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Janyanwu
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Advice

Sat Jul 30, 2011 5:19 pm

Hello brothers and Sisters of arbusers.

My name is Dobomoli from Canada. I am new to sports arbitrage. I would like to thank this forum for all the information it provides to its members at zero cost. I have a lot to learn from you guys and the professionals that do sports arbitrage for living. I wish I could meet each and every one of you face to face and learn the tricks of sports arbitrage trading. I would like to quit my day job and do this for living. That will take a while because I need to arm myself with some knowledge from this forum.

Just few people in Canada know about sports arbitrage. Most people will not believe you when you mention risk free betting. They will think you are a gambler and that topic will be closed.


I would like to know the tricks you use to complete the signup bonus and reload bonus from Costa Rica bookies that offer 30% to 50% cash bonus with 5 and 8 times rollover without loosing a penny from your profit. This bookies do not offer good odds in European football but their odds are good with American sports. It is very difficult using two markets because most of the time you will be winning at Costa Rica bookies that gave you bonus.

Brothers and Sisters of arbusers I need your help.


I found this site:

bmbets.com/sure-bets/

It offers a lot of good free arbs but I do not know If the following bookies are reliable: Marathon,Vivaro,Betcity,BetRedKings,AllYouBet,Bet3000.com,golpas.com,GoldBet,Toto and Tobet.

Has anyone used any of these bookies?  Please let me know your experience with any of these bookies.


I developed Excel spread sheet caculator for hedging multiple bets for bonus use only.

The bets will have 3 to 4 hours intervals between bet number 1, bet number 2,  bet number 3, etc - for the system to work.

Example: two team parlay - Chicago Cubs VS Louis Cardinals, time of the match 10.00 AM Pacific time  and Houston VS Milwaukee Brewers time of the match 7.00 PM Pacific time.

Chicago Cubs 2.59 odd vs Louis Cardinals 1.592 odd
Houston 2.59 odd vs Milwaukee Brewers 1.59 odd

Deposite  $100 and get 100% bonus free play from Costa Rica bookies  and make $200.00 bet  using two team parlay at bonus bookie with total odds of 2.59 x 2.59 = 6.7081 x 200 = 1341.62 minus $100.00 free bet = 1241.62 coming back to your account if you win the two team parlay at bonus bookie.

Bet 325.79  at Louis Cardinals with odd of 1.59 325.79 x 1.59 = 192.21 - $100.00 deposit we made at bonus bookies.

If Louis Cardinals win, you will make 92.21 and that is  the ends of the bet.

If Chicago Cubs win, you have 2.59 X 2.59 X 200 = 1341.62 -100 free play bonus.
Now we move on to the second leg of the bet - Milwaukee Brewers which has the odd of 1.59 = 1241.62/1.59 =780.89.
Bet 780.89 at Milwaukee Brewers. 
780.89x .59 = 460 - ($325.79 lost at Louis Cardinals + $100.00 original deposit at bonus bookie. ) = 34.94.

Profit of 34.94 if any team that wins the second leg of the bet. The idea is to loose at first leg because you earn more profit at first leg.

If any one need this calculator , please PM me and I will send it to you or I can send it to the owner of the forum to post it on this forum.

Please lets share ideas together and make huge profit together.




       

 

 
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arbusers
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Re: Advice

Sat Jul 30, 2011 8:19 pm

Welcome Dobomoli.
Bobo wrote:
I wish I could meet each and every one of you face to face and learn the tricks of sports arbitrage trading. I would like to quit my day job and do this for living.
This is a big decision.

Now about the rest. Since you are from Canada, you could take advantage of Euro bookmakers also. No need to focus on Costa Rican bookmakers only.
The general idea, is get the bonus and arb it out till you finish with the roll over requirement. To do that, you will need the help of a serious alert service. In general, Costa Rican bookmakers are not easy tasks. You can read in the bookmaker's section more info about this. Since you are focusing on American markets, you have to know that Pinny is a leader there, and all the rest will follow simulteniously. Some bookmakers are moving lines the same second that Pinny does, in order to avoid players like us.

I ve never heard of BMBets before, and i dont think i will take a look there, unless there is a very specific reason.

Marathon, or Marafon, Russian bookmaker, not for us.
Vivaro, Armenian bookmaker where a 25 euro bet is considered huge.
Betcity, Russian, not for us.
All you bet, some reliability issues here.
Bet3000, ok
GoldBet, some good and some bad reviews on this.
Tobet, Nordicbet skin.

Why do you have time intervals for placing bets? If you think that bookmakers will not limit you, you are mistaken.
I dont get exactly the startegy that you follow. Fell free to post your calculator, so everybody will be able to look at it.
Thanks
Janyanwu
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Re: Advice

Sat Jul 30, 2011 10:40 pm

Why do you have time intervals for placing bets? If you think that bookmakers will not limit you, you are mistaken.
I dont get exactly the startegy that you follow. Fell free to post your calculator, so everybody will be able to look at it.
Thanks


I am sorry I used wrong word what I meant was 3 to 4 hours  gap between games played by your selected  cobination bets ( paralay Bet)

This is how the system will work.

Play two or three team combination bet at the bookies that offer signup or reload bonus with 3 to 4 hours gap between the matches. Hedge your first bet using the stake amount at step one.
If your first bet is a winner at non-bonus bookie, the bet ends there. If your first bet is a winner at bonus bookie please hedge your second bet with the stake amount on step two. If you win step two at bonus bookie please hedge you last bet with stake amount at step three. Whenever a team is a winner at step one or step two at non-bonus bookie - the bet ends there.

How can I uplode the caculator so members can download it from the forum.
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Re: Advice

Sun Jul 31, 2011 7:14 am

Bobo wrote: How can I uplode the caculator so members can download it from the forum.
Is there any link for this?
Janyanwu
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Re: Advice

Mon Aug 01, 2011 1:17 pm

Is there any link for this?


No there is no link for the caculator.

I can only email to you so that you can post it on the forum.
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Re: Advice

Mon Aug 01, 2011 2:46 pm

Bobo wrote: I can only email to you so that you can post it on the forum.
Pm me.
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arbusers
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Re: Advice

Mon Aug 01, 2011 8:59 pm

Ok, I now have bobo's calculator. It is working i must say. Whoever wants it pm me pls.
Last edited by arbusers on Tue Aug 02, 2011 12:46 pm, edited 1 time in total.
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Re: Advice

Tue Aug 02, 2011 12:46 pm

Bobo's calculator became famous allready.
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Re: Advice

Tue Aug 02, 2011 3:26 pm

What is so special about this calculator?
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arbusers
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Re: Advice

Tue Aug 02, 2011 4:01 pm

I m sending it to your e-mail.
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Re: Advice

Wed Aug 03, 2011 7:22 am

Arbusers wrote: I m sending it to your e-mail.
me too please - thx
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arbusers
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Re: Advice

Wed Aug 03, 2011 12:48 pm

You got it.
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Re: Advice

Fri Aug 12, 2011 2:09 pm

can you send me the calculator please. Is there any calculator available that has the option to input the 5% betfair comissions? thanks
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Re: Advice

Fri Aug 12, 2011 3:28 pm

You got it.
da
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Re: Advice

Sat Aug 13, 2011 10:28 pm

Hello,

can you please send me this calculator?

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