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.
Thursday, 27 December 2007
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
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 :
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
Hello,
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
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
Another e-book concerning bet trading on the horse racing market. The "How To Profit From Bet-Trading" e-book comes from Probettrader (www.probettrader.com).
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
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
Today i am going to review an e-book about bet trading on horse racing which is called 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
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)
Hello friends,
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/
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/
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