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Topic: Arbitrage betting tips - page 3. (Read 870 times)

member
Activity: 511
Merit: 11
February 01, 2023, 06:54:08 PM
#23
Well done, I didn't pay attention to him even though I saw a big arbitrage. but I bet live and took to 1k. good info gave
member
Activity: 511
Merit: 11
February 01, 2023, 02:30:36 PM
#22
When I was playing arbitrage, I had set the system to a minimum of 3 percent, but in reality I was playing at least 6-7 percent arbitrage
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 01, 2023, 02:14:43 PM
#21
You should have stated how risky arbitrage/matched betting is and warned gamblers properly as I mentioned earlier op. Some people clearly don't know much about it and could end up getting limited in some markets or losing their accounts.

Pinny/Betfair won't limit accounts, but crypto books will 100% do it once they find out that you are arbing. Tip: Do your research people!

How will they be able to find it out? Could you elaborate please? I thought that bookies don't share information about their users (is it even legit?). How exactly it happens?

I also want to know the details, I have spent money on some things, like arbitrage there are some bots that do it, but the profits are microscopic, and that does not suit me, because when a bot is paid it is so that good profits can be obtained but This already gives me a lot of distrust, I don't know much about sports, I only know where the best players like Messi and Ronaldo are, so if there is a bot or someone who does arbitration of this type or with tennis it is also convenient for me, but It would be more credible if you put screenshots with the prediction and then show the after, so it is more credible and convincing.

hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
February 01, 2023, 01:20:56 PM
#20
But I totally disagree for the bigger ones. They are far from only surviving. According to one Stake co-founder, Gambling is nothing less than the killer application of cryptocurrencies.
For your information, the big ones limit gamblers faster than the smaller books. Why? Because they have better arbing detection protocols. This just goes to show how scared they are of arbers which is why this is how they are trying to survive.

How will they be able to find it out? Could you elaborate please? I thought that bookies don't share information about their users (is it even legit?). How exactly it happens?
There are many ways in which they can detect arbers since it's not exactly a new strategy and they have been dealing with them for a long time now.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
February 01, 2023, 11:37:13 AM
#19
You should have stated how risky arbitrage/matched betting is and warned gamblers properly as I mentioned earlier op. Some people clearly don't know much about it and could end up getting limited in some markets or losing their accounts.

Pinny/Betfair won't limit accounts, but crypto books will 100% do it once they find out that you are arbing. Tip: Do your research people!

How will they be able to find it out? Could you elaborate please? I thought that bookies don't share information about their users (is it even legit?). How exactly it happens?
legendary
Activity: 2604
Merit: 2353
February 01, 2023, 07:43:11 AM
#18
With normal beting (gambling) you lose your money longterm. So i think its better to earn some money with arbitrage + bonuses from bookmaker rather than lose money
You are missing the point. Some sites restrict/limit arbers immediately which implies that you will end up earning small profits overall.

Banning users just for being profitable is not a practice that should be tolerated. Sites guilty of that should be ostracised by the gambling community, and we can't blame OP if that happens to anyone.
Arbing isn't something new and sites have been limiting arbers from a long time now which makes sense since they don't want to hand out free money. They are trying to earn and survive too at the end of the day.
I agree with you for the smallest or the newest ones, they just try to "survive" at the end of the day as you say. But I totally disagree for the bigger ones. They are far from only surviving. According to one Stake co-founder, Gambling is nothing less than the killer application of cryptocurrencies.

Quote
So big is Stake that its owners claim it accounts for about 7 per cent of total Bitcoin transactions around the world daily (blockchain.com statistics show there are usually 200,000 to 300,000 Bitcoin transactions per day). “People have been trying to find the killer application for cryptocurrency,” says Tehrani. “Well, it’s gambling.”
Quote
Documentation seen by The Weekend Australian Magazine shows that Stake ­customers around the world bet an ­average $US400m ($590m) each day using cryptocurrency – although none of it in ­Australia, where online casinos are banned. The business is set to crack $1bn in profits this year – as much money as supermarket giant Coles makes and three times the earnings of the privately held Chemist Warehouse last year.
https://www.theaustralian.com.au/weekend-australian-magazine/these-men-are-conquering-crypto-but-are-the-stakes-too-high/news-story/11cb0db4257ec9e703e225f1d91a5b8c https://archive.is/0kRLn

And the money they make from their customers is just unbelievable.
Quote
Since the media investigation, 27-year-old Craven has been dubbed the country’s youngest ever self-made billionaire by The Australian Financial Review’s annual Young Rich List. (Tehrani, 29, is a US citizen and precluded from the list but is also estimated to be worth more than $1 billion.) The Coffs Harbour-raised Craven recently splashed some of that cash, breaking the Melbourne house price record in 2022 with his purchase of a Toorak home for $80 million soon after picking up another home in the neighbourhood for $38.5 million.
https://www.smh.com.au/business/banking-and-finance/drake-could-be-key-witness-in-blockbuster-case-about-australian-casino-20230117-p5cd81.html

