Hi jhopper

I hope you don’t mind me jumping in and answering your question. There’s a couple of resources you should check out if you’re interested in arbitrage.

http://www.arbbest.com Read the forums here (you’ll need to register first, it’s free to register). You’ll learn alot about the mechanics and the pitfalls of this type of betting.

If you’re…[Read more]

By the way, for those that don’t know. Betfair is a betting exchange where punters can bet against each other and betfair acts like a broker. They charge 5% of your profits on a market, but your commision rate will go down as your volume increases.

It’s a bit like the options market, where one person/s thinks a stock or commodity is going to go…[Read more]

Just be aware anyone contemplating signing up with raceplays, that he would have access to your betfair acct. login details. It would only take a couple of minutes for him to empty your acct. into either his own betfair acct. or into a bookie acct.
Also note that allowing a third party to wager on your behalf with your acct. is against Betfair’s…[Read more]

Unforunately, anyone in Perth that was keen to see this will miss out. The Perth leg has been cancelled. I was about to book 4 tickets about a week and a half ago and noticed the Perth details were missing from the site. When I queried Marsvenus on this, they said it had been cancelled due to lack of ticket sales. It was obviously Marsvenus…[Read more]