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    All Forums | Systems & Strategies

    Matchbook, Is it possible?

    tbRays
    crashmaniac
    Tomspeople
    STEVEPERRY
    professorkopak
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    tbRays
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    Posted: Oct. 12, 2008 - 2:10 PM ET #1

    I was trying to find information on the marketmaker function for Matchbook, but couldn't really find that much info. Is it possible to play both sides of the game and actually make money?
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    To remove first post, remove entire topic.
    I was trying to find information on the marketmaker function for Matchbook, but couldn't really find that much info. Is it possible to play both sides of the game and actually make money?
     
    crashmaniac
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    Posted: Oct. 12, 2008 - 2:52 PM ET #2

    yes its possible
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    yes its possible
     
    Tomspeople
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    Posted: Oct. 12, 2008 - 5:29 PM ET #3

    yeah it's called arbitrage, here's Wikipedia's article on it

    https://en.wikipedia.org/wiki/Arbitrage_betting
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    yeah it's called arbitrage, here's Wikipedia's article on it

    https://en.wikipedia.org/wiki/Arbitrage_betting
     
    tbRays
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    Posted: Oct. 13, 2008 - 1:18 PM ET #4

    i am familiar with arbs, just wondering if its possible to make money with the numbers offered by other players and the commission taken on winnings.
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    i am familiar with arbs, just wondering if its possible to make money with the numbers offered by other players and the commission taken on winnings.
     
    STEVEPERRY
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    Posted: Oct. 22, 2008 - 12:11 AM ET #5

    It is just small amounts...
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    It is just small amounts...
     
    professorkopak
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    Posted: Oct. 22, 2008 - 11:48 AM ET #6

     IT IS THE EASIEST WAY TO MAKE MONEY IF YOU KNOW WHAT YOU ARE DOING. YESTERDAY WHEN OHIO U PLAYED TEMPLE(MATCHBOOK ODDS-3 1/2) OHIO U WAS AHEAD 10 -0. EARLY ON YOU COULD GET +120. LETS SAY YOU PLAYED $50 ON THEM TO WIN $60. TEMPLE ODDS WERE A WHOOPING +1000 GOING INTO THE 4th QUARTER. BY BETTING  $40 YOU WOULD MAKE $400- THE $50 ON OHIO YOU HAD.PROFIT WOULD HAVE BEEN$350.  IF O.U WINS YOU  MADE  $60-$40 YOU PLAYED ON TEMPLE.YOU MAKE $20. NO MATTER WHO WINS YOU MAKE MONEY. IT SO HAPPENED TEMPLE SCORED LATE TO WIN 14-10. YOU MAKE A WHOOPING PROFIT MARGIN. HEDGING IS THE KEY. YOU CAN LOSE DOING THIS IF THE FIRST TEAM  YOU PLAY LOSES IN A RUNAWAY. HOWEVER DURING A CYCLE OF 10 GAMES A SHARP PLAYER WILL DOUBLE HIS MONEY. HE WILL COLLECT BIB ON AVERAGE TWICE. MAKE A NICE PROFIT 4 TIMES AND A LITTLE PROFIT 4 TIMES AND LOSE HIS INITIAL BET TWICE. KEEP IN MIND YOU ARE NEVER RISKING MORE THAN THE INITAL BET BECAUSE WHEN YOU HAVE THE OPPORTUNITY TO HEDGE YOU MUST MAKE A PROFIT NO MATTER WHO WINS!!!!!
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     IT IS THE EASIEST WAY TO MAKE MONEY IF YOU KNOW WHAT YOU ARE DOING. YESTERDAY WHEN OHIO U PLAYED TEMPLE(MATCHBOOK ODDS-3 1/2) OHIO U WAS AHEAD 10 -0. EARLY ON YOU COULD GET +120. LETS SAY YOU PLAYED $50 ON THEM TO WIN $60. TEMPLE ODDS WERE A WHOOPING +1000 GOING INTO THE 4th QUARTER. BY BETTING  $40 YOU WOULD MAKE $400- THE $50 ON OHIO YOU HAD.PROFIT WOULD HAVE BEEN$350.  IF O.U WINS YOU  MADE  $60-$40 YOU PLAYED ON TEMPLE.YOU MAKE $20. NO MATTER WHO WINS YOU MAKE MONEY. IT SO HAPPENED TEMPLE SCORED LATE TO WIN 14-10. YOU MAKE A WHOOPING PROFIT MARGIN. HEDGING IS THE KEY. YOU CAN LOSE DOING THIS IF THE FIRST TEAM  YOU PLAY LOSES IN A RUNAWAY. HOWEVER DURING A CYCLE OF 10 GAMES A SHARP PLAYER WILL DOUBLE HIS MONEY. HE WILL COLLECT BIB ON AVERAGE TWICE. MAKE A NICE PROFIT 4 TIMES AND A LITTLE PROFIT 4 TIMES AND LOSE HIS INITIAL BET TWICE. KEEP IN MIND YOU ARE NEVER RISKING MORE THAN THE INITAL BET BECAUSE WHEN YOU HAVE THE OPPORTUNITY TO HEDGE YOU MUST MAKE A PROFIT NO MATTER WHO WINS!!!!!
     
