This provides an opportunity to back a selection with a traditional bookie and lay it on the exchange. They would be guaranteed a return of £40 and make a £20 profit no matter what the outcome was.ĪRBITRAGE BETTING ON THE BETFAIR EXCHANGEĪrb betting is more common on the Betfair Exchange than traditional bookmakers as punters can choose to lay an outcome on the exchange.
This is called an arb bet.Īn example of arbitrage betting would be if Betfair were offering odds of 3/1 on Roger Federer to beat Rafael Nadal, and Paddy Power were offering odds of 3/1 for Nadal to win the same match, a punter could place £10 on Federer to win with Betfair and £10 on Nadal to win with Paddy Power. This variation can provide punters with an opportunity to guarantee a profit by placing bets on opposing outcomes with two different betting companies. With so many bookies accepting bets on a range of horse races and sporting events there will always be a variation in the odds on different betting markets.
Timeform provide you with betting odds from all the biggest bookmakers.
