Thread: Arbitrage
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Old 27th October 2003, 03:40 PM
allanby allanby is offline
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Join Date: Jan 1970
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Quote:
On 2003-10-27 16:19, Freak wrote:
I understand that because we are in the land of Oz and that most of the action takes place on the otherside of the globe that it would be necessary to become nocturnal. Also what would be a reasonable return percentage wise and what would be a reasonable turnover in cash? Is there a problem with the time factor and transfering money between bookmakers?


Nocturnal would help

Most of the sports that you'd get the most benefit from following would be ones such as tennis, played all around the globe, all year round and mostly on the other side of the world. The returns i guess would be from about 1% to 15% ( 15% not often )

The main problem you'll find is that you need to set up a number of accounts with bookmakers to be able to capture the opportunity. So, you probably wanna start small, get a feel of which bookies you want to use and go from there. I'm led to believe that there are some alert services that allow you to filter what bookies you want to be included for an arb alert, just so that when you are notified by email i guess ,it won't be a waste when the arb is made up of two Bookies from Russia which you have no dealings with.

Hope this helps, if you need more, email me caus i know a guy that could help you.

A.
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