    NFLNightmares
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    Posted: Oct. 22, 2008 - 12:10 PM ET #7

    Quote Originally Posted by tbRays:

    i am familiar with arbs, just wondering if its possible to make money with the numbers offered by other players and the commission taken on winnings.


    99% of the time the guaranteed profit only applies when your team gets a lead in the game you wagered. If you are losing or before the game arbitrage does not apply in your favor.
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    Quote Originally Posted by tbRays:

    i am familiar with arbs, just wondering if its possible to make money with the numbers offered by other players and the commission taken on winnings.


    99% of the time the guaranteed profit only applies when your team gets a lead in the game you wagered. If you are losing or before the game arbitrage does not apply in your favor.
     
    professorkopak
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    Posted: Oct. 24, 2008 - 2:13 PM ET #8

     YESTERDAY OFFERED AN AMAZING OPPORTUNITY FOR LIVE BETTING. WEST VIRG WAS AT - 3 1/2  AGAINST AUBURN. AUBURN HAS A HABIT THIS YEAR OF GETTING  10 TO 14 POINT LEADS AND THEN BLOWING THEM.I F ALL GOS WELL WEST VIRG COULD BE  A GOOD PLAY. AUBURN COOPERATED AND GOT A 17-3 LEAD. AT THIS POINT W VIRG WAS AT A WHOOPING +460. $100 GETS YOU $560 OR A $460 PROFIT IF THEY COVER. AS THE GAME PROGRESSED WEST VIRG TIED AUB AND THE ODDS WERE -150 ON AUBURN. BY PLAYING  $150 ON AUBURN YOU COULD NOT LOSE!! IF AUBURN WINS YOU BREAK EVEN , IF W VIRG WINS YOU GET $460-$150 OR A $310 PROFIT. PLAYS OCCUR OFTEN ON LIVE BETTING. THERE ARE 4 OR 5 TECHNIQUES THAT CAN BE USED .THIS IS ONE OF THEM.
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     YESTERDAY OFFERED AN AMAZING OPPORTUNITY FOR LIVE BETTING. WEST VIRG WAS AT - 3 1/2  AGAINST AUBURN. AUBURN HAS A HABIT THIS YEAR OF GETTING  10 TO 14 POINT LEADS AND THEN BLOWING THEM.I F ALL GOS WELL WEST VIRG COULD BE  A GOOD PLAY. AUBURN COOPERATED AND GOT A 17-3 LEAD. AT THIS POINT W VIRG WAS AT A WHOOPING +460. $100 GETS YOU $560 OR A $460 PROFIT IF THEY COVER. AS THE GAME PROGRESSED WEST VIRG TIED AUB AND THE ODDS WERE -150 ON AUBURN. BY PLAYING  $150 ON AUBURN YOU COULD NOT LOSE!! IF AUBURN WINS YOU BREAK EVEN , IF W VIRG WINS YOU GET $460-$150 OR A $310 PROFIT. PLAYS OCCUR OFTEN ON LIVE BETTING. THERE ARE 4 OR 5 TECHNIQUES THAT CAN BE USED .THIS IS ONE OF THEM.
     
    tbRays
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    Posted: Oct. 24, 2008 - 4:40 PM ET #9

    Quote Originally Posted by professorkopak:

     YESTERDAY OFFERED AN AMAZING OPPORTUNITY FOR LIVE BETTING. WEST VIRG WAS AT - 3 1/2  AGAINST AUBURN. AUBURN HAS A HABIT THIS YEAR OF GETTING  10 TO 14 POINT LEADS AND THEN BLOWING THEM.I F ALL GOS WELL WEST VIRG COULD BE  A GOOD PLAY. AUBURN COOPERATED AND GOT A 17-3 LEAD. AT THIS POINT W VIRG WAS AT A WHOOPING +460. $100 GETS YOU $560 OR A $460 PROFIT IF THEY COVER. AS THE GAME PROGRESSED WEST VIRG TIED AUB AND THE ODDS WERE -150 ON AUBURN. BY PLAYING  $150 ON AUBURN YOU COULD NOT LOSE!! IF AUBURN WINS YOU BREAK EVEN , IF W VIRG WINS YOU GET $460-$150 OR A $310 PROFIT. PLAYS OCCUR OFTEN ON LIVE BETTING. THERE ARE 4 OR 5 TECHNIQUES THAT CAN BE USED .THIS IS ONE OF THEM.


    do you know of any reading material on live betting?
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    Quote Originally Posted by professorkopak:

