Thursday, 27 December 2007
Arbitrage Services
Today i would like to express my opinion about the several Abritrage services which are available on the internet. A friend of this column asked my opinion about an Arbitrage service and driven by his e-mail, i will express my opinion.
My opinion is that i find it rather difficult for someone to make money through arbitrage betting. Yes, if you search over the net, you can find arbitrage opportunities but there are several drawbacks which the services don't mention.
The first is that you must have accounts in many betting companies and you cannot trust most of them. There aren't many trustworthy bookmakers which you can use for arbitrage purposes. If you want to follow an arbitrage service, you must have accounts on some exotic bookmakers.
Another drawback is the return. Ok, how much are you going on to earn average through arbitrage per bet ? Most bets give you 2% - 8% .Is that enough ? How are you going to finance the bet? Through moneybookers? There are limits on the amounts you can trasfer per month. Through Credit Card ? If the bookie doesn't charge you anything , the bank will.
It goes without saying, that you must bet big amounts in order to make money. This bring us to the next drawback, the bet-limit. What are the limits on the bookmakers? Are you going to have the same limits on every bookmaker? Many bookmakers have the tendeny to reduce limits if they track an unsual activity. Therefore are you sure you are going to take full advantage of an arbitrage service ?
If you think that you can overcome these obstacles, then how are you going to deal with the fact that arbitrage opportunities are fading very quickly ? You see, many services have more than two - three clients and many punters receive their notification at the same time. Who is going to take advantage of the opportunity first ? It goes without saying that you have to be online all the time, waiting for the notification.
When the bookmaker sees that bigs bets are being made on a certain selection, it will automatically reduce the odds. Furthermore, the first people who will take advantage of the arbitrage opportunity are the owners of the arbitrage services themselves!
As you can see, i gave you some reasons NOT to follow any arbitrage service. The default risk (to use an economical term) is greater than the alleged return.
I am sure you can find other reasons yourself.
Also stay away from companies which they offer you the option of investing your money and giving you a "guaranteed" profit for return using arbitrage methods. We are either talking about fraud services or money laundering. Most of them are just frauds, they give you the guaranteed return for a short period and they disappear with your money when you increase your investment.
Tuesday, 18 December 2007
Soccer Betting
Today, i found some spare time and i will state my opinon about the "Soccer Betting" e-book written by Peter Norum.
As the title states, this e-book deals with soccer. It includes several techniques (trading wise or not), predicting the match winner, some over/under bets, the wellknow "lay the draw" technique and a correct score system.
It's not a big e-book, actually is rather small, around 15 pages! The strategies are not well written and doesn't support his arguments with real life examples.
It's rather a basic e-book which can be a starting point for a newbie to get involved with bet trading and soccer punting but if i had to pay for it, i would feel a little bit stupid.
The writter used to have a website where he used to sell his e-book but now you can purchase it by sending him an e-mail at norumpeter@yahoo.com . The e-book costs 60 Euros !
An alternative way to get this e-book for free, is by recommending 5 friends of your to paid picks site, Elitetipsters (www.elitetipsters.com) .
VERDICT
Overall: 40%
Cost: 60 Euros or Free
Link: norumpeter@yahoo.com or www.elitetipsters.com
Friday, 7 December 2007
To Pay Or Not To Pay ?
That's a question that many punters make and i believe that the answer is quite simple. All you have to do is to create a decision tree and answer to some simple questions .
The questions you should address yourself are :
- Can i make money out of my own predictions ?
- Do i have enough time to search for informations and news ?
- Are my sources reliable ?
- Can i afford to be a member of a site which offers picks ?
- Are their results reliable ?
- Can i trust sites which offer tips for free ?
If you make a good living out of your own predictions or you have enough time to search the net for news, private information etc, then you don't need such a service.
On the other hand, if you don't have enough time or your predictions are not that good, then you should be very careful when choosing the right service .
I believe that 85% of the available services are fraud-sites which aim to take your money. They alter their results anyway they like while claiming extraordinary profits.
You also be very careful when you "follow" a site which offers free picks. They seem quite innocent but they are not. They also alter their results (if they have any) simply because good results bring more traffic which leads to an increase on affiliate sales (from bookmakers).
Sometimes these sites are being created by bookmakers (through other people) just to make bet on the wrong selection!
