[Allybag]

I am a professional automated sports gambler, and I win basically every day, and the handful of losing days I have per quarter are significantly smaller than the average daily win.

If you place enough bets (I make about 15k bets each day that are matched) that have a positive expected value your chances of a losing day become pretty low.

For example, I had a losing day on Christmas Day, but was only able to place about 500 bets as it was such a big holiday that there were almost no events.

[wodenokoto]

How do you place so many? When you read about small fish manually betting on sports sites they get kicked off when winning too much.

[Allybag]

It’s automated, I bet on a betting exchange which has an API, so the bets get placed without any input from me.

As it’s a betting exchange they don’t care if you win or lose as you aren’t winning money from them, but they start to take steeper cuts of your profits if you’re a regular winner above some threshold that a random punter is very unlikely to hit.

[anoncow]

Teach me your ways.

[le-mark]

These guys never talk about the details. Either they’re LARPing or there’s something to it. “Betting exchange” is your clue. I’ve followed this thread before. Apparently the exchanges are mostly in Asia and allow people to buy and sell bets. So presumably this person is placing bets well before the date the event occurs and using them to arbitrage the result as the event nears. This is due to line movement up to the event. To participate in this you have to use btc/crypto and risk being ripped off with no legal recourse. Also presumably there’s a system around what bet to place when. They never talk about that.

[Someone]

I don’t know their ways, but I expect there’s a lot of emotion in sports betting that can be exploited (bookmakers will not purely optimize for expected profit, but also want lower variance in their profits). If so, betting against clubs in rich countries where betting is popular is the better option.

Whether it beats the bookmaker’s margin I wouldn’t know.

[FergusArgyll]

Always bet against the Jets

You're welcome

[MaxikCZ]

And me please, ill give you some portion of my profits :P

[sourcepluck]

Betfair, or somewhere else, if I may ask?

[Allybag]

Yep, atm exclusively on Betfair but trying to expand.