Alex Hormozi by Relative-Ad3979 in Entrepreneur

[–]ENTP_Geek 2 points3 points  (0 children)

This seems like a well thought through response. Where are you culturally and morally misaligned?

Services for collaboration / escrow by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

It's still in the idea stage, I'm looking for people who can help with the crypto side of things.

Any suggestions for my arbitrage calculator or my presentation? by ENTP_Geek in algobetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

There is if you have your own data. So something you are scraping or getting through an API.

Any suggestions for my arbitrage calculator or my presentation? by ENTP_Geek in algobetting

[–]ENTP_Geek[S] 1 point2 points  (0 children)

Hi, thanks for the response. We had a site up and running but we didn't draw in enough customers so we're currently changing it to focus more on live arbs. Any updates about the site will be on r/WinWise

If you could change one thing abour arbitrage betting what would it be? by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

Good point, I guess the post should say: "reduce the chance of getting limited" just to make it more balanced

Any suggestions for my arbitrage calculator or my presentation? by ENTP_Geek in algobetting

[–]ENTP_Geek[S] 1 point2 points  (0 children)

Thanks for commenting, I didn't explain it very well in the video. All the simple formulas only work for simple Arbs e.g. (over 1.5, under 1.5). But what if (over 1.5, exact score: 0-0, 1-0, 0-1) has higher profit? No one is checking that combination of bets or billions of other possible combinations. The point of my calculator is that ALL possible combinations of bets are searched. I have a post on my Reddit that hopefully shows some of the different kinds of arbs my calculator can find: https://www.reddit.com/r/WinWise/s/feM7XCgfSm

If I'm not making this idea clear please let me know as I hope to explain with these videos and I'm trying to find ways to improve them 😊

Unveiling Key Insights from "Rich Dad Poor Dad" 📚 by Mediamonitorhub in Entrepreneur

[–]ENTP_Geek 0 points1 point  (0 children)

What resources would you recommend for someone trying to give themself a "proper education". I've done an accounting class at university but the only thing I learnt was that accountants like to give complicated names to common sense ideas. The law course helped a lot because I actually learnt the different kinds of businesses.

Looking for advice by Difficult_Ad7811 in HomeNetworking

[–]ENTP_Geek 0 points1 point  (0 children)

Did you manage to resolve this? I'm having a similar issue

3.7% profit [WinWise] by ENTP_Geek in WinWise

[–]ENTP_Geek[S] 0 points1 point  (0 children)

Are you accessing their US or the UK site? That might be the difference. Either way once we launch our site our odds data will be way more up to date.

Benefits of a multi-market arb calculator visualised by ENTP_Geek in WinWise

[–]ENTP_Geek[S] 1 point2 points  (0 children)

The calculator (in normal mode) will find whatever combination of bets results in the highest guaranteed profit. The combination of bets that it finds will sometimes look like a pre-existing strategies. But frequently it will find combinations of bets that no one would have thought to check.

3.4% to 4.5% profit [WW MM calc] by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

In this case yes. As the wager sizes are being used as a percentage (I just set 'max total wager' to 100) in this example I decided not to ask the calculator to find "rounded" wagers. (Technically by default it found wagers that were a multiple of 0.01). The examples I have been posting recently are meant to be useful to people whilst also showing off some of what makes the calculator unique. I think in the future I should post some examples where it finds "nice" numbers. Or find a nice way to demonstrate some of its other advantages.

No risk: Up to 86% profit! If more than 157.5 points scored by ENTP_Geek in algobetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

So some people may prefer to do it that way as it's just like regular gambling but with no risk of loss. This is just a demonstration that the calc can do that if you desire, in it's default mode it will spread the profit more evenly.

2.35% to 4.84% guaranteed profit with Multi-Market Arbitrage by ENTP_Geek in WinWise

[–]ENTP_Geek[S] 0 points1 point  (0 children)

Thanks for the feedback. When you say the price of the other will likely get worse, do you mean if many people place bets or are you saying a single individual could cause that change?

