🏈Learn How To Arbitrage and make thousands a month🏈 - page 2.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Dunamisx on January 30, 2024, 03:58:32 PM

Maybe this could be a good recommendation for the benefits of those who are just starting and never had any records of huge loss because they may just have e begin one with this, this is something what many other gamblers have been trying to avoid beca anything whose risk is far higher than the benefits they try to avoid having a try on, even though this doesn't mean some are not winning, but on a low chances of survival.

Actually, NO. Market Arbitrage, whether it's arbing the markets of legacy markets, cryptocurrencies, or sports-betting is definitely NOT for those people who have just gotten started in their gambling/sports-betting journey. Why? Because,

1) It requires a large amount of capital deposited to at least two different sports-betting sites
2) Arbers are hated by sports-betting sites because they merely take advantage of market inefficiencies, and don't actually gamble. Your money might be at risk if the site knows you're an arber.
3) It's not that easy.

Dunamisx

hero member

Activity: 854

Merit: 539

★Bitvest.io★ Play Plinko or Invest!

Maybe this could be a good recommendation for the benefits of those who are just starting and never had any records of huge loss because they may just have e begin one with this, this is something what many other gamblers have been trying to avoid beca anything whose risk is far higher than the benefits they try to avoid having a try on, even though this doesn't mean some are not winning, but on a low chances of survival.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Poker Player on January 30, 2024, 12:34:52 AM

Quote from: Wind_FURY on January 29, 2024, 05:05:42 AM

I'm not accusing OP of being a scammer, but BitcoinTalk is a target for scammers because many users in the forum have money, and they are held in crypto which can be moved around very easily.

Neither do I at the moment, although it smells like it. In other cases as soon as I saw the offer of the "system" I have tagged the OP as a scammer but in this case it has a certain plausibility as well as nuances, but certainly someone who knows how things work is not fooled by how he sells it (as if it were easy to earn thousands per month with his system).

I always give people the benefit of the doubt, and we should also try to avoid calling people in the forum "scammers", unless proven guilty. Let's wait for someone else to try the service, and his/her "review". Hahaha. Although, and it's obvious, we should be very careful if the posters giving positive reviews were either brand new accounts or newbies.

But did anyone go to his site? I didn't click the link. I probably should make another VM for clicking anything potentially suspicious.

Kakmakr

legendary

Activity: 3430

Merit: 1957

Leading Crypto Sports Betting & Casino Platform

You just have to be very careful, when you are doing this. Some casinos are sharing the same odds providers and I have seen cases where the IP addreses and/or Mac addresses of the devices were matched and the accounts closed for arbitrage betting.

Casinos also quickly pick up when you are beating the system and they will counter with restrictions on your account (limiting) or they will just lock or block the account, based on the severity of your actions.

This is bad, when they have a VIP ranking system and you reach a high VIP level and then your account gets locked.

Haunebu

hero member

Activity: 3038

Merit: 969

www.Crypto.Games: Multiple coins, multiple games

Quote from: Wind_FURY on January 28, 2024, 12:12:45 PM

But how much of these opportunties does an arber actually have? Everyone would be doing it if it was truly "easy money", and if there are enough opportunties to be taken.

Because logically, if there are more and more people arbing in sports-betting, then there would be less and less opportunties because the odds would become more and more efficient.

They have definitely decreased over the years, but there are still plenty of them available on a regular basis if you know where to look. You could manually find them yourself or use arbing softwares to help you find them easily.

I feel that the easiest way to find some great arbs is by focusing on back and lay arbs as well as staying patient and checking odds regularly.

Poker Player

legendary

Activity: 1372

Merit: 2013

Quote from: Wind_FURY on January 29, 2024, 05:05:42 AM

I'm not accusing OP of being a scammer, but BitcoinTalk is a target for scammers because many users in the forum have money, and they are held in crypto which can be moved around very easily.

Neither do I at the moment, although it smells like it. In other cases as soon as I saw the offer of the "system" I have tagged the OP as a scammer but in this case it has a certain plausibility as well as nuances, but certainly someone who knows how things work is not fooled by how he sells it (as if it were easy to earn thousands per month with his system).

sunsilk

hero member

Activity: 2884

Merit: 620

It sounds easy and by the books it's possible but if I'm going to do the actuality, I'm expecting that there will be some mishaps and it won't really be 3%-5% having that thousand of bankroll everyday.

As for you Tim, it's best to prove it to us and like giving some stats and updates if that's not bothering you on a daily basis or even weekly. That's going to make it interesting.

