Arbing and spread betting
- Arbfan
- Gaining experience
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- Bubbles
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Re: Arbing and spread betting
You wrote arbing and spread betting but one has nothing to do with the other. If you have experience in trading that would be more like it. If you were successful at trading, not arbing, any sport market you might stand a chance at spread betting given that you'll learn your market well enough. Interesting fact is that according to FSA 82% of spread betting traders lose money (one year scale) which mean that 18% win or at least break even. That's more percentage-wise than the alleged number of ppl winning in sport betting ... Food for thought...
- dealer wins
- Totally Pro
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Re: Arbing and spread betting
I dont think you can "arb" spread betting, but I will be open to be corrected.
Never trust a goose!!!
- Bubbles
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Re: Arbing and spread betting
One has as much chance of arbing in spread betting as in “real” financial markets as one reflects the other.
- Bubbles
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Re: Arbing and spread betting
Having said that since they are bets in theory there is a possibility of finding arbs between different “bookmakers”.
- Bubbles
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Re: Arbing and spread betting
"Most arbitrage opportunities open up on spread bets which are not based on an underlying market price, or that are based on an underlying market that is not open at the time. Examples of this include ‘grey-market’ share bets, and out-of-hours bets on the international financial indices."
http://www.financial-spread-betting.com/strategies/arbitrage-trading.html
http://www.financial-spread-betting.com/strategies/arbitrage-trading.html
- maletaja
- Pro
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Re: Arbing and spread betting
Any good bookies doing spread betting? What people think about betfair?
- Bubbles
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Re: Arbing and spread betting
You've got easily well over 200 available. Like with sport bookies caution is advised while approaching small and unknown enterprises registered in exotic locations. The big boys (google will guide you) are all safe in terms they won't steal your money. However they may investigate, limit you or even send your case to FSA if they suspect you do something dodgy. Serious stuff compared to sport books that don't have such leverage. There used to be (and I think still is) an easy way to make money out of them but I know at least one person who was prosecuted for doing this (charged for market manipulation) so I'm not going to elaborate on it.
- my_username
- Has experience
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Re: Arbing and spread betting
prosecuted by an "exotic location" sportsbook? or one with uk licence?
- maletaja
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- Bubbles
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Re: Arbing and spread betting
One with a UK licencemy_username wrote: prosecuted by an "exotic location" sportsbook? or one with uk licence?
- Bubbles
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Re: Arbing and spread betting
..or to be precise - prosecuted by FSA, reported by one with a UK licenseBubbles wrote:One with a UK licencemy_username wrote: prosecuted by an "exotic location" sportsbook? or one with uk licence?
- Arbfan
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Re: Arbing and spread betting
My idea was get some free bet on spread betting bookmeakers and then to cover it with soft/hard classic bookmakers to arb or just hedge it with exchcenge . I dont know to much about spread betting but I have lot of experience from exchcenge traging .I see that there is the problem if you lose on spread betting stake y will loose more like is yor stake but if can catch good arb I could move the money so that site on winning normal bookemaker will cover all loose on spread betting site , but no idea if the spread betting odds are lite bit higher . Just an idea.
- Arbfan
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