UFC on Versus 5

[flyinggogoplata]

What exactly is the "soft side"?

the off market price

[Luke]

Well for one you have to make two bets. You also have to carefully watch the lines and try to catch it at just the right spot before it possibly reverses course.

I'm just saying that to me arbing mostly only seems worth it when you can drop monster bets down, like 10u or more. Otherwise, I'd just let my bet ride and try to win some real money.

Bear in mind that this perspective might have something to do with the fact that my unit is only $20, so most arb opportunities might net me $3 or something like that.

My unit is 100 dollars and since the line is already +130 on the other side I'm guaranteed .2 or .3 units no matter who wins .To me .2 to .3 of guaranteed profit is worth it . This is the first time I've done this in a while and don't plan on doing to often because I'm never "sure" which way the line will move,this was one of those rare instances I was pretty sure the line was going to shift the other way

[Luke]

Luke I didnt cap this fight because you told me cerrone will win. Now that you bet Oliveira has gotten me nervous.

Lol I actually like Cerrone, the only reason I bet Oliveria is because I knew the line would shit and guarantee a profit . I'll take the .2 to .3 units of free money and now forget about the fight .

[flyinggogoplata]

I think money will come in on cerrone slightly might be able to get Oliveira at -150.

[SPX]

the off market price

What the fuck are you talking about?

[SPX]

My unit is 100 dollars and since the line is already +130 on the other side I'm guaranteed .2 or .3 units no matter who wins .To me .2 to .3 of guaranteed profit is worth it . This is the first time I've done this in a while and don't plan on doing to often because I'm never "sure" which way the line will move,this was one of those rare instances I was pretty sure the line was going to shift the other way

Rock on.

[Luke]

What the fuck are you talking about?

He means bad lines . Meaning if the actal line of the fight should be -150 after everyone has hit it and you hit +120,+120 is the soft side or bad line.

[poopoo333]

What the fuck are you talking about?

The line that isn't on the market anymore...Basically a good opening line. I think.

[flyinggogoplata]

He means bad lines . Meaning if the actal line of the fight should be -150 after everyone has hit it and you hit +120,+120 is the soft side or bad line.

I wouldn't use the word bad line though. Then the bookie can freeroll you. if it's -500 everywhere and they mis type +500 thats a bad line. Being 20 to 30 cents off to me is just a soft line probably at a slow moving rec book.

[Luke]

Rock on.

I don't plan on doing this much at all,in fact the last time I arbed out on a fight was Faber-Assuncao and that was 18 months ago...just got lucky this time.

[flyinggogoplata]

What the fuck are you talking about?

can't tell if you're trolling me or not.

[Luke]

I wouldn't use the word bad line though. Then the bookie can freeroll you. if it's -500 everywhere and they mis type +500 thats a bad line. Being 20 to 30 cents off to me is just a soft line probably at a slow moving rec book.

I was just trying to make it easier to understand

[SPX]

He means bad lines . Meaning if the actal line of the fight should be -150 after everyone has hit it and you hit +120,+120 is the soft side or bad line.

I wouldn't use the word bad line though. Then the bookie can freeroll you. if it's -500 everywhere and they mis type +500 thats a bad line. Being 20 to 30 cents off to me is just a soft line probably at a slow moving rec book.

Okay, thanks.

[Luke]

can't tell if you're trolling me or not.

He's not trolling,he's never bet anything but MMA.

[SPX]

I don't plan on doing this much at all,in fact the last time I arbed out on a fight was Faber-Assuncao and that was 18 months ago...just got lucky this time.

Word.

I've had a couple of opportunities when there was an arb on the board but I would have had to bet a huge amount to really make any money. And .2 to .3 units just isn't enough for me to bother. I'd rather let a straight bet ride and hope to make a full unit.