By the way, all of this talk about arbitrage betting is pointless because GekkeBelg was top-down betting.
I mentioned his strategy before, it's called the top down method.
The Top Down Method is when you identify a sharp line from a sportsbook and consider that your “source of truth.” You then pick off advantageous bets at other sportsbooks based on that source of truth.
Okay, thank you for the... clarification. Where do you get or implied it from? A quick search on GekkeBelg's post seems bear zero result of him talking about this specific technic, so I think he doesn't make it public.
That's it, there's nothing fancy about it. No arbitrage betting, no syndicate betting. Just some guy comparing odds.
And determine the best platform to place the bets according to those comparison. Thus, value betting.
he made sure to check every casinos he played doesn't specify this on their ToS, so when it's used against him, his situation is bulletproof.
Technically he messed up against BC.Game, because they are freerolling all of their customers:
3.3 Sportsbook platform reserves the right to refuse, restrict, cancel or limit any bet. That's why he lost his AskGamblers case against Bc.Game.
Now,
that is the good practice of using ToS from casino's side. That thing works both ways.
on those casinos and can't find value betting on their ToS or sports-rules
What about the losers who wrongly think that they are value betting? Most sportsbettors think they have an edge but in reality only 2% win.
What if I don't know if I have an edge or not? It's incredibly hard to define what exactly is a valuebet, especially if you bet on smaller markets.
Please rephrase.