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Hello SportGoat Familia. The following are the live episodes for "Genesis of SportGoat".
One more episode left in the five part series - scheduled to come out the week June 5th.
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“At gambling, the deadly sin is to mistake bad play for bad luck.” - Ian Fleming
In Episode One: A Boy, A Book, and The Arb, I quickly introduced how I came across this journey of Sports Arbing and how I made a good chunk of change to later lose it all. And yes, how I became addicted and now learned how to cope with that addiction. In Episode Two: How the Sports Betting Arb Chorizo Is Made, I explained how I ended up executing on the strategy and discussed a play by play on what I did to first establish the wealth. In the latest, Episode Three: Avarice Broke My Bag, I went ahead and told you how high was my high, explained how I lost it all, and introduced that the reason this blog now exists is because it is a form a therapy, a connection or better said re-connection to falling in love with sports again. In this episode, "The Aha - With Bad Moments, Even Better Face", is essentially a reference to an old Spanish proverb that explains, in the bad moments and when things get complicated, it's best to face situation with the best of attitudes. Therefore, with that this episode will do two things. (1) It will deep dive to why this blog is even in existence and (2) Things I found out through my Sports Arbing adventure that you folks may want to know, specifically related to Sports Arbing. I just want to take a few minutes to first explain why this blog exists ... Because I needed it for recovery. Not going to front with you folks. Losing hundreds of thousands of dollars destroys your psyche. Makes you feel a guilt that eats you away. And knowing if I was just patient, I could have made $1M (the possibility was there), I mean I'm human. And after years, years as in plural, in sports Arbing, I also needed a way to find my love for sports again. Quick ethos check by the way. With my profession, I am in analytics. I sometimes have to put my statistician hat on. I work with numbers all day. I work in creating deck materials for executive reviews. In my line of work, that helps fund this hobby, they pay me to essentially be good with numbers, understand complex business scenarios, and then be able to present and speak on it. And just like Archimedes himself, I had my "aha" or "Eureka" moment. For those not familiar, Archimedes is an ancient Greek polymath, who essentially made one of his greatest discoveries in a public bath, in all places, trying to escape the stresses of his work. So in Archimedes' case, he was tasked to determine a crown's weight in gold. So, I am going to "chill" for one second now because this episode is not about ancient polymath history, but metaphorically (yeah I know, I am making this somewhat allegorical), the weight was my addiction. I needed a way to discover how to get rid of it. And albeit, later research suggests Archimedes didn't technically discover the phenomenon because of a bath, the Eureka principle still reigns true. This blog is the medium for me to apply my ability to love sports, and provide stats. Be a historian. And because history is based on a matter of records and facts, this my friend, as in SportGoat, I intend for the existence of it to be very much a fact. And it will be because I need it - because I cannot go on and go down that rabbit hole again. All right, now that I went through that soliloquy - which I still contend is important for the ethos of this story, now let me start listing out things I discovered in this journey that you should be very well aware of (consider it an abecedary or ABCs of watchouts/tips) : 1. No free lunch when it comes to TAXES, especially with Gambling Winnings. In most countries, gambling winnings are considered taxable income. This includes not only the cash or prizes won through gambling but also the fair market value of non-cash prizes. 2. If you are going to do Sports Arbitrage, which this blog let me just say explicitly is NOT advertising. But we also know everyone within the legal realms of business or personal life choices, no one can stop anyone from doing anything legal. Therefore, if you do this, get yourself a real good accountant/s up front, and involve her/him/them from the start. And if you don't lose your head like I did, and start to rack up significant income, you may need to consider a good tax attorney as well. 3. When it comes to sports betting not everything is cookie cutter. In a previous example, where I explained how to fundamentally execute an arb bet, I explained an NBA game that has a winner/loser, and is subject to virtually little/to no disputes. But in sports anything happens, so all I am saying is READ THE SPORTSBOOK HOUSE RULES on things that can affect the outcome of your bet. Examples includes: 3a. Postponed or canceled games: When a scheduled game is postponed or canceled, sportsbooks may have different rules regarding the status of bets. Some sportsbooks consider the bet void and return the wagered amount, while others might consider the bet valid. It happened to me with certain football games, that did not go my way. 3b. Overtime and Extra Time: For instance, in soccer/futbol (but also applicable to other sports) most 3 way lines is within the 90 minutes plus stoppage time. Therefore, beware the three way lines if you don't know what that means. Extra Time or Overtime, unless it's a two way money line with clear rules, can trip you up. It was a thousand dollar lesson for me when I first started, let me say that upfront. 