Quote
We saw a monumental 65+ billion bets on Stake throughout the year (that’s over 2,000 bets every second)
[...]
Here’s an awesome stat that all of us at Stake are incredibly proud of. In December, Stake was responsible for over 5% of global Bitcoin transactions, over 12% of all Dogecoin transactions and over 15% of all Litecoin transactions.
https://medium.com/@edcraven22/a-look-back-at-2022-what-2023-could-hold-in-store-for-stake-our-community-7d0066f02902
newbie
Activity: 72
Merit: 0
February 01, 2023, 04:14:35 AM
#17
By betting on both outcomes of a given event (e.g., Marist total score going under or over 60.5), the bettor can guarantee a profit as long as the sum of the odds is greater than 1. The profit margin is the difference between the odds and 1, expressed as a percentage. For example, in the Marist game, the odds of the under outcome (2.27) and the over outcome (1.813) add up to 4.083, which means that the bettor can expect to earn a profit of 0.80% if they place equal bets on both outcome
newbie
Activity: 2
Merit: 0
February 01, 2023, 01:47:42 AM
#16
Forget the haters and keep up the good work mate! Do you have a telegram channel or discord where you post the picks?
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
February 01, 2023, 12:08:17 AM
#15
You should have stated how risky arbitrage/matched betting is and warned gamblers properly as I mentioned earlier op. Some people clearly don't know much about it and could end up getting limited in some markets or losing their accounts.

Pinny/Betfair won't limit accounts, but crypto books will 100% do it once they find out that you are arbing. Tip: Do your research people!
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
January 31, 2023, 04:34:32 PM
#14
As I see very negative attitude in this thread, I am not sure should I even continue this thread.
Is there any interest in this ?

Please continue, great arbitrage tips, keep em coming. Especially interested in tennis betting tips. AO is over, but there's big WTA tournament in Abu Dhabi coming soon (next week?). Would love to receive some arbitrage betting tips!  Cool
sr. member
Activity: 1400
Merit: 273
January 31, 2023, 08:39:29 AM
#13
I appreciate you sharing this. I once tried this for more than a month, but I gave up because I did not have enough money to make significant gains and we cannot have a hundred percent win rate on arbitrage. However, seeing this without having to pay anything makes it tempting and interesting. Because there are no issues with cryptocurrency and fiat arbitrage trading, I do not think it is wrong for some resourceful and hardworking gamblers to do the same thing in gambling. However, bookmakers are entitled to limit bets when they consistently lose to someone.
copper member
Activity: 207
Merit: 32
January 31, 2023, 05:31:15 AM
#12
I would not advise myself to get involved in such bets. And also the big problem is that bookmakers will place a limit on your account, and then you have already placed a bet with bookmaker A and you can no longer place the required amount with bookmaker B. Bookmakers are known for absolutely not wanting these types of players. There are even known situations where they have closed player accounts. Arbitrage betting also has nothing to do with gambling anymore, in principle it is a form of cheating and it is only a matter of time before you get into trouble with it.

Arbitrage betting indeed is a risk free way of betting. I have been doing that myself for some time. But like you say at the end it can be very risky. In every arbitrage bet there is a risk involved when one of the involved bookmakers changes the odds while placing, do not accept your Betsize,....
Since then I got involved more into valuebetting. Value betting can cause downswings but at the end in the long term it should be profitable cause you constantly beat the closing line value. Only downside on the valuebetting also is that after a while betting restrictions and limitations on several bookies can appear
hero member
Activity: 1778
Merit: 520
January 30, 2023, 01:35:41 PM
#11
I would not advise myself to get involved in such bets. And also the big problem is that bookmakers will place a limit on your account, and then you have already placed a bet with bookmaker A and you can no longer place the required amount with bookmaker B. Bookmakers are known for absolutely not wanting these types of players. There are even known situations where they have closed player accounts. Arbitrage betting also has nothing to do with gambling anymore, in principle it is a form of cheating and it is only a matter of time before you get into trouble with it.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
January 30, 2023, 01:33:20 PM
#10
With normal beting (gambling) you lose your money longterm. So i think its better to earn some money with arbitrage + bonuses from bookmaker rather than lose money
You are missing the point. Some sites restrict/limit arbers immediately which implies that you will end up earning small profits overall.

