Anyone who has access to Bet365 and WillHill should look in here
Over the course of a week I have been playing mainly on William Hill. I use Bet365 quite often for live bets but willhill has an incredible selection as well. Because of this I usually have both sites open while watching matches and they are quite often on different sides during a match and not by just a cent or two either. I have seen arbing opportunities of up to 25 cents a lot and just thought I would throw this out there because there is a lot of profit to be made if you bet big enough.
i would imagine there are even better prices available because i just happen to come across them as opposed to hunting for them.
Do you see these opportunities betting in-play or before the event? If you are are relating to odds quoted in live betting the risks of arbing increase a lot..
I understand what you mean in terms of value.. locking in a +120 vs +110 or whatever but live odds can alter or suspend in a split second which could easily leave you exposed to missing one of the legs of the arb or missing a price in the time in takes to lock in the bet on site #1.
Yes, you can get live odds that may provide you with a 5-10% return on investment which is significantly higher than the average 2-3% arb you can lock in before the event but these 2-3 percenters can be available for 15-30 minutes or even hours sometimes before they are adjusted which is much safer than flirting with live arbs which have the potential to evapourate from a guaranteed profit to a loss in seconds. I can understand why the temptation is there but I would tread carefully if you were considering trying this out long term. I'd personally stick to the 2-3%ers and then if you have a small bankroll, re-invest 50% of your profit each month back into your pot then you can gradually increase your unit stakes. Good luck with it anyway.
the thing is that yes it is live but it is not difficult to lock both bets in before the price changes. i have seen it numerous times inbetween games where the books are taking opposite sides. well worth the risk imo
In my point of view, exist a big problem.
For ex. I have $1000 in WillHill account and $1000 in Bet365 account. And I bet $1000 @ +105 on WillHill and $1000 @ +105 on opposite sides at Bet365.
In result I'll have $2050 in WillHilll or Bet365 and $0 in other account.
I have to withdraw and redeposit back or make another deposit. I don't know if it reasonable for a 2.5% gain.
Plus exist the risk of the odds change in period of two bets placing or refusing to accept the second bet.
Actually i had same thoughts.
But there are lots of problem.
There is always some TIME u have to do some bets, odds can change or your bet in some reason wont accepted...
If u began to win, bookie begans to cut your bet limits...
The main problem is. Usually u risk 100% to win 2%. So basically that businessplan cant afford any mistakes. But bellive me, u cant reject errors.
I use arbing only that case, when possible win is 5+% at least. Or 2% fixed bets and my money sits useless in that 2 account.