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Author Topic: Arbitrage betting (Surebets)  (Read 567 times)
Ivekzg (OP)
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January 28, 2023, 05:44:03 PM
Last edit: June 30, 2023, 09:51:27 PM by Ivekzg
 #1

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January 28, 2023, 05:58:25 PM
 #2

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?

The most well known one is betburger I think or something in these lines,they offer you a great service but of course is with a paid fee the premium service and despite that you need to have accounts in dozens of sport books scattered online throughout the world so you have to be super fast and arbitrage betting is for people with a lot of money as usually the sure profit from these sure bets if caught at the right moment is 1-3% so you need to bet a lot of money in order to make money and have this as a complete job.

Here is a link you can check for this

https://www.betburger.com/

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January 28, 2023, 06:52:48 PM
 #3

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?
I used to try it when I was gambling but to be honest it did not work for me. Even if you are gambling in different platform in different market still you need to be patience and be lucky to find a good arbitrage. On the other hand, bookies do not like their punters do arbitrage. They ban the customer if they find such betting pattern.  

I’am in arbitrage for long time and I can/know where to find arbs manually.
Have accounts with few bookies, check odds, when you have good difference then place your bet. I used to have a calculator to calculate profit from arbitrage betting. It was useful.

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January 28, 2023, 08:07:35 PM
 #4

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?
Not all gamblers like the Arbitrage Betting because if you loss all bets, you loss a huge amount of money at a time. There was a time I discussed with a friend to do Arbitrage Bet but he said no. And really I have tried twice or thrice and the thing didn't favour me so since then I abandoned it. I always focus on one betting row. I am even afraid to bet on it since one of my guy lost about $300 for Arbitrage Betting.
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January 28, 2023, 08:28:58 PM
 #5

Not all gamblers like the Arbitrage Betting because if you loss all bets, you loss a huge amount of money at a time. There was a time I discussed with a friend to do Arbitrage Bet but he said no. And really I have tried twice or thrice and the thing didn't favour me so since then I abandoned it. I always focus on one betting row. I am even afraid to bet on it since one of my guy lost about $300 for Arbitrage Betting.
In Arbitrage betting timing is very important even a few seconds can make huge difference. The best practice is to do it with friends. Check the odds in several sites. Decide between you who will place bet in which leg of the same market. Do it at once. This is one of the method.

Another method is doing it by yourself. You can do it in different platform or in the same platform too. Mostly in the Live match you will find this kind of opportunity. But it's risky. I used to do it in Test cricket match, you can easily find several opportunity for arbitrage betting. Five days long match, session by session games. You will easily find the fav is behind in one of two session. With a lot of passion you may make some money but to be honest the amount of time you spend in it not worth it even if you are placing huge amount of stake.

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January 28, 2023, 08:58:12 PM
 #6

It's not worth the trouble in my opinion. Sportsbooks can spot arbitrage bets and they will limit you. If you are unlucky, they can even confiscate your money. Don't forget that all casinos and sportsbooks hide behind their TOS. Crypto bookies are licensed in Curacao. There isn't much you can do when they take your money and ban you. Curacao standards can't be compared with normal casino regulators. The little profit you could make isn't worth the headache if it goes sideways.   

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January 29, 2023, 12:15:21 AM
 #7

It's not worth the trouble in my opinion. Sportsbooks can spot arbitrage bets and they will limit you. If you are unlucky, they can even confiscate your money. Don't forget that all casinos and sportsbooks hide behind their TOS. Crypto bookies are licensed in Curacao. There isn't much you can do when they take your money and ban you. Curacao standards can't be compared with normal casino regulators. The little profit you could make isn't worth the headache if it goes sideways.   
Ivekzg can maybe confirm it but I don't think their TOS prohibit arbitrage betting, it wouldn't be lawful and they have no oversight to know you have place another bet on the opposite outcome at another sportsbook. What sportsbooks don't like is players placing value bets, that is to say bets with positive EV, or odds above the real odds to happen in other words. So if you are able to make surebets without using value bets too frequently at the same sportsbook, you should be fine IMO.

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January 29, 2023, 03:07:59 AM
 #8

Not all gamblers like the Arbitrage Betting because if you loss all bets, you loss a huge amount of money at a time. There was a time I discussed with a friend to do Arbitrage Bet but he said no. And really I have tried twice or thrice and the thing didn't favour me so since then I abandoned it. I always focus on one betting row. I am even afraid to bet on it since one of my guy lost about $300 for Arbitrage Betting.
In Arbitrage betting timing is very important even a few seconds can make huge difference. The best practice is to do it with friends. Check the odds in several sites. Decide between you who will place bet in which leg of the same market. Do it at once. This is one of the method.

