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Author Topic: SatoshiSignals: We'll be closing the service for now...  (Read 3751 times)
JackpotRacer
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February 16, 2017, 09:48:57 PM
 #81

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.

how would powerbet know that you did an arbitrage bet?


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DarkStar_
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February 16, 2017, 09:57:06 PM
 #82

how would powerbet know that you did an arbitrage bet?

If you always bet weird numbers (ie 192.38 mBTC, 49.29, 58.11, 182.34), always using the markets that their odds are quite different than other sites, always depositing, making 1 bet and instantly withdrawing after the bet settles, betting on a large variety of small leagues. They might also purposely increase the odds of something to create an arbitrage, as a trap. Maybe they'll buy CryptoBettingSignals' service and see who bets on the PowerBet arbs given by their site.

There's quite a few ways of them finding out.

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February 16, 2017, 10:04:58 PM
 #83

how would powerbet know that you did an arbitrage bet?

If you always bet weird numbers (ie 192.38 mBTC, 49.29, 58.11, 182.34), always using the markets that their odds are quite different than other sites, always depositing, making 1 bet and instantly withdrawing after the bet settles, betting on a large variety of small leagues. They might also purposely increase the odds of something to create an arbitrage, as a trap. Maybe they'll buy CryptoBettingSignals' service and see who bets on the PowerBet arbs given by their site.

There's quite a few ways of them finding out.

ok understood, thx

what is your opinion about their service here?


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February 16, 2017, 10:27:03 PM
 #84

how would powerbet know that you did an arbitrage bet?

If you always bet weird numbers (ie 192.38 mBTC, 49.29, 58.11, 182.34), always using the markets that their odds are quite different than other sites, always depositing, making 1 bet and instantly withdrawing after the bet settles, betting on a large variety of small leagues. They might also purposely increase the odds of something to create an arbitrage, as a trap. Maybe they'll buy CryptoBettingSignals' service and see who bets on the PowerBet arbs given by their site.

There's quite a few ways of them finding out.

ok understood, thx

what is your opinion about their service here?



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.

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February 17, 2017, 04:40:02 AM
 #85

how would powerbet know that you did an arbitrage bet?

If you always bet weird numbers (ie 192.38 mBTC, 49.29, 58.11, 182.34), always using the markets that their odds are quite different than other sites, always depositing, making 1 bet and instantly withdrawing after the bet settles, betting on a large variety of small leagues. They might also purposely increase the odds of something to create an arbitrage, as a trap. Maybe they'll buy CryptoBettingSignals' service and see who bets on the PowerBet arbs given by their site.

There's quite a few ways of them finding out.

ok understood, thx

what is your opinion about their service here?



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.

thx again and in short it is not worth to lose your time and maybe even some satoshis

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February 17, 2017, 08:52:53 AM
 #86

how would powerbet know that you did an arbitrage bet?

If you always bet weird numbers (ie 192.38 mBTC, 49.29, 58.11, 182.34), always using the markets that their odds are quite different than other sites, always depositing, making 1 bet and instantly withdrawing after the bet settles, betting on a large variety of small leagues. They might also purposely increase the odds of something to create an arbitrage, as a trap. Maybe they'll buy CryptoBettingSignals' service and see who bets on the PowerBet arbs given by their site.

There's quite a few ways of them finding out.

ok understood, thx

what is your opinion about their service here?



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.

thx again and in short it is not worth to lose your time and maybe even some satoshis

If you do not use Powerbet you face no risk of having a voided bet.

Also bear in mind:

1. His report is based on the few days in which he received a vouch. He doesn't have enough evidence to make a sweeping statement.

Note the cloudbet/ebettle/fairlay   4%+ arbs I posted on page 4. This happens regularly.

2. All of our paying customers are making money.

3. Average daily arbitrage bet excluding Powerbet is 3%.  This is based on data from August 2016.

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February 17, 2017, 09:02:35 AM
 #87

Also, the claim that you need a large bankroll for this to be profitable is patently wrong.

Open up a spreadsheet and work out how much you would make in a month if you started with $200, reinvested everything and the average arb was 2%.

The answer is ~$900.

And empirical evidence shows the average non powerbet arb is larger than that.

