1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

This Is For You Newbie Sports Bettors Who Want To Try Arbitrage

Discussion in 'BlackHat Lounge' started by The Scarlet Pimp, May 4, 2016.

  1. The Scarlet Pimp

    The Scarlet Pimp Senior Member

    Joined:
    Apr 2, 2008
    Messages:
    884
    Likes Received:
    3,324
    Occupation:
    Chair moistener.
    Location:
    Cyberspace
  2. driulis

    driulis Regular Member

    Joined:
    Dec 22, 2012
    Messages:
    400
    Likes Received:
    61
    You will get banned from the bookies - search internet for people trying to do that. Yes, you need to make round numbers when betting to not make it so obvious but bookies do not like players like that and ban them or make insane limits on maximum bets so there is no point for you to engage in arbitrage betting... Have you tried that yourself with any luck?
     
  3. The Scarlet Pimp

    The Scarlet Pimp Senior Member

    Joined:
    Apr 2, 2008
    Messages:
    884
    Likes Received:
    3,324
    Occupation:
    Chair moistener.
    Location:
    Cyberspace
    you are right about the round numbers.

    i looked into it a few years ago but i never got around to it. you need a bunch of accounts to make it work and to avoid detection. plus the profits are pretty small unless you bet in the hundreds.

    i'd still like to try it a few times, just for fun. :D

    there was a post about this subject a while ago so i thought i'd post this.
     
  4. driulis

    driulis Regular Member

    Joined:
    Dec 22, 2012
    Messages:
    400
    Likes Received:
    61
    Yeah, I was also interested a few years ago while I was playing online poker for a living. :) But you need a huge bankroll to be able to make some profits which are really small when compared to investment and there are rumours about some bookies not allowing you to withdraw your money. But if you are from a better country than mine, then you can use arbitrage betting with signup bonuses (I once found a website that explained the strategy that allowed to make some nice profits since clearing bonuses was a breeze this way but can't remember it). So, arbitrage betting on its own is not a great idea unless there are some really good strategies these days that I do not know (possible :D ) but coupled with signup bonuses might work - needs some investigation. :)
     
    Last edited: May 5, 2016
  5. 1morenoob

    1morenoob BANNED BANNED

    Joined:
    Nov 17, 2014
    Messages:
    412
    Likes Received:
    193
    done it before, you get banned quick. Most arbs are 2-3% and on some ridiculous market like Azerbaijan v iraq ladies so its quite apparent to them whats going on when you bet £1k to make £20-30.
    Better to use sign up/reload/acca bonuses like the guy above said. Loads of sites for it, profit accumalator,yes bets,odds monkey
     
  6. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    7,546
    Likes Received:
    21,516
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    I do not get why you would get banned. So you use Betfair for lay betting, and say Ladbrokes for the other bet. Why would either give a fuck about the other?
     
  7. Visit

    Visit Senior Member

    Joined:
    Mar 11, 2014
    Messages:
    840
    Likes Received:
    305
    Occupation:
    Porn Star
    Location:
    Where that Show The Broen is Located
    Home Page:
    Gambling is so rigged. Spend that money on alcohol?
     
  8. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    7,546
    Likes Received:
    21,516
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    There is a close relationship between people who drink excessively, take drugs and gamble. They are all fuckwits.
     
  9. Visit

    Visit Senior Member

    Joined:
    Mar 11, 2014
    Messages:
    840
    Likes Received:
    305
    Occupation:
    Porn Star
    Location:
    Where that Show The Broen is Located
    Home Page:
    ........thank you for your compliment :D
     
  10. dhihi

    dhihi Junior Member

    Joined:
    Dec 9, 2010
    Messages:
    121
    Likes Received:
    44
    Yes, you will get baned for sure
     
  11. fc-dh

    fc-dh Elite Member

    Joined:
    Oct 20, 2012
    Messages:
    1,875
    Likes Received:
    1,454
    Occupation:
    Blackhatting
    Location:
    Den Haag | Netherlands

    I am not a fuckwith :-((
     
  12. vinny199

    vinny199 Junior Member

    Joined:
    Dec 12, 2014
    Messages:
    114
    Likes Received:
    13
    Gender:
    Male
    Occupation:
    Business Man
    Location:
    USA
    So you use Betfair for lay betting, and say Ladbrokes for the other bet.
     
  13. The Scarlet Pimp

    The Scarlet Pimp Senior Member

    Joined:
    Apr 2, 2008
    Messages:
    884
    Likes Received:
    3,324
    Occupation:
    Chair moistener.
    Location:
    Cyberspace
    exactly! you never place both bets with the same booker. that may be why some people get banned.

    some people think it's easy money. easy? yes! but the pickings are slim.