Stoiximan false odds disaster

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georgaras1995
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georgaras1995

Stoiximan false odds disaster
« on: November 29, 2019, 10:16:33 AM »

Hello! I would like to share what happened yesterday night around 3am.
I had forgoten alert service open and an very good LIVE arb show up (around 25% and was increasing!).

So i took the decision to take action (normally i don't bet so late).
My stake was all in (Stoiximan 260 - Bet365 80), and normally i would win 50 when the 1st Half passed (from this arb).
When the Half time passed just the stake returned to Stoiximan and not the winnings.
 I contacted them and told me that it happened because they had false statistics about this match. So i lost 80  :( :(
I could cash out before Half time end  :(

I thought about possible mistakes i did:
1) Bet unusual time (3AM)
2) Go ALL-IN (i did that because that time i thought "i have to benefit from this rare opportunity)
3) Notice that the odds were frozen (the arb was going higher till the end of the half time "reached 70%") (but i already placed the bet when i noticed those frozen odds)  :(

I would appreciate any advice, to minimize the likehood of the same disaster

Best regards  :)
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Wolfie
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Wolfie

Re: Stoiximan false odds disaster
« Reply #1 on: November 29, 2019, 11:11:14 AM »

Hello this is a normal situation in arbing. Usually in this cases when bookie error is to big you leave the bet open and do not cover. Than you can rejudge in a later stage of game.
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georgaras1995
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georgaras1995

Re: Stoiximan false odds disaster
« Reply #2 on: November 29, 2019, 11:27:36 PM »

Thanks for the reply  :)
What you do to reduce this kind of risk?
(Any risk reduce strategy to recommend)

I appreciate your advice!

Regards  :)
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arbusers
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arbusers

Re: Stoiximan false odds disaster
« Reply #3 on: November 30, 2019, 08:42:53 AM »

You should be extremely careful with arbs of that size (25%). Personally, I wouldn't take it. If needed to take it, I would stick to my screens and e-mails until the game is finished, taking as a prerequisite that the market is also there for live betting with significant volumes. In the end, it doesn't worth it, especially when we talk about a small profit.
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Wolfie
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Wolfie

Re: Stoiximan false odds disaster
« Reply #4 on: November 30, 2019, 09:22:56 AM »

With experience you will be able to categorize bookies. Those who pay in this cases and those who do not pay in this kind of error. But for the moment you can play them as value until you have enough experience to categorize bookies or to cover on live in different markets, minimizing risk.
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