If you want to have some piece of mind that you "follow" an honest service (even if its free) , you should check whether or not this site is being monitored by at least one independent result verification service .
YOU SHOULD NOT TRUST A SITE WHICH IS NOT BEING MONITORED BY SUCH SERVICE.
A service which accepts to be monitored, means that they have genuine results, they are an honest site. In other words, what you see is what you get. Plain and simple.
There are a couple of independent result verification services. I recommend the following :
- Sports Tipsters (www.sports-tipsters.co.uk)
- Verifiedtipsters (www.verifiedtipsters.com)
- Verify Bet (www.verifybet.com)
Friday, 30 November 2007
Internet1X2
I was on a business to Europe and that's why i haven't for a while. Everything is back in order and you will see reviews far more often.
Today i will warn you for another bookmaker, INTERNET1X2
Description
Internet1X2 was established on January 2000 and is part of an international betting group operated by Superb Solutions Inc.
Variety of bets / Odds
Internet1X2 has a good variety of bets and their odds are not that bad. You can find most of the European soccer leagues and their bets include singles and multibets.
Deposit/Withdraw Options - Customer Services
Internet1X2 offers a variety of payment options like credit cards, moneybookers, neteller,Western Union, Click2pay etc.
If you run a search on google, you will see that Internet1X2 has a long history of slow payouts. Many users complained that they are unable to withdraw their money from that bookie. After many complaints and law-actions Internet1X2 finally started clearing outstanding debts .
Their customer service is really slow and always find a good excuse for it!
Overall, it's an average bookie, with a long history of extremely slow payout and problematic customer service. The situation has improved in the last 6 months but still there are problems. You won't find the extraordinary odds or bet variety, therefore it's better to keep away from them!
VERDICT
Overall: 30%
Cost: Free
Link: www.internet1x2.com
Wednesday, 31 October 2007
How To Profit From Bet-Trading
As i said the e-book is about bet-trading on the horse racing market. The e-book is divided into three (3) chapters (excluding introduction/conclusion). The first deals with the main characteristics of the horse racing market and defines some paremeters which you will have to "use" during the process of bet trading.
The second chapter analyzes two bet trading systems and tries to explain how you can combine them in order to take advantage of them and minimize their drawbacks. The third chapter deals with some exit strategies which you have to use from time to time.
The e-book is written by the guys behind Probettrader, which means that has the same quality as their other releases. It's well written and their view about the 2 bet trading systems is more scientific than other e-books which deal with the same strategies.
For sure you can earn an extra income following their strategies but have in mind that we are dealing with bet trading which mean that you have to put your own effort in order to succeed.
I have the english version but i know that there is also a greek version. With every purchase, you get a bonus e-book called "Introduction To Betfair" (you won't need it if you know how to use Betfair) plus 10% of the e-book cost on credits which you can use on their partner site Betattitude (www.betattitude.com) .
VERDICT
Overall: 80%
Cost: 100 Euros
Link: www.probettrader.com
Tuesday, 30 October 2007
EasyTrader Pro
The Easytrader Pro is actually a pack of e-books which contains:
* The Easytrader Pro Manual
* The W:O:M System
* Betfair Profits
* In-Play Profits
plus you can download "Live Profit Trading" videos
The Betfair Profits is simply an introductory e-book on Betfair and won't offer you anything.
The heart of the EasyTrader Pro packet is the Easytrader Pro Manual. The manual is divided into two parts, the first explaining the basics of Exchange trading while the second the easytrader system. The easytrader system is well defined and is based on trend analysis.
The W:O:M System is no other than the balance of money system (i.e. money available for backing vs money available for laying) . The writer tries to explain the problems of this system and how you can avoid them.
The In-Play Profits is a set of In-Play strategies which you can use during the race. You can also download some videos which explain the in-play strategies.
Overall, the EasyTrader Pro is a very good package. It deals with bet-trading, which means that you will have put your own effort in order to make money but the package provides a good guideline on how you can do it. I suggest that you use a combination of the Easytrader Pro Manual and W:O:M System.
