opinions4u Posted November 1, 2011 Share Posted November 1, 2011 http://news.bbc.co.uk/sport1/hi/football/15538765.stm That's some going with the 50p weekend accumulator! Quote Link to comment Share on other sites More sharing options...
razza699 Posted November 1, 2011 Share Posted November 1, 2011 http://news.bbc.co.uk/sport1/hi/football/15538765.stm That's some going with the 50p weekend accumulator! How the hell is that even possible , he must have been very unlucky Quote Link to comment Share on other sites More sharing options...
opinions4u Posted November 1, 2011 Author Share Posted November 1, 2011 I used to partake in a little bit of arbritage. Betting across different bookies, covering all outcomes, to guarantee a profit. I turned over £1m a year for a couple of years on a number of credit cards, before they all introduced fees for gambling transactions (still got over 20,000 Airmiles left to show for it, and banked some significant cashbacks, £2k off a new Corsa for Mrs o4u, Goldfish vouchers etc along the way). Made £8k a year profit, in additional to the card loyalty things, at its peak. Also got a "valued customer" trip to the Scottish Open Golf from Ladbrokes. Eventually they all got wise to me. Some bookies bar me and the rest limit me to a maximum bet of around £50. So it's not worth spending the time on these days. Good while it lasted though. Quote Link to comment Share on other sites More sharing options...
24hoursfromtulsehill Posted November 2, 2011 Share Posted November 2, 2011 £8,000 a year on a £1 million turnover is...peanuts. I take it in arbitrage that any outcome results in you winning? Quote Link to comment Share on other sites More sharing options...
rosa Posted November 2, 2011 Share Posted November 2, 2011 I used to partake in a little bit of arbritage. Betting across different bookies, covering all outcomes, to guarantee a profit. I turned over £1m a year for a couple of years on a number of credit cards, before they all introduced fees for gambling transactions (still got over 20,000 Airmiles left to show for it, and banked some significant cashbacks, £2k off a new Corsa for Mrs o4u, Goldfish vouchers etc along the way). Made £8k a year profit, in additional to the card loyalty things, at its peak. Also got a "valued customer" trip to the Scottish Open Golf from Ladbrokes. Eventually they all got wise to me. Some bookies bar me and the rest limit me to a maximum bet of around £50. So it's not worth spending the time on these days. Good while it lasted though. A lad i work with used to work at Betfred. In his words, "I got a job there because i wanted to pick up some tips on how to 'beat the bookie', and the only thing i learned was that you can't." They can spot patterns a mile away and anyone who's a half-decent tipster gets limits on their account. Quote Link to comment Share on other sites More sharing options...
opinions4u Posted November 2, 2011 Author Share Posted November 2, 2011 £8,000 a year on a £1 million turnover is...peanuts. I take it in arbitrage that any outcome results in you winning? You got it. Tennis was my main earner. Bet £600 on player A at 4/6 with bookie Y: if it comes in you get £1,000 back Bet £381 on player B at 13/8 with bookie Z: if it comes in you get £1,000 back. Total stake £981. Return £1,000 whoever wins. 30 minutes a night seeking out the odds and placing the bets ... quite a useful tax free top up to income on the back of a hobby. Shame I can't still do it . Quote Link to comment Share on other sites More sharing options...
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