Arbitrage Question
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garykingSBR Wise Guy
- 01-18-07
- 684
#106Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#107Interesting- I kind of wrote them off because I cashed out after my first deposit and then they just try to bait me with great 100% bonuses with 5x rollover and then tell me I'm not eligible. Didn't realize they had good baseball odds like that though. Will keep on eye on them going forward.
If you are an MLB guy they are a must out.Comment -
garykingSBR Wise Guy
- 01-18-07
- 684
#109LOLComment -
ace7550SBR MVP
- 05-08-15
- 3729
#110Wagerweb - Bama -2875
GT - Ark +5500Comment -
Tim_LSBR Rookie
- 10-24-20
- 14
#112Absolutely false. You maximize your expected bankroll growth by only betting the soft side. If one book has a coinflip as heads +120, tails -160 and the other sharp book has it -110/-110, who cares that the soft book has more juice? In fact you're making a mistake by betting tails at the sharp book.
I am well aware of where the value is thank you.
I am sure this is not what the poster actually meant, but the original poster may construe it as such.
I can't see anywhere in my post where I suggest betting the sharp side. In fact, it provides a reasoning not to.
As for who cares that the soft book has more juice? Well, if someone was weighting arbitrage stakes to the soft book, then this may be something to consider for them. If an arbitrage player chooses to cover the sharp side and lose value that way, it is their choice and reasoning.Comment -
ace7550SBR MVP
- 05-08-15
- 3729
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Tim_LSBR Rookie
- 10-24-20
- 14
#114
There are situations where the reason the arb exists is because value has occured on both sides of the bet. In such a situation it does make sense to bet both sides, even if you're a hard core value bettor.Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#115Youwager Baltimore -135
Bookmaker Cleveland +142Comment -
DISTROYASBR MVP
- 04-26-12
- 2911
#118bigdaddy, if you are that good and make that much kudos for you...but I would not even read this thread let alone comment if I was (wish) in your position.
Give us all your winners and all will quit arbing forever, I guarantee that
But to call people losers because they bet where they cannot lose is not correct.
I cant pick games for the life of me, quit wagering straight up for the most part a while ago and arbing has recouped almost half my career losses which were significant to say the least.Comment -
CrusherrrSBR MVP
- 06-27-16
- 3652
#119bigdaddy, if you are that good and make that much kudos for you...but I would not even read this thread let alone comment if I was (wish) in your position.
Give us all your winners and all will quit arbing forever, I guarantee that
But to call people losers because they bet where they cannot lose is not correct.
I cant pick games for the life of me, quit wagering straight up for the most part a while ago and arbing has recouped almost half my career losses which were significant to say the least.
Maybe so, but the ones that know what they're doing- it couldn't be further from the truth.Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#120I've never understood people that don't take bonuses. Is the RO really that big a deal? Were you going to withdraw and never make another bet? You are going to eventually meet the RO. You might as well take the free money.Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#121FYI BOL's 5% boost on deposit is back. This is additional to any bonus you take.Comment -
SawyerSBR Hall of Famer
- 06-01-09
- 7761
#122
I must admit I made this mistake as well, in the past. When I was a handicapper, I was overlooking bonuses. I was a pro after all and the reduced juice was the best bonus. Later, I realized picking odds higher then Pinnacle & enjoying bonus is much better then Pinnacle odds.
It's very hard to beat Pinnacle. If there's a bet you like, you must beat Pinnacle odds. Pinnacle is offering +105 for Miami. If you can grab it at +130 in a softbookmaker, you win over long haul. That's what we call value betting. Plus, you get bonus. Well, now you get the odds in your favor, that's what I call EDGE!
Btw, I miss old generous bonus offers. Costa rica bookmakers offering %50-100 bonuses were hammered hardComment -
jazzmonkeySBR High Roller
- 06-27-08
- 130
#123Agree, tough to beat Pinny. They do overreact, however, on steam moves which makes sense from a risk point of view - take the drifting price on a sharp move for US sports and you'll be in profit in the long run. Easier said than done of course
I agree with you completely. Bonus is a free money. You must be stupid to not take it. It's a nice addition to your profits. Still, many people are still overlooking bonus offers.
I must admit I made this mistake as well, in the past. When I was a handicapper, I was overlooking bonuses. I was a pro after all and the reduced juice was the best bonus. Later, I realized picking odds higher then Pinnacle & enjoying bonus is much better then Pinnacle odds.
