Arbitrage between Betfair & Betdaq!

[ganinu]

Its Possible to Find Arbitrage between Betfair and Betdaq in Horse Racing???

[Dallas]

There is oppertunities but bots grab the majority of them

[oscar123]

Not usually, as one tends to follow the other and the prices are always more or less in line.

Though it does happen, particularly at the big meetings. Happened quite a bit at Cheltenham last year.

Whether or not there is enough margin to guarantee a profit depends really on your commission rates, though there were some pretty big disparities last year at Cheltenham and at other big meetings too.

[ganinu]

And without bots, can one find opportunities or it is very difficult? Which is one the best in play or pre match?

[oscar123]

In play would obviously be very risky, though you do sometimes see a big chunk left up in play on Betdaq that stays there even after the price has gone through on betfair. If you have the betangel one click software open you can often get on before it all gets eaten up, though it doesnt happen all that often.

There were a few examples last year where there was a whole points difference on some horses( think it was something like 8.6 to lay on betdaq. 9.6 to back on betfair). Though even then unless you are on very low commission there isnt much guaranteed profit there, and you have to act pretty quick. Though its worth keeping an eye open for.

[EyePeaSea]

And without bots, can one find opportunities or it is very difficult? Which is one the best in play or pre match?

As others have said, there are arbitrage opportunities between BF and BD and also between an exchange and the bookies. But the margins were so slim (when I tried 3 years ago) and too many bets went unmatched due to liquidity issues or BD odds following BF.

Ian

[kerberus]

Set up two computers - one BD, one BF. Then use recording software (to peruse at leisure) then watch them IN-PLAY.

[ShaunWhite]

Set up two computers - one BD, one BF. Then use recording software (to peruse at leisure) then watch them IN-PLAY.

Or just do it on one computer and record both side by side on one screen, then you don't have to try and sync the videos.

[spreadbetting]

Set up two computers - one BD, one BF. Then use recording software (to peruse at leisure) then watch them IN-PLAY.

In play will always throw up arbs between the exchanges , being able to get filled at both sides of the spread with limited liguqidity and a 1 second delay is a different matter

[LeTiss]

Can't be bothered personally - there has to be a decent difference in price to make it worthwhile for me, then there has to be the liquidity, then you have to mess around with the banking of your accounts, as one of them has possibly layed a significant loser.