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[Little Mouse]

The first airdrop allocation is indeed 10% but with airdrop allocations 2 and 3 it is not much different only a difference of 1% percent but different ways to get it.

It has a huge difference if you have a close look.
Airdrop 1 will be distributed among the early users, users who have gambled in the first 12 months while others two arent limited to them. Looking forward although I haven't played a lot.

[Wiwo]

a bookie should be happy someone stakes big amount on their site and does it frequently; isn't it their main goal to bring traffic and volume?

The main goal of all the casino is entertain you and making money through the entertainment. If someone is arbitrage betting, he is winner all the time. That's why it's also called sure bet. They are beating the bookies with arbitrage betting. Most of the casinos don't allow arbitrage betting. In some cases, casino only limit the gambler so they can't anymore take the chance as with small amount of betting limit, they would make a very little amount which wouldn't worth the time.

It's sort of like a "hack" when an individual has infinite lives in the video game because he/she is NOT playing under the rules of the video game. It's simply an unfair advantage, plus it removes liquidity from the betting pool making it smaller, which might prevent the casino from accepting larger bets.

Arbers should use their strategies in Betting Exchanges because all of the bets are peer to peer. The exchange merely collects fees/doesn't have its own money in the liquidity pool.

I've known about arbitrage betting for quite a long time now, but I've never really come to understand completely how it's done, I've even heard and read post of some guys who end up getting restricted from accessing their accounts by some casinos on the charge that they were doing arbitrage betting.

Though like I said before, this is something Ive known I words for a very long time, but unfortunately, I've never picked the interest to want to really find out what exactly it is, how it's done and so on.
So, reading your analogy of having infinite lives in a video game, that tried a bit to explain it but it's not clear enough, so, if you don't mind, I honestly would appreciate a clear and precise explanation on how arbitrage betting is done, I know I could easily Google this, but we are here already, so, let this also serve as a contribution to the discussion.

Thanks for your anticipated time and effort.

You are not alone in the delusion of not understanding what Abitrage betting is and how effective or in effective it is,  and what are it rules in aiding the gamblers to win the bet,  this is much more so to the point that we may consider using that mechanisms to stay ahead in our bets,.

I think one will need to have an extra read about abitrage betting or the concept because the tool is not only availability in gambling alon but also in trading,  so it worth the search to see what it real meaning is and what are it effects.

[South Park]

A quick Google search about arbitrage betting will land you into a couple of results stating that casinos hate it because of the fact that it removes the risk on the player and the casinos have everything to lose. Even a 1% gain from a single arbitrage bet will eventually stack up, and casinos don't like losing money. There are certain ways how the casinos are able to detect whether a bet is arbitrage or not, and the user here even admits that it is. Casinos are in the business of making money, so why would they allow such strategy to happen if they lose 100% of the time?

I always fail to understand why casinoes are against this practice considering the arbitrage happens on two different sportsbooks ( of course it is impossible to do it on the same one) : so sportsbook A take a side of the bet and sportsbook B takes the other side.
Imo they shouldn't know what their players do outside their business area and furthermore they shouldn't even care about it, unless they team up each other for some other reasons I ignore.
I guess I am missing something about this anti arbitrage policy.

This is about the money, arbitraging can also be performed when you trade any asset, like bitcoin, but exchanges do not care as if you were to win all the time, you are only taking money away from other traders and generating income for them with each one of your trades thanks to the commissions they charge you, but when it comes to gambling you are playing against the casino, and even if you can distribute your bets among 2 or more casinos, they still lose money after each one of the wins you have with them at no risk for yourself, so it is obvious casinos are not going to like this one bit.

[BlackBoss_]

The main goal of all the casino is entertain you and making money through the entertainment. If someone is arbitrage betting, he is winner all the time. That's why it's also called sure bet. They are beating the bookies with arbitrage betting. Most of the casinos don't allow arbitrage betting. In some cases, casino only limit the gambler so they can't anymore take the chance as with small amount of betting limit, they would make a very little amount which wouldn't worth the time.

