Arbusers

The initial question was a good one. How does a gambler become professional?

I believe I tried to answer exactly this. I do not know if someone can make a living value betting on limited accounts (although I am quite certain there are ways around this).

Each level is educational, gives you experience, develops you. You are even being paid for it. Ultimately you MAY find yourself in a position where you can make a living in one of those "levels" where you have become very efficient and specialized. That is the idea. But until then, you have to like the journey, it has to be a lucrative hobby, not an obligation. Not every personality would find this enjoyable in the long run.

I do personally not make a living from sports betting. My salary is divided such that I have approximately 60% from my job (I work with data and programming) and 40% from sports betting. I spend 35 hours a week on the job and 10 hours a week on sports betting (everything included). Since the income per hour from sports betting is much higher than from the job, why not quit the job and go all in on sports betting? Well, if it becomes the primary income, it would no longer be tax free, I would have to pay income tax from that. It also does not pay me paternity leave, sick leave, child sick leave, retirement plan, lunch, parties, speciality courses, etc. Of course all that would change if the regular job wasn't something enjoyable.

Sports betting is educational. Becoming more efficient making more per hour makes it possible to have more time for other things in life. Maybe one day that could also lead to the decision to begin a lucrative full time sports betting scheme.

In addition to my last post, and to finish answering to you, Arbusers, in my case valuebetting could not be considered as second step after arbing. What would kick me out of the business could be one of the following cases:
1) kind of restrictive local law
2) higher taxes---> lower odds of bookies
3) exhaustion of soft bookies
4) massive problems with alert softwares
If one of these faucets dry up, even valuebets couldn't save me and my plan B would be to focus 100% on investing my capital as best I can.

@Francesco: one options could be to collaborate with some bettor-friends of yours to give them signals (they place the bet on their accounts, nevermind who put the money) and then share the profit. This is not illegal.
I know it is easier to say than to apply but I haven't yet discovered a simple way to earn money.

alealeale wrote: ↑

Sun Jun 11, 2023 8:37 pm

@Francesco: one options could be to collaborate with some bettor-friends of yours to give them signals (they place the bet on their accounts, nevermind who put the money) and then share the profit. This is not illegal.
I know it is easier to say than to apply but I haven't yet discovered a simple way to earn money.

I am interested in making money with my passion which is value betting. I'm not interested in being a professional tipster

There are many aspects of this job that you have to learn by osmosis. Reading between the lines is one thing, but reading the mind of a poster is another. Don't expect anyone to take you by the hand and teach you. The story of Mentor comes from Homer's Odyssey. We do not know if he was an existing or a mythical figure.

francesco wrote: ↑

Sun Jun 11, 2023 2:16 pm

from what I understand the professionals operate in live right?. and they don't focus on the odds but on the volume of play. the higher the volume, the more profit. it's correct?

Some professionals operate pre-game, some professionals operate in live, some professionals operate in both regimes. Smart gambling is not binary. I can not imagine any type of smart gambling that will not focus on the odds primarily. Anything else is simply supporting evidence.

VidaBlue wrote: ↑

Sun Jun 11, 2023 8:55 am

The "levels" could be something like this:

1. Bonus hunting
2. Arbing and getting limited
3. Value betting limited accounts
4. Value betting small amounts using bots
5. Shop betting
6. Value betting certain patterns on sharps
7. Market making

Very good post.

I want to ask a way of taking advantage abusing soft bokies rules and regulations. I know for example if they close your account for abusing their rules they normally return you your initial deposit. So theoritically if you are on a losing streak you have advantage by this bookie restricting you. So my question goes like that is it worth breaking their rules after losing a couple of bets and in contrary if you try to win can you take advantage from the initial deposit prerequisite if you withdraw money never exceeding the initial deposit amount? Has anyone conducted such limit testing?

@arbusti. to do value betting you need soft bookmakers. soft bookmakers limit winners, how does a person become a professional bettor? . does it trade on the betfair exchange? operates on pinnacle sports after it was restricted by soft bookmarks?. value shares are taken from pinnacle sports so how does a person get profitable on pinnacle sports? create a statistical model based on the value?

francesco wrote: ↑

Sun Jun 11, 2023 11:02 pm

alealeale wrote: ↑

Sun Jun 11, 2023 8:37 pm

@Francesco: one options could be to collaborate with some bettor-friends of yours to give them signals (they place the bet on their accounts, nevermind who put the money) and then share the profit. This is not illegal.
I know it is easier to say than to apply but I haven't yet discovered a simple way to earn money.

