Thread: Arbitrage in Sports betting - TAX FREE IN CANADA

When it comes to Sports Betting, you are always taking a risk, or are you? Just like there is a point spread on games, when buying gold and silver, stocks bonds or anything else of that nature, there is a point spread between bookmakers. Yes, bookmakers are leagal in various areas of the planet. The UK for one.

Take 2 bookmakers and see what odds they are offering for an event. If there are different odds (i.e. one is 20:1 and the other is offering 19.5:1 odds) There is .5% spread between the bookies. Here is where the profit is. AND it is guaranteed by a special mathematical formula.

Arbitrage bets on the underdog with one bookie and the favorite with the other. Relying on the spread for the profits, either way the match goes, we win. Not huge amounts, but enough to make it worth while for an ongoing increase plan.

One other thing about betting - CANADIANS - VERY IMPORTANT -

ALL WINNINGS FROM THESE SPORTS BETTING PROGRAMS (ALL GAMBLING FOR THAT MATTER) IS 100% TAX FREE FOR CANADIANS. YES YOU DO NOT OWE ANY TAXES IN CANADA FOR ANY MONIES GAINED THROUGH GAMBLING.

Here are two sites I use and have been paying like clockwork. On time, every time.

6% a week - every week.
http://goldnuggetinvest.com/?ref=2705

50% of daily profits:
http://sportarbs.com?ref=1100

Abundance to all
PB

Goldnuggetinvest SCAM-DO NOT INVEST!!!!
Major scam site Goldnuggetinvest.com still operates and takes money, no payments and no answers from this one. I lost $ 1450. total scammers,a ponzi scam boasting 6% a week tax free profits,scam millions and needs to shut down by interpole. Obviously there is no trading going on as sportsbooks only deal with indervidual account holders and not companys.Arbitrage is possible of cause but no one is going give profits to a 3rd party after doing the work.They could just go to any bank with there 4 years worth of records showing 365% per year compounding and get a loan for any amount and keep the profits themselves of cause.Dont give them a cent as this is how they win by taking peoples $50 notes.A very basic ponzi with thousands of poor stupid people scammed like me and my wife.Complete and utter thieves and scammers of the worst kind.
GerryhornsyAustralia
http://www.scam.com/showthread.php?t=118235

http://www.ripoffreport.com/reports/0/438/RipOff0438515.htm

Don't get it - why would these companies offer this when they could invest it all themselves and get 100%? Dodgy!!!