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February 17, 2017, 09:17:22 AM
 #88

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.

Some points I forgot to address.

1. If numerous ultra play books share the same odds what does this mean?

It means there are more arbs!

So the suggestion that these arbs somehow don't count doesn't make sense.

Imagine a book has a $200 limit on a game, but you can exploit the same arb across 3 sites. Assuming they all have a $200 limit you've now placed $800.


Secondly, ultraplay books share similar odds but rarely the exact same. Why is that?

Because odds are a function of money wagered, so by definition if a sufficiently uneven amount of money is wagered across these sites, odds will differ.

2. Reinvesting money means you don't need a large bankroll thanks to exponential growth of compound interest!

3. The 40 daily arbs figure included only arbs greater than 1%.

So the idea that the bulk of arbs are low 0.3% opportunities is wrong.

4. The KYC books are included to give people more opportunities. But they can be totally ignored and don't even make up 5% of arb opportunities.

5. It's completely wrong that you might find only 2 arbs excluding Powerbet >1%.


More like 10-20

SatoshiSignals
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February 17, 2017, 10:29:06 AM
 #89

Vitalbet/Betballer 70.84+% Arbitrage Opportunity! - Insane



SatoshiSignals
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February 17, 2017, 11:02:23 AM
 #90

Also, the claim that you need a large bankroll for this to be profitable is patently wrong.

Open up a spreadsheet and work out how much you would make in a month if you started with $200, reinvested everything and the average arb was 2%.

The answer is ~$900.

And empirical evidence shows the average non powerbet arb is larger than that.

Wow
I'm not so sure about this figure...
First you've to take into account all the problems linked with numerous deposits and withdrawals
Plus the potential problems (some sites are actually looking at arbitrage betting and prohibiting it, like powerbet)

I'm sure your service is worth and awesome but don't overestimate it ^^

                            ▄▄▄▄████
                        ███████████
                         ▀████████
         ▄██▄            ▄███████
       ▄██████▄        ▄██████▄
     ▄████▀▀████▄    ▄████▀▀████▄
   ▄████▀    ▀████▄▄████▀    ▀████▄
 ▄████▀        ▀██████▀        ▀████▄
▄████          ▄██████▄          ████▄
█████        ▄████▀▀████▄        █████
 █████▄    ▄████▀    ▀████▄    ▄█████
  ▀███████████▀        ▀███████████▀
    ██████▀▀            ▀▀██████▀
.PROPTHEREUM.
JackpotRacer
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February 17, 2017, 12:33:40 PM
 #91

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.

Some points I forgot to address.

1. If numerous ultra play books share the same odds what does this mean?

It means there are more arbs!

So the suggestion that these arbs somehow don't count doesn't make sense.

Imagine a book has a $200 limit on a game, but you can exploit the same arb across 3 sites. Assuming they all have a $200 limit you've now placed $800.


Secondly, ultraplay books share similar odds but rarely the exact same. Why is that?

Because odds are a function of money wagered, so by definition if a sufficiently uneven amount of money is wagered across these sites, odds will differ.

2. Reinvesting money means you don't need a large bankroll thanks to exponential growth of compound interest!

3. The 40 daily arbs figure included only arbs greater than 1%.

So the idea that the bulk of arbs are low 0.3% opportunities is wrong.

4. The KYC books are included to give people more opportunities. But they can be totally ignored and don't even make up 5% of arb opportunities.

5. It's completely wrong that you might find only 2 arbs excluding Powerbet >1%.


More like 10-20

actually what you are saying is that darkstar did not a correct review. but he says it was only for a few days and therefore he couldnt give a detailed and correct feedback. I believe him cause he is a trusted member and he also has enough knowledge about arbs.

why not you give him a month or at least as much he needs to test your service and give us his opinion if it is worth to buy your service.

or why dont you use your own service with our money and you guarantee the % that you are promising and you escrow it?

I am the first who will send you some coins if you guarantee those percentages and you will escrow the refund if you lose

I am sure there will be plenty more who want to invest in you


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February 17, 2017, 12:43:02 PM
 #92

Also, the claim that you need a large bankroll for this to be profitable is patently wrong.

