Smarkets arbitrage calculator. You continue to stick to the strategy and blog. Smarkets arbitrage calculator

 
 You continue to stick to the strategy and blogSmarkets arbitrage calculator 0

Regular bookmakers have preset limits on their markets. Our matched betting calculator allows you to calculate a qualifying bet or any free bet, so you know exactly how much to stake on your lay bet in order to minimise initial losses and maximise overall profits. Fill in the registration form, open an account in Euros and start placing bets. The calculator also works for strategies that combine bookmaker (back) wagers with exchange lay bets. IBCBET rebrands into MAXBET. Every click on ‘SELECT COINS’ button adds another coin to. Sam @ Sportssmartbetting. 5 AH. 00. Profit: 2. Convert pounds to dollars: £1,001,384 = £591,171 x 1. The formula is: Expected Value = (Winning implied probability % * profit if bet won) – (Losing implied probability % * stake). Smarkets Exchange. BetISN is a bookmaker operated by Oak Tree Services Limited, which holds an online bookmaker license issued by the First Cagayan Leisure and Resort Corporation. If you haven’t signed up yet, please explore the available. The leading betting agent: BET-IBC and their flagship product: VIP-IBC are waiting for you! VIP-IBC is a betting platform for professional players, where you can compare different bookies. An easy to use, multi-channel interface shows the bettors real-time updated best odds across many different bookmakers. Similar to your run-of-the-mill bet calculator, our free Single Bet Calculator processes the odds on your selection and lets you know how much you will pocket if your bet comes in. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. It works by calculating the odds of different outcomes in different markets so that punters can identify the ones that offer the highest potential profits. Sbobet. Example: (1. Finally, the expert analysis. The main focus of BetBurger is finding professional customers with a long subscription life span. All bettors know the equation of any bet. Now you have converted the betting exchange odds to include the commission you can calculate the true market margin. Plus, we do this by providing the news on the best brokers and bookmakers. Number of Goal Kicks – Handicap – Implies which team will take the most goal kicks during a match, inclusive of any handicaps. Epoxy Flooring UAE; Floor Coating UAE; Self Leveling Floor Coating; Wood Finishes and Coating; Functional Coatings. Make sure you are on Smarkets' website (not the app) and navigate to all of the matches you are looking for. Easy solution with Skype Betting – the best results. 977 to win, while Clermont Foot Auvergne has odds of @3. 33. OddsJam is one of the most sophisticated arbitrage and value betting software. Asian bookmakers. Smarkets and BETDAQ both take 2%, which works out to be a huge difference long-term; £3 for every £100 you win. It works by calculating the odds of different outcomes in different markets so that punters can identify the ones that offer the highest potential profits. 819, while the odds for under 1. 55 * 20) / 1. IBC-BROKER B. 0. It is based on the popular lay the draw bet but makes it easier to place. The Smarkets hedging calculator - also known as a green-up calculator or trade-out calculator - is the perfect tool for traders to quickly know how much they need to either back or lay to hedge a betting market. 86 (Smarkets). It supports all price types (fractional, decimal and US) and, unlike most arbitrage. Profit. Our betting calculator does the math for you and displays the outcomes. V. Automatically calculate stakes for all bets. While every effort is made to ensure that the betting information displayed here is correct and up to date, we are not liable for any errors, and it is your responsibility to check the odds with the bookmaker or exchange before placing a bet. The calculator tells you how much to stake and how much profit you will make. Simply put in your stake, choose the odds format and enter the odds. This match holds great3. Click on the button to load the content from Livescore data provided by Nowgoal Livescore. With hedge betting, the odds that your original bet wins are much better now, as in the example outlined above. Only in rare occasions they will accept a. Qatar – Ecuador. For example, an implied probability of 10% shows that a bookie believes there is around a 1 in 10 chance of thaTo do this on the smarkets mobile phone app you should locate the outcomes that you want to lay on the exchange. Betting Account. Just complete the online sign-up form with all the necessary information and the great VIP-IBC’s support team will contact you with further instructions. The new trade out button is available on all markets as long as there is sufficient volume. 