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Author Topic: SatoshiSignals: We'll be closing the service for now...  (Read 3752 times)
mtwelve
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February 14, 2017, 05:51:47 PM
#61

I took a vouch, so here is my review:

The site works for finding arbitrages. It finds decent profit ones (1%+) quite often, though most of them involve PowerBet.io, which has low limits and the possibility that you will be freerolled.  CryptoBettingSignals posted that there would be at least 40 a day, which is probably true, but the site counts ebettle, betcoin and another UltraPlay book (they all have the exact same odds) as separate arbitrages, so that number might be skewed. If you buy his service, you'll probably be using PowerBet for almost all your arbs. Many of the arbs are also a very low profit, like 0.3% ROI or lower, so you might get only 2 arbs with a 1%+ profit that doesn't use PowerBet. Despite them advertising pre-live arbs only, the service does show live inplay arbs for bookmaker.eu and does dip into some books that require KYC, but accept bitcoin.

I successfully found a 1.8% arb with his service, which unfortunately pushed. It was a Fairlay/Cloudbet arbitrage.

The service is great if you are willing to risk using PowerBet, and not bad if you don't want to risk it. With a large bankroll, you can make back the price of the service, provided you are fairly active and willing to spend time checking the document every so often, and are willing to read the rules of all the bookmakers that you arb on, as SatoshiSignals doesn't precheck them and see which sites have mismatching rules.

Thanks for the informative review. Doesn't seem to be what I'm looking for, considering the amount of work I'd have to put in and bankroll and risk it seems to need.

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February 15, 2017, 01:25:20 PM
#62

Fairlay/Cloudbet 38+% Arbitrage Opportunity!



SatoshiSignals
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February 15, 2017, 01:45:50 PM
#63

Hope this provides support for our claim that this is really profitable.

Every few days there is a 10%+ opportunity, and every day or so there is a 3%-7% opportunity.

And arbs are not congregated on Powerbet.

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February 15, 2017, 02:54:47 PM
#64

Farilay/Cloudbet 38+% Arbitrage Opportunity!



I'd be very careful taking arbitrage opportunities with a profit of 10% or higher. With something this big, it's very likely that Cloudbet made an error, and they state in their rules that they can void your bet and winnings, leaving you with a potentially large loss. It's a pretty obvious error too, so you wouldn't have any defense if it's voided.

Edit: seems like it might have been a live in play arbitrage, which could explain the difference

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February 15, 2017, 03:01:45 PM
#65

Farilay/Cloudbet 38+% Arbitrage Opportunity!



I'd be very careful taking arbitrage opportunities with a profit of 10% or higher. With something this big, it's very likely that Cloudbet made an error, and they state in their rules that they can void your bet and winnings, leaving you with a potentially large loss. It's a pretty obvious error too, so you wouldn't have any defense if it's voided.

I would agree somewhat with the 30% arb. I would only allocate a small percentage of my stake.

Enough that I could lose it and still be profitable with other arbs. But also enough that winning it would be meaningful.

Though in general, I believe your advise is more suitable to the fiat-betting world.

We've been regularly hitting 10%-20% arbs with no problem since August '16.

SatoshiSignals
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February 15, 2017, 03:18:54 PM
#66

This is a really expensive service you are offering and there is really no guarantee that we would be able to place this bets since the odds usually change within minutes. Maybe you should lower the prices as its really steep. Also, I don't see any vouch yet for the service, I am not sure if it is truly worth the money to buy your service.

Edit: found the vouch review, probably skipped it. Reading it now.

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February 15, 2017, 03:26:47 PM
#67

This is a really expensive service you are offering and there is really no guarantee that we would be able to place this bets since the odds usually change within minutes. Maybe you should lower the prices as its really steep. Also, I don't see any vouch yet for the service, I am not sure if it is truly worth the money to buy your service.

Hello,


Odds typically take around 20 minutes to change.

Monthly price is based on the fact that even someone with $200 would make far more than the monthly price costs, if they reinvested their earnings and placed arbs every day (many opportunities available).




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February 15, 2017, 03:34:05 PM
#68

This is a really expensive service you are offering and there is really no guarantee that we would be able to place this bets since the odds usually change within minutes. Maybe you should lower the prices as its really steep. Also, I don't see any vouch yet for the service, I am not sure if it is truly worth the money to buy your service.

Hello,


Odds typically take around 20 minutes to change.

Monthly price is based on the fact that even someone with $200 would make far more than the monthly price costs, if they reinvested their earnings and placed arbs every day (many opportunities available).





From what I read though, your arbitrage opportunities tend to be just below 1% and even down to 0.3% which is small if looking at a per game basis, though if there is really a lot of opportunity it might look promising, however since these bets don't have result immediately after placing bets and we have to wait for the games to finish then that means the funds gets locked into those arbitrage opportunities and not really able to bet on another one. Then another concern is that the service uses sports books that are very sketchy and scammy, which kind of discouraging if a customer don't want to use those sportsbooks.

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February 15, 2017, 03:46:26 PM
#69

This is a really expensive service you are offering and there is really no guarantee that we would be able to place this bets since the odds usually change within minutes. Maybe you should lower the prices as its really steep. Also, I don't see any vouch yet for the service, I am not sure if it is truly worth the money to buy your service.

Hello,


Odds typically take around 20 minutes to change.

Monthly price is based on the fact that even someone with $200 would make far more than the monthly price costs, if they reinvested their earnings and placed arbs every day (many opportunities available).





From what I read though, your arbitrage opportunities tend to be just below 1% and even down to 0.3% which is small if looking at a per game basis, though if there is really a lot of opportunity it might look promising, however since these bets don't have result immediately after placing bets and we have to wait for the games to finish then that means the funds gets locked into those arbitrage opportunities and not really able to bet on another one. Then another concern is that the service uses sports books that are very sketchy and scammy, which kind of discouraging if a customer don't want to use those sportsbooks.

