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Make Easy $10 - $100 Risk Free within 5 minutes!

Discussion in 'Making Money' started by FireofWar, Aug 14, 2010.

  1. FireofWar

    FireofWar BANNED BANNED

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    Some of you may already be aware of the world of sports arbitrage and trading, others do not even know what it consists about.

    In a nutshell what it is, is that you lay (bet against) a given event at a exchange company like betfair, and then you bet at higher odds the same event on a different booker!

    This procedure is 100% risk free because you are submitting both bets on both bookers at the exact same time, whatever the outcome of the event might be, you will ALWAYS win, if you lose at betfair, you win at the 2nd booker, if you lose at the 2nd booker, you win at betfair.

    Very often the odds are always normalized between bookers, meaning that no great profit can be made.

    But every once and again the odds of certain events will have a difference greater than 10%, which will guarantee you a certain profit of 10% your original bet, NO MATTER WHAT THE OUTCOME MIGHT BE.

    On top of this, when you sign up on betfair an wager more than $25, you will be given a bonus of extra $25.

    So, if there is anyone here looking to make some easy money.

    What you do is this:

    Step 1

    - Create a account on BetFair, near the bottom of the signup form you have a checkbox asking you "Do you have a promotion code?", you click on YES, and enter the following code EDITEDOUT , without this code you won't be able to earn the bonus of $25.

    Step 2

    - Go to http://www.mbassist.co.uk/MatchedBets/TopMatches.aspx

    Check the matches with best rating percentage.

    At the moment you can see the following event with best differentiation of odds:

    Bradford - Stevenage - 114.06% at odds of 3.65 on the Bookie PAF.com and Lay odds of 3.2 over at Betfair.

    Meaning that when you back your bet on Paf.com, You are doing the following:

    PAF.com (you make a normal bet)

    $100 x 3.65 = 365 (you have a profit of $265 in this case)

    Betfair.com (you lay your bet, bet against the event)

    When you bet $100 what you are going to win, is the $100!
    You will have a liability at the given odds.

    So when you lay a bet, this is what happens

    $100 x 3.2 = $320 - $100 (that the backer already submitted) = $220

    So when you lay $100 at odds 3.2, you will WIN $100 and you can lose $220!

    So, in a nuthsell what we have is this:

    PAF.com

    If you Lose, you lose - $100 (and win $100 over at betfair, profit/loss=$0) + the $25 Bonus from BetFair! = Easy risk free $25!
    If you Win, you win - $265 (and lose $220 over at betfair, profit/loss=$45) + $25 Bonus from BetFair = Easy risk free $70!!

    BetFair.com

    If you lose, you lose - $220 (and win $265 over at PAF.com, profit/loss = $45) + $25 Bonus = Easy risk free $70!!
    if you win, you win - $100 (and lose $100 over at BetFair, profit/loss = $0) + $25 Bonus = Easy risk free $25!

    I'm doing this example with $100 bets, you can do with higher values if you have the amount to invest, or with lower values.

    The thing you have to understand is, even if you went through all your savings and investing in this, you would be making a 100% RISK FREE investement!

    That is a investors dream as many of you surely understand.

    So if you have $1000 to invest in this, you could make $450 +$25 completely risk free, just don't forget to use the promotional code to be eligible to the $25 Bonus!

    You can also level your values so you will win the same amount out of any outcome.


    Step 3

    Signup on PAF.com

    Step 4

    Deposit $25+ on PAF.com

    Step 5

    Deposit $25+ on Betfair.com (make the math beforehand in order to know what is the liability to the bet you want to make)

    Step 6

    Apply both bets on betfair and Paf.com at the same time!

    Step 7

    Profit!

    Step 8

    Rinse and Repeat!!!



    If you have any questions, please post back here and I'll guide you through any doubts you might have.
     
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    Last edited: Aug 14, 2010
  2. beazt

    beazt Power Member

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    You are awesome and this is such a smart money making tactic. I am gonna give this a try soon.

    Can we call this the 'Online Betting Arbitrage Method'?:D
     
    Last edited: Aug 14, 2010
  3. vickygarg

    vickygarg Power Member

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    Does this work, has anyonetried it and does it work anywhere in the country?
     
  4. FireofWar

    FireofWar BANNED BANNED

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    Betfair allows most countries in the world.

    As for the 2nd bookers, some are more strict than others, but the great majority of them also accept most countries.

    As for the method itself, it works flawlessly!

    Just don't forget to use the promotional code when signing up on betfair, EDIT , so you can win the signup bonus of $25
     
  5. anish891

    anish891 Junior Member

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    Not saying it doesn't work, but I would read the terms and conditions of the bonus. I wager on sports in the US and for most bonuses there is a rollover amount before you can cash out.

    For example if you deposit $100 and the bonus is $25 and the rollover is 6x you must wager $125*6 ($725) before you can cash out.

    Not saying the OP is wrong, he can completely be right, but just read the T&C to make sure.
     
  6. FireofWar

    FireofWar BANNED BANNED

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    On BetFair you receive the bonus after wagering your initial deposit of $25+ at odds greater than 1.2, (which is always the case on this method here)

    Anyway, please note, that even if you didn't received the bonus, you wouldn't lose any money, on the worst case scenario you would end up with a $0 Net Profit!

