New record profits for Bet365

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arbusers
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New record profits for Bet365
« on: January 07, 2020, 08:57:23 AM »

Bet365 announced new records for profits and revenue.
Read the complete story:
https://arbusers.com/portal/bet365-announce-new-records/
« Last Edit: January 07, 2020, 08:59:22 AM by arbusers » Logged
VidaBlue
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Re: New record profits for Bet365
« Reply #1 on: January 07, 2020, 10:12:07 AM »

There are no obstacles preventing bookmakers from getting better at odds prediction, so they are becoming much better. Those big companies with vast ressources are able to employ very skilled people using highly advanced methods. The increase in bet365's profits must partly be credited to their ability to set the right odds. Bet365 is not unique in this way. Other large bookmakers must be following along the same route.

The scene is changing. It used to be easier for "sharps" and asians to take advantage of inaccurate odds at the "softs" via their arbing customers who would handle the logistics of the money flow. When bookmakers get better in predicting the right odds and shutting down customers who abuse their inaccurate odds, the conditions for "sharps" and asians obviously get worse.

I think it is needed to rethink the whole concept of sharp odds. So far sharpness has been evaluated based upon studying the performance of these odds over time. This should still be a main argument, but other factors are important also, such as: company size and revenue, liquidity in the line, bookmaker local and specific knowledge in certain leagues ...
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Kowi
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Re: New record profits for Bet365
« Reply #2 on: January 07, 2020, 07:39:16 PM »

indeed
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barnstorm
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Re: New record profits for Bet365
« Reply #3 on: January 13, 2020, 04:22:12 PM »

I find it amazing that there are still "soft books." In this day and age of technology, how do these companies not employ technology to keep their odds up to date? They must know all about arbers and value bettors and yet they can't stay on top of the line movements?! All they have to do is have a bot's eye on Pinnacle. That's the least they should be doing.
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SticyBandit
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Re: New record profits for Bet365
« Reply #4 on: January 14, 2020, 05:23:15 PM »

I find it amazing that there are still "soft books." In this day and age of technology, how do these companies not employ technology to keep their odds up to date? They must know all about arbers and value bettors and yet they can't stay on top of the line movements?! All they have to do is have a bot's eye on Pinnacle. That's the least they should be doing.

It's not even close to true what you are thinking. It' like saying that at today's technology level there should be no cheep products.
Leading soft book it's totally different type of business then sharp book, it's totally different level of turnover and type of customers that are targeted.
So don't look things only from narrow perspective.
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barnstorm
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Re: New record profits for Bet365
« Reply #5 on: January 14, 2020, 05:33:42 PM »

I find it amazing that there are still "soft books." In this day and age of technology, how do these companies not employ technology to keep their odds up to date? They must know all about arbers and value bettors and yet they can't stay on top of the line movements?! All they have to do is have a bot's eye on Pinnacle. That's the least they should be doing.

It's not even close to true what you are thinking. It' like saying that at today's technology level there should be no cheep products.
Leading soft book it's totally different type of business then sharp book, it's totally different level of turnover and type of customers that are targeted.
So don't look things only from narrow perspective.

Thanks for the info. Could you explain more of what you are describing? I understand cheap products in the markets from competition and loss leaders, etc., but not sure that applies to sportsbooks. Are you saying the Softbooks are purposefully putting out soft lines because they are going after square bettors and that's their model? Still, don't they have to protect themselves from the Sharps and value bettors and arbers?
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Trevorr
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Re: New record profits for Bet365
« Reply #6 on: January 14, 2020, 08:25:47 PM »

I find it amazing that there are still "soft books." In this day and age of technology, how do these companies not employ technology to keep their odds up to date? They must know all about arbers and value bettors and yet they can't stay on top of the line movements?! All they have to do is have a bot's eye on Pinnacle. That's the least they should be doing.

It's not even close to true what you are thinking. It' like saying that at today's technology level there should be no cheep products.
Leading soft book it's totally different type of business then sharp book, it's totally different level of turnover and type of customers that are targeted.
So don't look things only from narrow perspective.

Thanks for the info. Could you explain more of what you are describing? I understand cheap products in the markets from competition and loss leaders, etc., but not sure that applies to sportsbooks. Are you saying the Softbooks are purposefully putting out soft lines because they are going after square bettors and that's their model? Still, don't they have to protect themselves from the Sharps and value bettors and arbers?
LOL, they protect themselves very well, haven't you noticed?  :D
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barnstorm
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Re: New record profits for Bet365
« Reply #7 on: January 14, 2020, 11:30:48 PM »

Yeah, I guess so.

"arbusers," our Site Administrator says that the Sharps are just a ripple in the Ocean of Squares on Bet365!
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daan
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Re: New record profits for Bet365
« Reply #8 on: January 19, 2020, 02:21:24 AM »

I wudn't ne surprised if i as told that all numbers are cooked. So, i just prefer to ignore the numbers and focus on the unethical tactics they apply to limit winners..-  After all, for me the possibility that the results of any company are cooked on not cooked are equal.
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maletaja
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Re: New record profits for Bet365
« Reply #9 on: January 19, 2020, 09:01:31 AM »

I find it amazing that there are still "soft books." In this day and age of technology, how do these companies not employ technology to keep their odds up to date? They must know all about arbers and value bettors and yet they can't stay on top of the line movements?! All they have to do is have a bot's eye on Pinnacle. That's the least they should be doing.

It's not even close to true what you are thinking. It' like saying that at today's technology level there should be no cheep products.
Leading soft book it's totally different type of business then sharp book, it's totally different level of turnover and type of customers that are targeted.
So don't look things only from narrow perspective.

Thanks for the info. Could you explain more of what you are describing? I understand cheap products in the markets from competition and loss leaders, etc., but not sure that applies to sportsbooks. Are you saying the Softbooks are purposefully putting out soft lines because they are going after square bettors and that's their model? Still, don't they have to protect themselves from the Sharps and value bettors and arbers?

Totally agree. When u make bookie there are 2 options. Make algos very tight. It means not arbers got limited but gamblers also or you take all bets and there are high possibility that you save gamblers and highrollers.   Small bookie cannot afford bet365 business model
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