Arbitrage and trading are related techniques for extracting value from the betting markets.
Arbitrage – or “arbing” for short – usually involves setting up zero-risk trades to make small, regular profits, irrespective of the result of the related sports event.
Trading is a more advanced technique that typically involves placing several bets to “stack the deck” in the player’s favour. The bets themselves may appear ‘contradictory’ – that is, they appear to take conflicting positions on the sports event. But this is deliberate, as the idea is to maximise the number of possible positive outcomes, whilst limiting the risk of losses as far as possible.
Trading often depends on a statistical “edge”, whereby any one trade may lose, but in the long run a positive overall outcome is delivered. Some of the techniques used are borrowed from the financial markets.
I have so far tested the following arbitrage and trading systems.
All By The Book 2 – a clever product that attempts to exploit bookie pricing strategies.
Assured Soccer Profits – a popular strategy from long-term football trader, John Duncan.
Bet500 – an imaginative product that generates batches of horse racing bets to help you “bet with an advantage”.
BetBurger – a slick, maths-oriented arbitrage engine.
BetGreen – an advisory service for football traders.
Betting Bounty – a novel approach to low-risk trading that aims to find an edge in particular bookmaker offers.
Bfbot Manager – a truly remarkable betting bot from UK-based Sodens Software
Bonus Bagging – a truly remarkable matched betting service designed to exploit bookmaker bonus offers.
Draw Inflation – a sophisticated pre-match football trading system that is the “little brother” to Pre-Match Trading below.
Dynamic Football Trading – an advanced football trading package from the team behind Total Football Trading.
Football Form Labs – a huge statistical engine designed to highlight potential opportunities.
Flaming Torch – snooker trading.
Goal Profits – a popular football trading service.
Golden Soccer Star – an unusual football system that attempts to land longshots.
Lay The Draw Bot – a piece of software designed to automate the oldest football trading strategy of them all.
MathBet – an advanced arbitrage tool that flags up cross-market opportunities and middles, as well as conventional trades.
Oddscatcher – a professional-looking arbitrage and low-risk trading method, backed up by comprehensive support arrangements.
Pre-Match Trading – an award-winning “smart” football trading product.
Profit Maximiser – another ultra-low risk value extractor from Mike Cruickshank of Bonus Bagging fame.
Profit Ninjas – a comprehensive service that ranges from simple bonus bagging to sophisticated price trading.
Race Inspector – horse racing ratings software designed to be used by back-to-lay traders.
Rebel Betting – a sophisticated arb alarm product.
Rewarding Trading – a horse racing trading service that comes with a very good reputation.
Soccer Betting Revolution – a bold approach to in-play trading of football matches.
Sports Punter – a fair value arb alarm product.
Spymare – an extraordinary horse racing arbitrage product that uses a novel approach to find up-to-the-minute opportunities.
Steamer Drifter Bot – Winningmore’s automated trading application.
Strategic Betting – a guided trading service, with a highly imaginative approach to trading UK horse racing.
Tony Hargraves’ Sports Trader Strategy Guide – a manual detailing 15 specific trading strategies used by “The Badger”, a well-known Betfair trader.
Trade 4 Income on Betfair – Winningmore’s foray into the ‘trading education’ market, drawing on the experience of long-term Betfair trader, Tony Hargraves.
TradingFootball.EU – a comprehensive suite of football trading tools supported by a very lively, helpful community.
Trading The Horses – a horse-racing service from the Pre-Match Trading team.
The following systems are still being trialled.
BetHawk – a truly remarkable betting bot that adopts a portfolio approach to horse racing.
BetMaid – a smartphone-based trading app that is almost absurdly good value.
Correct Score Indicator – a piece of software that provides correct score guidance for football traders.
Delay React Trade – a comprehensive football trading system from Canonbury’s Clive Keeling.
The Omenator – a remarkable alert service that highlights potential back-to-lay trades in the horse racing markets.
Last but not least…
Two readers have separately attended Peter Webb’s Betting Exchange Academy in order to learn how to trade on Betfair. Their course reviews are included in a thread entitled Learn To Trade.