Bitcoin Forum

Some of you might have seen my thread in the gambling section - I arbitrage bet. Due to sportsbook limits, I can only place so much BTC on each event, and my personal risk tolerance on bets is 1 BTC for each arb I find. I still want to make profit off of these, so I'm looking for others willing to arbitrage bet, with a deal similar to this:

I give you the bets on skype or through BCT, asking if your online first so I know if you've made the bet. Once you bet, after the event settles, you split the profit with me 50/50 (If you make 20 mBTC from that bet, you give me 10 mBTC) or possibly less if you are willing/can place 2+ BTC on an arbitrage opportunity. Looking for people with at least 0.5BTC bankroll - most bets are along the 1% profit range, and anything less wouldn't be very good. If you have slightly less, we can talk. Interested? Send me a PM with your bankroll that your willing to place on a bet, with your skype or if you prefer getting them through PM.

Currently have a nice 2% one.

September brings a lot more soccer games, so I'm going to be doing a bunch of arbitrage betting. I've decided to share them, since more people making profit is always nice (tips are welcome), and there isn't a point in saving them. Most will probably have smaller ROI% (expect around 1%), but it is essentially risk free (only risk is the sportsbook running with funds).

1st Arb:
Italy Serie A - Juventus vs Sassuolo
Market: Juventus to win to nil
Profit: ~1.1% ROI

YES on coinbet24.com (https://www.coinbet24.com/en/odds/football/italy/serie-a/juventus-vs-sassuolo) @2.15
https://i.imgur.com/heZVBFv.png
NO on cloudbet.com (https://www.cloudbet.com/en/sports/event/240695) @1.91
https://i.imgur.com/eJNCpc0.png


https://i.imgur.com/Bii41fu.png

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Tips are welcome! BTC Address: 1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
Want to support me but don't want to tip? Send me a PM for my ref links.

What if juventus doesn't win at all, is this still considered a win, the bet to win to nil no ?

How brilliant , but what is the bet we need to place in bitcoins , is that 540 and 447 mBTC you are suggesting to make a sure profit of 0.011 BTC or 11.1 mBTC ? I am watching this thread and keeping an eye on it.

wow , I have heard about arbitrage but this is the first time I see a real example of it
do you know if bitcoin bookies are good with that ?? cause I have read that some fiat bookies have the rights to ban the customers who use that but not sure if it's true and how they can find out

That's really nice of you to offer such bets. I can't wait for the next arbitrage, as I already said, let us know all the possible betting sites with bitcoin you are planning to give us these arbitrages so I can be sure to follow you.

2nd Arb:
Nice arb found today, with a 3.5% ROI. Be aware of limits for this one however, and place bets on coinbet24 first.

ITP Budapest [W]
Match: D. Galfi vs Irina Khromacheva

Take D. Galfi to win at Coinbet24.com (https://www.coinbet24.com/en/odds/tennis/international/itf-budapest-female) @3.5
https://i.imgur.com/qzd38r9.png

and take Irina Khromacheva to win at Cloudbet.com (https://www.cloudbet.com/en/sports/competition/3758:7177) @1.47
https://i.imgur.com/Et2Dbx3.png

Arb bet amount (per 1000 mBTC);
https://i.imgur.com/A7UFRnB.png

I have a sure win of 22 mBTC on this one, because of coinbet24.com limits. :/ Starts in around 6 hours, from the time of this post.

Definitely a nice thread. I used to arbitrage at times in the past too. But things used to get complicated and difficult to find. What arbitrage calculator are you using ?

OP, how do you find the arb chance? You have a special software to find instant arb chance?

OP, how do you find the arb chance? You have a special software to find instant arb chance?

I use bet brain.com but there are not btc sites :( available ...  I think you can check two or more site by your self in btc, but the only risk is the difference in time between two bets... if the odds change and you can't adjust your stake :( you don't make any profit

if you post here bookmaker could "stop" and odds ;) and close a bet (also) or simply change it.
probably due the change is not simple , but if you can also use "fiat" bookmaker I think you can find great bet (e.g. bet fair.com has the best odds on the market..)

It is kinda great and unique to see someone to share this kind of knowledge. Not many people want to share their basic knowledge on this because it makes it harder for them to keep track of it themselves and the risk of the odds getting lowered. Could you share what kind of apps are you using for that odds comparison table

Nah, I do it manually  :D Doesn't take a very long time to find one.

I use winnergambling's arbitrage calculator if that is what your asking. For odds comparing, I do it manually. There are odds comparison sites available though (BitEdge.co, which already detects arbs and sends out alerts, and SpotOdds, which doesn't cover many bookies). I don't see odds changing in the 15 seconds between I make a bet a problem.


They can, but it wouldn't affect my already made bet. I bet on these before I share them, so I don't have a large risk of someone else coming in before me.

I don't care if the the odds are lowered, as my pre made bet stands. Odds lowering means others won't be able to use the arb. Doesn't make it hard to keep track of.

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Probably won't have another arb till tomorrow.

This is indeed wonderful however I was late today to check this thread and lost the opportunity for 3.5% guaranteed ROI. I would be happy even with 1% daily as long as its an arbitrage bet which gives us sure win. The only worry I have is that Darkstar is using cloudbet and in the past and even now there are always ongoing scam accusations for them. Will try to follow.

wow just found this thread,this an amazing thing!!!sure profit always,big bankroll needed but this is 100% win :)
intrested to know about your future bets :)

Good minimum 25% ROI arb coming later today.

