I stumbled upon a video on YT about a guy that found a way to be profitable on sports betting (using arbitrage)


most sports betters have barely winrate above 50% with a team of people just to output and sell predictions

but using the way described in the video, you can predict your outcome to be breakeven or positive. Meaning you cannot lose money with this strategy, the worst that can happen is the you end up at breakeven.

The secret is to work with two different brokers that propose different returns percentage. Then, by betting a precise amount on both brokers, betting for one side on one broker and the other on the other, you can expect to win OR to get to breakeven

BUT (because there is a but)

because you're gonna win a lot, the betting sites will eventually ban you. But not before you have made a lot of money of course...

also you need to be careful and precise. I cannot be responsible for losses that may occur for improper risk management on your part.

anybody tried that ?

Jeff

This is called dutching and it does work well but as mentioned as with any strategy that creates long term value on bookies, be it with sports or casinos, if they catch you they stake limit you and/or promo ban you. Also check out matched betting where you lay off bets on the exchanges to guarantee money from bookie bonuses.

sebking1986 wrote: Fri Nov 05, 2021 11:21 pm This is called dutching and it does work well but as mentioned as with any strategy that creates long term value on bookies, be it with sports or casinos, if they catch you they stake limit you and/or promo ban you. Also check out matched betting where you lay off bets on the exchanges to guarantee money from bookie bonuses.

which is kinda weird. You win ? they ban you. You lose ? you're welcome...
hmm

ionone wrote: Fri Nov 05, 2021 11:30 pm which is kinda weird. You win ? they ban you. You lose ? you're welcome...
hmm

It's a real issue that the Gambling Commission in the UK need to sort out. Banning winners or people that profit from their free bets is just ludicrous. Can you imagine a pub doing happy hour and then barring you for buying more pints than you otherwise would have done? There has been reports recently of SKybet sending promotion emails to those who have self excluded as well which is just deplorable.