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Posted by Aegist on May 30th, 2006
This post is a precursor to a more practical guide which I hope to provide in the future on SAG, combined with data collected for SBB. First of all, it seems regular practice for large successful bookmakers to buy out small-medium sized bookmakers. This results in large clumps of bookmakers all owned by the same company run in similar or identical ways, and sometimes offering identical odds. Three large groups which I am rather familiar with are the Leisure and Gaming PLC (which seems to operate two divisions: VIP Management Services, and Nine.com and company), SportingBet PLC / Worldgaming PLC, and BetCRIS.
My research thus far indicates to me that VIP Management services run
And that ALL of these sportsbooks are identical with regards to their rules of use, the methods of deposit and withdrawal, and most importantly, their Odds. Secondly, you are only allowed to open an account with one of them anyway, so pick which name you like the most, which design you like the most and which bonus structure you like the most, becuse everything else is the same.
The reason I point all of that out, is because I realised that I have NEVER seen an Arb with VIPSports. Not once. It may have happened, but I have never seen it. It wasn’t until recently that I realised that SBP also reports odds for Bet19, BetGameDay and WSSB and that since they all have the same odds, any arb reported for Bet19, would mean there is an Arb with VIP, WSSB, FairDeal, GoodAsGold etc. So even though SBP has those 4 books on its included bookmaker list (VIP, Bet19, WSSB, BetGameDay), it infact only reports on Bet19, WSSB and BetGameDay, yet indirectly reports on the whole list (since they all have the same odds). I don’t think RFP even know this, otherwise they would show that all of those bookmakers are included on this bookmaker list…
Similarly, with the SportingBetPLC group, I had been using Linesmaker for quite some time and got frustrated at how few arbs it was producing. I only recently realised that it was because Linesmaker must have a delayed alert with SBP compared to its related sportsbooks. I started to include Racebook instead of Linesmaker, and arbs have been coming up regularly everyday for racebook since, even though Racebook has identical odds to Linesmaker. SportingBet PLC includes
And as far as I can tell without looking closely, they all have identical odds. I haven’t looked as closely at this group as I have at VIP though. BTW, this is just hte list that SBP includes, this group spans 44 books in total. I won’t know that the odds are the same for all of them, or that they all, or that some of them have the same rules until I can thoroughly inspect them all.
The third group, the BetCRIS group is actually all accurately reported on SBP. BetCRIS, 2BetDSI and Yabet all report well in SBP and they all offer the same odds.
Sooo, pick one book from the VIP group (I think Bet19 looks good with the 9% rebate on monthly losses) and one book from the SportingBet group (I like Linesmaker, its pretty easy to use, fast loading etc), and one book from the CRIS group (BetCRIS is reegarded as one of the books which actually likes arbitragers) and use them to bet with, but find the sportsbook which SBP reports well with. I think bet19 is reported well with SBP (just include them all to be sure.) Racebook comes up a lot more than the other in the sportingbet group, but again, just include them all. When you see them all, just know that they are all representing the one book you have chosen to use…
Be sure to check out SureBetBookies Bookmaker List, and whenever possible, if you like what I do and would like to help me back, then whenever you are thinking about registering at a new bookmaker, use the links from SBB the first time you go there, and the last time just before you register. Small commisions are all I have left… ![]()
Shane
Posted by Aegist on May 30th, 2006
Odds and Bets started a new promotion recently for new members. For the first month of a new registration you will be given lines from twice as many bookmakers as you pay for. So if you want 10 bookmakers, you only need to pay for 5 ($69), or if you want 20 bookmakers you only need to pay for 10 ($119).
This new offer is to work alongside their earlier offer of first two months for the price of one which was only available for their starter pack (5 bookmakers). SInce 5 bookmakers isn’t very many, I guess a few people asked for more options, and so this new offer gives you the same value, but twice as many books instead of months, and this one applies to all subscription levels.
Shane
Posted by Aegist on May 28th, 2006
Opening Balance = $2,819.48
Bookmakers funded = 10
Bookmakers Used = 8
Number of Trades = 11 (2p)
Profit = $19.45, 0.69%
Closing Balance = $2,839.13
Logged Time = 65 hours
Another quiet week, but thats not why the low profit. The low profit was because I stuffed up and lost $12 on an arb instead of winning the $20 I was supposed to. Sigh. Thats what you get for playing CounterStike when you are supposed to be arbing: a rushed job.
Anyway, with the one bad arb, and a week full of otherwise tiny arbs, not much happened. I’m looking forward to the world cup and french open over the coming weeks, they should be brilliant. Plus We have registered for the BetRiskFree trial this month, so hopefully we will get a couple of high percentage arbs in the coming weeks from that. I’ll be sure to tell you what arbs I got to place from them in my reports too.
Further Stats:
Favourites won 7 of 11 arbs
%Profit Per week average = 1.64%
Profit per week average = $40.85
Posted by Aegist on May 28th, 2006
Removed 3/9/06 due to RFP requesting that members no longer publish the “Members Only Newsletter”
If you would like a copy of any RFP newsletters, you can ask any member (myself included) to email it to you. All members have complete access to all past newsletters in their back office.
Shane
Posted by Aegist on May 26th, 2006
Well, we have started our one month £1 trial with BetRiskFree. With something over 20 arbs a month, I don’t expect to be here updating every day telling you how its going, I will just try to keep track of the arbs as we go, and I will update once a week or something to give you an idea of what the quality is like, how long they lasted etc. If we get one arb out of it, then its worth it. 1 months subscription for £1 is pretty sweet.
Since I posted the BRF description the other day and posted my first post here I have received my reply from the owner of the program with a little more information and some feedback. He says:
“I know that there are other sites that offer 4000 arbs per month etc however as the old adage goes “quality is better than quantity”. We could, easily, send out this many arbs as this however we check all our arbs before mailing to ensure they can
a) deliver a decent return. Most arbs that occur are in the 0.6% return region. These happen hundreds of times per day. We only send arbs which are over 1% but usually around the 4% mark.
b) exists when the email is sent. Another thing with arbitrages is that they sometimes exists for a very small period of time (sometimes seconds) Fully Automated services do not check that an arb is live for long, they just mail you. This means that you can never be sure of the quality of the arb in terms of longevity
c) we try to only deal in arbs which exist using 1X2 or 12. Unless it yields very high returns, we do not send out moneyline arbs, handicap arbs, half time arbs, over under or anything else too complicated, to ensure that normal, non gambling experts can take advantage
and finally
d) we also check to ensure that the arb matures quickly. This stops members having their stake tied up in an arb which may take two weeks to mature and therefore pay.
What we try to offer is a professionally developed system of arbitrage modified to meet the needs of a non-gambling expert. Hence 20 arbs per month.”
I look forward to my first arb! =)
Shane
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