VERDICT
Overall: 79%
Cost: 169 GBP (A much lower special offer is available for this week)
Link: www.easytraderpro.com
Wednesday, 24 October 2007
Betvortal.com (Paikths.gr)
This is time i am going to tell you my opinion about a sports directory called Betvortal or Paikths. Actually, Betvortal.com is the english version of Paikths.gr . On the english version of BetSiteReviewer (http://betsitereviewer.blogspot.com/) i am going to review the english version, while on the Greek version of BetSiteReviewer (http://betsitereviewer.pblogs.gr/) i am going to review the greek version of this sports directory.
The structure of Betvortal is simple (which is good) and the categories are well defined, from Betting Sites to weather and backgammon categories!
The thing that makes this sports directory different from others is that the owner of the directory reviews each of the site presented on his sports directory and gives them an appropriate score.
To conclude, on Betvortal you can find some quality links of betting sites and other betting related links. You should check it from time to time for new additions.
VERDICT
Overall: 80%
Cost: Free
Link: http://www.betvortal.com/
Thursday, 18 October 2007
Betsense
Description
Betsense is a UK based bookmaker which is synonymous to realibility. Is owned by Be-Emotions Ltd and their offices are placed in London-UK.
Variety Of Bets / Odds
They offer a fair variety of bets, european and US Sports. Their odds are average and their bets include singles, multibets and they also offer virtual matches. One feature which i haven't found in many bookies and you can find it here is the option to cancel a bet for a fee.
Deposit/Withdraw Option - Customer Services
Like any other UK based bookmaker, they offer a variety of deposit/withdraw options such as Credit Cards,Debit Card etc without charging any fees.
Seems a good bookie but the problems start when you want to withdraw money. There are many complains about slow payments and lack of customer service. When you finally manage to get in touch with them, they make some silly excuses for not sending the money.
I haven't betted on Betsense for quite a while due to the fact that it took me more than 40 days to withdraw 2.500 GBPs. I would skip that Bookmaker.
VERDICT
Overall: 49%
Cost: Free
Link: www.betsense.com
Monday, 15 October 2007
Protrade Live
The ProTrade Live is very easy to use and its information can be proved very valuable. The site was created by Mike Kerns and Jeff Ma both know for their investing activities.
As i mentioned earlier the ProTrade Live is easy to use and can help you find out each team's winning probability according to the course of the ballgame. For example you can find out what's the effect of a two-out double on the game and manage your bet/trading accordingly.
The algorithm used is based on how two teams behave depending on the score, league/stadium, home advantage, batting order, number of hits, momentum etc.
The results are very good and can help a lot on your decision whether to sell you bet or not or to decide which team is going to win (and adjust your stake accordingly).
I believe you should give it a try. Moreover you can try their main site (ProTrade) where you can buy and sell players like stocks!!!!!
VERDICT
Overall: 83%
Cost: Free
Link: http://live.protrade.com
Wednesday, 10 October 2007
WARNING: BetfairXPoker.com
Saturday, 6 October 2007
Socabet
Tuesday, 2 October 2007
E-Book Competition
The Layers Edge
Tuesday, 25 September 2007
Trading On Sports
Friday, 21 September 2007
How To Make money Using My Football Betting System
Thursday, 13 September 2007
Sure2profit Service
There are two kinds of membership, the PROs and the BANKs. If you register to one of these, you will receive his daily picks from the British Horse races. If you check his records, you will see that they are quite good and you will make constant profit day in - day out.
I've tested his service using 2 trials memberships. In the first i've made a small profit but on my second try, the results were almost catastrophic! Ofcourse, you can't make your conclusions from just two trials, but you make conclusions from the fact that the results were altered and presented profit each time !!!!!!
In other words, seems like a scamm site. If you surf into the net, you will find familiar views.
Right now, you can't register your membership because they have reached the maximum number of members but you can get a trial membership just by buying his software called Sure2profit Calculator PRO 1.8 .
Stay away.
VERDICT
Overall: 15%
Cost : 197 GBP / Month
Link : www.sure2profit.com
.
Sunday, 9 September 2007
Winning Secrets
Today, i am going to review an e-book called "Winning Secrets" which is being written by the owners of http://www.wackywagers.co.uk/ .
So what's all about ?
The "Winning Secrets" e-book can be a good starting point for you to start developing your own strategies. Don't expect to make money out of it. You may earn some money but i advise you to start looking for the "logic" behind these strategies, test them and create your own.
You can get "Winning Secrets" for free just by signing to their free e-zine.
Thursday, 9 August 2007
CBS's Sportsline
At Sportsline you can find everything you need about US Sports.
