₦airaland Forum

ISelectMySins:
Your intentions is not clear. Is this sheer misinformation or dis-information?

Dear readers, don't fall for this scam.

Now, what is arbitrage betting? Arbitrage betting is a sports betting strategy that involves placing two (or more) wagers on a single sports event, so that all possible outcomes are covered.

You cannot arbitrage on the 1X2 markets or any two-sided markets like the overs and unders market because the odds (you see) have been calculated and re-adjusted to circumvent that. You can only hedge a bet.

Let me talk about arbitraging the 1x2 market for a minute. Let's say you want to make arbitrage bets on this market. Then it means you have to place three bets: one for home win 1, the second for a draw X, and the third for an away win 2; or you make a home win or draw bet which we call the 1x bet on one hand and an away win bet, which is called a 2 bet. In this instance, you only have to place two bets, not three.

To cover all the outcomes of this market and still be in profit, you need all the markets to have above three odds or even close since you are placing three bets with three outcomes. Unfortunately, the bookies do not give you that.

Unfortunately.

You would hardly find a game where that is the case. None, if you ask me. If you would rather place two bets, you need the first home win or draw to have odds above 2.5 and the away win to have odds of 3 and above. Again, it doesn't happen.

Let me talk about a two-sided markets, the over and unders markets.

Here, you cannot arbitrage on overs and unders because you cannot bet both sides of a sporting event and be in profit. You need both to have odds above two since you are placing two bets. Unfortunately, one has odds above two, sometimes three, even four and upwards (as you would see in the 1.5 markets) while the other has odds below 1.3, sometimes even as low as 1.1.

Let me use the 1.5 market. The pattern is like this: 1.5 ----- over 1.3 under 3.7
1.5 ----- over 1.13 under 6.7
1.5 ----- over 1.4 under 2.97

I am not going to paste for over 2.5 because it is also applicable.

You are never going to find a sum which when multiplied by the over and another sum which when multiplied by the under give a sum greater than the sum of money used for both. Whether it's the 1.5, 2.5 or 3.5 market, you wouldn't find. The bookies are smart. I am however currently playing with numbers and equations and trying to figure a way out. It's just that I get distracted quite a lot.

Please close this thread. Another user might be tempted to pay for a failed method that doesn't work.

You do understand that in the Nigerian bookie space, inefficiencies are still rife.

All this epistle is just theory. If you have a scanner, you can spot these inefficiencies and take advantage before it's gone.

You are right that bookies always look out that they are not leaking opportunities.

But the markets they offer are way too numerous for them to keep tabs. And betting patterns vary from bookie to bookie.

ISelectMySins:
Your intentions is not clear. Is this sheer misinformation or dis-information?

Dear readers, don't fall for this scam.

Now, what is arbitrage betting? Arbitrage betting is a sports betting strategy that involves placing two (or more) wagers on a single sports event, so that all possible outcomes are covered.

You cannot arbitrage on the 1X2 markets or any two-sided markets like the overs and unders market because the odds (you see) have been calculated and re-adjusted to circumvent that. You can only hedge a bet.

Let me talk about arbitraging the 1x2 market for a minute. Let's say you want to make arbitrage bets on this market. Then it means you have to place three bets: one for home win 1, the second for a draw X, and the third for an away win 2; or you make a home win or draw bet which we call the 1x bet on one hand and an away win bet, which is called a 2 bet. In this instance, you only have to place two bets, not three.

To cover all the outcomes of this market and still be in profit, you need all the markets to have above three odds or even close since you are placing three bets with three outcomes. Unfortunately, the bookies do not give you that.

Unfortunately.

You would hardly find a game where that is the case. None, if you ask me. If you would rather place two bets, you need the first home win or draw to have odds above 2.5 and the away win to have odds of 3 and above. Again, it doesn't happen.

Let me talk about a two-sided markets, the over and unders markets.

Here, you cannot arbitrage on overs and unders because you cannot bet both sides of a sporting event and be in profit. You need both to have odds above two since you are placing two bets. Unfortunately, one has odds above two, sometimes three, even four and upwards (as you would see in the 1.5 markets) while the other has odds below 1.3, sometimes even as low as 1.1.