I know that arbitrage still works but proving that to myself makes me wanna go off from it.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Poker Player on January 28, 2024, 01:04:26 PM

I'm going to hold back for now but the way the OP is selling his system sounds pretty scammy to me. If it's so easy to have an ROI of between 3 and 5% per day, let's say 4%, multiplied by 30 days average of a month a 120% monthly return. But if we dig a little we will see that it is nowhere near as easy as the OP paints it, and khaled0111 and others have explained it well.

All these systems that sound so wonderful are usually good only to fill the pocket of the one selling them.

Quote from: TimtheYoutuber on January 26, 2024, 08:42:41 PM

I knew this thread would be tough to post on a crypto forum...

A crypto forum but where many of us have been betting for over a decade, as well as knowing finance, statistics and scams.

Plus OP didn't need to mention anything about "knowing" that it would be "tough to post" in a form such as BitcoinTalk. It would be tough to post anywhere, ESPECIALLY in a gambling forum, not BitcoinTalk, where anyone including OP would probably think twice before posting "a system".

I'm not accusing OP of being a scammer, but BitcoinTalk is a target for scammers because many users in the forum have money, and they are held in crypto which can be moved around very easily.

Poker Player

legendary

Activity: 1372

Merit: 2013

I'm going to hold back for now but the way the OP is selling his system sounds pretty scammy to me. If it's so easy to have an ROI of between 3 and 5% per day, let's say 4%, multiplied by 30 days average of a month a 120% monthly return. But if we dig a little we will see that it is nowhere near as easy as the OP paints it, and khaled0111 and others have explained it well.

All these systems that sound so wonderful are usually good only to fill the pocket of the one selling them.

Quote from: TimtheYoutuber on January 26, 2024, 08:42:41 PM

I knew this thread would be tough to post on a crypto forum...

A crypto forum but where many of us have been betting for over a decade, as well as knowing finance, statistics and scams.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: khaled0111 on November 26, 2023, 07:55:43 PM

Although it's an almost guaranteed profit, there are few problems with arbitrage betting (aka arbing)!
Usually, it's hard to find an opportunity like the one you mentioned in OP because of the difference between the odds.
Second, supposing you find one, you will need a huge bankroll to make a good profit not to mention that most casinos will limit your account after few wins.

Then and most importantly, many casinos consider arbing illegal and may ban your account if they find out about it.

I'm replying to an old post, but it's relevant.

Plus OP said,

Quote

If you had a 20k bankroll you could make $1054 in a day betting these games. Then you would have to withdrawal all the money, wait for it to deposit in your bank and then re add to the sites. (or if you're lucky, half the bets will win on each site so you don't need to reconcile on each)

But how much of these opportunties does an arber actually have? Everyone would be doing it if it was truly "easy money", and if there are enough opportunties to be taken.

Because logically, if there are more and more people arbing in sports-betting, then there would be less and less opportunties because the odds would become more and more efficient.

TimtheYoutuber

full member

Activity: 1708

Merit: 125

www.positivebetting.com

Quote from: xLays on January 18, 2024, 02:48:11 PM

Quote from: SamReomo on January 18, 2024, 11:49:45 AM

Quote from: TimtheYoutuber on January 18, 2024, 09:50:09 AM

Arbitraging isn't full proof and you can take losses in some situations. But its proven to work in the long term and you can be successful if you follow the rules of arbitraging. It all starts with using regulated sites in your area.

It's a risky thing because when the casinos find that you're using arbitrage then they might freeze your accounts or ban them altogether. I would suggest everyone to be careful from Sports betting arbitrage as someone who does it on sites that are often run in same location could get banned for the act.

The casinos might not pay such users if they find that the user was doing arbitrage. OP how long have you been doing sports betting arbitrage? Haven't you faced any account bans or freezing of your funds from the casinos? I think casino might take strict actions against the members who found to be doing sports betting arbitrage.

Yeah, I read some scam accusations posted here in BitcoinTalk where user closed their account due to suspicion of engaging in arbitrage betting. But some arbitrage betting may go undetected if the bettor is careful to spread their bets across multiple bookmakers, making it less obvious. Also if the bets are placed on less popular events or in smaller amount they may attract less attention from monitoring systems. However as technology improves casinos are continuously working to enhance their detection methods. So still be careful if you want to arbitrage betting.

I knew this thread would be tough to post on a crypto forum, but yeah. The person that was banned probably was on a unregulated site, and or something else happened. Regulated sites in the US are better to play on.

Haunebu

hero member

Activity: 3038

Merit: 969

www.Crypto.Games: Multiple coins, multiple games

Quote from: wallet4bitcoin on January 18, 2024, 12:10:32 PM

Not everyone is as lucky as you are you know.

