Laying Underdogs on Pinnacle

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  • Sagan
    SBR Rookie
    • 02-24-18
    • 19

    #1
    Laying Underdogs on Pinnacle
    Hi there its a long story but I have a problem and would very much appreciate any help.

    My problem is this:

    I need to back favorites on a softbook (1.6 and under but the lower the better)

    Then I need to lay those bets on pinnacle (underlay strategy)

    And I need to minimize the amount of money lost

    For example

    Bet 100 on kudla to beat schnur on softbook @ 1.36

    Bet 36 on schnur to beat kudla on pinnacle @ 3.12

    If kudla loses I lose 23.68. Or 23.68% of any stake I would have placed on kudla using underlay.

    How can I minimize this % using the constraints I mentioned above (back favorite on softbook, and underlay underdog on pinnacle). Any specific markets/bet types etc? What % do you think I could get it down to?

    Many thanks for any help!
  • moojoo
    SBR Wise Guy
    • 09-02-16
    • 938

    #2
    This is called Arbing.
    Comment
    • Sagan
      SBR Rookie
      • 02-24-18
      • 19

      #3
      Arbing would be great if possible. But correct me if im wrong, when considering the contraints that I mentioned, arbing does not seem possible to me. The constraint that doesn't allow for this is that the back bet on the soft book has to be a significant favorite. Am I wrong?

      I don't need to end up profiting from this like an arb. I just need a consistent minimal loss like 5% would be good.

      Do these exist considering the criteria I mentioned above? If so where can I find them?

      Cheers
      Comment
      • littlekona
        SBR Hall of Famer
        • 11-19-15
        • 5242

        #4
        Originally posted by Sagan
        Arbing would be great if possible. But correct me if im wrong, when considering the contraints that I mentioned, arbing does not seem possible to me. The constraint that doesn't allow for this is that the back bet on the soft book has to be a significant favorite. Am I wrong?

        I don't need to end up profiting from this like an arb. I just need a consistent minimal loss like 5% would be good.

        Do these exist considering the criteria I mentioned above? If so where can I find them?

        Cheers
        Guys do it all the time...I see the matchmakers and pros use many site all tied in like betfair, fairlay, matchbook to do that...open up some exchange accounts and if you it is possible
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 61374

          #5
          The only other books within 5% of pinny consistently are other sharp books.

          And they will cotton on to what you are doing pretty quickly I'd imagine. Even if they profit they wont want a part of it.
          .
          Comment
          • littlekona
            SBR Hall of Famer
            • 11-19-15
            • 5242

            #6
            Originally posted by Optional
            The only other books within 5% of pinny consistently are other sharp books.

            And they will cotton on to what you are doing pretty quickly I'd imagine. Even if they profit they wont want a part of it.

            Not exchanges though right? I see these guys on the exchanges I use they have scripts that adjust there asked prices based on matched bets to guarantee profit...They also tie it in to all the other exchanges to maximize liquidity...All computer programs I am sure...My example is based on horse racing but sure it is done in sports too
            Comment
            • moojoo
              SBR Wise Guy
              • 09-02-16
              • 938

              #7
              What is point of loss? Money laundering?
              Last edited by moojoo; 02-24-18, 01:35 PM.
              Comment
              • Sagan
                SBR Rookie
                • 02-24-18
                • 19

                #8
                Thanks for your replies guys. I'm just trying to build up loses on a soft book. And I don't mind losing a bit in the process if it's quick and easy.

                I know exchanges would be better and that is what the pros use. But my question is specifically about laying underdogs on pinnacle and backing favorites on a softbook. It doesn't seem possible without losing 20%ish

                Optional from what you said i take it that I won't be able to find anything near 5 or 10% in this case?
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61374

                  #9
                  Originally posted by Sagan
                  Thanks for your replies guys. I'm just trying to build up loses on a soft book.

