[Sport] Arbitrage betting

[Merit.s]

Just checked the link you drop here and the Arbitrage betting of a thing is already looking too good to be true and I can't endulge myself because I believe nothing is always easy and cheap. I think people that will go into this the most are those folks that are very greedy and also people that can risk as much as possible just to get something in return but sometimes taking risk doesn't mean one will  get something in return and it doesn't also mean one will definitely be profitable. Even though I am looking for a better strategy and skills I can't go for such.

Any gambler that has been betting for long knows what Arbitrage betting is all about and wouldn't involve himself in such bet due to the consequences attached to it if you're caught by the casino.

Only new gamblers that don't know the harm Arbitrage betting can cause them will be the ones using it thinking it's a good strategy. I don't bet on Arbitrage betting because I don't want to have my account blocked. It's good to keep to the casino rules.

[OgNasty]

I’ve used arbitrage strategies when betting on sporting events before, but it is typically to take advantage of an opportunity that has opened up and not as a strategy I try to apply to my bets. Every once in a while though an injury or wild swing of luck will present a great arbitrage opportunity to profit from.

[Rubuchi]

There were some arbitrage betting threads before in the forum, just like this one.

Learn How To Arbitrage and make thousands a month

But recently I dont see active arbitrage threads anymore, except for discussions like this. Maybe that already tells us fewer people are making money from it now. If you ask me if arbitrage betting is still worth it, I would say no. It needs a big bankroll because the profit is only a small percentage, and you dont find many good opportunities either.

Just checked the link you drop here and the Arbitrage betting of a thing is already looking too good to be true and I can't endulge myself because I believe nothing is always easy and cheap. I think people that will go into this the most are those folks that are very greedy and also people that can risk as much as possible just to get something in return but sometimes taking risk doesn't mean one will  get something in return and it doesn't also mean one will definitely be profitable. Even though I am looking for a better strategy and skills I can't go for such.

the arbitrage betting thing may still probably work for few experienced bettors but I don’t think arbitrage is for the average person or gambler out there, so I would rather recommend that we spend time developing better betting discipline or learning other investments skills and strategies. I don’t think that arbitrage betting is actually too good to be true but casinos like it has been mentioned are smarter now and more advance so you can just play an advantage of differences in odds between these bookmakers because I think these bookmakers are more conscious about restricting accounts that are caught using arbitrage consistently

[EluguHcman]

If you have used arbitrary strategy to bet on sport matches before and you were making money from it, which sport did you choose and made profit from?

In football, have you been making money from arbitrage betting?

I do not mean in one match, I am talking about a long period of time of several bets.

What I noticed is that the profit in arbitrage betting can be little, but the risk is higher than single betting without arbitrage.

Are you asking to know based on our experience or if football game particularly is profitable on arbitrary betting strategy?
If i get it correctly, I think this is inclusive to almost all sport games included football but bookmakers seems to allow it mostly in tennis games mostly.

I have also made luck on few wins but I was not able to cover my capital due to odds changes based on the times I pushed the other bets.
It is thought less riskier strategy than you tried to compare with it with the speculative strategy because you are covering your loophole from the other bet payouts which is also why the profits may be little.

[Grace333]

I'm not a fan of arbitrage betting because I feel it's too complicated and exhausting. Imagine attempting to open several casino to make bets when you can just do that with one casino, the strategy doesn't seem solid as well because even if you bet on conflicting options chances are that the smaller odd may win the bet. I don't think anyone can outsmart the system no matter the strategy you implement it still can't make you automatically profitable, luck always finds its way to settle the dispute between win and loss.
The strategy is not worth my time and effort.

[Oshosondy]

Are you asking to know based on our experience or if football game particularly is profitable on arbitrary betting strategy?
If i get it correctly, I think this is inclusive to almost all sport games included football but bookmakers seems to allow it mostly in tennis games mostly.

Not based on just experience, although I think the experience should be about what you have done before. So it is about if you have gone for arbitrage betting before and make either profit or losss from it.

I'm not a fan of arbitrage betting because I feel it's too complicated and exhausting. Imagine attempting to open several casino to make bets when you can just do that with one casino, the strategy doesn't seem solid as well because even if you bet on conflicting options chances are that the smaller odd may win the bet. I don't think anyone can outsmart the system no matter the strategy you implement it still can't make you automatically profitable, luck always finds its way to settle the dispute between win and loss.
The strategy is not worth my time and effort.

I think using three gambling sites for it is enough. When I tried it, I did not use more than three gambling sites for it and most of their odds are similar with slightly little differences.

