Not sure if this is arbing?

Hi all, I’m new to the forum and arbing.
Have read a number of posts with great interest and I feel the sense of community and a common loathing of bookmakers!

I have been making good profits betting for the last 5 years but its getting harder and harder having exhausted the friends and family route of betting.
So I am looking for input from the community to see if an idea I have will fly!

Not sure if you would call this an arbing opportunity as outcome 1 wins and outcome 2 breaks even?
But its definitely a free bet to nothing.

My offer is simple, I bet early prices predominantly b365.

Day before bet
I know in advance of prices being on website if there are any bets at a particular meeting so advise interested partners to be ready to bet at specified odds and time the next day.

Day of bet
I advise actual selection and odds required. At the same time of partner placing bet on sportsbook I make available a bet on exchange to a similar stake so that partner can close their sportsbook bet.

Here are the sportsbook odds and exchange odds I am happy to take based on a £100 stake although happy to accept higher/lower stakes.

Decimal Sportsbook Odds Decimal Exchange Odds Profit to £100 stake inc 4% exchange commission if selection wins
6.0 5.5 £47.60
5.5 5.0 £47.60
5.0 4.5 £47.60
4.5 4.0 £47.60
4.0 3.5 £47.60
3.5 3.0 £47.60
3.0 2.5 £47.60

I am prepared to take a lower price than shown on sportsbook via the exchange because I deem this to be better than the likely first show price from the track.

Hopefully, this is of interest to the community and I look forward to any comments

Many Thanks
 
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