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Sportsbook Arbitrage Game info (split from Nostalgia Cipher Strand)

Discussion in 'Online Casinos' started by jpm, Sep 16, 2004.

    Sep 16, 2004
  1. jpm

    jpm Dormant account

    Hey Dave, where the heck have you been hiding? Good to see you again.
     
  2. Sep 16, 2004
  3. dave_r

    dave_r Dormant account

    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
     
  4. Sep 16, 2004
  5. jpm

    jpm Dormant account

    LOL, I love it! WTG :thumbsup:
     
  6. Sep 17, 2004
  7. sw2003

    sw2003 Dormant account

    Location:
    somewhere :)
    :thumbsup: :lolup: :notworthy:

    Actually which site is that? There are quadzillion sites of Rob McGarvey and gambling!
     
    Last edited: Sep 17, 2004
  8. Sep 17, 2004
  9. dave_r

    dave_r Dormant account

    The following article by McGarvey will introduce you to sportsbook betting:

    You must register/login in order to see the link.

    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".

    You must register/login in order to see the link.

    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.
     
  10. Sep 17, 2004
  11. sw2003

    sw2003 Dormant account

    Location:
    somewhere :)
    Thanks dave! :thumbsup:
     
  12. Sep 17, 2004
  13. largeeyes

    largeeyes Dormant account

    Occupation:
    Engineer
    Location:
    North America
    Man, that stuff makes my head spin. Is there a good place(preferably free) that has a forum to share this arbitrage findings?
     
  14. Sep 17, 2004
  15. GrandMaster

    GrandMaster Ueber Meister CAG

    Occupation:
    Mathematician by day, online gambler by night.
    Location:
    UK
    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?
     
  16. Sep 17, 2004
  17. Vesuvio

    Vesuvio Dormant account

    Location:
    UK
    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.
     
  18. Sep 17, 2004
  19. largeeyes

    largeeyes Dormant account

    Occupation:
    Engineer
    Location:
    North America
    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......
     
  20. Sep 22, 2004
  21. chop-choi

    chop-choi Dormant account

    Location:
    NJ
    Just a few questions:

    How big of a bonus and how low of a bet through do you need?

    What size difference do you look for? For example, if Site A is offering the Mets and Padres at -105 each, and site B is offering the Mets at even money and the Padres at -110, would this be good enough, or do you need a greater difference?
     
  22. Sep 22, 2004
  23. DealerBusts

    DealerBusts Dormant account

    Location:
    UK
    Definitely need at least 15k to get started. I get annoyed at the low betting limits and having to get through the wagering. Then there's the risk of having all your funds tied up at one place......i would recommend more than 15k to get things moving along.
     
  24. Sep 22, 2004
  25. largeeyes

    largeeyes Dormant account

    Occupation:
    Engineer
    Location:
    North America
    So, what books do you use to arb/bonus arb and how do you find these arbs? Do you use a program to do it or do you just work at it?
     

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