Another method is doing it by yourself. You can do it in different platform or in the same platform too. Mostly in the Live match you will find this kind of opportunity. But it's risky. I used to do it in Test cricket match, you can easily find several opportunity for arbitrage betting. Five days long match, session by session games. You will easily find the fav is behind in one of two session. With a lot of passion you may make some money but to be honest the amount of time you spend in it not worth it even if you are placing huge amount of stake.
Arbitrage betting is headed to the same direction of arbitrage trading, the timing in arbitrage trading is so important that we cannot expect humans to be able to spot an arbitrage opportunity and then to open a trade, bots are needed to make this process as smooth as possible, and I think the same is happening with arbitrage bets, some skilled gamblers can still do this manually but we will reach a point in which bots will be needed for this as well.
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January 29, 2023, 03:23:44 AM
 #9

Why is it that everyone always looking for an edge to cheat the casinos? Making a few bucks is worth losing an account? Cmon man, why not make bets straight up and beat the casino? Not enough knowledge of a sport to make money? I know sportsbetting isn't easy, but gambling isn't supposed to be. Going against a sites ToS isn't all that smart and usually ends up with a bs scam accusation because someone cannot wd due to violating terms.

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January 29, 2023, 03:34:52 AM
 #10

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?
Not all gamblers like the Arbitrage Betting because if you loss all bets, you loss a huge amount of money at a time. There was a time I discussed with a friend to do Arbitrage Bet but he said no. And really I have tried twice or thrice and the thing didn't favour me so since then I abandoned it. I always focus on one betting row. I am even afraid to bet on it since one of my guy lost about $300 for Arbitrage Betting.
Yes, it is true that arbitrage bets are very rare and of little interest to gamblers, maybe because these bets have a greater risk and are more difficult to win compared to other bets.
Even though these bets aim to make a profit without having to worry about winning or losing in a match, the reality is that not all gamblers can successfully take advantage of making these bets.
I myself have never once tried to bet on Arbitrage because I wasn't too sure that this bet could give me the win and profit that I expected.

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January 29, 2023, 03:40:06 AM
 #11

Why is it that everyone always looking for an edge to cheat the casinos? Making a few bucks is worth losing an account? Cmon man, why not make bets straight up and beat the casino? Not enough knowledge of a sport to make money? I know sportsbetting isn't easy, but gambling isn't supposed to be. Going against a sites ToS isn't all that smart and usually ends up with a bs scam accusation because someone cannot wd due to violating terms.

What do you mean cheat the casinos?

I don't understand why arbitrage betting should be any problem at all, even though I know some say in their TOS they don't want it.

If I place a bet on team A on site 1 and on team B on site 2, where is the problem? Both sites see action, the odds only reflect the action on the site/games provider. On site 1 more people bet on team A and on site 2 more on team B, thats why the odds are what they are.

If anybody cheats then it's the casinos by offering way to low odds on sports. Some sites offering 1.8 : 1.8 or even less are the real problem of this industry.

@ the people that talking about risks of arbitrage betting: it seems you don't understand what it means. With these bets you cannot lose.
You bet on 1.6 odds on bookie A and the other side on 3.15 odds on bookie B, where can you lose?

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January 29, 2023, 06:03:26 AM
 #12

I remember about this arbitrage bet but I think it was only rare to see it now (I'm not actually sure) and I think you should have data from all the markets to see what match you can arbitrage. I am just curious if this kind of strategy is legal? or will the gambling site will know that you are doing arbitrage bets? I'm just curious if that was allowed, many people can make a living out of it but I think it is still depends on the betting amount usually it is only 0.01 multiplier right or 0.1?


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January 29, 2023, 06:27:05 AM
 #13

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?
Not all gamblers like the Arbitrage Betting because if you loss all bets, you loss a huge amount of money at a time. There was a time I discussed with a friend to do Arbitrage Bet but he said no. And really I have tried twice or thrice and the thing didn't favour me so since then I abandoned it. I always focus on one betting row. I am even afraid to bet on it since one of my guy lost about $300 for Arbitrage Betting.
I thought that arbitrage was only for crypto exchanges, it turns out that there is also gambling, I just found out about this, but it's nice to hear you share your experience about this, so I won't try it, after all arbitrage is not an advantage either when we are having bad luck we can lose luckily and lose a lot of money

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January 29, 2023, 06:31:52 AM
 #14

A clear violations of TOS are a sign and indication to get banned by the casino and that is the reason we have some crying babies all around the reputation board trying to blame the casino for their act of disorderliness, why will any one want to cheat a game when you can beat the casino if you have good knowledge of the games and making you prediction along that knowledge line.
-Arbitrage betting doesn't work I have seen a few forks offering such services as sure bet and 99% are scams and never work so it doesn't worth the stress.
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January 29, 2023, 07:37:20 AM
 #15

They can spot arbitrage bets but they cant spot their mistake in odds ?
Confisicate money for betting on their odds ? Thats theft and criminal behavior.
Just read the TOS carefully of every site you intend to use for arbitrage betting and pay attention to what it says. 99% of people won't do that. They will spot it if you make it to easy for them. A $50 bet doesn't look like an arbitrage bet. A $52.17 is a completely different thing though.

