PreMatch arbing
I would like to share my results with one week arbing. After combing Arbusers forum decided to try it out. Since I am a newbie, started small and these results act as a proof of concept to me that arbing is possible. Some points
• My total profit was 13,19€ which is kind of ridicules but still profit.
• I had Total 175 eur in 5 bookies.
• I arbed for week using Rebelbetting which I highly recommend.
• Most money was made with laybetting.
• I selected 5 most active arb sites.
o Marathonbet
o Betfair
o Matchbook
o Pinnacle
o Interwetten
Lessons learned:
• Worst bookie was intterwetten. Constant limitations to 10€ per bet. 5% fee from total wager- My advice stay away.
• Betfair taxes were 6,54% : (
• None of bets were voided
• Take arbs that end soonest (no brainer I know )
• Stay away from hockey and tennis for now (Overtime rules differentiate)
Further plan.
• After forum reading will join AsianConnect88 deal to get lower BF tax 3,5% would be nice
• Bonus raiding RaidTheBookie seems nice
• Kelly Criterion for maximizing profits
Questions:
1. How do you keep track of your Arbs. I used good old excel from rebelbetting, but is there any software to automate it?
2. My next plan is to try to use Kelly Criterion for maximizing profits, Has anyone tried it?
3. What is the live arb site that you use? I have tried oddstorm but maybe betBurger.
First week lessons
- Cash
- Gaining experience
- Karma: -7
Post
Re: First week lessons
cool. thanks for the stats. did Interwetten limit your account, or are their limits just that low?
i believe kelly criterion is only useful if you are really informed about what you're betting on. surebetting is usually purely mathematical, unless you happen to be confident in an outcome. in that case, just have the profits go to your pick, and break even if you lose.
i believe kelly criterion is only useful if you are really informed about what you're betting on. surebetting is usually purely mathematical, unless you happen to be confident in an outcome. in that case, just have the profits go to your pick, and break even if you lose.
- ppintaluba
- Pro
- Contact:
- Karma: 41
- Location: Uruguay
Post
Re: First week lessons
Hi starter.
You can try Smart Bet Tracker. (http://sbt.smartbettracker.com)
It's a commercial application I have developed, but It's available for free within certain limits.
pm if you need help or more information about how to use it,
Best regards.
You can try Smart Bet Tracker. (http://sbt.smartbettracker.com)
It's a commercial application I have developed, but It's available for free within certain limits.
pm if you need help or more information about how to use it,
Best regards.
Smart Bet Tracker
www.smartbettracker.com
www.smartbettracker.com
- fuzzler
- Gaining experience
- Karma: -20
Post
Re: First week lessons
This looks nice Starter! I'm currently reviewing this but I think that could work.
- Arboman
- Gaining experience
- Karma: -2
Post
Re: First week lessons
Hi,
Nice results. Remember that making no mistakes is a priority when you start dealing with more cash. Btw AsianConnect88 do not offer betfair accounts, I just talked to their support - or am I missing something?
Nice results. Remember that making no mistakes is a priority when you start dealing with more cash. Btw AsianConnect88 do not offer betfair accounts, I just talked to their support - or am I missing something?