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Originally Posted by volante
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.
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I see a tennis game with 35% profit being able to make of arbitrage... and some otehrs whetre you can make like 5%, that's still good profit IMO for 0 risk.
Well, there must be some risk.
One of the websites i saw says:
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Sure Bets (Arbitrage) Notes:
1. While every effort is made to ensure odds accuracy, it is your responsibility to check site odds before placing a bet.
2. Different bookmakers have different betting rules. Please check site rules before placing a bet.
3. Before placing a bet with an unknown bookmaker, please check our bookmaker review
4. Check tax or costs of payment and pay-off.
5. Make sure the bookmaker quotes do not get changed after you placed your bets.
6. Some bookmakers require that you bet on more than a single match to accept your bet
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