Would you risk £10,000 on the Cavs to win the Series against Toronto for £200 profit?

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  • arie1985
    SBR MVP
    • 03-19-08
    • 1625

    #1
    Would you risk £10,000 on the Cavs to win the Series against Toronto for £200 profit?
    This is important question for me.
    My Skrill VIP status is Silver so it allows me to deposit/withdraw with my card without fees - so I simply deposit £4,000 (my credit limit), withdraw back to the bank, pay the card as soon as the transaction appears (within 1-2 days) - this way I make around 16,000 British Airways miles (Avios) without any risk every week. (around 60,000 Avios per month).

    But in order for me to keep on getting miles like this I must keep my Skrill status as Silver - thus I have to transact around £12,000 approx. every quarter.

    I was thinking of depositing £10,000 with one big bookmaker, bet on the Cavs to win the Series against Toronto at odds of 1.02 - in order to win £200 (the £200 is just extra bonus, the main goal is to keep on having Skrill fee free so I could get more miles at least until the end of September this year).

    So the big question is - would you risk £10,000 on the Cavs against Toronto?
    Forget about the odds, it's not for betting - it's just to keep on getting free miles - but for that I must deposit and bet on something, anything - so I'm looking for risk free bet as much as possible - would you say the Cavs are guaranteed to win against Toronto?!?!
  • SBR Forum
    Administrator
    • 12-02-06
    • 4559

    #2
    No.
    Comment
    • arie1985
      SBR MVP
      • 03-19-08
      • 1625

      #3
      Originally posted by SBR Forum
      No.
      Tnx.
      Comment
      • Mac4Lyfe
        SBR Aristocracy
        • 01-04-09
        • 48366

        #4
        Nothing in life is guaranteed but death. Way too much juice. You're better off betting ML than series. An injury can kill a series bet but not hurt an adjusted game line as much. GS ML bet tonight is a great spot but CLE ML tomorrow isn't as risky.
        Comment
        • biggie12
          SBR Posting Legend
          • 12-30-05
          • 13786

          #5
          Better off arbitrage betting to get that profit maybe take u 15 minutes of extra work with no risk. Should be very easy if u dont live in the us

          But again everyone thinks arbitrage betting is in the past if all the chnages made in the industry. I guarrentee you can find 10-12 arbs a day for 2-3% easy
          Comment
          • louielouie
            SBR MVP
            • 06-06-13
            • 3149

            #6
            Bet them to win it all instead
            Comment
            • larco15
              SBR Sharp
              • 12-06-09
              • 329

              #7
              Interesting mileage tip.
              Comment
              • TheMoneyShot
                BARRELED IN @ SBR!
                • 02-14-07
                • 28672

                #8
                Yes, I would. You actually think Toronto has a chance against the Cavs???

                It's not a matter of if they beat them...

                It's a matter of when the series ends.
                Comment
                • JayDr3am
                  SBR Posting Legend
                  • 05-06-14
                  • 18260

                  #9
                  no. why not bet 10,000 on the spread game 2? ..
                  Comment
                  • DigBick86
                    SBR MVP
                    • 12-06-10
                    • 1931

                    #10
                    its a safe bet so why not cant see the cavs loosing
                    Comment
                    • arie1985
                      SBR MVP
                      • 03-19-08
                      • 1625

                      #11
                      Originally posted by JayDr3am
                      no. why not bet 10,000 on the spread game 2? ..
                      I don't want to risk 10,000... I'm just looking to deposit, bet on something "safe" and withdraw... I'm just wondering if Cavs to win the series is really "Safe"??
                      Comment
                      • MoMoneyMoVaughn
                        SBR Posting Legend
                        • 05-08-14
                        • 14988

                        #12
                        Could be the worst bet of all time.

                        They are up 1-0 in the series.

                        I wouldn't lay -5000 if they were 3-0

                        What if Lebron goes down with a serious knee injury?

                        $10,000 to win $200

                        For the love of God.
                        Comment
                        • JJJ
                          SBR MVP
                          • 05-03-11
                          • 2610

                          #13
                          Yes confidence builder bet
                          Comment
                          • Mac4Lyfe
                            SBR Aristocracy
                            • 01-04-09
                            • 48366

                            #14
                            Originally posted by DigBick86
                            its a safe bet so why not cant see the cavs loosing
                            I can't see Buster Douglas knocking out Mike Tyson either. Or USA Hockey beating the Russians. Shit happens, always have a plan B.
                            Comment
                            • biggie12
                              SBR Posting Legend
                              • 12-30-05
                              • 13786

                              #15
                              Originally posted by arie1985
                              I don't want to risk 10,000... I'm just looking to deposit, bet on something "safe" and withdraw... I'm just wondering if Cavs to win the series is really "Safe"??