89p profit. For example, a horse finishing in the top 3 in a race. Let us know your questions and we will get back to you as soon as possible. VIP-IBC is the betting platform that brings all your favorite bookies in one place! Through one single account and a single click on a screen that provides you with all the available odds side by side, you can place your bets simultaneously at: sportsbook / Pinbet88. To calculate your lay stake on the Smarkets exchange you simply use the following calculation: (back price x back stake) / (current lay odds - exchange commission). Feel free to check the odds Matchbook’s members back and lay for this event. Arbitrage exists because bookmakers set their odds independently; in other words. Converting fractional odds to implied probability. Odds (Decimal) Commission (%) Should Stake. SingBet Overview. 18) November 18, 2023 10:15 am. A 10-way sports arbitrage betting calculator can be used by adding 8 additional outcomes to the initial 2-way sure bet calculator. OddsJam is the #1 tool for smart sports bettors located in the United States, Puerto Rico, the Virgin Islands and Canada. Please see ooredoo. 1 day: €9. Draw No Bet Betting . Horse Racing Arbitrage StrategyBetting exchanges have different commission charges. BetXchange. These conditions apply to withdrawal requests made once per week; Any additional withdrawals requested within one calendar week may be subject to + 3% investment for all bookmakers; Withdrawal processing may take up to 24 hours; USA players are NOT accepted; You can only request withdrawal of your. smarkets trade out calculator. As we mentioned earlier, a bet of $125 on Arsenal is fine, but betting $526. Immerse yourself in the captivating universe of slot games, a prominent fixture in both physical casinos and their online counterparts. You then need to enter the amount you wish to lay in the ‘ STAKE. A relatively recent entrant into the betting industry, Smarkets is a UK-based betting exchange and bookmaker established in 2008. The draw has odds of @3. The participation by our team of tipsters has been overwhelming. Fill out the form below to register for an Orbit Exchange account via BET-IBC. Read. Smarkets the best odds with an industry low 2% flat commission. Our betting calculator does the math for you and displays the. Best Betting Account. g. 97% chance - learn how to calculate implied probability from betting odds. Matched betting was my first endeavour into making money online. 8048/JAZ issued by Antillephone, authorized and regulated by. For example, Betfair Exchange generally charge 5% commission on winning bets whereas Smarkets charge 2%. Hedging your bets involves placing bets on a different outcome to your original bet to secure a guaranteed profit regardless of the. Odds converter. Provider. We've created a wide variety of free calculators to help you with your betting needs - whether. This is a good piece of news because it means that the bookmaker itself is totally unconcerned if you win or lose since they make their modest profit either way: you can bet as much as you want as long as other bettors will match that amount on the other side. Civil Code - CIV. Bet with the best Ice Hockey odds on the Smarkets betting exchange, thanks to our industry-low 2% commission. it, Eurobet. Did you mean to use "continue 2"? in /home/herics/public_html/toloajto. Commercial Code - COM. Start Trading. All you need for betting success. 4) Betfair Trading. Use code COMMFREE to trade with 0% for 60 days; Trade sports, politics and current affairs; Use code COMMFREE to trade with 0% for 60. Most of their services require some kind of knowledge in arbitrage and value betting. Education Code - EDC. 4ODD offers you the most common bets that our users get to choose from. BET-IBC is operated by IBC-BROKER Korporaalweg 10, Willemstad, Curaçao. Singbet is one of the largest Asian bookmakers in the market. After clicking the ‘calculate’ button, they will immediately get the results. Telegram-planeLinkedin-in. In this section we have included detailed texts on all the steps that they need to follow to make full use of each option separately. How does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to. Afterward, as they continue their casino quest, the users can claim various deposit bonuses. The latest addition to MAXBET’s amazing offer is a poker room called PokerAce, wich allows players from all around the world to compete against each other in No Limit, Pot Limit & Limit Texas Hold’em, as well as 13 Card Poker (also known asChinese poker). Both the sure bets and EV bets calculator service of RebelBetting offer a high-quality service for an affordable price. It is an unfortunate truth that the vast majority of bettors place their wagers blindly, influenced by the constant advertising for «best odds», «lowest margins», etc…. SIGN UP NOW. Perhaps you have layed the draw in a match at 3. Arbitrage Calculator will also help you calculate the amount of profit and will make you think if it's worth or not the Arbitrage betting. Each-way Betting 3. This page includes a list of all the bookmakers you can open accounts at. The markets available at the main center screen. 