I am interested in making money with my passion which is value betting. I'm not interested in being a professional tipster

Tipster? It was only a possible solution to bypass soft bookies limits. It would change just the place where you make money, not the way.

@francesco you have some of the best minds in gambling answering your questions. If I were you I would read everything these people said word by word. It is all in it.

francesco wrote: ↑

Mon Jun 12, 2023 1:01 am

@arbusti. to do value betting you need soft bookmakers. soft bookmakers limit winners, how does a person become a professional bettor? . does it trade on the betfair exchange? operates on pinnacle sports after it was restricted by soft bookmarks?. value shares are taken from pinnacle sports so how does a person get profitable on pinnacle sports? create a statistical model based on the value?

I too believe you are not reading what I (and other people) are telling you. For example, alealeale gave you an advise to overcome some (but not all) legality/illegality problems. Did you read that? Did you analyse it? Did you check if that fits to your current circumstances or not? I believe the answer to all 3 questions are a plain and simple ''No''. You make people wondering, if it really worths it answering to your questions.

We have said some things many times in this forum, but let's repeat some of them once again for those who don't want to use the search button and expect the food in their mouth brought by others.

1. ''to do value betting you need soft bookmakers'' Even though many will find value in soft bookmakers, some alpha bettors will find value in Betfair and Pinnacle. But even if you are not one of them, you can still find value to soft bookmakers and keep them happy. In play bets expand the life span of an account significantly compared to pre-game. A very general observation is telling that life span expands x3-x12 depending on the bookmaker.

2. ''does it trade on the betfair exchange?'' Yes, some will trade in Betfair. However I must say that only a small percentage of value bettors are dependent on Betfair exchange.

3. ''operates on pinnacle sports after it was restricted by soft bookmarks?'' See 2 above.

4. ''value shares are taken from pinnacle sports'' Pinnacle makes mistakes too. In some cases their traders are not that educated. Public library will tell you that Pinnacle is the epitome of odds compiling, in my view this is simply a myth created by people fed by pinnacle. You might want to have a look at the following video. This is the 2nd time I m posting it these last couple of days.





5. ''create a statistical model based on the value?'' Some people will create their own statistical model. However this is a minority. Everyone finds a tactic that works, and he specialises on it. He then thinks of other ways and through trial and error he comes to a point were more than 3-4 tricks are working for him at the same time.

Lastly, I have access to probably the best value betting bot this industry has ever seen. The idea behind it is so simple, that only an outsider (or a kid) with very general knowledge of maths would ever think. The rest of us, we have our heads full of information, data and ideas, that do not allow us to see simple things crawling in front of our eyes.

Specialists are adept at working for a long time on difficult gambling problems. This long time creates a mindset in the head that do not allow fresh and simple ideas to come in. On the other hand, generalists and outsiders, are adding value by integrating domains, taking technology and ideas from one area and applying it in others.

staminaman_21 wrote: ↑

Mon Jun 12, 2023 12:38 am

I want to ask a way of taking advantage abusing soft bokies rules and regulations. I know for example if they close your account for abusing their rules they normally return you your initial deposit. So theoritically if you are on a losing streak you have advantage by this bookie restricting you. So my question goes like that is it worth breaking their rules after losing a couple of bets and in contrary if you try to win can you take advantage from the initial deposit prerequisite if you withdraw money never exceeding the initial deposit amount? Has anyone conducted such limit testing?

What do you mean ''breaking their rules''? Which rule exactly? Which bookmaker? Which country?

@campeones I have been reading the whole valuebet section on this forum for 2 days. yes I found something to extend the life of soft bookmarks and thank you very much but it does not definitively solve the problem of soft bookmarks limitations

Judging from your name I believe you are Italian. Italy is THE place to be these days for gambling. Enjoy the opportunities you have right now and run, run, run, to become a millionaire NOW. I don't think this will stay like this for ever.

Francesco it sounds to me as if you are concerned about increasing the scale of your betting for legal reasons.

i would be very surprised if the italian police cared that your friends/acquittances were placing bets for you. but you never know these days i guess......

alternatively you could contact some russian and ukranian groups who i heard are experts at having 100000 accounts