there are several problems/facts to be known regarding surebets:
- you need to have several accounts on bookmakers with money deposited there (it means huge amounts of money at least 10+ accounts). What if there is a problem with one bookmakers? ...
- bookmakers could decide to not pay if they suspects you are doing surebets.
- you need to act very quickly because odds change fast. it means you need to receive such info very quickly and be able to place a bet during the whole day.
- low earning (already pointed out but it should be clear!)
if people feel comfortable by doing this... please continue to bet
I am doing 17 years full time arbitarge and i dont agree with your post.
1. Why u need 10 accounts? I have 1 softbook bookmaker where i placing bets and have 1 pinnacle account and 1 orbit account where i cover bets. Also u dont need huge amounts because huge deposit is a reg flag for bookmaker. Its better to deposit 10 x 500 eur and lose that 500 eur 10 times like deposit 5000 eur at once. Once they stop acceptin bet or limit stakes move on other softbook bookmaker.
2. Bookmaker have no chance to give you proof that you are doing arbitrage, they just can void your bet, if you bet on price with obvious mistake. For example if you bet odds 15 instead of 1.5 the will void this. thats a reason why u need to avoid arbitrage higher then 5% . Also they will limit you when you frequently place EV+ bets (search for it)
3. What is very quickly ? betburger show me arb so i login to both bookmakers, calculate stakes , place bets . thats it. With practice you will be faster than other guys ... who are very slow and unsure about what they are doing. you need to be confident.
4. 3-5 k eur monthly is not good? ok no problem lets find other job. But in eastern countries this is awesome salary.
Have other questions? Ask i will reply you
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