3. 0 = €1050 from Bookie 1 and lose €475 from Bookie 2, resulting in a profit of €50. Arbing isn’t a term solely used for. Result. You usually make a small loss on your initial bet. com Arbitrage Calculator Total Stake Total Profit Odds (Decimal) Commission (%) Should Stake. Deposit Form. elijah adebayo father. Therefore the overround on Smarkets with 2% commission. It’s time to visit the Gallagher Premiership and talk about the only match that is to be played on November 19. Just let us know what it is that you need and we will open an account for you that will suite your betting purposes. But first, let me show you what they can offer. As a betting exchange, Smarkets facilitates peer-to-peer betting where users set their own odds and bet against each other - you can simply. Matched Betting Calculator - Smarkets Betting Exchange Next steps Once you're comfortable with the basics. can i become prime minister uk Uncategorized smarkets commission calculator smarkets commission calculator February 24, 2022 February 24, 2022 0 Comments 3:40 amAn arbitrage calculator is a useful software in betting designed to help you maximize profits and minimize losses when gambling. 086. Enjoy other services offered. Make sure you. The next step it to compare your Poisson result to the odds offered by bookmakers or exchanges. Log in. Smarkets Largely known as a “premium betting exchange”, Smarkets is one of UK’s fastest growing bookmakers. 34. Nowadays, Sbobet has a license to operate in many countries in Asia, Europe and Latin America. 1. Table of Contents. Plus (+) odds can be typed in without adding the plus symbol (e. 25 goals are @1. The formula for expected value = (fair win probability) x (profit if win) - (fair loss probability) x (stake). In matched betting you cover all potential outcomes of a sporting event. The use of a sure bet calculator and an Arbitrage calculator is that it helps the user give the exactly amount of stake to bet on a 2way or 3 way bet. *If you follow our guides correctly, all outcomes are covered so the result of the sporting event is irrelevant. All of the most popular bet types are supported, including Lucky 15, Accumulator, Trixie, Patent and Round Robin, as well as speciality bets such as. How to calculate your lay stake for back to lay arbitrage bets. If Player X wins, you will receive €525 * 2. The arbitrage software should include a built in betting calculator that automatically calculates the necessary stakes for each leg of the arbitrage bet to ensure that you lock in the profit. elijah adebayo father. The Major League Baseball (MLB) is a North American sports organization consisting of two leagues: the National League and the American League. Our free online Back/Lay betting calculator calculates the stakes for backing and laying the same selection for a level profit on betting exchanges. Smarkets Arbitrage Calculator; Odds Probability Calculator; Suppose you noticed that one team has played a series of matches with the result of “total over” . In-Play Betting 4. There are also situations where you can use dutching to find an. If you've had a bet and it's shortened in price, use this calculator to see how you can guarantee yourself a profit using the betting exchanges - win or lose. 35/month with discount*) Positive EV - $199/month ($129. 15. 910/11 on Nadal, but shorter odds of 2. The calculator can be used for exchange lay bets in conjunction with standard bookmaker (back) wagers. ‘lay’) our bookmaker bet. An arbitrage calculator is, therefore, a tool that helps bettors find opportunities to make money via arbitrage. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. BetBurger – Premium in-play sure bet finder. org. The Bet Calculator follows suite with all of the tools that we have promised to give you access to in order to help you make the most out of your betting practices. This summer sport, usually played from spring to fall, is very popular in the United States. Shrewd sports bettors can use hedging and arbitrage to lock in a guaranteed profit regardless of the result of a. To calculate your lay stake on the Smarkets exchange you simply use the following calculation: (back price x back stake) / (current lay odds - exchange commission) Example: (9. If you're betting on a betting. The list of available sports, while very diverse, is still more modest than of Betfair. DEPOSIT TUTORIALS. Let’s explore a new territory with this tip. US$20 first deposit only using Debit Card or Instant Banking. Just follow the below instructions: Input the total stake you want to risk. For example, when Manchester United (1. However, we’ve gone one step further and designed a multifunctional calculator that includes both the Asian Handicap and the Over/Under option. * This 5% can be reduced depending on your activity, it’s quite easy to get it down to 4. Feel free to take advantage of these predictions and begin your journey to significant winnings. Naturally, if you wish to, you can always use the most advantageous option that. Code of Civil Procedure - CCP. