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Australian Arbers

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Author Topic: Australian Arbers  (Read 6342 times)
Impermanence
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« on: July 20, 2014, 12:52:39 PM »

Hello

I am an Australian arber and thought I would start a thread to see if there are any other Aussies out there that may be keen to share tips etc.  I'm having a bit of difficulty finding info on the website - maybe I'm not looking hard enough or everyone is playing their cards close to their chest; perhaps a combination of the two! 

Anyway it seems as though Australia is a pretty good environment for arbing due to the big sign up bonuses on offer and the good reputation of most Australian bookies/strong regulatory environment.  Would be great to hear other Australian's opinions.  Feel free to pm me or post in this thread. 

My experience so far is that I've been limited on my main accounts by Bet365, Luxbet, sportsbet & IASbet - currently with Centrebet (& subsidiaries), Ladbrokes & Unibet as well as arbing through a few other smaller bookies for the sign up bonuses - I'm up about 7.5k AUD over the last few months so it is all going quite well so far.  However this is a combo of sign up bonuses and arbing so I can see these profits drying up pretty quickly unless I find ways to extend the experience after getting limited!  I am using betonvalue for arb alerts which I have found to be quite good. 

Cheers
impermanence
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johnsmith
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« Reply #1 on: July 21, 2014, 01:24:29 AM »

where abouts in aust are you ?
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Impermanence
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« Reply #2 on: July 21, 2014, 01:55:07 AM »

Canberra
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drhoo
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« Reply #3 on: July 21, 2014, 09:46:18 AM »

i am also interested how is online betting going in New Zealand.

Anyone knows which bookies are available from NZ and what kind of taxation laws do they have?
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HeavyRigid
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« Reply #4 on: July 21, 2014, 01:07:36 PM »

G'day mate! Fellow Australian checking in.


Keep scouring the forums, plenty of great info to be had here.
also
Sometimes it is important to read between the lines, what is not being said can be the most profitable option.

Sign up bonuses here are juicy indeed, but sometimes I wonder if by maxing them i'm curtailing my arbing career. It is hard to turn down those $700+ bonus bets though.


No idea how our friends over the Tasman operate, I would hazard a guess they use most of the same bookies Australians do.
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Impermanence
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« Reply #5 on: July 22, 2014, 10:54:39 AM »

i am also interested how is online betting going in New Zealand.

Anyone knows which bookies are available from NZ and what kind of taxation laws do they have?

Hello there, I don't know a great deal about the situation over in NZ.  However I would hazard a guess, re tax laws for sports arbing, that all profits are tax free as they are in Australia. 

I have been chatting to someone from NZ regarding sports arbing in NZ (he is just getting into it), and there doesn't seem to be a great deal of NZ based bookies, and fewer sign up bonuses as well.  Most of the sign up bonuses from Aus bookies are available to Australian customers only, however it would still be a good idea I believe to sign up and arb with the Australian bookies.
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Impermanence
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« Reply #6 on: July 22, 2014, 10:58:41 AM »

G'day mate! Fellow Australian checking in.

Keep scouring the forums, plenty of great info to be had here.
also
Sometimes it is important to read between the lines, what is not being said can be the most profitable option.

Sign up bonuses here are juicy indeed, but sometimes I wonder if by maxing them i'm curtailing my arbing career. It is hard to turn down those $700+ bonus bets though.


No idea how our friends over the Tasman operate, I would hazard a guess they use most of the same bookies Australians do.

Hey mate, thanks for posting!  Interesting point of view with regards to accepting the sign up bonuses, I have been taking advantage of all of them but I may think twice about this from now.  Although I believe the sign up bonuses are aimed mainly at the square punter so perhaps taking advantage of these bonuses won't bring attention to your accounts from this point of view.  I am of the belief that most bookies look at your betting activity and the markets you are betting on as to whether they are looking at limiting you, I could be mistaken though. 
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wujerry
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« Reply #7 on: July 23, 2014, 04:51:59 AM »

Canberra

Hi, mate! I'm also in Canberra. I was just limited by sportsbet.
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Impermanence
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« Reply #8 on: July 23, 2014, 02:02:44 PM »

Hi, mate! I'm also in Canberra. I was just limited by sportsbet.

