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Have I got this right?

I’m a total newbie to Matched Betting. I’ve yet to do my first bet, however, I believe I understand the principle, despite being quite poor at maths. But, there are some things I don’t ‘get’ so:

I do get matched betting in that the signup offers are pretty easy to do. Qualify, get free bet etc. I also think I understand ‘Arbing’ which is finding favourable odds between either two bookies or a bookie and an exchange and reaping the difference. Is that correct?

I’ve also discovered ‘trading’ through watching YouTube vids of Peter Webb and his BetAngel. This is done on Betfair and Betdaq. So as I understand, Arbing is really trading just on two seperate platforms? If this is true, I can’t understand PaddyPower’s negative attitude to either matched betting or arbing if it’s carried out hundreds of times on BetFair per horse race say.

Boris

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BettingBoris
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February 7, 2016 at 3:40 pm

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78naD 2 February 7, 2016 at 3:47 pm

Arbing a lot will get your account closed very fast. Matched betting on offers will last much longer.

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BettingBoris 0 February 7, 2016 at 6:30 pm

Ah! OK I’ve had a brainwave. It’s pretty obvious about PP and Betfair. In Betfair, it’s all punters cash. PP you’re trying to get the bookies. That makes sense.

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