🏈Learn How To Arbitrage and make thousands a month🏈 - page 3.

wallet4bitcoin

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Quote from: dezoel on December 04, 2023, 11:53:49 AM

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.

TimtheYoutuber

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Who else arbitrage bets, I want to hear your stories if you're using regulated sites in the US.

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Quote from: sujonali1819 on January 13, 2024, 10:31:26 AM

Quote from: TimtheYoutuber on January 13, 2024, 10:10:11 AM

Arbitraging in general means you have limited the risk by betting on both sides of the market. So in the case of sportsbetting you bet that Team 1 and Team 2 will win. In most sports outside of american soccer you have a winner. So Team 1 or Team 2 will win, in which you have bet on both winners.

If you look in the OP you will see an example, where the payout is larger than the original bet + the losing bet.

Seems now to make sense, and I have some ideas regarding this. I will do more research about it. Thank you.

Quote

Odds change every second, so you have to be quick!

Then is there not a chance of marking the bet as a late bet by the provider?

Im not 100% sure what you mean by your second comment. But if you mean, is there a chance the second bet doesnt go through and the odds change before its accepted?

Yes this can happen, but there are a lot of different ways you can hedge this risk and avoid it. With arbitrage betting you won't successfully win every bet, because sometimes the odds will shift and you will need to take a hedged loss.

However, there are a lot of different things you can do to understand these risks. Ex: If its the 4th quarter of the game, you dont wanna bet because the odds shift way to much.

or

you typically want to bet on the favorite first, because then if the odds do change, its more likely to be in your favor, or not be as hurtful.

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Quote from: TimtheYoutuber on January 13, 2024, 10:10:11 AM

Arbitraging in general means you have limited the risk by betting on both sides of the market. So in the case of sportsbetting you bet that Team 1 and Team 2 will win. In most sports outside of american soccer you have a winner. So Team 1 or Team 2 will win, in which you have bet on both winners.

If you look in the OP you will see an example, where the payout is larger than the original bet + the losing bet.

Seems now to make sense, and I have some ideas regarding this. I will do more research about it. Thank you.

Quote

Odds change every second, so you have to be quick!

Then is there not a chance of marking the bet as a late bet by the provider?

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Quote from: sujonali1819 on January 13, 2024, 02:35:53 AM

Quote from: TimtheYoutuber on January 12, 2024, 09:02:47 PM

Who else wants to learn how to arbitrage using US regulated sites? PM me and I would love to help.

What does this arbitrage trading means actually? I don't have any experience. It would be good if you can explain something here.

As I can understand after reading some comments here, is it something like betting on some games with 0.01x odds? or something like the games that could have a pure win result? For example at the end of the game?

Arbitraging in general means you have limited the risk by betting on both sides of the market. So in the case of sportsbetting you bet that Team 1 and Team 2 will win. In most sports outside of american soccer you have a winner. So Team 1 or Team 2 will win, in which you have bet on both winners.

If you look in the OP you will see an example, where the payout is larger than the original bet + the losing bet.

This occurs because during a given game, sports sites will disagree on who they think should be favorited. Odds change every second, so you have to be quick!

sujonali1819

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Quote from: TimtheYoutuber on January 12, 2024, 09:02:47 PM

Who else wants to learn how to arbitrage using US regulated sites? PM me and I would love to help.

What does this arbitrage trading means actually? I don't have any experience. It would be good if you can explain something here.

As I can understand after reading some comments here, is it something like betting on some games with 0.01x odds? or something like the games that could have a pure win result? For example at the end of the game?

CODE200

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Quote from: Hispo on December 10, 2023, 01:55:07 PM

If anyone wanted to arbitrage, why doing it in a casino and using bookies which will likely ban you permanently when they find out? If one has a big enough budget to invest it would be easier and less risky to try to arbitrage using the differences of price of Bitcoin amoung different exchanges or even between different countries. It is less risky, but requires more set up and the same big bankroll to effectively get some gains.