Damn this is what I call as insane aritrage betting, I have been looking for such thread in many other forums as well for onths and most of them are bulls. Any ETA on when will you release the information of this bet? Im pretty sure that the odds for this game will be dropping like crazy when you release it

Involves a promotion a site is running, so even if the odds drop, the lowest I expect it to get to is 20% ROI. Coming in an hour or so, but it isn't a "normal" arbitrage.

Arb #3: WTA/ATP US Open Finals - 24% to 50% ROI
Sportsbet.io is offering a promotion on the US Open finals, where if you make a 2 leg multibet on who will win the WTA/ATP matches, you will get your moneyback if you lose. Moneyback promos = arbitrage opportunity. I had it all calculated out yesterday, but I thought of a better plan to reduce variance even more so I decided to sleep and do it tomorrow (today). Here is how you should do it:

On Sportsbet.io, make a multibet (parlay) that looks like this with 100 mBTC:
https://i.imgur.com/n17KIOT.png

Next, go to your favorite sportsbook (fairlay for best odds) and place a 59 mBTC bet on Karolina Pliskova to win. If your fairlay bet wins, you get 93.6 mBTC of profit (58% ROI!). If it doesn't win, place a 315 mBTC bet on Novak Djokovic to win. If either bet wins, you will end up with 117 mBTC profit (24% ROI)

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Don't have enough funds to make these bets but have a decent account/collateral? Come get a loan from me here (http://bit.ly/DSLoans).

is there a link for this promotion dark ? cause I couldn't find anything about this promo
also I still don't fully understand this bet , what if the odds dropped dramtically for the second match in the next day ? you still think it would be possible to net a profit ?

Seems to be gone now from their website. Not sure why, but I assume existing bets will be refunded. If they drop dramatically (i.e. Someone gets an injury), they shouldn't drop too much and it would still give a profit, unless it dropped to like @1.05. Not worried about it no longer becoming an arb, and if it does happen, I'll probably just leave my sportsbet.io bet as it is or take a negative profit if the injured person wins.

Wow, you made good profit on these arbitrage but do you bet very large amount of these sportsbook? I heard that people have difficulty in withdrawing  funds from Cloudbet. You need to be careful when betting on Cloudbet as there are many complaints on the bitcointalk thread.

The odds has been dropping now at 1.35 for djokovic to win and if you follow the pattern since yesterday then you are still getting profit of 50 - 60 mbtc whichever bets win. Not much but still it is free money, that assuming sportsbet.io stands for the previous offer of cashback for this game, the banner has been taken down though

So, if I am understanding this correctly... you are betting on one result on one site... and taking the opposite result on another... where the odds and payouts are such that whatever the outcome, you make money?

Sounds like a great plan if you can make it work ;)

Some of you might have seen my thread in the gambling section - I arbitrage bet. Due to sportsbook limits, I can only place so much BTC on each event, and my personal risk tolerance on bets is 1 BTC for each arb I find. I still want to make profit off of these, so I'm looking for others willing to arbitrage bet, with a deal similar to this:

I give you the bets on skype or through BCT, asking if your online first so I know if you've made the bet. Once you bet, after the event settles, you split the profit with me 50/50 (If you make 20 mBTC from that bet, you give me 10 mBTC) or possibly less if you are willing/can place 2+ BTC on an arbitrage opportunity. Looking for people with at least 0.5BTC bankroll - most bets are along the 1% profit range, and anything less wouldn't be very good. If you have slightly less, we can talk. Interested? Send me a PM with your bankroll that your willing to place on a bet, with your skype or if you prefer getting them through PM.

Currently have a nice 2% one.

Cross posting. (Kind of a service because I give you the arbs, but not OT in this thread either)

Well there is some chances that a person wont be online when you find the arb. If there is a limitation on the sportsbook, why dont you really make few accounts to bet with it? Arb guarantees you profit if you do it right so you could be putting more btc with few accounts on a sportsbook site, better than partnering

Coinbet24 is where most of the limits are (cloudbet and fairlay usually allow at least 2 BTC placed), but they have a term where you aren't allowed to have multiple accounts, and I wouldn't want to risk getting my account closed. Also, I only have so much BTC, and it might be all tied up in my own arbs so a partnership is better for me and for those interested, as they make money too (SyGambler PMed me and I gave him a 4.7% ROI arb - ~0.015BTC profit for both of us). I know a person might not be online - thats why I ask before giving the arb, so they won't owe anything if they aren't online.

Making multiple accounts is frowned upon by most books that aren't exchanges, and I risk getting lower limits if they realize what I'm doing, or my account closed.

if i get it right in order to earn from your arb .5 btc is the minimum is that right? i adore you for sharing this mate i know its really profitable way to make sure and enjoy the winnings but is there any possible ways to work with you without that much btc if for example i can only produce .05 btc is that still worthy im just thinking because if you permit me im willing to join just let me know pm me for some additional details. good luck

Are you still going to be sharing some bets for free, or do I have to partner with you to get them?

Roughly 0.5BTC. If you have 0.3BTC and really want to partner, I might be willing to do it. 0.05BTC is really low and pretty pointless. A 2% arb gives 1 mBTC - 0.5 mBTC for me, which is really low and you will profit around 0.3 mBTC after transaction fees.