Your first post makes me still confusing as I thought it is still risky with arbitrage betting. By betting with big money, it is already risky.

Your second post clears its doubt a little bit, as you call it is sure win bet. As it is a sure win bet type, I see why sportsbooks are against this betting type.

However, risk is still there, bet big, repeat it many times to have big net win and eventually can fail to withdraw. I see the risk with arbitrage betting is big but maybe arbitrate gambler think different.

[Little Mouse]

However, risk is still there, bet big, repeat it many times to have big net win and eventually can fail to withdraw. I see the risk with arbitrage betting is big but maybe arbitrate gambler think different.

They are risk free as long as they can withdraw. In most cases, they get pass in the first few attempts, that's what I have seen in most cases here in bitcointalk. And once they get caught, they come up with shit stories and try forcing the casino to pay them.

[ultrloa]

However, risk is still there, bet big, repeat it many times to have big net win and eventually can fail to withdraw. I see the risk with arbitrage betting is big but maybe arbitrate gambler think different.

They are risk free as long as they can withdraw. In most cases, they get pass in the first few attempts, that's what I have seen in most cases here in bitcointalk. And once they get caught, they come up with shit stories and try forcing the casino to pay them.

But those shit stories easily got debunked when a casino post a proof regarding on those illegal actions they made that's the reason none of those abuser succeed because they easily got busted out by casino representatives.

That's why for other planning to do arbitrage betting and take advantage on some situation better if they think a lot since there's a high chance that same with other people got caught they also experience the same and their accounts will get banned also worse they will not get their money especially if there's a rule on a casino that the can do this action if someone found out doing something illegal on their casino.

For sure there's a lot more attempt like this since somehow this actions is tempting for other gambler especially if they are desperate to gain some profit.

[Wind_FURY]

a bookie should be happy someone stakes big amount on their site and does it frequently; isn't it their main goal to bring traffic and volume?

The main goal of all the casino is entertain you and making money through the entertainment. If someone is arbitrage betting, he is winner all the time. That's why it's also called sure bet. They are beating the bookies with arbitrage betting. Most of the casinos don't allow arbitrage betting. In some cases, casino only limit the gambler so they can't anymore take the chance as with small amount of betting limit, they would make a very little amount which wouldn't worth the time.

It's sort of like a "hack" when an individual has infinite lives in the video game because he/she is NOT playing under the rules of the video game. It's simply an unfair advantage, plus it removes liquidity from the betting pool making it smaller, which might prevent the casino from accepting larger bets.

Arbers should use their strategies in Betting Exchanges because all of the bets are peer to peer. The exchange merely collects fees/doesn't have its own money in the liquidity pool.

I've known about arbitrage betting for quite a long time now, but I've never really come to understand completely how it's done, I've even heard and read post of some guys who end up getting restricted from accessing their accounts by some casinos on the charge that they were doing arbitrage betting.

Though like I said before, this is something Ive known I words for a very long time, but unfortunately, I've never picked the interest to want to really find out what exactly it is, how it's done and so on.
So, reading your analogy of having infinite lives in a video game, that tried a bit to explain it but it's not clear enough, so, if you don't mind, I honestly would appreciate a clear and precise explanation on how arbitrage betting is done, I know I could easily Google this, but we are here already, so, let this also serve as a contribution to the discussion.

Thanks for your anticipated time and effort.

Arbers are not like gamblers/regular sports-bettors. They merely exploit inefficiencies in the odds of different sports-betting sites/casinos. If they find an inefficiency, they will put money on both sides of the bet and pocket the difference. As an example of an inefficiency, if Team A's odds is 2.05 and because of that inefficiency Team B is 2.10 in another casino. I believe there are other kinds of inefficiencies to be found, but that's a rough example to put arbitrage in context.

[o48o]

Anyone here knew what’s the calculation of the airdrop reward baed on the casino wager? I read the whitepaper but failed to find info about the distribution calculation aside from vesting.