3c. Change of Venue: Sportsbooks may have different rules regarding whether bets are still valid in such cases or if they are voided. 3d. For player props and player injuries, please read the house rules. Player props by the way easily one of the most capitalized and inefficient markets to profit from Sports Arbing. I mean even the bookies know that. But this one I don't care what others may say, is the riskiest arb play (in the grand scheme of things still less risky but definitely not risk free), given that there are varying, and I mean varying, rules on how injuries and player props are paid out. 4. The house can kick you out at any time, and with no real justification or reason. Know this is the way it is. You don't like it. I don't like it. But it's an effective way to kick out arbing. Trust me, I know. I have been virtually kicked out by every single NJ Sportsbook out there. And if not kicked out, they put these limits where they might as well just have kicked me out. 5. Set a Budget and set Goals. If you are going to do this, which I know I cannot stop you, setting up a budget and goals on what you can afford is essential. And if you do happen to build house money and good wealth, know that goal is to not just throw it away by chasing losses if you do end up making a mistake. 6. Shop for best odds. You virtually have to do to be able to arb. Find a site that works, to shop around. Don't know how good it is now, but my odds search tool that was very effective for me was Oddscheckers.com. 7. Research, Patience, and Analyze. Know that depending on pricing you basically create a range of profit. Essentially, you will have the choice to determine, depending on the pricing opportunity, if you want to profit the same per bet, or if you want to say you think a team has a better chance, so you may have a lower limit of winnings and an upper limit. I looking back, will just stick to the same payout per bet, as it typically balances itself out. 8. Manage and Balance Emotions. Just in case I didn't make that clear in any of the other episodes. 9. Should have put this closer with one, but poetically why not being to close out this section out here. Keep records. If you make money, you will have to pay money. Taxes are no joke. And in the USA, the IRS is the one entity you really really, and if I can be dramatic, REALLY not want to mess with. So keep records, have a good accountant, make sure you pay what you have to pay in taxes if applicable, and oh remember, cash back in credit cards, good tax free option when I was playing (just make sure you confirm that if you do do this). 10. And lastly, gambling addiction is real. Gamble responsibly. Play safely. Provide information and assistance to the actual sportsbook if you fear you are getting one. Block your ability to play if needed. Be of age. I mean, this may sound like common sense, but it's not so common when you fall in the trap. Trust me. With all that said, thank you, and what is next ... I understand that we are all busy. I also understand we are all trying to find a way to hustle and make our situations better, and we know the financial implications and motivations. Therefore, I think there is value in sharing experiences like this. This is our penultimate episode of the Five Part Series: Genesis of Sport Goat. In the upcoming episode we will just summarize everything we talked about. We do hope and intend Sport Goat to be here and provide good sports content. Just mostly factual, sometimes opinionated, but always respectful material. And never obsolescent. Because we will always remind ourselves, even in the bad moments, there should even be better face. That mis amigos, is what I have for Episode Four: The Aha - With Bad Moments Even Better Face If you're playing a poker game and you look around the table and can't tell who the sucker is, it's you. - Paul Newman
In Episode One: A Boy, A Book, and The Arb, I quickly introduced how I came across this journey of Sports Arbing and how I made a good chunk of change to later lose it all. And yes, how I became addicted and now learned how to cope with that addiction. In the latest episode, Episode Two: How the Sports Betting Arb Chorizo Is Made, I explained how I ended up executing on the strategy and discussing a play by play on what I did to first establish the wealth, which eventually I ended up losing. In this episode, "Avarice Broke My Bag", I am going to go ahead and tell you how much I had at one point, what I did with what I had, how I lost it all, and how I came to grips that I had a gambling addiction. And at the end of the day, how I honestly believe that the apothegm or maxim, which is the house always wins, has much to do with the emotions of being human than the actual odds - and trust me, I should know, because I figured out the way to stack the odds in my favor ... or so I thought. How high was my high? I will say pretty significantly high. I have reached VIP status in multiple books. I have garnered enough capital that I was essentially recycling house money, making profits on multiple bets, and reinvesting the cashback I was making via the credit card. I was at one point, up a clean +$100,000. And at this point, I actually believed for the first time, I was going to make a $1 Million. And once I started thinking that, I started to fall into what in retrospect is so clear to me now, what I call the introduction to the EECR (pronounced eeser). Early Wins, Escapism/Excitement, Conditioning and Reinforcement. What do I mean by Early Wins? Professionals will describe this as the initial gambling experience, which involves early wins. This reinforces the excitement for financial gains