Open up a spreadsheet and work out how much you would make in a month if you started with $200, reinvested everything and the average arb was 2%.

The answer is ~$900.

And empirical evidence shows the average non powerbet arb is larger than that.

Wow
I'm not so sure about this figure...
First you've to take into account all the problems linked with numerous deposits and withdrawals
Plus the potential problems (some sites are actually looking at arbitrage betting and prohibiting it, like powerbet)

I'm sure your service is worth and awesome but don't overestimate it ^^

We've been exploiting these arbs since 2016.

In fact, bitedge has been exploiting this since around 2014, which is why they only give out 1 free arb a day and have never opened up a signal service.

No sites except powerbet are aggressive towards arbers, we've tested this thoroughly.

The math is just compound interest check yourself if you'd like.

200*1.02^7*4 = $918


SatoshiSignals
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February 17, 2017, 12:45:12 PM
 #93

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.

Some points I forgot to address.

1. If numerous ultra play books share the same odds what does this mean?

It means there are more arbs!

So the suggestion that these arbs somehow don't count doesn't make sense.

Imagine a book has a $200 limit on a game, but you can exploit the same arb across 3 sites. Assuming they all have a $200 limit you've now placed $800.


Secondly, ultraplay books share similar odds but rarely the exact same. Why is that?

Because odds are a function of money wagered, so by definition if a sufficiently uneven amount of money is wagered across these sites, odds will differ.

2. Reinvesting money means you don't need a large bankroll thanks to exponential growth of compound interest!

3. The 40 daily arbs figure included only arbs greater than 1%.

So the idea that the bulk of arbs are low 0.3% opportunities is wrong.

4. The KYC books are included to give people more opportunities. But they can be totally ignored and don't even make up 5% of arb opportunities.

5. It's completely wrong that you might find only 2 arbs excluding Powerbet >1%.


More like 10-20

actually what you are saying is that darkstar did not a correct review. but he says it was only for a few days and therefore he couldnt give a detailed and correct feedback. I believe him cause he is a trusted member and he also has enough knowledge about arbs.

why not you give him a month or at least as much he needs to test your service and give us his opinion if it is worth to buy your service.

or why dont you use your own service with our money and you guarantee the % that you are promising and you escrow it?

I am the first who will send you some coins if you guarantee those percentages and you will escrow the refund if you lose

I am sure there will be plenty more who want to invest in you



This is what I can do:

Take a 1 week free trial, pay by paypal, if there are less than 5% worth of arbs in a week you can open a claim and get a full refund.

SatoshiSignals
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February 17, 2017, 01:13:53 PM
 #94

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.

Some points I forgot to address.

1. If numerous ultra play books share the same odds what does this mean?

It means there are more arbs!

So the suggestion that these arbs somehow don't count doesn't make sense.

Imagine a book has a $200 limit on a game, but you can exploit the same arb across 3 sites. Assuming they all have a $200 limit you've now placed $800.


Secondly, ultraplay books share similar odds but rarely the exact same. Why is that?

Because odds are a function of money wagered, so by definition if a sufficiently uneven amount of money is wagered across these sites, odds will differ.

2. Reinvesting money means you don't need a large bankroll thanks to exponential growth of compound interest!

3. The 40 daily arbs figure included only arbs greater than 1%.

So the idea that the bulk of arbs are low 0.3% opportunities is wrong.

4. The KYC books are included to give people more opportunities. But they can be totally ignored and don't even make up 5% of arb opportunities.

5. It's completely wrong that you might find only 2 arbs excluding Powerbet >1%.


More like 10-20

actually what you are saying is that darkstar did not a correct review. but he says it was only for a few days and therefore he couldnt give a detailed and correct feedback. I believe him cause he is a trusted member and he also has enough knowledge about arbs.

why not you give him a month or at least as much he needs to test your service and give us his opinion if it is worth to buy your service.

or why dont you use your own service with our money and you guarantee the % that you are promising and you escrow it?