Afaik there will be more airdrop from those user that will actively bet in the casino even after the snapshot and distribution. This is same with BFG tokens that they reward rakebacks in form of tokens.

I just hope that SHFL token will be consistent on buy back since this is the part which many casino with utility tokens failed to deliver. I’m excited to get my airdrop token on March.

For the moment specifics stay unclear and it would be hard to calculate our potential shares accurately anyway, as weight of the bet depends when you gambled it.



Also you can already trade in prepertual markets: https://app.aevo.xyz/perpetual/shfl ( at the time of writing trading in $1.33)

And since we know initial circulating supply, that is 71,126,984.56 SHFL, we can speculate with the real token price. With marketcap of rollbit token for example, price of 1 $shfl would be around $5.7. But it's anyone's guess as we would also have take into account the impact of token issuance / burning rate, which can vary.

Noah also mentioned that shfl tokens lost in wagering won't be turned into usdc or usdt and used as sell pressure. Even though my airdrop size is peanuts, and i don't have enough money to compete in airdrop race, i will be buying this from the markets and trust that the price will be rather cheap at the start.

I am skeptical that price growth would correlate with rest of the altcoin bull market, as it didn't with Unu Sed Leo, as they didn't even have inflationary tokenomics, and they were very slow to grow, but we'll see. And i don't think price would crash either, unless for some reason shuffle changes tokenomics radically. Because as long as site stays active. there will be buy pressure.

[Haunebu]

You are not alone in the delusion of not understanding what Abitrage betting is and how effective or in effective it is,  and what are it rules in aiding the gamblers to win the bet,  this is much more so to the point that we may consider using that mechanisms to stay ahead in our bets,.

I think one will need to have an extra read about abitrage betting or the concept because the tool is not only availability in gambling alon but also in trading,  so it worth the search to see what it real meaning is and what are it effects.

It's not as complicated as you guys think. Arbing is basically betting on both sides to acquire a guaranteed profit and this technique can be applied in many areas such as gambling, trading etc.

I have personally done it successfully in gambling only and it feels great to earn risk free money, but it's not some sort of perfect strategy and has its limitations.

[Wind_FURY]

You are not alone in the delusion of not understanding what Abitrage betting is and how effective or in effective it is,  and what are it rules in aiding the gamblers to win the bet,  this is much more so to the point that we may consider using that mechanisms to stay ahead in our bets,.

I think one will need to have an extra read about abitrage betting or the concept because the tool is not only availability in gambling alon but also in trading,  so it worth the search to see what it real meaning is and what are it effects.

It's not as complicated as you guys think. Arbing is basically betting on both sides to acquire a guaranteed profit and this technique can be applied in many areas such as gambling, trading etc.

I have personally done it successfully in gambling only and it feels great to earn risk free money, but it's not some sort of perfect strategy and has its limitations.

The biggest limitation might be the arber needs a large amount of capital because it's a strategy with very small profit per bet. I believe most of the profit are mere cents to the dollar. Plus another limitation is, you risk being limited by the casino, or probably also get banned because arbitrage strategies are not actual betting/gambling, it's an exploitation of the odds' inefficiencies between casinos. ¯\_(ツ)_/¯

[Haunebu]

The biggest limitation might be the arber needs a large amount of capital because it's a strategy with very small profit per bet. I believe most of the profit are mere cents to the dollar. Plus another limitation is, you risk being limited by the casino, or probably also get banned because arbitrage strategies are not actual betting/gambling, it's an exploitation of the odds' inefficiencies between casinos. ¯\_(ツ)_/¯

I partially agree with you here. It is true that the profit margin is very small and you can acquire any meaningful gains by betting big amounts most of the time, but there are some rare opportunities where you can make a killing if you spot them.

Also, getting banned for arbing is quite rare which is why it's a safe strategy though the risk of getting limited is way higher in comparison.