It's very hard to beat Pinnacle. If there's a bet you like, you must beat Pinnacle odds. Pinnacle is offering +105 for Miami. If you can grab it at +130 in a softbookmaker, you win over long haul. That's what we call value betting. Plus, you get bonus. Well, now you get the odds in your favor, that's what I call EDGE!
Btw, I miss old generous bonus offers. Costa rica bookmakers offering %50-100 bonuses were hammered hardComment -
ace7550SBR MVP
- 05-08-15
- 3729
#124I wish Pinny accepted US players...Comment -
DISTROYASBR MVP
- 04-26-12
- 2911
#125just get VPN serviceComment -
kai_whoSBR Rookie
- 12-14-20
- 5
#127Sawyer, thanks for entering the thread!
When you advise:
"don't bet odds above 3,20."
Is this because you think the market is too inefficient on these long odds to make it worthwhile to value bet?
For example when you see a +500/-900 line on a market book that you normally price compare with, are you saying you wouldn't value bet a +800 opportunity?Comment -
SawyerSBR Hall of Famer
- 06-01-09
- 7761
#128Sawyer, thanks for entering the thread!
When you advise:
"don't bet odds above 3,20."
Is this because you think the market is too inefficient on these long odds to make it worthwhile to value bet?
For example when you see a +500/-900 line on a market book that you normally price compare with, are you saying you wouldn't value bet a +800 opportunity?Comment -
Tim_LSBR Rookie
- 10-24-20
- 14
#129What's the source of those bets. Many commercial alert services don't seem to know how to take into account margin bias, and thus report a lot of false positives.Comment -
deeppcktsSBR Wise Guy
- 12-19-12
- 830
#131HOHOHO20 50% BOL bonus, 20HOHOHO at Sportsbetting
Expires this FridayComment -
ace7550SBR MVP
- 05-08-15
- 3729
#132Youwager Pelicans +170
BOL Heat -162Comment -
TreebeardSBR Rookie
- 12-24-20
- 1
#135You can still make easily 100k a year even starting with 10k. Sign up bonuses are nice but reloads are just as good. Just have to know what you're doing and be willing to only bet big markets and dabble in casino games. It also helps I probably rake tens of thousands of dollars in poker on several of the sites as well
I constantly see posts about accounts getting banned / limited for winning. Which kinda defeats the point...
How can you or others you know earn 100k a year?! Do you get around limiting or are there just enough cool bookmakers who won't ban / limit you?Comment -
ace7550SBR MVP
- 05-08-15
- 3729
#136Great thread guys. Just joined the forum, I've been doing a ton of research into pro sports betting recently.
I constantly see posts about accounts getting banned / limited for winning. Which kinda defeats the point...
How can you or others you know earn 100k a year?! Do you get around limiting or are there just enough cool bookmakers who won't ban / limit you?
You're gonna have to beat them pretty badly to get limited. And if you do get limited, it'll be worth it.Comment -
SawyerSBR Hall of Famer
- 06-01-09
- 7761
#137Great thread guys. Just joined the forum, I've been doing a ton of research into pro sports betting recently.
I constantly see posts about accounts getting banned / limited for winning. Which kinda defeats the point...
How can you or others you know earn 100k a year?! Do you get around limiting or are there just enough cool bookmakers who won't ban / limit you?
It's the only way to continue arbing..Comment -
HomeRun35SBR High Roller
- 05-09-20
- 182
#138
Do you get around limiting or are there just enough cool bookmakers who won't ban / limit you?Comment -
punintendedSBR Hustler
- 11-29-11
- 90
#139
Instead, like Sawyer alluded to, they rely on friends to get them PPH and offshore accounts that copy the odds of the big 3.
The real question is how to make those accounts last for any significant length of time. It's very easy for a book to see that you're a sharp if you're beating the closing line 70%+ of the time, and it won't take very long for them to give you the boot.
I feel that you need to be betting right before kickoff, that way they don't have CLV to go on to determine if you're sharp or not.
Obviously winning betting the closing line is a lot harder then betting hours of days before the game. You can bet on smaller leagues which makes it easier, but then that looks pretty suspicious as well. What recreational player is going to only bet on stuff like Nicaraguan soccer?
So yea, I guess the way to go is like you said. Bet on many things close to gametime, break even (or lose a little) on the big leagues and make your money on the small/mid tier ones.
And have a good system in place to constantly be getting new accounts to replace the ones that limit you. Working on this myself now.Comment -
HomeRun35SBR High Roller
- 05-09-20
- 182
#140
And have a good system in place to constantly be getting new accounts to replace the ones that limit you. Working on this myself now.Comment
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