Hi mate, I was limited by sportsbet & IASbet after two arbs!  They don't take kindly to our type around there it seems.  Anyway there are plenty of other bookies in Aus and perhaps overseas so you're still OK for now.  Good luck with the rest of the bookies!

I have found luxbet to limit your betting limits very quickly as well, however I have had good success with bet365, Centrebet & unibet so far.  Hopefully this continues for a while...
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wujerry
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« Reply #9 on: July 24, 2014, 12:08:11 AM »

Hi, mate! I'm also in Canberra. I was just limited by sportsbet.

Hi mate, I was limited by sportsbet & IASbet after two arbs!  They don't take kindly to our type around there it seems.  Anyway there are plenty of other bookies in Aus and perhaps overseas so you're still OK for now.  Good luck with the rest of the bookies!

I have found luxbet to limit your betting limits very quickly as well, however I have had good success with bet365, Centrebet & unibet so far.  Hopefully this continues for a while...

Now I have only SBObet as the offshore one. Centrebet is nice, I bet there a lot, no problem. Do you have any experience about other offshore bookies?
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Impermanence
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« Reply #10 on: July 26, 2014, 06:49:57 AM »

Now I have only SBObet as the offshore one. Centrebet is nice, I bet there a lot, no problem. Do you have any experience about other offshore bookies?

I have not signed up to SBObet as yet, in fact the only offshore bookies I have signed up to are Pinnacle & betfair, I have to do more research before signing up to any soft overseas bookies but I am much more confident in the Aus. bookies. 

Actually I have just signed up at 10bet to dip my toe in the water with overseas bookies so I will see how that goes. 

IMO the safest course of action as an Australian is to arb through all the sign up bonuses the Aus. bookies are offering and then arb until you are limited, then look at arbing overseas.  Benefits of this being you can bet in AUD so no forex issues and there is a strong regulatory environment with Aus. bookies so I feel quite confident betting here. 

This is my plan anyway :)
« Last Edit: July 26, 2014, 06:51:35 AM by Impermanence » Logged

doncht
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« Reply #11 on: August 02, 2014, 02:47:05 PM »

Quote
benefits of this being you can bet in AUD so no forex issues and there is a strong regulatory environment with Aus. bookies

Thanks for that. It confirms my theory. I guess the only thing left to do is to test this out.
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wujerry
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« Reply #12 on: August 20, 2014, 01:02:35 AM »

Last night I was restricted by Centrebet. I bet on a tennis game for about 700$. Then after a few minutes,  the odds changed and I was cut by 80% (I test some markets and my winning allowed is 20% of that before, about 300$ on tennis and 350$ on baseball now). However, my sportingbet account was not affected. That's a good news.
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Impermanence
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« Reply #13 on: August 23, 2014, 10:13:37 PM »

Last night I was restricted by Centrebet. I bet on a tennis game for about 700$. Then after a few minutes,  the odds changed and I was cut by 80% (I test some markets and my winning allowed is 20% of that before, about 300$ on tennis and 350$ on baseball now). However, my sportingbet account was not affected. That's a good news.

Wow that is a worry.  Was the original $700 bet accepted or changed?  That would be a real issue for arbing purposes (i.e. place $700 Centrebet stake and corresponding Pinnacle stake, then Centrebet stake is reduced to $200 at lower odds a few minutes later - you would have to do some quick thinking to cover your position and end up with a negative arb). 

This happened to me at 10bet recently where I bet more than the max. bet allowed.  The bet was "pending" for a few minutes and they eventually accepted my bet, but they had reduced the odds from $2.10 to $1.92.  How sporting of them to accept my bet though - resulted in a $50 negative arb.  Very dodgy practice IMO.

That is strange that your sportingbet account was not affected - I would assume because they are the same owners being limited at Centrebet would = being limited at sportingbet too no?
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wujerry
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« Reply #14 on: August 24, 2014, 01:00:45 AM »

This never happened in Centrebet. Once they accept, they do not change. But after that, they cut my betting size. I was naive, they just spent some time to cut my sportingbet accout, and then tomwaterhouse. They limit me step by step. Now the winning limitation is even more smaller.100$ for MLB and 50$ for some tennis game.
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