and the fact that it is a real thing. Early successes can create a false belief, but through arbing, I felt that I was virtually unstoppable. Yeah, I know I was wrong. What do I mean by Escapism and Excitement? Gambling for me ended up being something more. Gambling became a lifestyle, and essentially it provided an escape from daily life stressors. But what was more resounding was the thrill and excitement experienced during gambling that I think triggered an unhealthy desire for the adrenaline it produced. And the ironic part, I knew what the possible outcomes were going to be, so I should have been more mild tempered. But truly, once you make a series of bets, it literally immerses you into a whole different stratosphere of an experience. What do I mean by Conditioning and Reinforcement? This is one of the more subtle aspects of the experience, but it does truly condition behavior. Over time I realized that the brain has a reward system, which essentially gets conditioned by the pleasurable sensations associated with gambling - especially if all you have experienced is win after win, given the arb and its components of the strategy. Listen, I am not a scientist nor will I ever pretend to sound like I am, but the little I do know and was told is that essentially the brain releases dopamine, a neurotransmitter associated with pleasure and reward. Gambling, even through arbing, OD'd me with dopamine, which I strongly believe it conditioned my behavior to search for the thrill. Where I think the downfall all started? This one for me is easy to answer. The start of it is when the first sportsbook had an inkling on what I was doing. But essentially, I profited too much and most of my wins were beginning to skew towards this one sportsbook. It was the first official one to essentially kick me out. If you are interested in knowing, just shoot me a message and I will go ahead and let you know. This was the first kink in the armor and realized, oh my, my full proof plan is not so full proof. What mounted the feeling of what I will call disbelief, is at that time, I didn't really know that sportsbooks can go ahead and do that. It was a pretty wild awakening to be completely candid. And on a technical basis, this sportsbook was extremely optimal, critical, and strategic in the arbitrage execution. What I mean by this is given the pricing this book was dishing out, it allowed for multiple bets to placed with other sportsbook as an arbing opporunity. In short, this just means it was a book that offered multiple and daily opportunities to profit. It was ultimately a cash cow that was turned off. Then as I then had to shift to other books, wins and losses were being skewed. I was winning much more in other books and losing in others. And basically, as you reduce the availability in the books that you can operate in, the less diversified you can have your winnings and losses be "closer to zero" so they wouldn't shut you down. So, it started with the one sportsbook, but by three months or so, I was restricted and kicked out in about three more, which then meant I really had to start getting crafty and be much more deliberate with my plays. This didn't mean that the game of musical chairs was over. Sports betting arbitrage was much alive and the runway was still very much there. Knowing where the downfall started, the next question that may be asked is when did the addiction start getting very bad? Where it got bad is where I made my first legitimate human error. It was a costly one. Now note that I was up +$100K up at this point. I made bet in basketball, between two sportsbooks. Ultimately, I was live betting an NBA game at halftime. And essentially, odds change fast, but I have had multiple experiences where I have made those bets and all has been fine. What happened though here, I was making one bet on one team and another bet on another team. One bet went through, but with faulty internet connection, the alternative bet did not. And by the time I recovered connection, all the markets were closed. And when it re-opened, of course the bad luck of the day, the opposing team went down big and by the time the market re-opened, I essentially at that point lost. The cost on that was $3K. Now, at that point $3K was fine, because I will still up six figures. But, there was something in me that didn't feel right. I felt that I lost that money so cheaply. Unfortunately, I lost the hindsight of the larger picture of and was just so mad for losing the $3K. This is where the concept of chasing my losses became a thing for me. In an attempt to recoup my losses, I forgot about my arbing principles, and started making straight bets. I continued to gamble excessively, chasing the "high" of previous wins, or in this case recoup what was a human mistake. This right here was a problem. Because, I won those straight bets, and typically, what can take me 3-14 days to make $3K, I just made it in a matter of seconds. This was the false belief that ultimately led to my downfall, and essentially it increased tolerance for higher stakes. Let it also be known, that the thrill of the straight, not arb'd bet, was much much, and I mean much higher. So for the next few months, I will continue to Arb, but essentially I was using the Arb winnings for straight and parlay bets. I started saying you know what, rather than profiting, let me just bet risk free with house money. What this ended up doing was something far far worse. I started neglecting other areas of my life, and what was suppose to be a means of supplemental income became the addiction that consumed my time, attention, and energy, leading to neglect of much more important aspects of life, such as my family, work, relationships, and personal well-being. This neglect exacerbated the negative consequences of the addiction, and I basically realized for the next few months I haven't profited or made the money that got me to where I was, because all the profits I was making through Arbing was essentially essentially lost in my my full risk bets. Here, I started to understand, how the odds are always for the most part, tilted for the house. What ended up breaking my bag? You know the wildest thing is that the amount of time it took to make the money, make those six figures, the downfall was really quick, painful, and surreal. I mean, there are bets, one time bets where I lost $10,000 or even $20,000 in one shot. And before I knew it, all that I was able to keep and kept, was the cashback I got from the credit card. I made over $100,000 plus. I lost it all. By the time I realized it didn't have to be like this, I have already been kicked out by all sportsbooks essentially. Either kicked out or just not able to bet more than $15 or $10 at a time (it was more of the books saying, f* you, take this slap in the face). So, I didn't have the opportunity or channel to arb myself back up. Eventually, I was going for Million Dollar 3-5 leg parlays or high leverage stakes on matches/games and eventually my house money balance went down to zero. At that point, I learned the tax implications that you have to pay on winnings, and said, I am not paying taxes at this point unless I break the bank. Consequently, I just broke my bag. Avarice broke my bag. But hey trust me don't feel bad for me because ... I recognized the problem and sought help. Treatment options were presented to me and honestly, I feel blessed for the life I do have. Maybe that is some of the personal therapy talking, but I am serious. I have a beautiful family. I have a career that pays the bills. I have friendships that are for a lifetime. And I never let the issue get so bad, that I started putting myself in personal debt. In the upcoming episodes, I would explore the following topic a little more. But to quickly introduce it here, I still had a gaping hole. It was the desensitization that I had with sports now. The thrill or the high through gambling was just so omnipresent. Essentially I found out that my addiction, which I had under control, was never really going away, unless I decondition what gambling did to my psychology. I needed to reconstruct and re-ignite my love for sports, the one I had prior to this whole experience. To rekindle the once excited, grand, sometimes quixotic sports fan in me. I knew avarice broke my bag, I couldn't let it break my love for sports. I couldn't let it break me. In the upcoming episodes, I also promise to go into more details on good to know facts that I learned as consequence of this experience. But, I will also let you in the ultimate reason for SportGoat, where at its heart, it really is just a means of therapy. That mis amigos, is what I have for Episode Three: Avarice Broke My Bag Author: The Real Goyito Sponsor: SportGoat.com “Quit while you're ahead. All the best gamblers do.” - Baltasar Gracian
In the last episode, Episode One: A Boy, A Book, and The Arb, I quickly introduced how I came across this journey of Sports Arbing and how I made a good chunk of change to later lose it all. And yes, how I became addicted and now learned how to cope with that addiction. In this episode, "How the Sports Betting Arb Chorizo is Made', I will just go ahead and tell you how I ended up executing on the strategy. But before that, let me go ahead and just quickly describe what Sports Betting Arbitrage is all about. What is it? Sports betting arbitrage is a strategy employed by individuals to take advantage of discrepancies in odds offered by different bookmakers. The goal is to guarantee a profit by placing bets on all possible outcomes of a sporting event. GUARANTEED PROFIT is the operative assumption here. Arbitrage opportunities arise when different bookmakers have varying opinions on the likelihood of different outcomes, resulting in odds that don't reflect the true probabilities. By identifying these discrepancies, bettors can place bets on all possible outcomes with different bookmakers, ensuring a profit regardless of the outcome. All right now that we know what it is, how do we fundamentally execute an arbitrage bet? To execute an arbitrage bet, the bettor must compare odds across multiple bookmakers and calculate the potential profits. The most straightforward example I can provide is the following:
How often do these odds appear should be our next question? Sports betting arbitrage opportunities are relatively rare and often short-lived. Bookmakers are constantly adjusting their odds to minimize arb opportunities, and technology has made it easier for them to detect and restrict arbitrage bettors. Therefore, there are tools that exist that allows you to hunt for the best odds, by book, by state. I have used Oddschecker in the past, because in my personal opinion, it was the most user friendly for my case. If it is rare, and you need a lot of capital, the next question would be how did I even do this? If you were to ask me this question a year back or so, I would say well that's loaded and there is a lot that goes behind it. But the more I was able to strip myself from the day to day of sports arbing, I came to realize that it is actually quite straightforward. As you know by now, significant capital and multiple betting accounts are required to maximize potential profits. And given I did this in NJ, let me just give you my Five Step, play by play, on how this was accomplished. 