Beat the Bookie iPhone app

I just got an iPhone and in the "app-wild" phase where you see all the stuff you can get free/cheap. One thing is a countable single-deck practice BJ game. No money to win but even has early-surrender, good for airport fun.

But anyways the one is called "Beat the Bookie." Claims it will search for bets you can make to get a guaranteed outcome. I was wondering if anyone has heard of it or looked at it?

FWIW: Yes, I know you are not supposed to hedge and I know if the thing worked as advertised all edge would dissapear. I know it isn't likely to work. Mostly wondering if anyone actually paid the 99 cents to try it out.

Quote: AZDuffman

Mostly wondering if anyone actually paid the 99 cents to try it out.

Sorry, I don't know all this stuff about Jailbreaking a cell phone and things called "Apps" because in the modern world there is no time to say "Application" or "Program", but I think more people would be trying this thing out if it sold for 99 dollars rather than 99 cents. Most likely it just dials a number and retrieves a computer print out rather than generates anything. I'll ask around the burn barrel this morning and see what I can find out. Its probably just some sort of spread arbitrage calculations being performed on a dozen servers with the "App" merely dialing a number to retrieve the latest results.

I can confirm it works, and can make you a lot of money.

However, its not easy. You need account with nearly every bookie to make it work. You also need funds in these accounts ready to place the bets. The situations come up all the time, usually with an edge of 1-10% and usually last for 30minutes to an hour.

The downside is it sometimes goes wrong. You place bet 1, and bet 2 changes before you can get it on. You now have to re-trade at a small loss or hope the market moves again. Some bookies are known to back track bets if you make very large bets. So you are usually re-stricted to £200/$300 after a few wins.

I think if you had a team of people, with multiple accounts, a large bankroll and a super fast internet connection you could make enough to live on. Just.

It definately works and I am living proof. And as I've said before and WizardofEngland just mentioned, you have to have a lot of money tied up in online accounts. You also have to have a lot of time on your hands. Guaranteed winners come up randomly thoughout the day and night. You have to be ready to jump on them when they do or you miss it. If you have the time and money, you will make money. Perfect for someone that works at home on a computer or is allowed access at work during an 8 hour shift. With all of the online books starting to get mobile apps I am thinking about doing it again some time in the future.

I don't do sports betting at all, but I gotta wonder...

With all the money you need to tie up, and the amount of time you need to put into it, is it really worth it?

I mean, if you're a good handicapper, and can usually pick winners, that's a different story.

But to work at finding a profitable hedge... How much of a profit is it? Enough to offset the value of your time? Enough to offset the simple interest the tied up money could have been making if you merely stuck it in the bank?

You don't have to do any work to make money, unless you want it to be your full time income. You just have to be in front of a computer all the time. I did not do it as a living, but I owned a business where I was at my desk 5 days a week all day. An opportunity would pop up on my screen and I would then log into the two appropriate betting sites and place 2 bets. 10 minutes Max time spent for guaranteed win.

My guess would be if you wanted to invest (not true investment, really just deposit since you will not lose it) $1,000 into 12 different reliable online books, you could find on average 3 bets per day every day of the year. Each bet would make you $5-$10, for an annual income of about $5475-$10,950 making $100 +/- wagers.

Quote: Zcore13

.. I owned a business where I was at my desk 5 days a week all day.

Are you saying the business was unrelated? And that you only took a few minutes away from the unrelated business to work the bets? OK. That I can see.


When I first read it, I thought you meant that you sat around scratching your ass all day, and periodically, for just a couple minutes, worked to get the bets down.

Granted, if it's the latter, it's not real work - no real exertion required. But what a waste of a day, every day.

I had a real business that supported the family. But since I was sitting in front if a computer anyway, I decided to earn a little extra here and there. Free money basically.

Quote: WizardofEngland

I can confirm it works, and can make you a lot of money.

However, its not easy. You need account with nearly every bookie to make it work. You also need funds in these accounts ready to place the bets. The situations come up all the time, usually with an edge of 1-10% and usually last for 30minutes to an hour.

The downside is it sometimes goes wrong. You place bet 1, and bet 2 changes before you can get it on. You now have to re-trade at a small loss or hope the market moves again. Some bookies are known to back track bets if you make very large bets. So you are usually re-stricted to £200/$300 after a few wins.

I think if you had a team of people, with multiple accounts, a large bankroll and a super fast internet connection you could make enough to live on. Just.

How many books are we talking about and do you know if the app gives you a list to start off so you are ready to go?

I don't know about the actual app. I used a subscription service to provide me the bets. They scanned 60+ books and I probably had £200 in 30+ of them. I then filtered the picks based on the books I had money with, in the currency I wanted. It was common for me to be placing bets in £ $ € everyday. The biggest score I ever had was a single bet, at the SAME book, a soccer friendly between Brazil and Scotland. They had actually mis priced the market on a printed sheet. The trick was to back brazil to win, and to back Scotland to win with a +1 goal handicap. I forget the exact odds, but it was a 12% edge. The bookie Coral have shops on the street here, I went in and asked what the max bet was, was told to 2k, and I had to visit 11 shops to get all my available on. I got all bets on without any hassle, and 90 minutes later I was nearly 5k richer. There is no way I would of been able to do that online.

Baseball season is the best time to make money for U.S. sports. Every day you can usually find multiple even bet with a +110 on the other side or two +105's playing each other. My eyes light up like flash lights when I see 2 underdog lineso. It's like Christmas in June! :)

Quote: WizardofEngland

I don't know about the actual app. I used a subscription service to provide me the bets. They scanned 60+ books and I probably had £200 in 30+ of them. I then filtered the picks based on the books I had money with, in the currency I wanted. It was common for me to be placing bets in £ $ € everyday. The biggest score I ever had was a single bet, at the SAME book, a soccer friendly between Brazil and Scotland. They had actually mis priced the market on a printed sheet. The trick was to back brazil to win, and to back Scotland to win with a +1 goal handicap. I forget the exact odds, but it was a 12% edge. The bookie Coral have shops on the street here, I went in and asked what the max bet was, was told to 2k, and I had to visit 11 shops to get all my available on. I got all bets on without any hassle, and 90 minutes later I was nearly 5k richer. There is no way I would of been able to do that online.

Hmm, sounds like it might be worth the $2USD investment in the app, if not just to check it out.