I lose £92.30 from my lay bet of £49.29.I Win £112.5 from my £50 back bet at 3.25 with Paddypower.Lets look at what happens should Daliyah win the race. Having all profit on one outcome of the arbitrage bet is known as value arbing. I could have also guaranteed myself a profit across all outcomes. I have weighted the profit on the horse Daliyah winning. That rather then hedge the profit on all outcomes. In this situation an 11.3% profit could be made backing at 3.25 and laying at 2.88. In standard arbitrage a profit is made on all outcomes. This horse was available to lay on the betting exchanges at an 2.88. A horse called Daliyah was priced at 3.25 on Paddypower. Rebelbetting flagged up an arbitrage opportunity. Which then guarantees you a profit at the end of it. Your first question might be what the hell is an arbitrage bet?Īn arbitrage bet is when you cover all outcomes of an event. It highlights arbitrage opportunities in tennis, football, basketball, American football, hockey, rugby, Aussie rules, baseball and horse racing. The software currently supports 76 bookmakers. The company is based in Sweden and has been used by over 100,000 customers. It has been one of the most popular arbitrage software providers since its inception.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |