Need help on this, please.

[PlayHunter]

I have the following problem: I have $750 which I am not able to cash out from a sportsbook, and I would like to dump those money (by betting correlations) into another sportsbook from where I will be able to cash them out.

What would be my best betting strategy to achieve this, and what would be the expected amount I will have left after successfully dumping those $750 into another sportsbook knowing that the sportsbook where those money are currently stucked has an overall payback return for their odds of 93% ?

PS: I know that my best bet with the maximum possible return would be to make as fewer bets as I can, meaning to bet the whole $750 on one ~1.95 over 2.5 goals on one (soccer) game, and on another bookie to bet the opposite (under 2.5 goals) for the same game on odds of ~1.95 as well. - Well yes, but what I do, if I win where I actually want to lose and then I will have to dump double the amount I had initially ? Doubling the stakes once again ? Also the problem is that this is a big amount for me and I will not have enough funds to double my stakes for ~ $1500.

Thanks in advance to anyone who wants to help me with advices on how to do this thing successfully !

Sorry I posted this thread in the wrong section ! I please a moderator to move it in Players Talk section.

[NunyaBidness]

If you are not able to cash out from the book, the money is gone. There is no way to 'move' it to another book by betting there.

If you somehow found a bet that wins 100% of the time on the other book, then why waste time and bet the other side at all?

If it is less than 100%, then you're risking throwing good money after bad.

[tto827]

I think he plans to bet both sides of games with the amount he has at this book he cannot withdraw from until he finally loses there. Risky if you hit at the book you can't withdraw from.

Why can't you withdraw from there?

[Gruntworker]

Nunya answer is correct. If you can't figure out a way to cash out from the book in question, then it's like asking the board to pick you winners... and you know how that could go.

[NunyaBidness]

I think he plans to bet both sides of games with the amount he has at this book he cannot withdraw from until he finally loses there. Risky if you hit at the book you can't withdraw from.

It's not 'risky' it's retarded.

For example, you have two uncles who like to bet on sports. One is a good guy who gives you lines you can beat and will always pay you. The other guy offers break even lines, and he will never pay you if you win.

You can choose to arb a bet with both of them, or you can only bet with your good uncle. What do you choose?

[tto827]

I know this isn't the case.
But if he has an unlimited BR and no limits. Sooner or later he would get part of that $750 into another book betting both sides.

[BigDeem5]

Bet then over on Zaga tonight at another book for 750 and under for 750 at Mickey Mouse book

[NunyaBidness]

That's a slippery slope Mr. Martingale. If he had an unlimited bankroll why would he need another $750?

Also, if this strategy was intelligent, why not pretend the non-paying book owes him $10,000? Or a million?

[tto827]

That's a slippery slope Mr. Martingale. If he had an unlimited bankroll why would he need another $750?

Also, if this strategy was intelligent, why not pretend the non-paying book owes him $10,000? Or a million?

I'm not saying its smart, just saying its possible.

The real question is how do you end up with $750 at a book that you cannot cash out from.

[trytrytry]

ur in a bad spot and I would not suggest chasing this.

In the past I have tried this when facing something similar.

bet on something that has a high tie probability a total of 2 in a soccer game for example where the juice is hedged one way.

like 2 over -175

play over 2 at the book you want to win at

and under 2 at the book you want to lose at

you have a good probability of either no action (that way your balance at your bad book does not increase) or a win at the book you desire.

sometimes bonus chasers use this as a way to get out of a book so they can reload again with good bonus stuff...

its just an idea, but if you really have a no pay book I would not do this...if its a slow pay book or a book that has high payout fees and you would rather try for a different book, or you need money in a different book to hit some soft prop or something and you dont want to do a **, it might be worth a shot... be careful!

[onemoregoal]

Theres nothing you can do. What you are suggesting is like a bet.
If the book who isnt paying you wins the bet - you lose.
If the good bookie wins - you win and your problem is solved.
so theres a 50-50 ish chance of you either getting the $750 "transferred" to another book, or you losing another $750 and staring at a $1500 balance that you cant withdraw....

[PlayHunter]

The real question is how do you end up with $750 at a book that you cannot cash out from.

