I think I know the answer to this one but just wanted to check.
I was watching the Liv-ManU snoreathon on Monday and, during the 2nd half I noticed a constant arbitrage possibilty. The odds on the draw in the main odds market were 1.43-1.45 whilst in the Half Time/Full Time section they were 1.46-1.47. In an ideal world you could back at 1.46 on the latter market and lay at 1.45 in the main market. But presumably Betfair regard these as 2 different markets so, after commission, you would make a loss. Am I right? Or have I just found gold at the end of the proverbial rainbow?
We will update this with things that we think you should know.
3 posts • Page 1 of 1
That is correct, Betfair define them as different markets and will generally define things to maximise commission. However, if you are a PC payer you may want to use a strategy like this to generate commission.