Great US Presedential scalp!

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Republicans/Bush can be laid at 1.72 ($3077) on Betfair and backed at 1.82 ($6083) on Tradebetx with plenty of liquidity on both markets.

Great arb for anybody who appreciates some free money
 

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At 5% commission the lay is 1.758 and the bet is 1.795, with the 8 cents in contract fees.

Still a scalp but an illustration that the fees have to be considered. Betfair's fees are usurious unless you are a high roller playing enough to get them cut down to 2%.
 

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if you play a couple hours of poker with Betfair each day you can get your comission rates reduced really quickly.
 

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