Hi,
I have just started arbitrage betting and I have some questions on my mind. One of them and the biggest is that if the sites I do arbitrage find out that I am arbitrage, will they block me and confiscate my money?
Will the betting site confiscate my money because I did arbitrage?
- sako
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If the bookmaker is dodgy, then your funds will be confiscated. But this would happen even if you didn't arb.
Re: Will the betting site confiscate my money because I did arbitrage?
If the bookmaker is a reliable one, then nothing bad will happen to your funds. Arbitrage is not illegal, even though some bookmakers forbid this type of betting in their T&Cs.sako wrote: Hi,
I have just started arbitrage betting and I have some questions on my mind. One of them and the biggest is that if the sites I do arbitrage find out that I am arbitrage, will they block me and confiscate my money?
If the bookmaker is dodgy, then your funds will be confiscated. But this would happen even if you didn't arb.
- sako
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Re: Will the betting site confiscate my money because I did arbitrage?
Frankly, I want to arbitrage with betting sites that everyone trusts. With sites such as tempobet, 1xbet, mostbet, marathonbet, pinnacle, bet365. I do not intend to do it with stupid sites like betx66betbigwon.com. So it looks like no risk
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Re: Will the betting site confiscate my money because I did arbitrage?
be very much careful when you select your bookmakers. Do your homework first. One of these bookmakers is notorious for not paying clients.sako wrote: With sites such as tempobet, 1xbet, mostbet, marathonbet, pinnacle, bet365.
- DkStyle
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Re: Will the betting site confiscate my money because I did arbitrage?
A small advice.. delete 1xbet from your list.. There is million of reports on them taking people's money, or locking their accounts for months.sako wrote: Frankly, I want to arbitrage with betting sites that everyone trusts. With sites such as tempobet, 1xbet, mostbet, marathonbet, pinnacle, bet365. I do not intend to do it with stupid sites like betx66betbigwon.com. So it looks like no risk
- apoel81
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Re: Will the betting site confiscate my money because I did arbitrage?
At least 2 of the books you mentioned will scam you. Not sure about tempobet as i can't register there.sako wrote: Frankly, I want to arbitrage with betting sites that everyone trusts. With sites such as tempobet, 1xbet, mostbet, marathonbet, pinnacle, bet365. I do not intend to do it with stupid sites like betx66betbigwon.com. So it looks like no risk
Last edited by apoel81 on Thu Jan 07, 2021 6:52 pm, edited 1 time in total.
- sako
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Re: Will the betting site confiscate my money because I did arbitrage?
which 2 risky bettors you mean? will you please tell me?
- apoel81
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Make sure you do proper research before you register at any bookie
Re: Will the betting site confiscate my money because I did arbitrage?
1xbet and their skin bookie mostbetsako wrote: which 2 risky bettors you mean? will you please tell me?
Make sure you do proper research before you register at any bookie
Last edited by apoel81 on Thu Jan 07, 2021 9:28 pm, edited 1 time in total.
- sako
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Re: Will the betting site confiscate my money because I did arbitrage?
I'm confused after the article you wrote about 1xbet yesterday. My plan is that after 1 week of making money with 1xbet, I want to withdraw all my money from 1xbet and continue with another betting site. I think what you mean is problems when you earn money for a long time. If you make money and withdraw money often, I think it's a problem
- apoel81
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1xbet can steal you whenever they want, either after 1 bet or after 1 year, it doesn't really matter.
They may pay you if amount is small but the risk isn't worth, there are high chances you will have your account locked and if you are lucky you will get your deposits back.
Re: Will the betting site confiscate my money because I did arbitrage?
Mate, internet is full of complaints regarding 1xbet.sako wrote: I'm confused after the article you wrote about 1xbet yesterday. My plan is that after 1 week of making money with 1xbet, I want to withdraw all my money from 1xbet and continue with another betting site. I think what you mean is problems when you earn money for a long time. If you make money and withdraw money often, I think it's a problem
1xbet can steal you whenever they want, either after 1 bet or after 1 year, it doesn't really matter.
They may pay you if amount is small but the risk isn't worth, there are high chances you will have your account locked and if you are lucky you will get your deposits back.
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Re: Will the betting site confiscate my money because I did arbitrage?
@sako,
Could you tell us where do you come from? 1xbet might be gentle with Russians, but all other nationalities receive harsh treatments.
Could you tell us where do you come from? 1xbet might be gentle with Russians, but all other nationalities receive harsh treatments.
- sako
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Re: Will the betting site confiscate my money because I did arbitrage?
I am from Azerbaijan, which is a former Soviet country and also neighbor of Russia. but I take into account what you say and leave 1xbet. Thanks!
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- İsaac0077
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My native azerbaijani ,i am living in gibraltar,Azerbaijan can never be a good place for arbitrage. Some sites you trust ,suddenly will limit you and eat all your money ,mostbet and 1xbet scam for arbitrage ,if they find you making money from arbitrage they block your money .And check some comission which is goverment Tax rule (betting site deposit 18%/withdraw same fee),they do not have alternative way To deposite europe a catogory site ,Giwi and others also run after russian embargo
Re: Will the betting site confiscate my money because I did arbitrage?
Hi sakosako wrote: Absolutely right
My native azerbaijani ,i am living in gibraltar,Azerbaijan can never be a good place for arbitrage. Some sites you trust ,suddenly will limit you and eat all your money ,mostbet and 1xbet scam for arbitrage ,if they find you making money from arbitrage they block your money .And check some comission which is goverment Tax rule (betting site deposit 18%/withdraw same fee),they do not have alternative way To deposite europe a catogory site ,Giwi and others also run after russian embargo