I am the first who will send you some coins if you guarantee those percentages and you will escrow the refund if you lose

I am sure there will be plenty more who want to invest in you



This is what I can do:

Take a 1 week free trial, pay by paypal, if there are less than 5% worth of arbs in a week you can open a claim and get a full refund.

are you serious? that you find arbs that doesnt mean anything cause who knows if anyone can get them!

how about I will give you some BTC and you tell me how much in % you will give me in one week and we both escrow it. if you do less than 5 % you pay me the 5% and we do another week and so on. like this I am sure to get 5% Smiley

otherwise you are just fooling around imo


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February 17, 2017, 01:37:35 PM
 #95

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.

Some points I forgot to address.

1. If numerous ultra play books share the same odds what does this mean?

It means there are more arbs!

So the suggestion that these arbs somehow don't count doesn't make sense.

Imagine a book has a $200 limit on a game, but you can exploit the same arb across 3 sites. Assuming they all have a $200 limit you've now placed $800.


Secondly, ultraplay books share similar odds but rarely the exact same. Why is that?

Because odds are a function of money wagered, so by definition if a sufficiently uneven amount of money is wagered across these sites, odds will differ.

2. Reinvesting money means you don't need a large bankroll thanks to exponential growth of compound interest!

3. The 40 daily arbs figure included only arbs greater than 1%.

So the idea that the bulk of arbs are low 0.3% opportunities is wrong.

4. The KYC books are included to give people more opportunities. But they can be totally ignored and don't even make up 5% of arb opportunities.

5. It's completely wrong that you might find only 2 arbs excluding Powerbet >1%.


More like 10-20

actually what you are saying is that darkstar did not a correct review. but he says it was only for a few days and therefore he couldnt give a detailed and correct feedback. I believe him cause he is a trusted member and he also has enough knowledge about arbs.

why not you give him a month or at least as much he needs to test your service and give us his opinion if it is worth to buy your service.

or why dont you use your own service with our money and you guarantee the % that you are promising and you escrow it?

I am the first who will send you some coins if you guarantee those percentages and you will escrow the refund if you lose

I am sure there will be plenty more who want to invest in you



This is what I can do:

Take a 1 week free trial, pay by paypal, if there are less than 5% worth of arbs in a week you can open a claim and get a full refund.

are you serious? that you find arbs that doesnt mean anything cause who knows if anyone can get them!

how about I will give you some BTC and you tell me how much in % you will give me in one week and we both escrow it. if you do less than 5 % you pay me the 5% and we do another week and so on. like this I am sure to get 5% Smiley

otherwise you are just fooling around imo



haha, Not a bad idea from JackpotRacer...
Yes, why not do it this way?

Will OP accept for JackpotRacer's deal?
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February 17, 2017, 01:39:10 PM
 #96

Have you ever had problems with bookies over betting funny numbers due to the arbs? I have read your tips about trying to use round numbers and amounts ending in 777 etc. making the impression of being lucky numbers and such but I am not sure if these tactics could fool the bookies. Are you sure there will be no issues like void bets and account closures in the long term because they might turn a blind eye for some time but if this becomes systemic would they still allow it? And most importantly, could funds gained via arbing be seized?

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February 17, 2017, 02:18:40 PM
 #97

Have you ever had problems with bookies over betting funny numbers due to the arbs? I have read your tips about trying to use round numbers and amounts ending in 777 etc. making the impression of being lucky numbers and such but I am not sure if these tactics could fool the bookies. Are you sure there will be no issues like void bets and account closures in the long term because they might turn a blind eye for some time but if this becomes systemic would they still allow it? And most importantly, could funds gained via arbing be seized?

Simple answer: YES
Not only that but you could be banned from the gambling site too.
Power bet has such policy for example.
It's not that easy to do. But bookers are looking for the too smart players you can be sure of that :/

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   ▄████▀    ▀████▄▄████▀    ▀████▄
 ▄████▀        ▀██████▀        ▀████▄
▄████          ▄██████▄          ████▄
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.PROPTHEREUM.
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February 17, 2017, 03:19:40 PM
 #98

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.

Some points I forgot to address.

1. If numerous ultra play books share the same odds what does this mean?

It means there are more arbs!

So the suggestion that these arbs somehow don't count doesn't make sense.

Imagine a book has a $200 limit on a game, but you can exploit the same arb across 3 sites. Assuming they all have a $200 limit you've now placed $800.


