Unbelievable Arb

[LeTiss]

Have you ever seen an arb like this with the bookies?

Sky just took £500 from me on Peng
Bet365 took £666.66 on Azarenka

Lovely £333.33 profit to start the day



Uploaded with ImageShack.us

[Bet Angel]

Well done, somebody screwed up somewhere by the look of it.

[LeTiss]

You don't often see a difference of opinion like this, but to be honest I've stuffed up!

I layed Peng at 1.66 for £1000 on Betfair thinking I'll probably get a 4 tick movement - I did for £23.52 profit

I've just looked now and she's drifted to 2.46!!

I could have made another £325 instead

B****cks

[LeTiss]

She's now back to 1.79!

What an incredible market

Have BA got graphs to show how this market fluctuated?

[CaerMyrddin]

Quite impressive arb, congrats!

[LeTiss]

Azarenka injured - DISASTER!!!

[Bet Angel]

Have BA got graphs to show how this market fluctuated?

Unfortunately we were not on this match this morning sorry.

[Mug]

Is it possible that the injury was known before the match started?

[Iron]

Hi LeTiss

I don't want to sound negative, but what would worry me with this (and with arbing generally) is that the bookie might decide after the event that the odds were palpably incorrect, and decide to adjust them.

This happened to me once, when I bet on a horse once when it was obvious that the bookies had made an error with the odds!

Jeff

Have you ever seen an arb like this with the bookies?

Sky just took £500 from me on Peng
Bet365 took £666.66 on Azarenka

Lovely £333.33 profit to start the day



Uploaded with ImageShack.us

[Online Trader]

A bookmaker can cancel (void) your bet, claiming it was a palpable error (commonly known as a "palp"). This can occur when a bookmaker has made "an obvious mistake", such as reversed the odds of a match or some other kind of accidental error made while quoting the odds

[Bet Angel]

I was palp'd once at odds of 125-1 when arbing with a bookie. The odds were about right but he just decided he didn't want to pay out. After six months of arguing he eventually settled.

[Dr Who]

This is such an obvious error on the part of one bookie that I doubt that in the end it will work out in your favour.

I'd advise anyone else finding such huge arbs to keep well away....

[Mike_IG]

This is such an obvious error on the part of one bookie that I doubt that in the end it will work out in your favour.

I'd advise anyone else finding such huge arbs to keep well away....

I would agree if it was one bookie like you have said but the screen shot shows it had 4 bookies with Azarenka as the fav (should be if fully fit she is ranked much higher) and the rest with Peng as the fav, I think a lot of this price difference is down to the fact that Azarenka had been struggling with an injury for a while before this match and some of the bookies fancied an upset as she clearly wasn't even close to 100% fit.
Arbs with tennis need to be checked to make sure all the rules are the same though as they don't all have the same rules and can leave you out of pocket a fair bit if one retires etc.