jenkcler1
01-20-2008, 01:34 AM
Hello guys
If you want to increase your profits doing arbitrage, read the info below and you will get the solution.
Iīve been a professional sport trader for 5 years, when I started doing sports arbitrage all the thing was easier than nowadays, I mean I used to take arbs style 1X2 o 12 or just Over/Under, the simplest and most common way and used to get and average of 2.3% per arb along the whole year.
As I said nowadays it became more difficult, mainly because Bookies update odds faster and also because there are more people doing this business using softwares and other services, so the market has became more complex, resulting in the fact that today my average arb % using the common arbs style would be just around 1%, which is not bad but it is far from the good % I got years ago, meaning that I would have to work harder to get the same profit.
So for all these things I has developed different mathematical formulas simply running in a excel spreadsheet with the goal to get a higher arb % using a combination of betting types like 1X2, asian handicap, 1X2handicap, back/lay arbs, etc...
So I developed and used this method of combination of betting types since 2007 and my average arb % strongly increased from 1% up to 2.5%!!!, newbies would say that this does not look much but experienced trader certainly knows that it is a lot...
Just to understand the big difference in profits lets put it in Pounds:
I placed arbitrage bets for around GBP 3.000.000 in the whole year 2007 with an average arb of 2.5% (using these formulas) that gave me a year profit of GBP 75.000 (3Millions x 2.5 / 100). While using the traditional style of arb in the previous year and getting just the 1% average, I got a year profit of just GBP 30.000 (in 2006), so I increased my income from 30K to 75k thatīs 250% better just using the method of combination of betting styles.
The method uses very sophisticated formulas to combine handicap and asian handicap odds with the traditional 1X2 odds, so doing this you are getting arbs in events that the rest of the people in the business are not seeing, this gives you an strategical advantage over the rest and most important allows you to get arbs with higher %.
This is an example of the match Atletico Madrid v Real Valladolid played on 10/01/2008 for Copa del Rey (Spain):
Traditional odds were
Atletico Madrid 1.64
Draw 4.20
Real Valladolid 7.20
This gives you a regular arb of 1.33%, so investing GBP 1000 I get GBP 13.3
BUT look at what I get using the combination of asian handicap with traditional odds:
Looking at the asian handicap offers for this same event I found this odds
Atletico Madrid (-0.75) 1.98
Real Valladolid (+1) 1.90
Now the combination of these odds allows you to get a much more higher arb %
Atletico Madrid (-0.75) @ 1.98
Real Valladolid (+1) @ 1.90
Draw @ 4.20
Real Valladolid @ 7.20
The formulas already developed and ready to use in a simply spreadsheet will tell you how much to bet on every of this odds to get the same profit no matter the outcome.
This gives you a great arb of 5.02%, so investing GBP 1000 I get GBP 50.2
Finally you can see the power of using this combination instead of using the traditional system.
The spreadsheet includes more than 20 options using different combinations like handicap (-1.25), (+1.25), (-0.5), (+0.5), (-0.75), (+0.75), calculation of a single odd starting from 3-4 or more odds (useful to combine, exact score odds), also a simple box to use arbs style back/lay including the commission of your Betting Exchange and more.
edit: no emails! kingmod
If you want to increase your profits doing arbitrage, read the info below and you will get the solution.
Iīve been a professional sport trader for 5 years, when I started doing sports arbitrage all the thing was easier than nowadays, I mean I used to take arbs style 1X2 o 12 or just Over/Under, the simplest and most common way and used to get and average of 2.3% per arb along the whole year.
As I said nowadays it became more difficult, mainly because Bookies update odds faster and also because there are more people doing this business using softwares and other services, so the market has became more complex, resulting in the fact that today my average arb % using the common arbs style would be just around 1%, which is not bad but it is far from the good % I got years ago, meaning that I would have to work harder to get the same profit.
So for all these things I has developed different mathematical formulas simply running in a excel spreadsheet with the goal to get a higher arb % using a combination of betting types like 1X2, asian handicap, 1X2handicap, back/lay arbs, etc...
So I developed and used this method of combination of betting types since 2007 and my average arb % strongly increased from 1% up to 2.5%!!!, newbies would say that this does not look much but experienced trader certainly knows that it is a lot...
Just to understand the big difference in profits lets put it in Pounds:
I placed arbitrage bets for around GBP 3.000.000 in the whole year 2007 with an average arb of 2.5% (using these formulas) that gave me a year profit of GBP 75.000 (3Millions x 2.5 / 100). While using the traditional style of arb in the previous year and getting just the 1% average, I got a year profit of just GBP 30.000 (in 2006), so I increased my income from 30K to 75k thatīs 250% better just using the method of combination of betting styles.
The method uses very sophisticated formulas to combine handicap and asian handicap odds with the traditional 1X2 odds, so doing this you are getting arbs in events that the rest of the people in the business are not seeing, this gives you an strategical advantage over the rest and most important allows you to get arbs with higher %.
This is an example of the match Atletico Madrid v Real Valladolid played on 10/01/2008 for Copa del Rey (Spain):
Traditional odds were
Atletico Madrid 1.64
Draw 4.20
Real Valladolid 7.20
This gives you a regular arb of 1.33%, so investing GBP 1000 I get GBP 13.3
BUT look at what I get using the combination of asian handicap with traditional odds:
Looking at the asian handicap offers for this same event I found this odds
Atletico Madrid (-0.75) 1.98
Real Valladolid (+1) 1.90
Now the combination of these odds allows you to get a much more higher arb %
Atletico Madrid (-0.75) @ 1.98
Real Valladolid (+1) @ 1.90
Draw @ 4.20
Real Valladolid @ 7.20
The formulas already developed and ready to use in a simply spreadsheet will tell you how much to bet on every of this odds to get the same profit no matter the outcome.
This gives you a great arb of 5.02%, so investing GBP 1000 I get GBP 50.2
Finally you can see the power of using this combination instead of using the traditional system.
The spreadsheet includes more than 20 options using different combinations like handicap (-1.25), (+1.25), (-0.5), (+0.5), (-0.75), (+0.75), calculation of a single odd starting from 3-4 or more odds (useful to combine, exact score odds), also a simple box to use arbs style back/lay including the commission of your Betting Exchange and more.
edit: no emails! kingmod