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 method and they often use this because they make use of the fact that different bookmakers set different odds based on the opinion of the relative possibility 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 take a look at these risk-causing factors one at a time.
Maximum Limits on Stakes
Many expert bettors – read 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 stop you from placing your full stake while arbitraging, so before you place your bets, make sure you check that none of the bookmakers you have registered within the arbitrage have a maximum stake limit. More hints here.
Also, it is important to 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 second and 3rd prices in line, not just with the best price. You cant escape the truth that there are some instances in arbitrage sports betting that all your money at the best price gets hovered up.
Changes in Prices
The majority 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 important thing is just not to depend on those bookies that hold their prices quoted in the Racing Post. Additionally, the prices within the exchanges can adjust rapidly, thus it is essential to make sure that when considering arbitrage sports betting, you set any exchange bets first while the price is last.
Nowadays in this high tech world where sports books and bookmakers abound, locating the most reliable arbitrage sports betting service can be difficult. As you may know, there is now a long list of dodgy betting sites which have deprived punters of their legitimate winnings. Given this fact, it is very crucial for every bettor then to ensure that the website they’re betting at guarantees the return of their winnings. If possible, one should read the reviews first before selecting a specific betting site. Look for the rankings, and check GertGambell.net, bad-bookmakers.com as well as the forums where most punters warn each other 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 dealing with. If this is actually the case, it is then best to check the rules maintained by the bookmakers prior to placing your bets with them. Just see if the bookmakers share the same policies for each sporting event you may be considering.