GoFuckYourself.com - Adult Webmaster Forum - View Single Post - do you know someone who makes all his money from sports betting ?

volante · 09-10-2005, 10:39 AM

I used to gamble seriously (and profitably!) but to make it worth your while you need a sizeable betting bank - mine used to be about $40000. Was all going swimmingly until I needed the money for something else - now I'm building up the bank again.

Arbs are great, but you'll need accounts with at least a dozen bookies which spreads your bank so thinly it's not really worth it unless your bank is at least $100000. Arbs rarely result in a profit of more than 1% of your stakes. If you've got $100000 spread over 20 accounts then the maximum you'll be betting per arb is $10000 (the total value of accounts at two bookies) which, at 1% return, is a profit of $100 per arb. However, if you pool your money together with a group of likeminded (and VERY trustworthy) people returns of 15% per month are not uncommon - try doing that on the stockmarket!

09-10-2005, 10:39 AM
volante Confirmed User Join Date: Mar 2002 Location: LAX Immigration Posts: 2,940	I used to gamble seriously (and profitably!) but to make it worth your while you need a sizeable betting bank - mine used to be about $40000. Was all going swimmingly until I needed the money for something else - now I'm building up the bank again. Arbs are great, but you'll need accounts with at least a dozen bookies which spreads your bank so thinly it's not really worth it unless your bank is at least $100000. Arbs rarely result in a profit of more than 1% of your stakes. If you've got $100000 spread over 20 accounts then the maximum you'll be betting per arb is $10000 (the total value of accounts at two bookies) which, at 1% return, is a profit of $100 per arb. However, if you pool your money together with a group of likeminded (and VERY trustworthy) people returns of 15% per month are not uncommon - try doing that on the stockmarket!