) , but I need to know 
Titou Sauber wrote: ↑Sat Dec 30, 2023 4:07 pmHello arbers,
I'm still gaining experience with arbitrage betting but I want to set realistic expectations when it comes to this investment.
Since I'm from north of Africa I'm not gonna be too greedy when it comes of my profit ambitions(maybe just a little
**** with a bankroll of 1000$-2000$ invested and with a non too aggressive but disciplined arbing behaviour for account longevity, will I be able to generate 20,000$ in the end of this year with only regular arbitrage betting? ****
Are you aware of today's date?Titou Sauber wrote: ↑Sat Dec 30, 2023 4:07 pmHello arbers,
I'm still gaining experience with arbitrage betting but I want to set realistic expectations when it comes to this investment.
Since I'm from north of Africa I'm not gonna be too greedy when it comes of my profit ambitions(maybe just a little
**** with a bankroll of 1000$-2000$ invested and with a non too aggressive but disciplined arbing behaviour for account longevity, will I be able to generate 20,000$ in the end of this year with only regular arbitrage betting? ****
Hi,arb12 wrote: ↑Sat Dec 30, 2023 6:16 pm
Hello,
You described the initial conditions - starting funds around 2 000 and aiming to gain ten times the initial funds within one year from now on. Let's say around 1 000 percent profit for 365 days.
Because of the mention of terms like investment and discipline in your posting, I will give you some indirect ideas to be considered:
- How many sustainable businesses have a profit norm of 1 000 percent annually? If that is already sustainable, how exactly do they cover the risk?
- What is the risk factor in this rate of return?
- Avoid at all cost worldwide well-advertised agencies, ending in ...Xbet and their multiple clones under various names.
- How exactly do you handle the possible drawdowns beyond those, described by the standard deviations?
- And so on.
Wish you good luck.
The crying shame of the highest visible level (in front of the curtains) are the so-called regulatory bodies, they cannot return your stolen funds nor give you adequate arguments for their imitation of activities. Curaçao?Hey admin,arbusers wrote: ↑Tue Jan 02, 2024 5:26 pmYour questions are very general and can not be answered unless you provide more details.
For example...
1. What is the list of bookmakers available to your country?
2. Do you have Betfair or any other experience at your disposal uninterruptedly?
3. Do you have e-wallets or banks willing to facilitate your business in your country?
4. What is the behaviour of these bookmakers and exchanges towards bettors from you country?
5. How about taxation?
6. What is your level of experience? Are you completely newbie?
Now to address some of your statements, I would say that these days it doesn't worth it starting with arbitrage. It pays more to start with Value Betting, and especially live value betting. Bots could facilitate your business if certain conditions are met. Lastly, even if you are a highly experienced smart bettor, it seems to me like a Herculean task to generate 20K with an initial bankroll of 1-2K. I am not saying it can't be done, all I am saying is that it is very difficult.
Go on if you have more questions, and of course best of luck and welcome to our forum.
Titou Sauber wrote: ↑Wed Jan 03, 2024 11:06 am1- I have already checked the bookmakers available in my country which are alot but I'm only aiming to do business with a some of them:
Softs: bet365,Betway,SBOBET,Parimatch,1xbet(not too much funds in this one). //// Sharps: Pinnacle, BetInAsia, Asianconnect. //// Exchanges: I have no idea still but orbit sounds good as I have no access to Betfair.
2- I have no experience using Betfair or any exchange, as I used mostly sharp bookies in my trial.
3- yes I have the banks and financing part figured out, got in touch with the customer support about gambling activities and everything and I have an E-wallet already used arbing in some bookies.
4- I'm not well informed about how bookmakers exactly act cuz there's basically no experience in my country regarding arbing online, but from my own experience(I tried learning to arb for a month) I can say that no soft bookie from the 4 i used limited me except one.
5-no taxation for gambling in my country.
6-Im not totally newbie as I read a lot everyday about arbitrage betting and VB, and tried arbing with a non consistent arbing behaviour with relatively smaller budget than I mentioned above, and I made about 50% bankroll profit in a month(but I know that starting with a bankroll of 300$ is not the same as starting with a bankroll of 1000-2000$ as the latter will face more supervision and more restriction).
Thank you very much admin, you gave a realist but yet not demoralising analysis I really appreciate it.arbusers wrote: ↑Thu Jan 04, 2024 4:10 am
OK, here are my comments:
1. I believe you should have a closer look at your list. Already some of the bookmakers you referred have a terrible record and the odds that you get paid from them are not in your favour. If there are more bookmakers at your disposal dont be quick to discard them. Some times diamonds can be found in the garbages.
2. If you decide to go for arbing, then Betfair will be a must and you should start getting familiarised with it. If you decide to go for Value Betting, then I m sure you can live better off with out Betfair.
3. Great. If you think the answers that you received from them are solid, then you can consider your self lucky.
4. This is going to be a trial and error process. Search in our forum and you might find the experience of our members with certain bookmakers. The draw relevant conclusions for your country.
5. Then you are lucky indeed.
6. Start slow and scale up during the learning process.
From your answers, and especially the #1 answer I understand that not all conditions are met for your task to make 20k per annum. Be careful, go step by step, ask exact questions, and move forward.
Listen. You are in the beginning of a journey. There is no guarantee this journey will be a pleasant one and your destination will be rich. And if you find it poor, It won’t have fooled you. Wise as you will have become, so full of experience, you’ll have understood by then what this Journey mean.
But, let's hope you will not find it poor.
Thank you very much for your enlightening response, I'll recheck everything and start not so recklessly.arb12 wrote: ↑Tue Jan 02, 2024 8:01 pm
@ Titou Sauber,
Here I'm not mentioning the turnover at all, the more the turnover (triggered by positive math expectations), the more the profits in the long run (VB, trading and other techniques).
In my previous posting, I just kept in mind the extremely risky nature of the old arbitrage manner these days. Never been an "absolutely no risk" the arbing thing.
I'm not referring to the normal trading activity drawdown. Your funds might witness a drawdown in the "riskless" arbing through voiding winning outcomes "due to abnormal activities", stealing your funds by worldwide famous (pseudo)"agencies" and their alter egos (of course, when you lift your winnings) and many more magical tricks. Users know those "agencies" due to their sponsorship of the most well-known soccer teams and the perfect pitfall is smiling at you
What would Diogenes of Sinope tell them all - sponsors, sponsored teams and regulators, luring the market users?
Take a lot of time, read in-depth and further re-read www.arbusers.com, some quality discussions and opinions on that wonderful Forum are like Antoine De Saint-Exupéry's literature - every time you re-read it, you'll discover new things behind the symbols and "hidden" Knowledge. In my opinion, value market positions / trading are much better, who knows?
And again, what exactly kinds of businesses gain 1 000 percent annually, and how exactly do they cover the risk?
The purpose of this post is not to discourage you, but to look at some risks that are happening to the rookies in modern times and to re-think about the alternatives.
