Hey Joe!
Not exactly. With so many sports (soccer, basketball, rugby, hokey, football, tennis etc), over 6 different betting markets and over 150 possible cross market combinations, 100 to 150 arbs per day can be spotted very easily. 5% is pretty rare, but 1%-3% is still pretty damn good. As you said, it’s pretty all automated. After two weeks of paper trading, it takes me only like 40 seconds or less to spot and confirm a full arb.
This concept is genius and completely legal. The only problem is bookies limiting your max stake to peanuts after a while of winning, and over time you will be left with almost no good book out of the 130 out there. In the past it was pretty easy to make good and easy money out of it, till it became more popular and the books understood arbers are hurting their business, so they spot them and limit then asap. Today, if you don’t have the option of getting your hands on a new ID and address every few months, you don’t really have a chance. But I am still thinking maybe with all the bonuses involved it can give a small capital boost during a month or two.
I have talked to a person arbing since 2003 which last year fold up his stuff. His last year of arbing made him 50K euro in total, and most ironically he used it all this year trying to trade the stock markets with “the Elliot wave method” and blew away his entire bankroll. LOL. If he is smart enough he will follow my advice and pop to say hello around here.
Hey Mike what sup amigo!
This concept is genius and completely legal. The only problem is bookies limiting your max stake to peanuts after a while of winning, and over time you will be left with almost no good book out of the 130 out there. In the past it was pretty easy to make good and easy money out of it, till it became more popular and the books understood arbers are hurting their business, so they spot them and limit then asap. Today, if you don’t have the option of getting your hands on a new ID and address every few months, you don’t really have a chance. But I am still thinking maybe with all the bonuses involved it can give a small capital boost during a month or two.
I have talked to a person arbing since 2003 which last year fold up his stuff. His last year of arbing made him 50K euro in total, and most ironically he used it all this year trying to trade the stock markets with “the Elliot wave method” and blew away his entire bankroll. LOL. If he is smart enough he will follow my advice and pop to say hello around here.