Secondly, ultraplay books share similar odds but rarely the exact same. Why is that?

Because odds are a function of money wagered, so by definition if a sufficiently uneven amount of money is wagered across these sites, odds will differ.

2. Reinvesting money means you don't need a large bankroll thanks to exponential growth of compound interest!

3. The 40 daily arbs figure included only arbs greater than 1%.

So the idea that the bulk of arbs are low 0.3% opportunities is wrong.

4. The KYC books are included to give people more opportunities. But they can be totally ignored and don't even make up 5% of arb opportunities.

5. It's completely wrong that you might find only 2 arbs excluding Powerbet >1%.


More like 10-20

actually what you are saying is that darkstar did not a correct review. but he says it was only for a few days and therefore he couldnt give a detailed and correct feedback. I believe him cause he is a trusted member and he also has enough knowledge about arbs.

why not you give him a month or at least as much he needs to test your service and give us his opinion if it is worth to buy your service.

or why dont you use your own service with our money and you guarantee the % that you are promising and you escrow it?

I am the first who will send you some coins if you guarantee those percentages and you will escrow the refund if you lose

I am sure there will be plenty more who want to invest in you



This is what I can do:

Take a 1 week free trial, pay by paypal, if there are less than 5% worth of arbs in a week you can open a claim and get a full refund.

are you serious? that you find arbs that doesnt mean anything cause who knows if anyone can get them!

how about I will give you some BTC and you tell me how much in % you will give me in one week and we both escrow it. if you do less than 5 % you pay me the 5% and we do another week and so on. like this I am sure to get 5% Smiley

otherwise you are just fooling around imo



We don't handle money, this has legal implications.

Plus this is not how arbitrage betting signal service companies conduct business.

See Rebelbetting for example.

However, this is what I can do instead:

1. Put your subscription in escrow.

2. Place bets everyday from our arb sheet.

3. If you follow our guidelines exactly and make 5% back,  you vouch for the service and the money gets released to us.

If you don't follow our guidelines, or make a mistake that has nothing to do with us (misreading the sheet for example), money still gets released to us.

If you follow everything and don't make 5% back, money gets released to you.


This deal is only for one-week, the last vouch that will be given.

We are trying to run a scalable signal service business, so we will not be escrowing subscriptions by default.

Let me know if you accept this deal.

Best regards

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February 17, 2017, 03:24:59 PM
 #99

Have you ever had problems with bookies over betting funny numbers due to the arbs? I have read your tips about trying to use round numbers and amounts ending in 777 etc. making the impression of being lucky numbers and such but I am not sure if these tactics could fool the bookies. Are you sure there will be no issues like void bets and account closures in the long term because they might turn a blind eye for some time but if this becomes systemic would they still allow it? And most importantly, could funds gained via arbing be seized?

At the moment, if you avoid Powerbet, you will be fine.

Fairlay for example, is a betting exchange.

A betting exchange has literally zero incentive to ban arbers, because arbers are the ones providing liquidity on their exchanges.

Arbers (and market makers) are the reason why they have a valid business.

Regarding the other websites, for now they do not have an aggressive anti-arber policy.

Will this change in the future?

Maybe, maybe not. But there is no evidence for this yet.

Hence why this is the best time to start.

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February 17, 2017, 03:28:41 PM
 #100

Have you ever had problems with bookies over betting funny numbers due to the arbs? I have read your tips about trying to use round numbers and amounts ending in 777 etc. making the impression of being lucky numbers and such but I am not sure if these tactics could fool the bookies. Are you sure there will be no issues like void bets and account closures in the long term because they might turn a blind eye for some time but if this becomes systemic would they still allow it? And most importantly, could funds gained via arbing be seized?

Simple answer: YES
Not only that but you could be banned from the gambling site too.
Power bet has such policy for example.
It's not that easy to do. But bookers are looking for the too smart players you can be sure of that :/

With all due respect, this is not completely accurate.

Betting exchanges do not ban arbers. Fact.

Arbers provide liquidity on their exchanges, why on Earth would they ban arbers?

Secondly, we have 6 months of empirical evidence that other websites (i.e. not Powerbet) do not ban arbers.

So there is zero evidence right now, to support the notion that other books will seize profits.


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