1. #71
    goblue12
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    BetEd and Sportsbetting went 5-2 yesterday on RL "arbs" with Matchbook.

    You guys think there's something to "betting the soft side of an arb"?

  2. #72
    bradthebloke
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    i had a couple questions about this. one, are there as many scalps in spread sports such as baskets and foots? and two, i imagine you go bust eventually at one book and have to take a payout from the other book to reup at the first book. with all these checks coming to you, what about taxes? as you arent really winning that money as u lost it on the other side at the book, do u have to pay taxes on this money? do the banks report it as income eventhough it wasnt?

  3. #73
    ZetaPsi808
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    Quote Originally Posted by bradthebloke View Post
    i had a couple questions about this. one, are there as many scalps in spread sports such as baskets and foots? and two, i imagine you go bust eventually at one book and have to take a payout from the other book to reup at the first book. with all these checks coming to you, what about taxes? as you arent really winning that money as u lost it on the other side at the book, do u have to pay taxes on this money? do the banks report it as income eventhough it wasnt?
    1. scalping is easier in baseball. the spread is always the same (1.5 runs). where as in nba or nfl, you have to worry about the spread, and the juice (-110, -105, etc). so that complicates things a little for nba and nfl

    2. yeah u will go bust at books a lot. but this is good b/c you get a reload bonus when you re-deposit with them.

    3. i always switch up my payout methods. i use **, **, regular bank check, wire. do not over use and abuse the same method. otherwise ** will blacklist you b/c they will figure out you are using them to gamble. do not pay fees for payouts. most books offer one free payout every 30 days

    4. i dont report my winnings or losses.

  4. #74
    Johnny 55
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    You have to pay taxes on your total income. Just as any business has revenue and expenses, the same would hold true for someone who wins money at sports betting. You should pay taxes on your total profit/income. Pay your taxes, this is important.

  5. #75
    ZetaPsi808
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    betphoenix mets ml +158 7:10 pm

  6. #76
    ZetaPsi808
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    get this one fast. red sox ml 5dimes +188 yanks ml greek -185

    and with this wager, i have just cleared my rollover requirement at the greek!

  7. #77
    rfr3sh
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    zeta got an idea for you maybe to test not sure if it will work

    take a look at http://contests.covers.com/handicapp...money.html&t=0

    notice the top publicly backed teams, so when you see these teams playing the next day you have a good idea the public will be on them, therefor the line should move in your favour more times then not.

    If you grabbed the opener at pinny (usually around 3-4pm the day before)
    by close to game time you should be able to make arbs

    not sure how well this will work but just a suggestion

    also check this site

    http://www.oddsportal.com/sure-bets/
    Last edited by rfr3sh; 08-07-10 at 04:50 AM.

  8. #78
    rfr3sh
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    ...
    Last edited by rfr3sh; 08-07-10 at 05:07 AM.

  9. #79
    ZetaPsi808
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    refresh, that covers link is great. i wonder which sportsbook(s) covers uses to get their data? is that 69k figure from just pinnacle?

    damn i wish i had pinnacle. altho 5dimes serves me well b/c they have nickle overnight lines
    Last edited by ZetaPsi808; 08-07-10 at 08:33 PM.

  10. #80
    ZetaPsi808
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    mariners ml -115 sports interaction 10:10 pm

  11. #81
    ZetaPsi808
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    tigers ML +150 5dimes 7:05 pm

  12. #82
    rfr3sh
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    http://www.oddsportal.com/sure-bets/

    site is pretty self explanatory

    they show the two sites at which to bet, and the odds of each bet, the profit is obviously the amount you make from betting at both books
    the only problem is they use a lot of sites, most of which you might not have money at however they find some nice arbs
    look at the first one for tennis tomorrow 4.7% profit..

  13. #83
    ZetaPsi808
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    how do i change the settings on that site so it only lists books popular to american gamblers(greek, bookmaker, 5dimes, betjam, etc.) i also want to change the settings so it lists arbs in : mlb, nfl, nba leagues. i dont know how to wager with tennis or soccer.. lines are too confusing.

    thanks refresh!

  14. #84
    rfr3sh
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    zeta make an account and go to

    http://www.oddsportal.com/my-bookmakers/

    and tennis and soccer is straight forward, if you are using that site then just bet the odds they have listed 1 means the first team 2 means the away team

    ie the 4.7% profit tennis bet

    bet Dulko at pinny +181
    bet Safarova at extra bet -149

  15. #85
    ZetaPsi808
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    i am on the "sure bets" tab. but i am not funded at any of those books. how do i set it up so i can arb with using only baseball lines?

