Trading

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Jonno1411
Posts: 1
Joined: Sun Feb 02, 2020 9:18 pm

I have recently come across a greyhound tipster who is bringing me a profit every month my biggist problem is keeping my paddy ,365, sky bet from being shut down , i had a great idea of mixing the tips in with other bets of my own then laying the stake on the exchange by chance i found you can make a small profit doing this i.e backing at 3.0 and laying at 2.85 ,
My question I would like your guys help with is what is this called ,and where would I be able to find revision to help Improve finding these profitable back/lays
Thanks jonno
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Dallas
Posts: 23589
Joined: Sun Aug 09, 2015 10:57 pm

The term your looking for is arbing
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Jonno1411 wrote:
Mon Feb 03, 2020 8:11 pm
I have recently come across a greyhound tipster who is bringing me a profit every month my biggist problem is keeping my paddy ,365, sky bet from being shut down , i had a great idea of mixing the tips in with other bets of my own then laying the stake on the exchange by chance i found you can make a small profit doing this i.e backing at 3.0 and laying at 2.85 ,
My question I would like your guys help with is what is this called ,and where would I be able to find revision to help Improve finding these profitable back/lays
Thanks jonno
The site below has a free book (ignore the systems, they're stupid!) that contains advice on how to keep your bookie accounts even when you win. I don't agree with all of it, such as deliberately losing by backing odds-on favourites and trying to cancel out most of the bet on the exchange - that sounds quite costly. But there is some useful advice such as betting in multiples of £5 or avoiding deposits and withdrawals (costs the bookie money). But at the end of the day, if you are consistently successful you will eventually get restricted.

https://www.laybackandgetrich.com/
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