Does anyone operate a bot to arb between Betdaq and Betfair?

[Nutter Punter]

If so I will happily let you have some free arbs. Seriously !

[negapo]

Hi Nutter
Have you seen arbs that cover at least the minimum commission on both exchanges?

[Nutter Punter]

No but if you want me to make a few in some illiquid markets feel free to ask.

I would be happy to back a horse at 10 on betfair and lay it at 11 on betdaq pre race.

[six gun]

I'd be happier to back the horse at 11 and then lay it at 10.

[Nutter Punter]

I'd be happier to back the horse at 11 and then lay it at 10.

You could do it either way it wouldn't bother me as long as I got both trades. Hence why I would only deal with a bot and not a shrewdie !

[Ian]

No but if you want me to make a few in some illiquid markets feel free to ask.

I would be happy to back a horse at 10 on betfair and lay it at 11 on betdaq pre race.

That doesn't make sense - surely you can only lose doing that ?

[Nutter Punter]

No but if you want me to make a few in some illiquid markets feel free to ask.

I would be happy to back a horse at 10 on betfair and lay it at 11 on betdaq pre race.

That doesn't make sense - surely you can only lose doing that ?

Correct - That would allow me to lose in Betfair, something that comes in handy if those greedy ****ers demand PC.

The benefit for the bot operator is that make a profit on every trade.

[dflowe]

hi guys I ran a spread sheet comparrison for 4 months and never found 1 arb of any consiquence.......betdaq comissoin.....this seems a waist of time to me

[negapo]

What markets were you following?

[dflowe]

I did the horses for 4 1/2 weeks, the dogs for 3 weeks, and the tenis and football for about 4 1/2 weeks, I used betassist for betfair to feed 1 spread sheet and betassist for betdaq to feed another and setup a 3rd spreadsheet to compare the data from the other 2, there were some problems with positioning but if you use lookup to sort the fields you can syncronise the data on the 3rd sheet so you get the right odds with the runners.......when I did it th first time I thought I was onto a winner, but the 2 sites sometimes go out of synce and it looks like you have an arb but in reality you are looking at 2 different odds......so beware!

[negapo]

Thanks for the details dflowe

Were you demanding the spread to cover the minimum comission on both exchanges?

[dflowe]

I recorded any arb and then calculated manually to take out the commission, was not too hard as the arbs were few and far between, it was almost as if there was a FIX going on between the two......bit like betfair matching now, even on the high odds and on those that did showup the diff was so small that in most cases the commission took the profit or almost all of it......but if you come up with any sport that has lots of arb possibilities I will share my basic trading spread sheets, they may need more work as i only got the odd trade to try them on and so gave up........