Hi,

The average arbitrage opportunity so far is 3%.

You can literally ignore all the arbs <1% every day, and be confident that you can place a dozen arbs at 2%+ minimum.

Our paying customers have never complained about low arbitrage percentage.

Because our arbs are the highest available on any betting market.



Most of the arbitrage opportunties come from: Fairlay, Cloudbet, Powerbet.


Fairlay is just an exchange that matches bets between bettors.

It is longstanding and well trusted in this community.


Cloudbet is also well established and trusted, you may see a review on this site, ranking Bitcoin sportsbooks:

https://www.bitedge.co/bitcoin-sportsbook-reviews/cloudbet-sportsbook-review/


Powerbet so far does have an aggressive policy towards arbitrage bettors, but has never stolen a deposit.

It is trusted.


And our customers use the site everyday to place arbs.

It only requires care.


All sites we include have proven to be reliable and trustworthy.


There are books we initially used like Anonibet that have now been removed due to their sketchiness.


Given that some events happen on different days, we recommend splitting up stake (amongst other reasons), to avoid locking in funds for long periods of time.]


Let me know if you have other questions,


Regards

SatoshiSignals
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February 15, 2017, 03:48:01 PM
#70

I think Arbitrage betting is for long term investor that have a lot of funds to make full use of the low margin profit, it really needs a lot of patience to see your base investment increase slowly, and this method might not suit some player that aims for fast big profit in a short period of time, but over the long run, I think this method could get you some nice profits into your pockets.
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February 15, 2017, 03:53:31 PM
#71

I am really interested in it, but I wanted to try it first before buying it. Hence, all these questions and criticisms based from the review and what I read from it. Can you offer a trial week or days, so I can test out the service first? I might not be using a lot of money in the beginning because I want to test it out first. So I don't think I'll get back what I paid for the service that is why I want to try it first.

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February 15, 2017, 04:00:35 PM
#72

I am really interested in it, but I wanted to try it first before buying it. Hence, all these questions and criticisms based from the review and what I read from it. Can you offer a trial week or days, so I can test out the service first? I might not be using a lot of money in the beginning because I want to test it out first. So I don't think I'll get back what I paid for the service that is why I want to try it first.

PM sent.

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February 15, 2017, 06:25:53 PM
#73

While PowerBet does not steal deposits, they do void your winnings, and essentially freeroll you. Let's say you have an arbitrage with odds 2.02 and 2.02. One bet is on PowerBet, and that bet wins. PowerBet realizes your arbitrage betting, and voids your winnings. If you bet 200 mbtc on each side, you are left with only 200 mBTC.

It's basically the same as stealing your deposit, as you rely on the winnings from your bet to cover the losses from your bet on the other sportsbook.

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February 15, 2017, 08:13:17 PM
#74

While PowerBet does not steal deposits, they do void your winnings, and essentially freeroll you. Let's say you have an arbitrage with odds 2.02 and 2.02. One bet is on PowerBet, and that bet wins. PowerBet realizes your arbitrage betting, and voids your winnings. If you bet 200 mbtc on each side, you are left with only 200 mBTC.

It's basically the same as stealing your deposit, as you rely on the winnings from your bet to cover the losses from your bet on the other sportsbook.

I agree somewhat.

Though Powerbet does not systematically void (note that none of my customers has had a voided Powerbet arb).

So, if customers only place a small percentage of their overall bank on Powerbet, and reinvest their earnings, the expected profit should be positive (based on our experience).



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February 16, 2017, 11:07:00 AM
#75

Nice and safe 4.3% Betcoin/Fairlay Arb Opportunity.


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February 16, 2017, 05:38:25 PM
#76

Great Day for Cloudbet/Betcoin/Ebettle 4.35% Guaranteed

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February 16, 2017, 07:29:30 PM
#77

As far as I understand, this site offers some work done for money which is sort of like people on Wall Street in the films. I'd say it is risky and you need to be a professional in this stuff to become good. What reasons do we have here to think the site owners are good in this? And 30%+/Month sounds scammy, honestly. Have you  got any evidence about people who invested and really got what you promised?

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February 16, 2017, 07:46:57 PM
#78

I bought the 1 week trial.
I will try this for 1 week with a 0.5 btc bankroll, i'll give my opinion on this thread.

Fuck the signature - if you are so desperate for money why dont you go and get a fucking job first - once you did that, perhaps you will think twice what kind of shit you want to be affiliated with.
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February 16, 2017, 08:45:58 PM
#79

As far as I understand, this site offers some work done for money which is sort of like people on Wall Street in the films. I'd say it is risky and you need to be a professional in this stuff to become good. What reasons do we have here to think the site owners are good in this? And 30%+/Month sounds scammy, honestly. Have you  got any evidence about people who invested and really got what you promised?

Hello,


This is what we offer:

Arbitrage betting signals from Bitcoin based betting sites.


That's it.


Arbitrage is essentially buying high and selling low, but in this context with betting.

We tell you when these opportunities exist.


No need to be a professional, you just need to be able to place bets.

We will walk you through everything.


Proof that 30%+ can be made a month?


You can inspect the printscreens and videos we have posted.

These show valid opportunities to make risk-free (arbitrage) profit by taking advantage of the difference in the way odds are priced across different betting sites.

You can even verify with the respective betting sites that these opportunities did indeed exist.


Several members here have purchased a subscription or have received vouches.


Let me know if you have other questions!


Best regards

SatoshiSignals
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February 16, 2017, 09:15:27 PM
#80

Ok I'm definitely interested.

Though using powerbet too much might be a bit risky IMHO
They have a strict policy concerning arbitrage betting xD

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