Bitcoin Forum

The game from the screenshot doesn't exist anymore on the mbitcasino sportsbook.
Anyways, if you're willing to offer a trial week to me as a reputable member of the community, I'll take it and write a review about it once it expires!

Hello,

Game is still available!

Won't give a trial week. But I can give you a free 1-day trial.

Let me know if you'd like that, and I'll invite you to the slack channel.

Best regards,

SatoshiSignals

Sure, just hit me up
I'm already at your discord but you don't seem to be active.

EDIT: Received a response

Responded.

Gotta say I've placed a wrong bet, one on the reserve league and one on the premier league withuot noticing it, since they were the same clubs
CryptoBettingSignals asked me to to send him the matches I played to verify everything is okay, and noticed the games were not in same league
Although it was my error, we placed counter bets in order to prevent large losses and he promised to cover the BTC loss that will result in the odd differences
Will update later :)

How much you will be making with that arbitrage opportunity? Is it like more than 5% like OP have claimed above?

If we can make more than 5% than I am also interested to try your service.

iluvbitcoins, please also share your betslip or screenshot here when you will make some profit.

It will be better mate first if you will post here what gambling sites you will use for, so that we can see if that sportsbook site can be trusted or we can access it in our jurisdiction. I am also a arbitrage bettor but I would like to avail this service as well if it will be possible.

I'd like to get a trial week as well so I can evaluate your service. Please pm me if you would give me the opportunity to evaluate it.
Will your service also prove for an automatic computation of how much I should bet on each game, given a target profit?

SportsBet,CloudBet,Mbit and Nitrogen.

iam first hear about arbitrage sport betting
can explain me , how to play arbitrage sport betting

Assume a two-way game with no draw for simplicity's sake.

-  Cloudbet: Team A @ 3
- NitrogenSports: Team B @ 3

Let's imagine you had $100 to invest.

Consider these two possible outcomes if you placed $50 on each event.

Outcome 1: $50*3 = $150

Outcome 2: $50*3 = $150

Either way you're making a risk free profit.

Let me know if you have questions.

Best regards

I have been interested in sports arbitrage too and to be able to do same with Bitcoin would be some treat! I think you should consider extending the 1 day trail to a few more member, we have to be sure it is what was promised. A concern I have is that sportbooks are not at home with arbitrage betting and given that we're all here in this community, do you think the mentioned books would caresless about there odds from this moment on?

Hello,

Thinking about extending a 1 day trial - will let you know!

The sportsbooks we're using do not block/ban/scam users. Even if they do not like it, you will not lose your money - so it's safe.
Sites like bitedge have been showing arbs on their books for years - they are well aware of the presence of arbitrage bettors on their sites.

Best regards,

SatoshiSignals

Hello,

Good to see you back! Arbitrage is my favorite form of betting :D

Hovewer, you need to do at least 3 or 7 days trial. People need to see the service in action before become paying customers. I need to see it in action. As I don't like your previous fiasco with bookmakers like powerbet.io

From list of bookies cloudbet are still changing the odds very often on press bet button.

Okay thanks, I cant take it mate, I dont trust the two of the sportsbook you just mentioned, way too many issues.

I am considering arbitrage trading but I don't have that much capital yet to try it so maybe I might try it in arbitrage sports betting. I have the tendency of chasing my losses when I do other gambling like dice so as much as possible, I am finding ways to gamble with lesser risk and this arbitrage in sports betting is enticing. I will wait for the result of trial period and will be watching this thread.

I see you are making an example through Cloudbet. I must say that I had my withdrawal pending there for a lot of time and only after contacting support several times they release my withdrawal. This doesn't happen with other more respected sport books.

I think you need to add only trusted sport books like Nitrogen to your arbitrage betting.

I'm not xD
Already told you, I've placed the wrong leagues
Same clubs, same date, different league
Didn't notice it

I placed a bet on the Rssian Premier League and countered it on the Russian Reserve League without noticing it
It was the same names, the same date, the same date, everything xD

Gotta confirm there are matches that yield over 5% arbitrage.

PM me for a free trial.

There are still open spots for a free trial!

i sent you pm

Of course sports arbitrage is nothing new but I know conventional books often become keen on their odds they offer as some way to eliminate arbitrage opportunities and given that you're looking at relatively few books, I think it's best to downplay their publicity, else the profitable making opportunities might become quite illusive.

Btw, have sent you a pm!

Also sent pm if its still available

I am reading first time about this Arbitrage Betting and have no idea but after reading this all understand this is good way but still no vouch from any member about this service just @iluvbitcoins try but due to some mistake fail to take advantage waiting for some other member if they have good profit then I can also give a try

Reply sent!

Awaiting your email so that I can invite you for your free trial.

Best regards,

SatoshiSignals

I also sent pm you, maybe it would be polite to say its full instead of of completely ignoring right?  :)

Hello,

Sorry but we're looking for more "senior" members.

