Its literally the most stupid thing ive ever seen. So if you want to bet £2000 on something you bet £4000?
Seems like a way to get you to deposit twice as much as you would otherwise to scam double the amount in all honesty.
GET 50 PERCENT OFF WIN OR LOSE
- dealer wins
- Totally Pro
- Karma: 44
- Alfa1234
- Totally Pro
- Karma: 63
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Re: GET 50 PERCENT OFF WIN OR LOSE
If you're sure they'll pay...you just need math.
Let's say that bookie has an odd of 2 and you find the opposing odd at Pinnacle of say 1.8. This is a negative arb and you can find thousands of them.
Say you bet 500 in the gold bookie and 450 at Pinnacle. If you win at your gold mine, you just made 50. If you win at Pinnacle, you just won 360 there and only "lost" half your stake in the gold bookie thanks to the cashback...so you still won 90, right?
Then go from there. Your next bet you adjust the stakes to reflect the new balance depending on who won and how much you could make should you win in the gold bookie or lose there etc etc. Work it out.
Let's say that bookie has an odd of 2 and you find the opposing odd at Pinnacle of say 1.8. This is a negative arb and you can find thousands of them.
Say you bet 500 in the gold bookie and 450 at Pinnacle. If you win at your gold mine, you just made 50. If you win at Pinnacle, you just won 360 there and only "lost" half your stake in the gold bookie thanks to the cashback...so you still won 90, right?
Then go from there. Your next bet you adjust the stakes to reflect the new balance depending on who won and how much you could make should you win in the gold bookie or lose there etc etc. Work it out.
- xajaker
- Gaining experience
- Karma: 1
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Re: GET 50 PERCENT OFF WIN OR LOSE
i will explain my confusion with the maths, i am calculating and then maybe i can get help with the confusion i am having.
please if you will spare some minutes to see the screen shot. i will explain using it.
Now based on the shot, my total bet amount is 6120.
from the normal bookies like any other bookie, i win 2365 and from the bookie i made the deal, i win 3108.
so my total return is 5473 and my total expense is 6120 so i am losing 647.
From my 50 percent bookie, i will get a return back since i lost more and so my return back is (4320 (240 x 18 bet) - 3108) % 2
this becomes 4320 -3108 which is 1212 % 2 which is 606, so i will get 606 from them.
so my total return becomes 647 - 606, so i am minus -47 after all this.
please is there a place i am mistaking, this is a rough randomization, trying to use the worst case.
please if you will spare some minutes to see the screen shot. i will explain using it.
Now based on the shot, my total bet amount is 6120.
from the normal bookies like any other bookie, i win 2365 and from the bookie i made the deal, i win 3108.
so my total return is 5473 and my total expense is 6120 so i am losing 647.
From my 50 percent bookie, i will get a return back since i lost more and so my return back is (4320 (240 x 18 bet) - 3108) % 2
this becomes 4320 -3108 which is 1212 % 2 which is 606, so i will get 606 from them.
so my total return becomes 647 - 606, so i am minus -47 after all this.
please is there a place i am mistaking, this is a rough randomization, trying to use the worst case.
- xajaker
- Gaining experience
- Karma: 1
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Re: GET 50 PERCENT OFF WIN OR LOSE
Thanks Alfa1234 and dealer wins, i made a calculation now, can you advise with that please
- saniyar
- Gaining experience
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gg
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Re: GET 50 PERCENT OFF WIN OR LOSE
@ xajaker
The trap with the "golden bookie" is that you will get 50% of your losses every (15) days and not at the end of every single game.. But since this bookie has low odds, means that around every 18 days, your initial capital will be almost zero.
So, the best case scenario is to make 15 straight loses on the "golden bookie" and take some money back, but your initial capital will be very close to zero.
This deal works only with bookies, whose odds make a very close to 0% arbitrage with shapr bookies. So, either you will not lose your initial capital or you will get from the "golden bookie" some rebate back,whch will finally be your profit. And your profit will solely depend on the contribution of win/lose results.
The trap with the "golden bookie" is that you will get 50% of your losses every (15) days and not at the end of every single game.. But since this bookie has low odds, means that around every 18 days, your initial capital will be almost zero.
So, the best case scenario is to make 15 straight loses on the "golden bookie" and take some money back, but your initial capital will be very close to zero.
