I think they're referring to arbitrage occuring within a single bookies odds

or if their odds were wildly different to other - both of which would be "palpable" errors. If arbitrage can be found it would be a small difference in odds between two (or perhaps more) bookies. That's why it's so time consuming and the returns are relatively low. Just found a forum where one guy claims to be making $3000 a month, but working at it sometimes 10-12 hours a day. Frankly he might as well be doing a proper job ...

Posted By: BerlinCanary on March 16th 2006 at 01:53:00

Message Thread

FAO scc (Betting) - Small, Mar 15, 23:09:40
- just play poker (Betting) - SCC 26, Mar 16, 00:25:33
  - It's so bloody boring... (Betting) - Small, Mar 16, 00:30:01
    - lol (Betting) - SCC 26, Mar 16, 00:33:04
- that would be bollocks lol (n/m) (Betting) - SCC 26, Mar 15, 23:44:09
  - wtf! (Betting) - SCC 26, Mar 15, 23:48:40
  - Please expand... (Betting) - Small, Mar 15, 23:46:06
    - you would never get 3% on an arbitrage let alone 8% (Betting) - Super Yellows, Mar 15, 23:49:40
      - Which was why i was asking for your opinion... (Betting) - Small, Mar 16, 00:02:52
        
        that was mainly to scc btw (n/m) (Betting) - Small, Mar 16, 00:04:23
        
        what is the system!!!!!!!!!!! (n/m) (Betting) - SCC 26, Mar 16, 00:05:21
        
        I imagine it involves searching for abitrage opportunities (Betting) - BerlinCanary, Mar 16, 00:17:02
        
        when people think it will shortly be in the money! duh! (n/m) (Betting) - fal5taff, Mar 16, 06:10:35
        
        Duh (Betting) - BerlinCanary, Mar 16, 07:16:06
        
        I'm not going to tell you... (Betting) - Small, Mar 16, 00:11:58
        
        lol (n/m) (Betting) - SCC 26, Mar 16, 00:21:06
        
        There is no such thing as a bet that cant lose (n/m) (Betting) - conker, Mar 16, 00:08:59
        
        There is... (Betting) - Small, Mar 16, 00:13:30
        
        You can bet on all outcomes... (Betting) - Small, Mar 16, 00:17:45
        
        Arbitrage in other words (Betting) - BerlinCanary, Mar 16, 00:32:31
        
        Here's an honest article on arbitrage betting (Betting) - BerlinCanary, Mar 16, 01:13:22
        
        and when one bookie refuses to pay out (Betting) - SCC 26, Mar 16, 01:08:59
        
        Well, indeed - but, why would a bookie refuse to pay out? (Betting) - BerlinCanary, Mar 16, 01:19:16
        
        they refuse to pay out all the time in arb cases (Betting) - SCC 26, Mar 16, 01:26:25
        
        Really? That certainly would add a somewhat intangible risk to proceedings ... (Betting) - BerlinCanary, Mar 16, 01:35:21
        
        from gamblers guidebook (Betting) - SCC 26, Mar 16, 01:41:30
        
        I think they're referring to arbitrage occuring within a single bookies odds (Betting) - BerlinCanary, Mar 16, 01:53:00
        
        And, of course, the bookies can easily soak up the losses (Betting) - BerlinCanary, Mar 16, 01:23:58
        
        What is his day job? (n/m) (Betting) - Small, Mar 16, 00:46:34
        
        Programmer (n/m) (Betting) - BerlinCanary, Mar 16, 00:53:17
        
        How can you bet on something in 100% confidence that It wont lose (Betting) - conker, Mar 16, 00:14:22
- why? (Betting) - CWC, Mar 15, 23:29:29
  - per bet... (Betting) - Small, Mar 15, 23:33:56

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