experience
Gaining experience
Karma: 3
Posts: 17
Joined: Mon Jul 09, 2012 10:07 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 8:03 pm

bri999 wrote:
cyprus wrote: Hello Guys.
As you know I am leaving in Cyprus and we have around 6-8 local bookies here.
Most of them have odds written on papers (old fashion). So that means odds dont change every mins but every 4-5 hours (mostly Bookies) Checking prices we discover that odds are not similar and they have arbs. The most important is that they dont cancel bet slips.
So my idea is every friday collect the odds manual from their shops and create an excel file to add them and find arbs.
I know thats alot of work but I want to give it a try to see if it worth's.

Anyone has an excel file ready ? I am willing to pay someone to create me one. Need it to be easy .
Team A- Team B - Team C odds to show what % is arb if (there is one)
After add my total stake and give me how much to bet on each team

What you think arb users?
shop arbing is not very difficult, all you need is a laptop with mobile broadband in your car  parked outside the bookies,
you'll soon know if there any arbs in your local shop, in the UK there are many big chains of betting shops and shop
arbing used to be very lucrative but now it's price change after price change but as they were big chains and not
local bookies you didn't have to worry about getting your legs broken, I'd be careful about these "local bookies" I
don't imagine they will take too kindly to you taking their money if they were to catch on to what you are up to.
Uk local shops have a website and it is very easy to find arbs. In cyprus none of them have website. So need to collect the odds and add them in excel to calculate arbs.
Yngwie
Pro
ProProProPro
Karma: 20
Posts: 580
Joined: Tue Feb 26, 2013 10:58 pm

Re: Arbing Manual Local shops

Sun Feb 02, 2014 9:23 pm

fnatic91 wrote: I suggest you to make parlay  arbing,because you get a higher profit.

Wake up early in the morning , check manually the odds , find three games in which arb occurs (matches should have  a time frame of at least 2 hours between each other , let's say 2pm - 4pm - 6.30 pm) , then parlay them.
Actually , matchbook is offering a 0% commission on soccer , so you can lay matches there  one by one.

I have done this myself and i can say that if the arbing parlay goes to the 3rd match , you can reach at least 20% profit
I'm a big fan of parlay arbing too ;)
bookielover
Gaining experience
Gaining experience
Karma: 5
Posts: 44
Joined: Mon Nov 07, 2011 4:49 pm

Re: Arbing Manual Local shops

Mon Feb 03, 2014 12:33 pm

cyprus wrote: Uk local shops have a website and it is very easy to find arbs. In cyprus none of them have website. So need to collect the odds and add them in excel to calculate arbs.

Ever heard of OCR? ... Excel Sheets, pens and calculators? If this is true, then arbing is by far not yet dead and will not be in the near future  ;)
dr
drhoo

Re: Arbing Manual Local shops

Mon Feb 03, 2014 12:53 pm

anormal1992 wrote: if you see even before starting the first match that you third match is going against you ,you can let the profit of first two matches in the softbook,so you can avoid big damage if parlay goes to the third one. Once i had a 5 teams parlay ,with 1000 euro stake,total odds 3.7, and the profit was something like 550 euros.
i have to learn this one day
Saloman
Gaining experience
Gaining experience
Karma: 3
Posts: 20
Joined: Thu Feb 13, 2014 11:39 pm

Re: Arbing Manual Local shops

Thu Feb 13, 2014 11:57 pm

OP: Do you mean you want to do a dutch bet, i.e. put a bet on home, draw, away in three different bookies? In my experience you don't find many arbs this way, it's better to either lay them at an exchange or dutch them with Pinnacle.

I can provide you with a spreadsheet to find arbs, drop me a PM and we'll discuss how it works.
ppintaluba
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Contact:
Karma: 40
Location: Uruguay
Posts: 643
Joined: Tue Aug 07, 2012 2:48 am

Re: Arbing Manual Local shops

Fri Feb 14, 2014 12:11 am

After chating with cyprus, I sent him a basic excel to enter odds and find arbs on 1X2, OU, AH etc. It was a simple first approach to see if it would be useful. The excel takes the maximum odds for each outcome and market and tells the arb percentage, which bookies to choose and how much to stake on each side.
"I'm willing to pay" was written on the first post. I didn't expect to be paid for such a simple task, but I didn't even receive a "thank you".... or "your excel sucks" :).
Smart Bet Tracker
www.smartbettracker.com
caraPan
Has experience
Has experienceHas experience
Karma: 4
Posts: 169
Joined: Mon Oct 14, 2013 9:38 am

Re: Arbing Manual Local shops

Fri Feb 14, 2014 9:43 am

what a stupid newbie then.

Return to “Arbing, matched betting and trading talk”

Recent Posts

Login · Register