I was playing with a free casino bonus and hit huge on slots. I can cash out, but the maximum $ amount which that bonus could generate is capped at $50 as per their terms and conditions. They also have sportsbook and I see that my balance is available for sport bets too.

I am sure that if I go to place a withdrawal they will check my play and only pay me $50. - Is not a good idea to bet bad & good uncle to save most part of these $700 which other way would be voided ? But how to do it best ?

[milwaukee mike]

^^ there is no way of "saving" money that isn't cashable

that $700 doesn't exist, it's just a number on a screen

[8ArIvd5]

I was playing with a free casino bonus and hit huge on slots. I can cash out, but the maximum $ amount which that bonus could generate is capped at $50 as per their terms and conditions. They also have sportsbook and I see that my balance is available for sport bets too.

I am sure that if I go to place a withdrawal they will check my play and only pay me $50. - Is not a good idea to bet bad & good uncle to save most part of these $700 which other way would be voided ? But how to do it best ?

So your balance is $750 but only $50 of that is owed to you. This is a waste of time.

[PlayHunter]

I see, there is no way to dump them into another bookie, thank you guys. But I am still thinking at something..

They also have poker, and the balance seems to be available there too. I would think to lose them to a friend..

- I know, that is collusion and if we get caught the casino will also void my friend`s money in his balance too.

But .. I am thinking that if this collusion is done smart, the site will not catch us red handed. Should I try it ?

- Bad part is, I am a poker beginner and have not a lot of clue at how should be done. - Can I get some tips ?

At what I am thinking is to talk with a friend to register a new account at another site on the same network, get his personal documents validated before his first deposit (in the amount of $200 and using no bonus) , then we meet at one 50NL 6 man table cash game, I play constantly bad poker and we try to be the ones remaining in the pot as much as we can, and due to betting and bluffs he will win most pots. Single session, should take less than 8 hours. After that, my friend cash out whatever he won over his $200 deposit, and then he stops playing. After he pockets his withdrawal, he will cash out the $200 remainder too. - Do you think will work, or is too obvious ?

[milwaukee mike]

you're going to waste 8 hours chip dumping?


if you're gonna do it just play heads up, wait until he has a better hand on the river, and dump it

[PlayHunter]

if you're gonna do it just play heads up, wait until he has a better hand on the river, and dump it

What chances of success do you think I have doing so ?

And .. another question, if I am about to make it that quick, I think I could do it with myself on two laptops:

1. Open the site X where I want to lose this $ and on the other laptop open the site Y (same network) sit at the same HU table, dump them, and immediately cash out.

2. Do this thing on a Saturday midnight (when supposedly supervisors are not checking game logs), as the site Y process withdrawals in ~15 minutes even if on weekend.

- What chances of success do you think this have ?

* The weird thing will be that at site Y even if I am a long term customer, I never played poker before, and now will look like BANG go heads up, won some good money and cash out..

[BennyBigNuts]

I see, there is no way to dump them into another bookie, thank you guys. But I am still thinking at something..

They also have poker, and the balance seems to be available there too. I would think to lose them to a friend..

- I know, that is collusion and if we get caught the casino will also void my friend`s money in his balance too.

But .. I am thinking that if this collusion is done smart, the site will not catch us red handed. Should I try it ?

- Bad part is, I am a poker beginner and have not a lot of clue at how should be done. - Can I get some tips ?

At what I am thinking is to talk with a friend to register a new account at another site on the same network, get his personal documents validated before his first deposit (in the amount of $200 and using no bonus) , then we meet at one 50NL 6 man table cash game, I play constantly bad poker and we try to be the ones remaining in the pot as much as we can, and due to betting and bluffs he will win most pots. Single session, should take less than 8 hours. After that, my friend cash out whatever he won over his $200 deposit, and then he stops playing. After he pockets his withdrawal, he will cash out the $200 remainder too. - Do you think will work, or is too obvious ?

I've done a million poker table dumps loaning friends money and having them pay me back etc. OR trading %'s in a tournament we play together and have to settle up with no transfers allowed on that site. Dumping is very simple in poker sites. It's not a big deal at all and they don't catch many of them. They may in your case if it's a shithole sportsbook with not a lot of poker traffic though. The bigger the action on the site, the less hassle you get.