Newbie Questions
Hello everyone,
I am new to Arbs and have been doing some research. I have a few questions that I need some help with. I am trying to determine if I have a prayer of even getting into arbs! I live in the USA. I can't help it I was born here!
Please correct me if I have something wrong in my findings!
1. It seems that it is almost impossible for someone who lives in the United States of America to engabe in Abs and sports betting. Booke's won't take my money. etc.
2. It seems that there is a risk of NOT getting paid on your winning bet from the booke or the booke can go out of business overnight. Some are also SCAMs.
3. Arb Services software.. it is better to pay month to month than to pay upfront. If you pay for the software upfront you could bestuck and loose your money if the service stops sending you quality arbs or performing to your standards.
4. You need to have a sizable bankroll to effectively Arb and make decient money. By sizable I mean 10K - 25K. US
5. Bookie's place a limit you on how much you can wager? if this is true then what is the maximun one can usually bet and is there a way around this?
6. Bookie's also limit you after you take money out of your account winings?
7. Do you have to deposit money at all the Booke's you think you may use? This does not sound safe to me. What security do you have on your money sitting with them? Any?Or do you only make a deposit after you discover they are part of your Arb formula to win?
8. Where do you hold your accounts so that when you get paid you can manage money without shining a spot light for all to see? Seems to me you would want a central holding account that funds your bets when you find and Arb.
Well, for starters I think that is about it for the questions I am seeking answers to. I would be most appreciative for any guiednce or help anyone who has been Arbing for awhile can give me. It sounds like Arbing can be much more than a hobby and labor intensive.
I can't wait to hear from you pro's.
Sincerely seeking,
Rabses
I am new to Arbs and have been doing some research. I have a few questions that I need some help with. I am trying to determine if I have a prayer of even getting into arbs! I live in the USA. I can't help it I was born here!
Please correct me if I have something wrong in my findings!
1. It seems that it is almost impossible for someone who lives in the United States of America to engabe in Abs and sports betting. Booke's won't take my money. etc.
2. It seems that there is a risk of NOT getting paid on your winning bet from the booke or the booke can go out of business overnight. Some are also SCAMs.
3. Arb Services software.. it is better to pay month to month than to pay upfront. If you pay for the software upfront you could bestuck and loose your money if the service stops sending you quality arbs or performing to your standards.
4. You need to have a sizable bankroll to effectively Arb and make decient money. By sizable I mean 10K - 25K. US
5. Bookie's place a limit you on how much you can wager? if this is true then what is the maximun one can usually bet and is there a way around this?
6. Bookie's also limit you after you take money out of your account winings?
7. Do you have to deposit money at all the Booke's you think you may use? This does not sound safe to me. What security do you have on your money sitting with them? Any?Or do you only make a deposit after you discover they are part of your Arb formula to win?
8. Where do you hold your accounts so that when you get paid you can manage money without shining a spot light for all to see? Seems to me you would want a central holding account that funds your bets when you find and Arb.
Well, for starters I think that is about it for the questions I am seeking answers to. I would be most appreciative for any guiednce or help anyone who has been Arbing for awhile can give me. It sounds like Arbing can be much more than a hobby and labor intensive.
I can't wait to hear from you pro's.
Sincerely seeking,
Rabses
