Setting up Mathbet was quite easy. I just had to download the software, then register with username and password.
I played around with the software for a couple of hours on the first day and I must say, I was very impressed with what I was seeing.
The arbs are certainly plentiful. There are always at least 2000-4000 arbs available on a daily basis, with the bulk being worth around 1-5%.
On some days, I have found arbs ranging between 10-70%, and some of those had middles from 100-120%!
Admittedly, the middles are usually quite far-fetched. I wouldn’t hold my breath waiting for a team like Levante to be 0-2 up at half time away at Barcelona! – but you never know.
The beauty is that a profit is already locked in, and, if there is a shock result, it gives you a big pay day.
Getting Down To Business
The software itself is pretty cool. The arbs refresh every 60 seconds, and there is a list of bookmakers you can set up to only show arbs within your bookmaker accounts.
I have accounts with all the UK bookmakers, and a few more that I bonus bagged 2 years ago. Using this filter cut down the arbs to around 25% of the total.
The Main Screen
Once you click on an arb, a new window opens like this:
From this window you can adjust the stakes to suit your bank and more importantly to round off the figures in order to try and disguise the arb.
You then the hit the “open all” tab, and a browser window opens up within Mathbet, like this:
The Mathbet browser navigates the bookmaker site and checks the odds. If the odds are still available, the browser will flag that the arb is OK with green indicators.
You can also set your username and password for each bookmaker, so the browser will log in automatically. Once the odds are verified, you can either place the bets manually, or you can click the “place bets” tab, and the browser will add the selection to your betslip.
You then just need to add your stake and submit each bet. Once the bets have been placed, the profit is locked in.
The biggest problem with arbs is the price moving before you can place the bets. I found that around 20% of arbs expired due to price changes, but that still left me with plenty of opportunities.
- Excellent arbs with good %ages and plenty of them
- 37 Bookmakers covered
- Interesting arbs covering correct scores and/or 1st/2nd half results
- Arb details allow adjustment of stakes to skew more profit to one side of the arb
- Impressive browser which will check the odds, log in and select correct bets
- Very good live support
- Plenty of profits to be made using this software
- The software seems to slow my PC right down
- I have had the software crash 3 or 4 times in the past two weeks
- Live support is only available between the hours of 8.00am – 3.00pm
- The software doesn’t take into account Betfair commission, so care is needed with any arbs that require Betfair
- The Mathbet browser also seems to be a little slow and has crashed a few times
- The browser will not log in to certain sites, especially William Hill and and Coral
- I also experienced problems with William Hill where all the odds need to be checked manually: so again care is needed.
I am very pleased with the Mathbet service, and the quality of the arbs it highlights.
The software could do with some tweaking to make it run smoother, and an option for Betfair commission would be nice.
I have placed 20 arbs in the past two weeks and have made a profit of £162.42 using, on average, £100 per arb, averaging out to around 8% per arb, which I think is fantastic.
Arbers who use much larger stakes could make a very good living using this software.
I have had a look at the subscription rates and they are as follows:
- 1 day trial 12 euros
- 1 Month 89 euros
- 6 months 429 euros
- 1 year 799 euros
I made 1 month’s subs in a week, using £100 stakes. So I will definitely be interested in signing up (especially if they can offer me a discounted rate!).
All in all Mathbet offers a fantastic service and is a must for any serious arber.