In particular you can find news, previews, stats and interesting articles for the following sports :
* NFL
* NBA
* MLB
* NHL
* College Football
* College Basketball
* Golf
* Auto Sports
* Tennis
* Horse Racing
* Other
The site is very informative and is highly recommended for anyone betting or interested on US Sports. Furthermore, there is a special Fantasy Games for the Fantasy Sports lovers. You can also interact with other US Sports fans on their forum, while there many other features, like a match predictor which can come very handy.
If you don't use this site, is about time to start using it.
Verdict
Overall : 88%
Cost : Free
Link : www.sportsline.com
Friday, 3 August 2007
X-Poker and Card Trader
X-POKER
========
The "X-Poker" e-book is their 4th (!!!!) e-book and is written by Panayiotis Chaidemenos and Jake Barry.
This e-book deals with the Betfair Exchange Games and in particular with Texas Hold Em.
There are 4+1 strategies to choose from, all backed with statistical evidence and a guide on how to double your investment in seven days!!! All this wrapped up in 50 pages.
The strategies are well defined with examples and you can use them, even if you don't have prior experience from Texas Hold Em, since there is a chapter which explains the rules.
The strategies will bring you the profit they promise and yes i do recommend this e-book . The only thing that i didn't like was their guide which will help you double your money since it's summed up quite quickly.
If you want an e-book about Betfair's Texas Hold-Em, then you should buy it.
The Card Trader
==============
The Card Trader is a service offered by Probettrader and in particular from the writer of their "X-Poker" ebook, Panayiotis Chaidemenos (he is Greek).
If someone doesn't have the proper time to read the e-book or doesn't want to learn to play Texas Hold Em, then he can let Card Trader do the trading for him !!!!
The Card Trader takes hold of his client Betfair account for about an hour and gives a profit between 30% and 50% .
The service is being around for more than 1 month and his results are quite impressive. A Friend of mine is being using the service for quite a while and is very satisfied. I've only had one session (1st August), invested 800 GBP and got around 35% return.
He has some losses (less than 10%) but in that case he offers free session to recover the loss.
I recommend that you'll give a try (a couple of sessions)
Verdict (X-Poker)
Overall : 77%
Price : 70 GBP
Link : www.probettrader.com
Verdict (The Card Trader)
Overall : 80%
Price : 20 Euros booking fee + 25% of profits
Link : www.probettrader.com/lang1/pg011.html
Thursday, 2 August 2007
The Betfair System
This time it's called "The Betfair System" and is written by Stephen Brookes.
So what's all about ?
Do you know the "Betfair Exchange Games" ?
Well, this e-book will give you some strategies to try and beat the Betfair's exchange games.
On this e-book, you can find 6 straegies for the following exchange games :
- Baccarat
- Texas Hold Em
- Blackjack
plus a 6-page staking plan.
His strategies based on observation with the help of the martinagle system and his staking plan. In other words, you observe the game until you find the appropriate conditions to bet.
On average, his strategies seems profitable but their risk is greater than their return.
It was the first e-book i've read about "Betfair Exchange Games" (there are others - better - to be reviewed in the future) and gave me the opportunity to practice my abilities on Betfair Exchange Games.
Verdict
Overall : 60%
Price : 39,95 GBP
Link : www.thebetfairsystem.com
Tuesday, 31 July 2007
How To Become A Professional Betting Exchange Trader (E-Book)
This e-book is called "How To Become A Professional Betting Exchange Trader" and is written by David J. Walton.
On this e-book, you can find trading techniques about Horse Racing, Soccer, Cricket, Golf and Rugby League and Union. The strategies include Two-Way Trading, External Trading, Ramping and Low-Risk trading, all wrapped in 50 pages.
I was quite dissapointed with the level of information found in the e-book. It's on a very basic level and doesn't tell you much about bet-trading techniques which you can use. It tells you what to do if a particular event happens and nothing more.
If you are a newbie in bet-trading, then this e-book can help you understand the basics but do you have to pay 115 GBP for that ? NO.
You can find better e-books in the market, some for free.
If you have some experience on bet-trading, then better avoid this e-book. It won't add anything.
As for his site, i will review it in the future.
Verdict:
Overall : 50%
Cost : 115 GBP
Link : www.betexchangetraders.com