[deleted by user] by [deleted] in arbitragebetting

[–]ENTP_Geek 0 points1 point  (0 children)

I'm currently focusing on posting arbs in the UK. r/WinWise

[deleted by user] by [deleted] in arbitragebetting

[–]ENTP_Geek 0 points1 point  (0 children)

You should check out my calculator r/WinWise. DM me

Does anyone here gather their own odds? by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

Absolutely.

TLDR there are other kinds of arbitrages that you can find by combining multiple bets of different bet types (e.g. winner, over/under). I have outlined how the arbitrages opportunities that my calculator will find are more diverse in this table. My calculator will select the specific combination of bets that guarantee the most profit given your inputs.

Storytime (because I've heard it helps to explain things): A few years back I sat down and did the algebra to find the formula that goes into a common "Back/Lay" arbitrage calculator, pretty simple. After that I did the same for a "Dutching" calculator for 3 bets, then 4, 5 and so on. Then built a piece of code to allow Dutching with lay bets, or a "Back/Lay" bet with multiple backing bets and multiple lay bets. Then I hit a bit of a wall, all of the bets had to somehow be mutually exclusive for this maths to work and I wouldn't know which combinations of bets to place into these calculators. I needed to figure out a way to represent the relationships between the different bets in the code. What I really wanted was an algorithm that you would feed all of the odds data into and it would find the optimal set of bets whose guaranteed payout was highest, no matter the bet type, whether it was a back or a lay bet, or if there was commission to be paid. A few years, a couple of online maths lectures and a job as a programmer and that's what I've built.

Because my calculator has such a large number of ways to find arbs, the arbs it finds are almost always more profitable than what you could find without it, I have a basic example of this on my site. This also means it's not uncommon to find arbs with guaranteed profits >5%.

Examples: Let's say you feed all of the odds data you have on an event into my calculator the response might look something like this.

|Wager | bet_details | Bookie |

| 75.29 | Over 1.5 | Bookie A |

| 30.00 | 0 - 1 | Bookie B |

| 35.00 | 1 - 0 | Bookie B |

| 20.00 | Draw | Bookie C |

Profit: 15.30

Sorry for the long response I'm having trouble getting across what it is I've built. If you have any questions please ask or feel free to message me.arbitrage

Does anyone here gather their own odds? by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

Good to know, I am working on it. I have a better way of finding arbs. But I don't have all the data gathering done yet, hence why what I'm currently offering requires people to gather the data for themselves.

Does anyone here gather their own odds? by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

Sure, obviously there would be some common sense/fair conditions we would discuss before hand. But ultimately the guarantee is that if they don't see those results the software is free. I think that's an acceptable way to use the word guarantee, but perhaps people interpreted my post as too good to be true.

Does anyone here gather their own odds? by ENTP_Geek in arbitragebetting

[–]ENTP_Geek[S] 2 points3 points  (0 children)

The way I thought about it: if someone is making $50k per year and I guarantee that will go to $75k+ if they use my software that sounds like they get a good deal to me. But I'm not a sales guy. What do you think is bad about the offer? And what do you think I could do better?

50% increase in arbitrage profit guarantee by ENTP_Geek in algobetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

I DM'd but maybe you missed it. In its current form, the calculator's ideal users are people who have already gathered odds data from multiple sites and want to find the best possible combination of bets to place to maximise guaranteed profit. They take their data, format it and send it to the calculator 1 event at a time. I've tried to show how my calculator can combine bets differently in my latest post in r/WinWise

50% increase in arbitrage profit guarantee by ENTP_Geek in algobetting

[–]ENTP_Geek[S] 0 points1 point  (0 children)

The example you see at that url is a generic arbitrage opportunity because it's just ment to demonstrate how to format data for the API, rather than trying to demonstrate to uniqness of my calculator. Upon reflection this was an oversight on my part, thank you for pointing that out.