I know you have heard this before with someone claiming they found the next big thing, but stick with me for a second.
This method is all about taking advantage of the odds being off on online betting platforms, especially in greyhound racing.
There are live YouTube streams showing the races, along with their live odds. Sometimes, greyhounds on these streams are at even odds, which is more reliable as they have better info about the dogs. However, some online bookmakers list these greyhounds at much higher odds like 10 to 1 or better. You can benefit from this mismatch.
Basically, the odds on gambling sites are often too high for some dogs.
What method do you use to find the more realistic odds? How can you spot these arbitrage chances before the races if you don’t know much about each greyhound?
If you back me to get started, I’ll follow your method and promise to give you all your money back with 200 percent returns first year, then 10 percent the next year and 5 percent the year after on my earnings.
Lex said: @Montana
Why would anyone invest in you when they could just do it themselves?
It was just a joke because the person who posted is talking about betting in a passive income forum. You’d think someone called “TripleDoubleFart” would get the troll response.
Usually, betting posts here involve share referral links for quick cash rather than a solid income strategy.
But if I were serious, it’s like any investment situation. Wealthy people often invest in others to avoid groundwork while still getting a return.
Whit said: @Montana
So, he just lends you money with a 200 percent return? I’d be interested in that.
But I’m following your or his betting plan. If it fails and the money is lost, I’m not responsible. But if it works, I’ll invest my time into betting to recover it. The lack of responsibility is key!
Fixing your title for you… It wasn’t value betting, you won 4k last month… if you really did. It sounds more like you got lucky than cracking some code. Those YouTube streams don’t have better odds than the bookies.
@GraniteHoldings2
Wow, you really don’t understand probabilities, which is okay, but don’t put down someone who does.
A value bet is when the odds are longer than the chance of that event happening. Lots of info out there, but picture a slightly weighted coin. It might land on heads more times than tails if you flip it many times. The small sample size here doesn’t reflect that.
In the long run, both expected value and profit will show growth. Zoom in and you’ll see ups and downs, but looking back at all flips, it clearly trends up!
@Blaine
That’s quite a lot of talk. I understand expected value and value betting, trust me. What I mean is that OP isn’t finding some accurate arbitrage here. Betting companies run tight ships, and OP seems to be doing the classic ‘DM me for more info!’ routine, which usually leads to referral links and personal kickbacks.