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Topic: Sports arbitrage - page 3. (Read 393 times)

hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
March 09, 2023, 06:57:31 AM
#7
Sports arbitrage is basically when you make profit from matches regardless of the outcome of those matches just by taking advantage of odd difference between book makers. Odd difference on the other hand occur as a result of error in setting the odds by the bookmakers.
I haven't tried this, but is this profitable or legal? It seems to be difficult and time-consuming where you can find this error considering there are a lot of bookies out there. Could be possible if you have a team with different account, could this be possible by web scraping?
hero member
Activity: 2548
Merit: 769
March 09, 2023, 06:25:55 AM
#6
I know several men who get profit from the bookies mistakes but i can`t say that it is sports arbitrage. They are looking for strange odds in the obscure leagues and try to bet as fast as possible. But the casino often decreases after such bets their maximum bet to $1. So they have to register new account to continue betting. They get not bad profit but it is really difficult.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
March 09, 2023, 06:22:38 AM
#5
This is being done from quite a lot of time actually.There are people who deal exclusively with it and make money on it but as been said already here it is a daily job,you cannot just go and watch some sites that offer you the best deals like Betburger the most well known one.You need to maintain a lot of gambling accounts and that is a lot of work,to keep track of all of those.On top of all these things arbitrage gives you very little profit in terms of percentage so you need a lot of budget which is the most limiting factor for many people who want to do it but can't because they lack funds.

So it is a "sport" for the already rich ones I am afraid,the arbitrage betting.
legendary
Activity: 2604
Merit: 1504
March 09, 2023, 05:36:56 AM
#4
Sports arbitrage is basically when you make profit from matches regardless of the outcome of those matches just by taking advantage of odd difference between book makers. Odd difference on the other hand occur as a result of error in setting the odds by the bookmakers.

In the case of arbitrage on sports betting, you must accurately calculate your small profit in order not to attract attention and not be blocked in an online casino and not lose your funds, so here you need to think carefully before using this method of earning.
hero member
Activity: 770
Merit: 828
Leading Crypto Sports Betting & Casino Platform
March 09, 2023, 04:54:15 AM
#3
Sports arbitrage is basically when you make profit from matches regardless of the outcome of those matches just by taking advantage of odd difference between book makers. Odd difference on the other hand occur as a result of error in setting the odds by the bookmakers.
I the past I tried this, it's possible but I can tell you it's a job. You must be researching and working almost all day like normal work. So if you want to be sucessfull at it you need to do only that.

Not necessarily a lot of work.

You can find sites that show you sure bets. When I did arbitrage betting in the past I used sites like https://oddspedia.com/surebets for research.

It's pretty much straight forward and you just need to have accounts at different bookmakers to make these. Easy peasy.

I don't really get the reason for this thread though  Grin . Who asked for this info?  Roll Eyes
full member
Activity: 1204
Merit: 162
March 09, 2023, 04:45:32 AM
#2
Sports arbitrage is basically when you make profit from matches regardless of the outcome of those matches just by taking advantage of odd difference between book makers. Odd difference on the other hand occur as a result of error in setting the odds by the bookmakers.
I the past I tried this, it's possible but I can tell you it's a job. You must be researching and working almost all day like normal work. So if you want to be sucessfull at it you need to do only that.
newbie
Activity: 1
Merit: 0
March 09, 2023, 04:02:55 AM
#1
Sports arbitrage is basically when you make profit from matches regardless of the outcome of those matches just by taking advantage of odd difference between book makers. Odd difference on the other hand occur as a result of error in setting the odds by the bookmakers.
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