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Does anyone here have any experience with making significant money from betting?
I've tried match betting but that only works when you can get free bets, which tends to only occur as you sign up for an account, so any profits are temporary.
I've also tried arbitrage betting, which is similar but doesn't rely on free bets to make a risk free profit. This is rather unsuccessful because most arbitrage opportunities only exist for a few minutes at best, and the profit margin is usually less than 1%. This is fine once you amass enough capital for .5-1% to be a significant amount of money, but even then there is usually not enough money available to lay on the exchange, so this limits your total profits quite significantly.
These past two nights I've been applying the Kelly Formula to the NBA, by taking the percentage win chance on FiveThirtyEight as the true probability and taking the odds from an Irish bookmaker, Paddy Power. Last night I made slightly over €30 on a €100 bankroll and just under €115 total investment. Tonight I'm down about €13 but if Oklahoma win I will be up approximately €7. Has anyone had success with Kelly Betting or with the predictions of FiveThirtyEight for the NBA or other sports leagues?
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>>74413663
i am a pro gambler AMA
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>>74416359
for those who like free money
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>>74416373
#ON
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How do you get a Bet 3.65 account to keep letting you bet? Are you sure you don't do your arse constantly?
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>>74416359
>bets at 1.12.
https://www.problemgambling.ca/EN/WebSiteLinks/Pages/CanadianResources.aspx
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>Does anyone here have any experience with making significant money from betting?
become a bookie
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What the fuck happened to /bet/ anyway?
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>>74416373
>>74416390
>they think Ferguson will defeat Khabib
Casuals.
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>>74417463
i miss bet
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>>74417463
No one created a new thread before the old one expired
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>>74416373
Thompson might get blacked though and Kebab will just wrastle fuck t.ferg
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Anyone got a discord invite.
Got a new phone and lost my previous access
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>>74416359
Le Cashout King strikes again
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>>74417743
What was your username?
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£R on suicide watch
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Bet revival NOW. I am the resident tennis boxing golf and TV tipster.
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>>74417875
Can we keep this a Juve free zone too?
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>>74417789
>nbo
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>>74417931
https://discord.gg/QTe4z
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>>74417941
Already back cheers
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>>74416359
>>74416373
>so desperate for attention he posts without his tripcode
Kill yourself, metaknight.
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>>74413663
>Does anyone here have any experience with making significant money from betting?
Yes. This simple three step process.
1. Become a bookie.
2. ???
3. Profit
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If there was a guaranteed way to become rich though betting there'd be a lot more sad old millionaires in the world
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>>74418233
But I'm a mainstream judge
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>>74416373
One of those is almost guaranteed to lose. Probably Hunto landing on Roidreems glass chin.
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Never bet on black in aquatic sports. They are very poor swimmers.
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>>74416983
what's wrong with betting on a 1.11 odd when in reality it's 1.0001?
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>>74418233
Put people on a bell curve, the middle represents blind betters. People who bet on DUDE KNICKS ARE THE GREATEST TEAM PHILLY IS TRASH type. Blinded by their affiliation to a club or DUDE WARRIORS ALWAYS WIN FREE MONEY, despite not seeing the warriors are playing their third straight road game in as many nights and Raptors two nights off.
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