                              Did you not understand my post?
                              Comment
                              • Mac4Lyfe
                                SBR Aristocracy
                                • 01-04-09
                                • 48366

                                #16
                                Originally posted by arie1985
                                I don't want to risk 10,000... I'm just looking to deposit, bet on something "safe" and withdraw... I'm just wondering if Cavs to win the series is really "Safe"??
                                Nothing in gambling is totally "Safe". Have a plan in mind. I would look to make 3 or 4 high level bets that will get you to your goal. I rather play 4 high level 3,000 bets each versus 1 10,000 series bet. Let's say you take GS tonight. 3,000 will win you ~600. If you lose you can double up on GS in game 3 and pretty much hit your goal. I really don't see GS losing the next 2 games but that's the risk you take. I don't see Cleveland losing the next 2 or 3 games as well so I would look to play them and double then triple up if they lose (which can get very expensive quickly but I don't see either team losing multiple games back to back to back.
                                Comment
                                • BigOrange
                                  SBR Hall of Famer
                                  • 08-13-09
                                  • 6745

                                  #17
                                  I wouldn't lay those odds that the Earth will still be here in a week! You never know when a big asteroid could hit!
                                  Comment
                                  • JayDr3am
                                    SBR Posting Legend
                                    • 05-06-14
                                    • 18260

                                    #18
                                    dont do it man. keep your hard earned money
                                    Comment
                                    • TxAaron
                                      SBR MVP
                                      • 08-25-11
                                      • 2082

                                      #19
                                      Cavs are a sure thing to win the series.

                                      Enjoy your miles.
                                      Comment
                                      • arie1985
                                        SBR MVP
                                        • 03-19-08
                                        • 1625

                                        #20
                                        Originally posted by Mac4Lyfe
                                        Nothing in gambling is totally "Safe". Have a plan in mind. I would look to make 3 or 4 high level bets that will get you to your goal. I rather play 4 high level 3,000 bets each versus 1 10,000 series bet. Let's say you take GS tonight. 3,000 will win you ~600. If you lose you can double up on GS in game 3 and pretty much hit your goal. I really don't see GS losing the next 2 games but that's the risk you take. I don't see Cleveland losing the next 2 or 3 games as well so I would look to play them and double then triple up if they lose (which can get very expensive quickly but I don't see either team losing multiple games back to back to back.
                                        Thanks for your advice, Mac.
                                        Skrill has sent an email yesterday about changes to the VIP thing, which is now better.
                                        They are removing the loyalty points (which I don't bother with), but now all the activity in the 2nd quarter of 2016 (April-May-June) will determine the status for the 3rd quarter of 2016.

                                        So so far I made £3,300 of deposits to merchants.
                                        Today at live I deposited another £900 and tried to pick GS in ML and then by the time I deposited the bookie shut the bets so I took GS in 3rd quarter only (they led by 12 points, still risky!) £900 to win £9 ... it's good.

                                        So made £4,200 of deposits so far .... I need to bet another £8,000 and then I get tons of miles to earn for free .... just need to look for those 1.01 bets which are "sure" thing but even GS in the 3rd wasn't a sure thing, nothing is sure in life, darn!

                                        Anyway thanks for your advice - never put all your eggs in 1 basket, maybe will throw another £1,000 on Cavs for the series - then just need £7,000 to spend more and let's get those 250k miles
                                        Comment
                                        • Mac4Lyfe
                                          SBR Aristocracy
                                          • 01-04-09
                                          • 48366

                                          #21
                                          Heck if you can do Live bets then you should be able to hit the minimum easily. A lot of times you can get a Live line that can effectively cancel out a game line. Do that a few times and you're set.

                                          Damn, 900 to win 9 is Crazy... Congrats.
                                          Comment
                                          • arie1985
                                            SBR MVP
                                            • 03-19-08
                                            • 1625

                                            #22
                                            Originally posted by Mac4Lyfe
                                            Heck if you can do Live bets then you should be able to hit the minimum easily. A lot of times you can get a Live line that can effectively cancel out a game line. Do that a few times and you're set.

                                            Damn, 900 to win 9 is Crazy... Congrats.
                                            Yes, I don't care about the odds, just want to find all those "safe" bets, place them and be done with it.

                                            What do you say about £1,000 to win £20 on the Cavs to win the series?
                                            The only thing about American sports I don't like is that after the favorites won so heavily (Cavs yesterday and GS today) there could always be surprises or tight game so ... dunno .... what do you say - go for it anyway? (I can afford to lose £1,000 ... it's not the same as £10,000 anyway).
                                            Comment
                                            • Mac4Lyfe
                                              SBR Aristocracy
                                              • 01-04-09
                                              • 48366

                                              #23
                                              Originally posted by arie1985
                                              Yes, I don't care about the odds, just want to find all those "safe" bets, place them and be done with it.

                                              What do you say about £1,000 to win £20 on the Cavs to win the series?
                                              The only thing about American sports I don't like is that after the favorites won so heavily (Cavs yesterday and GS today) there could always be surprises or tight game so ... dunno .... what do you say - go for it anyway? (I can afford to lose £1,000 ... it's not the same as £10,000 anyway).
                                              I don't like it at all. What if Cleveland loses Lebron and Kyrie to injury like the Clips lost Paul and Blake in the same game? Too many things can go wrong in a 7 game series. I'd much prefer betting 900 to win 100 on Cavs ML tomorrow night.
                                              Comment
                                              • pavyracer
                                                SBR Aristocracy
                                                • 04-12-07
                                                • 82525

                                                #24
                                                Why not risk $5 on Raptors to win series?

