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Thread: Week 4, Day 2
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post #9 of (permalink) Old 09-21-2006, 01:44 PM
country flag probids
Registered User
Join Date: Sep 2006
Location: aussie
Age: 47
Posts: 22
Re: Week 4, Day 2

sorry if I confused you.

Quick example

Last night I had 1000 Pounds on NYM to beat Florida at the bookmakers

I also had 1000 pounds (laid) them to lose on betfair at the same odds.

I lose 1000 with the bookmaker and win 1000 at betfair that covers the bookmaker stake.

My profit is 270 Pounds without risk. ( I am an aussie but trade UK for obvious reasons)

1000 - 10% times 30% = 270

The bookmaker I am affiliated with pays me a commission and most bookmakers do. You need two people to trade like this but it is fun and you never lose a cent!
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