  16. #86
    rfr3sh
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    Quote Originally Posted by ZetaPsi808 View Post
    i am on the "sure bets" tab. but i am not funded at any of those books. how do i set it up so i can arb with using only baseball lines?
    zeta i have not figured that out yet sorry pal

  17. #87
    rfr3sh
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    my 2 cents grab white sox -136 at 5 dimes right now I think they will get pounded tomorrow

  18. #88
    ZetaPsi808
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    thats a gamble refresh. im not good enough to predict line movements. i went all in on the tigers +150 risk 500 to win 750 so i have no balance left on my 5dimes account

  19. #89
    hhsilver
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    Quote Originally Posted by ZetaPsi808 View Post
    thats a gamble refresh. im not good enough to predict line movements. i went all in on the tigers +150 risk 500 to win 750 so i have no balance left on my 5dimes account
    good post -- predicting line movements can be as hard as predicting winners --- be cautious about trying to arb by anticipating. as of now, 9 am, the above suggestion for cws is bad advice, though it's a long time til game time, so it still may be good - or not.

  20. #90
    Fishhead
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    Everyone should hava an account with MATCHBOOK


    A MUST for this


    Agree, careful taking leans.........this should only be done by true professionals.

  21. #91
    ZetaPsi808
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    betjam braves ml -146 and dodgers ml 5dimes +149

  22. #92
    ZetaPsi808
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    red sox -155 5dimes. rays +155 bookmaker.

    this does not yield a profit, but if you pound it for the max 5dimes allows for reduced juice (risking $500 to win $775), it will yield 500 bet points at bookmaker. also a good way to clear rollover.

  23. #93
    ZetaPsi808
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    8:10 pm Indians ML +185 REBATEWAGER

  24. #94
    hhsilver
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    glad to see you are keeping this thread alive. thanks. if I see any , I'll post.

  25. #95
    ZetaPsi808
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    Nov 01NBA [505] SA SPURS -7-110 275.00 USD / 250.00 USD

    rebate wager hanging an off number

  26. #96
    RonPaul2008
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    Can't believe I never saw this thread before.
    Last edited by RonPaul2008; 11-01-10 at 01:21 AM.

  27. #97
    dodger33
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    I know fishhead has said it before but half time lines at matchbook are some of the easiest arbs. If i remember i will post them up next sunday.

  28. #98
    Tommy_de1st
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  29. #99
    Monte
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    prolly the most stupid thread on this board, first of all a gamble on line movement is not an arb you idiots, it's only an arb if it is available at the time you place *both* bets. What a surprise that FH is in here too

  30. #100
    RonPaul2008
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    Quote Originally Posted by Tommy_de1st View Post
    Cool site....but looks like only soccer.

  31. #101
    ZetaPsi808
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    wow that rebate wager line is still up there 3 hours later .

  32. #102
    Sawyer
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    Surebet thread, huh? Useful..

  33. #103
    ZetaPsi808
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    Quote Originally Posted by Sawyer View Post
    Surebet thread, huh? Useful..
    sawyer get a clue pal. do you even know what arbing is?

    i did not arb this bet/ instead i chose to go for a middle. i just put 275 on clippers +8 -110 at bookmaker.

    sawyer if the spurs win by 7 or 8 i win 227 bucks. if any other outcome occurs i lose 22 bucks. so my odds here are about +1030. and 7 is a key number in nba.
    Last edited by ZetaPsi808; 11-01-10 at 04:48 AM.

  34. #104
    RonPaul2008
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    Quote Originally Posted by ZetaPsi808 View Post
    sawyer get a clue pal. do you even know what arbing is?

    i just put 250 on clippers +8 -110 at bookmaker.

    sawyer if the spurs win by 7 or 8 i win 227 bucks. if any other outcome occurs i lose 22 bucks. so my odds here are about +1030. and 7 is a key number in nba.
    Yes, 7 is the most key number in NBA-- but...I doubt that play is much better then break even....if it is at all.

  35. #105
    Monte
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    Quote Originally Posted by ZetaPsi808 View Post
    sawyer get a clue pal. do you even know what arbing is?

    i did not arb this bet/ instead i chose to go for a middle. i just put 275 on clippers +8 -110 at bookmaker.

    sawyer if the spurs win by 7 or 8 i win 227 bucks. if any other outcome occurs i lose 22 bucks. so my odds here are about +1030. and 7 is a key number in nba.
    lol...yea cg on your great middle, so let's get this straight: you paid 20c for 1 point.
    Not that bad, but this is not +ev.
    7 is a more common number in the NBA, but not a *keynumber*...where did you get this fairy tale from? Fishhead?
    Just look at the Pinny line, buying off 7.5 to get -7 you would have to pay 11c. So it is prolly worth 9-10c...which means your middle is 100% worthless.

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