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Can I earn on tennis betting?

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  • I suspect that the guys at ohmybet will not honour their promises. Maybe I am wrong!
    Perhaps I should try. A bit expensive though I fear.
  • lovinituk
    lovinituk Posts: 5,711 Forumite
    1,000 Posts Combo Breaker
    What I want is some algorithmic system that picks probable winners with high odds (thus deemed losers by bookies).
    Here you go - I'll sell it to you for £500...

    moonlight.jpg
  • spadoosh
    spadoosh Posts: 8,732 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    :rotfl:
    You shold have contacted me before selling your magic machine))
    My point is - can computer be better at prediction than human tipsters if it's all about analyzing huge amounts of data? If yes, maybe someone has made a working computer system like this that is more accurate than humans? if yes, maybe they sell their tips?
    :T

    A computer can be more accurate than humans. But a human can spot a horse that struggled to finish first in the last race, a computer can not.

    The problem is that your trying to make something statistical that isnt. Sports by their very nature are supposed to be somewhat unpredictable, otherwise people would just watch corrie. Betting on those sports will always incur risk no matter what form guide you look at.

    You are asking the impossible.

    Ive got a surefire way to make sure you dont lose money on the tennis and ill do one better than those guys wanting money off you and offer it for free. To not lose money on tennis, listen carefully, dont bet money...... <mic>
  • I have tried to create AI predictive system by myself, at first for soccer then for tennis. But actually Iam not a professional developer and I have stucked with implementation (I was writing using C++) and stopped. But actually I have read professional mathematicians reviews (Stanford University), and it's possible to earn.
    Im not sure about ohmybet.com and other, but actually you can try;)
  • edinburgher
    edinburgher Posts: 13,888 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The fact that you have mentioned one site 3 times leads me to believe that you are just posting advertising spam.
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    Look at it as a black box system -

    I create a tip list/algorithm that regularly beats the bookies
    Bookies note that I bet heavily on certain odds
    Bookies shorten those odds to balance their book
    Repeat

    There's no 'edge' in the long term
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Thanks.
    The reason I put it here is that the most betting system websites I've looked through so far (ohmybet.com, toptennistips and so on) present themselves as investment or second income services.
    Has anyone managed to really earn something out of them?

    Yes they have.

    Those people are called bookmakers.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • masonic
    masonic Posts: 27,356 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The fact that you have mentioned one site 3 times leads me to believe that you are just posting advertising spam.
    Yes, and it is usually to the site's detriment because the website's brand then gets closely associated with words like scam and bargepole in the Google search results. I'm sure ohmybet.com would not appreciate being associated with words like scam, or claims from people that they wouldn't touch it with a bargepole.

    Of course, if any system for correctly predicting betting outcomes existed, the person discovering it would use it to get rich themselves and would not bother creating a pretty website, creating a product they can sell and then doing all that marketing work. Why do that if you can create cash for yourself at will? If they are trying to sell it to others, that's pretty much proof that it doesn't work and the only way money can be made from the system is flogging it to naive people.
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    You should try to invent rigged tennis balls.

    Probably something that has eccentric gravity on demand,
    so the ball goes off line when you play it. Keeps normal centre of gravity until you hit a remote control button, built-into your shoe, perhaps.
  • verybigchris
    verybigchris Posts: 630 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I made some easy money from tennis betting a few years ago. I wrote a computer program that scraped prices from Oddchecker to find arbitrage opportunities (i.e. where you can bet on both players at different bookmakers and be guaranteed a profit).

    The margins were small (usually < 2% per bet) but it adds up pretty quick, especially if you combine it with special offers and sign-up bonuses. Eventually the big firms either banned me or limited my stakes by so much that it wasn't worthwhile anymore.

    There's more info on the Matched Betting board, but read all the warnings first - it's really easy to make a tiny mistake and lose a lot of money.
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