Arbusers

djordjeno wrote: And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.

fnatic91 wrote:

djordjeno wrote: And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.

5% tax on your stake is not included , right ?

Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.

ilosemoneydaily wrote:

fnatic91 wrote:

djordjeno wrote: And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.

5% tax on your stake is not included , right ?

Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.

From what I remember betting with them, they charge 5% commission on your payout, not just your stake or winnings. In other words add your stake and winnings together then minus 5%. And to add salt in the wound I was limited to the amount I could bet from day one, I gave up with them.
Remember

fnatic91 wrote:

ilosemoneydaily wrote:

fnatic91 wrote: 5% tax on your stake is not included , right ?

Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.

From what I remember betting with them, they charge 5% commission on your payout, not just your stake or winnings. In other words add your stake and winnings together then minus 5%. And to add salt in the wound I was limited to the amount I could bet from day one, I gave up with them.
Remember

Charging the stake is the the same as charging the payout

you bet 100 EUR on odd 2.00
They charge 5% of stake , which is 5 EUR
If you hit your bet , your payout is 95 EUR * 2.00 = 190 EUR

qbet wrote: The way to beat this : Parlays.