Banning users just for being profitable is not a practice that should be tolerated. Sites guilty of that should be ostracised by the gambling community, and we can't blame OP if that happens to anyone.
Arbing isn't something new and sites have been limiting arbers from a long time now which makes sense since they don't want to hand out free money. They are trying to earn and survive too at the end of the day.
legendary
Activity: 2436
Merit: 1561
January 30, 2023, 01:17:45 PM
#9
As I see very negative attitude in this thread, I am not sure should I even continue this thread.
Is there any interest in this ?

There sure is. Just came across your thread and will be watching.

Cool thread op, but you didn't mention how arbitrage betting could lead to accounts getting restricted/limited when they get detected for obvious reasons. You should have mentioned that it isn't a risk-free strategy.
...

Depends how you identify the "risk", Is getting banned by a site that allows you to play there, but only if you're constantly keep losing money, a risk? I'd say that's probably an improvement, at least from financial perspective.

Banning users just for being profitable is not a practice that should be tolerated. Sites guilty of that should be ostracised by the gambling community, and we can't blame OP if that happens to anyone.
newbie
Activity: 2
Merit: 3
January 30, 2023, 11:50:18 AM
#8
Cool thread op, but you didn't mention how arbitrage betting could lead to accounts getting restricted/limited when they get detected for obvious reasons. You should have mentioned that it isn't a risk-free strategy.

This is a good point and users who want to do arbitrage betting should know there is a risk to get banned. The profit on arbitrage betting is really slow but secure, but I don't know if it is worth the risk to get banned and your balance locked.

By the way, the tips from OP are really good and I appreciate them, I know arbitrage betting was a thing some years ago, but this is the first time a see someone sharing arbitrage bets.

With normal beting (gambling) you lose your money longterm. So i think its better to earn some money with arbitrage + bonuses from bookmaker rather than lose money
hero member
Activity: 952
Merit: 555
January 30, 2023, 10:46:27 AM
#7
Snipped

OP i understand your interest on arbitrage bettings and how you would like to always get involved in this kind but be reminded that everything here on the forum goes by rules and regulations regardless of the board involved, this is gambling discussion board quite alright but it will always gives more appropriate meaning to your posting if you can allow others to post before you make the next post, i hope you've heard about post bug or spamming before, it wouldn't make sense if your is regarded as one of them.
legendary
Activity: 3332
Merit: 3116
January 30, 2023, 10:13:53 AM
#6
Cool thread op, but you didn't mention how arbitrage betting could lead to accounts getting restricted/limited when they get detected for obvious reasons. You should have mentioned that it isn't a risk-free strategy.

This is a good point and users who want to do arbitrage betting should know there is a risk to get banned. The profit on arbitrage betting is really slow but secure, but I don't know if it is worth the risk to get banned and your balance locked.

By the way, the tips from OP are really good and I appreciate them, I know arbitrage betting was a thing some years ago, but this is the first time a see someone sharing arbitrage bets.
hero member
Activity: 2716
Merit: 698
Dimon69
January 30, 2023, 09:54:58 AM
#5
Nice arbitrage bets you got there OP involving crypto casino bookie. I’m having a hard time searching manually for an arbs bet but I have no luck to find one. Those pick with  >1% profit is pretty solid these days since it’s very hard to spot one on crypto bookies.

Just a suggestion. Please include the date of the match for your picks so that user can know if your tipster is still valid or not just by simply looking on this thread without manually checking all the match on the sportsbook. Keep sharing more tipster and make the format as neat as possible to easily understand.
legendary
Activity: 2604
Merit: 2353
January 29, 2023, 03:51:47 PM
#4
Cool thread op, but you didn't mention how arbitrage betting could lead to accounts getting restricted/limited when they get detected for obvious reasons. You should have mentioned that it isn't a risk-free strategy.

So to know how much you should bet on each outcome, you have to apply this formula :

For the first bet : Odds_1st_outcome x Total_Stake / (Odds_1st_outcome + Odds_2nd)

For the second bet : Odds_2nd x Total_Stake / (Odds_1st_outcome + Odds_2nd)
or simpler : Total_Stake - Stake_first_bet
This is helpful, but complicated since there are simpler solutions out there.

Example: https://arbitragecalc.com/

The above site calculates how much you need to place on 2 or more sides in order to ensure a guaranteed profit no matter who wins. Also, betting whole numbers helps your accounts last longer.
Thank you for your link but unfortunately it doesn't take into account pushing bets, and half-winning or half-losing(half-pushing) ones. I'm not an "arber" but from what I see here many opportunities come from bet with handicaps, so I assume there should be opportunities from the asian handicap bets too.

@Ivekzg, no your thread is very good and very interesting, it's generous from you to share that for free. I'm sure it will attract more bettors in the coming days but as I said above they are not many here.
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