Full Transcript
[00:03] promoting it you probably have a friend who's addicted to it and your grandma would most definitely tell you not to do it and she's right mathematically betting on sports is financially dumb the bookmakers and betting platforms
[00:15] ones making a profit and not you but what if that wasn't always the case in one of my last videos I tried this out I was scrolling Tik Tok and being greeted by pure alpha males if you compared me to you you're not going to win that
[00:30] sports betting and supposedly have the hidden secrets that they can teach me as hidden secrets that they can teach me as well for a fee of course so I found this guy grade a top tier looking fake Guru we're talking bundles of cash G wagons
[00:44] in Dubai Emirates first class and for just $29 a week I can pay this guy for all of his sports betting tips so that's what I did for 7 days straight I this guy shared and after a roller coaster of a week we managed to make a
[00:57] coaster of a week we managed to make a profit of $280 but it was far from Easy end of The Challenge and then we had a Super Lucky final day but then I heard about arrage betting and this is a
[01:10] different Beast this involves betting on both outcomes of an event using discrepancies in the odds that they offer I know it's confusing so let me explain get there's an NBA game between the
[01:24] Golden State Warriors and Chicago Bulls one website will pay you odds of 2.83 for the Warriors to win and another will pay you odds of 1.67 for the Bulls to win think of odds as just a multiplier whatever amount you place on that bet
[01:37] will be multiplied by those odds if the BET wins now we can calculate using percentages the right amount to bet on each team to guarantee us a profit regardless of who wins if we had $1,000 total to bet we would bet $370 on the
[01:50] Warriors and $630 on the Bulls so if the Warriors win our payout is $1,047 and if the Bulls win our payout is $1,052 so regardless of the outcome of the game we are spending $1,000 and receiving
[02:04] back about $1,050 guaranteeing us a risk-free $50 of profit now of course it sounds incredibly easy in theory just bet on both sides of the game and win free money but it is a little bit harder for this to actually work the two
[02:18] have very different odds from each other on the same game and that doesn't happen websites looking for these opportunities just wouldn't make Financial sense you'd make more money working at McDonald's
[02:32] but when you utilize the power of AI and software to scour these websites and find opportunities for you it can become pretty profitable so in this video I'm for 7 days and seeing how much money we can make Arbitrage
[02:46] betting right so to begin I need to find out which software I'm going to use to because there's plenty of them out there so I asked my good friend chat GPT for advice and that's about out odds Jam as the recommended software I then
[03:00] videos and even asked my friend who does this for a living and he recommended the same it's basically a software that scans every betting platform in the world and automatically finds scenarios in which two betting platforms have very
[03:13] same game therefore giving us an Arbitrage opportunity if I go into the Arbitrage bets section of odds Jam you can see here they're listed by Arbitrage Arbitrage percentage the more guaranteed profit for us this bet here with an
[03:28] 11.51% Arbitrage percentage will give us a guaranteed profit of either $223 or $224 so on this bet we'd be spending $1,720 and receiving back a guaranteed $223 in profit and at this point it
[03:43] seems like that's honestly all there is to it I just place the exact bet the paid out it will leave us with that guaranteed profit so all that's left for me to do now is place my first bet let's see what happens all right the first
[03:58] Arbitrage bets are now placed I ended up doing two sets of bets and spending $1,620 in total and after it's all said and done we should be on to make about $60 or so in profit so let's see what happens all right it's the next day now
[04:13] you can see here in the BET tracker that we did in fact make a profit of $64 and that was honestly pretty easy this visualization makes it pretty easy to understand since you can see here we
[04:25] lost $390 on one side and made 413 on the other giving us $23 of profit and on the other bet we lost $500 on one side and gained $540 on the other totaling $63 in profit for the day now it's nothing too major in terms of total
[04:40] profit but nonetheless it's still pretty exciting to see this working as expected so let's play some more bets I spent the next few days placing more Arbitrage bets learning how the platform works and making profit every day but then I
[04:53] discovered a problem after our first day you probably scary am and is too good to be true just because of how simple it is and honestly I don't blame you I thought the same thing as it turns out it's actually
[05:07] platforms themselves can catch on to you doing this and just ban your account Arbitrage betting is a lose lose for the betting platforms so a lot of them work other in an effort to prevent this from happening they've got algorithms which
[05:21] happening and after a while they may limit how much you can bet to $50 or $100 or even restrict your account completely I spoke to my friend who does this fulltime and he agreed that this issue is easily the most annoying part
[05:34] that it's not the end of the world and you can actually work around it unless time and are straight away placing huge Arbitrage bets every single day they usually won't pick up on you that quickly and you can have weeks or months
[05:48] if you've got months on the platform that's easily thousands if not t of thousands of dollars of profit the other good thing for this business is that coming out every single day because it's such a lucrative industry so these
[06:02] to flourish so long as there's a ton of betting platforms out there as of now in restricted we're completely fine but it's definitely something to be conscious of if you're thinking about doing this side hustle long
[06:15] term it's day five of The Challenge now our second day was actually Break Even which is why it's blue in the BET tracker but you can see the next day we managed to make $216 in profit and then yesterday we made $130 3 you can see
[06:30] bets and all of them were on the baseball and so far it's all going stakes for our final days of this Challenge and I'll be depositing more so let's see what happens now I get messages from you guys all the time
[06:45] like the one you're watching right now and a huge part of that actually comes from the sponsor of this video which is tube magic it's basically if Mr BEAST's YouTube knowledge and chat GPT had a baby because the AI keyword research
[06:58] tool pretty much tells you exactly what to make videos about based on what's trending and what people are searching for it also uses AI to generate a Magic best idea and the next video that you
[07:10] is easily one of the hardest parts of being a YouTuber and Tube magic takes giving you the ideas it'll literally write you a script give you script outlines and do 80% of the work for you
[07:23] just film it and then when the video is complete just paste that link into tube magic and it will generate you the best title and description it's owned by my Matt YouTube channel so if you want to be a YouTuber but aren't really sure
[07:37] where to start check out tube magic with the link in my description and just like that it's been one week of Arbitrage betting I kept my word and I did indeed up the stakes and in doing so we were able to make a
[07:50] you guys are watching this and are looking to try this side hustle out for yourself I did contact the guys over at odds Jam which is the software I've been given me a link in the description below which lets you try it out for 100% free
[08:05] and if you use code backer you'll also get 35% off of their paid plan because I'm not just saying this I've tried out a lot of side hustles on this channel gambling is an epidemic which is draining the wallets of so many people
[08:18] I'm actually a big fan of this and taking back some money from the betting platforms which pre on so many people so how much did we make well in the last 2 how much did we make well in the last 2 days we were able to make over $1,400 in
[08:31] profit and on our last day yesterday we made $555 in profit from a singular bet because there was a huge 17% Arbitrage opportunity so in total we made $2,625 in profit in just one week of Arbitrage betting and that's honestly
[08:46] insane the issues I talked about before are still present and I don't personally do for years but if you can rinse it before the betting platforms truly put a stop to it I think that's a no-brainer now if you do try this out please send
[08:59] me me a DM on Instagram @ eomer I'm really curious to see how you go with it and let me know do you think this side hustle is legit or did we somehow just hustle is legit or did we somehow just get lucky