Bet365 penny accounts (page 3)

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Author Topic: Bet365 penny accounts  (Read 4822 times)
giannis89
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giannis89

Re: Bet365 penny accounts
« Reply #30 on: May 24, 2020, 10:32:46 PM »
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Also, I believe many posters did not realize that a penny account comes with action of some Eurocents online, translated to some bigger sums in the cash market.

I cannot understand what this means, can you be more explanatory here please?

The previous post modified massively to protect the poster.

Didn't notice what the initial post was and how it's modified now to protect the poster. Does this mean we cannot get any more specific info on this topic in this forum? Any way to elaborate via pm?

no, online alternatives?
[/quote]

All these accounts don't seem to be found online. I have seen in this forum that acc-ex offer such accounts online but also people have lost their money with them, they're not trustable. These penny accounts are completely different situation but I cannot find any more information on them.
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arbusers
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Re: Bet365 penny accounts
« Reply #31 on: May 27, 2020, 10:41:54 AM »
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I believe you should re-read how this type of betting operates. Clients place a bet of 1 cent in a penny account that is leveraged by 100s or 1000s times in the account kept by the offline bookmaker.

I have no idea how acc-ex operates but from what I read in various forums, they offer real Bet365 accounts and not penny accounts. I have serious doubts if this is a proper way of acting, and the number of reports and complaints in various forums shows there is danger in this style of betting.
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Camma23
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Re: Bet365 penny accounts
« Reply #32 on: May 27, 2020, 10:55:29 AM »
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and in any case, I doubt any broker can get profit offering you real b365 accounts. Scam must be behind the corner. It's simply a non profitable business. I would not even think at this acc-ex, and yes , I read bad things too about them
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arbusers
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Re: Bet365 penny accounts
« Reply #33 on: May 27, 2020, 10:57:51 AM »
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and in any case, I doubt any broker can get profit offering you real b365 accounts.

Of course, they can make profits. That is why they offer these penny accounts in Brazil, Lebanon, and probably elsewhere. But if the account is used by an arber or a value bettor, then the agent will lose massively.
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Camma23
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Re: Bet365 penny accounts
« Reply #34 on: May 27, 2020, 11:03:12 AM »
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and in any case, I doubt any broker can get profit offering you real b365 accounts.

Of course, they can make profits. That is why they offer these penny accounts in Brazil, Lebanon, and probably elsewhere. But if the account is used by an arber or a value bettor, then the agent will lose massively.

I was referring to acc.ex who offer you real b365 accs, not penny ones. A serious bettor will crash that acc in 2-3 bets, it's impossible to stay behind him + getting profit from it. it simply can't work considering how b365 betting became in last months/years.

As per penny accounts, my doubts stay bcs a value bettor would crash an unlimited penny account as well, but probably it's compensated by many loosers
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Camma23
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Camma23

Re: Bet365 penny accounts
« Reply #35 on: May 27, 2020, 11:04:28 AM »
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just think at a penny account during summer/friendlies period. If the broker doesn't stop you or put on you some stricts conditions, you can make him a big big big hole
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arbusers
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arbusers

Re: Bet365 penny accounts
« Reply #36 on: May 27, 2020, 11:20:16 AM »
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just think at a penny account during summer/friendlies period. If the broker doesn't stop you or put on you some stricts conditions, you can make him a big big big hole

Exactly. That is why they monitor the accounts and restrict markets when they see an educated bettor.
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campeones
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Re: Bet365 penny accounts
« Reply #37 on: December 22, 2020, 05:52:55 AM »
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It is a fact that the majority of bettors are losers. I don't know what is the percentage of the winners in the long run but let's accept a universal figure of 1.5%. You might think that 1.5% is very small and wouldn't harm traditional bookmaking that milks pure gamblers. This is wrong. This 1.5% is getting more and more efficient and every day is more lethal to bookmakers than the previous day. It is also a fact there are countries where sharp action is not there. Even in the US after 10 years of the antigambling bill, sharp action did not recover and it will take years until it recovers. But this 1.5% is expanding not only on knowledge but geographically too. There are countries in S. America, Asia, and Africa that are considered to be virgin, but one way or another, the 1.5% is expanding there too. That is why penny accounts will die in the end. These street bookmakers using them will switch to pinnacle and Betfair in the end. Their model is not viable anymore.
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gigiu30
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gigiu30

Re: Contas de centavos bet365
« Reply #38 on: April 10, 2021, 06:53:46 AM »
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Yes, until a Penny broker will say you goodbye. After that you’ll cry over your 150e arb profit  ::)

Of course, you can never be sure about the reliability of a broker, but the picture I receive from our Brazilian members is different.
Most brokers do care about their image in the market, and they want to be longlived as the market pays everyone lavishly. Please notice, Brazil, like many other countries are almost virgin from sharp action and arbitrage.
When sharp action is detected, the agents prefer to exclude markets and then not allow any more action to the sharp player.

resurrecting the topic, for example I am here from Brazil and would be interested in this type of business, you could pass on more information from agents here in Brazil for me to get in touch, Bet365 here in Brazil is gold, and as I work in arbitration betting on 500 to 1000 reais (100 to 200 in usd) I am very interested because the limitation is very high betting these values
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