exchanges/brokers

[khelo24]

Hello,here are some good questions and some answers for discussion.Its personal answers i do not know if they are correct,some thoughts actually for interesting discussion ..

1)Which do you think is the best broker to access smarkets,betfair and other exchanges?You will use a broker?
I have heard that smarkets do not compromise with brokers so i think noone serious broker offer it.For betfair?

2)I have heard and read that with brokers it is true that you avoid premium charges at betfair?I think its imaginary so everyone will use a broker..

3)Dont you think its better to bet at betfair instant via someone in an allowed country via vpn?Some people say that if you get caught you will lose money..but how?why? you do not multiaccounting ,its not a book(take point vpn,cookies) am i wrong?
4)Molybet tool opinions..why someone who invent this tool who can found the best odds offer it to us?If you can find the best tool why to offer it?

5)Why an exchange(betfair etc..) asians offer accounts to brokers to use people from restricted countries?Maybe In order books to avoid taxes from countries and let people bet.Maybe brokers pay some good amount of money to exchanges/sharps and allow them to create accounts.

6)Brokers how they make money?Commissions from deposits withdrawals is i think the answer.Also with big amounts of money they can invest the money they get from players.And actually maybe they follow betting activity of a long time winner player and make even more money.

Waiting replies and discussion.
Last edited by gamblehappier on Sat Jun 10, 2017 12:27 am, edited 1 time in total.

 

[europebetslot]

More or less all of your questions are answered in the forum but lets review the situation once again.
1. To my knowledge there is no broker offering Smarkets accounts, at least for now. Smarktes is withdrawing from a number of countries so we might see a clever broker or software presenting similar services. I would not use Betfair with a broker. I had discussions with so many agents and brokers, i can say it doesn't worth it. Agents are having legal issues and you will be the one to lose when a bell is ringing. Brokers on the other hand, they don't want arbers, because their model is based on losses and not on volumes. A serious broker would discourage you from using his services the minute he realises that you are arbing. You think that you are clever and you think that you can open another account with out his knowledge. You are wrong, he has the means to understand who you are and what you do within 24h of action.
On the other hand, white label softwares might be a good solution, with minimal or no risks.
2. This is not true. PC will get you whatever you do, arbing or trading. Read above also. Dont believe those who say that they can avoid PC. Their knowledge is limited. Arbing will have a winning streak in the end. Trading is specifically targeted by PC.
3. Here is a better solution. If you need that account that much, rent an apartment in a gambling friendly country and open a betfair account in your name. Do everything legally.
4. White label products are not the real thing. That includes Molybet, shark etc. The mechanism behind them allows a small profit for the owners, mainly based on volumes.
5. They do it in order to bring in more volumes. They don't have the legal risk because the broker/agent takes it on his back. The broker and the agent is licensed somewhere/somehow, so he again has no risks or limited risks. This is a big discussion and will require more details. Dont take that as a complete answer.
6. They have many ways to make money. Volumes, losses, tipping, information exchanged. Many many ways.
Avoid asking for many things within one thread. People are discouraged to answer. It is better to ask 1 thing at a time. More answers will come and everyone is going to be focused on that thing.