     YESTERDAY OFFERED AN AMAZING OPPORTUNITY FOR LIVE BETTING. WEST VIRG WAS AT - 3 1/2  AGAINST AUBURN. AUBURN HAS A HABIT THIS YEAR OF GETTING  10 TO 14 POINT LEADS AND THEN BLOWING THEM.I F ALL GOS WELL WEST VIRG COULD BE  A GOOD PLAY. AUBURN COOPERATED AND GOT A 17-3 LEAD. AT THIS POINT W VIRG WAS AT A WHOOPING +460. $100 GETS YOU $560 OR A $460 PROFIT IF THEY COVER. AS THE GAME PROGRESSED WEST VIRG TIED AUB AND THE ODDS WERE -150 ON AUBURN. BY PLAYING  $150 ON AUBURN YOU COULD NOT LOSE!! IF AUBURN WINS YOU BREAK EVEN , IF W VIRG WINS YOU GET $460-$150 OR A $310 PROFIT. PLAYS OCCUR OFTEN ON LIVE BETTING. THERE ARE 4 OR 5 TECHNIQUES THAT CAN BE USED .THIS IS ONE OF THEM.


    do you know of any reading material on live betting?
     
    PatrickBateman
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    Posted: Nov. 2, 2008 - 1:47 AM ET #10

    Professor,
     
    How do you go about picking which games to live bet? As I look into this more and more, I have noticed that there are a number of games that go back and for as far as odds go.  However, I have also noticed that there are even more in which one team remains +money thoughout the game...This obviously is not good for live betting in the manner you suggest....
     
    So my question I guess is how do you filter out games to play and those to leave alone? Is it better to play higher spread games or those that are lower? What is your criteria?
     
    Also, which sport do you find to be the most profitable? Seems to me Basketball might be since it has a lot mor back and forth action than Football.
     
    Thanks and keep up the good work
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    Professor,
     
    How do you go about picking which games to live bet? As I look into this more and more, I have noticed that there are a number of games that go back and for as far as odds go.  However, I have also noticed that there are even more in which one team remains +money thoughout the game...This obviously is not good for live betting in the manner you suggest....
     
    So my question I guess is how do you filter out games to play and those to leave alone? Is it better to play higher spread games or those that are lower? What is your criteria?
     
    Also, which sport do you find to be the most profitable? Seems to me Basketball might be since it has a lot mor back and forth action than Football.
     
    Thanks and keep up the good work
     
    PatrickBateman
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    Posted: Nov. 2, 2008 - 1:54 AM ET #11

    Also, do you find it is better to jump on favorable odds early on or to wait and see what kind of value you can get to maximize your profit?
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    Also, do you find it is better to jump on favorable odds early on or to wait and see what kind of value you can get to maximize your profit?
     
     
    professorkopak
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    Posted: Nov. 6, 2008 - 11:46 PM ET #12

    Quote Originally Posted by tbRays:

    I was trying to find information on the marketmaker function for Matchbook, but couldn't really find that much info. Is it possible to play both sides of the game and actually make money?
    IT IS WITHOUT A DOUBT THE EASIEST WAY TO MAKE MONEY. YOU PLAY GAMES LIKE YOU ARE INVESTING IN THE STOCK MARKET. YOU BUY LOW AND WAIT FOR THE OTHER TEAM TO COMEBACK.. IN 85% OF ALL GAMES TEAMS DIP SO THAT YOU WIN NO MATTER WHO COVERS. SOMETIMES YOU CAN GET AS MUCH AS 100-1. THOUGH IT IS RARE I HAVE SEEN IT HAPPEN. I LIKE TO PLAY THE OPPOSITE TEAM WHEN ONE TEAM IS READY TO SCORE IF CONDITIONS ALLOW IT. I WISH I COULD SHOW PEOPLE HOW TO PLAY LIVE GAMES. IT IS TRULY THE WAVE OF THE FUTURE.
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    Quote Originally Posted by tbRays:

    I was trying to find information on the marketmaker function for Matchbook, but couldn't really find that much info. Is it possible to play both sides of the game and actually make money?
    IT IS WITHOUT A DOUBT THE EASIEST WAY TO MAKE MONEY. YOU PLAY GAMES LIKE YOU ARE INVESTING IN THE STOCK MARKET. YOU BUY LOW AND WAIT FOR THE OTHER TEAM TO COMEBACK.. IN 85% OF ALL GAMES TEAMS DIP SO THAT YOU WIN NO MATTER WHO COVERS. SOMETIMES YOU CAN GET AS MUCH AS 100-1. THOUGH IT IS RARE I HAVE SEEN IT HAPPEN. I LIKE TO PLAY THE OPPOSITE TEAM WHEN ONE TEAM IS READY TO SCORE IF CONDITIONS ALLOW IT. I WISH I COULD SHOW PEOPLE HOW TO PLAY LIVE GAMES. IT IS TRULY THE WAVE OF THE FUTURE.
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