According to Pinnacle Sports

[daonlyplaya]

They have welcomed users who make >300,000 a month.
@PinnacleSports Do you have many bettors making a living from this game, many making legendary incomes? Yet you still want them to play?
@JMackie4 Yes we do but we stand by our credo of Winners Welcome. I mentioned last time that we have bettors making > $300K/month #Pinnacle

Thoughts?

[SBR_John]

It's maybe all in the semantics. No doubt they have a lot of players that win $300k in a month(some months). If you average that into a year and ask how many players win an avg of $300k a month for a year you would probably widdle that number down to maybe a dozen or so, would be my guess. They have some huge intl players, that's for sure.

[wrongturn]

Having players making 300k/month does not mean Pinnacle losing to these players the same amount each month. They definitely leverage that info or credibility to gain from somewhere else. That is why they still keep the "winners welcome" slogan.

[SBR_John]

Having players making 300k/month does not mean Pinnacle losing to these players the same amount each month. They definitely leverage that info or credibility to gain from somewhere else. That is why they still keep the "winners welcome" slogan.

Good point.

[Rangers901]

Although I don't doubt that there are some heavy hitters at Pinnacle, this statement can be chewed and spit out in numerous ways.

IMO, a high precentage of their customers winning these large figures are syndicates/arbers. So, although at Pinnacle they are up say 2 million for the year, a small percentage of that is actually profit.

[jjgold]

lol

Your not winning 300k a month arbing

Most books will not even take 5k wagers across the globe so your lucky to win tops $200 on a wide arb and Arbs usually go 40-60 or 60-40 at books so you dont really kill one book

[Rangers901]

lol

Your not winning 300k a month arbing

Most books will not even take 5k wagers across the globe so your lucky to win tops $200 on a wide arb and Arbs usually go 40-60 or 60-40 at books so you dont really kill one book

Did you even take the time to read exactly what was said? You're so quick to bash arbing, yet you seem to know next to nothing about it.

Following the figures I was using, for example, someone has one million at Pinny, and 1.7 million at Betfair. By the end of the year after arbing, they end up with two million at Pinny, and one million at Betfair.

So, although it appears at Pinny they're up one million that year, to the punter, he's only up 300k.

JJ, it's really not that difficult of a concept to grasp.

[jjgold]

My point is arbing is the stupid thing you can ever do. Incredible risk of money to win pennies, most books will lock your account too and try not to pay you if the one book keeps winning on the arb, one stiff job and all your arbing goes to waste , one mistake and all your arbing goes to waste. Both scenarios happen frequently.

[allin1]

It's maybe all in the semantics.

maybe... maybe not

[JoeyBagels]

Pinnacle is almost always on the hard side of any arb so it's not like people are killing them there. Not to mention limits on soft side will limit all profits anyway. Syndicate action on asians I can easily see it as at least 20+ making 300k p/m

[dirtdog52658]

Most times when there is line movement at pinny it is because a max bet is being placed. They regularly take 50k on NFL and certain soccer leagues. Very possible that people are making 6+ units a month off them.

[real1992]

0 is the correct number of arbers that are winners in the end f the year at pinnaclesports,sboet,betfair. You will always have negative balance on sharpbooks in the long run! (exept good handicapers)

[Sawyer]

Although I don't doubt that there are some heavy hitters at Pinnacle, this statement can be chewed and spit out in numerous ways.

IMO, a high precentage of their customers winning these large figures are syndicates/arbers. So, although at Pinnacle they are up say 2 million for the year, a small percentage of that is actually profit.

Arbers? Are you kidding? All Arbers are losing in Pinnacle over long haul. I lost 284.477€ in Pinnacle last year, lol.

Who is winning in Pinnacle? Just one group: Betting syndicates! That's why line movements they cause is so accurate.

[Sawyer]

lol

Your not winning 300k a month arbing

Most books will not even take 5k wagers across the globe so your lucky to win tops $200 on a wide arb and Arbs usually go 40-60 or 60-40 at books so you dont really kill one book

Agreed with JJ here. Best I could do was 38.206€/month by arbing. I met some guys who make more profit then me but I never met an arber who makes more then 100k in a month. Making 300k/month can be possibe by syndicate betting but not by arbing. It would require a gargantuan volume.

[real1992]

nice to meet you here too Sawyer

[MeatWad]

Agreed with JJ here. Best I could do was 38.206€/month by arbing. I met some guys who make more profit then me but I never met an arber who makes more then 100k in a month. Making 300k/month can be possibe by syndicate betting but not by arbing. It would require a gargantuan volume.

You can literally make that much off arbing alone and never encounter problems? Seems like they would snuff you out quick? I definitely respect your advice and opinions, but I never fathomed arbers could sustain mid six figure type of profits for years?

[Mexes]

Agreed with JJ here. Best I could do was 38.206€/month by arbing.

did you do this only with pinnacle and betfair??

my best months were 4 times ~10500€

over 38k is a very high number
respect!

[jjgold]

The days of arbing are long gone

Why??

Most books take small limits so cannot make much on an arb

To be a successful arber you need to get down at least 5k on each per game and that is not happening

Also if you get hot at one book and run up a big balance always trouble getting cash with lots of verification and delays

Its a waste of time

[Digo]

It's maybe all in the semantics. No doubt they have a lot of players that win $300k in a month(some months). If you average that into a year and ask how many players win an avg of $300k a month for a year you would probably widdle that number down to maybe a dozen or so, would be my guess. They have some huge intl players, that's for sure.

Well said!

[MeatWad]

The days of arbing are long gone

Why??

Most books take small limits so cannot make much on an arb

To be a successful arber you need to get down at least 5k on each per game and that is not happening

Also if you get hot at one book and run up a big balance always trouble getting cash with lots of verification and delays

Its a waste of time

This was my impression also. I would be interested to know if Sawyer still arbs? Definitely apprears to be man on top of his game.

[evo34]

Love that people are still trying to "arb". What's your hourly wage? Def. below minimum in the US. Get some actual handicapping skill on your side or try something else for a living.

[Krashman]

Love that people are still trying to "arb". What's your hourly wage? Def. below minimum in the US. Get some actual handicapping skill on your side or try something else for a living.

And yet 97% of handicappers keep trying despite their negative hourly rate.

[RedDevil1974]

My point is arbing is the stupid thing you can ever do. Incredible risk of money to win pennies, most books will lock your account too and try not to pay you if the one book keeps winning on the arb, one stiff job and all your arbing goes to waste , one mistake and all your arbing goes to waste. Both scenarios happen frequently.

Not if you aren't stupid it doesn't

[jjgold]

The days of arbing are long gone..too many bad books, slow pays, etc

[Hareeba!]

The days of arbing are long gone..too many bad books, slow pays, etc

you would certainly think so but we keep seeing posts suggesting that there is still good money to be made

what I'd like to know is where are these guys betting because it can't be at the books we know!

I suspect that what they are really talking about isn't true arbing but TRADING. i've seen some posters not appreciate the difference.