Bitcoin Forum

Economy => Gambling => Topic started by: cryptogabe on June 01, 2017, 01:07:15 PM



Title: Great New Pool of Arbing Possibilities.
Post by: cryptogabe on June 01, 2017, 01:07:15 PM
Check This out...

It's mutual Betting, meens that every bettor puts his wager into a pot and After the match outcome, winners split the pot proportionally to their contribution. So the bad thing is that at the moment not many people are using this but we got for example 0.1 Bitcoin which equals 220 US-Dollar on the champions League Outcome with Odds of 2.7 for Juventus Turin which is a very good Arb or french open game tsonga - olivio 0.15 Bitcoin Odds are 2.4 for Renzo Olivio. Check The bookies thats layable everywhere. Seems there will be more to come. Check this Out...
I know this service now for a week made 8 Bets and layed them at smarkets. Made a very good profit and everything was running secure. Made my first withdrawal yesterday... a question of minutes thx to the Bitcoin-System... And the Best thing is that you can bet from your bitcoin wallet and the winnings (if you bet on the right Outcome) come directly back to your wallet...
This could become A very nice Tool for Arbers.

https://www.onehash.com/?ap=44e016a179234155bc6ee2



Title: Re: Great New Pool of Arbing Possibilities.
Post by: ralle14 on June 01, 2017, 02:00:06 PM
Imo it's much riskier to do an arb with mutual betting because after you place your bet the odds could still shift very heavily to one side depending on how big your bet. Not only that after you win with low odds they'll take a 2% fee which is not good if you plan on betting daily.


Title: Re: Great New Pool of Arbing Possibilities.
Post by: cryptogabe on June 01, 2017, 02:27:14 PM
You're right concerning the risk. But because of there are no odds given there are some fantasy odds you don't get anywhere else. In Case of the champions LEague outcome there is a bank of 0.18 btc now and the odds for Juventus to win are 2.4 ... so you can bet 0.025 BTC without really affecting the odds and everywhere else it's around 2.0...
And The Fact you can bet from your private wallet is nice because you got the winnings directly back in your private wallet no withdrawal waiting - no verification...