Topic: 100% risk-free profit on your BTC [Free Surebets] - page 3. (Read 3760 times)

Thanks for posting this tool, very interesting thread (aside from the sig spam), I had never heard about arbitrage on sportsbetting before.
I'll see if I can find some myself, pretty easy money without much effort

You look like a total idiot because you did not read the thread.

Great thread OP, I just saw it .. I will follow next bet for sure, keep the good work ! ^^

Dont have Btc? Give a good collateral and get loan.

Yes this may happen if the odds change while you are placing the bet. Still, I guess they didn't change too much, so you can still have a profit.

Good arb OP, i was a little too late to the party. You can also subscribe arb alerts at http://www.bitedge.co/sports-betting-tools-and-resources/bitcoin-betting-arbitrage-alerts/

Armenia beats Guatemala 7-1... Not that it matters. But that was a crazy score. You know what it reminds me of? #71NeverForget. Brazilian/German fans will understand . When's the next arb OP?

@monbux  the odds dropped while you were entering your bet. As your selected odds were higher than the best offer on the market, it was placed as an open bet.  This happens from time to time at any exchange.

This is what the un-fairlay sportsbook told me after I tried placing my bet:

Your prediction did not have a match, so it remains as an open prediction. Other players can now place predictions against you or you can cancel it in My predictions.

What???  I didn't even set the odds, I clicked it as it was offered...

Crap just realised that I made a huge mistake. I mixed up 2 and X thinking that the betting list's format/order going down in Fairlay was 1X2. So I only have an arb of 4%. But I'll be looking forward to your future tips.

$8 profit without risk is not bad at all Glad to see someone is using those arbs.

Arbs at best for fiat sportsbooks last 20-30 minutes, but it is usually lower because there are tons of programs, and services for fiat arbing so it's not that great. The 2 arbs he posted are hours old, and they are still working because the odds haven't changed that much, because there isn't that much volume. I managed to place a bet on the Asian handicap one, which guarantees me a profit of 0.016BTC. Not bad, considering I bet only ~0.26BTC for it and that it is risk free. I didn't do the original arb though, because there is a lot of unmatched mBTC on fairlay for ML bets.

Because there are already services that do this for fiat currency sportsbooks, and the arbs disappear almost instantly because there is too many people using those services, so it is quite hard for someone to take advantage of an arb. With BTC, there is no such service, so it is much easier get a great opportunity.

Here is another arb for you guys

ARB with profit : 6,486%! Guatemala (n) vs Armenia
Bet 29,375% of your capital at 1(3,625) here : https://www.fairlay.com/event/category-decimal/soccer2/all/match/?page=1
Bet 37,181% of your capital at 2(2,864) here : https://nitrogensports.eu/sport/soccer/international-friendlies
Bet 33,444% of your capital at X(3,184) here : https://www.fairlay.com/event/category-decimal/soccer2/all/match/?page=1

And kindoff the same bet in an Asian Handicap format:
HANDICAP ARB with profit : 6,521%! Guatemala (n) vs Armenia
Bet 62,807% of your capital at Guatemala (n) +0.5(1,696) here : https://www.fairlay.com/predict/registered/new/guatemala-n-vs-armenia-14/
Bet 37,193% of your capital at Armenia ML(2,864)  here : https://nitrogensports.eu/sport/soccer/international-friendlies

OP, why don't you try this with fiat sportsbooks? They usually have higher odds, thus increasing your $$$ profits.

Nice arb that you found. Odds dropped a little bit, and the ROI is now 6.69%. Still worth it though, and I'm going to be following this as soon as my deposit confirms. Stupid slow blocks :/

Edit: Fairlay sucks. My deposit has confirmed 7 times - They state that it will be added 5 minutes after the first confirmation.

Thanks to the people who actually read my replies and didn't just copy-paste a "this is a scam" message.

Here is another big arb I found. Free!

ARB with profit : 7,148%! Guatemala (n) vs Armenia
Bet 29,558% of your capital at 1(3,625) here : https://www.fairlay.com/event/category-decimal/soccer2/all/match/?page=1
Bet 37,412% of your capital at 2(2,864) here : https://nitrogensports.eu/sport/soccer/international-friendlies
Bet 33,03% of your capital at X(3,244) here : https://www.fairlay.com/event/category-decimal/soccer2/all/match/?page=1

Hello,

I am interested in your offer.I can pay you 2mbtc per surebet match you found for me.
Also if you want we can use a escrow and make a pool for big profit.
I wait for a PM.You can find daily surebets?

Annoying to see how many of you guys are dismissing each reply that this guy makes.

Points

1. It's not an investment (Go figure - it's gambling plus he's not asking you to put money into a single company so you know he isn't a representative of such)

2. He's not asking you guys to transfer any Bitcoins to him

3. He's not sending out any referral links

4. Again, he's not asking you to invest in anything and he's not asking you guys to send money to him

I'm not validating any of the information that he's suggesting (yes - he was giving free advice) to be true but it's rather disappointing to see how much of you guys are quick to jump the gun without reading the content of his original post nor that of his replies.

Shamefur dispray by shamefur signature spammers.

This is both true and false at the same time.

Sportsbooks know about arbing, and some times take advantage of it. The main goal of a bookmaker is to keep their books balanced (meaning all sides of the bet are equally favored) so they can make a profit (their profit can be calculated if you add all their odds together. you end up with a number greater than 100. if you subtract 100, this is their profit margin) no matter the outcome.

So, when they have an unbalanced event, they raise the odds of the unbalanced side (sacrificing some of their profit) and rely on arb finders to detect this change in odds and drive bets to this side of the bet.

Yet, bookmakers related to fiat currency have been know to arbitrarily ban some people simply because they are winning often, so the bookmaker is losing. On fiat bookmakers this is a huge problem due to verification. Each account must be verified by providing ID or other official document and proof of address. So, if you get banned (they don't keep your money, they just pay you everything and close your account), you cannot re-open an account because you will not be able to verify it. Yet, most BTC sportsbooks are anonymous, meaning you can open an account just using your e-mail, so even if you get banned (which I haven't seen anywhere happen yet), you can re-open a new account in seconds.

As for the software, there are indeed many arb-detecting services for fiat currency sportsbooks and they have thousands of customers. This makes it hard to grab a good opportunity because other people may be faster and the odds will get adjusted fast.
To the best of my knowledge, there is no such service for BTC sportsbooks. I have been working on mine for quite a while now, and I will soon start to monetize it (either by selling subscriptions, or by keeping it private and try to find investors to lend me large sums of money in order to take advantage of the arbs and make them a profit and myself a cut).

Sadly sports books hate arbers,  and would ban or limit you to peanuts. The thing you have to understand about arbs are that you are always taking the best prices possible or tapping the odds when they are out of line. Op I am very interested in your software. Pmed you.