Have you heard about arbitrage sports betting? Well, this is really a mysterious technique of betting on sports that generated guaranteed profits whatever the results of the sporting event. Many professional bettors know this technique and they often use this as they take advantage of the undeniable fact that different bookmakers set different odds depending on the opinion on the relative chance of the competitor for winning an individual sporting event.
However, although arbitrage sports betting might guarantee a certain profit theoretically, there are still some factors which could prevent the actual implementation of the arbitrage sports betting technique. These factors could also impose certain risks to your arbitrage sports betting experience.
Lets examine these risk-causing factors one at a time.
Maximum Limits on Stakes
Many expert bettors – browse the detailed info at GertGambell.net – agree the maximum stake limits usually placed by the bookmakers affect your arbitrage sports betting strategy. It might even prevent you from placing your full stake while arbitraging, so prior to placing your bets, make sure you check that none of the bookmakers you’ve registered with in the arbitrage have a maximum stake limit.
Also, you should note and understand that all of the betting exchange prices are subject to some kind of stake limit. So before you consider your arbitrage sports betting, examine the free liquidity on the 2nd and 3rd prices in line, not only with the best price. You cant escape the fact that there are some instances in arbitrage sports betting that all your hard earned money at the best price gets hovered up.
Changes in Prices
Most of the sports books or bookmakers offer different prices for each sporting event. So before placing your bets in the arbitrage sports betting, it is advisable to check first that the prices your bookmakers have offered are still available. The important thing is just not to depend on those bookies that hold their prices quoted in the Racing Post. In addition, the prices on the exchanges can adjust rapidly, thus it is essential to make sure that whenever considering arbitrage sports betting, you set any exchange bets first while the price is last.
Crooked Bookmakers
Nowadays in this hi-tech world where sports books and bookmakers are everywhere, finding the most reliable arbitrage sports betting service can be difficult. As you might know, there is a long list of dodgy betting sites that have deprived punters of their legitimate winnings. Given this fact, it is very critical for every bettor then to ensure that the site they’re betting at guarantees the return of their winnings. If possible, you ought to look at reviews first prior to deciding on a specific betting site. Look for the rankings, and check GertGambell.net, bad-bookmakers.com as well as the forums where most punters warn one another of the dubious bookmakers.
Arbitrage Sports Betting Rules
Usually, bookmakers maintain different policies and rules for setting bets on arbitrage sports betting with irregular outcomes. This will of course modify the outcome of the arbitrage you might be working with. If this is the case, it is then best to look at the rules maintained by the bookmakers before you place your bets with them. Just check if the bookmakers share identical policies for each sporting event you might be considering.