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MakinDollaBills

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MakinDollaBills last won the day on April 17

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  1. MakinDollaBills

    Question? Ask anything you want here!!

    How can I avoid getting gubbed by Betway? It seems like they gub us super quickly.
  2. MakinDollaBills

    Online Trading

    Thanks for the reply Jeremy, much appreciated. I'll have to look into it. I love TeamProfit! Keep up the great work
  3. MakinDollaBills

    Welcome to the Forum - Please introduce yourself!

    Hi, I'm an intermediate matched bettor and absolutely love TeamProfit Great work guys
  4. MakinDollaBills

    Online Trading

    Hi there, I created this fairly long post, so please bear with me. I saw TeamProfits very interesting post about trading212 (https://www.teamprofit.com/trading-212) and I loved the idea! I have seen that there are a lot of bonuses on a range of different trading/forex platforms. There might be a way to take advantage of this and create a "new form" of matched betting. An example would be that I join two trading platforms, I deposit a €100, receive a €100 to trade with on each platform, then I place €200 on Apple’s stock on one site, and then I bet against (or short) Apple’s stock on the other site for €200. This gives me a type of risk-free bet, since it doesn’t matter how well or how bad the Apple Stock goes, I won’t lose anything other than the commission that I pay to buy and sell. Later I sell the Apple stock and get out of my short position on the stock. I might have to make a few more similar trades to unlock the bonus, but eventually, I liquidate everything and take out the money. I haven’t looked into this very deeply at all, but it still seems like there’s a possibility of money to be made. The finance industry is a lot more regulated than the betting industry so I’m a little bit more unsure of the legality. Another issue is the tax regulations in every country, and that’s also something that I need to look into. I would love if the awesome TeamProfit staff could look into how and if we could further benefit from this. Let me know what you think.
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