[Grace333]

I'm not a fan of arbitrage betting because I feel it's too complicated and exhausting. Imagine attempting to open several casino to make bets when you can just do that with one casino, the strategy doesn't seem solid as well because even if you bet on conflicting options chances are that the smaller odd may win the bet. I don't think anyone can outsmart the system no matter the strategy you implement it still can't make you automatically profitable, luck always finds its way to settle the dispute between win and loss.
The strategy is not worth my time and effort.

I think using three gambling sites for it is enough. When I tried it, I did not use more than three gambling sites for it and most of their odds are similar with slightly little differences.

Using 3 gambling consecutively just for a strategy still seem like alot to me irrespective of the fact that you're betting on thesame game. And if I may ask what's your profit margin like compared to loses? In Percentages..
Well this might be a great strategy for you but due to my nature of being time conscious I choose to be conservative when making my decisions especially when my strategy works well for me.

[Makus]

Finding arbitrage opportunities in betting has become more difficult than it has ever been and when it comes to this topic a lot of people only have an idea about it but not everyone has actually tried or has an experience with it. If I'm not mistaken this is taking advantage of the error between two bookmakers and this are obviously loop holes that the bookmakers cannot be really careless about. Another thing about this system of betting is that It is not really sure the Way some people think, you might still end up losing, it's all about luck.

[acroman08]

For me, sports arbitrage is not really worth it anymore. Too much effort, small profit and there is still a chance your account gets limited.

This is what I thought too.  I haven't really used the strategy, but I've read about it and have seen gamblers create threads on the scam accusation board complaining about how their account was limited and then suspended and their funds confiscated because of arbitrage betting. But then again, I've also seen a lot of posts online talking about how they made thousands of dollars before being limited or, as I mentioned before, being suspended from a sportsbook. So, there are people who think the risk and effort are worth it.

[Youngrebel]

I'm not a fan of arbitrage betting because I feel it's too complicated and exhausting. Imagine attempting to open several casino to make bets when you can just do that with one casino, the strategy doesn't seem solid as well because even if you bet on conflicting options chances are that the smaller odd may win the bet. I don't think anyone can outsmart the system no matter the strategy you implement it still can't make you automatically profitable, luck always finds its way to settle the dispute between win and loss.
The strategy is not worth my time and effort.

For arbitrage betting you just need two casinos or bet sites alone unless you are trying to say that one has to search different casinos to be able to get the loop hole or error to bet on but that's almost impossible to find or detect on your own. A lot of times these arbitrage games are given out or found on some sites people register to.

A lot of people say that there is a software that generates or gets arbitrage games but I don't exactly know if that is true or false but I think that your reason is valid for this strategy to not be really worth your time and efforts.

I would rather just place a simple bet either to end up winning or losing, whichever outcome I get I don't really mind because I know that betting is a game of wins and losses.

[Darker45]

I've made good money before, doing arbitrage during NBA playoffs, but not the kind that most arbitrage bettors may be doing. I didn't play with the odds of different betting platforms. I played with the odds of betting platforms versus the odds in the neighborhood.

Betting is usually just 1:1 in the streets. If there are handicaps, the odds of which are normally far from similar to the ones offered on betting sites. It's funny how I even got my friend, who acted as my agent, confused because I gave him tips regardless if our bets were losing or winning.

[FinneysTrueVision]

I don't think anyone can outsmart the system no matter the strategy you implement it still can't make you automatically profitable, luck always finds its way to settle the dispute between win and loss.
The strategy is not worth my time and effort.

Technically you can outsmart the system, but because you are guaranteed to lose one of your bets, you are only making a small profit. For arbitrage betting to be worthwhile, you have to do a lot of bets. I would think that at some point casinos might start to notice some irregular patterns and will restrict your account or ban you.

With automated software to monitor odds, it takes a lot of the effort out. This software isn’t cheap though, and you still have to deal with potential account restrictions, so it isn’t something that I would try doing on a serious level.

[TedMosby]

[...]
What I noticed is that the profit in arbitrage betting can be little, but the risk is higher than single betting without arbitrage.

Yeah, almost everything I've read about arbitrage uses examples where the bettor places a huge stake to secure a very small profit. Some examples also use unrealistic odds that are unlikely to exist in real betting markets. I've never seen what I would consider good arbitrage opportunities, so I've never had the chance to try it. Either I'm just not digging deep enough into the markets, or my understanding of arbitrage isn't good enough. In this case, I assume, and most likely, it's the second one.

The only strategy I ever use in sports betting is a variation of the Lay the Draw strategy. I look for what I think is a "promising" match, place a bet on "Not a Draw," then wait for a goal. After that, I place a bet on X/1, X, or X/2, whichever offers high enough odds for me to lock in a profit regardless of the final result.

