Topic: Documenting my Horse Racing Bets - Started: 26-DEC-2018 (Read 1025 times)

Sorry for bumping this thread, but of course Orbit and all those other "powered by Betfair" exchanges have higher liquidity than Betfair themselves. This is due to their business model, which is very risky and i wouldn't advise anyone to keep more money than needed on these exchanges and make regular withdrawals if necessary.

Think I may give this a try. Do the horse betting sites accept cryptocurrency  or require kyc
 I was considering just investing on this kind of game as advised by member on this section

Until now I haven't seen anyone challenging this method.
I'm wondering if anyone has any challenge or any feedback on this?
The thread is from several months ago but it's still relevant to now, especially with so many betting agents out there.

I am using Sportsbet.com.au - excellent site with live odds and quick info/data on the horses.
I also watch the races and hear the commentary which really helps, also just watching how the horses behave pre-race is tremendous help!

https://firstonetv.net/Live/Australia/Sky-Racing-1-28

You need to use Australian sources for those type of things, don't use UK sites.

Thanks for your compliments btw, yes, I haven't lost those winnings - I'm in fact trying to think of the next challenge, our site Get-Paid.com is stagnating, so I'd like to get into something new (which is not-gambling), I am still looking around and open for all suggestions.

Thanks!

Thanks for sharing it.
Maybe the 2444 is AUD which is equivalent to 1400ish EUR?
There is no currency in the screenshot next to the 2444.

If you are still online on this forum, I would like to ask you which website did you use to check about races in Australia.

The biggest website (Attheraces.com) ignore races in Australia, even though I was saying your strategy is dangerous (but all are, right?) I am still curious to get some more informations about the races (Maiden, Handicap, etc.). And if you come back I will be interested to keep an eye on your next strategy.  
And very well done by the way, it is rare to see someone leaving after a profit. Most people always come back and end up losing eventually. So kudos!

Sorry for late reply. Yes I am pretty sure Orbit has more liquidity than Betfair, just make a test, first go to Orbit website without logging in, then login and you will notice more liquidity. It's simple, use a VPN if you are in a restricted location, and go to Betfair.com (exchange section), and just compare the liquidity.
There is a thread about it on SBR > https://www.sportsbookreview.com/forum/sportsbooks-industry/3510326-orbitx-where-cash-out-function.html#post28227759

I'll post the pictures:

Gambling addiction is a serious problem, and like I mentioned in this thread and exemplified - it's very much addicting ... there are so many ways to gamble and it's also tempting for many "houses" (=gambling establishments) to take commission from all this action.

Being the house is the smartest thing to do ... being a gambler is not so smart, it's like you being a customer, not a business owner ... so you have to abide by the business rules, it's a 2nd class option vs 1st class, however you look at it.

The addiction itself - MUST be arrested if necessary, that means that people who say here "control it, don't bet if you don't have to" don't understand that it doesn't work that way .... preventing any access to money or to quick funds is the right way to move it forward ...

If you have no money - you cannot bet.
If you have no money - you cannot gamble.

The term "arresting the addiction" must be applied if you feel like you cannot put things under control.

Now regarding this type of betting (that I did) - I treated it like an investment, like buying a stock in the market, it has gained nicely in % so I decided to quit ... I think if I'd want to try it again I'd use Skrill or Neteller or another proper form of deposit to avoid fees such as 2% for Bitcoin, or use an agent that takes Bank Transfers or any other proper form of deposit, or use BetFair directly (although I'm slightly against this option as agents are more reliable in my opinion and don't cause lots of hassles).

Anyway I hope this way of gambling has been proven to many of you to be quite successful, there were very few risks with these bets, as I mentioned perhaps 2 or 3 bets out of over 100 bets were in a high risk position, so it's considerably not bad, but you must learn how to choose the right place .... for instance South Africa and Singapore are places where horses of 150 win too often .... in Australia it's a much different territory.

If anyone has other questions or feedback please feel free to post it here.

Yes, not bad at all ... I doubt if with AsianConnect it would have been faster, I've heard they do so many verification check, lots of scrutiny ... I have no complaints against BetInAsia - they are very straightforward and easy to work with.

Awesome! Finally the money is yours!!

Looking at the current preev rate ($3,823) the difference is not much. Only 2.3% overall.

Thank you.
I will relate to it later on about addictions etc. - it's a very important topic.
Just a bit busy now to discuss it, but I'd relate to it later on.

Sorry I wasn't available in the past few hours.
I received around 6 hours ago 1.527 BTC from BetInAsia for this withdrawal.

They charge 2% off the BTC/EUR rate and I have to be charged extra 2% for withdrawing more than once within 30 days.

Overall, if I withdrew around €5,470 which is around $6,225 in dollars (makes it easier as most people see the BTC/USD relevant and not the EUR one) so:

$6,225 * 0.96 (4% deduction) = $5,976

5,976 / 1.527 = $3,913 (not far from the exact exchange), so it's all good !

That's it, this betting thread in terms of betting is now complete, but feel free to use it for reference, and to keep on posting other questions etc.

Good that you won. I used to be an addict especially in sports betting. I may find only few sports I have not gamble. In tennis I even used to bet on point market. There were nights I was making (profit) £1000 to £1500 then at the early morning I lost all even the investment. I had hard time to give up the addiction. Don't let it to control you.

I am really really happy for the money you made. Occasionally take the fun if you really have to but like this time always control your greed and focus on strategy.  I hope you don't mind telling my life experience and these friendly suggestions.

Just enjoy the winning and be happy. Have a blasting new year  

If anyone uses BetFair - Wentworth Park, last greyhound race for today there in Australia - Eyebrow Braizin - feel free to lay this one (it's 151 to 1 at the moment) to increase your bankroll by some %0.XX

BetInAsia told me yesterday they would process the withdrawal today, due to the holiday yesterday, they usually process withdrawals on weekends etc. but I understand 01-01-2019 is a tough date, all banks are closed etc.

I have to say this is very much addicting, I played a few more races, only picked ones with 100 or more to lay.... so instead of withdrawing €5,275 - I got to withdraw €5,472.85 (almost €200 more just from laying these underdogs), this time it's all final and confirmed:



Once I get it in Bitcoin I would let you how much exactly I received. (You need to include a 2% fee for withdrawing within 30 days more than once).

Just to let you know today there was a 40-1 winner in a Greyhound race, I am yet to see a 100 winner in a large record that I've already checked, it seems that the odds in Greyhounds on underdogs (which are dogs lol) - they are much more accurate than I thought (not for betting on winners but for laying purposes):

Can I ask how did you notice it? Where do you see these numbers exactly? Are you referring to the numbers showing in the "Matched" numbers for each event? This is all from BetFair, not from Orbit, and I doubt Orbit has more liquidity than BetFair which is super huge.

Can you please explain how do you assume all that?

I guess in the last few days you made around 3.5K Euro profit (Once you successfully get this balance)? Very good performance I should say. I am also happy to see that you know when to quit. You had some long last few days and seems like it was well paid.

Thanks for the tips and sharing your experience.

I am curious to hear what they reply to that. Orbit should work just like Betfair, I would be surprised if they set a limit exposure on horse racing.
Also I am sure yet but I think Orbit probably take the risk on the bets.

What I noticed was that the liquidity on Orbit is 60% higher than at Betfair (I am sure you noticed it too), therefore the guys behind Orbit probably bring their own liquidity, hence the agreement with Betfair to be able to offer such brokerage service. So in short, they probably don't like winners.

My account balance is now €5,275.

That's it, I've decided - no more bets please.

I've asked BetInAsia for a withdrawal and I will keep you updated once they process it.