The one essential thing you need to make money on ebayWritten by Ebay Steve
ith literally millions of auctions taking place on ebay.com all time, you can probably already guess what number 1 essential you need in order to succeed on ebay. You need a 'USP'. What is a USP? Simple - a Unique Selling Proposition. Something that sets your auction apart from all other similar auctions that are no doubt happening at same time. There's nothing new about concept of USP - every successful corporation tries to differentiate both itself and its products from rivals efforts, for obvious reason.Ebay tend to encourage 'lazy seller' - numbnuts who all cut'n'paste same description, picture and even title into their auctions. Case in point - try searching for 'apple mac'. Once one of these 'lazy sellers' starts using an image, they all do! Hardly an encouragement to buy from one particular seller, is it? In fact, you could argue that amount of effort you put into your ebay auctions will determine amount of return you get back! Lazy Sellers seem to think that 'stealing' a stock photo or description somehow makes them seem more 'professional'. In reality, opposite is case. Today's surfers are sufficiently switched on to know that online auctions, even mighty Ebay, need to be treated with caution - scammers and fraudsters abound.
| | A bet you ALWAYS win - how sports betting arbitrage works.Written by Kevin Schultz
Betting arbitrage is a method of creating a bet that has a zero risk - in other words, you always win! The concept of 'arbitrage' comes from financial world, and describes activities of traders who find two different places offering same trade, but at different prices. They then exploit this difference by selling in one location and buying in other. Whatever happens to price, they make a profit on difference between original 2 prices. The same thing applies to betting arbitrage, typically on sporting events. The advent of online betting sites meant that punter could suddenly check prices at a multitude of different locations very quickly, and open bets at those that had 'slipped' out of line. By exploiting inefficiencies of some brokers, a win can therefore be guaranteed. Sometimes, differences are deliberate. Each online betting site has to maintain it's own 'book', and it would be a strange world indeed if they all had same number of punters, all betting same way and same amount, meaning they all had to offer same odds! So how does 100% winners, no risk sound? Groovy, huh? But there are, of course, problems. The main problem is size of account you need to make a useful profit. The difference between odds offered by 2 bookies, and exploited by an arbitrageur, may only amount to a fraction of a percent, meaning that you may have to wager several thousand dollars to win 5 bucks. Nothing wrong with that, you think? Not if bet is 100% guaranteed? But what about if thru vagaries of internet, you manage to get one side of bet on at right odds, but not other? You are left holding a LARGE position. Also, accounts of this size are viewed with some suspicion by bookies - they will want to know that you aren't (for example) money laundering.
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