Sports Arbitrage Software - Scam or Opportunity?

Peter_Lewis

I have received mail from GlobalSoft Technologies offering me the chance to buy software that will give me daily opportunities to make "guaranteed" profits on Sports Arbitrage Betting. The software costs around £5000!, but they say that by starting with £1000 and taking arbitrage bets each day at 1% profit will produce £42000 in a year.
Is this a scam, or too good to miss? Has anyone heard of them/had any experience of the company/software? What would you advise?
Thanks for your input...

Jonbvn

Too good to be true SCAM!

never_red_Paul

are you already familiar with arbitrage betting? If not have a look at the gambling introductory offers board. Arbitrage gambling is profitable but there are significant pitfalls (limits and palpable errors), and I suspect that Jonbvn is quite right, this will be a scam.

dipsomaniac

scam - all of the information is available free of charge. you just need the brain, time, organisation skills to make it work.

Ian_W

dipsomaniac wrote: »

you just need the brain, time, organisation skills to make it work.

Not for me then!! :rotfl::rotfl::rotfl:

oldfella

well they could keep all the benefits to themselves, but being generous have decided to offer it for £5K

what do you think ?

Konakikapu

I have also been receiving telephone calls with a very persuasive Irish chap who sent me an e-mail with url's so i can investigate this "opportunity". I had a look and found this company to be registered in UK and Ireland companies house and i have posted these url's below.... this Irish chap has phoned me every day and is trying to put pressure on me saying that this offer wont be open for long to me...i defo think its a scam of some sort otherwise every tom and !!!!!! betting shop would be bust by now...!!!!

http://www.globalsofttechnologies.com/
http://www.cro.ie/ (irish companies government website)
http://www.companieshouse.gov.uk/ (uk companies website) http://www.wikipedia.org/wiki/arbitrage_betting (some info)

If anyone fancies looking and checking this out we can either expose them or cry for not taking it up.....

brownbabygirl

If it's too good to be true..........!

jessicamb

Its a scam.

There is money to be made from sports arbing and 1% of the total stake per transaction isn't unrealistic with a lot of work - but asking £5k for the software is very unreasonable. Screen scrapers are available at a fraction of that price.

Also the capacity for error (especially if you dont know what you are doing) is high - and it is very easy to wipe out a couple of months profits with a simple mistake.

If that area interests you start with matched betting (details on the gambling offers board) and build up some capital/get some experience.

Aegis

Even at the best of times, arbing software will alert so many people right away when an arb is found that by the time you get to it, it'll have rebalanced and will be worthless.

You're far better off just watching the horses every day for yourself!

munk

Konakikapu wrote: »

I have also been receiving telephone calls with a very persuasive Irish chap who sent me an e-mail with url's so i can investigate this "opportunity". I had a look and found this company to be registered in UK and Ireland companies house and i have posted these url's below.... this Irish chap has phoned me every day and is trying to put pressure on me saying that this offer wont be open for long to me...i defo think its a scam of some sort otherwise every tom and !!!!!! betting shop would be bust by now...!!!!

http://www.globalsofttechnologies.com/
http://www.cro.ie/ (irish companies government website)
http://www.companieshouse.gov.uk/ (uk companies website) http://www.wikipedia.org/wiki/arbitrage_betting (some info)

If anyone fancies looking and checking this out we can either expose them or cry for not taking it up.....

I would sign up at the telephone preference service if you don't want more of these calls: http://www.tpsonline.org.uk/tps/ Having said that if they're properly dodgy then they probably won't take any notice of the tps status