Bitcoin Forum

Economy => Services => Topic started by: DarkStar_ on October 03, 2016, 11:58:56 PM



Title: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: DarkStar_ on October 03, 2016, 11:58:56 PM
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.


*Risks exist, like the sportsbook running away with funds. However, the risk of this is so small that I feel justified enough to use "risk free".


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Hatuferu on October 05, 2016, 12:50:21 AM
I am interested, please shoot me a PM on how to do this. I have been looking for this kind of business a long time ago and now the opportunity is here, so I guess it's worth a try.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Angell on October 05, 2016, 01:04:34 AM
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, a-sking 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.

You can also send me a PM. I'm interested how excatly this is gonna work. Thanks!


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Starlightbreaker on October 05, 2016, 09:10:32 AM
I am interest too about this. Can you send me also a PM with details about it?

thank you in advance.                                                                                                                                                                                                                                 


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: akamit on October 05, 2016, 02:40:16 PM
I am also interested but the bankroll needed is too high. I can't afford.
But if you ever decrease it to BTC0.05 then let me know.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: StarofBTC on October 05, 2016, 06:41:31 PM
I am interested on this. I have learned about arbitrage betting but never tried it. How often I will be getting your call on betting. I am ready to go with 0.5 bitcoins, if you allow me, I prefer to start with 0.2 bitcoins. Please send me a PM with your skype.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Kevin77 on October 05, 2016, 06:54:48 PM
Arbitrage betting strategy will never get us any losses by any chance ? I am asking this, because OP did not mention anything about, on the event of losses. If a prediction goes wrong there will not be any sharing, right?


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: DarkStar_ on October 05, 2016, 08:53:11 PM
Arbitrage betting strategy will never get us any losses by any chance ? I am asking this, because OP did not mention anything about, on the event of losses. If a prediction goes wrong there will not be any sharing, right?
I don't predict events, simply tell you how you make guarantee a profit. If a prediction loses, your other bet will cover the loss and still make profit. If you somehow make a negative profit (at least one bet will always lose, but the other will cover it), I won't expect you to pay (not that I know how that could happen). Sports tips by themselves is too much for 50% profit split. If a prediction goes wrong, you still have to pay as I give 2/3 bets in the same market and you expect 1/2 to lose.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Zenzolina on October 05, 2016, 09:03:21 PM
Arbitrage betting or in other words sure bets are bets with guaranteed win no matter what is the outcome.

I ve been doing this for several years. I use this tracker, it helps much to find them. Sometimes profit goes even up to 10%.

http://www.oddsportal.com/sure-bets/

I currently dont have bankroll to do this with you since recently i had bigger failed investment but if anyone is interested we could also take advantage of sportsbooks affiliate program and earn some % more so if you are interested in any help or advice, let me know couse i need some passive income right now.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: AutumnAcacia on October 05, 2016, 09:07:46 PM
Mind shooting me a PM? I would like to join you on this. I use to do this for e-sports betting where I know the team has no way of losing on nitrogensports.eu


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Rubberduckie on October 05, 2016, 09:21:19 PM
how many sportsbooks will we need to carry a balance in to make this work?

I know a buddy who used to do this in the past but it was with fiat and he would have
10-15 active books all with high balances so he when he noticed a bet he could play both
sides.

Would we need to have many books or would we just deposit with that book and place the
bet then cash out? Sorry for the long question just trying to determine if it's worth the time

cheers and good luck it  :)


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Zenzolina on October 05, 2016, 09:26:46 PM
how many sportsbooks will we need to carry a balance in to make this work?

I know a buddy who used to do this in the past but it was with fiat and he would have
10-15 active books all with high balances so he when he noticed a bet he could play both
sides.

Would we need to have many books or would we just deposit with that book and place the
bet then cash out? Sorry for the long question just trying to determine if it's worth the time

cheers and good luck it  :)

Well if you do this yourself you need minimum 2 bookies. If you do it in a pair than each side make a bet in 1 bookie.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: DarkStar_ on October 05, 2016, 09:31:17 PM
how many sportsbooks will we need to carry a balance in to make this work?

I know a buddy who used to do this in the past but it was with fiat and he would have
10-15 active books all with high balances so he when he noticed a bet he could play both
sides.

Would we need to have many books or would we just deposit with that book and place the
bet then cash out? Sorry for the long question just trying to determine if it's worth the time

cheers and good luck it  :)
I find an arb, deposit, bet, and withdraw after. I never keep any balance on a book unless I know I will need it for an arb later, and don't want the hassle. So the answer is 0.

Mind shooting me a PM? I would like to join you on this. I use to do this for e-sports betting where I know the team has no way of losing on nitrogensports.eu
Arbitrage betting and fixed betting aren't the same. PM sent.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Wendigo on October 05, 2016, 09:38:21 PM
I think you need to keep loaded with money accounts on the most popular Bitcoin sportsbooks because opportunities for arbitrage betting don't last long and you need to act momentarily in order to jump on the good odds before they change and the opportunity to make a good % of profit is gone.
By the way at what time do you usually play your arbitrage bets like in the afternoon or in the evening because people might be outside during that time and I don't think that we could place such bets while on the move with a cellphone.
This method of cashing out deposit bonuses on fiat sportsbooks was very popular in the past. People would deposit money to new sportsbooks then cycle through the deposit bonus playing winning bets on one book and losing the corresponding opposite bets on the other then withdraw the bonus money and go to the next one. Rinse and repeat for easy cash without any risks involved.


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: Starlightbreaker on October 05, 2016, 11:29:48 PM
I am still waiting for a PM to understand how this works and what is your exact proposition...

regards                                                                                                                                                                                                                                                     


Title: Re: Looking for people interested in arbitrage betting | Make risk free money!
Post by: cjrosero on October 06, 2016, 01:14:23 AM
im also interested please send a message to im willing to do this arbitrage betting you got me there "RISK free MONEY"
Send me message when see this. Thanks


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: DarkStar_ on October 09, 2016, 05:04:36 PM
Bump. 4.5% profit one currently.


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: Mrmoney2 on October 09, 2016, 06:53:11 PM
I'm interested please pm me with details.
Thanks!


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: GHCoins45 on October 09, 2016, 08:17:01 PM
Shout me a PM


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: icet208 on October 10, 2016, 12:29:28 PM
Hello
I might be interested in 'partnership' with you
Can you PM me your skype?
cheers


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: JackpotRacer on October 10, 2016, 01:03:02 PM
following


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: dannythehat on October 10, 2016, 02:49:31 PM
I have been "arbing" for many years. What makes this interesting is the fact you can find them via bitcoin (there stay under the radar) interested to see how you would like to implement this.

Danny


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: tenk on October 11, 2016, 05:15:11 AM
Hello, I am interested in your offer. Please send me a PM thanks!


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: mpgh1 on October 11, 2016, 09:28:05 AM
i'm interested let me know via pm more


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: dreamer81 on October 11, 2016, 10:17:48 AM
makes no sense. How can it be risk free? please explain!


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: davide30 on October 11, 2016, 10:34:46 AM
interested.. PM me


Title: Re: Looking for people interested in arbitrage betting | Make risk free* money!
Post by: Zenzolina on October 11, 2016, 07:47:48 PM
makes no sense. How can it be risk free? please explain!

Arbitrage betting is the only way to make constant profits from sports betting. You don't even need to have interest in sports or betting to take advantage of an arbitrage bet and make extra money online. Arbitrage is a trading technique that uses the difference in the price (odds) to make instant profit.