This deal works only with bookies, whose odds make a very close to 0% arbitrage with shapr bookies. So, either you will not lose your initial capital or you will get from the "golden bookie" some rebate back,whch will finally be your profit. And your profit will solely depend on the contribution of win/lose results.
Last edited by gg on Fri Oct 06, 2017 7:15 pm, edited 1 time in total.
- xajaker
- Gaining experience
- Karma: 1
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Re: GET 50 PERCENT OFF WIN OR LOSE
Thanks you Gg, finally i think i am understood.
i was beginning to think if i was really stupid or drunk.
But i have tired losing, believe me it is not easy also especially when you are losing some amount not matter the outcome.
i was beginning to think if i was really stupid or drunk.
But i have tired losing, believe me it is not easy also especially when you are losing some amount not matter the outcome.
- Shariks93
- Gaining experience
- Karma: -4
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Re: GET 50 PERCENT OFF WIN OR LOSE
say bookie name or shut upxajaker wrote: Thanks you Gg, finally i think i am understood.
i was beginning to think if i was really stupid or drunk.
But i have tired losing, believe me it is not easy also especially when you are losing some amount not matter the outcome.
- xajaker
- Gaining experience
- Karma: 1
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ok somebody is trying to close my post, well he doesnt have any advise.
please any other advise
Re: GET 50 PERCENT OFF WIN OR LOSE
Shariks93 wrote:say bookie name or shut upxajaker wrote: Thanks you Gg, finally i think i am understood.
i was beginning to think if i was really stupid or drunk.
But i have tired losing, believe me it is not easy also especially when you are losing some amount not matter the outcome.
ok somebody is trying to close my post, well he doesnt have any advise.
please any other advise
- barbero
- To become a Pro
- Karma: 27
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Re: GET 50 PERCENT OFF WIN OR LOSE
What we meant is a scam on the bookmaker's side, not a scam by you.
Meaning they probably won't pay... but if they do, it sure is one hell of a deal. So just be careful, check if this bookie honours all payments, etc.
As for the way to exploit it, as Alfa suggested, you just need to adjust the calculations after each bet. Depending on the amount you bet and the side you win, that will make you enter in negative or not, thus getting or not getting 50% back for part of the amount you bet, etc. It's a matter of doing the numbers in a spreadsheet
Good luck
Meaning they probably won't pay... but if they do, it sure is one hell of a deal. So just be careful, check if this bookie honours all payments, etc.
As for the way to exploit it, as Alfa suggested, you just need to adjust the calculations after each bet. Depending on the amount you bet and the side you win, that will make you enter in negative or not, thus getting or not getting 50% back for part of the amount you bet, etc. It's a matter of doing the numbers in a spreadsheet
Good luck
- xajaker
- Gaining experience
- Karma: 1
- Shariks93
- Gaining experience
- Karma: -4
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Re: GET 50 PERCENT OFF WIN OR LOSE
isnt easier just write 1 name - BOOKIE name??? you write all the time stupid questions and other stuff like that. give bookie name or shut f up!!xajaker wrote: thank you ,
i will try to check on that
- Alfa1234
- Totally Pro
- Karma: 63
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Re: GET 50 PERCENT OFF WIN OR LOSE
Or YOU could stop whinging about it and leave the guy alone. I have not seen 1 positive thing posted by you in the entire forum...try to contribute sometime instead of tearing everything down.Shariks93 wrote:isnt easier just write 1 name - BOOKIE name??? you write all the time stupid questions and other stuff like that. give bookie name or shut f up!!xajaker wrote: thank you ,
i will try to check on that
- Shariks93
- Gaining experience
- Karma: -4
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Why he write all this bullshit all the time, but cant say 1 name like bookie name?
Re: GET 50 PERCENT OFF WIN OR LOSE
You need to look better!Alfa1234 wrote:Or YOU could stop whinging about it and leave the guy alone. I have not seen 1 positive thing posted by you in the entire forum...try to contribute sometime instead of tearing everything down.Shariks93 wrote:isnt easier just write 1 name - BOOKIE name??? you write all the time stupid questions and other stuff like that. give bookie name or shut f up!!xajaker wrote: thank you ,
i will try to check on that
Why he write all this bullshit all the time, but cant say 1 name like bookie name?