Best regards

iam arbing for 5years, and have over 100 000bets and you didnt reply to my message, i dont belive that you will find anybody more senior :D

I really like arbitrage betting and I've found some opportunities myself from time to time, although I wasn't really looking for it at that time. I was just comparing odds and the opportunity was there for me to grab it. I'm always a little afraid of these things because, some bookies don't like it, and I think there is also the problem when you just placed the bet and the other bookie changed his odd and the arbitrage is gone, leaving you with a loss.
I will wait for a few reports from those testing the trials to see how things went for them, but this looks like an interesting service if it works well.

I have covered ilovebitcoin's loss.

Don't worry about the mistake! Happens to all of us at the beginning.

Gotta confirm, CryptoBettingSignals has sent me 51 mbtc!
He absolutely didn't have to do this, since it was my mistake
It was an honest mistake  :D
A noble deed from them!
I have left them positive feedback :)

can i take the vouched mate? as i love looking around and taking advantage maybe you can help me to grow my btc? i'm willing to provide
good and honest review if i get some from you thanks in advance.

Seeing as how I regularly dump $50-60 a week on losses, I'm almost curious now to try out your service, but a couple of questions to help me make my decision:

1. You provide a guaranteed daily signal of at least 1% arbitrage gains, what's the average %? I ask because I'm calculating the cost of your monthly subscription (a weekly one at 1% a day would need a huge bankroll to recoup the fee) at around 0.018 BTC currently.
2. Am I right to assume that just to cover the fee a bankroll totalling 0.24 BTC spread out across the four sites you mention be enough? So, that's 0.06 per site. Assuming we can max the bets at each signal, we can look at around 0.0006 BTC profit per signal, x 30 is only 0.018 = monthly fee.

Other concerns:
Costs of redistributing the capital across sites after each bet not taken into account.
Timing of signals. If I login only once a day, will I be in time to get these signals? How long before a match do you normally get a signal?

If these assumptions are correct, I would need about 0.12 at each of the four sites to see a nett return of 0.018 BTC a month, minus the fee. A bit on the high side to test something out but let's wait for you to confirm my numbers!

Doing arbitrage betting is not new and has been in the gambling industry for ages. I tried doing it but my materials/tools are not enough to do this thus my effort was not rewarded and I just lost few pennies because of it. If you are generous enough to give me a trial period for your product, I would gladly accept it and will provide honest feedback once I have the results. I'm not large bettor but I bet enough to satisfy my gambling needs. If that is okay with you, that would be great.  ;D

Its very good news that he covers you all lost even this was not his fault now I am also seriously looking for this service if you can provide me more details about this I can become member for this or if you can give me free trial then its much appreciated waiting for your reply about this

I agree there is no need for him to do this since it was your mistake. I am getting really interested in this arbitrage betting signals. I have yet to know how much should be the minimum bet needed so that there would be some profit after the fees both on the sites and on OPs side as well. I do hope it would not be that big because it may take some time for me to join in this arbitrage betting.

How can we take the trial? How many signals you have per day and what bankroll do we need for arbitraging? Do you have some public statistic to see how are you doing?

I don't think it is that profitable, if it was I don't think anyone would share it even for a fee.
Potentially these kinds of things would profit exponentially and that is why it could make you rich.
However, in arbitrage bets there are pitfalls,

1. A lot of sports books do not allow arbitrage bets. If spotted, they ban your account and say good by to your deposit as well.
2. It's really easy to spot arbitrage bets, since these bets are like 0.0321421523btc or 0.123528321. In reality, no one will place those kind of bets.
3. Limits, yeah those limits will likely be hit if you want to profit big time.

I don't think arbitrage is feasible unless those pitfalls are removed.

that's the truth behind arbitrage betting when the house detected your activity that particular bet will be cancelled and your account will be
suspend but wise players are not so greedy so they can at least get some earnings from this type of win win chances.

To anyone claiming this isn't profitable. You are wrong.

If you know what you are doing you will profit. End of discussion.

There are plenty of people arbing on crypto sportsbooks every day. If you were correct, this wouldn't be the case.

The last time you closed for business you had problems with the bookies cancelling suspicious bets and users getting banned afterwards so I would like to ask if you have found a work around for these issues or is it still the same for everyone?

Hello,

Last time the problem was with Powerbet only.

Yes, we have found a work around.

The work is that we now only use trusted books: Sportsbet, Cloudbet, Mbit and Nitro.

There have been zero problems since.

We have upgraded our servers. So satoshisignals is back and even more powerful.  Crazy amount of arbs everyday!

The last post here was about two weeks ago, so what is the status of this program, is it still on and has it been working for some people or has op abandoned it?

Wondering what the status of development is. Super interested in using this service but the site seems down