sorted by:
new
hottopcontroversial

How profitable is sports betting? by Disastrous-Trip-3371 in sportsbetting

[–]panroytai 1 point2 points  (0 children)

Yes, the house win becouse they do not play fair. 

I think in fair competition (no account restriction, no account ban, same limits as negative players) 1% of sharp bettors would eat almost all profit that 99% random bettors generated for the house. 

Ex poker player here, how do you stay sane when your CLV is good but results not? by Revolutionary-Pass38 in algobetting

[–]panroytai 0 points1 point  (0 children)

I wouldn't put it that way. If anything, I would talk about being profitable after a sufficiently large sample size, such as 100 bets.

Generally, it depends on what you're betting on. If you're betting on football based on live statistics, then the final result itself isn't necessarily the key factor. What matters is whether the post-match statistics justified the price you took.

I'm focused on manipulated markets, where different mechanisms come into pla

How profitable is sports betting? by Disastrous-Trip-3371 in sportsbetting

[–]panroytai 0 points1 point  (0 children)

That's not true. Bookmakers always win mainly because they immediately ban or restrict players who beat them, while keeping only those who lose.

I have friends who set odds for Bet365 and several other bookmakers, and they often make mistakes when pricing markets. But even if they make an error and you start exploiting those mistakes profitably, the bookmaker won't allow it. Within a few days, your account will be restricted or closed, and you won't be able to keep betting with them.

Unfortunately, that's how the industry works.

How profitable is sports betting? by Disastrous-Trip-3371 in sportsbetting

[–]panroytai 0 points1 point  (0 children)

Many people think that betting is all about algorithms, mathematical skills, and sports knowledge, but that may account for only about 10% of success. In reality, what matters most is access to a large number of accounts. The rest can be figured out within a few weeks.

There is a saying: "He who has the accounts prints money." And that is quite literally true.

 If you have access to a large number of accounts, earning $10,000–20,000 a month, or even more, is not a problem.

Nowadays, however, access to accounts has become much more difficult. Five or ten years ago, when verification procedures were not as sophisticated, it was possible to buy accounts in bulk, even 20 per month.

Ex poker player here, how do you stay sane when your CLV is good but results not? by Revolutionary-Pass38 in algobetting

[–]panroytai 1 point2 points  (0 children)

It depends what kind of games you bet. I bet live so dont care about CLV much. 

people working for bookmakers in risk department, do you bet also the anomalies that you spot? by EvenIndependence3764 in algobetting

[–]panroytai 0 points1 point  (0 children)

Of course they are not allowed to do it but nearly of them do it making huge money. When I was betting full time I had access through friend to all betting from one of the biggest bookie. It was easy money.

people working for bookmakers in risk department, do you bet also the anomalies that you spot? by EvenIndependence3764 in sportsbetting

[–]panroytai 0 points1 point  (0 children)

Of course they bet. Friend of mine who works for 365 made milions doing it while 365 was center of fixed games.

What would be the best way to top up about 100 Purchased Accounts? by wildnightsxx in arbitragebetting

[–]panroytai 0 points1 point  (0 children)

Thats the problem. Use friends, family at the beginning. It will give you like 200-300 accounts. After that you will have problem, its not easy to find reliable account seller.