Have you heard about arbitrage sports betting? Well, this is really an unknown technique of betting on sports that generated guaranteed profits whatever the results of the sporting event. Many professional bettors know this technique and they also often use this because they make use of the undeniable fact that different bookmakers set different odds depending on the opinion on the relative chance of the competitor for winning a single sporting event.
However, although arbitrage sports betting may guarantee a certain profit theoretically, there are still a few factors that 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 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 through 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, make sure you check that not one of the bookmakers you’ve registered within the arbitrage have a maximum stake limit.
Also, you should note and understand that all the betting exchange prices are subject to some kind of stake limit. So before you think about your arbitrage sports betting, examine the available liquidity at the 2nd and third prices in line, not just at the best price. You cant escape the fact that there are some instances in arbitrage sports betting that all your money on 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 not to rely on those bookies that hold their prices quoted in the Racing Post. In addition, the prices within the exchanges can change rapidly, thus it is essential to make sure that when considering arbitrage sports betting, you place any exchange bets first whilst the price is last.
In todays high tech world where sports books and bookmakers abound, finding the most reliable arbitrage sports betting service can be tough. 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 crucial for every bettor then to make sure that the website they’re betting at guarantees the return of their winnings. If possible, one should look at reviews first prior to selecting a specific betting site. Look for the rankings, and check GertGambell.net, bad-bookmakers.com and 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 obviously affect the result of the arbitrage you might be working with. If this is actually the case, it is then best to look at the rules maintained with the bookmakers prior to placing your bets with them. Just see if the bookmakers share identical policies for each sporting event you may be considering.