[NL_Hustlr]

Originally Posted by Colossos159

Yes, you can find alot of info on scalping sport bets on different bookies and in theory it all seems very easy to do but there are alot of difficulties:

- you have to find the right odds between different bookies and you have to find them FAST as other people are doing the same as you and this shifts the odds fast.

- you need a big bankroll because the % profit is fairly low. Like 2-5% , so if you bet 100$, your profit will only be 2$-5$ and you have spend alot of time looking for this arb. If you are practising this , there's nothing wrong with that but dont start of immediatly with betting 5000$ because you'll burn yourself.

- bookies will shut you down and close your account !! My friend had 6 different accounts at a famous well known bookie because they closed his account alot of times when he made too much profit. To give an example:

Team A vs Team B
Bookie 1 = Team A wins : odds = 2 (so if you bet 10$ you get back 20$)
Bookie 2 = Team B wins : odds = 2,5 (so if you bet 10$ you get 25$ back)

If you have a roll of 5000$. You should bet
Bookie 1 = 3571$ for team A to win
Bookie 2 = 1428$ for team B to win

and (i'll leave the maths to you) you'll make a sure profit of 2142$ no matter who wins.

This example is ofcourse over the top but its just to point out how it works.

You can imagine that if you bet 5000$ on a team who is getting odds of 10 that the bookie ,if that team wins , will have to give you 50000$ and thats why they close accounts: they know what you are doing (as no one bets 5000$ on a team with 10 to 1 odds). Bookies dont like arbitrage!

- You'll need alot of accounts as there are alot of bookies and you have to find the odds between all of them. So you're bankroll will be spread out alot!

- I can give you the names of 2 bookies which work fine but its really kinda of a secret. Hint: search for Asian bookies.

- It takes alot of experience

- Lately bookies have been more carefull when setting their odds.

Colossos159

very interesting