Isn't the purpose of betting to beat/outplay the bookies?
What he did is the same as if he cashed out the first bet while in profit.
If I play on a basketball match on Team A to win by 7 points or more, and then during the match while they are up by 20 I decide to bet on Team B not to lose by 18 or more, is that considered arbitrage betting?
Will you please answer my question? Thank you.
When a person places a single bet of any type, and this bet wins - it is fair.
But when he is placing a few bets of the opposite outcome to be at profit in any way - it's more like trading. If a bookmaker (any) always looses, there won't be any bookmakers at all.
After the match is begun, some odds are getting locked away and the game forwards to the "live" section, which has its own rules.
For basketball, if the duration of a match is 40 minutes, at least 35 minutes must be played for bets to stand. If the duration of a match is 48 minutes, at least 40 minutes must be played for bets to stand.
General Terms, 9.4 - point 3.
In other words, if your bet is available to be placed, and meets the requirements in ToS - it will be accepted.
I'm new here because of 1xbit
I just found it now. I have 4 missing deposits made yesterday via Litecoin still not yet processed! can I get a refund at least???
We see that you have received your deposits ~an hour ago, there was an issue with deposits in LTC due to network load, now it's all fixed and safe and sound.
Please check your account, it might require to change your active wallet back to LTC by clicking on it in the left top corner.
Sincerely.
1xBit team