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Author Topic: arbs betting  (Read 2719 times)

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drfc_burton_drfc

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arbs betting
« on December 22, 2011, 06:00:45 pm by drfc_burton_drfc »
is it really risk free because u know what they say u dont get nothing for free but my friend at work says he does it and that he has made over £1000 in 5 weeks could anyone give us an insight on this ????



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Muttley

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Re: arbs betting
« Reply #1 on December 22, 2011, 06:07:51 pm by Muttley »
If you know what you're doing and can handle the maths involved, I suppose it is risk free, but the returns are low so you'll need a fair wedge to make it worth your while.

GazLaz

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Re: arbs betting
« Reply #2 on December 22, 2011, 07:41:21 pm by GazLaz »
You don't have to be a genius to be an arber. If you can bet 3/1 and lay 5/2 you can't lose can you.

madmick50

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Re: arbs betting
« Reply #3 on December 22, 2011, 07:58:50 pm by madmick50 »
Quote
is it really risk free because u know what they say u dont get nothing for free but my friend at work says he does it and that he has made over £1000 in 5 weeks could anyone give us an insight on this ????


Nothing is risk free but as long as you don't make a mistake 99 times out of 100 you will make money. Arbing is reasonably straightforward to do. To make £1000 in 5 weeks is possible but is going some and must have involved a lot of time and effort (and a decent amount of money to start with). I make money on arbs  mainly on horse racing and football. You can do it on other sports as well.

I'm retired so can devote as little or as much time to it as I want. For someone working full time, then making £1000 is going to be very difficult (but not impossible) in 5 weeks. I would say £200 per month would be more realistic on an ongoing basis. Not a fortune but a nice little bit of extra money on a regular basis without spending loads of time on it.

I am a professional gambler and have made my living using arbing as part of my portfolio for nearly 4 years now. I have no intention of ever getting a proper job again. You need a basic understanding of maths and ideally you should be able to use a spreadsheet (I use Microsoft Excel). You can get started with as little as £100 but the more money the better.

I'm a bit busy at the moment but will post later tonight with an example of how it all works. If anyone is interested in making some extra money I can also show you some of the other ways I do it. Please don't think this is a wind up. I will post examples that will prove that it isn't.

WEALTH WARNING: IF YOU ARE A COMPULSIVE GAMBLER THIS IS NOT FOR YOU. YOU NEED TO BE DISCIPLINED AND MISTAKES CAN BE COSTLY.

Nudga

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Re: arbs betting
« Reply #4 on December 22, 2011, 08:36:28 pm by Nudga »
Quote from: \"madmick50\" post=206282
Quote
is it really risk free because u know what they say u dont get nothing for free but my friend at work says he does it and that he has made over £1000 in 5 weeks could anyone give us an insight on this ????


Nothing is risk free but as long as you don't make a mistake 99 times out of 100 you will make money. Arbing is reasonably straightforward to do. To make £1000 in 5 weeks is possible but is going some and must have involved a lot of time and effort (and a decent amount of money to start with). I make money on arbs  mainly on horse racing and football. You can do it on other sports as well.

I'm retired so can devote as little or as much time to it as I want. For someone working full time, then making £1000 is going to be very difficult (but not impossible) in 5 weeks. I would say £200 per month would be more realistic on an ongoing basis. Not a fortune but a nice little bit of extra money on a regular basis without spending loads of time on it.

I am a professional gambler and have made my living using arbing as part of my portfolio for nearly 4 years now. I have no intention of ever getting a proper job again. You need a basic understanding of maths and ideally you should be able to use a spreadsheet (I use Microsoft Excel). You can get started with as little as £100 but the more money the better.

I'm a bit busy at the moment but will post later tonight with an example of how it all works. If anyone is interested in making some extra money I can also show you some of the other ways I do it. Please don't think this is a wind up. I will post examples that will prove that it isn't.

WEALTH WARNING: IF YOU ARE A COMPULSIVE GAMBLER THIS IS NOT FOR YOU. YOU NEED TO BE DISCIPLINED AND MISTAKES CAN BE COSTLY.





Do you have to fill in your tax returns for being a professional gambler?

drfc_burton_drfc

  • Forum Member
  • Posts: 133
Re: arbs betting
« Reply #5 on December 22, 2011, 08:47:45 pm by drfc_burton_drfc »
Quote from: \"madmick50\" post=206282
Quote
is it really risk free because u know what they say u dont get nothing for free but my friend at work says he does it and that he has made over £1000 in 5 weeks could anyone give us an insight on this ????