Let me use the 1.5 market. The pattern is like this: 1.5 ----- over 1.3 under 3.7
1.5 ----- over 1.13 under 6.7
1.5 ----- over 1.4 under 2.97

I am not going to paste for over 2.5 because it is also applicable.

You are never going to find a sum which when multiplied by the over and another sum which when multiplied by the under give a sum greater than the sum of money used for both. Whether it's the 1.5, 2.5 or 3.5 market, you wouldn't find. The bookies are smart. I am however currently playing with numbers and equations and trying to figure a way out. It's just that I get distracted quite a lot.

Please close this thread. Another user might be tempted to pay for a failed method that doesn't work.

this is false, you can get 3-way arb with 3 different bookies, i have done this countless times. you just need to know where to look.

EMIOMOADEOYE:
You do understand that in the Nigerian bookie space, inefficiencies are still rife.

All this epistle is just theory. If you have a scanner, you can spot these inefficiencies and take advantage before it's gone.

You are right that bookies always look out that they are not leaking opportunities.

But the markets they offer are way too numerous for them to keep tabs. And betting patterns vary from bookie to bookie.

do you know if naija bookies limit arbing accounts like 1xbet does?

pryme:
do you know if naija bookies limit arbing accounts like 1xbet does?

Yes they could.

However, arbing in Nigeria is not yet a major issue for bookies like in the UK

People are too lazy to learn and are addicted to accumulators

So local bookies like Nairabet and Bet9ja may not be hard on arbing.

However, as the trend becomes more and more common, expect that the possibility of restrictions will be common.

1xBet is an international bookie, so they know about arbing and know how to catch you

EMIOMOADEOYE:
Yes they could.

However, arbing in Nigeria is not yet a major issue for bookies like in the UK

People are too lazy to learn and are addicted to accumulators

So local bookies like Nairabet and Bet9ja may not be hard on arbing.

However, as the trend becomes more and more common, expect that the possibility of restrictions will be common.

1xBet is an international bookie, so they know about arbing and know how to catch you

very true

pryme:
very true

Are you into arbing?

EMIOMOADEOYE:
Are you into arbing?

yeah. I left it for a while cos I was limited by 1xbet,
but came back after asking someone to open an account using her details cos most arbs involve 1xbet.
but I know sooner than later 1xbet WILL limit the account again so i decided to make deeper dive and research if there is a way to make serious money without my account(s) being limited.

what I found lead me to open an account with a bet broker

pryme:
yeah. I left it for a while cos I was limited by 1xbet,
but came back after asking someone to open an account using her details cos most arbs involve 1xbet.
but I know sooner than later 1xbet WILL limit the account again so i decided to make deeper dive and research if there is a way to make serious money without my account(s) being limited.

what I found lead me to open an account with a bet broker

If I may ask... Which of the bet brokers did u sign up with? Most of dem no dey run 1xbet... Happy New Year.

Just use Xmombo bot for sports arbitrage.
Earn 70% of profit made.

Tell us more about the not as to registration
Deposit
Withdrawal

vinzita1:
Tell us more about the not as to registration
Deposit
Withdrawal

I am able to deposit and withdraw anytime.
What is the question?

Does the app work with our local card payment
And what is the least amount to pay so as to start accessing the app

Please can you email me your number- seunbodeajayi@gmail.com, I’d love to run some ideas by you. Hopefully you are still into betting.

pryme:
yeah. I left it for a while cos I was limited by 1xbet,
but came back after asking someone to open an account using her details cos most arbs involve 1xbet.
but I know sooner than later 1xbet WILL limit the account again so i decided to make deeper dive and research if there is a way to make serious money without my account(s) being limited.

what I found lead me to open an account with a bet broker

seunnairaland:
Please can you email me your number- seunbodeajayi@gmail.com, I’d love to run some ideas by you. Hopefully you are still into betting.

Send me a mail,
prime.will@gmail.com.

carmworld:
Which bookie is under 2.5 and which is over 2.5 ?

Oh the time is even 2pm.

Be sincere with yourself, if you truly have an arb post it earlier than kickoff time.

.