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Cenarsaz
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Betfair bets

Sat Aug 02, 2014 9:59 pm

Hey guys!

I have a stupid question, sorry to ask.

I use Betburger alert service and cannot understand, how to make Double Chance bets there? There were plenty of arbs "1X-2" and I just can't find them at Betfair site.

Glad to join you people. Thanks for answers.
cristi13
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Re: Betfair bets

Sat Aug 02, 2014 10:11 pm

1x = lay 2
In the betburger pop-up you have lay odds as well, under 1x
Cenarsaz
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Re: Betfair bets

Sun Aug 03, 2014 12:47 am

Ok, so right now there is an arb:

1 = 1.286 ($177)

X2 = 5.348 ($45)

Total 222; Profit 5,5 both ways.

Lay = 1.230 (It offers me $196 bet)

These numbers just don't settle well in my head.

Could someone explane for "special people" please? Much obliged.
ppintaluba
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Re: Betfair bets

Sun Aug 03, 2014 1:31 am

It depends on your betfair commission. Assuming 6.5%

177 @1.286 = 227.62
45 @1.230 (Lay) = 240.65. Less 6.5% = 227.93 (You have to risk 45)

You bet 177+45 = 222. You win more than 227 in any case.
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Cenarsaz
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Re: Betfair bets

Sun Aug 03, 2014 1:42 am

Tnx mate. Will try to understand this now.
doncht
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Re: Betfair bets

Sun Aug 24, 2014 1:58 pm

177 @1.286 = 227.62
45 @1.230 (Lay) = 240.65. Less 6.5% = 227.93 (You have to risk 45)

You bet 177+45 = 222. You win more than 227 in any case.
Got it. And thank you. This clears out a lot of confusion for me.
ppintaluba
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Re: Betfair bets

Sun Aug 24, 2014 2:17 pm

doncht wrote:
177 @1.286 = 227.62
45 @1.230 (Lay) = 240.65. Less 6.5% = 227.93 (You have to risk 45)

You bet 177+45 = 222. You win more than 227 in any case.
Got it. And thank you. This clears out a lot of confusion for me.
You are welcome  :)
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