Have you heard about arbitrage sports betting? Well, this is actually a mysterious method of betting on sports that generated guaranteed profits whatever the outcome of the sporting event. Many professional bettors know this technique and they often use this as they make use of the fact that different bookmakers set different odds based on the opinion of the relative chance of the competitor for winning an individual sporting event.
However, although arbitrage sports betting may guarantee some profit in theory, there are still a few factors which could prevent the actual implementation of the arbitrage sports betting technique. These factors may also impose certain risks in 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 – browse 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 prevent 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 within 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 at the 2nd and third 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 hard earned money at the best price gets hovered up.
Changes in Prices
The majority of the sports books or bookmakers offer different prices for every 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 main point here is not to rely 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 whilst the price is last.
In todays high tech world where sports books and bookmakers abound, locating 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 crucial for every bettor then to make sure that the site they are betting at guarantees the return of their winnings. If possible, one should look at reviews first prior to deciding on a particular betting site. Look for the rankings, and check 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 obviously modify the outcome of the arbitrage you might be dealing with. If this is the case, it is then best to check the rules maintained with 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.