A system to beat roulette machines in the bookies

southernscouser

Biggles wrote: »

I've tried arbitrage and matched betting. It works fine till you get known for it and then you risk the second bookie pulling the price by the time you've placed the first bet (and they will, as they hate arb'ers and matched bettors with a vengeance). And, as you have to deal in large numbers to make any real money, then you are in a huge risk situation.

Only to be tried by those who really know what they're doing and the risks involved.

Eh?

If you follow the rules then you should always back before you lay. The second bookie that you speak of is a betting exchange, ie Betfair. Not another bookie. Betfair couldn't care less what you wager as the more you wager the more they make. In fact for their top customers they even have personal account managers.

As for getting 'known for it'. Yes some bookies do limit you to how much you can wager but this doesn't make it risky. Just frustrating.

No offence but I get the impression you don't really know what you are talking about either!

James240

Biggles wrote: »

I've tried arbitrage and matched betting. It works fine till you get known for it and then you risk the second bookie pulling the price by the time you've placed the first bet (and they will, as they hate arb'ers and matched bettors with a vengeance). And, as you have to deal in large numbers to make any real money, then you are in a huge risk situation.

Only to be tried by those who really know what they're doing and the risks involved.

eh?

there is no huge risk situation with matched betting

Follow the rules and stick to them then nothing goes wrong and u earn money whats huge risk with that?

p1an0player

There are small risks with matched betting:

- execution risk; you can back the wrong team/horse for example
- unfavourable rule differences
- risk of the bet being palped
- bookie going bust
- bookie not allowing you to withdraw funds

But these are rare, and in the long run you should make money.

southernscouser

- execution risk; you can back the wrong team/horse for example (human error)
- unfavourable rule differences (human error)
- risk of the bet being palped (follow the rule - if it seems too good to be true.....)
- bookie going bust (highly unlikely but always check how they are rated)
- bookie not allowing you to withdraw funds (see above)

But these are rare, and in the long run you should make money.

Exactly. Stick to the rules and you WILL make money!

p1an0player

Rule differences can't be completely avoided.
Even football has them, it's not really "human error" to accept the slight risk that a rule difference involves.

southernscouser

p1an0player wrote: »

Rule differences can't be completely avoided.
Even football has them, it's not really "human error" to accept the slight risk that a rule difference involves.

If in any doubt check the rules for each bookie. If they differ to Betfair then don't bet on that market.

Inx

Thanks for all the replies guys, its very interesting to see people opinions on this.

p1an0player

southernscouser wrote: »

If in any doubt check the rules for each bookie. If they differ to Betfair then don't bet on that market.

There was a Denmark match recently that was abandoned. Ladbrokes voided most bets as did Betfair, but some markets involving half-time result/score were settled by Ladbrokes but voided by Betfair.

My point is that football is the safest sport in terms of rule differences, and Ladbrokes is one of most reputable bookies. Yet still the rules/interpretation of the rules differed slightly.

It's not realistic for matched bettors to get into the minutiae of the rules for every bookie, most people just accept (and should be aware of) a tiny risk in this respect.

p1an0player

Inx wrote: »

Thanks for all the replies guys, its very interesting to see people opinions on this.

It's a fact not an opinion that the ebay gambling systems are worthless

Inx

Well this site definataly does what's said on the label... thanks