Extrange Market

Make bookmakers cash cow machines
ppintaluba
Pro
ProProProPro
Contact:
Karma: 41
Location: Uruguay
Posts: 556
Joined: Tue Aug 07, 2012 2:48 am

Extrange Market

Wed Apr 03, 2013 10:33 pm

Hi. Yesterday I found an arbitrage between Bet365 and Unibet on the NBA match between Miami Heat and New York Nicks.
Miami odds where 2.25 on Bet365 (extra time included) and NY Nicks +0.5 odds where 1.9 on Unibet. That was a 3% arbitrage and both considered extra time. I placed the bet (and finally won on NY Nicks side).

After placing the bet I realized that NY Nicks +0.5 on full time (including extra time) makes no sense.
If extra time is included, that means there will be a winner. And in this case, the "+0,5" doesn't change anything. If NY Nicks wins, NY Nicks +0.5 also wins. If NY Nick loses, NY Nicks +0.5 also loses.

This handicap only is usefull on regular time, where a draw is possible. If this was the case, the bet could have be a middle opportunity, if the match ended in a draw and Miami had won on extra time. But that didn't happen :-)

I am missing something?
Smart Bet Tracker
www.smartbettracker.com
filip89
Gaining experience
Gaining experience
Karma: -3
Posts: 26
Joined: Tue Sep 11, 2012 9:34 pm

Re: Extrange Market

Thu Apr 04, 2013 12:04 am

ppintaluba wrote:I am missing something?
No, you didn't miss anything about bet type, but you sure missed better arb there.I had Miami arb 36.49%, 900EUR profit.
ArberLV
Has experience
Has experienceHas experience
Karma: 4
Posts: 103
Joined: Mon Apr 01, 2013 11:21 am

Re: Extrange Market

Thu Apr 04, 2013 12:25 am

filip89 wrote:
ppintaluba wrote:I am missing something?
No, you didn't miss anything about bet type, but you sure missed better arb there.I had Miami arb 36.49%, 900EUR profit.
Guy, can you say between which bookies was that amazing arb? i have never got more than 10% and only 1 time it was.
ppintaluba
Pro
ProProProPro
Contact:
Karma: 41
Location: Uruguay
Posts: 556
Joined: Tue Aug 07, 2012 2:48 am

Re: Extrange Market

Thu Apr 04, 2013 12:44 am

The most interesting thing besides the bookies is what markets where involved and how you dare to bet a 36% arb. Usually arbs over 5% o 6% have the risk to be a palp so I cannot imagine a 36% arb being true with no risk of cancelling.
Anyway, well done! :-)

PS: Was is prematch or live? At the end of the match odds were changing incredibly so I do believe a 36% arb could have happened.
Last edited by ppintaluba on Thu Apr 04, 2013 12:57 am, edited 1 time in total.
Smart Bet Tracker
www.smartbettracker.com
ArberLV
Has experience
Has experienceHas experience
Karma: 4
Posts: 103
Joined: Mon Apr 01, 2013 11:21 am

Re: Extrange Market

Thu Apr 04, 2013 12:49 am

Of course 36% sounds incredible and that reason why i want to know bookies

Return to “Arbing, matched betting and trading talk”