hi guys i need to confirm something here.
I think i found a spot where I can arbitrage bet but need some more input since i'm new.
So Bookie A has Argentina -1 corner at 1.8
Bookie B has Croatia +1.25 corner at 2.03
Now if I bet 2000 on both side.
2000 x 1.8 = 1600
2000 x 2.03 = 2060
Basically 4 outcomes.
Equal amount of corners it's +60
Croatia ends with more corners it's +60
Argentina only has 1 corner over Croatia it's +1030
Argentina has 2+ corners over Croatia it's -400
is my thinking correct?
And if it were you, how would you utlize this opportunity (if it's a opportunity at all)
and ps, if i bet 3000 on Croatia 2000 on argentina the result would be +1090 +1090 +1545 -1400
and last question, if there a arbitrage calculater for this kind spot?
thanks in advance!!!
new guy, and i have a question
- dataofsport
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Re: new guy, and i have a question
You can call it arb but obviously these two odds produce loss. However, you re aiming to hit precisely Argentina more by 1 corner. Therefore, it is a bet so-called Middle. Morefurther, you re looking whether is there value in Argentina more corners by 1 but we'll come to that.
First you can do is to rethink staking plan. In similar cases I would personally apply the following:
100/1.80=55.55
100/2.03=49.26
Total staked=104.81
There are few possible outcomes, like you already wrote.
Equal : Return=100; Profit=-4.81
Croatia more : Return 100; Profit=-4.81
Argentina more by 1 : Return=130,18; Profit=25.37
Argentina more by 2 or more : Return=100; Profit=-4.81
So, risking 4.81 to hit Argentina more corners by 1 makes you a profit 25.37 respectively @5.27 (25.37/4.81).
The main question here is: does @5.27 present fair, overpriced either underpriced odd for Argentina to have exactly 1 corner more then Croatia.
I'm not a corner expert but looking at first I would have doubts that this specific bet occurs in 18.96% or more situations, which is needed to have a value.
Maybe I'm wrong. I guess a historic data might help a bit.
First you can do is to rethink staking plan. In similar cases I would personally apply the following:
100/1.80=55.55
100/2.03=49.26
Total staked=104.81
There are few possible outcomes, like you already wrote.
Equal : Return=100; Profit=-4.81
Croatia more : Return 100; Profit=-4.81
Argentina more by 1 : Return=130,18; Profit=25.37
Argentina more by 2 or more : Return=100; Profit=-4.81
So, risking 4.81 to hit Argentina more corners by 1 makes you a profit 25.37 respectively @5.27 (25.37/4.81).
The main question here is: does @5.27 present fair, overpriced either underpriced odd for Argentina to have exactly 1 corner more then Croatia.
I'm not a corner expert but looking at first I would have doubts that this specific bet occurs in 18.96% or more situations, which is needed to have a value.
Maybe I'm wrong. I guess a historic data might help a bit.
- xian
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Re: new guy, and i have a question
hi first of all, thanks for your detailed reply!
But there’re a few problems with the reply
Consider we bet 1 unit per side
It’s 0.8 unit
And 1.03 unit payout
At equal we 1.03 - 1 = +0.03 unit
Croatia has more corner we are 1.03 - 1 = +0.03 u
Argentina has exact 1 over, it’s 1.03/2 = +0.515
Argentina has 2 or more it’s 0.8 - 1 = -0.2 unit
Or am I delusional lol
But there’re a few problems with the reply
Consider we bet 1 unit per side
It’s 0.8 unit
And 1.03 unit payout
At equal we 1.03 - 1 = +0.03 unit
Croatia has more corner we are 1.03 - 1 = +0.03 u
Argentina has exact 1 over, it’s 1.03/2 = +0.515
Argentina has 2 or more it’s 0.8 - 1 = -0.2 unit
Or am I delusional lol
- dataofsport
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Re: new guy, and i have a question
Regarding the calculation you re not delusional.
You risk 0.2 to win 0.03 for two scenarios (in other words, backing @1.15), or to win 0.515 in third scenario (backing @2.78)
So be aware that aproach is not delusional.
Good luck
You risk 0.2 to win 0.03 for two scenarios (in other words, backing @1.15), or to win 0.515 in third scenario (backing @2.78)
So be aware that aproach is not delusional.
Good luck
- dataofsport
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Re: new guy, and i have a question
Btw, check your bookie which offers Argentina -1.
It might be a so-called european handicap which is then actually -1.5 ah
It might be a so-called european handicap which is then actually -1.5 ah
- xian
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matter of fact the odds rose to -1.5 corner @1.9 the very next day
I hedged it today with 3000 bet on +1.5 corner @1.95 (2000 on argentina)
basically 4 outcomes
Draw i'm +850
Argentina +2 i'm -1400
Argentina +1 i'm +2850
Croatia wins i'm +850
finger crossed for tomorrow
also probably have to figure it out how to hedge in live game......
Re: new guy, and i have a question
Hi yes it's -1 corner asian handicapdataofsport wrote: ↑Mon Dec 12, 2022 9:12 pmBtw, check your bookie which offers Argentina -1.
It might be a so-called european handicap which is then actually -1.5 ah
matter of fact the odds rose to -1.5 corner @1.9 the very next day
I hedged it today with 3000 bet on +1.5 corner @1.95 (2000 on argentina)
basically 4 outcomes
Draw i'm +850
Argentina +2 i'm -1400
Argentina +1 i'm +2850
Croatia wins i'm +850
finger crossed for tomorrow
also probably have to figure it out how to hedge in live game......
- pkpunter
- To become a Pro
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Re: new guy, and i have a question
in the past I would have had a bet on Argentina +2 given the situation, my friend, don't give gifts, I hope you close your bet but this is not smartbetting in the medium to long term