    The bonus is what makes this method a Win-Win situation!
     
  7. pansot1986

    pansot1986 Registered Member

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    the OP is wright it s a good method this one to gain some cash but you have to invest some money..OP can you help me wth this calculator..for example its a game naval-porto.i have to bet 100$ at interwetten (booker) and 107,91 at betfair for having a sure profit of 2,52$ ?? i m wright or im missing something??and how can i select some matches that are more profitable from this one ( 2,52$) is not that much..



    [​IMG] Interwetten Odds
    [​IMG] Interwetten Stake £

    [​IMG] BETFAIR Odds
    [​IMG] BETFAIR Commission % [​IMG] BETFAIR Lay stake £
    [​IMG] BETFAIR Liability £
    [​IMG] Profit/Loss £
    [​IMG] Return %
     
  8. FireofWar

    FireofWar BANNED BANNED

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    Why are you betting in that game, when there is others with much higher ratings?

    Anyway, for that game here's what I would advise you to do.

    1) Signup to betfair, use EDIT ,so you can win the $25 Bonus

    2) Signup at Interwetten

    3) Deposit $100 at Interwetten

    4) Deposit $50 At Betfair (yes only $50, I already did the math)

    5) Bet $100 at Interwetten for Porto to win (at odds 1.5)

    6) Lay $100 at Betfair for Porto to lose (at odds 1.44) (since the odds are 1.44 you only need $44 at betfair to lay the bet)

    Interwetten Loss:$100 - Win:$50
    Betfair Loss: $44 - Win:$100

    If you win at betfair, here's your outcome, Win $100 (betfair), Lose $100 (interwetten) Profit/Loss = $0!! and you win the $25 bonus, so Total profit/Loss = $25!!!

    If you win at Interwetten, you lose $44 (betfair) and win $50 (interwetten), Profit/Loss = $6! and you win the $25 bonus, Total Profit/Loss = $31!!
     
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    Last edited: Aug 14, 2010
  9. ┼blackrat┼

    ┼blackrat┼ Senior Member

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    Holy crap this is genius.
     
  10. howard_hughes

    howard_hughes Elite Member

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    Nice Copy Paste, Long Back I've read it somewhere else.
     
  11. abdaar007

    abdaar007 Junior Member

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    Wait, so you dont have to invest anything? I mean can you just start with the $25 that you get from the bonus?

    And to rinse and repeat, do you mean to open newer account? So how much we looking at if we open like 10 accounts lol.

    This method is THE best money making method that I have come across...hopefully this thing works like clockworks.
     
  12. zeppelin

    zeppelin Newbie

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    very nice method.. it sounds good, i'll definitely have to give it a try
     
  13. FireofWar

    FireofWar BANNED BANNED

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    You only receive the $25, if you wager your $25 at betfair, the thing is since your risk of losing money is 0% because of your counter bets at the 2nd booker, you will always win, either the game +bonus, or only the bonus!
     
  14. destination-target

    destination-target Regular Member

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    will give a try. any one have success with it?
     
  15. tatung

    tatung Newbie

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    this is an very old technique...the odds of finding a bet on both you can profit from is very small...they check these with automated systems..
     
  16. abdaar007

    abdaar007 Junior Member

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    Hmm...this is really a first of its kind type of method that I am coming across, so I am a little confused, rather I have many questions...

    So you do have to deposit $25 in the beginning if I am not mistaken? and can you answer how you can rinse and repeat...that is unless I am not wrong with the make multiple accounts thing.
     
  17. h@cker

    h@cker Junior Member

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    Hey is my calculations right on this match

    [​IMG]

    Just want to check before real betting

    If I back the bet worth $100 and lay the bet for $100

    Pinnacle Sports
    Win=$430 Loss=$100

    Betfair

    Win-$100 Loss=$380

    Is the calculation correct.
     
  18. juupjupp

    juupjupp Newbie

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    How do taxes work on Gambling? If you were to break even doing this by grossing 100k and loosing 100k how much do you pay in taxes?
     
  19. kriss_kringle

    kriss_kringle Newbie

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    What happens if you bet for a win at a bookie and at betfair for a loss and the match ends a draw?
     
  20. FireofWar

    FireofWar BANNED BANNED

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    Pinnacle - 100 x 5.3 = 530 - 100 = $430 Profit
    Betfair - 100 x 4.8 = 480 - 100 = $380 Liability

    Pinnacle - If Win = $430 , If Lose = -$100
    Betfair - If Win = $100 , If Lose = -$380

    Pinnacle $430 - $380 = $50 (+$25 Bonus)
    Betfair $100 - $100 = $0 (+$25 Bonus)

    Please note that you will only win the bonus 1 time!

    But even after, you can continue to use this system as a free bets system!

    Note that if the bonus didn't existed, your outcomes would be, either winning, or having a $0 Net profit.

    Which means that you will never lose 1 cent doing this, you can situations where your net profit is $0!! but that's it!

    You either Win or have NO LOSS!