                                                Risk $100,000 to win $200?

                                                Or risk $5 to win $200?
                                                Comment
                                                • arie1985
                                                  SBR MVP
                                                  • 03-19-08
                                                  • 1625

                                                  #25
                                                  Originally posted by Mac4Lyfe
                                                  I don't like it at all. What if Cleveland loses Lebron and Kyrie to injury like the Clips lost Paul and Blake in the same game? Too many things can go wrong in a 7 game series. I'd much prefer betting 900 to win 100 on Cavs ML tomorrow night.
                                                  Thanks for your opinion. Much appreciated. Think I would stay away then.


                                                  Originally posted by pavyracer
                                                  Why not risk $5 on Raptors to win series?

                                                  Risk $100,000 to win $200?

                                                  Or risk $5 to win $200?
                                                  Because I'm not looking for the profits, I'm looking just to swipe my card with any merchant that is using Skrill - but the problem is for money laundering purposes you can't deposit funds into a bookmaker and then withdraw, you HAVE to place at least 1 bet - so I'm just looking to find that bet that would be the "safest" thing that you could ever find .... bet it, withdraw .... and then use my Skrill to keep on generating tons of miles!
                                                  Comment
                                                  • arie1985
                                                    SBR MVP
                                                    • 03-19-08
                                                    • 1625

                                                    #26
                                                    What do you guys think about £1,000 on Hillary Clinton to become the Democratic Nominee (against Sanders or Biden), risking £1,000 to win £50 - is that a "safe" bet?
                                                    Comment
                                                    • arie1985
                                                      SBR MVP
                                                      • 03-19-08
                                                      • 1625

                                                      #27
                                                      Originally posted by arie1985
                                                      What do you guys think about £1,000 on Hillary Clinton to become the Democratic Nominee (against Sanders or Biden), risking £1,000 to win £50 - is that a "safe" bet?
                                                      Comment
                                                      • jjgold
                                                        SBR Aristocracy
                                                        • 07-20-05
                                                        • 388189

                                                        #28
                                                        It is not worth it

                                                        Why?
                                                        Comment
                                                        • Mac4Lyfe
                                                          SBR Aristocracy
                                                          • 01-04-09
                                                          • 48366

                                                          #29
                                                          Originally posted by arie1985
                                                          What do you guys think about £1,000 on Hillary Clinton to become the Democratic Nominee (against Sanders or Biden), risking £1,000 to win £50 - is that a "safe" bet?
                                                          Hillary is an immortal deadbolt lock...unless she drops down dead or goes to jail. Would that cancel the bet.
                                                          Comment
                                                          • arie1985
                                                            SBR MVP
                                                            • 03-19-08
                                                            • 1625

                                                            #30
                                                            Originally posted by Mac4Lyfe
                                                            Hillary is an immortal deadbolt lock...unless she drops down dead or goes to jail. Would that cancel the bet.
                                                            Not sure if it would or not ... would you still take this 5% yield?
                                                            Comment
                                                            • kidcudi92
                                                              SBR Posting Legend
                                                              • 12-14-11
                                                              • 15434

                                                              #31
                                                              if anything sanders will run on a separate ticket but dems won't let him be the nom
                                                              Comment
                                                              • arie1985
                                                                SBR MVP
                                                                • 03-19-08
                                                                • 1625

                                                                #32
                                                                Originally posted by kidcudi92
                                                                if anything sanders will run on a separate ticket but dems won't let him be the nom
                                                                That's fine, the bet is on the Democratic nominee, not who wins the presidency, so I could care less what Sanders does - so go for it then???
                                                                Comment
                                                                • tsty
                                                                  SBR Wise Guy
                                                                  • 04-27-16
                                                                  • 510

                                                                  #33
                                                                  If you don't understand the concept of sports betting then you shouldn't really be doing it tbh
                                                                  Comment
                                                                  • malyfsborin88
                                                                    SBR Rookie
                                                                    • 01-24-16
                                                                    • 16

                                                                    #34
                                                                    Originally posted by TxAaron
                                                                    Cavs are a sure thing to win the series.

                                                                    Enjoy your miles.
                                                                    There are no sure wins. Anyone can beat anyone in a game.
                                                                    Comment
                                                                    • Mac4Lyfe
                                                                      SBR Aristocracy
                                                                      • 01-04-09
                                                                      • 48366

                                                                      #35
                                                                      Originally posted by arie1985
                                                                      That's fine, the bet is on the Democratic nominee, not who wins the presidency, so I could care less what Sanders does - so go for it then???
                                                                      This is about the "surest" bet you'll find. She will be the Democratic nominee barring death. i'D go for it in your case but, how long will your money be tied up? If they nominate her this week do you get paid or do you have to wait until July 25th?
                                                                      Comment
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