Originally Posted by
rmdanie
Guys, I have been a sports gambler for years and been quite successful at times. Although this is my first post, I used John to help me from getting screwed by betus about 7yrs ago and frequently read the forum.
OK, to the point... I learned about sports arbitrages a while back and it interested me (especially with a master's in engineering and statistics). It interested me to the point that I showed it to my father and he is pondering spotting me 10K to get some serious profit moving.
So far in preparation for my future arb system endevour, I have put together a spreadsheet of 50 books that frequently pop up with arb opportunities and listed information for each one like: limits, deposit methods/charges, withdrawal methods/charges, withdrawal times, SBR rating, etc. I fugure with this information in hand, you could minimize the risk of missing a line by:finding the arb, referring to the spreadsheet for vital info for each book, and finally, logging into both books in seperate windows, verify lines are still arb worthy, and placing bets simultaneously.
Does anyone know where to find good information about using the arb system. For example, I have been following betbrain and oddsexchange for some time now. I have been checking on some of the websites that the arbs pop up on. I have found that several of them are not on any of SBR's lists. I would like to know if people have information based on past experiences. The following would be some useful information...
1. Which of these common arb sportsbooks are excessively risky.
2. Which of these books will not take US customers
3. If you are using different books to arb an event, how could a book suspect you of arbing rather than simply bettting that team legitimately with their book
4. Is any of the arbhunting software worth paying for and if so, which ones have you had a positive experience with
5. Why are a good few of these books not listed with SBR while they seem to have a good customer base and a quality website and liscensed in UK
6. Would anyone disagree that the arb system can be very profitable with startup capital like 10K dedicated to it and why
Although I believe the system will work for some good money, I have also learned that other people's experiences are the best to learn from. I have googled this topic a lot but you never know if random web postings have a hidden agenda.
Please help me out with any information for the 6 questions above or anything else obvious that I may be missing. If anyone reads this that is successfully arbing, I would be very interested in have a phone converstation with you. Please pm me and lets exchange info...
Thanks to everyone at the SBR for supporting this wonderful resource.
Peace,
rmdanie