Arbet Sports Bet vs Sports Trading?

oweaponx

Newbie
Mar 27, 2012
24
5
Hi, BHW. A little while back, I came across the concept of Arbbing [arb bets]. The basics are one places a bet for one outcome at one bookie, and places a bet for the other side at a different bookie. You look for the best odds, so that no matter who wins, you still make a profit. I also read about all the precautions to take, so that you don't get flagged too easily as an arbber, as most bookies--except for Pinnacle, apparently--don't like arbbing. The alt to having a number of bookie accounts, along with ways to fund--most suggest skrill and netell--is using exchanges, such as betfair and betdaq. I then came across "bet trading," with sites and forums discussing BetAngel. There's also arb notification sites, with one of the more talked about sites being Rebel Betting, with claims of arbs up to 10%. Sometimes more. So, have there been any successful arbers on BHW? Is it worth the investment? Is dealing directly with bookies better, or using an exchange, or sports trading?
 
You'll need a LOT of capital for Arbing. It will be a strange week when your arbs don't require you to use 14 different bookmakers. Of course they process your deposit straight away, but many take 3, 4 or even 5 days to return your winnings through normal banking channels. That means if you havent got mega capital, you are restricted to just a few arbs a week, which doesn't give you the correct reward ratio for the effort put in finding arbs.

Furthemore, you need to be happy dealing with utterly random bookmakers from countries that don't have the same player protection as much of western europe.

And yes I wouls recommend using an exchange for one half of you arb (normally the part with te biggest odds as this is where the most value is), but remember to factor in commission
 
Back
Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features and essential functions on BlackHatWorld and other forums. These functions are unrelated to ads, such as internal links and images. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock