Sports arbitrage

[megla]

My parents have been approached by Aussoft Technologies to purchase a 'guaranteed' profit making piece of software that does sports arbitrage.

I've looked around and as usual, it looks too good to be true.. so it probably is, thus I thought someone here would have more knowledge of it.

Anyone know anything about it?

 

[jaminunit]

Hi there,

I also got a brochure in the mail, but it all seems to good to be true. did your parents end up trying it out?

if so does it work

Cheers
J

 

[megla]

did your parents end up trying it out?

I advised them not to. I got no answer from here regarding it so I assumed either no one has heard of it - not good, or people have heard of it but think nothing of it - not good.

I also assumed if it was good, then someone here would have jumped in and said - yeah! go for it. - But that did not happen.

 

[stoxclimber]

If you want to limit yourself to AUD only sites, there's just not that many sports arbs out there. So you if take international arbs you have currency risk, and its not like theres millions of these per day..And if it really was a killer way to make cash, they wouldn't share the software since you taking the arb takes away their profit. They get money from you using their referral link to sign up with bookmakers around the world.

 

[megla]

They get money from you using their referral link to sign up with bookmakers around the world.

Yeah, and as I said to my parents, if its that good, it shouldnt cost much because they would be making money from it too.

Like with the stock market, I gain all my knowledge and trading tips free, some from ASF, some elsewhere, some just reading the finance web sites. But it doesn't cost me to get that info!