So im sitting here drinking my coffee getting ready for the trading day and i receive an email recommending this software called 100% Winners that came out today for the first time, i click on the link and straight away i think "here we go again not another BS sales letter crap site" and just about to click out of it but i got reading and it started to make sense what they're talking about,
now im a hardened skeptic from way back and i like to think my BS filter is highly tuned but this got my attention, ive never heard of "sports arbitrage" before, ive engaged in arbitrage in stocks and know the benefits of this strategy there, but this is totally new to me,
the theory goes as this; basically the software hooks into all the online bookmakers from around the world(which is good because we can't place sports bets in the US) and finds arbitrage opportunities(arbs) where 2 bookies have mis-aligned odds,
for eg...lets say there is a tennis match Federer vs Nadal and 1 bookie in Europe is showing Federer to win at $2.10 and another bookie in Australia is showing Nadal to win at $2.15, you would place bets for both players to win at each bookie and regardless of the end score you come out with a profit. The software shows you all the arbs from around the world at any given time. Sounds too good to be true, right?
I would like to know if any traders here have engaged in sports arbitrage?
is it really viable? will the bookmakers close your a/c down if you win all the time?
also has anyone got this 100% winners software? feedback?
i know it comes with a 60 day money back guarantee but before i buy it I want to know if sports arbitrage is a real money maker? as i don't want to waste my precious time, although i like the thought of sitting in my lazy boy watching the game and making bank does sound fun.
edit; left out the link, here is what im referring to
www.100percentwinners.com
now im a hardened skeptic from way back and i like to think my BS filter is highly tuned but this got my attention, ive never heard of "sports arbitrage" before, ive engaged in arbitrage in stocks and know the benefits of this strategy there, but this is totally new to me,
the theory goes as this; basically the software hooks into all the online bookmakers from around the world(which is good because we can't place sports bets in the US) and finds arbitrage opportunities(arbs) where 2 bookies have mis-aligned odds,
for eg...lets say there is a tennis match Federer vs Nadal and 1 bookie in Europe is showing Federer to win at $2.10 and another bookie in Australia is showing Nadal to win at $2.15, you would place bets for both players to win at each bookie and regardless of the end score you come out with a profit. The software shows you all the arbs from around the world at any given time. Sounds too good to be true, right?
I would like to know if any traders here have engaged in sports arbitrage?
is it really viable? will the bookmakers close your a/c down if you win all the time?
also has anyone got this 100% winners software? feedback?
i know it comes with a 60 day money back guarantee but before i buy it I want to know if sports arbitrage is a real money maker? as i don't want to waste my precious time, although i like the thought of sitting in my lazy boy watching the game and making bank does sound fun.
edit; left out the link, here is what im referring to
www.100percentwinners.com