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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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