1. #1
    BetExplorer
    BetExplorer's Avatar Become A Pro!
    Join Date: 07-05-14
    Posts: 5
    Betpoints: 72

    1x2 Arbitrage question

    Hi I am interested in doing sports arbitrage and had a look at the calculation behind 1x2 arbitrage. What struck me is that even though you are supposed to make a guaranteed profit it seems that in some cases you make a loss due to the two losing bets.

    for example:

    1 1.8 871.52
    X 13 120.67
    3 201 7.8


    Total Stake 1000

    Now all arb calculators (this is form arbcruncher) say 540 guaranteed profit but if you deduct the losing positions you get a loss?! Just do the maths for the draw X you end up with 689.39 i.e. a substantial loss on your total stake? I almost feel like I'm missing something I'd be grateful if somebody could point out where I went wrong.

    And by the way this example is a huge arb it will be a lot worse for normal arbs where the margins are a lot lower...

  2. #2
    jetbet
    jetbet's Avatar Become A Pro!
    Join Date: 06-15-14
    Posts: 19
    Betpoints: 36

    you have to check if the bookies accept the stakes you are thinking of.

    sometimes yes and sometimes no and suddenly you are "******".

    and even if you can place these bets, they may cancell them afterwars.

    High arbs are not found often i think....

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