For example, if I had family living in countries where Bitcoin has more demand and it is more valuable in FIAT/USD, I would try to send some, get back the FIAT and use it to buy more BTC here, until the prices eventually equal themselves, which would signal the time to move onto a different market or pair.
If arbitrage was so easy to perform in a casino then the dynamics and the knowledge of it would be more widespread, instead, nowadays it is rather a gimmick.

Doesn't have to be you that's doing all the betting to complete an arbitrage, you can always rely on a trusted friend or a loved ones to place the bet but I recommend a trusted friend because they know when to shut up and they know how to bet by themselves unlike with your loved ones, they might not be able to do it or they're too suspicious because they would blabber that this isn't their bet. It's easy to do, the real challenge is finding the sites that are giving out a good odds on a particular game and not to mention that you need to also process each withdrawal and deposits for each betting sites you're using which you're going to be using a lot. Arbitrage on bitcoin trading is a little difficult in my opinion and it's expensive to also do that arbitrage if you're starting with a small amount of money.

TimtheYoutuber

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Who else wants to learn how to arbitrage using US regulated sites? PM me and I would love to help.

TimtheYoutuber

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Activity: 1708

Merit: 125

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Quote from: Hispo on December 10, 2023, 01:55:07 PM

If anyone wanted to arbitrage, why doing it in a casino and using bookies which will likely ban you permanently when they find out? If one has a big enough budget to invest it would be easier and less risky to try to arbitrage using the differences of price of Bitcoin amoung different exchanges or even between different countries. It is less risky, but requires more set up and the same big bankroll to effectively get some gains.

For example, if I had family living in countries where Bitcoin has more demand and it is more valuable in FIAT/USD, I would try to send some, get back the FIAT and use it to buy more BTC here, until the prices eventually equal themselves, which would signal the time to move onto a different market or pair.
If arbitrage was so easy to perform in a casino then the dynamics and the knowledge of it would be more widespread, instead, nowadays it is rather a gimmick.

My thread isn't talking about bitcoin sites.

Hispo

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If anyone wanted to arbitrage, why doing it in a casino and using bookies which will likely ban you permanently when they find out? If one has a big enough budget to invest it would be easier and less risky to try to arbitrage using the differences of price of Bitcoin amoung different exchanges or even between different countries. It is less risky, but requires more set up and the same big bankroll to effectively get some gains.

For example, if I had family living in countries where Bitcoin has more demand and it is more valuable in FIAT/USD, I would try to send some, get back the FIAT and use it to buy more BTC here, until the prices eventually equal themselves, which would signal the time to move onto a different market or pair.
If arbitrage was so easy to perform in a casino then the dynamics and the knowledge of it would be more widespread, instead, nowadays it is rather a gimmick.

TimtheYoutuber

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Have you guys arbitraged and if so, how much have you made in 2023? If you wanna learn how and are in the US PM me.

LEVSKI7

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thats what i say too .arbitration is legal and always has been.but the bookmakers who limit are performing an illegal activity.we see how many convictions there are against sites for imposing a limit or blocking an account

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Quote from: LEVSKI7 on December 04, 2023, 03:47:23 PM

In the USA, only Ceasars does not limit, but if you play, you will still be limited without playing arbitrage
there the law is against the users as long as it allows this fraudulent activity on the sites

I'm not exactly sure what you're saying here. Ceasars does limit, and arbitraging isn't fraud.

LEVSKI7

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In the USA, only Ceasars does not limit, but if you play, you will still be limited without playing arbitrage
there the law is against the users as long as it allows this fraudulent activity on the sites

TimtheYoutuber

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Quote from: dezoel on December 04, 2023, 11:53:49 AM

It doesn't work the same way for everyone, and there are a lot more risks than you've mentioned, I think you forgot to mention that it's against the terms and conditions of the casinos, and any casino or sportsbook would ban or block the account of the gambler without a delay, and confiscate the funds immediately if they suspect they are doing something like this. So, I would say that it's better for a gambler to simply place one side bet instead.

