Arbing nowdays

Pages: [1]
Author Topic: Arbing nowdays  (Read 1928 times)
Battlefield24
Guest


Email

Battlefield24

Arbing nowdays
« on: August 16, 2017, 05:27:33 PM »

Hello everyone, i have been looking for quite a while all the post and topics about arbing because i am trying to start again arbing after 1 year and trying to see where the new loopholes are even thought webcam verification has been a bomb. Something got my attention and in most of the post and comments i see the pros and the newbies and what i dont get is how can this much amount of money can be made in a short time, there was some newbies doing like 10k a month. Ok i get it more money invested but there is a limit bet u can place. I am not counting the errors made and the void bets. And also acc gets limited so how they can achieve so much in a month. i am not telling you come and tell me all your secrets and serve them in a plate of gold but i really dont get it and its bugging me so much because there is normal for a pro that after all this time has made a huge amount of money i get it.
Also another thing is the own arbing system after a lot of research i see a lot people telling that you cant be called an arber if you dont have your own arbing system. I am a software engineer just finished school and i cant do an app like this.(is there any problem with my coding skills or there is a formula that must be implemented?)
Logged
ppintaluba
Pro
*****

Karma: 34
Posts: 623


View Profile WWW

ppintaluba

Re: Arbing nowdays
« Reply #1 on: August 16, 2017, 06:06:25 PM »

What do you mean by "there is a formula that must be implemented?" 

Of course there is. Many formulas. How do you plan to detect arb situations without formulas?
Logged

Smart Bet Tracker
www.smartbettracker.com
barbero
Getting better
***

Karma: 15
Posts: 220


View Profile

barbero

Re: Arbing nowdays
« Reply #2 on: August 16, 2017, 11:44:04 PM »

Take it easy, developing a good arbing software is not an easy task. I don't think the fact that you can't do it means there's a problem with your skills at all ;)

On the other hand, you can rest assured that guys making 10k/month are not newbies.

Good luck and remember: practice makes perfect.
Logged
Battlefield24
Guest


Email

Battlefield24

Re: Arbing nowdays
« Reply #3 on: August 17, 2017, 01:17:01 AM »

What kind of formulas the botstraping procces and the one comparing the odds ?
Can i find this pieces of code anyware?
And is it worth buy or renting a software (have heard about rebelbetting and oddmonkey)? If yes which one is worth it ?
« Last Edit: August 17, 2017, 01:31:30 AM by Battlefield24 » Logged
ppintaluba
Pro
*****

Karma: 34
Posts: 623


View Profile WWW

ppintaluba

Re: Arbing nowdays
« Reply #4 on: August 18, 2017, 12:04:15 AM »

If you don't know how to identify an arbitrage (mathematically speaking) how can you program it? It's not about development skills. You must know the process and the math to detect arbitrages before coding it. Don't look for pieces of code. Look for the formulas and understand the calculations.

However that's the easy part. After understanding the formulas you have much more difficult tasks, like getting odds from different bookmakers (apis, scraping, etc), and match the events and markets (how do you tell if events are the same on different bookmakers)? Ask betburger or oddstorm how they do it :)
Logged

Smart Bet Tracker
www.smartbettracker.com
GubbedAndSubbed
Not even a newbie


Karma: 0
Posts: 1


View Profile

GubbedAndSubbed

Re: Arbing nowdays
« Reply #5 on: August 20, 2017, 03:23:05 PM »

Random question really: but would software engineering be the most appropriate Uni course , to undertake you you wanted to create arb software? ... i ttought something like computer science software developing would be the perfect fit?!
Is james Butlers "programming for betfair" any good?
it runs off of Visual basic, which seems easier to code than java etc
Logged
maletaja
Probably a Pro
****

Karma: -25
Posts: 462


View Profile

maletaja

Re: Arbing nowdays
« Reply #6 on: August 20, 2017, 07:19:01 PM »

I dont get it why u have to program it or waste recources. Good developer earns very good money creating some google or amazon, not some marginal project which is waste of time. When u know bookies have teams of developers to create some algos to detect arbers lot more
Logged
Battlefield24
Guest


Email

Battlefield24

Re: Arbing nowdays
« Reply #7 on: August 21, 2017, 12:10:35 AM »

Yeah yeah i own facebook i am just doing this for fun
Logged
Harmonica
Newbie
*

Karma: 0
Posts: 6


View Profile

Harmonica

Re: Arbing nowdays
« Reply #8 on: August 21, 2017, 01:34:22 PM »

in college they don't teach you how to web scrape so there's something the arb softwares do that you also need to do hehe.
Logged
aprogrammer
Newbie
*

Karma: 0
Posts: 3


View Profile

aprogrammer

Re: Arbing nowdays
« Reply #9 on: September 14, 2017, 04:57:43 PM »

The maths is tricky, but you can find the formulas on the internet. The rest i much much harder.
Logged
Pages: [1]
Print