Arbusers

Hello to everyone

My name is Markos, I'm 24 years old and I live in Greece.

I learned what Surbet (Arbitrage ) betting is in 2020, but I didn't had balance then to start it. Also I was a bit suspicious so I didn't searched it more.

I asked a friend that knows some things about Surbet because I want to try it now and he told me to check this forum. I have read the most topics in "Newbie's questions" and I'm also searching in google for tips, softwares etc because I want to undestand the ARB betting and "write down" the pros and cons before I start it.

I am willing to read and search about Arb betting and I have a balance to start it, but I want your advice if is it "worth" to start it in 2023 or is late? I have heard about some guys that Arb betting is their main income and they earn a lot of money but they are working on it a lot of hours and of course they are doing it many years.

I'am working as a programmer so I just wanted to start it as a side "hustle" but I want to hear your opinion.

Feel free to share your advices, thoughts and your opinions.

Thank You in advance

Welcome,

Everyone here has been a rookie once.
The very interesting possibility exists here - is it possible for you as a programmer to run an algorithm that calculates the observed positive value (if it exists in a given market at given odds offered) and invests appropriate money in a suitable position for only one side, and you NOT pay the "insurance" for the other side? The large amount over time of the "insurance" saved (by not covering the appropriate positions) can be put to better use here or elsewhere.

Surely here in the Forum, there're plenty of value investing theories.

arb12 wrote: ↑

Wed Jul 12, 2023 8:16 pm

Welcome,

Everyone here has been a rookie once.
The very interesting possibility exists here - is it possible for you as a programmer to run an algorithm that calculates the observed positive value (if it exists in a given market at given odds offered) and invests appropriate money in a suitable position for only one side, and you NOT pay the "insurance" for the other side? The large amount over time of the "insurance" saved (by not covering the appropriate positions) can be put to better use here or elsewhere.

Surely here in the Forum, there're plenty of value investing theories.

Thank you very much for your answer and your idea, I will search it more