I cannot risk $20k by depositing it in two different sportsbooks and then doing arbitrage betting because once one of the two sportsbooks suspects what I'm doing, things will get out of hand and if they confiscate the funds and lock my accounts, there is nothing I can do except contacting them and they barely return any money.

If you're using a regulated book in the US like I have mentioned they can not simply steal your funds. They can decline your bets, but they can not steal your money.

You would want to use as many books as you can, I wouldn't suggest using 2 books. however if those are the only you have available, then you could deposit like 2k on each site, so that you can make a bet and arb out. And then you could deposit more if another bet arises. With ACH your account is credited before the funds are actually taken, so its important to know some bank management before continuing with this.

dezoel

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It doesn't work the same way for everyone, and there are a lot more risks than you've mentioned, I think you forgot to mention that it's against the terms and conditions of the casinos, and any casino or sportsbook would ban or block the account of the gambler without a delay, and confiscate the funds immediately if they suspect they are doing something like this. So, I would say that it's better for a gambler to simply place one side bet instead.

I cannot risk $20k by depositing it in two different sportsbooks and then doing arbitrage betting because once one of the two sportsbooks suspects what I'm doing, things will get out of hand and if they confiscate the funds and lock my accounts, there is nothing I can do except contacting them and they barely return any money.

TimtheYoutuber

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Quote from: mak013 on November 30, 2023, 05:43:43 AM

Quote from: TimtheYoutuber on November 29, 2023, 09:16:02 AM

Quote from: mak013 on November 29, 2023, 02:06:15 AM

I`ve seen several groups that gave signals for such bets. First of all you had to create accounts on all bookies that you can. After it there were two ways - you can buy software and get signals at home or pay some sum every month and get signals in telegram group. Sometimes the profit was higher than you paid for the signals.

You can find arbitrages on your own. So this is a bit different. You don't need to paid for signals or anything like that. You will gain access to live webinars where we show them for free, and the discord will post arbs as people see them.

So, it means, that you learn how to search arbs. After that some group of people joins discord/telegram and post arbs, they see? It looks like the groups i talked about with the only difference - it is for free and all the members try to find some more arbs. May be it can be profitable, but it need to much time as i understand.

arbitraging does take some time and understanding. You don't want to bet a game you think is an arb and get burned.

If anyone is interested, I would love to help you. just pm.

mak013

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Quote from: TimtheYoutuber on November 29, 2023, 09:16:02 AM

Quote from: mak013 on November 29, 2023, 02:06:15 AM

I`ve seen several groups that gave signals for such bets. First of all you had to create accounts on all bookies that you can. After it there were two ways - you can buy software and get signals at home or pay some sum every month and get signals in telegram group. Sometimes the profit was higher than you paid for the signals.

You can find arbitrages on your own. So this is a bit different. You don't need to paid for signals or anything like that. You will gain access to live webinars where we show them for free, and the discord will post arbs as people see them.

So, it means, that you learn how to search arbs. After that some group of people joins discord/telegram and post arbs, they see? It looks like the groups i talked about with the only difference - it is for free and all the members try to find some more arbs. May be it can be profitable, but it need to much time as i understand.

TimtheYoutuber

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Quote from: mak013 on November 29, 2023, 02:06:15 AM

I`ve seen several groups that gave signals for such bets. First of all you had to create accounts on all bookies that you can. After it there were two ways - you can buy software and get signals at home or pay some sum every month and get signals in telegram group. Sometimes the profit was higher than you paid for the signals.

You can find arbitrages on your own. So this is a bit different. You don't need to paid for signals or anything like that. You will gain access to live webinars where we show them for free, and the discord will post arbs as people see them.

mak013

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I`ve seen several groups that gave signals for such bets. First of all you had to create accounts on all bookies that you can. After it there were two ways - you can buy software and get signals at home or pay some sum every month and get signals in telegram group. Sometimes the profit was higher than you paid for the signals.

Topic: 🏈Learn How To Arbitrage and make thousands a month🏈 - page 3. (Read 926 times)