natal
Seymours Lovechild Member
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 Re: How Does One Trade from USA?
« Reply #4 - on: Feb 15th, 2010, 2:52pm »
Blurry, good post, well written, nice to see some class.
It is also nice to see someone with 3 posts helping out a bewbie with 1 post.
One thing whcih I d like to add:"the US Gambling Bill is not stopping US citizens from gambling, it simply prevents US banking institutions from transferring money to Gambling sites."
However, having saying that, most reputable/high profile European, UK & other important bookmakers do not accept US customers, some which are crucial for successful arbing, 2 of which are are on top of that list are: Betfair & Pinnacle. These 2 make up 30% of my arbing turnover.
Not that you couldn't do without them if you had access to some good Asian books (at least for soccer), but sadly the top 4 Asians (SBO, 188, M88, 12Bet) do not accept US clients either.
It may be tricky arbing from the USA .... however, remember that although theoretically UK books are good for arbing their limit us arbers so fast these days that I v given up on them long ago... I do not have one UK book on my list for well over a year.
But it is not all bad news. In the good old days (about 3-4 years ago) in one evening I could do 3-4 good $100 to $300 (profit) NBA and/or MLB arbs from Willhill & Lads and top up with Stan James,Betfred and Bet365 (in those day I could place a $5000 bet @ WH & LADS on any NBA spread which was about 50% of the max bet limit then) ... but those days are long gone and as a result I was forced to develop my arbing skills in new territories such as: developing new arbing formulas, discover hidden arbing opportunities, new sites, new techniques etc... If I wasn't limited then, I probably wouldn't have looked into these opportunities due to having sufficient income and enough low hanging fruits, not having to worry about working too hard on all this fancy staff. So who said that having it easy is always good... hardship is very often a blessing.
In the nutshell what I m trying to tell you is that perhaps as a result of the constraints which are are facing you may find arbing opportunities which I would never dream of and in my view there are many of them still there.
I do not however envy you for the long road ahead of you ... what makes this road even tougher is the fact that you will have to do it all on your own (in this game, there is no one to turn to for help or share your frustration with, you have to crack it all on your own - this business is made of 5% theory & 95% practice), and at present this trip is going to be under tough and ever getting tougher market conditions ... but if you crack it (1000 to 1 probability in my view) then you will find yourself in a game with very high barrier of entry which is good for those who make it.
Good luck anyways
natal
ps. Moving to Canada will solve 90% of the arbing related problems arising from you residence in the US
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How Does One Trade from USA? (Read 398 times)