When most people see that money is being made through certain means, they care little or nothing about the strategy that was deployed and they end up becoming casualties or even complaining that it doesn't work as presented not knowing that there is more than just the general comment of arbitrage being lucrative.

You people have little knowledge about arbing which is why y'all are saying stuff which doesn't really make much sense. The only big casualty of arbing is getting limited since very, very few sites actually ban and steal player funds for arbing.

I advise you people to do more research about arbitrage betting and learn how good a strategy it truly is.

xLays

sr. member

Activity: 1596

Merit: 358

https://shuffle.com?r=nba

Quote from: SamReomo on January 18, 2024, 11:49:45 AM

Quote from: TimtheYoutuber on January 18, 2024, 09:50:09 AM

Arbitraging isn't full proof and you can take losses in some situations. But its proven to work in the long term and you can be successful if you follow the rules of arbitraging. It all starts with using regulated sites in your area.

It's a risky thing because when the casinos find that you're using arbitrage then they might freeze your accounts or ban them altogether. I would suggest everyone to be careful from Sports betting arbitrage as someone who does it on sites that are often run in same location could get banned for the act.

The casinos might not pay such users if they find that the user was doing arbitrage. OP how long have you been doing sports betting arbitrage? Haven't you faced any account bans or freezing of your funds from the casinos? I think casino might take strict actions against the members who found to be doing sports betting arbitrage.

Yeah, I read some scam accusations posted here in BitcoinTalk where user closed their account due to suspicion of engaging in arbitrage betting. But some arbitrage betting may go undetected if the bettor is careful to spread their bets across multiple bookmakers, making it less obvious. Also if the bets are placed on less popular events or in smaller amount they may attract less attention from monitoring systems. However as technology improves casinos are continuously working to enhance their detection methods. So still be careful if you want to arbitrage betting.

Dunamisx

hero member

Activity: 854

Merit: 539

★Bitvest.io★ Play Plinko or Invest!

Quote from: wallet4bitcoin on January 18, 2024, 12:10:32 PM

Quote from: Haunebu on January 18, 2024, 01:44:49 AM

Quote from: wallet4bitcoin on January 17, 2024, 11:22:09 PM

These and many more are the risks associated with the Arbitrage. As much as it makes money via variations, its the same way its volatility also avails you the opportunity to incur losses.

All of these must have been factored in before one decides to venture into the Arbitrage business, not just considering that it is a lucrative business.

Arbing isn't some foolproof way of earning money and there are some obvious risks associated with it, but it's still smart betting at the end of the day and is one of the few proven strategies to beat the house in the long-term.

I have personally done it myself and earned somewhat decent profits in the long-term thanks to max bet limits in various sportsbooks.

Not everyone is as lucky as you are you know.

When most people see that money is being made through certain means, they care little or nothing about the strategy that was deployed and they end up becoming casualties or even complaining that it doesn't work as presented not knowing that there is more than just the general comment of arbitrage being lucrative.

Anyone that does it is only doing that at his own risk, those that ha e done this before have actually exposed all that was in there not worthy of the risk we are taking for any reason, then why should we got enticed all because of making money which we may ended not making at all, if we are doing something, then we should first consider the risk involved and take measures on how to reduce them and not having them increasing the more, such is what you get with arbitrage.

wallet4bitcoin

sr. member

Activity: 896

Merit: 279

Quote from: Haunebu on January 18, 2024, 01:44:49 AM

Quote from: wallet4bitcoin on January 17, 2024, 11:22:09 PM

These and many more are the risks associated with the Arbitrage. As much as it makes money via variations, its the same way its volatility also avails you the opportunity to incur losses.

All of these must have been factored in before one decides to venture into the Arbitrage business, not just considering that it is a lucrative business.

Arbing isn't some foolproof way of earning money and there are some obvious risks associated with it, but it's still smart betting at the end of the day and is one of the few proven strategies to beat the house in the long-term.

I have personally done it myself and earned somewhat decent profits in the long-term thanks to max bet limits in various sportsbooks.

Not everyone is as lucky as you are you know.

When most people see that money is being made through certain means, they care little or nothing about the strategy that was deployed and they end up becoming casualties or even complaining that it doesn't work as presented not knowing that there is more than just the general comment of arbitrage being lucrative.

Coin_trader

copper member

Activity: 2758

Merit: 1163

Leading Crypto Sports Betting & Casino Platform

Quote from: SamReomo on January 18, 2024, 11:49:45 AM

It's a risky thing because when the casinos find that you're using arbitrage then they might freeze your accounts or ban them altogether. I would suggest everyone to be careful from Sports betting arbitrage as someone who does it on sites that are often run in same location could get banned for the act.