Did you ever heard Pinny confiscate money from players ? No, cos they know what are they doing.
Pinny as in Pinnacle Sports? I have heard of the brand but never played there nor do I know their reputation.

Every bookie should by lead by their example.
Period.
What should be and what is happening are two different things. We shouldn't have war in the 21st century either, but you can see how that goes. Go to the scam accusations board and read some of the complaints there. There are, of course, many players who are scammers as well, but maybe you will get an idea about some of the things that are are happening.

Ivekzg can maybe confirm it but I don't think their TOS prohibit arbitrage betting, it wouldn't be lawful and they have no oversight to know you have place another bet on the opposite outcome at another sportsbook.
The OP doesn't mention specific names of sportsbooks. Each one should be analyzed individually. Like I said, the size of the wager can be enough for them to see it's an arbitrage bet.

Even if the TOS doesn't mention arbitrage betting itself, they can have a vague term like: We reserve the right to close your account and confiscate any money used in a way that is detriment to our businesses. The statement doesn't mention anything specific, but justifies their actions and gives them the right to protect their business (according to them). Then it's on the player to fight and prove his innocence. 

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January 29, 2023, 07:59:49 AM
 #16

It seems to me that arbitrage betting can make a profit if you are a really advanced player and know how to make such bets so as not to be caught, for the rest it can bring only a small amount while you risk being limited by the bookmaker, it's worth it, I think not.
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January 29, 2023, 01:02:01 PM
 #17

If you read books TOS you realize they can do whatever they want. But experienced arber like myself will know exactly which books to use and how to use it.
Yes, most of the time they can do how they please. If you are an experienced arbitrage bettor, why aren't you the one who posts tips and recommendations? Your opening post makes it look like you are asking others to help you out. Maybe that's just me who understood it that way.

Anyways, if you are as experienced as you say, create a proper thread with a quality OP talking about arbitrage betting.
On a side note, it's against the forum rules to make multiple posts in quick sequence one after the other. Quote the parts of the messages you are replying to all in one post.

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January 29, 2023, 01:35:37 PM
 #18

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?
What is your country because most of arbitrage betting opportunities always available only on local sportsbook since most of the crypto sportsbook is using same bookmaker on providing odds that makes arbitrage betting almost impossible to do. You can get do arbitrage trading on crypto bookie but it involves shady casino they do it on purpose to attract players to deposit in their casino then later scam you.

You can check this discussion https://www.reddit.com/r/arbitragebetting/ on reddit for more active community that discussed about this topic.

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January 29, 2023, 01:58:35 PM
 #19

Is that ok ?
It's your thread, you can approach it any way you think is the best.
If it was me, I would begin with some background info about what arbitrage is. Many people already know it, but it won't hurt. If you are good at finding such offers, maybe you can talk about that as well, and show some proof and stats about how much can be made with arbitrage betting nowadays.

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January 29, 2023, 02:39:53 PM
 #20

Hi, and of you guys doing arbitrage betting ?
Any interest to post some arbitrage betting opportunities ?
What is your country because most of arbitrage betting opportunities always available only on local sportsbook since most of the crypto sportsbook is using same bookmaker on providing odds that makes arbitrage betting almost impossible to do. You can get do arbitrage trading on crypto bookie but it involves shady casino they do it on purpose to attract players to deposit in their casino then later scam you.

You can check this discussion https://www.reddit.com/r/arbitragebetting/ on reddit for more active community that discussed about this topic.

I heard about arbitrage trading but the term arbitrage betting is new for me ? Do you know how can we do arbitrage betting ?
I know the odds on different sportsbook are different but they are not so much difference that we can do arbitrage betting.


Ok, thank you for idea, I will open new thread only with arbitrage tips. Tips will be from soft crypto books (as this is crypto forum) and Pinny and Betfair.
Is that ok ?

If you create the link for arbitrage betting tips , do share the link here ?
Also let us know on sportsbook will you be using for this purpose ?

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