[BlackBoss_]

They are risk free as long as they can withdraw. In most cases, they get pass in the first few attempts, that's what I have seen in most cases here in bitcointalk. And once they get caught, they come up with shit stories and try forcing the casino to pay them.

I read those stories too and perhaps in most cases, they got benefit from what they cheated even if they failed to force casino to pay them in the last time. Even without payment for their deposit in the time of account termination, they were still in profit.

Nevertheless, I think risk actually exists that if they get caught for a second time, maybe they will be in loss. It makes sense that casinos usually detect their suspicious arbitrage betting style only after some big withdrawals.

[ultrloa]

They are risk free as long as they can withdraw. In most cases, they get pass in the first few attempts, that's what I have seen in most cases here in bitcointalk. And once they get caught, they come up with shit stories and try forcing the casino to pay them.

I read those stories too and perhaps in most cases, they got benefit from what they cheated even if they failed to force casino to pay them in the last time. Even without payment for their deposit in the time of account termination, they were still in profit.

Nevertheless, I think risk actually exists that if they get caught for a second time, maybe they will be in loss. It makes sense that casinos usually detect their suspicious arbitrage betting style only after some big withdrawals.

Some of them are in profit its because sometimes the casino catch those people doing it so late and they enjoy a lot of what they are doing.

Maybe the people complaining regarding and create stories or bothering the Ann thread of the casino are those people who didn't earn yet then their funds has been confiscated due to said illegal activities has been done.

Much really better for those people not to think about doing it since there are ways that these casino will find out about their shady practices. If they want to bet then they do it without taking advantage of the system since if they do the same or other illegal act for sure they would encounter a issue and there's a chance that there funds will be confiscated by the casino operators.

[Beparanf]

Some of them are in profit its because sometimes the casino catch those people doing it so late and they enjoy a lot of what they are doing.

Maybe the people complaining regarding and create stories or bothering the Ann thread of the casino are those people who didn't earn yet then their funds has been confiscated due to said illegal activities has been done.

Much really better for those people not to think about doing it since there are ways that these casino will find out about their shady practices. If they want to bet then they do it without taking advantage of the system since if they do the same or other illegal act for sure they would encounter a issue and there's a chance that there funds will be confiscated by the casino operators.

Most of the time. Bitcointalk is now being use as last resort to recover their profit from this kind of strategy through pressuring the casino to release the funds by providing a narrative that looks like they are just doing normal bet. Their bet will obviously look normal since they are providing screenshots of their bet on the casino they have problem but the problem is underlying with the connection to different casino that they use.

It’s just tiring to give sympathy to the victim base on initial data then later on turns out that the user is involved on sure bet strategy.

[panjul07]

https://shuffle.com/sports/promotions/sports-odds-challenge

Just noticed the sports odd challenge is still there but the odds to beat is bigger now, it was 600+ now it is 900+ (close to 1000).
Does it mean that once a player beat the odds, then the odds made the player who beat the first odds is used for the next challenge?
I'm not sure how many winners are already won this challenge but maybe there were few winners that's why the current challenge is already above 980.
If what I think is true, means that it is like continuous challenge where once there is someone beat the early challenge then a new challenge is opened.

[Mahdirakib]

~snip~

Yep, this is a continuous process and the targeted odds will be replaced with the new big winning odds. The rules are mentioned in the promo

Be the first sports bettor on Shuffle to beat our previous, highest sports odds of 987.60, and you’ll instantly be rewarded $2,500!

The targeted odds may reach around 10k if they keep the promo active for a long time. There are a lot of bettors who like to try their luck on a big parlay bet. The $2.5k extra reward should attract the bettors more. AFAIK, you are not good at sports betting. Do you have any plan to beat the highest odds there?

[Taskford]

Some of them are in profit its because sometimes the casino catch those people doing it so late and they enjoy a lot of what they are doing.

Maybe the people complaining regarding and create stories or bothering the Ann thread of the casino are those people who didn't earn yet then their funds has been confiscated due to said illegal activities has been done.

