RebelBetting Day 21
23rd July
Hi Bloggers,
A good day! The Middle Arb was genuinely exiting. I stood to win 0.20 (still a profit) if there were under 4 goals or over 4.5 goals, so essentially it was a free bet on there being 4 goals. There were three goals after about an hour, and it stayed that way until 2 minutes into added time, when there was a fourth goal! So I made a FREE 23.10 profit!
I had a problem on the second arb, one bookie only accepted half my odds, after the other two bets had been accepted. I had to trawl around the other bookies until I found odds on the draw at just 0.5 points below the first bookmaker. This essentially meant I would have made zero profit if it had been a draw, but at least my bets were covered. This took up a fair bit of time, but it wasn’t a draw and I made 3.36 profit, so it was worthwhile.
I made a mistake on the second Lay arb in that I forgot to check the available liquidity on Betfair before placing my back bet with the bookie. I had to accept average lay odds at just below the back odds, so I made a small loss.
CM=Cross Market Arb; EU=European handicap; AH=Asian Handicap; Moneyline or 3-Way= 1×2 match odds; 2-Way=Draw No Bet; Middle=Arb where max profit is made if the middle opton (eg Draw) wins.
| Day | Arb Type | Total Stake | Actual Return | %age Return |
| Day 21 23/7/11 | ||||
| Middle Over4 Under4.5 | 101.00 | 23.10 | 22.87% | |
| CM Team1(3-Way) Draw(3-way) Team2 (2-Way) | 100.00 | 3.36 | 3.36% | |
| CM Team1(AH0.25) Draw (3-Way) Team2(3-Way) | 100.60 | 1.59 | 1.58% | |
| CM Team1(2-way) Team2(AH0.5) Team2(3-way) | 100.00 | 2.68 | 2.68% | |
| Team1(2-way) Team2(2-Way) | 100.00 | 2.40 | 2.40% | |
| Team1(Back) Team1(Lay) | 99.70 | 3.96 | 3.97% | |
| Team1(Back) Team1(Lay) | 104.00 | -0.88 | -0.85% | |
| Today’s Profit | 36.21 |
Here is today’s spreadsheet of balances for Rebelbetting:
| Type | Amount | % |
| Total Deposits/Withdrawals | 2000.00 | 79.83% |
| Total in Play | -0.54 | -0.02% |
| Total Bonuses | 101.36 | 4.05% |
| Total Arb Profit | 404.04 | 16.13% |
| Total Bankroll | 2505.40 | 100.00% |
This profit includes the extra (mistake) profit of 112.32 from 21st May. But without this mistake, I’m still in profit by £291.72.
Here’s a graph that the RebelBetting spreadsheet produces. The top line is for back arbs and the bottom line is for lay arbs.
Cheers,
