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Author Topic: Betting Arbitrage  (Read 320 times)
BALIK
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September 05, 2019, 07:23:53 PM
 #21

Some sites/sportsbooks will also limit your account or even ban your account if they detect you're trying to arbitrage games, which is something you should be aware of before trying this out (and a big reason why I don't arb/stopped arbing). I've never really tried arbing on crypto-based sites before so I don't know how they tolerate it, but on fiat sites you'll usually get shut down really fast.

It's practically impossible to be caught doing it.

Unless these casinos are sharing information without your consent, matching bets with a name/IP address, then it is literally impossible to get caught.

I don't think I have heard a single instance where a person has been caught arbing on a crypto site (I'd love to see evidence to the contrary).

Either way, OPs post looks promising, always good to have a little side income. Though I do question what OP gets out of these signals.

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September 05, 2019, 08:36:24 PM
 #22

Betting on sports is very risky. Sometimes you win, sometimes you lose. This is NOT a long-term strategy to make you money, no matter how lucky you are. I am offering a private service that allows you to bet on sports and win money no matter what the outcome. By subscription to this service you get multiple high quality signals in crypto-only casinos (for which no verification is needed). Each of these signals allows you to make a few % return on your investment with no risk.

To get additional info feel free to join LuckyBot Discord server.

You can't say there is no risk in gambling even if you are the programmer of the software that is used by the gambling site. Am sure the signal you are advertising is not free and there is not garrantee everyone who subscribe to your service will make it at the end because if such exist then the gambling site will not have money to pay for all the winners and that is the risk involved.
SyGambler
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September 06, 2019, 04:35:40 PM
 #23

Some sites/sportsbooks will also limit your account or even ban your account if they detect you're trying to arbitrage games, which is something you should be aware of before trying this out (and a big reason why I don't arb/stopped arbing). I've never really tried arbing on crypto-based sites before so I don't know how they tolerate it, but on fiat sites you'll usually get shut down really fast.

It's practically impossible to be caught doing it.

Unless these casinos are sharing information without your consent, matching bets with a name/IP address, then it is literally impossible to get caught.

I don't think I have heard a single instance where a person has been caught arbing on a crypto site (I'd love to see evidence to the contrary).

Either way, OPs post looks promising, always good to have a little side income. Though I do question what OP gets out of these signals.

they can't be 100% sure that you are arbing , but everytime you are betting big amount with a book that has the best odds for that selection you become suspicious
also real books have traders who sometimes won't notice that there is an arb opportunity , but they can easily check the prices in other books after you make the bet and they can be sure that they were offering an arb
 
books who limit don't care if you are arbing , even if you aren't arbing but just beating their starting price they will limit you ( that happened with me with 4 bitcoin books so far )
3 of these books limited me 2 or 3 years ago because of arbs , but the 4th one just limited me because I was beating their starting price and the max bet I had with them was like 300$

so unless you have ways to keep creating accounts everytime you get limited then arbs won't work really
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September 06, 2019, 06:55:47 PM
 #24

so unless you have ways to keep creating accounts everytime you get limited then arbs won't work really
This statement caught my eye. It is clearly very easy to create new accounts from different places with different IPs, devices etc and no KYC which is the primary reason that many arbers prefer crypto sportsbooks and exchanges.

Arbing works as long as you stick to legit sites, but it requires a big bankroll for decent profits.

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SyGambler
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September 06, 2019, 10:31:20 PM
 #25

so unless you have ways to keep creating accounts everytime you get limited then arbs won't work really
This statement caught my eye. It is clearly very easy to create new accounts from different places with different IPs, devices etc and no KYC which is the primary reason that many arbers prefer crypto sportsbooks and exchanges.

Arbing works as long as you stick to legit sites, but it requires a big bankroll for decent profits.

actually almost all bitcoin books won't tolerate that , just check the comments in the threads you can clearly see that Fortunejack , Sportsbet and Betcoin don't tolerate multi accounting
so once you are limited there is a good chance they will get you in the future  or  get asked for KYC
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September 06, 2019, 11:19:16 PM
Merited by goinmerry (1)
 #26

I have a suspicion that they're just reselling BitEdge's free alerts, which you can find here. The formatting is pretty much identical to what BitEdge sends out based off of the example ones that were posted and they were also found by BitEdge. They also cover the exact same range of sportsbooks. The service is likely not worth it, though I'm not willing to pay the subscription fee to confirm my thoughts.

taking a break - expect delayed responses
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September 08, 2019, 09:44:57 AM
 #27

Hello

You guys, should rather try to arb bookies BONUS which pay much more than match arbs but less often, I must admit.

Regarding gambling, the most efficient way to make money is to follow this simple rule:

- you must have a system that makes you win more than 50% of the time, preferably on a yearly basis
- you must always bet on a 2+ odd, ie if you bet 1€, your ROI must be 2€

A site like soccerstats.com will help you getting the figures you are looking for.

Regards

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