Much really better for those people not to think about doing it since there are ways that these casino will find out about their shady practices. If they want to bet then they do it without taking advantage of the system since if they do the same or other illegal act for sure they would encounter a issue and there's a chance that there funds will be confiscated by the casino operators.

Most of the time. Bitcointalk is now being use as last resort to recover their profit from this kind of strategy through pressuring the casino to release the funds by providing a narrative that looks like they are just doing normal bet. Their bet will obviously look normal since they are providing screenshots of their bet on the casino they have problem but the problem is underlying with the connection to different casino that they use.

It’s just tiring to give sympathy to the victim base on initial data then later on turns out that the user is involved on sure bet strategy.

Well those people will not succeed especially if they create fake narrative since people are not so lame to believe on all stories they read online. That's why this people will easily get eliminated by being exposed on recent suspicious activities that have been done that's the reason why they are been compromised. Its really tiring to give sympathy to abusive people since if they are granted with any things they like for sure they do this again and disturb other more casino since this people would think that they can do it on other casino if they post the same if they had been caught then their money got confiscated.

Much better not to feed them with attention since they might like the people reaction base on the accusation they posted so the best thing to do is to ignore them.

[dimonstration]

https://shuffle.com/sports/promotions/sports-odds-challenge

Just noticed the sports odd challenge is still there but the odds to beat is bigger now, it was 600+ now it is 900+ (close to 1000).
Does it mean that once a player beat the odds, then the odds made the player who beat the first odds is used for the next challenge?
I'm not sure how many winners are already won this challenge but maybe there were few winners that's why the current challenge is already above 980.
If what I think is true, means that it is like continuous challenge where once there is someone beat the early challenge then a new challenge is opened.

This is indeed great promotion not only because the rewards is high but rather the minimum bet is low for 900+ odds target that is first come first serve basis. I’m not a sport bettor but I can say that this a very fair competition to everyone including small bankroll gambler with 100$ balance.

I’m not how long this challenge will stay but I think Shuffle will be more consistent on this since they always provide challenges on their slot games frequently once the existing one already claimed with same level of prize rewards.

[panjul07]

AFAIK, you are not good at sports betting. Do you have any plan to beat the highest odds there?

You are absolutely correct, I'm not good at sports betting but I was better few years ago especially for football 
I tried this challenge earlier when the odds to beat was 600+ by making around 15 bets but no luck to win.
I may try it again, as long as there are some matches that I know a bit then I can make some combination parlay bets.
This is something worth to try but I should have a limit on how much to lose ofc.

[Wind_FURY]

https://shuffle.com/sports/promotions/sports-odds-challenge

Just noticed the sports odd challenge is still there but the odds to beat is bigger now, it was 600+ now it is 900+ (close to 1000).
Does it mean that once a player beat the odds, then the odds made the player who beat the first odds is used for the next challenge?
I'm not sure how many winners are already won this challenge but maybe there were few winners that's why the current challenge is already above 980.
If what I think is true, means that it is like continuous challenge where once there is someone beat the early challenge then a new challenge is opened.

This is indeed great promotion not only because the rewards is high but rather the minimum bet is low for 900+ odds target that is first come first serve basis. I’m not a sport bettor but I can say that this a very fair competition to everyone including small bankroll gambler with 100$ balance.

I’m not how long this challenge will stay but I think Shuffle will be more consistent on this since they always provide challenges on their slot games frequently once the existing one already claimed with same level of prize rewards.

It's actually more than fair. It's +2.5x fair to be exact if we start counting for the odds to beat at 1000. Pardon me if I'm wrong, but my understanding is there's 0.1% implied odds to break even if the odds to beat is 1000. But with the $2,500 offer, it makes 0.1% implied odds to win a $3,500 a steal. To simplify, you need to bet 1000 times of $1.00 bets to break even at 0.1% implied odds. The prize offer of $2,500 gives the user 2,500 more opportunties to chase the prize.