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  1. #1

    Default arb services

    can anyone recomend a good arb service

  2. #2

    Default

    vanman... do you know theory of Minority Game ?

    SBR Founder Join Date: 12/20/2005


  3. #3

  4. #4

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    i am very angry today so only brief... no energy remains for me...
    the similarity with ** is that if some strategy of behavior really works /in this case using certain arbservice/ it causes by itself that the strategy starts to be working less and less

    of course if there is free spread of information, the strategy is working less faster, therefore is not rational to spread such info

    some informations are not good for forums i guess, even when i would also appreciate this one

    i am afraid we will not get a valid response

    SBR Founder Join Date: 12/20/2005


  5. #5

    Default

    would you like to talk english not double dutch.

  6. #6

    Default

    sorry i can not do it better

    i can speak only in this terrible double dutch LOL

    more simply: it is idiocy to expect useful replies here

    SBR Founder Join Date: 12/20/2005


  7. #7

    Default

    you mean especially if they are from you.So do you use an arb service lucas

  8. #8

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    He means that any arb service suffers as it gets more members. Thus, nobody will tell you which they use.

    SBR Founder Join Date: 9/8/2005


  9. #9

    Default

    No reason to be a prick about it with your “especially if they’re from you” bullshit. English is a second language for Lucas, yet I believe he expressed his point in an understandable way. If you don’t get it, maybe you should take a look at yourself rather than taking shots at him.

    SBR Founder Join Date: 12/10/2005


  10. #10

    Default

    thanks santo
    no i do not use them

    SBR Founder Join Date: 12/20/2005


  11. #11

    Default

    Arb services are inaccurate and a waste of money.

    SBR Founder Join Date: 7/20/2005


  12. #12
    EBone
    Washington State +140 over Wichita State
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    Default

    I think Lucas is right. The more people that use arb services the less useful they are. I believe there is definitely a threshold reached that floods the world market.

    The best way to do it is to have someone right you a program specific to the books you want to use (or write it yourself if you have that knowledge) and have it geared toward the more obscure arbs that the conventional arb services arent looking for. It was tough getting conventional arbs for US citizens before the apocolypse hit. I would imagine that it is unbelievably tough now, at least for US citizens that are without Pinny.



    E

    SBR Founder Join Date: 8/10/2005


  13. #13

    Default

    The main problem with arbs are that one error costs you 3 months profit or more.
    And there is no question about will you make an error. The question stands when will this happen.
    You have most often no more than 10 seconds for your action.

    I have had costly errors myself and its not fr me but if you're sharp enough to execute these things flawlessly for years go find a more profitable use of your skills.

  14. #14

    Default

    It isn't worth it anymore. If you know what you are doing you can do it all by yourself much quicker than any arb software. I used Surebetpro last year for 8 mths but by the end I realsied what a waste of time and money they really are. I had my bets placed before the software would even pick it up. By the time the software picked it up the arb was gone so keep your money in your pocket mate.

  15. #15

    Default ever heard this phrase

    "picking you nickels in front of steamrollers"

    in financial markets you can do arbs, how the hell do you do arbs with sportsbetting. even it exits the commission/juice will eat up all the profit.

    i understand Lucas perfectly, btw. but i don't know why he is so angry...did you bet on the tigers?

  16. #16

    Default here is a link

    googled it and this is on the top:
    http://www.arbitragepro.com/sports.php

    never used arbs before, but i think what it does is go through all the sportsbooks and find arb opportunities in events. the site claims there were 441 arb events during the past week.

    i am prety skeptical. all sportsbook follow the line setters. unless someone made a shit load of one side bet on one sportsbook, i guess you could try to make some free money making wagers on the late reaction sportsbooks and hedge your bet with the sharp sportsbook.

    i don't think that will work because whenever a large wager is placed, the sharp sportbook will simple increase the bid ask margin (not really gambling terms, but you know what i am refering to), maybe the margin will be reduced after that initial sportsbook lay off some of the risk to other sportsbooks. at least that is what i'll do if i own a sportsbook.