Location is not the basis on being easily detected for doing this method but rather the similarity of the odds provider being use by the casino. There’s an instance that 2 different casino based on same country has different odds provider especially if it's catering international player.

This is the reason why it’s very easy to spot on crypto bookies because they are using same odds provider most of the time.

Quote

The casinos might not pay such users if they find that the user was doing arbitrage. OP how long have you been doing sports betting arbitrage? Haven't you faced any account bans or freezing of your funds from the casinos? I think casino might take strict actions against the members who found to be doing sports betting arbitrage.

Correct, Casino will use this to not pay any players because they view it as exploiting odds error since this kind of bets was 100% guaranteed win.

The Only way OP can still be on this business if there’s a local bookie on his country that provides odds that is higher to the bookies operating internationally. This way, The chance of being connected is very slim due to difference on odds provider but there’s always a risk of being connected though since odds provider is not disclosed by the casino.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: TimtheYoutuber on January 18, 2024, 09:50:09 AM

Arbitraging isn't full proof and you can take losses in some situations. But its proven to work in the long term and you can be successful if you follow the rules of arbitraging. It all starts with using regulated sites in your area.

It's a risky thing because when the casinos find that you're using arbitrage then they might freeze your accounts or ban them altogether. I would suggest everyone to be careful from Sports betting arbitrage as someone who does it on sites that are often run in same location could get banned for the act.

The casinos might not pay such users if they find that the user was doing arbitrage. OP how long have you been doing sports betting arbitrage? Haven't you faced any account bans or freezing of your funds from the casinos? I think casino might take strict actions against the members who found to be doing sports betting arbitrage.

TimtheYoutuber

full member

Activity: 1708

Merit: 125

www.positivebetting.com

Quote from: wallet4bitcoin on January 17, 2024, 11:22:09 PM

Quote from: dezoel on December 04, 2023, 12:53:49 PM

I cannot risk $20k by depositing it in two different sportsbooks....

These and many more are the risks associated with the Arbitrage. As much as it makes money via variations, its the same way its volatility also avails you the opportunity to incur losses.

All of these must have been factored in before one decides to venture into the Arbitrage business, not just considering that it is a lucrative business.

Arbitraging isn't full proof and you can take losses in some situations. But its proven to work in the long term and you can be successful if you follow the rules of arbitraging. It all starts with using regulated sites in your area.

You don't need to have 20k to arbitrage, you can arbitrage with anything. You're getting 2-5% per arbitrage, so if you have $1k you can make 20-50$ a day which is not bad.

Haunebu

hero member

Activity: 3038

Merit: 969

www.Crypto.Games: Multiple coins, multiple games

Quote from: wallet4bitcoin on January 17, 2024, 11:22:09 PM

These and many more are the risks associated with the Arbitrage. As much as it makes money via variations, its the same way its volatility also avails you the opportunity to incur losses.

All of these must have been factored in before one decides to venture into the Arbitrage business, not just considering that it is a lucrative business.

Arbing isn't some foolproof way of earning money and there are some obvious risks associated with it, but it's still smart betting at the end of the day and is one of the few proven strategies to beat the house in the long-term.

I have personally done it myself and earned somewhat decent profits in the long-term thanks to max bet limits in various sportsbooks.

pinggoki

sr. member

Activity: 1442

Merit: 390

★Bitvest.io★ Play Plinko or Invest!

Quote from: Gozie51 on November 27, 2023, 09:52:30 AM

Quote from: pinggoki on November 27, 2023, 04:35:13 AM

~

Well my contention here is that sometimes in different options, the games end up being lose. You can bet for example Barcelona in different options usually direct win, win either half, over 2.5. So in such instance, the match can end up as Barcelona losing the match to the opponent. What such means is that the gamblers options ended as losing, it is as simple as that. Usually this is to the dismay of the gambler and you keep wondering what hardluck that came to you.

Arbitrage can also be profitable and you win lots of money from it.

Well, if you cover all the possibilities then you're going to be just fine and you've said it already, that arbitrage is profitable which means that this possible scenario that you're talking about isn't an uncommon occurrence so even with that worry, I do think that it's not enough to not say that arbitrage isn't worth a try especially if you've got people that can help you start profiting with that method. That depends on the person, since what you're talking about as I believe to be an uncommon occurrence, I do think that there's not a lot of people that's got to wonder that kind of thing.

Topic: 🏈Learn How To Arbitrage and make thousands a month🏈 - page 2. (Read 881 times)