                  I know exchanges would be better and that is what the pros use. But my question is specifically about laying underdogs on pinnacle and backing favorites on a softbook. It doesn't seem possible without losing 20%ish

                  Optional from what you said i take it that I won't be able to find anything near 5 or 10% in this case?
                  I guess you would just have to shop around. It sounds like your geusses of % would be better than mine already.

                  It's not a usual request people have or something players think about to have an answer for you really.

                  But trying to find anywhere with a dog line within 5% of Pinny's fave line probably isnt possible very often really.
                  .
                  Comment
                  • Sagan
                    SBR Rookie
                    • 02-24-18
                    • 19

                    #10
                    Thanks optional I appreciate that it's not a typical request. I am new to this myself so I don't know what is common knowledge.

                    In any case what I am looking for is a soft book fave line within 5 to 10% of a pinnacle dog line. Which is even harder in my estimation
                    Last edited by Sagan; 02-24-18, 02:04 PM.
                    Comment
                    • Optional
                      Administrator
                      • 06-10-10
                      • 61374

                      #11
                      ^^^ that was just me muddling it up. I meant to type soft Fave line and Pinny dog.

                      Arbers find the opposite constantly.
                      .
                      Comment
                      • littlekona
                        SBR Hall of Famer
                        • 11-19-15
                        • 5242

                        #12
                        Originally posted by Sagan
                        Thanks optional I appreciate that it's not a typical request. I am new to this myself so I don't know what is common knowledge.

                        In any case what I am looking for is a soft book fave line withing 5 to 10% of a pinnacle dog line. Which is even harder in my estimation
                        If your country has restrictions on some sites use agent AsianConnect...they have the best platform with many many top low vig books and exchanges all in one "shop" I recommend them
                        Comment
                        • Sagan
                          SBR Rookie
                          • 02-24-18
                          • 19

                          #13
                          Thanks littlekona I was hoping to avoid agents but may have to consider it.
                          Comment
                          • littlekona
                            SBR Hall of Famer
                            • 11-19-15
                            • 5242

                            #14
                            Originally posted by Sagan
                            Thanks littlekona I was hoping to avoid agents but may have to consider it.
                            I was same and just started not to long ago and it has been the best decision ever....its like going to the a sports book mall so many choices and great CS....Asian Connect pays me in 5 mins and has A++++ CS it is wonderful.....Check out Fairlay too have great prices as they have better prices then pinny many times
                            Last edited by littlekona; 02-24-18, 06:01 PM.
                            Comment
                            • Alfie White
                              SBR Wise Guy
                              • 09-02-17
                              • 680

                              #15
                              Originally posted by littlekona
                              If your country has restrictions on some sites use agent AsianConnect...they have the best platform with many many top low vig books and exchanges all in one "shop" I recommend them
                              I beg to differ here. Do they still have exclusively Football on the platform?

                              If that is the case, they are far from "best platform" in my humble opinion. It would really be painful to contact them every single time I want to bet on some other sport. Can you please let me know about this?

                              For the reference, I have been using other agent for a while now, never had any issues either.
                              Comment
                              • Sagan
                                SBR Rookie
                                • 02-24-18
                                • 19

                                #16
                                Yes I would like to know if they offer tennis markets like betfair does in particular
                                Comment
                                • littlekona
                                  SBR Hall of Famer
                                  • 11-19-15
                                  • 5242

                                  #17
                                  Originally posted by Sagan
                                  Yes I would like to know if they offer tennis markets like betfair does in particular
                                  Comment
                                  • littlekona
                                    SBR Hall of Famer
                                    • 11-19-15
                                    • 5242

                                    #18
                                    Originally posted by Alfie White
                                    I beg to differ here. Do they still have exclusively Football on the platform?

                                    If that is the case, they are far from "best platform" in my humble opinion. It would really be painful to contact them every single time I want to bet on some other sport. Can you please let me know about this?

