Arbusers

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?.

peny22 wrote: 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.

dealer wins wrote:

peny22 wrote: 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?.

1000 euro on 16s and lay with 1540.28.

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

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