They say I am an arber…

[Alex]

It is British bookie Betfred that won’t allow me to place any bets with them, and it took two weeks to get an explanation from them, and they said that I was involved in arbitage betting:

Our trading team have monitored your betting patterns and they mirror some other types of wagers that are being Arbed with other companies.

And then I got even explained what arbitage betting is, and they reminded me about their rule nr. 1:
Betfred reserves the right to decline the whole, or part, of any bet.

Nothing new that a British bookie limits me or closes my account.
What I don’t understand is why they have to make up a story about arbitage betting.
Just to make it clear: I AM NOT AN ARBER!
If I was one, I wouldn’t use Betfred, they had low limits from beginning.
Should I do arbitage betting in order to earn 2% from 20$? How much would it be? How much would I earn per hour?

It is the same as it is with Bet365, Stan James, Paddy Power, William Hill:
if I were a compulsive gambler, born to lose, I would be an ideal customer for them, and they wouldn’t limit my bets or close accounts.
Play with some brain, and they’ll exclude you.

What a monkey business!

[prop]

With your next accounts at these books, mix in some parlays and give them action when the lines are pretty much consensus everywhere. If your only picking off there slow moves, betting steam or w/e you'll get banned quick. Give some cover play and disguise it a little more and you can last a little longer.

[Alex]

Thanks for your advice, prop, but I guess it is too late now. Luckily, there are Pinnacle, 188bet, Sbobet….

[Chopsticks]

It is impossible for them to tell if you are value betting or arbing. All they know is that Betradar (or whatever other software) tells them that you have bet on odds that were higher than what was available at betfair.

I only bet on odds that are out of line so I have had bookies tell me the same thing, the latest maybe just two weeks ago. This is what happens if you know how to use odds comparison websites. Such a shame that the bookies don't want to make it a fair fight, but instead just refuse to take your business. I am not too worried about being called an arber, but I would prefer if they just said "You are betting steam" (like skybook told me) so I don't have to look like some cheap penny whore looking to make $20 over like $1000 in bets, even if it is risk free.

[Hareeba!]

Yeah, I've copped that label (incorrectly) from bookies a few times too.
Many seem to just throw it in for any player who is consistently beating the closing odds.
Followers of any popular tipping service will attract the same or 'steam' label.
It doesn't matter what they are really doing, the effect for the bookies is the same and they recognise that these accounts just won't be long term profitable for them so they either boot them or dissuade them by imposing very low limits.

It's not how much you win, it's how you bet which will lead to being limited.

[FourLengthsClear]

Finding ways and throwing in "square plays" to avoid being limited is more than half the battle in terms of dealing with UK mainstream bookies.

Even if you are not arbing they have identified that you are hitting lines which they do not what you to hit. Just move on and consider it a badge of honour.

[Hareeba!]

Finding ways and throwing in "square plays" to avoid being limited is more than half the battle in terms of dealing with UK mainstream bookies.

Even if you are not arbing they have identified that you are hitting lines which they do not what you to hit. Just move on and consider it a badge of honour.

"badge of honour" be buggered ... I just consider it a horrendous inconvenience ... I can no longer bet with any UK bookies and whilst that doesn't perturb me too much as with the books I have I can get just as good odds elsewhere on most things, I am however effectively unable to bet on UK racing other than at Betfair which doesn't suit me due to my time variance.

[Alex]

Just move on and consider it a badge of honour.

Ha ha ha...you're so right

[bracerman]

Standard move for a British bookie. They do this in their casinos too. Get lucky with a sign up bonus and you're labled an "advantage player". Instant ban and sometimes difficult to withdraw any winnings.

[jw]

I am however effectively unable to bet on UK racing other than at Betfair which doesn't suit me due to my time variance.

Not sure I understand this bit ... betfair have the races online and available for wagering at least 24 hours before post time ... does betfair SP not work for you? Its got to be a better option than the majority of brick and mortar operations doesn't it ?

[Hareeba!]

Not sure I understand this bit ... betfair have the races online and available for wagering at least 24 hours before post time ... does betfair SP not work for you? Its got to be a better option than the majority of brick and mortar operations doesn't it ?

unfortunately not
If I were able to stay awake all night to use Betfair that would be fine but the markets are normally immature and lacking liquidity when I need to place my bets. I found that by posting bids and/or using BFSP I'd get matched on the drifters (long term losing proposition) and miss being matched on the firmers (long term winning propostions).
I'd prefer to take early value prices on offer from the books with the advantage of SP guarantee.

[dlweaver]

Interesting they would just ban you that quickly

[jackkkk2009]

British gaming sites always give their players hard time even thought they are rated A.

[chachi]

"badge of honour" be buggered ... I just consider it a horrendous inconvenience ... I can no longer bet with any UK bookies and whilst that doesn't perturb me too much as with the books I have I can get just as good odds elsewhere on most things, I am however effectively unable to bet on UK racing other than at Betfair which doesn't suit me due to my time variance.

Hareeba - drop me a PM there may be a book for you to consider, I'm happily back to betting UK horses after a 6mo layoff when I got sick of Freds limits and dodgy R4 games ...

[King_Suckerman]

"They say I am an arber…"

........but I'm not the only one. J. Lennon

[Alex]

"They say I am an arber…"

........but I'm not the only one. J. Lennon

[Hareeba!]

Imagine there's no limits ... I wonder if you can?

[zebras99]

Just move on and consider it a badge of honour.

I would prefer less badges and more places to bet without limits.

[chachi]

good luck on that wish sunshine ...

[dikefale]

Im sorry but i still dont get it. What is arbitrage betting.

[Hareeba!]

Im sorry but i still dont get it. What is arbitrage betting.

simultaneously betting both sides at +105 and -104 for a guaranteed peanuts profit

[chachi]

I personally don't bother unless it's like +225 and -200

[dikefale]

simultaneously betting both sides at +105 and -104 for a guaranteed peanuts profit

I presume that you must place this bets at same shop.

[chachi]

no dike ... the last thing you would want to do actually

[juuso]

GReat song, haha!

[dikefale]

no dike ... the last thing you would want to do actually

I know thanx man.I dont wanna do this things this is not my way of play. But i just asked because i wanted to know how they determine that you are arber.

[Hareeba!]

I presume that you must place this bets at same shop.

no - that would be impossible!
when arbing you have to place your bets simultaneously
obviously no book is going to have +105 and -104 at the same time - they would void due to bad line if they somehow managed to put that up and surely their software wouldn't let them
therefore it has to be different shops

you could place those bets at the same shop at different times after the line moves of course but unless you are using a betting exchange you are looking to be booted doing that

And because the bets aren't made simultaneously you are not arbing (risk free) but trading, which involves risk as the market may move against you

[Hareeba!]

I know thanx man.I dont wanna do this things this is not my way of play. But i just asked because i wanted to know how they determine that you are arber.

the key to arbing is hitting the best price in the market
and as there are thousands of arbers out there using services which report arb opportunities the book naturally sees a flood of money for the bet
the books don't know for sure but it's a pretty good indication that you may be if you do that regularly
it doesn't really matter if you are arbing or diligently price shopping - the effect for the book is the same and you may as well be an arber from their standpoint and will be treated as though you are