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25 + 3. 34\%} , which is the amount the bookmaker earns on offering bets at some event. b 2 = B / ( 1 + ( o 2 / o 1 ) + ( o 2 / o 3 ) ) b_{2}=B/(1+(o_{2}/o_{1})+(o_{2}/o_{3})) While making deposits is usually made easy and quick, making withdrawals often requires proof of identity in the form of passport/driver license, copies of which need to be shared with the bookmakers via fax/email or even postal mail, which causes additional identity theft risks. Making errors as an arber: In the excitement of the action and due to the high number of bets placed, it is not uncommon to make a mistake (like traders on financial markets). For example, one could actually make more money by placing the "wrong" bet where the outcome happens to be beneficial, though not justified by the arbitrage calculation. However, repetition of this stroke of luck is unlikely, assuming the bookmaker has calculated the odds so they make a profit. in the past Withdrawals used to be often limited to a certain amount per month or to a certain number of free withdrawals per month faux saint laurent bag