Hey Dave, where the heck have you been hiding? Good to see you again.
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Hey Dave, where the heck have you been hiding? Good to see you again.
I've been playing the sportsbook arbitrage game, and have been more successful with that than online casinos.
More info on how to do this is available on Rob McGarvey's site.
I've been betting against myself on the same exact teams with 2 different sportsbooks, and pocketing the bonus money. Thus far, its been working.
Dave
LOL, I love it! WTGOriginally Posted by dave_r
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Originally Posted by dave_r
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Actually which site is that? There are quadzillion sites of Rob McGarvey and gambling!
Last edited by sw2003; 17th September 2004 at 12:30 AM.
The following article by McGarvey will introduce you to sportsbook betting:
http://webhome.idirect.com/~blakjack/handicap.htm
OK. Now the following newsletter by McGarvey explains how to beat the sportsbooks through arbitrage bonus hunting. Skip WAY down to the part of the article entitled "Imagination Is More Important Than Knowledge".
http://webhome.idirect.com/~blakjack/9tember.htm
I sincerely hope Rob doesn't get upset with me for giving out this last link, as this is the type of info that noone wants anyone to know.
Nevertheless, I've been betting against myself on numerous occasions recently, and have been paid every time except twice. The 2 times I didn't I went to the OSGA and was able to finally get my original deposits back.
I did get a vicious phone call from 1 sportsbook manager in Costa Rica that was on to me, and told me not to play him for a sucker. He locked my account.
But everybody else seems to want my action.
Thus far my profits are outstanding and I am not really risking ANYTHING, yet getting substantial bonuses. Although I am a little concerened that if I bet with the wrong guys for too much money, one of 'em will eventually steal my deposit, and get away with it.
So I'm putting my eggs in a lot of different baskets.
Sorry for going out on a tangent ... and now back to the original topic.
Thanks dave!Originally Posted by dave_r
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Man, that stuff makes my head spin. Is there a good place(preferably free) that has a forum to share this arbitrage findings?
I have played this game with UK bookmakers, I have not tried US sportsbooks yet. Can you find enough bonuses to make it work in the long run?Originally Posted by dave_r
"The voice of reason"
http://mb.winneronline.com moderator
Just curious - when you say bonus money do you just mean the difference between the two bets (arbing) rather than an actual bonus from the sportsbook? If it's an actual bonus (e.g. a free bet) then you can use a betting exchange like Betfair, Betdaq etc. and cover the other side of the bet so you pocket the money regardless. I'd also be interested to know if there are a lot of American sportsbooks offering free sign-up bets etc. as I've only done the UK bookies so far.
I saw a crossover between Pinnacle and Greek last night, each offer 10% bonuses. One had one said at -110 and the other had the other side at +110. Right now there is a +128/-130 available between Greek and Intertops....good enough to clear bonuses......
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