I\'m shocked that these arb threads are still going.
 

I'm shocked that these arb threads are still going.

I am amazed that anyone that makes money with arbs would want to teach others how to do it. By doing so, these people are creating competition for themselves. As more people arb, the chance of finding arbs go down because the markets become more efficient.

I know some say they do it to give to the other forum members. They found an arb; got it; and pass it on to others. The thing is this favor doesn't get returned. I see the same handful of people posting arbs, and they the number viewing them is much higher. Basically, you're giving money to someone that isn't going to give it back.




<font color="red">busted out to its own thread. the discussion is fine, but doesn't belong in the official arb-posting thread. -P </font>

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

If you don't like to share, this forum may not be for you. I wasn't encouraged to post arbs until I saw others were doing so. Sharing breeds sharing. Not always true, but better than no sharing at all.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

95% of the arbs I find are dead within the time it would take me to post them here. Most people are arbing just to clear bonuses and aren't doing anything more fancy. So, I'm not particularly concerned about the quality of arbs going down. However, you're not alone in thinking that sharing will make things less profitable for everyone. There are a handful of people I know of who bad mouth me (behind my back, of course) for sharing any tidbit of information.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

[ QUOTE ]
better than no sharing at all.

[/ QUOTE ]

This is only true if you're the lazy guy that never looks for arbs and relies on others to hand them to you.

What is the point of passing out arbs to those that will not pass them back to you when they find them, or worse won't even look for them on their own.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

[ QUOTE ]
[ QUOTE ]
better than no sharing at all.

[/ QUOTE ]

This is only true if you're the lazy guy that never looks for arbs and relies on others to hand them to you.

What is the point of passing out arbs to those that will not pass them back to you when they find them, or worse won't even look for them on their own.

[/ QUOTE ]

Please tell us who are 'those'arbing and then not passing on any *new* arbs they find, kthxbye.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

[ QUOTE ]
What is the point of not passing out arbs to those that will not pass them back to you when they find them, or worse won't even look for them on their own.

[/ QUOTE ]

If they're not looking for them on their own then they're not hurting my lines. If I already have my bet on, they're also not hurting my lines. Would I rather Pinnacle or a 2+2er have the free money? Personally if I can help someone I will. Sometimes I consider not helping out because I know there are people who can't stand me who are benefiting from this information, but then I realise how childish that sounds and post it anyway.

There are bigger and better places than 2+2 (for sports betting at least) that have been doing this for longer. All that has happened is that more sportsbooks have opened and we're getting better value lines because of the increased competition and therefore better arb opportunities.

Lori

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

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there are people who can't stand me who are benefiting from this information

[/ QUOTE ]

Seriously? You seem okay to me.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

[ QUOTE ]
[ QUOTE ]
What is the point of not passing out arbs to those that will not pass them back to you when they find them, or worse won't even look for them on their own.

[/ QUOTE ]

If they're not looking for them on their own then they're not hurting my lines. If I already have my bet on, they're also not hurting my lines. Would I rather Pinnacle or a 2+2er have the free money? Personally if I can help someone I will. Sometimes I consider not helping out because I know there are people who can't stand me who are benefiting from this information, but then I realise how childish that sounds and post it anyway.

There are bigger and better places than 2+2 (for sports betting at least) that have been doing this for longer. All that has happened is that more sportsbooks have opened and we're getting better value lines because of the increased competition and therefore better arb opportunities.

Lori

[/ QUOTE ]

There are people were not looking for arbs, but, because of these posts, they've been inspired to look for arbs.

Now, they are your competition and will get to arbs before you do, and, in many cases, the arbs will die before you see them.

Lori, I'm surprised that you are focused on the short term (i.e. a specific arb) rather than the long term. You've been around poker etc long enough to know that focusing on the short term can greatly impact your long term earnings.

Homer, I know you're in a different boat than the rest here. Creating sports bettors could result in some some fairly passive long term income for you, so I understand why you're sharing the arb info. You should know that by cultivating new arbers you are also alienating established high volume arbers who would have used your links but are now staying away from your site.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

chachi,

If you are worried about competition in arbing its probably because you suck at arbing.

Re: *** Official Arbitrage Posting Thread : 11/06 - 11/12 ***
 

[ QUOTE ]
I'm shocked that these arb threads are still going.

I am amazed that anyone that makes money with arbs would want to teach others how to do it. By doing so, these people are creating competition for themselves. As more people arb, the chance of finding arbs go down because the markets become more efficient.

I know some say they do it to give to the other forum members. They found an arb; got it; and pass it on to others. The thing is this favor doesn't get returned. I see the same handful of people posting arbs, and they the number viewing them is much higher. Basically, you're giving money to someone that isn't going to give it back.

[/ QUOTE ]

Do you understand the purpose of this forum in general? People come on this site and help each other get better at poker even though that may help make their competition better down the road. If you don't like that concept, perhaps this forum isn't for you.