How to calculate?

Pages: [1]
 Author Topic: How to calculate?  (Read 1506 times)
peny22
Gaining experience

Karma: -5
Posts: 56

« on: December 09, 2018, 10:42:40 AM »

Gentlemen, I found an arbitrage between betfair and bet365. On the stock exchange there is a LAY rate = 5.7 Bet365 = 16 How to calculate?.
 Logged
dealer wins
Totally Pro

Karma: 28
Posts: 960

« Reply #1 on: December 09, 2018, 10:53:33 AM »

Gentlemen, I found an arbitrage between betfair and bet365. On the stock exchange there is a LAY rate = 5.7 Bet365 = 16 How to calculate?.

If you have to ask this, dont touch arbing betting!!!

This is the most basic of arbing bets.  You will lose money until you fully understand what you are doing.
 Logged

Never trust a goose!!!
peny22
Gaining experience

Karma: -5
Posts: 56

« Reply #2 on: December 09, 2018, 11:11:16 AM »

Gentlemen, I found an arbitrage between betfair and bet365. On the stock exchange there is a LAY rate = 5.7 Bet365 = 16 How to calculate?.

If you have to ask this, dont touch arbing betting!!!

This is the most basic of arbing bets.  You will lose money until you fully understand what you are doing.

How would you play?.
 Logged
AlexNotman1
To become a Pro

Karma: 7
Posts: 274

« Reply #3 on: December 09, 2018, 11:19:00 AM »

1000 euro on 16s and lay with 1540.28.
 Logged
dealer wins
Totally Pro

Karma: 28
Posts: 960

« Reply #4 on: December 09, 2018, 12:46:54 PM »

And then realise you will either have a palped bet, or that you have backed and laid different markets !!
 Logged

Never trust a goose!!!
arbusers
Totally Pro

Karma: 465
Posts: 4424

« Reply #5 on: December 09, 2018, 02:58:08 PM »

penny, unless you found the golden goose the odds offered by Bet365 are mistaken, or, you are looking at a different market.
I would not take this arb. Other than, that you are looking for a hedging calculator https://www.oddschecker.com/betting-tools/hedging-calculator
 Logged
 Pages: [1]