Hello everyone, I am a learner from China.
- xyf
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Hello everyone, I am a learner from China.
In China, gambling is not allowed. But there are still many gambling platforms running, they are very reputable and rarely restrict betting. But the traditional surbet will be identified before the game or on the spot. In China, if it is identified as arbitrage, you can easily get nothing. If you have a good strategy, please reply to me. I am happy to do something for everyone in China and I also want to learn from you. I am a beginner, I only know how to bet before the game and live football. I don't have a good strategy to circumvent them, sorry for my poor English.
- hardcore
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Re: Hello everyone, I am a learner from China.
What sportsbooks are the most popular among Chinese gamblers?
- xyf
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- HUASHU
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- xyf
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SBO BTI
Some people also use bet365, Wade and Pinnacle.
Re: Hello everyone, I am a learner from China.
There are many gambling companies in China, but their APIs are basically the same. Saba FB OB IM
SBO BTI
Some people also use bet365, Wade and Pinnacle.
- hardcore
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Re: Hello everyone, I am a learner from China.
Are those comapnies offshore? If gambling is prohibited in China, there should be no bookmakers' offices physically located in China?
- xyf
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Re: Hello everyone, I am a learner from China.
There are no physical offices in China. Only individuals who provide them with payment and give these people 10%-20% of the payment. They are always caught by the police. These bookmakers are all in Southeast Asia and attract Chinese gamblers, and they are not open to IPs from other countries.hardcore wrote: ↑Wed Oct 30, 2024 3:03 pmAre those comapnies offshore? If gambling is prohibited in China, there should be no bookmakers' offices physically located in China?
- arbusers
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Looks like a Hawala system to me.
I know Chinese are the most addicted to gambling nation in the world, and I am always wondering how do they channel this addict to the SE Asia bookmakers.
Re: Hello everyone, I am a learner from China.
xyf wrote: ↑Wed Oct 30, 2024 3:32 pmThere are no physical offices in China. Only individuals who provide them with payment and give these people 10%-20% of the payment. They are always caught by the police. These bookmakers are all in Southeast Asia and attract Chinese gamblers, and they are not open to IPs from other countries.
Looks like a Hawala system to me.
I know Chinese are the most addicted to gambling nation in the world, and I am always wondering how do they channel this addict to the SE Asia bookmakers.
- xyf
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Re: Hello everyone, I am a learner from China.
With the development of the Internet, this is not a difficult thing. The government's crackdown is getting bigger and bigger, mainly targeting those companies or individuals who pay for Zhuang.arbusers wrote: ↑Wed Oct 30, 2024 5:56 pmxyf wrote: ↑Wed Oct 30, 2024 3:32 pmThere are no physical offices in China. Only individuals who provide them with payment and give these people 10%-20% of the payment. They are always caught by the police. These bookmakers are all in Southeast Asia and attract Chinese gamblers, and they are not open to IPs from other countries.
Looks like a Hawala system to me.
I know Chinese are the most addicted to gambling nation in the world, and I am always wondering how do they channel this addict to the SE Asia bookmakers.
- xyf
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Re: Hello everyone, I am a learner from China.
Before 2020, most of the bookmakers in China had the best reputation. Because 80% of Chinese people were playing baccarat at that time, bookmakers did not need to cheat or restrict withdrawals to make profits. Even a withdrawal of 1,000,000 RMB (about 120,000 euros) did not require any KYC verification, which I saw with my own eyes. These platforms ignored any sports arbitrage, because the bookmakers would not care about the slightest loss. However, as the government has cracked down on gambling in recent years, the reputation of these companies is not as good as before, and arbitrage has gradually become more important.arbusers wrote: ↑Wed Oct 30, 2024 5:56 pmxyf wrote: ↑Wed Oct 30, 2024 3:32 pmThere are no physical offices in China. Only individuals who provide them with payment and give these people 10%-20% of the payment. They are always caught by the police. These bookmakers are all in Southeast Asia and attract Chinese gamblers, and they are not open to IPs from other countries.
Looks like a Hawala system to me.
I know Chinese are the most addicted to gambling nation in the world, and I am always wondering how do they channel this addict to the SE Asia bookmakers.
- HUASHU
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Re: Hello everyone, I am a learner from China.
First of all, the most basic thing is to warm up an account. I will deposit dozens of U in one account, and hedge losses (small losses plus small profits) through different accounts of multiple platforms. After testing for more than a month, when the situation gradually stabilizes, I will increase funds appropriately and slowly make value bets. Yes, I don’t like to do arbitrage because the capital risk is too high and there is no flexibility like value betting. I think the problem you are considering is not the strategy, but whether the account reserves are sufficient, because every professional full-time arbitrage expert will have various channels to obtain accounts, so no matter what strategy, the account is the key
Wish you a successful career
From China
Wish you a successful career
From China