Crypto surebetting

Pages: [1]
Author Topic: Crypto surebetting  (Read 1344 times)
samuel0728
Gaining experience
*

Karma: 0
Posts: 2


View Profile

samuel0728

Crypto surebetting
« on: December 06, 2019, 12:06:30 PM »

Are there any arbers on here that surebet on crypto bookmakers? It seems quite promising since their limits are really high and if i'm not mistaken most of them don't cancel bets. It seems that betting with crypto bookmakers is the holy grail of surebetting, does anyone have any experience with it? And are there any services that show arbs between cryptobookmakers.
Logged
kapetan1122
Becoming a Pro
***

Karma: 11
Posts: 267


View Profile

kapetan1122

Re: Crypto surebetting
« Reply #1 on: December 06, 2019, 01:57:53 PM »

Are there any arbers on here that surebet on crypto bookmakers? It seems quite promising since their limits are really high and if i'm not mistaken most of them don't cancel bets. It seems that betting with crypto bookmakers is the holy grail of surebetting, does anyone have any experience with it? And are there any services that show arbs between cryptobookmakers.

I ll just say watch out,most of them are shady and sometimes you ll need to do crazy kyc to get your money and lot of times they even dont pay out
Logged
lilprayoo
Gaining experience
*

Karma: 1
Posts: 9


View Profile

lilprayoo

Re: Crypto surebetting
« Reply #2 on: January 12, 2020, 09:45:05 AM »

Forget your idea. I wish i made some research before registering to one of those crypto-scam websites. On 1xbit they closed my account and stole the money. They have generally high odds but after you place some bets, gain some capital you can get in trouble. If you really want to join one of those websites my advice is to apply a lay-back strategy to avoid having too much $$!
Logged
barnstorm
Has experience
**

Karma: 0
Posts: 168


View Profile

barnstorm

Re: Crypto surebetting
« Reply #3 on: January 13, 2020, 03:38:32 AM »

Are there any arbers on here that surebet on crypto bookmakers? It seems quite promising since their limits are really high and if i'm not mistaken most of them don't cancel bets. It seems that betting with crypto bookmakers is the holy grail of surebetting, does anyone have any experience with it? And are there any services that show arbs between cryptobookmakers.

I am from the U.S. and I use Fairlay.com Exchange for the sharp side, as they have Pinnacle odds. The soft side is a bit trickier as if they're soft, they might be shady. So I used Bovada, CaribSports and WagerWeb for some soft and late changing lines. But eventually I got banned from them and I wasn't even going that heavy. Bovada was fine until they cancelled a wager AFTER I had won. And it was not a mistake line, but they just said it was and probably cancelled it for a lot of arbers and value bettors who had it. I pretty much quit after that. It seems as though books are getting wiser and wiser to arbers and will find ways to discourage you from continuing.
Logged
kustef
Pro
****

Karma: 15
Posts: 310


View Profile

kustef

Re: Crypto surebetting
« Reply #4 on: January 13, 2020, 10:53:51 AM »

BTC just replace euros or any other currency here .. bookmakers are still the same, do not expekt miracles.. no one one to take sharp action even if you bet win BTC , cash, USD or potato or anything else
Logged
RyDane
Gaining experience
*

Karma: -1
Posts: 14


View Profile

RyDane

Re: Crypto surebetting
« Reply #5 on: January 13, 2020, 02:04:35 PM »

Forget your idea. I wish i made some research before registering to one of those crypto-scam websites. On 1xbit they closed my account and stole the money. They have generally high odds but after you place some bets, gain some capital you can get in trouble. If you really want to join one of those websites my advice is to apply a lay-back strategy to avoid having too much $$!

I too got shafted by 1xbit, disabled withdrawal, then closed the account and despite countless emails to their support team, they just refer me to their security team, who just ignore me!
Logged
Yngwie/Sawyer
Totally Pro
*****

Karma: 15
Posts: 565



View Profile

Yngwie/Sawyer

Re: Crypto surebetting
« Reply #6 on: January 14, 2020, 11:52:40 AM »

Just 2-3 years ago, %15-16 arbs between different crypto exchanges (different countries of course) used to exist. Nowadays, there isn't much difference. I mean small arbs still exist but it's not worth of it.
Logged
barnstorm
Has experience
**

Karma: 0
Posts: 168


View Profile

barnstorm

Re: Crypto surebetting
« Reply #7 on: January 14, 2020, 12:37:11 PM »

I would like to find out if there are still arb opportunities in the price of Bitcoin and other cryptocurrencies between Crypto exchanges. My understanding is arb opportunities used to exist but not so much any more. There are arb apps out there but it sounds like by the time you get done paying the commissions for the buy and sell and transfer costs, it is not worth it. Plus it can take some time to make the transfer from one exchange to another and the arb opportunity might be gone.
Logged
Wolfie
Pro
****

Karma: 26
Posts: 399



View Profile

Wolfie

Re: Crypto surebetting
« Reply #8 on: January 14, 2020, 12:47:44 PM »

The biggest problem is pump and dumps. in some exchange is a pump. you buy crypto in the low price one. By the time you transfer to the other the dump has happened resulting in high losses. Other problem is liquidity in arbitrage opportunities in cryptos other than btc is a joke. So you can make some or lose some dollars for fun, but there is no real money.
Logged
barnstorm
Has experience
**

Karma: 0
Posts: 168


View Profile

barnstorm

Re: Crypto surebetting
« Reply #9 on: January 14, 2020, 01:07:23 PM »

The biggest problem is pump and dumps. in some exchange is a pump. you buy crypto in the low price one. By the time you transfer to the other the dump has happened resulting in high losses. Other problem is liquidity in arbitrage opportunities in cryptos other than btc is a joke. So you can make some or lose some dollars for fun, but there is no real money.

Yes, you are right. That is the other thing. The arb opportunity on the other exchange might be only for a few shares. Low liquidity.
Logged
Pages: [1]
Print