[Oshosondy]

the arbitrage betting thing may still probably work for few experienced bettors but I don’t think arbitrage is for the average person or gambler out there, so I would rather recommend that we spend time developing better betting discipline or learning other investments skills and strategies.

Betting is even not an investment all all, this is good to be known. I only gamble with the amount of money that I can afford to lose. I only asked the question to know if truly some people have been making money from arbitrage, but this should not still change the stance that people should only gamble with the amount of money that they can afford to lose.

[$crypto$]

Finding a good odd with much difference on two different casinos is always the biggest challenge with arbitrage betting, because I have tried it once on Sport games and it wasn't profitable, simply because almost all the odds on different casinos seem to be almost the same, with no huge difference for both side. Making it impossible to be profitable even when you have a large amount of money as your budget. So if there is anybody who have been profitable with arbitrage betting, I will also be glad to know how they are going about it, because to me, it was never worth it.

At least the difference in odds from bookie to bookie 0.1 to 0.3 is no higher for now, it is rather difficult to benefit from small percentage arbitrage bets.

I have seen on several platforms that provide odds comparisons, it turns out that there is no significant difference, moreover this is a matter of betting profits are very small, in contrast to arbitrage trading it can be profitable.

Or are there people using bots to track big odds?

[Agbe]

Arbitrage betting is a risky I will tell anybody who want to try it out to avoid it because it make you lose more. It's better you maintain a normal single game on one gambling site than trying in different gambling site just to capitalize on the odd different, sometimes the odd you get is even worth the risk itself. It's better you try single game on one site, I it lose then you move on. I have not benefited from it and has never seen anyone around me that benefited in a long time.

Single bet is the best because even you loss, it is once but in the arbitration bet, you loss bigger and risk higher and if you win it is smaller so what is the need. Though there is always a possibility of winning but in the contemporary casinos things have changed so to win is not as easy as before again. People are winning as the Op and others have said it is not encouraging.

[Bright0515]

This system of betting does not really Make any sense to me because I don't really like the idea of splitting your bets and then using two different casinos, there's no clear proof that this has put anybody in profits so I don't really think that it is a wise idea to Rely on it. Basically, arbitrage betting has to do with comparing the odds of two different bookies and looking for an arbitrage opportunity.

I don't think that this is something I would do because it is stressful compared to just making a normal bet, I cannot spend all day searching for games that has an error in the odds arrangements, this is a lot stressful than people think.

[DPHOR]

As I know most of the gambling site or sportsbookie highly frowned against using arbitrary betting or any of the methods that could enhance their gambling winning.
One thing about most betting site is that whenever a gambler keep winning for a certain period of time or for a long duration you would see them trying to monitor your account closely, either for checking if the said user has a linked account or multiple, checking of arbitrary betting on the gambling site and whenever they found nothing they wouldn't mind adjusting their terms in other to penalized the said gambler so that he wouldn't have to that regular winning anymore.

[Alphakilo]

This system of betting does not really Make any sense to me because I don't really like the idea of splitting your bets and then using two different casinos, there's no clear proof that this has put anybody in profits so I don't really think that it is a wise idea to Rely on it. Basically, arbitrage betting has to do with comparing the odds of two different bookies and looking for an arbitrage opportunity.

I don't think that this is something I would do because it is stressful compared to just making a normal bet, I cannot spend all day searching for games that has an error in the odds arrangements, this is a lot stressful than people think.

I totally see sense in your conclusion because I feel same way too.
If gambling is supposed to be for fun and entertainment, I wonder why I would have to stress my brain with knowing what identical market have across the platforms I choose to use and also how much more cost per capital , I would require and why I must need to be aware of the different bookmakers limits within the time frame of betting, when i could easily just bet on a few selections or play my favorite slot game and still have a feel of the excitement of taking a risk with my money.
Afterall the loss is same and may even be more with such an arbing strategy of gambling.

[Joeboy]

~snip

Single bet is the best because even you loss, it is once but in the arbitration bet, you loss bigger and risk higher and if you win it is smaller so what is the need. Though there is always a possibility of winning but in the contemporary casinos things have changed so to win is not as easy as before again. People are winning as the Op and others have said it is not encouraging.

In one single bet, folks are betting on a particular outcome and if they are wrong they can lose the whole money that they stake...I think this is even where losses may very well be higher, because you are very well depending on just one particular outcome... However in the case of Arbitrage betting, I know for sure that higher capital is involved, but then again I don't really think the loss may be much when compared to a single bet... And that's coz in Arbitrage betting, the gambler  is very well spreading his money across different outcome and bookies, and when that is the case, there is quite the possibility of folks making some potential profit regardless of the size of that profits..