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Simple Excel Document for Calculating Arb Percentages for an Indefinite Number of Legs
In response to a request on ArbForum, I just threw together a very simple calculator for arbs of ‘n’ legs. That is, as long as there is another set of odds needed to close the arb, just write it in under the last set, and the excel will give you a new arb percentage. Anyway, [...]
read morePosted on: Thursday, April 28, 2011
You Will Probably Fail at Arbitrage Trading Too…
Most people who start arbitrage trading, fail. They won’t last more than a few months. They can’t perform when they lose all of the soft books and so unable to keep up their profits, they give up in desperation. This is the line which I have heard for a long time now in ArbForum, and [...]
read morePosted on: Tuesday, April 19, 2011
$27,000 Profit for SAG’s Arb Traders
Ever wondered whether arb traders really make money? Well here is a screenshot of my bookmaker affiliate accounts monthly earnings to show the world once and for all the truth of the situation. I launched the Fast Track video series on the 7th of September, and within that video series I promoted a selected list [...]
read morePosted on: Monday, March 14, 2011
The Advantages of Using a Single Major Currency
Using a single major currency when arbitrage trading is advised for one major reason – if you try to place an arbitrage trade with two different currencies, then you are just making things harder for yourself. In a game where speed is of the essence, every effort you can take to streamline the process is [...]
read morePosted on: Monday, August 23, 2010
What to do When a Bookmaker Won’t Pay up…
Inevitably we will all find ourselves worried that a bookmaker doesn’t want to pay us. Hopefully it will be because we made a mistake ourselves (which we can easily fix) and not because the bookmaker doesn’t have our money any more! (or worse, DOES have our money and simply wants to keep it). So lets [...]
read morePosted on: Wednesday, February 25, 2009
Palps – How to Spot Obvious Errors
The obvious/palpable error clause is present in every bookmaker you will find online, and it is the bane of all arbitrage traders. It basically states that if the bookmaker makes an obvious error in setting or accepting a bet, then it has the right to void that bet at any time. Any bet which is [...]
read morePosted on: Friday, February 13, 2009
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