Sports Arbitrage Trading Guide

Thursday, May 11, 2006

Arbitrage Trading Progress - Week ending 16th April 06

Week ending 16th April 06
Opening Balance = $2,533.52
Bookmakers funded = 6-7
Bookmakers Used = 5
Number of Trades = 6 (1 cancelled)
Profit = $53.92, 2.13%
Closing Balance = $2,587.44

This week saw one great 10% arb on an NHL game which basically made most of our profit. Otherwise a really quite week as SBP was often offline. Luckily we had trials with ArbitragePro and SportsPunter to keep us trading wink.gif

I started to regrett narrowing our bookmakers down to only 6, because it become quickly apparent that we weren't getting enough arbs coming through with such a narrow number of options.

Shane