free money?

[Ironside]

i just been checking the odds on the next newcastle manager market

and seen that gerald houllier is availbe to lay on betfair at 18s but backable on bet365 at 28s

if i knew what to do and i was braver i would call that freemoney

[Ironside]

kegan is also on offer on some sites at 8.0 and being laid on betfair at under 6.0

[Graham C]

Go for it,  Back at for say £20 at 28 and you'd need to lay off for £31.11 at 18.00 for a profit of £11.11 regardless of what happened.
I have a hedge calculator if you want a copy of it for future reference (it's in Excel)   
You basically need a lot of cash in your Betfair account to be able to cover the lay off's but it's an easy way to make a bit of cash from time to time, if you don't make mistakes and the bookies accept your bets.

[Longy]

There are quite a few arbritrage calculators on the internet, which work out balancing your bet for a guarenteed profit. There is one on oddscheker if you go to the power tools menu, and choose the hedging/dutching calcs.

I have given up abritrage betting to concentrate on poker as it is alot harder than it used to be back in the golden days of arbing (1999-2003ish), you could make a comfortable living out of it (I did for a summer) but now various bit of software are picking the bets up too quickly so you have to be lightning quick to get on.

[Ironside]

i dont have enough in my betfair account to lay more than a couple of quid here and there