It’s all arbitrage

All business is arbitrage!

British Gas extracts gas from the ground at a cost in the equipment it takes to extract and I guess some licences that allow them to extract.

And they sell the gas on, for more than it cost to get it.

Your local fish and chip shop buys fish and potatoes in bulk.

Divides them up into smaller portions, cook them and sell for more than they bought them for.

If you are thinking about a new business, think about how you can arbitrage one thing from a cheap supply to a more expensive sale.

For example my niece buys designer clothes from Vinted and then sells them on eBay for double what she paid!

If you can arbitrage with minimum preparation then thats better and if you can buy something and instantly sell it online for more then you probably have a hands free business.

The above is a note I wrote a while ago and read again this morning.

Although it was written about business I feel it relates to betting also.

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If you have a system that finds value bets, that is just arbitrage, you're 'buying' bets at a cheaper price than their true value.

If you are studying form and searching out value bets you are again making bets at a better price than they should be.

And if you use Kieran's Value Machine you are buying bets cheaper than they should be IE you're getting a bigger price than the true odds.

We're all just arbers and the bookies hate arbers!

I will stop talking about The Value Machine, but a wise old man once told me that if you know something works, if people would just use it, that it is your duty to convince them and help them make it work.

A new issue of the mag is out tomorrow, so in the morning I'll talk about that instead. 😉

All the best

Darren Power

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