Arbo
59 posts

Arbo
@Arbo2KBets
Bettor with a focus on EV. Thoughts are my own.
Beigetreten Temmuz 2024
76 Folgt133 Follower

@Jthebettor @storm_pig @MikeVivian @Novig It benefits NoVig because it protects the arbers that provide enough liquidity so NoVig can even exist.
They don’t care about regular bettors. They take none of the responsibility of their markets yet protect the arbers over other users.
English

@Arbo2KBets @storm_pig @MikeVivian @Novig i still doing see how this benefits novig at all, like is it not null? tbf im also not entirely educated on how novig makes their money, but they could void 50 bets and still don’t really benefit. maybe the bettor gets hurt, but theres 0 benefit for novig imo
English

The only entity that wins when something like this gets voided on both sides is the book.
The winning side doesn’t win and obviously the losing side doesn’t either. They still don’t win the bet. Overall, bettors don’t benefit from this.
If your bet lost you just took the wrong side which no one is arguing to be free rolled here.
English

@Arbo2KBets @storm_pig @MikeVivian @Novig i don’t see your point tho, had the correct side (winning bettor) been the -1.5, and it voided despite it being a guaranteed loser, then it’d benefit the winning bettor? sometimes it’ll be to your benefit and other times it won’t
English

@storm_pig @MikeVivian @Novig I’m not asking for a free roll? What are you talking about?
If my bets win, I’d want them to settle as wins. If they lose, why would I care if they were settled as a loss?
English

@bigboll0205 @fairplaygov Yeah PPH’s will obviously be fine but that’s not what he was talking about, true offshores could get C&D’d
English

@Arbo2KBets @fairplaygov Lmao brother half of those are peer to peer books. I’m talking about books they don’t even know about with actual bookies
English

@bigboll0205 @fairplaygov Cease and Desists exist for these books.
Bovada has shut down in multiple states. Both Novig and ProphetX have been giving C&D’s even. Fliff, ReBet, etc all have as well.
English

@fairplaygov WTF do they think they are going to do? Can’t stop it
English
Arbo retweetet

A lot of doom and gloom happening in the gambling world.
The bill is awful, and it doesn’t make any sense.
But as professional gamblers, our job is to figure out how to make the system work for us.
Contact your representative to see if the bill can be altered.
Contact accountants to figure out tax plans.
Do whatever else you have to in order to come out on top.
But don’t lose hope, and don’t give up.
English

Is there a possibility of this being challenged in court as unrealized gains tax on individual investors or something similar? One could argue (maybe, idk) that books like Kalshi or DFS are investments. Especially at the level of basic professional gamblers profits. I could be way off base. But maybe it can be fought in court.
English

Some guy named Crapo just took a shit on my livelihood
Bill Speros@billsperos
Gambling-related language in BBB came from Senate Finance Committee's 549-page report written by Sen. Mike Crapo (and/or his staff and autopen), released on June 16 Analysis via @PWC & @BrownsteinHyatt 🔗 Text On Page 23 finance.senate.gov/imo/media/doc/…
English

@TRC_Slim @FOS @sportsrapport I recommend you actually read the plain text of the section about the tax changes. You are incorrect on every facet of the situation and look like a complete joke.
English

@FOS @sportsrapport The guys screaming loudest are the ones who ain’t tracked a loss since COVID.
If you’ve never withdrawn for taxes, never logged your sessions, never paid your boy a cut to use his FanDuel — this rule ain’t about you.
It’s about the syndicates.
It’s always been.
English

Professional gamblers say Donald Trump's "One Big Beautiful Bill Act" includes a huge tax hike, potentially turning winnings into losses.
One pro gambler told FOS how the legislation could turn a year with a $1M profit into one with a $2M loss after taxes.
By @sportsrapport ⬇️
English

@TRC_Slim @a_kane47 You seriously unable to realize how this affects a professional (winning) gambler?
If someone wagers 100k under this bill and wins only 10k, they’d only be able to deduct 80k of the actual 90k losses, and therefore be on the hook for 20k. 10k of which they literally never made.
English

No one serious about betting is going to bet anymore, or at least not going to report that they do.
Seriously, WTF is happening rn?
Fairplaygov@fairplaygov
NEW: The Joint Cmte on Taxation estimates that the gambling tax provision in the BBB will generate over $1.1 billion in extra revenue off of gamblers over an 8-year period. [Provision 14]
English
Arbo retweetet
Arbo retweetet

@RLinnehanSR Read the article, nice read! I believe there’s a typo in the last paragraph here. Context makes it seem as if it would be *unlikely to gain momentum

English

A Maryland lawmaker has introduced a bill to repeal online sports betting in the Old Line State.
It's the second introduced bill to repeal sports betting in a state in the last month.
sportsbettingdime.com/news/betting/m…
English

If you need promo volume on DK or ESPN, give my friend Spk a follow.
I’ve been busy and the consistent plays from him for promos I wouldn’t have time to do myself has been great.
Spk@PlusEVspk
Pretty nice start! 2 weeks now since I’ve created this account, and I’m already up over 40 units off of the plays that I’ve posted (excluding any tailing). Let’s keep this going!
English

@Arbo2KBets Updated link for your cord? Link in your bio is expired
English

First day tailing my friend @plusevspk and already a promo hit, if you need some ESPN promos give him a follow!

English













