What’s about arbitrage sports betting? Well, this is really an unknown method of betting on sports that generated guaranteed profits regardless of the results of the sporting event. Many professional bettors know this technique and they also often use this because they take advantage of the undeniable fact that different bookmakers set different odds depending on the opinion of the relative chance of the competitor for winning a single sporting event.
However, although arbitrage sports betting may guarantee a certain profit in theory, there are still a few factors which could stop the actual implementation of the arbitrage sports betting technique. These factors may also impose certain risks to your arbitrage sports betting experience.
Lets examine these risk-causing factors one by one.
Maximum Limits on Stakes
Many expert bettors – browse the detailed info at GertGambell.net – agree that the maximum stake limits usually placed by the bookmakers affect your arbitrage sports betting strategy. It might even stop you from placing your full stake while arbitraging, so prior to placing your bets, be sure to check that not one of the bookmakers you have registered with in the arbitrage have a maximum stake limit.
Also, it is important to note and recognize 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 available liquidity on the second and third prices in line, not just at the best price. You cant escape the fact that there are a few 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 a arbitrage sports betting, it is advisable to check first that the prices your bookmakers have offered are still available. The main point here is just not to rely on those bookies that hold their prices quoted in the Racing Post. Additionally, the prices within the exchanges can adjust very quickly, thus it is important to make sure that when considering arbitrage sports betting, you place any exchange bets first while the price is last.
Crooked Bookmakers
Nowadays in this hi-tech world where sports books and bookmakers abound, locating the most reliable arbitrage sports betting service can be tough. As you might know, there is a long list of dodgy betting sites which have deprived punters of their legitimate winnings. Given this fact, it is extremely critical for every bettor then to make sure that the site they’re betting at guarantees the return of their winnings. If possible, one should read the reviews first prior to deciding on a particular betting site. Look for the rankings, and view GertGambell.net, bad-bookmakers.com and 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 result of the arbitrage you might be dealing with. If this is actually the case, it is then best to check the rules maintained by the bookmakers before you place your bets with them. Just see if the bookmakers share the same policies for every sporting event you may be considering.