Arbing Stake Size

[FreeFall]

Hello Guys,

When doing an arb between two books that I want money to stay in both how do I decide how much to bet? I will have ~1.5k in two books that I find lots of arbs between. How do I decide how much to bet for each game so I can have money in both books?

[sportscash]

Tough one but because arbs can be hard to come by maybe leave 1 third or a quarter in each account.

[LT Profits]

http://www.sbrforum.com/Betting+Tools/Arbitrage+Calculator.aspx

[arwar]

in the first place the arb calculator will tell you to bet something like 136.43 at book 2. unless you are at Matchbook, it is going to be hard to get down a play like that (at least not without raising eyebrows or more). but there is an easy way to figure it

let's say you have NYY-120/TOR+130. simply take the dog and play (eg) 100 to win 130. at the other book lay 120 to win 100. if toronto wins you are +10 if yankees wins you break even. guaranteed no lose. you can make these plays all day long and never attract any attention.

this example gives you a 4.3% return IF toronto wins. I have been told the dog covers 41% in baseball (I don't know if that is true). This may seem like a small or even trivial way to play as opposed to playing a naked +EV play. But in any event what is the yearly return on a CD as opposed to an average of 2%/day?

even if you have something like NYY-106/BOS+110 it's still a plus play.

as far as maintaining balances at both books, that's pretty much the luck of the draw. if either favs or dogs start hitting in streaks things can get lopsided pretty quick.

[FreeFall]

http://www.sbrforum.com/Betting+Tool...alculator.aspx

I understand that concept, the problem I have is how much I should risk if I don't want to lose my entire balance at one book.

[JoeVig]

how much I should risk if I don't want to lose my entire balance at one book.

This one is easy:

Bet something less than your entire balance at either book

[arwar]

I understand that concept, the problem I have is how much I should risk if I don't want to lose my entire balance at one book.

i understand that you want to keep enough in each book to keep playing. but it makes no sense to play less than the max that you can on a scalp. just reload it if you win. BTW you can figure on a return of 10-12% a month on your bankroll. so imho you need 30-40K to make it worth the time involved to track the scalps

[FreeFall]

i understand that you want to keep enough in each book to keep playing. but it makes no sense to play less than the max that you can on a scalp. just reload it if you win. BTW you can figure on a return of 10-12% a month on your bankroll. so imho you need 30-40K to make it worth the time involved to track the scalps

why does that make it worth my time? It's too hard to move money into books these days to bother IMO. so i wanna just build my roll with having it go back and forth.

[JoeVig]

it makes no sense to play less than the max that you can on a scalp. just reload it if you win.

And get friendly with your neighborhood MoneyGram or ** agent. You'll be seeing a lot of him.

[CHUBNUT]

Arbing for the average bettor is a complete fallacy especially with only 2 books. Without access to exchanges you soon find your bets limited to ridiculous levels, not to mention posters dont realise the time needed to find these few crumbs.