HKrandom
HKrandom
Joined: Oct 1, 2010
  • Threads: 18
  • Posts: 130
May 5th, 2013 at 5:14:50 AM permalink
Online gambling is illegal where I live but some guy I know makes bet365 accounts for people and the money in the account counts for 1000x its value (e.g. $50 in the account would count as $50,000 between us and each dollar bet is $1,000). The guy pays out winnings in cash so people go through him for added convenience and very high credit limits. Arbitrage opportunities with different odds across websites are quite rare and not very profitable since websites quickly adjust their odds and bet limits, however I doubt any website would care about someone arbitraging them for pennies. What kind of arbitrage tricks could I use?
FleaStiff
FleaStiff
Joined: Oct 19, 2009
  • Threads: 265
  • Posts: 14484
May 5th, 2013 at 6:00:19 AM permalink
I'd say if you have to ask you are going to be slow to use them properly.

Its like entering a sharp shooting contest and then asking where is the trigger on this gun.

You should learn about latency of networks and traffic loads.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 151
  • Posts: 19999
May 5th, 2013 at 7:03:42 AM permalink
Quote: FleaStiff

I'd say if you have to ask you are going to be slow to use them properly.

Its like entering a sharp shooting contest and then asking where is the trigger on this gun.

You should learn about latency of networks and traffic loads.

It could be worst and he could be asking what Arbitrage is.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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