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. Offering deep liquidity and low commissions, Matchbook returns maximum value to bettors. The match would have been a rather easy victory for the hosts, if quarterback Joe Burrow was in good. An easy to use, multi-channel interface shows the bettors real-time updated best odds across many different bookmakers. Its parent company was founded in 1997 and provides online sports betting entertainment predominantly in European markets. SIGN UP. You may find either an Asian handicap or an Over/Under calculator on other gambling related websites. WhaleBets is a top-notch website that provides useful strategies, bookmaker reviews, bonuses, all the latest football news, 3 free daily tips and a high-quality VIP Program. The competition it organizes, bearing the same name, is the highest level in the current baseball hierarchy. Floor Coatings. Brest has odds of @1. 31. 1. Three strategies are calculated. Please make sure that the information that you will insert is both true and accurate, and let us assure you once more that every detail that you. The formula you need to make use of looks like this: (lay price x back wager) / (value of the current lay odds – exchange commission). 837. 8048/JAZ issued by Antillephone, authorized and regulated by. After locating all the desired outcomes you should turn on the multiples mode slider tab in the top right-hand corner of the screen, this activates multiples mode. 73 vs 1. It is also a great way of calculating an e/w bet, whether it be 1/4 or 1/5 of the odds for a place result. Name. Using the Smarkets arbitrage calculator is simple. You can add as many selections as you wish and you can use up to three different methods to calculate the correct bet amounts: The arbitrage. 4. Our matched betting calculator allows you to calculate a qualifying bet or any free bet, so you know exactly how much to stake on your lay bet in order to minimise initial losses and maximise overall profits. Take a look at our Arbitrage betting calculations & formulas article to learn how to calculate your stakes to ensure you return a profit or simply use an arbitrage calculator. smarkets trade out calculator. This perfectly suits players that search for higher odds and limits of original top bookies covering an incredible range of sports (soccer, basketball, MMA. The Best Betting Platform. 70 on the Dolphins to win on FanDuel, no matter who wins, you will. When you are new to betting the lay bet concept may be slightly difficult to understand, this is why we have developed a lay betting calculator that will help you see what will be the. 63 in qualifying for your £10 free bet. 67 by trading out our lay bet!Divide 1 by the odds of an outcome to calculate the probability of that outcome. Bet365 Casino Bonus! We are here to let you know about the endless opportunities and bonuses in the Bet365 world. Therefore to find out the probability of a Murray win would simply be: 2 / (2 + 9) * 100 = 18. The best betting tools offered by the best betting agent for Asian and European bookmakers BET-IBC. Oops! Something Went Wrong. If your selection places, that half of your each way bet is paid out at a fraction of the. Matched betting calculator. When clicking on the blue box, the contract you chose will appear on your betslip on the right side of your screen. This difference will result in always 100% winning. The easiest and most common way to do arbitrage betting is placing a bet on a bookmaker and then laying the same outcome on a betting exchange (i. Brentford, Stuttgart & West Brom all to win. – 2% once a turnover of 1,000,000 EUR is reached within a calendar month. 1st Step. Open a slots betting account. Overall position if win £-0. 41) * 100 = 102. As you can see this is the same probability as with. 086. Select whether your bet is a back or lay. Unlike the lay odds for each leg, the lay odds for the single accumulator lay bet cannot be edited. 2. 00 and stake £10, your liability will be 5 x 10 = £50. The above shows the top 3 closest odds which are Hlcin vs Frydel Mystek 1. The easiest and most common way to do arbitrage betting is placing a bet on a bookmaker and then laying the same outcome on a betting exchange (i. 2 In 2012 Smarkets was ranked 33rd in the UK Startups 100 awards. The field is a diamond with sides of 27. Simply click here and the bet appears, as shown below. This is the formula in the OddsJam sports betting expected value calculator. An arbitrage bet can also be known as a sure bet or sure win and works by the bettor placing a series of bets on one particular market that will guarantee them to profit or, at worst, they will break even. 24/7 Access To The Each Way Sniper Training Vault. Powered by Betfair, FairExchange, or Fair999 as it is most commonly known, was founded in 2015. Whether that's matched betting, converting odds or. Read Bradley’s Story. Betburger prices for Pre-match arb/value scanner. Contact. This calculator assists users in figuring out the total payout of hedge bets in 2-way and 3-way betting situations. Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. So who would you bet on to be the prettiest woman in the world for 2016?2. The calculator tells you to lay £8. In comparison, one UK high street bookmaker offered a margin of 7. Enter your stake, the odds and commission (if using an exchange to back with) for your initial back/lay bet. It is the reason why they are preferred by many punters from all around the world. On top of that, they claim to be an ever-evolving service, which is key for a bettor that aims to improve day by day. At the corners of the diamond are the bases. My name is Glorybet and I am from Belarus. Any matched bettor needs a calculator that works out all your qualifying and free bets, that is why Trickybet has created the only calculator you will ever need. Lay stake = ( back odds * back stake) / ( lay odds – lay commission) Lay stake for free bet if stake not returned. This sports arbitrage betting calculator is one of the most comprehensive, detailed arb calculators available. Firstly you need to calculate how much you need to lay. Profit. 3) Value Bet by Proven Software / Systems / Tipsters. The Free Bet Calculator is the world’s leading online sports bet calculator. There are also situations where you can use dutching to find an. Cash-out available. It is owned and operated by Eurasia Sports Limited, based in Alderney and holds both Category 1 and Category 2 licenses from the Alderney Gambling Control Commission. For beginner value bettors this method Is the most favorable for finding positive EV bets and growing your bank. The best betting tools offered by the best betting agent for Asian and European bookmakers BET-IBC. The outcomes at the bottom of the calculator above show you that by laying the smaller amount of £10. You would then make a £563. 0. Since then, The Blues have accumulated 4 consecutive wins. Subtract your original investment from your total: $1,001,384 divided by $1,000,000 equals $1,384. An Arbitrage Calculator is a helpful tool for finding and using arbitrage chances. Just follow the below instructions: Input the total stake you want to risk. Placing a lay bet. 53, you’ll make a profit of £5. 977 to win, while Clermont Foot Auvergne has odds of @3. The easiest and most common way to do arbitrage betting is placing a bet on a bookmaker and then laying the same outcome on a betting exchange (i. The Number of Goal Kicks – Over/Under – Implies betting on the total number of goal kicks taken by both teams during a specific match. Let’s say you have 1000 Euros total, the calculator gives you 525 euros to stake on Player X and a 475 euros to place on Player Y. Betting exchanges have different commission charges. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. smarkets trade out calculator. These exclusive predictions are offered for free for BET-IBC clients. Remember, unlike some other exchanges, commission is only paid on Smarkets if you win. Our net profit in this example would be ( £50 + £50 - £83. is licensed and regulated by the Antillephone Authority and operates under License No. (3 x 10) / 8 = 3. The formula to calculate expected value for betting is fairly simple: (Amount won per bet * probability of winning) – (Amount lost per bet * probability of losing) Let’s use a coin toss as an example of calculating expected value. The equation is very simple: Hedging calculation = (back price * back stake) / current lay odds. Charles Johnson takes on Rafael Estevan for UFC Vegas 82 at the APEX on Nov 18 at 19:10 GMT. Enter your stake, or bet amount. But we have to take the Betting Exchange Commission (Smarkets is 2%) into account, thus it results in a marginal loss. Hedging calculator. 4ODD is proud to present a range of bet types that will satisfy even the most demanding of the bettors. 2. The procedure is always the same simple one that takes only a few minutes. 0. 50 is not advised as it is the kind of bet only someone practising sports arbitrage would do. ‘lay’) our bookmaker bet and to. 97, for a stake of $100, you stand to win $597 ( 6. e. Today a new website has been launched – that will soon replace All the functionality of the bookmaker remains the same, and for now the old website remains functional and. Contact. They have excellent lines with competitive odds and offers with low margins. Enter the odds. 50. BEST BETTING PLATFORM. This is commonly known as. 15 at odds of 2. 