    you gotta be damn fast to jump on those arb opportunities, and most sportsbook has a bet limit...usually 5000. think about it doing all that work plus paying the arb service plus paying commission/vig on both wagers, how much profit do you have left? not to mention the bet limit, if you want to make a large bet, the line manager might notice the line is delayed and tell you the new line. so good luck with any arb service you choose. they seem like scams to me, like the pro handicap services.

    now ask youself this question, if an arb exist, how come the arb service company does not do arb themselve? in financial markets, companies like ML, GS, CSFB all have a department looking for arbs all over the world. they have pretty creative arbs with 3 way, 4 way or even more creative arb stragies. now in sportsbetting, nothing is related. all the events are independent from each other...unless you're doing some crazy shit with the spread, moneyline, and over under.


  17. #17

    Default last comment on this topic

    there are three types of people who use arb(and pro handicap) service

    1) curious poeple
    2) desperate people
    3) idiots

    or maybe all three. since those types are not mutally exclusive, so i guess you can be a desperate curious idiot

  18. #18

    Default

    It is a waste of time and money

    Who wants to mke $8 an hr

    SBR Founder Join Date: 7/20/2005


  19. #19

    Default

    picoman, should we really take your posts serious??

    SBR Founder Join Date: 8/10/2005


  20. #20

    Default up to you

    Quote Originally Posted by slash View Post
    picoman, should we really take your posts serious??
    i am not using arb service. if you want, it is your money. i am just stating my opnion. but i'll laughing at you from now on if i know you're paying for arb service...not as bad as paying for pro cappers though


  21. #21

    Default

    I was referring to post #16 in this thread.

    SBR Founder Join Date: 8/10/2005


  22. #22

    Default

    Quote Originally Posted by vanman View Post
    can anyone recomend a good arb service
    You can find all of them here: http://www.sportsarbitrageguide.com/...nts/alerts.php

    I dunno which one is 'best' though.

  23. #23

    Default what about post #16

    Quote Originally Posted by slash View Post
    I was referring to post #16 in this thread.
    i explained what i think goes behind the curtains. if you think i am wrong, you can explain to me what do you think how the bookies balance their books and how arbs work.

  24. #24

    Default

    The post is just nonsense, so you could basically say just the opposite of what you do, and you will at least get closer to the truth.

    SBR Founder Join Date: 8/10/2005


  25. #25

    Default

    Quote Originally Posted by slash View Post
    The post is just nonsense, so you could basically say just the opposite of what you do, and you will at least get closer to the truth.
    Slash, I believe it is pointless to debate or argue.....Over the years, I've found that those who don't arb will never, ever be convinced that it's possible to earn a living doing so, in fact a very successful living. "I don't see how it's possible, therefore it's not", seems to be the general rule of thumb. You'd have better success trying to convert a lifelong Yankee fan into supporting the RedSox, or vice versa. Anyway, just an opinion.....

    SBR Founder Join Date: 9/21/2005


  26. #26

    Default

    Quote Originally Posted by jjgold View Post
    It is a waste of time and money

    Who wants to mke $8 an hr
    If you can do that on top of regular 9-5 job,then the way i see it you`ve got a nice pot to pay for lifes little luxuries.

  27. #27

    Default

    Quote Originally Posted by slash View Post
    The post is just nonsense, so you could basically say just the opposite of what you do, and you will at least get closer to the truth.
    "so you could basically say just the opposite of what you do"...i don't understand what do you mean here. seem like your reply is nonsense. your argument will have some value if you actually made a profit using arb.

  28. #28

    Default

    Quote Originally Posted by vanman View Post
    If you can do that on top of regular 9-5 job,then the way i see it you`ve got a nice pot to pay for lifes little luxuries.
    i think you might end up losing your 9-5 job because it is pretty time consuming.

  29. #29

    Default

    not as yet,if you didn`t have a job to go to then you would end up like a hermit

  30. #30

    Default true

    Quote Originally Posted by vanman View Post
    not as yet,if you didn`t have a job to go to then you would end up like a hermit
    i see a lot of gambler in vegas who spend the whole day in the sportsbook

    yeah, gambling can consume all your time if you're not careful

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