1. First thing, I first opened multiple sportsbooks accounts. Let me quickly rundown all the ones I have participated in, and ultimately either was kicked out, severely limited in my betting ability that was essentially them saying "get out", or ultimately books that never caught on, but I needed to just go ahead and cancel my account. The sportsbooks I have opened, in which I also in a handful of them reached status includes, DraftKings, FanDuel, BetMGM, Borgota, SugarHouse, PointsBet, FoxBet, Barstool, Caesars, Tipico, Bet365, Wynn, SuperBook, and Unibet. 1a. An important start of building wealth via this channel, building capital, and just building good old dollars is the leveraging the bonus dollars/risk free bets each of these sportsbooks offer. Following the same arb principles, you will find that you can ramp up your capital, by simple leveraging these offers. For instance, Draftkings offered bonus bets and a $1,000 deposit bonus. Fanduel I think now offers $1,000 No Sweat Bet, but there was one point it went as high as $1,500. The same principle applies for Caesars and Barstool (those depending on when the marketing was on, ranged between $1,000-$2,000 worth of risk free bets). Then some of the other sportsbooks offered smaller deposit dollar bonuses or risk free bets. If done properly, it is not out of the realm of possibility of building between $5,000 - $10,000 within your first month of sports betting, if you optimize all the free bonuses and bets using the arb principle. 2. Don't know if you know, but now you will, I made about ~$20,000 in just cashback, while securing my line of credit. I did so by opening up a Discover Credit Card, to just access a credit line to be able to deposit cash, without having the cash on hand, all while leveraging cashback (where cashback by the way is tax free). Will go into taxes and some of the off hand lessons I learned in another episode. The credit card I opened and used was the Discover Miles It card, with the Cashback Match card. Why Discover Card you may be asking? Because, they gave a good credit line to access capital. But more importantly, they are compatible with the sportsbooks as a means of depositing funds. Discover allows and processes a sportsbook deposit as a credit transaction (at least at the time I did this), where other networks decline these type of purchases more often than not. Also, if other networks accepted the transaction, they recognize it as a cash advance, and will charge fees accordingly. Discover did not in my case. Therefore, the reason why this piece was important, because if done right, you will rack up thousands and thousands of dollars worth of profit in terms of cashback, while accessing capital to profit on arbitrage opportunities, without having the necessary cash on hand. 3. I wagered enough in certain books that allowed me to get VIP status. Why getting status in each book was important was because VIP status ensured me a dedicated point of contact in the company that basically not only was my personal concierge for customer service, but they would incentivize me with additional bonus bets and deposit bonuses. So, at this point, the perk that everyone gets when first singing up in relation to the bonus bets and deposits, is now repeated because arbing through different books, and wagering through deposit cycles, I have essentially secured more free playing money. This in reality, was just as good as real money, because you would cycle or arb your way through the playing thresholds to convert them to real winnings. 4. As I was learning how to find the best arbitrage opportunities through not only Money Lines "MLs" and Point Spreads, but in Player Props (while gaining VIP Status), the opportunity and ethos of larger bets became a viable option. My access key to larger scaled bets. Therefore, at this point of my journey, I ended up taking out a personal loan to help leverage larger plays, because the payouts and profit margins I would be able to get on them, now more than outweighed whatever interest I will being paying monthly. Which it did. The other key to this point also has much to do with building enough capital off of the arb winnings, that I typically paid a loan (that usually was termed for 24 months) in about three months. This was done after I secured enough dollars to be able to cycle in and out, from depositing with the credit card, paying the credit card, and repeating that cycle - which if you remember from my earlier point, will help optimize the cashback profit dollars for using the credit card. 5. Then just like any job or process, you learn the art of the trade. You learn that you need to pace out your deposits to not raise suspicions. So what that means, you need to lose as much as you win in books, to make sure the sportsbook traders see you as a "profitable" customer. The optimal outcome here is to essentially closer to $0 in terms profits across all the books. Ideally, you wouldn't want to be up $120K in one book and down $119K in another. So back to the earlier point, profitable in the sportsbooks eyes, is of course the running assumption here. And ensure you stay under the radar as much as you can. If we are talking about these dollars,why doesn't everyone do this? Honestly, it is not common or something folks would think of naturally doing. Arbing is something in retrospect, that is not natural. And Sports Betting is still illegal in some states. And Sports Betting Arbitrage, when I started was completely more open that it is now. But you can absolutely still technically do it today. While sports betting arbitrage can be lucrative, it's important for all of us to understand the risks involved, such