Nothing is risk free but as long as you don't make a mistake 99 times out of 100 you will make money. Arbing is reasonably straightforward to do. To make £1000 in 5 weeks is possible but is going some and must have involved a lot of time and effort (and a decent amount of money to start with). I make money on arbs  mainly on horse racing and football. You can do it on other sports as well.

I'm retired so can devote as little or as much time to it as I want. For someone working full time, then making £1000 is going to be very difficult (but not impossible) in 5 weeks. I would say £200 per month would be more realistic on an ongoing basis. Not a fortune but a nice little bit of extra money on a regular basis without spending loads of time on it.

I am a professional gambler and have made my living using arbing as part of my portfolio for nearly 4 years now. I have no intention of ever getting a proper job again. You need a basic understanding of maths and ideally you should be able to use a spreadsheet (I use Microsoft Excel). You can get started with as little as £100 but the more money the better.

I'm a bit busy at the moment but will post later tonight with an example of how it all works. If anyone is interested in making some extra money I can also show you some of the other ways I do it. Please don't think this is a wind up. I will post examples that will prove that it isn't.

WEALTH WARNING: IF YOU ARE A COMPULSIVE GAMBLER THIS IS NOT FOR YOU. YOU NEED TO BE DISCIPLINED AND MISTAKES CAN BE COSTLY.



he wasnt working full time he was on the sick for 5 weeks to try it.

madmick50

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Re: arbs betting
« Reply #6 on December 22, 2011, 08:59:01 pm by madmick50 »
Quote
Do you have to fill in your tax returns for being a professional gambler?


Gambling is tax free so no you don't.

madmick50

  • Forum Member
  • Posts: 532
Re: arbs betting
« Reply #7 on December 22, 2011, 09:01:23 pm by madmick50 »
Quote
he wasnt working full time he was on the sick for 5 weeks to try it.


I am going to ignore your childish remark and post some extremely useful information later tonight. You will have to read it tomorrow because I will be posting well past your bedtime.

madmick50

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  • Posts: 532
Re: arbs betting
« Reply #8 on December 28, 2011, 05:57:49 pm by madmick50 »
Here is an example of how it works:

Back a horse at 10/1 to win the race. Back the same horse to lose the race at 9/1. Because you have covered both outcomes you are guaranteed a profit. For say a £100 stake you would typically clear a profit of around £5.

This is how arbing works. You can use different sports and different stakes. Obviously there is  work to be done to set up the opportunities and this is where the hard work and skill comes in. It is not risk free as odds can change before everything is in place but overall you will make money.

Bear in mind bookies don't like arbers and will quickly limit your stakes or even close your account if they start losing. So I would only view it as a short term way of making money and expect my bookie accounts to eventually get closed or limited to such an extent that it's not not worth having them.

A much better way to make short term money is through matched betting. This is where you use the free bets offered by bookies for opening an account to guarantee yourself a profit. You could quite easily make yourself over £1000 in the space of a few weeks virtually risk free. The only way you could lose is if you made a mistake or if the bookie went bust. Even if this happened you would still make a lot more than you lost and come out with a very healthy profit.

Here's a link with all the information you could possibly need to get started:

http://forums.moneysavingexpert.com/forumdisplay.php?f=41

I am also happy to answer any questions you might have if you can't find the answer you are looking for.

knockers

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Re: arbs betting
« Reply #9 on December 28, 2011, 06:34:27 pm by knockers »
Any tips for the racing at Donny tomorrow?

donnyjay

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Re: arbs betting
« Reply #10 on December 28, 2011, 06:43:10 pm by donnyjay »
Another good way of making money through gambling is to pay Pakistan cricketers thousands of pounds to bowl no-balls at certain intervals.

Alternatively. if money's tight why not try bribing the South African captain with a leather jacket.

GazLaz

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Re: arbs betting
« Reply #11 on January 03, 2012, 03:30:13 pm by GazLaz »
Where do you get the £5 profit from? If you bet a 1000/100 and lay a 900/100 you will have £100 on that horse to nothing or lay a 1000/111 and make £11 full stop. The first example is how proffesional arbers do it, having a bet to nothing basically. Your knowledge as ever mick seems limited.

 

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