subject: Sports investing software review - Is it a scam? [print this page] Sports investing software review - Is it a scam?
The welcome page of this software has the title 'Its time for a real game changer". But what is this software...? To keep it short 100 Percent Winners is a betting software that finds you 100% betting opportunities automatically from various online bookmakers.
It uses the concept of arbitrage which in simple terms could be related to a win win situation no matter which team wins.. Confusing...? Arbitrage is the practice of taking advantage of a price difference between two or more markets:striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market proces. It simply means you place your bet on both odds and your profit is the difference between the two bookmakers.
The way this software works is it scans the bookmakers' sites for bets and finds where the difference in betting odds guarantees you 100% profits. This is known as betting arbitrage. Well, we could do it manually too and there is no need for us to buy this software, but.. It takes a hell lot of time to find where the difference in betting odds guarantees profits.The software is automated so you don't have to scan dozens of bookies for odds manually to find opportunities you want.
Here is an example. Say there are two betting sites A and B. And there is a cricket match between India and Australia. Site A has a betting odd of an Indian Win of 2.6 and site B has a betting odd of Australian win of 3.2. Assuming you place a bet of 100 dollars each, your total investment is $200 and if India wins you get $260 and if Australia win you get $320. A profit of $60-$120 on your $200 investment.
Its a win win situation no matter which team wins.Assuming you placed a bet of $1000 in both teams, the conversions are higher.
Will this software make you rich? The answer is 'NO'. You cannot become a millionaire using this software, but you can make a decent amount of profit depending on your investment. You toss and coin and no matter you get heads or tails, you win. How cool is that?
Having said all that, lets talk about possible cons about this software. The first thing is the price of the software. Its a little on the expensive side. I believe it close to $150. Second thing is the geographical restrictions. If there are not many bookmakers in that country, the possibility of you getting an arbitrage is low or nil.. Nil in very rare cases. Instead of the profits of $60-$120 in the above example, this might be lesser like $6-$12. So, after all our efforst we get pennies for the worth.
I'll finish this article with a saying "Something is better than nothing".. 100percent winners software is a sure winner.