as human errors, sudden odds changes, or unforeseen circumstances affecting the outcome of the event. As with any form of gambling, responsible and informed decision-making is crucial. And nothing is ever risk free, so there have been trades that I have to take a loss because odds would have suddenly changes, or there were human errors that I had to learn on the trade. I can go into specifics on what they are if you are interested, just shoot us over a message. Essentially, the profit may seem small and they are at first. Another reason why it's difficult at first is the access to capital and very good credit. Sports betting arbitrage relies on finding numerous small opportunities and taking advantage of them consistently over time. The other major commitment and this should not be underplayed is that it requires patience, research, and careful analysis of odds to identify profitable discrepancies. So a lot of patience and a lot of time. Therefore, I just want to conclude this episode with the following ... This episode is not the most enthralling or captivating, because honestly, if you ever do see the makings of anything (like chorizo or sausage as the title suggests), it isn't typically the most spectacular thing. However, I truly believe it is both paramount and indispensable to talk about how the inner workings evolved the way it did, that in relation to my story, how I was able to establish the winnings, in which, ultimately I lost it all. In the upcoming episodes, I will go more into the reason I personally think I fell into the trap and lost it all, how the philosophy that the house always wins has true substance behind it, hard lessons I would have never thought I would encounter as part of this process that is worth sharing (at least I personally believe), and what I would have done differently. That mis amigos, is what I have for Episode Two: How The Sports Betting Arb Chorizo Is Made. Hola Todos to Genesis of SportGoat, this is the Real Goyito, and we are going into Episode One: A Boy, A Book, and The Arb.
"The More Skillful the Gambler, The Worse the Man" - Publilius Syrus I have been conflicted if I wanted to share this story. Bottom line, sharing it means, I am essentially admitting to the world that I had a Gambling Addiction. And admitting it, is essentially admitting that I lost six figures and lost the opportunity for millions. But, what I do have now are a handful of stories, if you folks are willing to hear them out. Some stats that I can share before diving into the introduction:
Let me know if this sounds familiar. You are scrolling through the internet or swiping through reels, and you hear the ever so prevalent, "want a make a quick $1,000?". Or the, "Do these seven things to help pay your rent!". Well this story is really more of, "If you do this, you can make thousands upon thousands, you will have to report millions upon millions in taxes, and you better get yourself a good accountant and attorney". And in my case, it was all because a boy was offered bonus bets from a sports book. That ended up in me becoming a Sport Betting Arbitrager. Sports betting arbitrage is a strategy employed by individuals to take advantage of discrepancies in odds offered by different bookmakers. The goal is to guarantee a profit by placing bets on all possible outcomes of a sporting event. GUARANTEED PROFIT is the operative assumption here. Arbitrage opportunities arise when different bookmakers have varying opinions on the likelihood of different outcomes, resulting in odds that don't reflect the true probabilities. By identifying these discrepancies, bettors can place bets on all possible outcomes with different bookmakers, ensuring a profit regardless of the outcome. Just in case you are asking if Sports Betting Arbitrage is legal? That is a natural and normal one to ask, and the short answer is yes, it is legal. And more so, it is not illegal in any country where gambling and betting is permitted. Just note bookmakers do their absolute best to stop it, and is most likely than not, if you ask bookies, one of the things they frown on the most. But they frown on it simply because it's a way for the consumer or bettor to come out on top, and not necessarily the house. In upcoming episodes I will tell you how I scaled. How I ended up getting the amount of capital required to profit from this strategy. How understanding that you don't really need to love sports or be into sports to do this. That this is purely a numbers game. An access to credit game. A game that goes beyond the court, the field, the rink. That the game is much more vicinal to reality than you would think. It's a game of staying the course, knowing what you are getting yourself into, and reminding yourself, that the only way you have a leg against the house, is if you allow yourself to not get in your own head. And do you want to know the veradical truth - this is all because a boy met a book that opened a world to The Arb. And what I ended up finding out, is that The Arb is just a strategy. That what obnubilated or obscured the hope to come out ahead in this journey was my unrealistic and grandiose plan to beat the book at an unreasonable pace. It was what led to my addiction. It was what led to a boy ultimately realizing that this is not a girl's/boy's game. This was much much bigger. In the upcoming episodes, I will go more into Sports Betting and Sports Betting Arbitrage, How I personally made the money I made, and more importantly, the reason I personally think I fell into the trap and lost it all. That mis amigos, is what I have for Episode One: A Boy, A Book, and The Arb. Author: The Real Goyito Sponsor: SportGoat.com |
