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Soccer, Horses, and MBS/RWS talk With the IRs up and running, what better place to exchange tips and techniques on how to tip the odds in your favour! [Please note that with the passing of the Remote Gambling Act, Internet gambling links and Adverts are no longer allowed in this section.] |
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#16
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Re: Sports Arbitrage
Someone also asked me how many bookies they should start with.
I don't use AGENTS period. I know that is probably going to incur some agents anger but that is not how I do it. Though ARBS are almost risk free, it is a counter party issue, which means in order for it to work, the parties involved must be LEGIT and PAYOUT. So that is why I seek out bookmakers who have licenses and not go through an agent. You can check if the bookmaker is legit by doing some r&d on them.
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#17
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Re: Sports Arbitrage
Someone asked me if this is a silver bullet to make money fast. I would say it is a silver bullet if you are looking for better ROI. Not every business makes money, but with this skill set, you are basically ensuring that your capital works harder than you and that you can keep up with inflation. Rough rule of thumb is you normally generate about 10-20% per month. 20% being super lucky. There will be periods whereby your funds are just sitting inside the bookmaker and not doing anything. But there are times when your funds are making you more than 1% and up to about 4-5% daily.
So that is something you will need to consider as you start arbing
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#18
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Re: Sports Arbitrage
Look at French Soccer
Event Date: Sat February 1, 2014 at 20:59. Event: RC Lens versus Laval 1. Go to Pinnacle Sports and look for RC Lens at 2.23 odds on Asian Handicap (-1). 2. Place $454.80 on RC Lens. 3. Go to MarathonBet and look for Laval at Asian Handicap of (1) at odds of 1.86. 4. Place $550.00 on Laval. Winnings will be 9.40 & 18.20 respectively. If you follow my steps exactly, if you do not win or lose, come and look for me. If you have found my tips useful, all I ask is that you up me.
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#19
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Re: Sports Arbitrage
Happy New Year to all brothers.
Had a great start to the Chinese New Year. Since Thursday I have made over 4k in 3 days. Huat to all you brothers.
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#20
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Re: Sports Arbitrage
Seems like a few brothers have pm me about this.
Is it possible to earn $100 per day? Can you earn more than $1,000 per day? The answer is yes. You can earn more than $100 per day. It is very easily done. Can I earn more than $1,000 per day? The answer is also yes. The question really is how much is your capital that you are staking and how fast can you realize those arbs. To make $100 per day, that works out to be 3k a month. The capital needed would be roughly about 18k thereabouts. 1k per day is possible but you will have to pump through more cash through the system that is all. Like I said, it is supposed to be RISK FREE, however, this means both bookmakers must payout. So it is a counter party issue really.
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#21
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Re: Sports Arbitrage
I am going to be upfront.
Is it possible to make millions with sports arbitrage per year? The answer is technically, it is possible, but you will need to have a lot of back up to make that happen. However, I have shown from my own example, that I can make anywhere between 250k to 450k per year. A realistic goal is to expect 8-12% return on investment per month. Even property investment does not give me that type of returns, so I am happy with my current returns. Having said that, property investments are good but they are currently overpriced, and so I will just keep on doing what I do anyway at the moment. Another thing that has been lucratitive previously was doing google arbitrage. That is another huge beast altogether, but now it has died. I knew of at least 2 companies that made 50 million a year doing nothing but google arbitrage. So really do keep an open mind.
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#22
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Re: Sports Arbitrage
Hi bro, firstly I am curious what arbs program u using coz I Blv u depends on the program to get the arbing right? And I'm quite sure after sometime all this bookmaker will start to limit ur bet limit alr right? Could be as fast as even after few bets they would start to limit ur bet limit
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#23
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Re: Sports Arbitrage
Quote:
You are correct, some of the bookmakers will start to limit the bets. However, there are other ways around it. Use betfair for liquidity if you need to. One way of telling if u are arbing is you are in SG but betting on games like in Iran etc. That is a big big give away. So try to concentrate on bigger games.
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#24
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Re: Sports Arbitrage
Quote:
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#25
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Re: Sports Arbitrage
am interested to learn. however am not sure if that easy, cause think the market should be rather efficient in correcting the odd and the hard part is with identifying the pair that could be arbitraged fast enough before other know about it. Also, what the optimal betting site you will recommend one to start with? Thanks!
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#26
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Re: Sports Arbitrage
Quote:
One obvious reason which a lot of newbies starting out miss is that bookmakers already "ROUND" their books, so it does not matter if you arb or not; they don't lose money. Which now leads to this. If Bookmaker A has already rounded his/her books, then it maybe a marketing ploy to basically get you to play sportsbooks in the hope that you will play their casino games. Basically a marketing strategy. Eg, they lose maybe $20-$50 by offering you higher odds but you may lose your entire capital bankroll in the casino games they offer. In most markets, it should be efficient in correcting odds. That I concur. However, like I mentioned above, marketing maybe a reason why odds occur that way. A optimal stake in a match without causing too much disruption is around 3K-5k thereabouts. At 1%, this does not sound like much, but always look in terms of multiples times you are repeating the cycle. Like I mentioned before you can get softwares to do the arbing calculations for you. They are quite ok, but I customized my own because I knew what I wanted and could get better value long term. Hope my answer helps.
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#27
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Re: Sports Arbitrage
Let's take the two big boys of Internet gaming, SBOBet and IBC.
Let's assume that they have different odds for two different teams, in order for an arb to occur, both SBOBet and IBC must have selected a different winner to win. The arb normally is about 1-5% depending on how SBOBet or IBC rounds its books. But it may not be very obvious to you. Now, let's say you are placing bets with AGENTS here on SBF, if you come across opportunities like this, bet on both SBOBet and IBC if they offer and you will surely see at the end of the day the agent's complaining on how you play. Not because u have done anything wrong, but because u have SUCCESSFULLY done turnover with them and that is what I call Bonus Bagging and thus owe you a bonus on both ends of the game. The AGENTS here hate it for sure.
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#28
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Re: Sports Arbitrage
I had a few brothers pm me about sports arb and indicating their interest to know more. I don't have a problem sharing, but sometimes their pm storage is low.
So for those brothers who do not have enough storage, please go ahead and type your response here. I will try hard to reply your message here.
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