                                    For the reference, I have been using other agent for a while now, never had any issues either.
                                    They have i think 9 books in there portfolio...exchanges and books.....asianodds is just one they offer and thats the one that you may be thinking of....other agents are fine but asainconnect pays in 5 mins where i have seen reporting on sbr some others have had issues
                                    Comment
                                    • Alfie White
                                      SBR Wise Guy
                                      • 09-02-17
                                      • 680

                                      #19
                                      You still didn't answer my question

                                      Honestly I don't care if I get funds in 5 minutes or 5 hours. Betting is what concerns me, if they only offer football, they are nowhere near your statement that they are "best platform".

                                      So can you please let me (/us?) know if they offer football exclusively or there are more sports in their portfolio?

                                      My agent offers Football, Tennis, Basketball, MMA/Boxing, NHL, Rubgy Union, NFL... And they have around the same number of books, but far more sports. Thus I beg to differ from your statement overall if they don't offer more sports on their platform.

                                      edit:
                                      Just seen that you've linked 9wickets, but that is another betting wallet it is not aggregated into 1 wallet so you can bet all your funds without contacting them and moving funds, correct?
                                      Comment
                                      • littlekona
                                        SBR Hall of Famer
                                        • 11-19-15
                                        • 5242

                                        #20
                                        Maybe i did not understand...the asianodds is limited the all in one...but they have many full books and have a funds transfer option that allows you to transfer funds in a few minutes between any of there books.. so i can transfer funds from pinny to 9wickets to matchbook to asianodds...thats what i meant as u are correct its not one site aggregated into one....for me its great as i am in usa and limited options
                                        Comment
                                        • Alfie White
                                          SBR Wise Guy
                                          • 09-02-17
                                          • 680

                                          #21
                                          Ok fair enough, I was just puzzled with the statement as I am familiar with their services and I hoped that they made some changes but seemingly not. Would be too much of hassle to bother with moving the funds all the time and to pay attention what happens where with 5+ logins etc.

                                          Thanks for the update though.
                                          Comment
                                          • Sagan
                                            SBR Rookie
                                            • 02-24-18
                                            • 19

                                            #22
                                            What agent do you use Alfie if you don't mind?

                                            I'm looking for one that offers lay bets on tennis tournament markets (outrights)
                                            Last edited by Sagan; 02-25-18, 10:53 AM.
                                            Comment
                                            • Alfie White
                                              SBR Wise Guy
                                              • 09-02-17
                                              • 680

                                              #23
                                              I use Sportmarket, they don't have that (outrights of any kind) on their platform, but they might offer you MB or BF accounts for those bets.
                                              Comment
                                              • jjgold
                                                SBR Aristocracy
                                                • 07-20-05
                                                • 388179

                                                #24
                                                Originally posted by littlekona
                                                If your country has restrictions on some sites use agent AsianConnect...they have the best platform with many many top low vig books and exchanges all in one "shop" I recommend them
                                                yes but your paying 10-15 percent bitcoin fees on every transaction
                                                They screw you because of a 3rd party provider

                                                If bitcoin is 10,000 you get quoted at asianconnect about 8500 or so to deposit or withdraw

                                                Arbing really does not work anymore, bannings, slow paid, fees
                                                Comment
                                                • littlekona
                                                  SBR Hall of Famer
                                                  • 11-19-15
                                                  • 5242

                                                  #25
                                                  Originally posted by jjgold
                                                  yes but your paying 10-15 percent bitcoin fees on every transaction
                                                  They screw you because of a 3rd party provider

                                                  If bitcoin is 10,000 you get quoted at asianconnect about 8500 or so to deposit or withdraw

                                                  Arbing really does not work anymore, bannings, slow paid, fees

                                                  No the exchange rate that AC gives is very close to market value...I have had it go both ways few bucks for me or against....Granted I have only done about 25 deposits and 5 withdrawals so far so that sample size is small...
                                                  Comment
                                                  • Optional
                                                    Administrator
                                                    • 06-10-10
                                                    • 61374

                                                    #26
                                                    ^^^ What Kona says.

                                                    They used to charge a horrible spread for Bitcoin as JJ said, but that changed quite a while ago now.
                                                    .
                                                    Comment
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