Originally Posted by redietz;150208
That's the Cliff Notes version. For the most part, the "let's go arbitraging" is a hook. Really, if people could do this consistently for actual money, they wouldn't be cheerleading it.
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One can consistently make good money playing blackjack and yet people are consistently cheerleading it.
Of course, there always going to be charlatans who use just about anything and everything as a hook and make it seem like it's an easy get-rich situation. Gambling, Stocks, crypto, work-from-home, surveys, affiliate stuff, and the list goes on. No doubt people have gotten rich and made some easy money on all of those things.
With just pure arbitraging under just one name, I haven't enough knowledge about how much one could make but it's hard for me to imagine anyone on this forum with the tenacity and knowledge to arbitrage would be dense enough to only arbitrage and ignore everything else available that's +EV in sports betting along the way. You don't need 50K if you take advantage of all the online + EV sports deals. You start off small and build up your bankroll. Certainly, someone can find a way to take advantage of stuff like a 125% match bonus up to 2k with a 12 x roll. And that's crap compared to the other stuff floating around. If one gets a little inventive and dedicates themselves I'm certain they could do much better than 99% of the handicappers.