Sportsbook Arbitrage Game info (split from Nostalgia Cipher Strand)

jpm

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Joined
Mar 29, 2002
Hey Dave, where the heck have you been hiding? Good to see you again.
 

dave_r

Dormant account
Joined
Oct 6, 1999
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
 

jpm

Dormant account
Joined
Mar 29, 2002
dave_r said:
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! WTG :thumbsup:
 

sw2003

Dormant account
Joined
Apr 25, 2004
Location
somewhere :)
dave_r said:
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
:thumbsup: :lolup: :notworthy:

Actually which site is that? There are quadzillion sites of Rob McGarvey and gambling!
 
Last edited:

dave_r

Dormant account
Joined
Oct 6, 1999
The following article by McGarvey will introduce you to sportsbook betting:

You do not have permission to view link Log in or register now.


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 do not have permission to view link Log in or register now.


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.
 

sw2003

Dormant account
Joined
Apr 25, 2004
Location
somewhere :)
dave_r said:
The following article by McGarvey will introduce you to sportsbook betting:

You do not have permission to view link Log in or register now.


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 do not have permission to view link Log in or register now.


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! :thumbsup:
 

GrandMaster

Ueber Meister
CAG
Joined
Jan 21, 2004
Location
UK
dave_r said:
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
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?
 

Vesuvio

Dormant account
Joined
Apr 23, 2004
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.
 

largeeyes

Dormant account
Joined
Jun 22, 2004
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......
 

chop-choi

Dormant account
Joined
Aug 16, 2004
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?
 

DealerBusts

Dormant account
Joined
Feb 7, 2004
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.
 

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