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Betting Shop Arbitrage

Posted by Aegist on May 14th, 2010

Two new alert service providers have been added to the arbitrage alert services page and they have been added to a brand new category – Betting Shop Arbitrage Alert Services.

What are Betting Shop Arbitrage Alert Services?

Betting Shop Arbitrage (Carbing for short) is arbing between the fixed odds coupons found in bricks and mortar betting shops (in the UK only at this stage) and the online odds markets. The idea is that because the fixed odds coupons are set daily (?), and online odds fluctuation constantly, you can catch out the betting shops when prices change online and the betting shops don’t update their odds. You just have to do the legwork of getting to the betting shop itself in order to place that side of the arb.

These two new alert services work by collecting odds from the main betting shop bookmakers each day and running those coupon odds against online odds. This style of arbing may produces less arbs than standard online arbing, but the percentage return can regularly be much higher than most online only arbs – this is because the coupon odds are slow to move, and a big change can create a large arb, without the risk of the old ‘palpable error’ rule being used to void your bet.

So if you live in the UK, and you have easy access to a couple of the major betting shops, these new alert services may provide a valuable addition to your arbing income, for quite a cheap price. CouponArbitrage.com and HighStreetArbitrage.com are now both listed on the arb alerts page, and each have their own discussion threads on ArbForum.

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