On the arbing front, January so far has been dismal. Since my last post, I have not really done any arbing at all. I hope to pick this up for the 2nd half of this month, and make sure I work a bit of profit into the betting bank.
My time has been devoted more to working on a strategy that I can use for horse racing, concentrating on inplay price swings. Whilst the action is fast and furious, and the prices change like crazy, I have a strategy that I have tested today. On first impressions, I am quite pleased with it. Over the day I traded 15 races, all in the inplay market only , and ended up with a profit of £0.92 on stakes of £2. Whilst the profit figure is nothing to write home about, it is a good sign. If it continues to do well over the course of a month and a good number of races, then it may be that I will be upping my stakes to get a better profit return.
very interesting blog, it does sound like that its not possible to make the big bucks without the big bucks to play wiv becoz the roi is so small on each arb and u r being handicapped by bookies limitations also. arbs will always exist providing that the bookies dont buy each other out and betfair will always provide good fluidity but is arbing profitable in the long term without multi ids? couldnt u set up new bookie accounts using ur wifes id and increase stakes and see how long that would last before paying relatives etc to do the same?
ReplyDeletehi, I'm one from Arbusers.com
ReplyDeleteI read you are now focusing on horse rising.
I'm interesting in that.
Would you please share any idea about this?
:)