Have you heard about arbitrage sports betting? Well, this is actually a mysterious method of betting on sports that generated guaranteed profits regardless of the outcome of the sporting event. Many professional bettors know this technique and they also often utilize this as they take advantage of the 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 might guarantee some profit theoretically, there are still a few factors that could prevent the actual implementation on the arbitrage sports betting technique. These factors could also impose certain risks in 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 before you place your bets, be sure to check that none of the bookmakers you have registered within the arbitrage employ a maximum stake limit. More advice here.
Also, it is important to note and recognize that all the betting exchange prices are subject to some sort of stake limit. So before you think about your arbitrage sports betting, examine the available liquidity at the second and third 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 money at the best price gets hovered up.
Alterations 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 best to check first the prices your bookmakers have offered are still available. The important thing is not to depend on those bookies that hold their prices quoted in the Racing Post. Additionally, the prices on the exchanges can change very quickly, thus it is important to make sure that whenever considering arbitrage sports betting, you set any exchange bets first whilst the price is last.
In todays high tech world where sports books and bookmakers are everywhere, finding the most dependable 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. Whenever possible, one should 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 on 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 are dealing with. If this is actually the case, it is then best to look at the rules maintained by the bookmakers before you place your bets with them. Just see if the bookmakers share the same policies for each sporting event you may be interested in.