37!By using RebelBetting you can turn the bookmakers’ own odds against themselves, finding profitable bet situations where you have the edge. Smarkets. For this example I will use the Oddsmatcher software that comes with Oddsmonkey. So, do not hesitate and sign up for the best betting software now! Just complete the online sign-up form with all the necessary information and. 1) Matched Betting. REVIEW. Assuming the coin and the toss are fair, each outcome (heads or tails) has an equal. Hedging calculator. The Smarkets betting exchange allows you to back and lay with the best betting odds and lowest commission on all major sports and politics. df012951-76ab-4aed-aad2-97f9094dfd56We use Trickybet, Free Matched Betting Calculator and enter Back Stake Amount / Back & Lay Odds / Exchange Commission (in this case 2% SMarkets). The minimum stake at Matchbook is 3 EUR. Warning: "continue" targeting switch is equivalent to "break". Primary Menu shipping to belize from floridaArbitrage Bet Finder Tool. Notes. 1) After a tough start to the season, RB Leipzig have recovered well. Arbitrage Example. 2-3 business days. For each selection, click on the green BACK option to add them to your. For many bettors, Sbobet is the most important and the best Asian bookmaker. Bookmakers like sportsbook, Matchbook, Betisn, Betfair, Maxbet, Sbobet and Turf7 are large established companies. You continue to stick to the strategy and double the bet amount. Arbitrage dutching. Multi-bookie platform. 15. However, our £83. Our odds converter has been prepared to help you keep track of your betting records. Transfer time. Using the matched betting calculator is simple. Example: (23 * 100) / 4. Nothing too complicated is asked of the players except to input the necessary information. We can use a simple arbitrage calculator — the same as a matched betting calculator — to work out how much we need to bet against (i. An arbitrage bet can also be known as a sure bet or sure win and works by the bettor placing a series of bets on one particular market that will guarantee them to profit or, at worst, they will break even. The Matched Betting Calculator will tell you exactly how much your lay bet should be, how much liability you will need and your profit (from free bets) or qualifying loss (from initial qualifying bets). SIGN UP. Our support team is always here to help you. 4,178. 1. Log in. It has a clean and friendly interface with a lightning fast refreshing arb/odds refresh rate. Our tipsters provide at least 2 exclusive and free predictions each week for you to place winning bets. elijah adebayo father. BET-IBC has a dedicated team of expert tipsters who provide complimentary predictions for you. Smarkets arbitrage calculator. Their last defeat was on August 30 against Southampton. 88 vs 2. BET-IBC is operated by IBC-BROKER Korporaalweg 10, Willemstad, Curaçao. Bet with the best Ice Hockey odds on the Smarkets betting exchange, thanks to our industry-low 2% commission. Qualify for 0% commission at Smarkets, even if you’re an existing customer. Used to unblock YouTube content. After locating all the desired outcomes you should turn on the multiples mode slider tab in the top right-hand corner of the screen, this activates multiples mode. So to work out the true exchange betting margin, you use the calculation: (1/1. Owner of this website, Imprint. Tools are amazing assets but without the knowledge to use them properly, they are useless. Luckily, OddsJam has an expected value calculator that can do this for you. Shrewd sports bettors can use hedging and arbitrage to lock in a guaranteed profit regardless of the. To do that you have to click ‘SELECT COINS’ or ‘BET MAX’ and select the number of coins you wish to wager (default value is 3 coins). Arbitrage calculator We've created a wide variety of free calculators to help you with your betting needs - whether that's matched betting, converting odds or. nl, x3000. Before placing any bets, we need to also check what the maximum lay stake is we are allowed to use on the acca at Smarkets. This will guarantee your success. Matchbook is a peer-to-peer betting exchange designed for smart bettors who want more value. Since their success is our success, we need to show them the ropes, so to speak. Input the odds for outcome 1 and the commission if on a betting exchange (if you are arbing between bookmakers set the commission value to 0). The calculator also works for strategies that combine bookmaker (back) wagers. Title. Over 2 hours of videos and training segments - each training shows you step-by-step EXACTLY how to lock in profits on Each Way Bets, WHICH markets they will show on, and WHEN to look for them. If you’re looking for something more versatile, our new Betting Exchange Arbitrage & Hedging Calculator calculates various strategies when an arbitrage or hedging opportunity exists using a betting exchange such as Betfair, Smarkets or WBX.