Thursday 27 December 2007

Arbitrage Services

Hello and merry christmas,

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

Hello there,

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 ?

To Pay or not to pay for a pick/service ?

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 :