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.
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.”
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/0kRLnAnd the money they make from their customers is just unbelievable.
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.htmlWe 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